Kendall Giles

Here are two simple questions:

1. who wants to be healthy?
2. who wants to be rich?

Probably most of you raised your hands to both questions.

But considering that the National Center for Health Statistics reports that more than 34% of Americans are obese (and with another 33% overweight), and considering that the average American has about $10,000 in credit card debt, there seems to be a big difference between what people say they want to be (the answer to the above questions) and what they actually are (unhealthy and in debt).

I'll leave getting fit for another post, but at least there's a great resource you can tap if you actually want to be rich --- the unambiguously titled new book I Will Teach You To Be Rich.

The book contains a six-week program to get your finances in order, get you out of debt, and help you be rich. But it is important to note that this is not the typical "buy hot stocks" or "hedge funds are great" or "to be rich you need to be an expert in finance" investment books. Rather, this book contains basic, fundamental, core principles and steps you can actually implement, today, to get out of debt and save lots of money. For example, regarding credit cards, the author includes actual scripts you can use to turn the tables on the credit card companies (like the scripts the telemarketers use on you to get you to buy things) and get them to waive your finance charges, lower your APR, and resolve missed payments. The book also includes examples, solid advice, explanations and reasons, and practical tips for getting out of debt and becoming rich.

This book is best for those people in their 20's and 30's -- those most likely to make naive finance mistakes (like going into credit card debt) and those most able to take advantage of the long-term view to money management. But everyone can learn something from the book, from how to negotiate, how to automate your bills and investments, and how to make investment decisions that won't require you to spend a lot of your own time managing them and won't require you to become a finance expert beforehand.

From the current state of the economy, it is clear that a lot of people do not have a basic understanding of how to manage their money. If they really want to become rich, then they should buy the book and actually do something about it, starting today.

Currently available from Amazon in paperback or kindle editions.