©2009 Ramit Sethi; (P)2009 Recorded Books, LLC
"The content is much better than the title"
This book was recommended to me twice by two different friends. I was skeptical of its value due to the cheesy title, but apparently you can't judge a book by the cover. I really liked this book.
This is not a detailed financial book, it is a very practical "this is the bare minimum you should be doing, and here's how you do it" book. Which for me, was a perfect starting point. I used a lot of Ramit's advice.
If you're young and just getting started with *really* managing your finances, this is your book.
I bought the audio book and half way through bought the paper back book so I'd have quick reference to the resources Ramit frequently cites.
"great advice"
Technically you could find all of this information for free elsewhere, but Sethi very clearly, very entertainingly and very practically gives tons of advice on how best to automate your money to go to the right investment accounts, what you should look out for and what you should avoid. In a similar vein to the "Four-Hour Workweek," Sethi trains you on developing habits for looking at investments and expenses that stick with you after you've accomplished his weekly action lists.
Although I enjoyed this audio recording, I might recommend getting a printed version because there's a lot of information you'll need to reference at later times.
Instructional Designer is the area of Workforce Development.
"Sound Advice"
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.
"Excellent book to plan out your personal finances."
This is a no-nonsense book written by a normal person who knows what he's talking about. There are many opinions that might seem counter to the mainstream, but with a lot of truth. I have internalized many concepts from here and I'm already putting them in practice, and telling everyone some of the great concepts in here. I've read several books about personal finance, but this one is my favorite so far. Very accessible.
"Behavioral approach to money sets this book apart"
I LOVE Ramit Sethi. His style is irreverent and occasionally obnoxious but hysterically funny and deeply influential. Ramit's emphasis on behavior and his back ground in psychology is what sets this book apart from the average personal finance book. I was convinced that this was one of the best books out there by the 4th chapter but the last chapter "A Rich Life" blew my mind. More than just money management strategies this chapter dealt with the real value of money, what it takes for you to feel rich, how to handle money issues in relationship, and negotiation strategies for anything from buying a car to getting a raise. I would recommend buying the text version as well if you like what you hear but you can get the bulk of the message with the audio version.
"Funny and informative."
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.
"This book changed my life"
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
30+ IT/Geek Male. Used to read lots, but now the "reading" is best done via audible.
"Common Sense advise, financials back on track!"
So he's got a great speaking voice, and this feels like a large collection of his much previous blog posts stitched together, regardless it works. This is all relatively common sense, but in a world that seems to lack it, he brings plenty of it to the table. It comes up with a great strategy for managing money, and planning for your "non earning years" as I would like to call it. This is highly suggested for any high school students starting their first job, and secondly to anyone that buried their butts under too much debt. Seriously, I think that first job high school student, is the one that *NEEDS* to listen to this book!
"A Good Read Even if You Are Out of Your 20's"
Humor and financial insight that is easy to follow for 20 somethings and a good reminder of what we need to do as a 40 something.
Automation of finances to decrease late payments and the understanding that it is not about the latte - it's about your credit was brilliant!
Think of the bigger picture. Finances are easily automated, large amounts of money are saved on the basis of your credit rating and your time is worth money. Great advice for those that need a refresher!
"A good book on how to save money"
+ Ramit Sethi explains his concepts with an appealing, if oddball kind of humor. Which is perfect for 20 to 30-somethings interested in learning how to save money.
- A large portion of the book is focused on concepts that do not apply on Europeans. ( such as credit score )
He explains that you should always be looking for angles and be willing to negotiate and gives you examples on how to achieve this.
The way he explains the concepts by introducing stories or anecdotes is best heard, not read.
If you are American, I can see how it is interesting to listen to this audiobook. For Europeans however, I would skip it, since there are a lot of concepts that simply do not apply.
The book won't teach you how to be reach ( Ramit Sethi is mostly teaching himself to be rich by writing these kind of clever titled books / blogs ) but it is a good introduction for those who are interested in handling their money in a more responsible, structured way.