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Summary of I Will Teach You to be Rich 

4.7 . 13321 reviews

What’s inside

Discover smart daily habits that can help you achieve financial freedom by investing effectively and saving money without limiting your needs.

You’ll learn

  • Why credit cards save you money if you use them properly
  • How to use a 401(k) account and A La Carte method
  • What type of spender you are
  • Why investing is the best way to reach FIRE

Table of content

  • Summary of I Will Teach You to be Rich
  • About the author
  • What is I Will Teach You to be Rich about?
  • Who should read I Will Teach You to be Rich
  • Topics in I Will Teach You to be Rich
first key point

You can be as rich as anyone and even more

Listen the first key point
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It is not uncommon to see people gain weight after college. Many experts recommend eating less and exercising more to manage weight gain. Well, food and money are quite similar in the ways that they compound. Just as one doesn’t put on weight overnight, one doesn’t become rich overnight either. It compounds little by little until the results become visible.

Many people have one of these two bad money habits: they ignore their finances or argue over the smallest details without doing anything about it. These are surefire ways to remain poor or at best average. You probably do not need help from any financial adviser to get rich; if you have an account with a solid bank and automate your finances, you can build wealth.

Investments do not have to be a do-or-die situation. You can do your research to discover solid stocks and invest in them. Allow your interest to compound and focus on other things. Many financial gurus these days go on and on about the hottest stocks in the market. If you listen to them, you may lose majorly.
Now more than ever, it is harder to make financial decisions because of the information overload around us.
Just like you do not need a degree in nutrition to eat healthy, you also do not need certification in personal finance to cut down your expenses and make plans for your future. Everything starts and ends with you. Keep reading to find out what works and how you can build sustainable wealth.
second key point

You can beat the credit card companies at their own game

Once you learn to be a good negotiator, you can save yourself a considerable amount of money. Credit cards can be a bit tricky, but you should never let them intimidate you. The media has been mostly responsible for the fear people have around credit cards. The stats, headlines, and emotions that surround debts and credit cards paralyzes a lot of people. There is a way out, a different approach to Credit Card issues.
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third key point

Open high–interest, low hassle accounts and negotiate fees for higher profits

fourth key point

If you want to get rich, you cannot escape investments

fifth key point

It is possible to save little amounts per month and still buy the things you love

sixth key point

You can save while sleeping by automating your accounts

seventh key point

You don’t need a financial adviser to make good financial predictions and decisions

eighth key point

You don’t have to be rich to invest in stocks and other funds

ninth key point

Conclusion

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What is I Will Teach You to be Rich about?

Who should read I Will Teach You to be Rich

Topics in I Will Teach You to be Rich

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Actually, yours is not a unique situation. Many adults like you have issues concentrating on a given task. However, in this fast-paced world of ours, you can’t afford to be not focused at all times. Thankfully, this article comes to your rescue! With the tips and tricks from Hyperfocus by Chris Bailey, you will get in the top percent of folks who have mastered the art of concentration.

Do you find yourself staring at your computer for long minutes, unaware of time slipping by? Do you enter a room and suddenly cannot remember why you stepped in the first place? Is it a herculean task for you to sit through ten pages of a book without reaching for your phone? If yes, your focus needs some work and fast.

Actually, yours is not a unique situation. Many adults like you have issues concentrating on a given task. However, in this fast-paced world of ours, you can’t afford to be not focused at all times. Thankfully, this article comes to your rescue! With the tips and tricks from Hyperfocus by Chris Bailey, you will get in the top percent of folks who have mastered the art of concentration.