I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works.

by Ramit Sethi

Eat less and exercise more.

Simplicity will always help more than granularity and complexity, at least initially.

Yes, the best time to start investing was ten years ago. The second best time is today.

Cynics don’t want results; they want an excuse to not take action. Ironically, even if they win their own manufactured argument, they lose overall, because they’re stuck in a prison of their mind.

In relationships and work, we want to be better than average. In investing, average is great.

Sometimes the most advanced thing you can do is the basics, consistently.

They’ve never spent a weekend reading a book on personal finance.

I am currently doing this, lol

Once a year, by law, you’re allowed to obtain your credit report for free at annualcreditreport.com

Lots of people use Credit Karma (creditkarma.com) to get a free credit score, but I prefer the official credit score from MyFico (myfico.com), which is more accurate even though it has a small fee.

Try calculating how much your own purchases really cost at bankrate.com/brm/calc/minpayment.asp

(Sidenote: If you find yourself getting a ton of credit card offers and other junk mail, go to optoutprescreen.com to get off their marketing lists.)

In fact, there are lots of tips for people who have very good credit. If you fall in this category, you should call your credit cards and lenders once a year to ask them what advantages you’re eligible for. Often, they can waive fees, extend credit, and give you private promotions that others don’t have access to.

Conscious spending isn’t about cutting your spending on everything. That approach wouldn’t last two days. It is, quite simply, about choosing the things you love enough to spend extravagantly on—and then cutting costs mercilessly on the things you don’t love.

Focus on time in the market, not timing the market.