1. “A unique voice on money,
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one singularly attuned to…his generation.”
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founder and writer of
ToBE No Guilt.
2. I Will Teach You to Be Rich
what to do
if You miss a payment
n obody’s perfect. Despite my warnings, I understand that accidents
happen and you might miss a payment at some point. When this
happens, I use my Indian heritage to beat the companies by negotiating
with them, and you can, too:
YOu: Hi, I noticed I missed a payment, and I wanted to confirm that
this won’t affect my credit score.
Credit Card rep: Let me check on that. No, the late fee will be
applied, but it won’t affect your credit score.
(Note: If you pay within a few days of your missed bill, it usually
won’t be reported to the credit agencies. Call them to be sure.)
YOu: Thank you! I’m really happy to hear that. Now, about that fee . . .
I understand I was late, but I’d like to have it waived.
Credit Card rep: Why?
YOu: It was a mistake and it won’t happen again, so I’d like to have
the fee removed.
(Note: Always end your sentence with strength. Don’t say, “Can
you remove this?” Say, “I’d like to have this removed.”) At this point,
you have a better-than-50-percent chance of getting the fee credited
to your account. But just in case you get an especially tough rep,
here’s what to say.
Credit Card rep: I’m very sorry, but we can’t refund that fee.
I can try to get you our latest blah blah marketing pitch blah blah. . . .
YOu: I’m sorry, but I’ve been a customer for four years and I’d hate
for this one fee to drive me away from your service. What can you do
to remove the late fee?
Credit Card rep: Hmm . . . Let me check on that. . . .Yes, I was able
to remove the fee this time. It’s been credited to your account.
You don’t believe me that it can be so simple? It is. Anyone can do it.
3. Get the full
About the book
At last, for a generation that's materially ambitious
yet financially clueless comes I Will Teach You To
Be Rich, Ramit Sethi's 6-week personal finance
program for 20-to-35-year-olds. A completely
practical approach based around the four pillars of
personal finance—banking, saving, budgeting, and
investing—and the wealth-building ideas of