Author: Ramit Sethi

The success of your launch depends heavily on how well you market your offering. To build awareness and drive conversions, leverage multiple platforms: Social media: Boost brand awareness by consistently posting relevant content that resonates with your audience. Email marketing: Collect leads and nurture relationships through email marketing, building trust with potential customers who are…

Here are key funding options to consider, along with their advantages and drawbacks to help you make an informed decision: Bootstrapping involves using personal savings or reinvesting revenue from a job, making it ideal for small businesses that require minimal capital. The main advantage is full control without debt or equity loss, but growth potential…

Here’s how you can build a strong foundation for your affiliate marketing business: Step 1: Choose one or two high-quality affiliate programs to start. Focus on products or services you genuinely believe in, preferably ones you’ve used yourself, to create authentic and compelling content. Step 2: Create value-driven case studies that can showcase real-world applications…

Let’s put all these steps into action with a real example. We’ll look at how Sarah, a graphic designer in New York, calculated her desired salary range. Her process shows exactly how each factor adds up to create a well-researched salary target. First, Sarah checked the market rate for graphic designers. She found the typical…

Rent-to-own combines renting with the option to purchase a home later, but this arrangement carries significant risks that many people overlook. While it offers a path to homeownership for those who need time to boost their credit score or save for a down payment, the reality often falls short of expectations. The financial implications are…

To figure out how much you need in retirement, start with your current monthly spending as a baseline. Include essentials like: Housing costs, groceries, utilities, and transportation. Lifestyle expenses such as entertainment, hobbies, and travel.  And healthcare, which deserves special attention since costs typically increase with age. Above all, your retirement budget needs flexibility built…

If you are feeling dejected by the amount of student loan debts you’re facing, Laura Long is proof that paying it off is more achievable than you think.  After realizing her regular payments weren’t making a dent in her $77,000 debt, Laura took a bold step and launched a new business helping therapists build successful practices, all…

Let’s break down a realistic business scenario with specific numbers to show exactly how this works. Here’s what our example business owes (Total Debts): The business has a bank loan of $15,000, outstanding credit card debt of $5,000, and equipment financing of $5,000. When we add all these debts together, the total debt comes to…

[00:31:40] Ramit: Go ahead and read off the word in bold and then the full number next to it. [00:31:43] Dawn: Okay. Assets, 28,500; investments, 24,985; savings, 58,484; and debt 14,895. Total net worth 97,074. [00:32:03] Ramit: Okay. What do y’all think of the numbers? [00:32:06] Dawn: I wish assets was higher, but I don’t…

There are two primary approaches to determining when you should rebalance your portfolio: time- and threshold-based rebalancing. Let’s break down the key differences between these methods to help you choose the best solution. Time-based rebalancing operates on a fixed schedule, typically annual, making it simple to implement and track. It’s ideal for hands-off investors who…