I Will Teach
You To Be Rich
Hi. I'm Ramit.
I started this site in 2004 while I was studying technology and psychology at Stanford. Since I came from a middle-class family, the only way I could afford college was to pay my own way. That’s when I built a system to apply to 60+ scholarships. My hard work paid off and I earned enough to attend undergrad and grad school at Stanford. But when I got my first scholarship check, I invested it in the stock market…and immediately lost half my money. Oops.
That’s when I decided to learn how money really worked.
Remember that book, The Emperor Has No Clothes? I realized most money advice was irrelevant for people like you and me:
- Most money advice is about restriction. “No, you can’t buy lattes. No, you can’t go on vacation. No, you can’t buy a new pair of jeans. Save your money and wait until you’re 80…then you can use it.” No thanks.
- Money is too confusing. 401(K)s, HSAs, FSAs, asset allocation, expense ratios, P/E ratios, estate taxes…where are you supposed to start? And who do you trust?
- Nobody was talking about money psychology. You can have the “perfect” Excel model…but still feel scared of getting started. That’s because money is about more than math — it’s about psychology.
Fast forward to today. What I believe now.
What you'll find at I Will Teach You To Be Rich
This site started out of my college dorm room, but we now have a worldwide community of people who want to create their Rich Lives, their way. Inside you’ll find –