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I LOVE Ramit Sethi. His style is irreverent and occasionally obnoxious but hysterically funny and deeply influential. Ramit's emphasis on behavior and his back ground in psychology is what sets this book apart from the average personal finance book. I was convinced that this was one of the best books out there by the 4th chapter but the last chapter "A Rich Life" blew my mind. More than just money management strategies this chapter dealt with the real value of money, what it takes for you to feel rich, how to handle money issues in relationship, and negotiation strategies for anything from buying a car to getting a raise. I would recommend buying the text version as well if you like what you hear but you can get the bulk of the message with the audio version.
28 of 28 people found this review helpful
If you could sum up I Will Teach You to Be Rich in three words, what would they be?
I got this book on a whim (even though the title made it seem kind of dumb) and I'm glad I did. It's the first book I'd ever read on personal finance and Ramit's good advice and fun approach motivated me to make some serious financial changes. Now I'm tracking my finances, I started high-interest online checkings and savings accounts, I got a credit card, and I'm going to be opening a Roth IRA. I didn't agree completely with everything he said (I kind of balked at his advice about salary negotiation and I ended up picking a different bank for my savings account than the one he recommended), but his personal finance strategies are great and it was fun to listen to him.
21 of 21 people found this review helpful
This was a well structured, well thought-out and very simple guide to sorting out personal finances. It is a common sense approach that isn't all that common!
I am British so for British listeners: a "401k" is effectively a pension or SIPP, and a "Roth IRA" is an ISA. Just remember this as they are both mentioned frequently throughout. - if you don't know what they are then google them first.
5 of 5 people found this review helpful
great book if you're American. Very geared to US system. not so great from UK.
3 of 3 people found this review helpful
Some very good advice which can be used in Australia but alot is USA specific. That being said, still has smart, simple tips. He's a bit crazy too
6 of 6 people found this review helpful
Super useful way of learning to be smart about your finances. But needs an Aussie version
1 of 1 people found this review helpful