Music Videos about Money from Kevin McKee, the Thousandaire
Published on - August 20th, 2011 (by J.D. Roth) It’s been a l-o-n-g time since I shared fun finance videos on a Saturday morning. And I’m way behind on highlighting some of my favorite videos from this year’s Get Rich Slowly video contest. Today I’m going to kill two birds with one stone.
Back in May, Kevin McKee won the “personal finance tips” category of our video contest with this video, in which he raps about how to save money on cable television:
Digging around Kevin’s website, I learned that he’s begun to make a series of music videos about money. I’m actually quite impressed with his “Haven’t Made a Budget“. I like this song (and video) a lot:
One of the things I admire about what Kevin is how he’s willing to put himself out there. Well, that and he’s genuinely funny. Here’s a third music video from him: “For When I Retire” (a parody of “Just the Way You Are” by Bruno Mars)
You can find other (non-musical) videos from Kevin on his YouTube channel. (He tells me he has more music videos in the works.)
Thousandaire
When he’s not making funny videos or commenting here at Get Rich Slowly, Kevin keeps his own blog called Thousandaire. I e-mailed Kevin recently and told him I wanted to feature his site at GRS. “I don’t usually promote other financial blogs like this,” I wrote, “but I think it’d be good to highlight some of my colleagues who are doing fun and interesting work.”
I asked Kevin to create a pitch to tell us about his site. Here’s what he wrote:
The internet is full of great financial information. The problem is that most young people, who desperately need financial information, aren’t looking for it. Instead they’re watching videos on Youtube and reading about their favorite athletes and entertainers.
“If only there was a place,” I thought, “where people could watch videos and be entertained while also learning about personal finance.” I looked for that place and didn’t find it, so I decided to create it.
I started Thousandaire about a year ago with the idea that I could connect with young people. To make personal finance accessible, I’ve created personal finance music videos and tailored my blog posts to make sure they are interesting to young adults. My goal is to bridge the gap between entertainment and financial education so I can help young people create good financial habits. I hope this will enable them to spend their twenties building a positive net worth instead of burying themselves under a massive amount of debt!
Kevin’s blog posts range from from the playful (Work out or pay for dinner) to the practical (How to interview when you lack experience), and he’s often more overtly political than we are around here. I don’t agree with him on everything, but then nobody agrees with me on everything either. Right? (Check out Kevin’s about page at Thousandaire to learn more about him and his philosophy.)
Here’s the thing, though: Kevin’s blog is entertaining. At times, it’s hilarious. I can forgive a few philosophical differences for a guy who makes me smile (or even laugh!) when writing about personal finance.
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Haha, this stuff is great! I wish I were able to sing well or have some sort of musical abilities because I would love to put together something like this.
The other day, I wrote a version of Bon Jovi’s Wanted Dead or Alive, but made it Debt or Alive.
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I’ve had Kevin’s website bookmarked for a while now. Hopefully this will help him get the visitors he deserves.
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Oh, my. You’re not kidding about the philosophical differences. It makes it unreadable, for me. I’m not particularly interested in reading a finance blog where I might be suddenly bombed with a post that basically boils down to an attack on reproductive rights framed as a smart economic analysis.
(As a note, I think Kevin’s post about the free birth control legislation was fairly respectfully framed, but I also suspect that part of the reason he felt it warranted a post was because of philosophical, not economic, disagreement.)
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I agree Becka – I found his blog entertaining for a while but eventually the philosophical differences made me uncomfortable and I dropped his blog from my personal finance list.
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This is exactly what I was gonna post.
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Ditto!
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I agree. I first saw some of his videos and thought I’d really like the site… but after only about a week of reading, I couldn’t take anymore. Not only is his overtly political style a turn-off, but he seems to care more about making money off his site than producing quality content. In other words, I think he posts controversial articles just to drum up hits; I find that cynical manipulation to be loathsome.
Also, he recently started doing “sponsored” posts… which is basically a company paying him to put whatever article they want on his website (not ads, which I could overlook–actual site content). His judgment on this was terrible: one of the first sponsored posts was extolling the virtues of payday loans!
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I hate to reply to myself, but I did want to say that in all fairness, the guy is clearly talented. The videos are very entertaining and provide a good message, and some of his site content is really good too. This is why it frustrates me: I feel he is wasting great potential.
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And you make a great second point. I fully and completely agree that I had a serious lapse of judgement on payday loans. Actually, it was my own ignorance. I’ve never needed one, so I didn’t know much about them. After some of the feedback from that post, I did some research and found out how predatory they are, and will no longer accept payday loan advertisers.
I definitely make mistakes, and that was a huge one.
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I post a lot about economic philosophy (aka politics) for two reasons. First, I don’t believe you can divorce personal finance from politics. Every dollar you pay in taxes is a dollar that could be used to pay down debt or invest in your retirement. It is very important to me that I make my voice heard on how much I think I should be taxed, and how my tax dollars are spent.
Secondly, I am passionate about it. There are times when I feel like I’m ignoring strictly personal finance articles, but when I try to force myself to write one, I find it boring. I write what I’m passionate about because I think passion is one of the best ways to make personal finance interesting.
Again, I know my site is not for everyone, but I hope you enjoy at least some of it!
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I’ve certainly got to commend you on your reasoned response to what was, in part, kind of an assault on your beliefs.
Anyway, I actually really disagree that you can’t divorce the two. For one because, as I think you may have seen here, you can really alienate some of your potential readers by intermingling them so heavily. I did see a few posts on your site that I really enjoyed, but for the reasons I mentioned above, I won’t visit regularly. Second, when you write about how much you should be taxed, and where those tax dollars are going, you’re talking hypotheticals, what might be if only enough voters agree with you. I think a more successful personal finance blog is going to deal in concrete changes that can be made by the individual. I’ll hardly say I think you shouldn’t write about politics and macroeconomics, but I will say that I think your blog will be more focused and successful if you branch off and keep them separate them from your personal finance writing.
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You are definitely correct. Someone looking to address their personal finance situation is going to appreciate concrete advice on what steps to take. I do have posts that address those topics as well.
But another reason I write about things like economics is to help people understand money in the world around them. A basic understanding of economics and government fiscal policy can go a long way in helping people invest in the right stocks or industries, have an idea of how a downgrade of US debt by the S&P will affect them personally, or come up with an estimate of how much their health insurance costs might increase next year.
While economic posts are not as directly applicable to helping with personal finance, there is definitely (in my opinion) relevancy to budgeting and investing. I don’t want to get so caught up in the details (how to type articles) that I ignore the grand scheme (the US economy).
Again, it sounds like that’s not your cup of tea, which I can definitely respect. I just hope you stop by every now and then, at least to check out the music videos.
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Thanks for pointing out that post about birth control, Becka. It makes my decision easy to never read that blog again!
He thinks that premiums will increase from $200 to $300 per month because of free birth control? Insanity. And really, *really* bad information.
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I’m sorry you feel I give bad information. I will admit the $200 to $300 was a wild guess, and probably high. (I don’t buy birth control so I have no idea what it costs, but I can do some research).
I think you’ll find that while we may not always agree, I do my best to keep an open mind and admit when I’m wrong. I actually love to be proven wrong because it helps me grow as a person and allows me to learn something I didn’t know before.
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You do realize that babies are FAR costlier than birth control pills, I hope.
I definitely won’t be visiting your blog after the initial visit. To be truthful, the politics turn me off, but the real clincher is that I don’t see that much in the way of personal finance advice.
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I loved the videos! Thanks for posting, J.D.! Another blog added to my reading list.
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Some of Kevin’s posts are insightful, and he is certainly a good writer, but the political bent at that website is very strong–three out of the first four posts up right now are very overtly political. And I agree with one of them wholeheartedly and another to a certain extent, so it’s not like I’m complaining about it because I disagree with his opinion, but I generally prefer my personal finance without a side dish of supported-only-by-awkward-analogy political opinion.
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One of the things that impresses me so much about JDs site is that he puts out so much content without being political. There are only so many strictly personal finance topics, and sometimes I feel like I’ve covered them all, yet JD has been doing this for years and is still going strong!
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I hope to keep making personal finance videos and entertaining people with my writing in the future. Thanks again JD, and thank you to everyone who has checked out my site.
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Funny, just yesterday I was scouring the GRS site for the funny guy who made the video about saving on cable. This time while I watched, I took notes
And I didn’t neglect to add his site to my favorites this time!
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Thanks Angie! I’m glad you liked the video, and I hope you got an HTPC set up and running in your house!
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Kevin is my fellow Yakezie, proud of you Kevin!
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Thanks SB! You have a great site as well. Maybe JD will review yours someday too!
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I thought the video was HILARIOUS!!!And, it got the point across.
Thanks for posting this!
I’ll be watching this site for more of Kevin!
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Thanks Michele! I’ll keep the funny videos coming!
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Wow. I am a little shocked to see this site featured on GRS.
First, the videos are cute.
I think they introduce topics to beginners in a creative way.
But back to the payday loans.
Those sam beginners are reading that payday loans are the answer.
I realize it’s a guest post, but come on!
How can you trust this guy as an authority on money management after that.
I would get that article off my site, ASAP.
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Mike, you make an excellent point. Again it was completely my fault for not doing my research before I allowed the post. The article is no longer on my site and I have paid the advertiser back. I know I’ve lost some people’s trust because I didn’t do my research, and I will just have to do the best I can to make up for it in other ways.
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You should have left it up.
Do any of these “bloggers shall not do this, this & that” commenters write complaint letters to the tv networks when they dare put a commercial in their favorite show?
Somebody has to pay the bills – if you want to read free content, be prepared to see ads in various shapes and forms.
Love the videos!
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I loved the HTPC rap video, which prompted me to check out Kevin’s blog back when the contest winners were announced. He certainly has some interesting and thought-provoking content in addition to his excellent videos. I’m not a fan of the sponsored posts, but at least he clearly states when a post is sponsored.
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Thanks Sara! I’m glad you find some of the content thought provoking!
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When advising people to look online for financial advice, remind them to ask questions. For example, who wrote the article/made the video? What are his/her credentials? Why should I believe this advice? And good for Kevin for citing when a post is sponsored.
I know some younger consumers who don’t know the difference between information from blogs that are purely opinion based and blogs/articles that contain actual information. And people in general tend to not investigate enough before they believe the information they read. Question, question, question, and get informatiom from more than one source before you decide what course of action to take. Knowledge is power.
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That’s a great point. There is a tendency to believe something just because you read it on a site that looks legitimate. All the GRS readers are giving me some great insight into how websites are viewed and perceived, and I hope to make my site better by considering many of these opinions.
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The video “For When I Retire” cracked me the hell up. Seriously. I have a hug case of the giggles now and will never look at my piggy bank the same way.
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I still have both of those piggy banks, although one of them isn’t in very good shape.
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Long time reader, first time commenter.
No doubt Kevin has something to contribute to the personal finance world and is clearly talented. However I think your general rule of thumb about not usually promoting other blogs like this is not necessarily something you should abondon in this case.
His analysis of including birth control in the guidelines for preventative health care (so it would be availble with no co-pays, like colonoscopies are for example) is flawed and inaccurate.
I’ll quote thebaselinescenario.com for my larger point to be cautious:
I think that basic economics, the way it is taught today, tends to give people reflexive pro-free market, anti-government positions — positions that are not held by people with a deeper exposure to economic thinking. When your understanding of government finances is based on reading the newspaper, it’s somewhat eye-opening to come to college and learn that free markets lead to maximum societal welfare and taxes impose a deadweight loss on society — the pictures are so simple and compelling. That’s why a little bit of economics makes you more likely to be a Republican.
But when you learn more about principal-agent problems, information asymmetries, and so on, you learn that those simple pictures are simplistic to the point of being misleading. That’s why Joseph Stiglitz argues in Freefall that understanding economics is crucial to understanding why free markets often lead to suboptimal outcomes. The problem isn’t knowledge per se; it’s a little bit of knowledge.
Full post (worth reading) here:
http://baselinescenario.com/2010/06/08/the-perils-of-studying-economics/
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I don’t want to start an argument on JD’s site, but I think it is very rude for you to presume I must be uneducated or undereducated just because I believe in the Austrian school of economics. I’m fully aware of the Keynesian school of thought. I understand it and why people agree with it. I also disagree with it.
To disagree with someone is one thing, but to make assumptions about them and what they have or haven’t read and researched is quite another.
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I’m making assumptions about your inadequate research methods because your ignorant post about providing birth control with no cost sharing showed shoddy critical thinking.
You fully admitted to being completely unfamiliar with the product, to doing no research before writing your post and you posted incorrect information with figures pulled out of thin air.
(Additionally you changed the dollar figures in your original post without making a correction note that you were editing your post to correct a mistake- which is poor form.)
Sorry you found it rude, doesn’t mean it isn’t true.
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The amount of a price increase is irrelevant in the argument “free birth control isn’t free”. An increase in premiums, whether $1 a month or $1,000 a month, fulfills my hypothesis.
I guess we’ll just have to agree to disagree. Thanks for checking out my site.
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Kevin you always do great job…. Thanks for this post and hope for the same next time. Good Luck:-)
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