Are You Stressed About Your Personal Finances And The Economy?

Money

This week, CNN reported that 80% of Americans are stressed about their personal finances and the economy, according to the annual survey conducted by the American Psychological Association. And, the most recent series of televised presidential and vice-presidential debates may or may not have made you feel better about the outlook for the housing market, the economy in general, or your personal finances.

Here now comes Ramit Sethi, a recent technology and psychology graduate from Stanford University who offers some straight talk about your money. Ramit’s blog is called www.iwillteachyoutoberich.com, which sounds a bit like a get-rich-quick type of scheme to me, but Ramit is quick to point out that “No, it’s not a scam, I’m featured in the Wall Street Journal, New York Times, NPR and CNBC”. Well, alright then, I’m sold. Moving right along, Ramit offers some “politically incorrect” (his words) thoughts on “The Truth: What Obama and McCain won’t tell you about your money”.

I’m not sure, but after reading Ramit’s article, that 80% figure cited by the American Psychological Association might inch closer to 95% territory. Don’t take my word for it though, head on over to Ramit’s post, and decide for yourself, whether or not his observations hit the nail right on the head.

[via Lifehacker] [image courtesy Nauris]

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