Money Management

I will teach you to be rich

September 16, 2019

This holiday I listened to Ramit Sethi's book, "I will to teach you to be rich." And indeed, as the title suggests, it is a very American book with many bold statements :)

But still, this book is one of the most practical personal finance books you can read. It is no nonsense, real, practical and also: his tips don’t require much effort and behavioral change.

But what mainly resonates with me are Ramit Sethi’s core vision about money management. He describes them as follows:


1. Spend extravagantly on the things you love, as long as you cut costs mercilessly on the things you don't.

2. Focus on the Big Wins and don't worry about spending too much on coffee or desserts.

3. Automate your savings and investment (Yes, soon with Flow! :)

4. There is a limit to how much you can cut, but no limit to how much you can earn.


I like it!

Ps. To gather inspiration for Flow content marketing, I want to read as many personal finance books as I can.

Do you have any tips? Let me know. Thanks.

Daan

van Klinken

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