Choose 1 Non-Fiction Book,Write a concise plot synopsis, detailing the plot

The non-fiction book I have chosen is “I Will Teach You To Be Rich” by Ramit Sethi. This book was published in 2009 and has become a bestseller since.

The book starts off with an introduction to the idea of “richness”, emphasizing that it is not just about money but also about living life on your own terms. The author then goes into detail about understanding automated financial systems and how to use them for maximum benefit. He explains why automating your finances is important and how it can make you rich over time. He covers topics such as setting up direct deposit with employers, using online banking systems, creating budgets, investing in mutual funds, setting up retirement plans like Roth IRA’s, and avoiding credit card debt.

Choose 1 Non-Fiction Book,Write a concise plot synopsis, detailing the plot

In the second part of the book titled “Knowledge Is Power” Sethi gives readers detailed advice on how they can leverage their knowledge to make more money. He provides strategies for negotiating salary raises or finding new opportunities at other companies as well as starting one’s own business or side hustle. Additionally, he discusses things like taxes and insurance which are essential when making investments or dealing with other aspects of personal finance. The chapter ends with some additional tips such as understanding inflation rates or taking advantage of any employer matching programs available for 401(k)s or IRAs.

After this section comes “Saving & Investing Primer” where Sethi outlines different types of investments available (e.g stocks, bonds etc.) and helps readers decide what asset allocation makes sense for their particular situation based on risk level and desired returns from those investments over time period specified by reader himself/herself . After covering various investment tools (including ETFs), he moves on to explaining basics of retirement planning – discussing popular options such as 401(k)s , IRAs , Roth IRAs etc.. alongwith importance associated with them .

In the fourth part called ‘Spending Smarter’ , the author shares his views on smart spending habits – both short term goals like vacations/holidays versus long run ones like buying cars & homes,, stressing upon fact that people should prioritize spending based upon needs rather than wants . He then dives into details surrounding psychology behind consumer behavior & also talks about tricks used by marketers so that buyers remain oblivious towards true cost associated with buying lifestyle items/luxuries . In addition to this discussion , there is also focus given onto services which allow tracking expenses & suggest potential areas where user could save money without compromising too much onto quality front . Towards end chapters discuss topic related to building strong credit score via handling credit cards correctly & exploring alternative options if traditional methods fail .
Towards last section titled ‘Protect Your Wealth’ ,focus shifts onto protecting wealth acquired via above discussed processes by minimizing effect associated with common pitfalls present within market e..g taxes/inflation etc… Author suggests ways through which reader can protect acquired wealth even if markets go sour all around him thus allowing him/her peace mind during tough times This section concludes after discussing importance protecting assets legally via proper estate planning methodologies (Wills / trusts / life insurances )

At end of his enlightening journey through world personal finance management ,author sums up key points covered throughout course this wonderfully written masterpiece alongside providing an array encouraging words equip readers take control their finances headstrong confidently