Frugality is the most important thing when it comes to personal finance, right? Just cut back on everything! (No, Don't!)... This is the third video of a SpendLessTV.com Original series of three money myth-busting tips from personal finance author, Ramit Sethi: Cut Back on Everything!
You can catch the first of the money myth-busters, "Money Myth #1: Willpower" here.
And the second of Ramit's money myth-busters, "Money Myth #2: Just Spend Less Than You Earn" here.
Ramit Sethi is the author of the New York Times bestseller, "I Will Teach You To Be Rich," which focuses on personal finance for people in their 20s
and 30s by weaving together threads from health & fitness, social psychology, and personal finance. He's been writing his blog, iwillteachyoutoberich.com, since 2004 and hosts over 300,000 readers per month. He also runs an online course on how to turn your skills into side income at earn1k.com. Previously, he co-founded a Silicon Valley collaboration company called PBwiki, where he helped drive user acquisition
of millions of users. Ramit, 28, graduated from Stanford, where he studied technology and psychology.
Ramit's written hundreds of free articles for millions of readers and helped people save, invest, automate, and earn more money. His book, I Will Teach You To Be Rich, was an instant New York Times best-seller and became the #1 overall book on Amazon the day it was released (knocking Twilight off the top spot). His material on earning more money on the side has been featured in the Wall Street Journal and ABC News, and he's regularly featured in the New York Times, and on the ABC show "Good Money".
To learn more from Ramit about personal finance and entrepreneurship, including in-depth techniques on earning more money and automating your finances, check out these links:
NYT Bestselling book, I Will Teach You To Be Rich
The Psycology of Money
Automating Your Finances
Earning More Money