I’ve always been kind of intrigued by Stanford grad Ramit Sethi’s New York Times bestseller I Will Teach You to Be Rich. I dismissed the book at first because the gimmicky title brought to mind images of the question-mark guy on late-night infomercials, but the more I heard, the more interested I became. To hear why I changed my tune, read more.
Sethi recommends setting up free checking and savings accounts at dependable banks, and automating all your bill payments and transfers to savings. He thinks scrimping on things like lattes to save a couple bucks is useless financial advice, and says you should start to invest while you’re still young. Sounds pretty practical, huh?
So when I heard Sethi was holding a six-week online financial boot camp, I was actually pretty excited. It wasn’t until I was looking at the registration page, credit card in hand, that I backed out. It’s not that I didn’t think the boot camp would be helpful, but I decided spending a couple hundred bucks to find out how to save money wasn’t a wise choice for me.
I’m sure plenty of others felt differently, though, and you might, too. So tell me, have you ever paid for a workshop, class, or boot camp to whip your finances in shape? Or would you ever consider it?
Source: Flickr User Kyle T. Ramirez
Martick Jewellery
Matthew Williamson
Elle Passions
Maybe, depends.
1It may make a nice gift for someone else...
My husband and I paid $90 to attend Dave Ramsey's Financial Peace University 13 week course. It has helped us get on the same page about dealing with our finances now and planning for our financial future. It's not for everyone but it has changed our lives
2Possibly
Local IFA
3Not me. There's enough free information out there that I don't need to pay someone to teach me the basics. If I'm going to pay for any service, it will be for a financial planner, when our finances eventually get too complicated for us to handle on our own.
4I agree with supercoolnat, there's so much free info. And there are books you can buy for like $9 with all the info you could want.
5I'm with supercoolnat and Ziggy...there are so many free resources out there and tons of books/articles telling you what you should be doing. I think if you really want to live frugally, you can do it on your own. I think the bootcamp thing would appeal more to people who are at their wits' end with money and would shell out anything to get out of the hole. And you KNOW the people running these bootcamps know that, too.
6Post New Comment
Please share your opinion with our community, but make sure it is on topic and follows our Community Rules. We moderate comments and prohibit personal attacks, threats, spam, lewd images, or the promotion of your personal website.