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Personal finance2009, 2nd ed. 2019

I Will Teach You to Be Rich

Ramit Sethi

Gives a system for spending, accounts, saving, and automated investing for readers who want personal finance to become a routine.

Chapter summary

Week 1: Optimize credit cards

Understand credit costs, pay on time, negotiate fees, and create a debt-payoff plan.

Week 2: Beat the banks

Choose low-fee accounts, separate spending from savings, and remove avoidable charges.

Week 3: Get ready to invest

Prioritize emergency reserves, debt, and investment accounts, then begin even with a small amount.

Week 4: Spend consciously

Allocate take-home pay across fixed costs, investments, savings, and guilt-free spending.

Week 5: Save while sleeping

Connect accounts and schedule automatic transfers immediately after payday.

Week 6: Invest simply

Choose a diversified, low-cost portfolio, automate contributions, and reduce emotional intervention.