Click for larger image and other viewsI Will Teach You To Be Rich [Paperback]
Personal Review From Customer (Unbiased)
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Personal Review From Customer (Unbiased)
135 of one hundred forty five folks found the subsequent review useful.
Not your parents' cash management book
By Susan Roberts
First, here's what this book is not: it isn't your parents' cash management and investing book, though as a parent I want I had wiped out my twenties what Ramit Sethi tells the twenty-somethings they must be doing at once.
Ramit starts with the premise that almost all folks are thus overwhelmed by the sheer quantity of monetary info offered that they simply stop working and do nothing. thus Ramit tells you precisely what to try and do along with your cash and why. wish to grasp whether or not it's smarter to pay additional on your student loans or place that cash into your 401(k) instead? Ramit can tell you. wish to grasp some specific money corporations that provide the low-cost index funds you must invest in through your Roth IRA? Ramit can tell you. does one not even recognize what the heck an index fund is? Ramit can tell you!
Ramit conjointly tells the reality concerning brown bagging your lunch and curbing your latte habit; and therefore the truth is that these actions on their own are nearly pointless. Instead, you must track the massive wins, like obtaining the bottom interest rate and therefore the best value on your next automotive as a result of you have got impeccable credit and negotiated "like an Indian" (negotiation scripts included).
Ramit maps out precisely a way to get from where you're currently to where you would like to be financially, together with a way to produce a private cash management system that practically manages itself. Ramit's system starts with a no-fee checking account and an internet high-interest savings account. (He even tells you which of them on-line bank he uses.) He then walks you thru putting in automatic bill payments and frequently scheduled transfers to your investment accounts. Throughout, he includes easy-to-understand charts, in addition as short items by different personal finance bloggers.
I want I might quote a number of the passages that I found particularly helpful or entertaining--Ramit writes with an appealing, if oddball, humor--but I actually have already mailed my copy of the book to my 24-year-old son, who referred to as me last night to inform me it never would've occurred to him to raise his bank to waive an overdraft fee. (That gem is in chapter two, I think.)
Thank you, Ramit! I hope this enthusiastic review by an "old person" won't stop the kids from shopping for your book!
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I Will Teach You To Be Rich [Paperback]
Product Details Amazon Sales Rank: #2133 in Books Published on: 2009-03-23 Released on: 2009-03-23 Original language: English Number of items: 1 Dimensions: .59" h x 6.02" w x 9.04" l, .83 pounds Binding: Paperback 266 pages
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