I Will Teach You to Be Rich

By Ramit Sethi,

Book cover of I Will Teach You to Be Rich

Book description

The groundbreaking NEW YORK TIMES and WALL STREET JOURNAL BESTSELLER that taught a generation how to earn more, save more, and live a rich life—now in a revised 2nd edition.
 
Buy as many lattes as you want. Choose the right accounts and investments so your money grows for you—automatically. Best…

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Why read it?

6 authors picked I Will Teach You to Be Rich as one of their favorite books. Why do they recommend it?

I know it might sound odd to hear a personal finance book will help you up your game in sports, but money stress can be a huge drain on anyone’s psyche.

This is another book I think about daily because it dramatically shifted my mindset about money. While it might seem to speak to a reader who’s just getting their career started, both I and my 79-year-old mother have learned a ton from reading this book and taking Sethi’s advice to spend extravagantly on the things we love while cutting ruthlessly on things we don’t need.

I love that this…

I stumbled upon Ramit's work years ago when I started trying to get my financial life together.

At the time, I was checking out armfuls and armfuls of books from the library, but they felt so grossly out of touch with my current financial reality. I wanted practical advice, and in Ramit's book, I found it.

I Will Teach You To Be Rich walks readers through how to focus more on big financial matters, like automating savings and retirement contributions in low-cost index funds, instead of focusing on $5 and $10 purchases.

His philosophy is that everyone's version of a…

From Lindsay's list on personal finance by people of color.

I have been on Ramit’s “The Rich Life” newsletter list for many years now and as an author I find his insights to be authentic and genuine for couples and individuals alike.

The book has now sold over 1 million copies. I like his practical, no-nonsense approach to personal finance. My favorite thing about this book is the author’s emphasis on automation.

Ramit teaches that automating your financial goals, including saving and investing goals, is key to actually accomplishing those goals. His experience as a child of immigrants adds to this book’s authentic insight.

His latest documentary on Netflix How…

From Keisha's list on building a wealth mindset.

This book provides a crash course in just about every aspect of managing money, from budgeting to paying off debt to investing.

If you want to be able to stay invested long enough for compound interest to work its magic your personal finances have to be in order. This book covers all the basics to help you manage your money. 

I bought this for all 6 kids for Christmas!

It has such a practical and easy-to-digest approach to managing your finances. His book is perfect for any beginner who wants to live a financially stress-free life, no matter how much or how little you make.

And unlike books I get into a few chapters and never finish, the layout is easy to read, with call-out boxes and reference guides in every chapter that make it easy to follow. It makes your financial journey less intimidating, and makes it accessible to the everyday person. 

From Tessa's list on curating a well rounded life.

There’s a reason that this book is a New York Times Bestseller. I have recommended this book to family and friends for its practical, no-nonsense approach to personal finance. My favorite thing about this book is the author’s emphasis on automation. The author teaches that automating your financial goals, including saving and investing goals, is key to actually accomplishing those goals. The author’s humor and experience as the child of immigrants adds to this book’s authentic insight. 

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