WHEN I WAS in graduate school, racking up my fair share of student debt at 6.8% interest, I knew I needed to get serious about financial education. I was studying finance, but had yet to encounter a personal finance class. It became my mission to filter through the endless websites and blogs to find what resonated with me. Here are my five go-to sites:
Ramit Sethi’s I Will Teach You to be Rich, both the book and blog, offered a wealth of information when I needed it most. Ramit likes to refer to himself as your surrogate Asian father, and he means business. Don’t let his blog’s name fool you. Every 20-something should visit the personal finance section of his site. Money mistakes, the importance of automation, investing and eliminating debt are topics covered.
In 2012, I read an article talking about a new financial website, NerdWallet.com. As a self-proclaimed financial nerd, I immediately became interested. The credit card tools and analysis first drew me in, but I soon realized the website offers considerably more than that. The site has some of the best financial tools anywhere to help people make financial decisions. I’ve had the pleasure of personally meeting several of the nerds behind the site. They’re bright, passionate and on a mission to streamline good advice.
Richard Thaler, a pioneer in behavioral economics, has captivated me through his work. His most recent book and associated website, MisbehavingBook.org, offer a fresh perspective, helping readers to make better decisions. I’ve developed a slight brain crush.
When you’re a nerd, you welcome opportunities to continually grow and develop. MrMoneyMustache.com does not disappoint. MMM lives an extremely optimized frugal life, retiring at age 30. His simple, unconventional lifestyle and approach to money is refreshing. You may have no plans to ditch your car for a bike, but his concepts are sure to leave you thinking.
Podcasts have yet to speak to me, unless you’re financial journalist Farnoosh Torabi of So Money. Her blog contains great advice, including the importance of asking questions and the notion that no one cares about your money as much as you do. Torabi’s content and brand have evolved throughout the years to reflect her personal journey.
Anika Hedstrom’s previous blogs were Upping the Ante and Home Economics. Anika is a financial planner with Vista Capital Partners in Portland, Ore. She loves to nerd-out and, when given a dollar, will save 96 cents.