When I first saw this my reaction was, "WTF does some 23-year old kid know about personal finance?" Then I watched the video and realized that he could only be IlliniProgrammer's little brother. His advice is pure gold, from buying vehicles with 100,000 miles on them to cruising yard sales like an Amish boss. Who knew that ramen noodles were the new killing it? Well, IlliniProgrammer did, that's who. IP, this one's for you:
Trending Content - Off Topic Forum
| +54 | for you youngins (under 40, ideally under 30), what do you want out of life? | 31 | 2h |
| +52 | Bathroom War Crimes | 13 | 3m |
| +21 | Stealth-Listening Devices | 3 | 2h |
| +12 | Companies with products that track terminal/analytics desktop usage | 1 | 2d |
| +10 | Totally random question | 3 | 17h |
| +9 | Ordering Valium Online: Key Considerations | 0 | 1d |
| +9 | Pickleball Manhattan | 1 | 3h |
| +7 | LA client meetings | 2 | 5d |
| +7 | my advisor looks a little too good | 7 | 5h |
| +6 | LinkedIn Shitposts | 3 | 23h |
Career Resources
Worth a read I suppose... Is this the young version of Alvin Hall?
I really think IP should write a book about how to live as a frugal financier. I'd bet it would be a big hit with Wallstreet and the City.
Thanks for posting.
Some of this is common sense but I like that guy.
Both jacket buttons buttoned... He makes it hard not to judge a book by its cover, but I'll check it out
Wait wait wait. Seriously? You guys are gonna buy this book? Let me save you the $12.
We have a new Follow function here on WSO. Go Follow IlliniProgrammer. He'll give you the same (and better) advice for nothing.
Man, total irony fail. I thought this kid was gonna get lambasted.
Didnt listen to 1 word... He looks like a douche.
I want to throw up on his suit
This isn't even this kid's first book. He wrote Debt-Free U: How I Paid for an Outstanding College Education Without Loans, Scholarships, or Mooching off My Parents two years ago when he was 21!
I'm not going to disparage a fellow writer, especially one as fiscally responsible as this kid, but what the fuck is the publishing world thinking? Maybe I just don't get it, but how on Earth does a non-fiction imprint say, "Yeah, this 21-year old kid who just graduated college is an authority, let's give him a book deal?" Again, my hat's off to him and I hope he sells a bunch of books, but it's no mystery why the publishing industry is circling the drain.
A mature 12-year old could write a book on personal finance. It takes the ego of an adult to screw it up, ala "Models and Bodels baaabeeeey! Just leased a new 5 Series! German Auto Engineering gets the BITCHEZ!"
As for giving a book deal to a 21-year old, it's another angle on self-help. It's marketed to college kids and will likely be a gift bought by many a concerned parent. It wouldn't surprise me at all if he does the college campus speaking tour. From a business perspective, it makes sense.
Honestly, it's refreshing to see sound personal finance ideas -- once reserved solely for small businessmen and middle-income Jewish/Eastern European households -- start trickling down to college kids.
It's not "sound personal finance ideas", it's marking your expense budget to how you would live below the poverty line. No shit you'll save some money. Even If you are interested in learning to be smart about your money, you're certainly not going to waste your $12 purchasing a book with this jerkoff on it.
If you think this is a great business idea, please let me know some of your favorite stock picks so I can immediately short them.
looks like it could be IPs brother yoo haha
He should definitely spend more money on suits.
he prolly found it in a yard sale
Wait, is that a doorman's jacket? lol
Good for this kid. Milking retarded parents with a book full of information you could find online in 2 minutes.
Just save some money. Contribute to your 401K, keep cash in the bank and build up a sizable reserve. I'll never understand this fetish for living like shit while acquiring massive amounts of cash. Or this desire to retire at 35. Just live your life and bank some cash. If you hate banking, fine, quit and get a F500 job. You are still going to make solid cash and can continue saving and living a nice life.
The only secret you should follow is don't get into debt. That is it. That and don't spend money on things you do not value.
Does your employer match your 401k?
Yeah, general rule is to contribute up to the match, free money.
Most of personal finance advice is complete BS, if you're looking for that you are prolly not smart enough in the first place to handle finances.
If you want to wear a suit, wear it properly just like when you use knives and forks. I see a lot of people eating with knives in their left and forks in the right.
http://artofmanliness.com/2010/04/02/art-of-manliness-suit-school-part-iii-a-primer-on-suit-buttons/
That isn't technically wrong. The traditional and old European way was to eat like that. Now continental Europe adopted the right hand knife and left hand fork (called "Continental Style") because it is less awkward and "faster". True Blue Bloods, GSMDs and DARs eat the traditional style and are ballers.
However, most Americans decided to bastardize the whole thing and cut the food continental style and then put their knife down and switch their fork into the right hand (Traditional) and pick up the food. Incredibly retarded and inefficient while also looking the least refined.
Dont know about utensil placement inside homes of inbred royals, but ive yet to see any restaurant in Europe or America where forks where placed on the right and knives on the left.
"You probably wouldnt have to buy theft insurance because who would wanna buy your piece of crap car?"
Pure gold.
59 1/2 penalty free, otherwise it is a 10% hit. You can use it without penalty for a few limited reasons. If you get fired you can just roll it into an IRA with Vanguard or something.
Most firms match up to a point. It is pretax money. IRA is something you do yourself, with post tax dollars. You can then use it to reduce your taxable income during tax time. You can choose a Roth IRA which is taxed going in, but tax free coming out.
Tons and tons of ways to minimize your tax exposure and save. Once you start making some money things just get more complicated.
Does anyone else not see the irony of blasting this kid for his cheap suit while he is talking about ways to live cheaper? Jeez you guys are ignorant.
Did you read the title of his book? Methinks no.
lol i just noticed...even on the cover he got the suit double buttoned jeez
I'm interested in hearing about what he wrote in his other book about paying for college. Based on the reviews it seems as though he argues against going to private schools. This guy's an art history major at UMass, wtf is he doing after graduation?
This guy needs a fucking haircut.
What he should write is- how to get rich? Tell other people how to get rich.
Lol always the best thread titles
Why hasn't IlliniProgrammer chimed in on this thread yet?
Laborum et placeat beatae. Commodi itaque ipsum accusamus optio. Aut fugiat ipsa animi voluptatem. At minus qui et sit est. Quis omnis nisi velit ut aut est recusandae.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...
Expedita est provident repudiandae sit nisi fugiat et. Illo harum itaque enim qui et sit officia. Tempora consequatur saepe consequatur perspiciatis perferendis voluptas.
Nisi consequatur qui illum cupiditate ullam consequatur. A quos et ea autem. Quos sed eligendi quasi magni. Soluta et sunt nihil rerum voluptatum. Nemo voluptatibus et sed expedita. Soluta enim facere placeat magnam. Accusantium dolorem quo asperiores tempora eum quidem sit.
Libero voluptates harum qui delectus. Esse consequatur expedita aliquam repellat soluta eum ut quos. Delectus et unde quia eius sed rerum mollitia inventore.
Repellendus id reprehenderit tenetur delectus voluptas maiores. Sit qui voluptatem consectetur deserunt. Modi ex facilis in tempore eos praesentium voluptatem.