I WIll Teach You To Be Rich by Ramit Sethi Book Review
I WIll Teach You To Be Rich by Ramit Sethi Book Review: I got this book as a birthday present few years back. I forgot where I keep it, seriously.
But I have to move out few months ago. This book came out of no where which is surprising me why I haven’t touch this yet.
So here it is, a book review after it has been published 5 years ago.
The cover cough me at first sight;
That’s quite interesting. Some readers may recognize that I also shared my experience of getting out of paycheck living in the past. And what caused me is my excuses and B.S. as this book mentioned just right there in the cover.
What is this book about?
This is personal finance 101 that does not require anything to read. It will includes how to get out of your debt, how to set up an automated system and how to make a long-term investment plan. This is a “jack of all trades” book type. It can helps guiding you but, as you progressed, another sources of information is required. Not to mentioned that this book will approaching 6 years old soon without any revision (it’s my fault actually) so many information is outdated.
What is the positive things?
It will draw a picture of an automated system in your head. Some may have this idea already but others might not (I’m in the latter). It illustrate the beauty of automate system and how good it is. While the system requirement is very low, only need few check-ups during the year, some unexpected result might have occur such as error in transactions processes. So please bear in mind to pay more attention than the book mentioned for your own sake.
If you don’t know anything about personal finance, this is a must read for you. It will consume about 4 hours of reading at maximum. So it worth a try.
What is the negative things?
Well, there are many feedback about Ramit Sethi’s language out there and I have to agree with that. His language may lead you to some distraction out of the main topic. But if you can bear with this, it’s a great book.
As I mentioned above, this is a jack of all trades, master of none book type. You can find much better investment material in Google for just a few clicks. I even doubt the way Ramit suggesting to invest myself even though I’m a conservative guy.
Buy it. You won’t like this book but you will have the big picture of your personal finance. It’s getting the job done.