J. L. Collins (1)
Autor von The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
Andere Autoren mit dem Namen J. L. Collins findest Du auf der Unterscheidungs-Seite.
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The Simple Path to Wealth von J L Collins
I purchased this book almost five years ago, and I think this was the time in my life to finally read it. I see where this seems to be the OG for all the FIRE movement, and I loved the clear information presented here. I’m glad that I’ve been in research junkie mode about all of this money stuff as I understood everything the author shared; granted he broke it all down incredibly well, and it’s very doable.
½Why do people like this book? The advice is generally good, but you can read it other places instead of in this condescending book that advises you to have tremendous luck and privilege. Did you know that if you don't buy so much avocado toast, you'll have money to invest? Disgusting. Aimed at rich white men with engineering jobs and the income to match.
The Simple Path to Wealth
The Simple Path to Wealth Lessons and Key Takeaways
1. Save now. Save often. Save for the future.
2. Debt is a liability. Avoid being a liability by managing your money well.
3. Be financially independent by having your own money safety net.
4. Live below your means by spending less than you earn.
Biggest Takeaway:
Avoid debt and live life according to your values and money mindset.
Quote in Summary:
“Time is short. Use your time well by managing your money well.”… (mehr)
The Simple Path to Wealth Lessons and Key Takeaways
1. Save now. Save often. Save for the future.
2. Debt is a liability. Avoid being a liability by managing your money well.
3. Be financially independent by having your own money safety net.
4. Live below your means by spending less than you earn.
Biggest Takeaway:
Avoid debt and live life according to your values and money mindset.
Quote in Summary:
“Time is short. Use your time well by managing your money well.”… (mehr)
If you're only going to read one personal finance book, make it this one.
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