A question that so many young people around the world face nowadays is simple: how should we manage our money? That is the very question that I Will Teach You To Be Rich by Ramit Sethi strives to answer. Through a relatable, fun writing style that makes his book a breezy but informative read about a subject often considered the driest of the dry, personal finance, Sethi teaches the bare bone essentials of it, and a basic life lesson that the he wants readers to take away from the book, or, in other words, the theme. That theme is the basic truth that taking action to take control of your situation pays bigger dividends than making excuses, and it becomes more and more apparent to the reader the further along they progress. The theme started
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Almost every single chapter in the book mentioned the theme in one way or another, and that was certainly true for the chapters on getting started with investing towards the end of the book. Two of Sethi’s most powerful statements were, “In truth, being rich is within your control, not some expert’s. How rich you are depends on the amount you’re able to save and on your investment plan … there’s no one else to blame if you’re not rich--no advisers, no complicated investment strategy, no market conditions,” (149) and simply, “Investing isn’t only for rich people.” (159) What makes both of those statements so powerful is the fact that they convey the straightforward message that there is no excuse for not taking action to start investing based on your financial goals, and this goes hand in hand with the theme, that you should stop making complaining and take action to take control of your situation.
I Will Teach You To Be Rich is certainly one of the most enjoyable reads on the subject of personal finance. However, despite the name, there is more to take away from the book than financial literacy. Ramit Sethi conveys an invaluable theme, that you should quit complaining and take action to take control of your situation, which is applicable to every corner of life, from your career to family life and beyond, not just personal finance. Considering that, this book shows us that there is more to the subject of personal finance than mundane facts. There are life lessons to
Almost every single chapter in the book mentioned the theme in one way or another, and that was certainly true for the chapters on getting started with investing towards the end of the book. Two of Sethi’s most powerful statements were, “In truth, being rich is within your control, not some expert’s. How rich you are depends on the amount you’re able to save and on your investment plan … there’s no one else to blame if you’re not rich--no advisers, no complicated investment strategy, no market conditions,” (149) and simply, “Investing isn’t only for rich people.” (159) What makes both of those statements so powerful is the fact that they convey the straightforward message that there is no excuse for not taking action to start investing based on your financial goals, and this goes hand in hand with the theme, that you should stop making complaining and take action to take control of your situation.
I Will Teach You To Be Rich is certainly one of the most enjoyable reads on the subject of personal finance. However, despite the name, there is more to take away from the book than financial literacy. Ramit Sethi conveys an invaluable theme, that you should quit complaining and take action to take control of your situation, which is applicable to every corner of life, from your career to family life and beyond, not just personal finance. Considering that, this book shows us that there is more to the subject of personal finance than mundane facts. There are life lessons to