I Will Teach You To Be Rich by Ramit Sethi

I Will Teach You To Be Rich is the no-bullshit, no-hype, fundamentals of personal finance, from how to manage your money and debt, how to choose banking and credit accounts, how to save for retirement, how to invest, how to negotiate, and a lot of great tips in between (like most credit cards extend electronic warranties by a year!).

This is really is all you need to know to take your money and get on with your life in a way that is responsible and fun instead of cheap or stingy.

Ramit has a very straight forward approach to personal finance. His writing is geared toward 20/30-somethings early in their careers, but his principles can be applied to anyone. The premise is simple: you need to spend less than you make … you need to make decisions about where you are going to spend your money (conscious spending) … you need to automate your finances so that saving is automatic (all about removing those passive barrier to saving). Don’t spend a lot of money on things you don’t care about – save it for the stuff you really love. And then don’t feel guilty when you do spend money on the stuff you really love – especially if you have saved for it.

It is all common sense stuff – but so many of us don’t do it… so it may be common sense, but a lot of us don’t have the nudge to actually do it.

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