I Will Teach You To Be Rich
by Ramit Sethi
Description:
I Will Teach You To Be Rich, Ramit Sethi's 6-week personal finance program for 20-to-35-year-olds is based around the four pillars of personal finance--banking, saving, budgeting, and investing.
My opinion:
[UPDATED] After reading bunch of personal finances books, I've figured out that this book is shit, because it promotes the wrong mindset. The goal is not in tracking expenses and budgeting and investing till I'm 90 years old just to loose everything due to financial crisis, but to reap my reward in my 20s in 30s. You can do that by entrepreneurship. More on that in the book "The Millionaire Fastlane" by MJ DeMarco
Favorite quote:
“The single most important factor to getting rich is getting started, not being the smartest person in the room.”
― Ramit Sethi
Key takeaways:
Plan your expenses, savings and investments in advance
Stick to the plan and reevaluate it monthly
Be careful what you read, because a lot of information is false