Welcome to Money Crashers! Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about credit and debt, investing, education, real estate, insurance, spending, and more.
Our eleven indispensable principles will guide these individuals in making these financial decisions. People, young and old, will no longer be targets of financial predators. Instead, they will take control of their money and their future by demonstrating common sense and self-control. Money Crashers is here to help you in your journey to becoming financially independent, sound, and secure.
The 11 Indispensable Principles of Money Crashers
- Always spend less than you make.
- Do not believe in money myths.
- Get out of debt and stay out of debt.
- Save money for the unexpected.
- Student loans are not the only answer. Be resourceful and open-minded.
- Find creative ways to boost your income.
- Invest for the long-term and keep it simple.
- Educate yourself about real estate, cars, and financial products.
- Avoid scams and financial predators.
- If you have a spouse or partner, treat this person as a teammate!
- If you achieve financial success, give back. It helps others and feels great.
I’m a graduate of Brown University, and originally from Boston but currently living in Chicago, which is an awesome city despite its awful winters. With some quality guidance from my parents and older siblings, I have always strived to be financially fit (though it’s not always easy and there are always slip ups!). I majored in Economics while in school and have found it to be very applicable to everyday life and useful in understanding the economy. I also have gained some great investment experience previously working at a hedge fund.
We all face financial challenges every day that can become increasingly complex without the necessary guidance and insights. This is where I hope Money Crashers can help out. I want Money Crashers to be a community where people can share ideas, help each other out, and grow financially together. Our goal is for the site to be something you look forward to visiting each and every day.
Yeah, try pronouncing that. I’m of Korean descent, and a graduate of Northwestern University where I majored in Industrial Engineering. Growing up in New Jersey, money has always been something that has interested me – mainly as a means to an end. There’s so much you can do if you have the financial resources, and I’d like to make a difference in the world somehow $1 at a time.
You can say that the love of money is the root of all evil, and I’m pretty sure it is, but regardless, everyone should look to improve their financial fitness and education to get the most value out of their lives. Money isn’t everything, but you can’t deny that it’s important. I have no idea why they don’t teach personal finance in schools. It baffles me. But hey, at least now you can learn by being a Money Crasher!
Recent Press Mentions
Money Crashers has been featured on national media outlets including CNN, The Wall Street Journal, US News & World Report, Yahoo Finance, MSNBC, Business Insider, Forbes, and more. For a more comprehensive list of media mentions and interviews, as well as booking information, see the Money Crashers press page.
April 28, 2013 – Andrew Schrage sits in as a guest on MSNBC’s Business War Chest to talk about knowing when to quit your job and start a new business – including examples from his own journey as an online entrepreneur.
January 25, 2013 – Andrew Schrage explains the frugal benefits of filing your taxes online as part of “The Savings Experiment” – presented by Visa and Bank of America.
ABC Good Morning America
December 5, 2012 – Christy Rakoczy, author of the popular Money Crashers article, “Reasons Why I Stopped Extreme Couponing” appears on the Good Morning America show to reveal the darker sides of “saving” at the grocery store. Find out why she decided to finally kick the habit.
September 25, 2012 – Andrew Schrage discusses how parents can be good role models for their kids when it comes to managing their finances.
For a more comprehensive list of media mentions and interviews, as well as booking information, see the Money Crashers press page.