Showing posts with label investment. Show all posts
Showing posts with label investment. Show all posts

Sunday, 6 August 2023

I Will Teach You to Be Rich | Ramit Sethi

I am a fan of personal finance books and I do like to read this kind of books that I found in the best seller list of Amazon. This time, the list brought me the book: "I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No B.S." This New York Times and Wall Street Journal Bestseller is written by Ramit Sethi.

There were some generic recommendations which do not fit to the realities of today, at least for my country Turkiye. Anyway, it is a good piece of work who want to have a mindset about where to start for personal finance. Let's continue with my highlights from the book:

People love to argue minor points, partially because they feel it absolves them from actually having to do anything. You know what? Let the fools debate the details. I decided to learn about money by taking small steps to manage my own spending. Just as you don’t have to be a certified nutritionist to lose weight or an automotive engineer to drive a car, you don’t have to know everything about personal finance to be rich. I’ll repeat myself: You don’t have to be an expert to get rich. You do have to know how to cut through all the information and get started—which, incidentally, also helps reduce the guilt.

Investing early is the best thing you can do.

The best time to start investing was ten years ago. The second best time is today.