If you want to learn how to give advice that people actually listen to, there are two things you can do: Empathize with the person — and not act like an emotionless robot. Find people who want to listen to that advice. That’s it. Not following these steps will have you feeling like you’re giving advice to a brick wall. I know because I spent years doling out unsolicited advice and wondering why people weren’t listening to me. For example: FRIEND: (sighing) I hate banks. YOUNG RAMIT: (ALARM BELLS RINGING DUE TO A PROBLEM I CAN SOLVE) Why? What’s up? FRIEND: They just charged me $34 for an overdraft fee. That’s like the third time this month. YOUNG RAMIT: (deep inhale) LOL THAT’S SO DUMB, I NEVER GET OVERDRAFT FEES. YOU NEED TO AUTOMATE YOUR FINANCES AND LEARN HOW TO NEGOTIATE. IT’S SO EASY. FIRST YOU START BY CREATING A CONSCIOUS SPEND— FRIEND: I really wanted to help … and I knew the “right” answer. But my friend wasn’t ready to hear it, so it landed with a thud. It took me a few years to discover that people don’t like to be lectured about things they already know they’re doing wrong. [...]
We spoke with two millionaires who were able to earn their money through a powerful combination of two things:
Investing and saving
Earning more money through side hustles
And we’ll show you exact [...]
Today I’m going to teach you what to do if you ever win the lottery, a massive inheritance, or any other huge infusion of cash.
1/3 of lottery winners go bankrupt and I’ll be damned if I’m [...]
Below are seven income producing assets that you can invest in to start earning you passive income.
I’ve split the list up into two ways: Safe and risky. The former are assets I consider to be more [...]
The holidays are coming up.
You send your boss an email asking to take a few days off for vacation. But what do they say?
“Sorry, we have too much going on. We’ll need you here.”
Today, I wa [...]
You’ve probably been there before:
You walk up to a group of friends talking. Stand there awkwardly while waiting for one of them to notice you. Wish for death.
You start telling a story to a grou [...]
I’ve shared my favorite personal banking tips with you in the past.
Here’s my pick for the best checking account
Here’s my pick for the best savings account
Today, we’re going to talk abo [...]
Have you ever met someone who’s told you, “Traveling to experience different foods, sights, cultures, and people? Ew, no.” Me neither.
The point is, the majority of us looooooove to travel, but [...]
There’s a lot at stake when you walk through your boss’s door to start the “talk.” You know the one: negotiating more money.
That single conversation is too important for you to just blindly [...]
Chocolate can help you lose weight.
No, seriously. It can. Or at least that’s what Charles Duhigg, habit expert and author of The Power of Habit, says:
“Although it seems like very dissimilar rew [...]
So you’ve crafted a winning resume …
… written an amazing cover letter …
… and you might have gotten a little ahead of yourself and started clearing out your desk.
Your hard work has paid [...]
If you had an extra hour in your day, what would you do with it?
Pick up a new hobby?
Learn a new language?
Find new ways to make money?
What if you had two extra hours, or even three? What would you [...]
Imagine a dozen dominoes lined up in a row. Push the first domino and what happens? They all fall down.
Now take that same dozen and double it. No, triple it. No, wait — add 15,000 dominoes, branch [...]
Ah, the new year. A time for parties, champagne, and questionable decisions made because of the aforementioned parties and champagne. Before you say goodbye to 2018, there are four things you can do t [...]
The holiday season is usually a time of year that inspires people to be their best self — and “live their best life.” But a trait that’s often undervalued when living a Rich Life is genero [...]
Headlines like “Oprah’s favorite things!” or “Tech gifts for gadget geeks!” have been popping up in your Amazon sidebar for weeks, all of America’s malls are playing “Jingle Bell Rock” [...]
The inverted yield curve is a graph that shows that younger treasury bond yields are yielding more interest than older ones.
And it’s TERRIFYING for financial pundits all over the world. It’s a g [...]
If you’re broke, things that people consider minor purchases can be a massive undertaking for you:
Going out for meals and to bars
Paying utility bills or rent
Filling up your car with gas
It’s a question I’ve been asked since starting I Will Teach You to Be Rich more than a decade ago:
“How do I take control of my finances?”
At first, it can be hard to answer &m [...]
“Middle class” is a common term spoken by news pundits, politicians, and that annoying friend of yours who likes to debate politics at dinner parties.
While a lot of people like to bloviate about [...]
A 401k is one of the most powerful investment vehicles for retirement — and it’s IWT’s favorite thing ever for several reasons:
Pre-tax investments. You don’t get taxed on the money you cont [...]
I’ve talked about the 401k a few times before.
[cue montage of every single time I scream at you to get a 401k]
That’s only because the 401k is one of the most powerful investment tools at [...]
A good side hustle idea can open the door to unlimited earning potential.
My team and I have spent more than a decade building money-making systems that have earned my students $1,000 and more on the [...]
Insecurity is fascinating.
We hide it.
We beat ourselves up for it.
And to top it off, it seems like we’re the only ones who ever feel it.
And yet: It’s the times we feel most insecure that we g [...]
The two most common questions I hear about stocks are:
What stock should I buy?
When do I sell?
I’ve covered the first question before (check out my article all about stocks and bonds). That’s w [...]
“Write an interesting story, not a perfect story.” — Drew Houston
Drew Houston (@DrewHouston) is co-founder and CEO of Dropbox. Since founding the company in 2007 with Arash Ferdowsi, Dr [...]
Photo by Adam Rose
“Things that caused me so much pain and confusion as a kid ended up being really wonderful tools in my work.” — Samin Nosrat
Samin Nosrat (@ciaosamin) is a writer, che [...]
Today, I’m going to share two strategies I’ve used to get traffic to my websites from extremely high-traffic blogs like Lifehacker and sites like the Wall Street Journal.
These strategies are the [...]
Consulting is a great career choice if you love:
Exposure to a variety of industries and businesses
There are a lot of different options [...]