Tuesday, May 8, 2012

I Will Teach You to be Rich Review


Title: I Will Teach You to be Rich

Author: Ramit Sethi

Target Audience: "At last, for a generation that's materially ambitious yet financially clueless comes I Will Teach You To Be Rich, Ramit Sethi's 6-week personal finance program for 20-to-35-year-olds. A completely practical approach delivered with a nonjudgmental style that makes readers want to do what Sethi says, it is based around the four pillars of personal finance— banking, saving, budgeting, and investing—and the wealth-building ideas of personal entrepreneurship." - Book Description via Amazon.com

How I Found It: I found Ramit’s blog before I found his book. I think my first encounter with Ramit was in an excellent interview by Chase Jarvis. As an avid information collector, Ramit's blog was fascinating to me. Although on the surface the blog covers such topics as earning money, finding your dream job, and negotiating like an Indian, this blog is really focused on the psychology behind these things. I could go on and on about Ramit's work, but I think you get the picture. Warning: He communicates in a brusque, edgy, and occasionally offensive manner on his blog, although his book a bit more refined.

Friday, January 6, 2012

Baby Steps for College Students

Dave Ramsey has these 7 steps that, when applied consistently over time, will guarantee wealth. As a recent college graduate, I found that I learned a lot of these steps too late, or that they didn't seem particularly applicable to my life now. Rachel Cruze, Jon Acuff, and Christy Brown (from Dave Ramsey's Speaking Team) adapted some of these steps to be more applicable for college students, and I've brought them here to share with you, along with some of my own thoughts.