I Will Teach You to Be Rich by Ramit Sethi
This week, Misty and Lisa review the New York Times bestseller I Will Teach You to Be Rich by Ramit Sethi.
Here's a bit about the author from his website:
"Instead of saying “no” to spending on everything, I wanted to use money to say YES. I knew there was a better way to live a rich life—if we could use psychology to focus on what actually works. Not just for personal finance, but all aspects of life: money, careers, relationships, business, fitness and more. Since then, I've been testing and sharing my findings with the world via I Will Teach You To Be Rich."
In I Will Teach You to Be Rich, Ramit Sethi outlines a 6-week game plan to set you up for financial success:
Set up your credit cards and learn how to improve your credit score
Get your bank accounts set up right
Open a 401k and investment account
Figure out how much you’re spending and what to do with your money
Automate your new infrastructure so your accounts flow together nicely
Learn about investing and why it isn’t the same as picking stocks
We cover every chapter in this I Will Teach You to Be Rich Book Review, including:
Optimize Your Credit Cards
Beat the Banks
Get Ready to Invest
Conscious Spending
Save While Sleeping
The Myth of Financial Expertise
Investing Isn't Only for Rich People
Easy Maintenance
A Rich Life
If you'd like to read the book, you can snag it here.
Ramit's website and blog can be found here.
And here's the brilliant video ASMR for White Liberals that we talk about at the end of the episode.
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