Personal finance spiel

4/12/24

This is not small screen friendly.

I'm supposed to be doing data 102 homework right now. But I wanted to write about money. I’m embarrassed to write this but I started reading the Ramit Sethi book. I saw it in the library catalog and it looked like something I should read, so I did.

What I took away:
1. Get another credit card.
2. Stop using Bank of America and Wells Fargo.
3. Get a checking account and a savings account preferably in separate banks.
4. Automate money transfers so that every month, a little goes from your checking account to your savings and Roth IRA.
5. Get a Roth IRA.
6. Figure out what your spending habits are like.

Doing the sixth point here. As much as Ramit Sethi hates Wells Fargo, they gave me a whole csv for my 2023 spending that was well-organized and easy to work with.

I had fun doing this although the visualizations aren't great. I wanna learn better (prettier) techniques to model data like this beautiful project from Denise Lu.

All of that to say, I opened a Roth IRA and a savings account. Don't read Ramit Sethi.