About Ramit

Quick download: Headshot / cover image of book

I graduated from Stanford in 2005, where I got my undergrad and master’s degrees and studied technology and psychology.

I co-founded PBwiki, a venture-backed startup.

I’m the author of this site, which hosts over 250,000 readers per month.

I’ve been featured in the press.

I have a list of my constantly updated bookmarks.

And I think that money is only a small part of being rich.

About I Will Teach You To Be Rich

I Will Teach You To Be Rich is a community focused on personal finance and entrepreneurship for college students, recent college grads, and everyone else. It hosts over 250,000 readers per month and 100,000+ newsletter subscribers. It’s been featured in most major media, including the Wall Street Journal, New York Times, NPR, ABC News, and CNBC.

Why I started this site

When I was in high school, coming from a middle-class family with four kids, my parents told me that if I wanted to go to college (which I had to, because I’m Indian), I’d have to get scholarships. I applied to over 70 scholarships and I still remember my first one: They wrote the $2,000 check to me, which I promptly invested, losing 50% of it in a couple months.

After that, I decided to learn about money so I didn’t lose the rest. I read the books and magazines, watched the TV shows, and realized there are a few simple steps to getting rich — and a lot of hype. Getting started is more important than being the smartest person in the room. It’s ok to make mistakes. Read a lot so you know when to call BS, but not too much–action is more important than reading. Ordinary actions get ordinary results. And there’s a difference between being sexy and being Rich.

Today, thousands of readers come to this site to focus on big wins — not to be nagged at for drinking lattes, but to spend money extravagantly on the things they love, while cutting costs mercilessly on the things they don’t.

The book

My book, I Will Teach You To Be Rich, was published by Workman Publishing on March 23, 2009 and was an immediate #1 Amazon bestseller. See book excerpts, reviews, and details.

The scholarship

In 2006, I launched my first scholarship for young entrepreneurs.

In 2009, I launched my second: The I Will Teach You To Be Rich Scholarship for Social Innovation.

The Premium tips: Scrooge Strategy

I offer premium savings tips at http://www.scroogestrategy.com

What I read

Yes, I’m a huge nerd so I have a What I read page.

Contact

Check the contact page