MAY 02, 2025

7 lessons from I will teach you to be rich

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The book I will teach you to be rich by Ramit Sethi explains how to automate finances, spend without any guilt, and build long-term wealth. 

"The 85 Percent Solution: Getting started is more important than becoming an expert."

Start without being perfect

"Conscious spending isn’t about cutting your spending on everything. That approach wouldn’t last two days."

Conscious spending

"Frugality, quite simply, is about choosing the things you love enough to spend extravagantly on - and then cutting costs mercilessly on the things you don’t love." 

Frugality with a purpose

"The single most important factor to getting rich is getting started, not being the smartest person in the room."

Start early

“Most people focus on $3 questions, but you should focus on $30,000 questions.” 

Focus on big wins

"Investing should be very boring and very profitable over the long term."

Spend more time in the market

"A rich life is your ideal life - one where you look at your personal finances and say, 'I’m in control. I have enough.'" 

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