Found in 8 comments on Hacker News
I would recommend the book (don't read the title of the book :))
Jemaclus · 2016-08-07 · Original thread
"I Will Teach You To Be Rich" by Ramit Sethi ( It's a fantastic, easy read that takes you step-by-step into automating your finances and making smart decisions toward not necessarily being rich, but being richer and having some financial security on a month to month basis.

Every once in awhile, I'll have a conversation with friends about finances, and they'll complain about how much work it is to manage money, and I'll go home and order them this book. It's an easy $10 gift, and they've all told me it changed the way they approach finances. Good stuff. Cannot recommend it enough.

tmorton · 2016-01-29 · Original thread
RDPD is basically a fad diet book. There's some good advice, but it's mixed with bad advice and illegal schemes, slathered with a thick layer of inspirational bullshit.

For a better personal finance book, try "I will teach you to be rich", despite the clickbait title:

coryl · 2013-09-04 · Original thread
I enjoyed reading this book by Ramit Sethi:

Its full of very basic fundamental advice. It doesn't go into depth into securities options, but emphasizes practical "set and forget" tactics.

TLDR; invest early, invest often, keep a good credit score, stock market is great for returns over the long run (index funds/mutual funds), keep a savings account, automate your investing. Also, did you know your credit card offers perks like extended warranties on purchases (at no cost)?

stephenbez · 2013-05-24 · Original thread
I'm just here to say that Ramit, the author of the course he mentioned is legitimate.

His New York Times best selling book "I Will Teach You To Be Rich" is one of the best personal finance books I've read. It is especially useful for young people with a high income potential like many of us on Hacker News.

rwk · 2011-11-23 · Original thread
I feel anyone who has any sense feels worrisome no matter how much they are socking away.

I got a lot more mileage than I thought I would out of books like I Will Teach You To Be Rich by Ramit Sethi( It rubs some people the wrong way, but it has some really good points about automating finances, and just handling companies via some social engineering.

Some of the things I think a bunch of people working day jobs are the insane benefits their companies offer. Make sure both your and your significant other are maximizing their 401k benefit(at least to kick in the employee matching and more if you can afford it).

The savings accounts should just keep compounding on each other. Possibly toss some other money into a Roth or into the stock market. Also have a rainy day/emergency fund for when the roof leaks and other unforeseen circumstances.

If you have a side project, that money should be coming out of your personal spending money. It should be thought of as your hobby and not impede on the family as a whole(this is for day jobbers).

Obviously finances get a bit rougher if there is no day job and it is just startups, it gets more difficult. One of the plans I had envisioned was to have an account setup and once it reached a certain percentage of drainage(aka burn rate for funded companies) that was agreed upon in the family, then there would be a meeting to discuss hanging it up and looking for a new day job to refill the fund to try again.

If you luck out and get funded and/or someone buys a project, that money should go first to replenish the project fund and then go into emergency, savings, and a little left over to celebrate(vacation, new back door, etc).

ramit · 2010-03-02 · Original thread
I am a New York Times best-seller and I would be happy to answer questions about how I went from blog --> book --> products, especially about the challenges of getting people to pay online.

My book:

My blog:

Let me know if you guys have questions about monetizing content, book sales, or the psychology of getting people online to pay. There is so much interesting stuff I've learned over the last few years.

icey · 2009-04-29 · Original thread
To be fair to Ramit, he is a pretty well received author of a book that's relevant to his blogging field:

(As a disclaimer, I own a copy of said book, and I think it's good.)

Fresh book recommendations delivered straight to your inbox every Thursday.