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Tuesday, March 31, 2009

"I Will Teach You To Be Rich" - Review and Giveaway!

I Will Teach You To Be Rich Book.Just when I thought I'd read the best of the best, I Will Teach You To Be Rich comes along and jumps into my Top 3 Favs :)

BOOK: I Will Teach You To Be Rich
AUTHOR: Ramit Sethi
SEXINESS: Off the charts!

While each book I've read adds a little somethin' somethin' to the PF world, this one comes the closest in capturing the main qualities I look for in a book: Theory, practicality, "how to's", and most importantly, entertainment! If you don't enjoy what you're reading, you'll never finish it - and I guarantee this one does the trick (unless you don't have a sense of humor, in which case you should stop reading now...)

But one of the coolest things is that I now have a book that I can recommend to all "young" people, esp. those fresh out of graduation. While The Richest Man in Babylon and The Automatic Millionaire are fantastic reads, they don't completely circle the realm of personal finance (or at least not modernly). IWTYTBR is the perfect mash-up of both of these books, except with even MORE flair and energy. Which is exactly what us young people need - a quick kick in the pants and a few jokes to get us going in the right direction.

If you like my style of writing, you'll definitely love Ramit's....if he weren't Indian I'd have wondered if we were separated at birth ;) Here's what I mean:
"Why does just about everything I read about personal finance make me want to paint myself with honey and jump into a nest of fire ants? Personal-finance advice has been geared toward old white men and taught by old white men for far too long."
So yeah, he's pretty damn funny. But he's also smart as hell. A graduate of Stanford and creator of IWillTeachYouToBeRich.com - one of the more successful pf blogs out there - he really knows his stuff. I'd like to think I've mastered most of this over time, but there's always something new to learn! In my case, it was the "investing" section of his book. Unlike the other books, he gets into this pretty well and gives some solid advice as to how to EASILY do this w/out much worry. He also gets into optimizing credit cards, savings accounts, automation, and a handful of other goodies. There's even a 6-week program to follow to REALLY get your ish in order - I highly recommend it.

And while he doesn't regard the budget as sexy (gasp!), he does offer a "Conscious Savings Plan" in its place - which is fine with me, as long as people STICK to it. In fact, I believe Ramit says that budgeting is the worst word in the history of the world! Remind me to punch him in the face later for that, okay? Good, good. Here's a better sneak peek into it (click on link for full-page viewing):

I Will Teach You To Be Rich

So there you have it - one of my new (again) favorite books! It just hit Amazon last week, so it's hot of the press baby! And guess what? Your boy J. Money has 3 copies to give away! Yup, and all you have to do is leave a comment - that's it. Tell us what you're eating, what you're working on, or just tell us a joke :) Either way, leave it in the comments by this Friday (April 3rd) by 12 noon EST for your chance to win your very own FREE copy.

And as my brotha from another motha (Ramit) would say, "Getting started is more important than becoming an expert". Follow this 85% solution to your finances and it's smooth sailing ahead!

-----
*UPDATE: Giveaway now closed...Winners will be shown tomorrow at noon est :)

Labels: ,

93 Comments:

Anonymous Laura said...

Although the random number generator seems to never go with 1 I'll take a shot! I'm drinking tea, working on my autism blog, and actually enjoy working all my sexy $ account numbers! So go random number generator! Be a rebel and pick #1!!!

March 31, 2009 7:58 AM  
Anonymous Rich Like You said...

In the name of generosity, I am going to donate my entry to Laura. May the RNG be with you.

March 31, 2009 9:03 AM  
Anonymous Rich Like You said...

I forgot to add that I already bought the book, and enjoyed reading it. It does contain some useful info, even for a long tooth PF reader

March 31, 2009 9:05 AM  
Blogger Tracy Simmons said...

I'd love a copy of this book, so will happily tell you what I'm eating: Dove chocolate bar, dark chocolate, of course! Yes, I know it's only 9:12 a.m., but that's almost lunchtime for me since I start working so early. Thanks!

March 31, 2009 9:13 AM  
OpenID Nick said...

Keep up the good work, I'll be debt free in a couple of days!

March 31, 2009 9:17 AM  
Anonymous Ryan Morgan said...

I would loooove this book. I've been reading Budgets are Sexy and I will teach you to be rich (the blog) for over a year now and I love them both. And in the name of funsies...I just ate a banana.

March 31, 2009 9:17 AM  
Blogger Tom said...

A duck walks into a bar. And he says to the bartender "Got any grapes?" The bartender says "No, I don’t have any grapes." The duck walks out, sorely disappointed.

So the next day, he walks back into the bar, asks the same question, gets the same answer.

The day after, he walks back into the bar, and again, asks the bartender, "Got any grapes?" The bartender, having still not figured out why this duck seems to think he may have some grapes, says to the duck, "No, and if you come back in here tomorrow and ask me if I have any grapes, I will nail your bill to the bar!"

The duck frowns, turns around, and walks out of the bar. So the next day, the duck walks back into the bar, and asks the bartender "Got any nails?"

The bartender says, "No."

So the duck says, "Got any grapes?"

March 31, 2009 9:19 AM  
Anonymous Susanne said...

I would love to win a copy of this book! Though, I agree with you that budgets are sexy! :)

March 31, 2009 9:29 AM  
Blogger Lisa said...

I just started reading your blog - I need all the finance help I can get and this book would be a big step in the right direction! Even if I am not one of the lucky 3, I think I will put this on my wish list!

March 31, 2009 9:41 AM  
Anonymous lulugal11 said...

I am eating grapes and cheese!!!!! I was actually working on my budget before I started reading this and would love a chance to win this book. FREE is good!

March 31, 2009 9:45 AM  
Blogger SAHM4now said...

I am not eating anything right now, but those around me have toast wtih strawberry jam. I am working on my mommy blog and lusting after this book. As lulu says, Free is good! My only financial direction comes from blogs so maybe something in writing would be good incase I lost power or internet:).

March 31, 2009 9:50 AM  
Anonymous Debtfree2009 said...

I'm drinking a Diet Coke. Too late for coffee and too early for wine.

March 31, 2009 10:00 AM  
Blogger MK said...

I was just checking out my budget and doing my daily rounds of the PF blogs (don't tell my boss!) and I saw this post. I'd love to win a copy of this book, it is currently on my wishlist, and I have every intention of urchasing it if I don't win. But in the name of frugality, it'd be nice to receive it for FREE!

Oh yeah, as far as what I'm eating, haven't had anything to eat yet today, and what I'm doing, being distracted from my work, and a joke... What do you call 10 blondes in a freezer?! FROSTED FLAKES! (okay i knwo that is horrible, but I couldn't tell you how many times i've heard that joke, and yes I am blonde!)

March 31, 2009 10:13 AM  
Blogger Nick said...

I saw this book on my friend's desk on Sunday and have heard a lot about it otherwise.

March 31, 2009 10:20 AM  
Anonymous Denis M said...

I'm drinking water, son! Gotta keep it clean to see some abs!!
I hope I win, I think this book is targeted at 24 year olds like me.
Peace out!

March 31, 2009 10:25 AM  
Anonymous Jeff@StretchyDollar said...

Sweet - free stuff! I think I'm one of three PF bloggers who haven't reviewed this book yet, so I guess I should jump on board. (I'm such a follower.)

March 31, 2009 10:40 AM  
Blogger mrs oh said...

i'm going to eat cereal and maybe make a smoothie.
i'm about to work on a presentation for school. (i'm graduating in one month, and will triple our household income. we need advice now!!)

March 31, 2009 10:48 AM  
Blogger calquist said...

I'm very excited to read Ramit's book. I love his site, and I definitely think the bf (graduating college in May) would really benefit from his book. (Plus Ramit's writing style might actually keep his attention!)

March 31, 2009 10:53 AM  
Blogger J. Money said...

OMG Tom, that joke is fan-freakin'-tastic, I love it! haha...it takes a childish sense of humor to enjoy that stuff, but luckily i've got it ;) No one else has any jokes for me?!

Keep the submissions coming! 3 chances to win is a helluva lot better than 1...and it looks like Laura figured out a way to increase it even more! haha...you guys are funny.

March 31, 2009 11:08 AM  
OpenID serobbin said...

I am eating cheddar cheese mini rice cakes because I am addicted and because I got them free with a coupon =)

March 31, 2009 11:13 AM  
Blogger Garret said...

Triple Decker PB&J!

March 31, 2009 11:22 AM  
OpenID myprettypennies said...

What do you get when you mix an elephant and a rhinoceros?
Elephino!

Hahahahahahahahahahahahahah!!!

...oh wait. That's only funny when you tell it aloud. RATS! *hangs head*

March 31, 2009 11:36 AM  
Blogger Kahnee said...

I'm leaving a comment

March 31, 2009 11:40 AM  
Anonymous Niki said...

Okay a joke:

A guy walks into a bar and says ouch!

Get it? Bueller? Anyone?

March 31, 2009 11:40 AM  
Blogger Ginger said...

I would love to win a copy of this book! I've been following Ramit for a long time online! Reading his blog is what got me thinking more seriously about my money, which eventually led into blogging about it myself.

My only wish is that there was a Canadian version of Ramit since in some areas of finance our countries are very different, so his advice doesn't apply.

Can a Canadian gal win a copy though?

March 31, 2009 11:53 AM  
Anonymous Pauper Princess said...

Budgets not sexy? You have got to be kidding me! Although I have had some type of budget for the last 10 years, just recently (this year) I have decided to stop being a puss and actually follow my written budget. And you know what? Within these short 3 months that have passed, I feel sexier than ever because 1) I am in control of my money; 2) I know exactly how much money I have; and 3) I know what I can and can not afford! That is incredibly sexy, so I have to agree with you on that sentiment!

March 31, 2009 12:00 PM  
Blogger Money Funk said...

Ah, you have the most humorous of commentors. :)
I just had my hot tea and oatmeal. Yup, trying to watch my heart health.
Hey, cool review. :)

March 31, 2009 12:03 PM  
Blogger Recycleholic said...

I hate reading books but I like money. Maybe a book about money is what I need.

March 31, 2009 12:27 PM  
Blogger Bob Phangureh said...

I can read

March 31, 2009 12:43 PM  
Blogger Sarah Eliza said...

I like money & books, which makes for a good combo...

Budgets have undeniable sexiness. But conscientiousness can perhaps sub adequately, albeit without the same level of disciplined pizazz.

Thanks for the review! :)

March 31, 2009 12:45 PM  
Anonymous bigasssuperstar said...

In the middle of doing my tax return ... and upon entering my spouse's income, saw my projected refund shrink from $2200 to $200. So, yeah, I want a free book. Love you.

March 31, 2009 12:53 PM  
Blogger one frugal lady said...

Oh, this would be great for my neice, who is horrible with money! She totally needs this book, that way she can find out just how sexy budgets really are! haha!!

March 31, 2009 1:04 PM  
Anonymous Anonymous said...

LOVE YOUR BLOG!!!

March 31, 2009 1:07 PM  
Blogger Amber said...

Im eating toast with creamed honey, and black tea with milk and lavender. Id love a copy of the book, Im on a budget!

March 31, 2009 1:14 PM  
Blogger Jamie said...

Woohoo! Would LOVE to win this!! I cracked up just reading quotes from the book! I'm one of those crazy frugal moms, so I would LOVE this - and I could blog about it - I blog about everything...haha! And...I THINK I'm still kind of young...Maybe? :)

www.savinginstyle.blogspot.com
jamieandandre at bellsouth dot net

March 31, 2009 1:15 PM  
Blogger Chris said...

Ramit's launch of the book was amazing, especially the four $1000 giveaways from mint.com. Unfortunately, I was unable to get the book that day but would love to get a free copy now!

March 31, 2009 1:17 PM  
Blogger Puanani503 said...

I'd love a copy of this book also! I'm on a budget also and would love to learn more about earning more money..while saving it:)your blog rocks!

March 31, 2009 1:18 PM  
Blogger Risk Point Consulting said...

This looks like the perfect read for me - someone trying to do more reading and learning about PF. I've been getting the automatic emails for this blog for a couple of months now and I love it. A free book would be great though...

March 31, 2009 1:31 PM  
Blogger Risk Point Consulting said...

This looks like the perfect read for me - someone that is trying learn more about budgeting and PF in general. I've been getting the Budgets Are Sexy emails for about 2 months and I love it. A free book would be sweet though...

March 31, 2009 1:32 PM  
Anonymous DD said...

I just got done chowing down on some Beef Taco Hot Pockets. I'm about to go shovel the foot of heavy wet snow that our 6th blizzard of the season has left for us. Nothing would be sexier than a copy of Ramit's book.

March 31, 2009 1:37 PM  
Blogger One Chance To Live said...

Hook it up with the book Mr. Money

Fact:
If you owe the bank $100, that's your problem. If you owe the bank $100 million, that's the bank's problem.

March 31, 2009 1:39 PM  
Anonymous Kyle said...

Count me in on this I would love to read it.

March 31, 2009 1:55 PM  
Blogger silverhartgirl said...

I would love to read this book.

March 31, 2009 2:12 PM  
Blogger Liz said...

I am not eating right this second, but about 20 minutes ago I ate 3/4 C 0% greek yogurt w/ 3 sliced strawberries and some granola. Yummy!

Oh and I'd love the book!

March 31, 2009 2:14 PM  
Anonymous Jules @ Lovely Las Vegas said...

I'd totally dig a a copy of I Will Teach You to Be Rich.

By the way, when is your book coming out, J. Money?

March 31, 2009 2:20 PM  
Blogger Fit Wallet said...

Count me in! I just ate some homemade cornbread. Mmmmm!

March 31, 2009 2:22 PM  
Blogger Canadian Saver said...

I like to read anything and everything pf related, so I'm entering your cool contest :-)

I'm not snacking or drinking anything, I'm no fun!

March 31, 2009 2:34 PM  
Anonymous Mr. ToughMoneyLove said...

Send me the book. I may become the first person to review it who isn't part of the Ramit marketing cult. How radical is that?

March 31, 2009 3:38 PM  
Blogger J. Money said...

YES, that's what i'm talkin' about...jokes, jokes, more joooooooookes! And no, no book from me coming out *yet* ;) Unless you want one with the word Hooker & USAA in every other paragraph? I mean, that would be pretty hot.

Yes Mr. ToughMoneyLove, i know very well what you'd do to this book if you get your grubby little hands on it, so let's hope the random generator doesn't pop out your # ;) although it would make for an excellent post, i'm sure!

March 31, 2009 3:49 PM  
Blogger Shilpa said...

I'm eating sandwich ;)

March 31, 2009 3:54 PM  
OpenID fimps said...

I am sitting at work, surrounded by work and wondering how to get rich. This book would sure help me accomplish that!

March 31, 2009 4:04 PM  
Blogger Anny said...

I'm cooking potatoes and chicken - a price conscious meal. I wonder if this is how I can get to be rich? :O

March 31, 2009 4:10 PM  
Blogger Jane said...

You would think that by entering this contest, I would be worsening everyone else's chances. However, I never win drawings, so yay for everyone else!

March 31, 2009 4:24 PM  
Anonymous Julia M said...

Your blog is way sexy and smart. Thanks for all the good money tips!

March 31, 2009 4:47 PM  
Anonymous Anonymous said...

I am looking at a bag of 'Smartfood' popcorn and hoping it really does work!!!

March 31, 2009 5:25 PM  
Blogger Beth said...

I have been working with some fabric and sorting the different colors out and trying to decide what to make. I have seen some neat things on blogs and don't know if I will be able to make them!

March 31, 2009 5:41 PM  
Blogger Gwen said...

I may not be a Spring chicken but I'm definitely NOT an old white man either so I'm really looking forward to reading this book. It wold be great to win it!

March 31, 2009 5:59 PM  
Anonymous E.C. said...

I'm eating macaroni and cheese and watching a chick flick I got free using a Redbox coupon code.

March 31, 2009 6:32 PM  
Blogger Melanie said...

Even if the book weren't sexy, Ramit is!!

Melanie

March 31, 2009 7:07 PM  
Anonymous Jamie said...

Eating Beans and Rice. Free is always good this late in the Month/Budget.

March 31, 2009 7:54 PM  
Blogger valerie2350 said...

hmmm....not eating, but drinking a tasty iced coffee :)

March 31, 2009 8:02 PM  
Blogger J. Money said...

Ramit is sexy?! Awwwww i'm tellin' him you said.....

(btw, you like how i'm leaving comments on here myself like I'M gonna win? at least it increases everyone's chances ;) )

March 31, 2009 8:06 PM  
Anonymous Anonymous said...

Wow! You are very generous. I am eating plums and chili cheese french fries (not together).

Jake

March 31, 2009 8:58 PM  
Blogger asgreen said...

French bread pizza. I love frozen pizza. It's so sad.

March 31, 2009 9:20 PM  
Anonymous Mikey Freezelle said...

A man and his pet giraffe walk into a bar to have a few drinks. They end up staying a little too long and drinking a little too much. The giraffe can't really handle his liquor too well, so on their way out, he stumbles to the ground and passes out. The man continues on, thinking that the giraffe can find his own way home. The bartender shouts at the man - "Hey, you can't just leave that lyin' there!" The man shouts back, "It's not a lion, it's a giraffe!," and goes on home.

March 31, 2009 9:23 PM  
Anonymous TinaA said...

Well i've managed to save 400.00 since the middle of January and 500 for my vacation fund so i'm on my way with my sexy budget.

March 31, 2009 10:01 PM  
OpenID moralia said...

I'd love to win a copy of this book.. i've read a few great reviews on it! :) By the way.. i'm not eating anything but I did just finish a fudgesicle... since you asked. ;) lol!

March 31, 2009 10:37 PM  
Anonymous Steve @ Start-Up said...

I'm all about personal finance books. Id love to get my hands on this one.

March 31, 2009 11:14 PM  
Anonymous Nicole said...

I'm eating vanilla ice cream with blackberries and I'm NOT working on a lit review for my management class. Hope I win!

April 1, 2009 12:21 AM  
Blogger Renee G said...

I'm sitting here on the couch trying to stay awake for just a few more minutes.

rsgrandinetti(at)yahoo(dot)com

April 1, 2009 12:53 AM  
Anonymous Mike said...

Doesn't sound bad. If you don't give me a free copy, then I'll likely try to find it at the library. :)

April 1, 2009 2:56 AM  
Blogger Valonia said...

I recently came accross your blog and have been reading along. I thought I would leave my first comment. I dont know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.


Ann

http://racingonlinegames.net

April 1, 2009 3:40 AM  
Anonymous Kristi said...

Another fan of your blog. Would love a copy of the book! :D

April 1, 2009 6:22 AM  
Blogger Amber Lynae said...

I'm recovering from a trip to Paris.

April 1, 2009 11:11 AM  
Blogger Nick said...

I hope I win!

April 1, 2009 1:45 PM  
Anonymous jjpak said...

i'm eating a really soft apple. hope i get the book!

April 1, 2009 3:47 PM  
Blogger J. Money said...

@Mikey Freezelle - Nicely played, sir. I'm totally stealing that ;) funny as hell!

April 1, 2009 3:59 PM  
OpenID collegesuitcase said...

I just want to say, I'm a college student and I heard about this book and I've been reading your blog and I definitely think budgets are sexy. :D

April 1, 2009 9:15 PM  
Blogger TAIWO said...

I WANT THE BOOK

April 1, 2009 9:57 PM  
Blogger Pamela @ Frugal Vet Tech said...

I'm sitting here (avoiding) doing homework. Too much homework, not enough time. I'm ready for the semester to be OVER.

April 1, 2009 11:27 PM  
Anonymous sfordinarygirl said...

I'm sitting in front of the computer wondering how much more studying I'll do (it's 2am already!).

April 2, 2009 5:21 AM  
Anonymous Bible Money Matters said...

I'm in. send it on over!

April 2, 2009 11:18 AM  
Anonymous Matt Jabs said...

I could definitely use a free copy of this book...count me in.

April 2, 2009 11:35 AM  
Anonymous Wldflr said...

J-

I certainly could use this book...I work in the graphic design dept. of a large national bank that is in the process of merging (thanks Washington, D.C. & Wall St.!!) and yep, chances are I will be laid off in the next few months from a job/office/co-workers I love! So please pull my name out of the hat to win the book, I need all the help I can get.

April 2, 2009 4:45 PM  
OpenID Stara said...

I would love to read this book!!

April 2, 2009 5:01 PM  
Blogger Diana D said...

This book undoubtedly appeals to many folks. Thanks for having the wonderful giveaway.

dianad8008 AT gmail DOT com

April 3, 2009 8:33 AM  
Anonymous Anonymous said...

What I'm drinking is Diet Coke (as I am a full blown addict -- that and my nail-biting - my only two vices, really )..

What I am thinking - that I am glad I found your blog. PF is hard and as a single mom with a 17yr old going into college in August, I am dealing with not only starting a new personal chapter in my life, but as new financial chapter as well. So thanks for the advice, commentary and wit... on everything not just PF :) Collette grantiare@aol.com

April 3, 2009 10:04 AM  
Blogger Rivard said...

Love the blog. Keep up the good work.

April 3, 2009 10:12 AM  
Anonymous Choc Thunder said...

Hook a brotha up ... I'm sitting here jamming to Lil Wayne while cranking away on some code. (application development c# .Net)
chocthunderinbox AT gmail DOT com

April 3, 2009 10:41 AM  
OpenID Sue said...

Hi,

I'm at work attending some long boring conference call. Just doing my daily rounds of the pf blogs that I bookmarked. Would love to win this book to see what else I can learn about personal finance.

April 3, 2009 11:02 AM  
Anonymous Baker @ Man Vs. Debt said...

It's officially on like Donkey Kong. I've got the kind of skillz needed to win this thing!

April 3, 2009 11:07 AM  
Anonymous Margie S said...

I just recently started to follow your blog and am really enjoying it. And thanks for the chance to win, I am always looking for some new advice on money matters.

April 3, 2009 12:02 PM  
Anonymous Daniela said...

This is my first comment on your blog but I have been following you for a while and enjoy reading! Would love to win a copy of this book. Checked out his website and already learned a lot...

April 3, 2009 8:05 PM  

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