Warren Buffett credits his personal and financial success to one decision: viewing money as a long-term game. But today’s average investor is so preoccupied with day-to-day fluctuations that they often forget this simple truth. Enter Ramit Sethi, who has made a career out of teaching people how to overcome their psychological barriers around money and achieve real wealth. In I Will Teach You To Be Rich, Second Edition, he provides readers with the steps they need to take control of their finances by showing them how small tweaks in behavior can lead to remarkable results over time. He covers everything from building an emergency fund no matter what your income level is; automating your savings for maximum efficiency; earning more money through negotiation tactics or starting a side hustle; getting smart about credit cards and student loans; making housing costs work for you rather than against you; deciding when—and whether—to splurge on luxury items like cars and watches (or vacations); investing ethically without sacrificing returns ; setting up wills, trusts, and other estate planning documents ; understanding taxes well enough both to dodge audits AND score major deductionsCome learn from the guy rated 4½ stars by nearly 10,000 Amazon reviewers–including Tim Ferriss (#1 New York Times best-selling author of The 4-Hour Work Week), Robert Kiyosaki (.
For who is this book for ?
This book is for anyone who wants to take control of their finances, Ramit Sethi says. He covers a range of topics from emergency funds and credit cards to investing and creating estate plans, making the advice applicable for people at all income levels.
Pros :
- Ramit Sethi is a very credible and successful personal finance expert, so you can trust the advice in this book.
- The strategies in I Will Teach You To Be Rich are easy to follow and don’t require any drastic life changes.
- This book offers detailed, step-by-step instructions for reaching various financial goals, from building an emergency fund to investing ethically.
Cons :
- The author spends too much time on generalities and not enough on specific tactics or examples.
- The tone is preachy and self-satisfied.
- There’s a lot of filler material in between the main points
Learn more about the author
Ramit Sethi is the author of I Will Teach You to Be Rich, and he has been featured in The New York Times, The Wall Street Journal, FORBES and CNBC. He’s also a regular contributor to TIME magazine. Ramit has lectured at Stanford Business School, Yale University and MIT. In this book, Ramit Sethi helps you achieve personal finance success with his tried-and-true methods for automating your finances; earning more money through negotiation tactics or starting a side hustle ; getting smart about credit cards , student loans and other debt ; making housing costs work for you rather than against you; understanding taxes well enough both dodge audits AND score major deductions come tax time . Drawing on case studies from real people who have undergone remarkable transformations after implementing Ramit’s advice–including an astonished 24 year old recent law graduate who triples her salary in 9 months working remotely!–I Will Teach You To Be Rich provides readers actionable steps they can take today to get control of their financial lives tomorrow.
Reader Reviews
“Ramit Sethi is a genius…I have never come across anyone who can teach personal finance better.”
“If you only read one book on personal finance this year, make it I Will Teach You to Be Rich.”
“I Will Teach You to be Rich”
“I Will Teach You to Be Rich, Second Edition”
