I Will Teach You to Be Rich

by Ramit Sethi

Book Overview

A 10th anniversary edition of Ramit Sethi's groundbreaking and bestselling personal finance plan for young adults. Sethi's practical approach is delivered in an irreverent, funny, no-B.S. style that... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 0761147489
• ISBN13: 9780761147480
• Release Date: March 2009
• Publisher: Workman Publishing
• Length: 266 Pages
• Weight: 0.87 lbs.
• Dimensions: 0.6" x 6.0" x 9.0"

Customer Reviews

Over all good book

If you read the back of this book you'll get the sum of the book. I will teach you to be rich falls under the type of book that takes you from debit management all the way to planning for retirement. This book has a few good nuggets of information anything beyond that he offers some online courses on his website.

Relevant Advice for Today

This is the perfect book for twenty somethings up to thirties/early forties adults looking for financial advice for Today’s world. I’ve studied Dave Ramsey, Suze Orman, & Robert Kiyosaki’s books, and they have great advice, but I don’t feel that it’s tech friendly or relevant to use with the tools that the internet brought us. We live in a different time, and we need updated advice. I listened to this book on audible twice then purchased a physical copy from here. It’s that good. Buy it.

This book is FREE - if you let it.

Q: Can you learn the things that Ramit talks about in other books or even on-line? A: YES Q: If you are already a money genius will this book help you? A: MAYBE Q: Is this the only book you will ever need to become wealthier beyond your wildest dreams? A: NO I'm writing this review mostly because of my frustrations with the *very few* low one star ratings on this book, I hate it when people in their one star reviews admit that the product they are reviewing is actually not that bad. Anyway, many of the things that Ramit teaches/outlines in this book are common sense things that all of us should be doing, but either forget or never motivate ourselves to do. The thing I like about this book is that it does not just talk about theory, but actually outlines action items and next steps. Goals without deadlines are just pipe dreams, this will inspire you to action. Within a few moments of picking this book up I started to save money, not because the book is magic, but because it made me take action and stop and look at my finances. Even if you can only get one idea from this book that will save you more than $10-15 how can you rate it lower than 5 stars? The book is FREE to you! Is the name misleading? MAYBE - but you have to admit, it is good marketing, it makes you take a second look. This is what ALL marketers do from the toothpaste and shampoo lane in you local super-mart to the car lots you pass on your way to work everyday. Q: Is this book for everyone? A: NO - and I think Ramit would be the first one to admit that. If you are looking for a get rich quick scheme, go somewhere else. If you are looking at getting off your lazy butt and doing something to change your current circumstances, BUY THIS BOOK! Worst case scenario is that you can pass it on to a friend who needs it, and they will love you because THEY saved more than $10-15 bucks. I like the way it is written (it does target a younger audience, but does not leave everyone out). Ramit has a sense of humor and did, at a very young age, what many people only dream about doing - he published his own book! Way to go man! I salute you!

This book pays for itself hundreds of times over!

I loved this book. I pre-ordered it and read it in one weekend. It's an easy read, with humorous and helpful tone. I was a bit doubtful when I first got it, because I thought I had already heard the best tips and gotten all the advice I could get on personal finance. However, I was pleasantly surprised by all the new things I picked up while reading this book. Much of what is helpful in this book, in my opinion, is the way the author addresses the psychological barriers we have or put up that block us from reaching our financial goals. I can honestly say that I now know much much more about personal finance than my friends do. Here is my personal experience so far with implementing some of Ramit's recommended strategies. I am 25 years old and here are my results. I have: - Saved $630 in credit card interest - Saved $450 in gym membership fees - Saved $133 on filing taxes - Got back $375 for a weekend travel/ retreat when I told the company I reserved it through that I was laid off from work after booking the trip and decided it would be better to save the money instead. - Saved $40 on a prescription medication - Saved $7445 in my online savings account. Switched to an online savings account with higher interest, which over the course of 1 year will save me about an extra $122.58. - Paid off $11,000 in credit card debt, leaving a balance of $0. ***THIS ONE MAKES ME VERY HAPPY :) - Paid off a $3,300 loan from my parents. - Have invested $1,400 in a 401(k), which I have now rolled over into an IRA account. - Donated $160 to charitable causes. I know this book has helped me tremendously and it's just the start. This book is excellent and well worth it.