I Will Teach You To Be Rich
This book can be downloaded and read in iBooks on your Mac or iOS device.
At last, for a generation that's materially ambitious yet financially clueless comes I Will Teach You To Be Rich, Ramit Sethi's 6-week personal finance program for 20-to-35-year-olds. A completely practical approach delivered with a nonjudgmental style that makes readers want to do what Sethi says, it is based around the four pillars of personal finance--banking, saving, budgeting, and investing--and the wealth-building ideas of personal entrepreneurship.
Sethi covers how to save time by not wasting it managing money; the guns and cars myth of credit cards; how to negotiate like an Indian--the conversation begins with "no"; why "Budgeting Doesn't Have to Suck!"; how to get things rolling--for real--with only $20; what most people don't understand about taxes; how to get a CEO to take you out to lunch; how to avoid the Super Mario Brothers trap by making your savings work harder than you do; the difference between cheap and frugal; the hidden relationship between money and food. Not to mention his first key lesson: Getting started is more important than being the smartest person in the room. Integrated with his website, where readers can use interactive charts, follow up on the latest information, and join the community, it is a hip blueprint to building wealth and financial security.
Every month, 175,000 unique visitors come to Ramit Sethi's website, Iwillteachyoutoberich.com, to discover the path to financial freedom. They praise him thoughtfully ("Your site summarizes everything I want with my life--to be rich in finances, rich in experience, rich in family blessings," Dan Esparza) and effusively ("Dude, you rock. I love this site!" Richard Wu). The press has caught on, too: "Ramit Sethi is a rising star in the world of personal finance writing . . . one singularly attuned to the sensibilities of his generation. his style is part frat boy and part silicon Valley geek, with a little bit of San Francisco hipster thrown in" (San Francisco Chronicle). His writing is smart, his voice is full of attitude, and his ideas are uncommonly sound and refreshingly hype-free.
A clear plan of action!
I was always disappointed that no one taught me how to handle money and credit growing up. For me, this book was a remedial money management course that covered the basic why-and-wherefores of credit and saving. The methodologies outlined in the book might not be for everyone, but if you're genuinely interested in figuring out your finances and want to know if you've got your bases covered, this book is great.
Great advier for twentysomethings
Really nice book, if only the iBookstore version where better framed for the iBooks app, I would have rated it 5 stars!
Still, I strongly recommend this book!
Entertaining and informative
Financial books in the past have bored me so much that I quit reading halfway through. "I Will Teach You to be Rich" offers a funny, sarcastic style that kept me entertained throughout the whole book. On top of that, I now have a financial plan for my future!
If you are a young professional with a descent job, I recommend committing yourself to Ramit's (the author) plan. You will create an automated investing/saving strategy that will not allow you to stray off track.
Just remember, even the most finely tuned financial plan is meaningless if you are carrying credit card debt!