Tuesday, April 26, 2011

Forget Frugality?

The obvious flip side to simply saving money is actively pursuing making more money.
The Bucks Blog post from the NYTimes about focusing on generating more wealth instead of trying so hard to save it is here.

Ramit Sethi is definitely right about most personal finance education focusing on ways you can cut your spending instead of ways to earn more money. My main issue with earning more vs spending less is that it takes much more of your free time to sell a service you have in order to make more money. If you cut out the extra latte a week, you don't sacrifice free time necessarily.

That being said, anyone want me to give them a haircut for $100/hour?



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