i purchased the paper book 6 months ago and it completely changed my financial life, i also purchased this audio book about a week ago and it was great listening to Ramit read his own book i also listen to chapters frequently when i need inspiration or a refresh. his blog by the same name is also a daily read now too
Great work Ramit
Yes the advise is very basic if you already have personal finance acumen, the book is aimed at the younger crowd and provides some good foundational advise and background on asset classes and the diffence between diversification and asset allocation. Ramit is a vibrant reader and keeps you interested right the way through.
Great personality to listen to. Never boring, thus ensuring I listened as often as possible. This was definitely one of the fastest books I've finished.
This book is mainly geared for 20 - 35 age range. Ramit has an exuberant personality and got me excited about doing finances the right way. The book is filled with excellent real world examples and methods for controlling finances. I was skeptical about using a credit on this book at first because of the corny title. I'm really glad I did. I'm actively using at least 75% of techniques described in this book.
When you are ready to seriously start thinking about finances.. listen to this book first.
Instructional Designer is the area of Workforce Development.
If you are looking for the silver bullet; look elsewhere. But if you looking for solid good money management advice, then buy this book. His advice does work.
Ramit sets out excellent and yet simple steps towards personal financial improvement. Even though the things he mention are quite obvious and straight forward, it is not something that all 20 year olds know or care to follow.
Only word of caution is that his intended audience is people living in United States. If you don't live in US then you'll have to find out if you have certain similar options available to where you live.
I'm in my early 20s, and really wish I would have read this in high school- I would have been in a much better financial spot! There are great suggestions in here about cutting down debt, "conscious spending", and it breaks down buying a home/ideas for negotiating car-buying and more. I would highly recommend this book- on audio Ramit is hilarious, it's easy to stay engaged.