I Will Teach You To Be Rich

Product Details

Product Reviews

(5 stars) - *Intelligent*, but still easy money management
I've been reading Ramit Sethi's blog for a while, but never really implemented any of his solutions. This book inspired me. It details everything you need to know to free yourself from the burden of worrying about money.

It covers:
* Conscious Spending - You'll never hear him tell you "Don't buy that! Stop buying lattes! Stop wasting your money on frivolous things!". What Ramit says is: Figure out what you enjoy in life. Then set up your budget so that you're spending money on that, and not on impulse buys. If you wanna spend $700 a week on going out -- Here's how to do it intelligently, and guilt-free.
* Easy budgets - Use the internet, and automatic transfers, in order to NOT think about your money. You spend a few hours over a couple months to get everything setup, then spend literally a couple minutes every few months to just check on things.
* Investing basics - Any comprehensive budget needs to plan for the long-term. This book explains exactly what you need to know, then gives you the option of going more in-depth.
* Haggling - Scripts to get yourself out of bank fees, ask for a payraise, etc.

Overall, I feel like every late teen - early twenty-something...heck, even into late 20s, should read this. I'm about to start loaning it out to my friends. It's the perfect book young people if you want to be smart about your money.

(5 stars) - Best perspective on personal finance
I bought this book right after I graduate college (May 2009) as a sort of personal finance crash course before I started my first "real" job. I had read other finance books before and although they contained good information, I found them incredibly boring. Ramit writes this book and sifts through all of the normal BS and mumbo-jumbo and does a great job of getting the message across. Although the book is aimed at a younger audience, i.e, myself, anyone can improve their financial situation by applying his techniques.

The chapters on negotiating with credit card companies and banks are especially good. After reading the book, I discovered his blog ([...]) which has also provided me with a wealth of financial information.

Overall, it was about as good as it gets for a finance book and I highly recommend to anyone wishing to improve/simplify their personal finances.

(5 stars) - The first personal finance book anyone should buy
I love this book. It is so practical. It is step-by-step, realistic, plain English financial guidance for our generation. I am a 20-something who is fairly responsible with her money, but my parents didn't teach me about personal finance, how to contribute to 401(k), creating a savings plan, etc. This book is a huge bang for your buck. And the guidance is so easy to implement because it takes you through action one step at a time. Plus, in addition to being so useful, it is entertaining - Ramit is hilarious!

(5 stars) - The personal finance book I wish I had when I was 18
This is the personal finance book I wish I had when I was 18. I would highly recommend this book to any young person with an interest in personal finance. Straight-forward, to-the-point, witty and actionable.

(5 stars) - Perfect for Recent College Graduates (with Jobs)
I'll admit that many of the tips this book presented, I was already doing: Saving +10% of my income, pay yourself first, and low cost investments. The book is sarcastic and funny (the chapter on weddings is hilarious) and excellent advice. It was motivating to see clear cut benefits and rationalizations for the automated budgets and how you can still have fun with your money. For those 35+ with 10,000 or more in credit card debit, a mortgage, kids, and no retirement savings, this book won't help you, and Dave Ramsey won't save you either. You're probably screwed.

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