RSS
Home
Personal finance book review: I Will Teach You to Be Rich by Ramit Sethi
Print
Email
RSS
Subscribe
.jpg)
Blogger turns author in this helpful book
Despite its boisterous cover, this book won’t make you rich, but it will teach you some personal finance tips that will save you many times cover price. There are many personal finance books out there, but few written with as many practical ideas as blogger-turned-author Ramit Sethi includes. With just the tips from Chapter One: Optimize Your Credit Cards, this book is worth picking up.
Ramit succeeds where other fail by taking a pragmatic approach to money. He knows people are often too lazy or undisciplined to change their habits, so he puts forth reasonable plans and takes a lot of leg work out of saving for you. For example, he recommends specific credit cards and bank accounts, then talks you through a process of automation that could save you big bucks over the long haul.
Although I don’t agree with all of Sethi’s suggestions, such as using a card with airline miles (for most people, I believe cash is king) or life-cycle funds, I do think he has a great philosophy towards life and money. So although you may not want to use the specific card, bank, or mutual funds he recommends, you certainly want to listen to what he has to say on the subject of personal finance and I would say how to live a “rich” life in general, using the broadest sense of the word.
This book is more than just a few money saving tips, and for a rather thin paper-back, it covers a formidable amount of topics. Everything from refunding over-drafts, negotiating for a new car or even your salary is in here. For anyone who wants to know more about personal finance, I Will Teach You To Be Rich is a great start.
Related Articles:
Comments
.jpg)
