And The Winner Is…

May 4, 2009 by Lauren Fairbanks

Open Book

Last week, we ran a contest for Ramit Sethi’s new book, I Will Teach You To Be Rich. The person to leave our favorite money saving tip in the comments section won a copy of Ramit’s book and that winner is…

David!

His tip:

Tip 1. DRIPS!!! Direct Re-Investment Plans. They allow you to buy stock at no cost (except for the first share) and they reinvest the dividends of the stock automatically so your always increasing your shares without doing anything.

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Tip 2. Get rid of Cable! Everything is either online for free or online through piracy so get a media player for your tv, something that will play netlix as well is good to. Remember that if you get the cheapest netflix (9 dollars) you can get unlimited internet streaming and if you rip the dvd to your computer right away and send it back you can get alot of dvd’s in a month. Most people can get more media then they can ever watch without spending much at all.

Anyone who’s been reading the site for a while knows I’m a huge advocate of cutting loose cable and frankly, the DRIPS thing is new to me. So, I’ll be checking that out and doing a post about that in the near future.

Thanks, David! You win a copy of Ramit Sethi’s new book, I Will Teach You To Be Rich. Enjoy!