Ramit Sethi doesn’t need my help. His new book, I Will Teach You To Be Rich, hit #1 on Amazon when it launched last week. But, because I’ve known Ramit for years and witnessed how much he sweat blood and tears over this terrific little volume, I’ll throw my two cents into the burgeoning pot.
The best thing about I Will Teach You to Be Rich, which is based on Ramit’s popular blog of the same name, is its target niche. Finally, here is a book that talks about the personal finance needs of the 20-35 year-olds who are broke now and will be in scalding water when they’re ready for retirement and Social Security is a thing of the past.
The book presents a six week program focused around the basic pillars of personal finance – banking, saving, budgeting, and investing. Ramit emphasizes the importance of getting started now, when you realize that you should manage your money, but aren’t sure how to navigate a bleak and confusing world. It won't tell you not to spend money on lattes but instead focuses on spending extravagantly on the things you love and cutting costs mercilessly on the things you don't.
use of self-deprecating humor (gotta love those Indian jokes) while delivering
practical, step-by-step advice makes the book an easy page-turner. The San Francisco Chronicle had it right when
it said that Ramit’s style is intriguing – part frat boy and part Silicon
Valley geek, with a little bit of