This book is a great read for anyone wanting to get a better handle on personal finances.
I Will Teach You to be Rich helps you identify where your money is going and gets it working for you so that you can save for the things that will bring you true happiness and lead a rich life. The book outlines a six-week program which identifies how to create a system for optimising your bill payments, savings and investments so that your money goes to all the right places with less than an hour of maintenance a month.
This summary will follow the format laid out in Sethi’s book, taking you through each week of Sethi’s six-week program. The first week will be focussed on optimising your credit cards followed by week two’s lesson on beating the banks. Week three will cover investing and in week four we’ll talk about conscious spending. Saving is covered in week five and finally, week six will discuss myths and the idea that investing is for everyone, not just for the rich. We’ll finish up the summary with a brief discussion on how easy it is to maintain your new money habits.
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