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Sunday, May 11, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 11, 2008 at 12:00 pm ET
In the past, I’ve shared the story of the worst job I ever had. In a lot of ways, it felt like I was part of a pyramid scheme or multi-level marketing operation. I’ve been approached to participate in similar operations since then: once by my veterinarian (?!?) and once by a stranger in a [...] ... (more)

Saturday, May 10, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 10, 2008 at 7:36 pm ET
H.B. sent me a note this afternoon to tell me that Get Rich Slowly seems to be broken: I know you wrote a couple of days ago that there were some issues with the program you used to run the site and I just wanted to alert you to what I’ve been experiencing the past two [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 10, 2008 at 9:00 am ET
When our friends Mike and Rhonda moved into their new house a couple years ago, their yard was just like every other in the neighborhood: green grass. Chances are, that’s what the yards are like in your neighborhood, too. But over the past two years, Mike and Rhonda have transformed their lot into something different. [...] ... (more)

Friday, May 9, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 9, 2008 at 3:30 pm ET
As I continue to achieve my short-term goals, my attention is turning increasingly to long-range plans. What is it I want to do with my life? I’ve always toyed with the idea of early retirement, and lately I’ve been reading more about the subject. Three books that have helped me so far are: Timothy Ferriss’ The [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 9, 2008 at 8:00 am ET
Personal finance is filled with tough decisions. Prepay the mortgage or invest the money? Pay down high interest debt first or use a debt snowball to tackle the small balances? Roth IRA or traditional IRA? Sara wrote recently with another dilemma I think many of us have faced: is it better to pay down debt or [...] ... (more)

Thursday, May 8, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 8, 2008 at 1:00 pm ET
On Saturday, The New York Times published a brilliant chart illustrating the spending of the average American: “Each month, the Bureau of Labor Statistics gathers 84,000 prices in about 200 categories,” the paper writes, “like gasoline, bananas, dresses and garbage collection.” These numbers form the Consumer Price Index, one common measure of inflation. And this graphic [...] ... (more)

Wednesday, May 7, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 7, 2008 at 9:00 pm ET
Some of you are going will wake tomorrow to find the same post at GRS you saw briefly on Tuesday morning (the bike metaphor). You’ll be confused. “Is this a re-run?” you’ll wonder. It’s not. It’s a technical glitch, for which I apologize. This site runs on WordPress, a popular blogging platform. There are many good [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 7, 2008 at 2:59 pm ET
“How much time do you spend blogging?” people often ask me. “I don’t know,” I say. “A lot. Probably forty to sixty hours a week.” I’ve always wished I could provide a better answer to that question. Now I can. During his recent “fireside chat” with Google, Tim Ferriss mentioned a new application he’s been using [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 7, 2008 at 8:00 am ET
The problem with the standard financial advice is that it’s bad advice. You’ve been told to work hard, save money, get out of debt, live below your means, and invest in a well-diversified portfolio of mutual funds. But this advice is obsolete — so argues Robert Kiyosaki in his new book, Rich Dad’s Increase Your [...] ... (more)

Tuesday, May 6, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 6, 2008 at 8:00 am ET
This is a guest post from Betsy Teutsch, who writes about socially responsible investing, savvy consuming, and sustainable living at Money Changes Things. The practical side of me loves wedding registries, and the values-driven side of me has grown to loathe them as brides and grooms seem ever bossier. Registries are nothing new, of course. We [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 6, 2008 at 7:29 am ET
This piece originally appeared at Andrea’s Consultant Journal in a slightly different format. Exercise is a funny thing. When you start a fitness regimen, you feel awful, especially if it’s been months (or years) since you’ve been physically active. The first couple of weeks can be grueling. But once you make it a habit, once you [...] ... (more)

Monday, May 5, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 5, 2008 at 11:00 pm ET
I often ponder which direction I should take Get Rich Slowly. Build the site? Write a book? Convince that other J.D. Roth to develop a television show around the premise? My latest harebrained idea (which I’m only sharing because I’ve dismissed it) is to start a chain of Get Rich Slowly stores. I’d stock them [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 5, 2008 at 3:00 pm ET
On Saturday, I wrote about my transition from spender to saver. I mentioned that I’d recently peeked at the latest camera equipment. “I spent twenty minutes on Amazon, drooling over the Nikon D300,” I wrote. “I’m tempted — but not much. I’d rather save that $1,800 for the future.” Reader Kristi Wachter left an astute comment: $1800? [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 5, 2008 at 8:00 am ET
Berkshire Hathaway held its annual shareholders meeting over the weekend. The company, run by Charlie Munger and Warren Buffett (the world’s richest man, and one of my personal heroes), continues to do well, though Buffett warned shareholders not to expect continued stellar returns as in years gone by. “Anyone that expects us to come close [...] ... (more)

Sunday, May 4, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 4, 2008 at 7:00 pm ET
“It was the best of times, it was the worst of times…” — Charles Dickens, A Tale of Two Cities During 2008, my wife and I are tracking how much time and money we spend growing food in our garden. April finally saw some action in the yard, but not the sort we’d hoped for. The hail [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 4, 2008 at 1:59 pm ET
I received another great e-mail yesterday describing a reader victory. Joshua has been wanting to buy a Nintendo Wii, even though he knows it’s not the best use of his time or money. On Friday, he stared temptation in the face — twice! — and triumphed through force of will. Here’s his story: I had a [...] ... (more)

Saturday, May 3, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 3, 2008 at 10:27 am ET
I pulled out my camera gear last night. It’s been two years since I used it regularly. Before I started Get Rich Slowly, I seriously considered trying to become a professional photographer. But for a long time now, my camera stuff has been gathering dust in the corner of my office. I can’t even remember [...] ... (more)

Friday, May 2, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 2, 2008 at 4:00 pm ET
Ah, April. It was a fine month. Get Rich Slowly was named most inspirational personal finance blog by Money magazine, I conducted a couple of interviews, and I made my first public presentation about money. I also focused my writing on financial literacy topics. Here are some of the posts I especially liked this month: April [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 2, 2008 at 8:00 am ET
Jason sent me a question yesterday that neatly encapsulates a lot of the mail I receive, as well as rounding up some of the topics we’ve been discussing this week regarding life after school. “I’m living on credit,” he wrote. Here’s his story: I graduated a year ago with a useless degree but what I thought [...] ... (more)

Thursday, May 1, 2008
From Get Rich Slowly - view blog entries - visit this blog
May 1, 2008 at 9:32 pm ET
I’m simultaneously an early adopter and the last one to the party. I signed up for a Twitter account long ago, but never did anything with it. I didn’t see the point. Now, though, it seems to have hit some sort of critical mass. Even my non-geeky friends are using it to keep in touch. [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
May 1, 2008 at 8:00 am ET
On Tuesday evening I gave my first-ever presentation about personal finance. I spoke to a group of about 70 graduating seniors from Western Oregon University. My talk went okay. It wasn’t terrible, but it certainly wasn’t good. It’s a start. I learned a lot, and I’ll do better next time. I was the fourth and final [...] ... (more)

Wednesday, April 30, 2008
From Get Rich Slowly - view blog entries - visit this blog
April 30, 2008 at 4:34 pm ET
Kris at Cheap Healthy Good recently wrote how 60 minutes a week can save hundreds of dollars on food. This kind of stuff never occurred to me in my early ‘20s, and The Boyfriend and I are much better for it now. We eat like the dickens and haven’t had to sell any major organs to [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
April 30, 2008 at 8:00 am ET
This is a guest post from John Forman from The Essentials of Trading. Forman is the author of a book by the same name. He has been a trader of the stock and other markets for over 20 years, and is a professional stock market analyst for Thomson Reuters. The wealth building potential of the stock [...] ... (more)

Tuesday, April 29, 2008
From Get Rich Slowly - view blog entries - visit this blog
April 29, 2008 at 9:00 pm ET
I’ve received several questions about credit cards recently, and have been struggling with how to handle them. When I started Get Rich Slowly two years ago, I was firmly in the anti-credit card camp. I still believe credit cards are dangerous, but now recognize that they can be cool tools if used responsibly. (”Credit cards [...] ... (more)

From Get Rich Slowly - view blog entries - visit this blog
April 29, 2008 at 4:00 pm ET
The best part about running this site is reading stories from readers who have managed to take control of their finances and kick debt to the curb. Some people share their success in the comments, but many people e-mail me privately to celebrate. For example, Jodi wrote on Friday to say that after more than [...] ... (more)

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