Your friends and family will have lots of “tips” once you begin your financial journey. Listen politely, then stick to the program. - Ramit Sethi

why I hate Wells Fargo and Bank of America. These big banks are pieces of shit. They rip you off, charge near-extortionate fees, and use deceptive practices to beat down the average consumer. Nobody will speak up against them because everyone in the financial world wants to strike a deal with them. I have zero interest in deals with these banks. If you use them, don't. You're asking to be mistreated if you do. Google "Ramit best accounts" for the best checking and savings accounts and credit cards. I make no money from these recommendations. I just want you to avoid getting ripped off.

Do you need to be the Iron Chef to cook a grilled-cheese sandwich? No, and once you make your first meal, it'll be easier to cook the next most complicated thing.

The truth is that the vast majority of young people don't need a financial adviser to help them get rich. We need to set up accounts at a reliable no-fee bank and then automate savings and bill payment.