Name: Philip Rosenbaum's review of I Will Teach You to Be Rich, Second Edition by Ramit Sethi
Item: I Will Teach You to Be Rich, Second Edition
Rating: 5
Author: Philip Rosenbaum

Ramit Sethi

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 of all, spend guilt-free on the things you love. Personal finance expert Ramit Sethi has been called a “wealth wizard” by Forbes and the “new guru on the block” by Fortune. Now he’s updated and expanded his modern money classic for a new age, delivering a simple, powerful, no-BS 6-week program that just works. I Will Teach You to Be Rich will show you: • How to crush your debt and student loans faster than you thought possible • How to set up no-fee, high-interest bank accounts that won’t gouge you for every penny • How Ramit automates his finances so his money goes exactly where he wants it to—and how you can do it too • How to talk your way out of late fees (with word-for-word scripts) • How to save hundreds or even thousands per month (and still buy what you love) • A set-it-and-forget-it investment strategy that’s dead simple and beats financial advisors at their own game • How to handle buying a car or a house, paying for a wedding, having kids, and other big expenses—stress free • The exact words to use to negotiate a big raise at work Plus, this 10th anniversary edition features over 80 new pages, including: • New tools • New insights on money and psychology • Amazing stories of how previous readers used the book to create their rich lives Master your money—and then get on with your life.

No Guilt. No Excuses. No BS. Just a 6-Week Program That Works

I Will Teach You to Be Rich, Second Edition

Kyler Phillips

Practical, insightful, and relevant. I’ve improved my relationship with the help of this book. 

Philip Rosenbaum

It is one of the most informative books you can find, and it is one you wish you had read before adulthood. Solid content. It's a must-read.

Ivan Santos

Colton Ray

Highly useful and helpful. Clickbaity title and snarky tone, but actual critical information. Wish I read this about ten years ago.

Julia

A lot of the advice in this book isn’t applicable to me atm but I learned So Much that I’ll be able to use in the future so overall this was useful read.

Danica Holdaway

Seriously don’t even bother with other personal finance books. This is the one. Simple, straightforward, snarky, and realistic finance for millennials. Audiobook is awesome read by him!

Ivaylo Durmonski

Even though the author is constantly repeating that you should buy as many lattes as you want, that financial independence is not about cutting back on lattes, that he is better than the other self-proclaimed online gurus talking about money, most readers should do exactly the opposite – cut back on the fucking lattes.

I mean, the tips mentioned in the book are nothing new: Cut your costs; Start saving now; Automate your money; Invest… Unfortunately, a great deal of the people reading don’t have enough money to buy stocks or bonds. At least not enough for the investment to be meaningful or profitable enough to lead to financial independence – a state where your investments are earning you enough money to sustain your living. If you’re hardly making the ends meet, you should definitely cut back on the lattes, and not only. You should probably cut back on half of your purchases.

In short, you should be mindful about your finances – that’s my main takeaway from the book. Talk about money with your spouse. Start saving now and pay off your debt as soon as possible. Along with that, you should also consider one of the following two options: 1) start your own business; 2) earn more money by negotiating your salary or learning new skills to get a better job.

Full summary: https://durmonski.com/book-summaries/...

Kevin S Perrine

Solid info. Tone sounds like a frat boy sometimes.

Wojciech Waśniewski

Would be 4 or maybe even 5 stars if I lived in the US - the content and tips in the book, although a lot of them applicable anywhere, are written with an American reader in mind.

Kyler Phillips &
I Will Teach You to Be Rich, Second Edition by Ramit Sethi

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Kyler Phillips &I Will Teach You to Be Rich, Second Edition by Ramit Sethi

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Kyler Phillips &
I Will Teach You to Be Rich, Second Edition by Ramit Sethi