I Will Teach You To Be Rich by Ramit Sethi

I Will Teach You To Be Rich

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 entre...


Details I Will Teach You To Be Rich

TitleI Will Teach You To Be Rich
Author
Release DateMar 23rd, 2009
PublisherWorkman Publishing Company
LanguageEnglish
GenreEconomics, Finance, Nonfiction, Business, Personal Finance, Currency, Money, Self Help
Rating

Reviews I Will Teach You To Be Rich

  • Chad Warner
    2009-07-09
    This is definitely the best personal finance book I've read so far. It's a logical, step-by-step, practical handbook for financial success, specially written for twenty-somethings. It was better than the personal finance books I've read by Eric Tyson, Andrew Tobias, Dave Ramsey, Suze Orman, and Robert Kiyosaki. See my Finance shelf on Goodreads for my reviews of those books.Sethi gives advice on “automatically enabling yourself to save, invest,...
  • Jason
    2010-03-13
    I tried summarizing the main things to learn at:http://docs.google.com/View?id=dfp2hx...I've pasted the most important bits below, but for a lot more (hopefully useful) info, check out the linked doc.The Overall Gist: This book is about how to manage your money, particularly for young people (20's). It's about the 85% solution: most young people don't manage their money because they believe they have to be experts, but what actually matters is ge...
  • Dustin Taylor
    2010-06-03
    While I don’t agree with everything he said, I do agree with some of the things he talks about. I personally found the investment chapters worth reading as I didn’t know very much and he lined out what my options were and explained what they were in a clear and fun way. The entire thing about using a credit card for everything to get points and other “benefits” doesn’t quite work for me, but it may for him. I don’t know anybody who ha...
  • Alex Pyatetsky
    2013-03-10
    I've never wanted to give a book 2 stars so badly. As a warm blooded, heterosexual male - the obnoxiousness and irrelevance of Ramit's frequent fratboy asides is really grating. I'm sure he has some kind of "gotta break some eggs to make an omelette" rationale, but buyer beware. You're going to read some shit that sounds like Tucker Max, minus the funny.THAT SAID - I gave the book 4 stars.Why? If you don't have your finances in order, Ramit gives...
  • Jamie
    2012-03-23
    Ramit has some good points in this book. I liked his no-BS approach and I found his points about automating finances worthwhile, if it didn't exactly give me new information. I found the section about investing to provide helpful information about index funds, which I had wondered about. He is right on the money about saving up for weddings/homes too, which somehow people just expect to pull massive amounts of money together for, on a whim. Excel...
  • Jean-Luc
    2009-06-05
    In one chapter, this book briefly describes a girl that spends $5,000/year on shoes. Since it's a book on being rich, I figured she *must* be rich in order to waste that much money on shoes. But no, her annual income is about half mine. She's able to do this because she decided that "$5,000/year on shoes" was her own personal definition of "rich" and she oriented her life around that decision.That's all this book is: deciding for yourself what it...
  • Emily Whetstone
    2013-05-06
    Don't let my star rating mislead you. You should read this book. The advice is very good and clear. I just can't honestly say I loved it, because I found the author's examples of what it means to be rich (repeated references to being fed grapes, etc, by lovely younger women) to be off-putting. Also, the layout is terrible. The flow of chapters are continually interrupted by smaller stand-alone sections, which should have been better placed so you...
  • Derek McDow
    2017-03-28
    Deficient in style, form, prose, and depth (the nerdy dude-bro-esque humor falls flat and tends to sound either sexist or racist) but the dated content could still prove useful to young people who know next to nothing about getting their finances in working order. Perhaps the strongest aspect of this book is the actionability of the content--improving credit scores, setting up high-interest savings accounts, investing in 401K and ROTH IRAs, etc. ...
  • Jesse
    2014-01-04
    I'll keep this short and sweet: absolutely everyone should read this. High school kids should read this. My mom should read this. You should read this. It's the best book on personal finance I've ever read. Step by step instructions on exactly how to get your financial life in order. I read this years ago and it paved the way for me to eliminate my credit card debt and start investing. A must-read.
  • Sarah Kendosh
    2018-03-02
    A MUST read for young independent ppl!!!
  • Farwa
    2018-01-03
    This was a great book for me to think about my finances and saving habits. Through reading this book, I have learned about retirement accounts, long-term investing, and short-term savings goals. My system is now fairly automated so I don’t have to think about it too much, and I feel like I’m doing a lot more with my money than I was before reading this. Highly recommend for my friends in their 20s who have started earning a steady income, esp...
  • Anotherjesse
    2009-04-07
    The author is a co-founder of PBWiki. Having known David (other co-founder of PBWiki) since moving to the bay area, I decided it was worth taking a chance on this book.Overall it was disappointing. Most chapters had as much information as a good blog post. He spent too much time repeating himself and making stupid jokes. I give it 1 star on style. I wish Gini Trapini had written it. The actual content is good. Anyone who doesn't have a good finan...
  • Ling Chung
    2017-03-02
    For beginners, this personal finance book is a 5 star. It's up there with Rich Dad and Poor Dad. Ramit Sethi is hilarious. I love listening to his interviews generally. The light tone definitely came through in the book.Keep in mind this book is written for beginners. If you are somewhat diligent about your finance, you probably are already doing 90% of the things outlined in this book. So I wouldn't recommend reading this.As a Canadian not famil...
  • Eric
    2009-05-27
    This is a great personal finance book for people in their 20's. It teaches simple lessons on how to apply personal finance in the internet age. I love how relevant the book is to my life, and my finances. Moreover, it was comforting to find out that I had already implemented several of the author's suggestions. Great read.
  • Bri Altier
    2017-04-10
    If you can cringe through the misogyny and disdain for overweight people, there are actually some good pieces of financial advice for beginners.
  • Ada-Marie
    2018-08-19
    This was a $1.99 ebook rated over 4 stars, so I bought it. Although I quickly realized it was geared for those 15 years younger than I am (apparently it’s too late for me to get rich!), I loved it. It taught me so much about credit ratings and interest rates and insurance and car buying/leasing. And the title is more about living richly, not being a millionaire. 🙌🏻
  • Christian
    2018-01-01
    Actually read in 2017 but I didn't want too much non-fiction to count toward the GR challenge.Cheesy title, but it worked! I mean, it worked in getting me interested in managing my money, not in getting me filthy rich hahaha. I've never been a financial wreck, but I just didn't want to think about saving and investing. However I did feel a bit guilty and realized at some point that hey, I probably have enough brainz to be at least average, financ...
  • Bethany
    2018-03-10
    It's not that his advice is bad. His tone is just infuriating...
  • Chris Johnson
    2012-08-04
    I was curious about Ramit.I don't love everything about what he's doing, but I think he's a Challenger Sale kind of blogger. He knows what he knows, and he's mostly right.I've been following Dave Ramsey - and what I can say is this book beats the crap out of dave.The basic message behind Dave's stuff is this: you're stupid, spending is stupid, and you should feel guilty every time you spend a little money that's not perfectly planned. Oh, and you...
  • Brian
    2015-05-30
    "The single most important factor to getting rich is getting started, not being the smartest person in the room." Kindle location 169This should be required reading for everyone (especially young adults) who feels unsure about their financial direction. The author lets you define what rich is to you, maybe being out of debt brings a richness to your life and subtracts stress, and therefore you are satisfied, rich as he might say. Its not all abou...
  • Vinit Nayak
    2014-08-18
    Excellent for all twenty something idiots (especially those in tech who have disposable incomes) who don't know a lot about investing. This book isn't trying to be flashy and hot and show you how to get rich quick, it does the opposite and lists all the steps to make sound, long term financial investments. The writing style, jokes and metaphors of Ramit Sethi are complete garbage, but the content is solid. He also gives very doable action items f...
  • Marcel
    2015-05-13
    It's hard to take what this guy says seriously after reading the Millionaire Fastlane and living a lifestyle congruent with that book. My suggestion would be to read that first and then pass on this one rather than wasting your time. Go out there and create some value instead of rolling in the slowlane like Ramit suggests! I will teach you to be rich? More like, I will get rich from selling you this book while you stay poor making marginal gains ...
  • Kashif
    2015-02-18
    The first personal finance book I have read and the last I'm going to read for a while. That's because this book is chalk full of awesome, practical advice like the 50/10/10/30 rule of money management and saving to tangible goals. Comes very highly recommended to get you on your way to financial glory.
  • Alexandra
    2015-01-27
    Welp this took me nearly a year to read but it was WORTH IT. Ramit is swarmy AF but dude knows his shit about investing, cutting debt and planning for the future. All his advice is thoughtful, well explained and totally attainable no matter your situation. Highly recommended for young people looking for direction with regards to their personal finances.
  • Abinadi Ayerdis
    2015-11-10
    I only wish I could rate this book six stars. This book is everything I never knew I always wanted. Ramit's advice hit me like a dump truck to the face ... like an icicle in my brain ... like distilled truth smeared on my eyes. My life is now divided into two distinct times: impoverished ignorance and post-book richness. Read this book, my friends, and know its goodness.
  • Joy
    2011-02-05
    The financial advice is mostly sound, but the tone and attitude is pretty annoying: it's aimed toward adults with the emotional maturity of 13-year-olds and features lots of unfunny jokes about hot blondes. Do. Not. Want.
  • Tanya Tosheva
    2017-03-25
    I'll start by pointing out that the title of this book is misleading and I knew this going in. It's not a book about getting rich (at least not in the common definition of rich). It's a book about managing your own money in a smart way.It basically boils down to:1. Get rid of any dept.2. Optimize credit card usage. Some acquaintances are claiming this is not applicable for Bulgaria but I'm yet to speak with an actual financial expert about this o...
  • Paris Doran
    2017-10-23
    Firstly, I want to say that by the end of this book I thought Ramit was absolutely hilarious, and no doubt this book is spot on in appealing to the target market. It was no-nonsense, solid advice that will appeal to plenty of millennials like myself.BUT, the thing is that this is not the first personal finance book I've read and it didn't really tell me anything new. It was funny and easy to get through, I loved that it was broken down into actio...
  • Cameron
    2018-03-02
    I didn't realize this was a book specifically targeted to early 20-somethings and that it was such a basic primer on how to handle your money. His writing style and voice are pretty dang annoying and I found myself rolling my eyes more than a few times at his little asides that are supposed to be funny. But at its heart, lots of really solid advice and would be great for someone who doesn't know anything about personal finance.