Engineer learning about personal finance.
Yes, I already recomended it to everyone at work!
yeah... Its not realy written like that so... all of them :-)
Just all the comparisons were benificial. (You'll understand when you listen to it)
How to reduce my "realized" income and in turn, reduce my taxable income.
Going to make all my kids read/listen to this book... (not right now though, 2 yrs old might be a little young)
Financial advice is a dull matter at best, especially for someone who doesn't know much about it. This book had a lot of short stories and anecdotes of grounding advice from those who have made it, and better yet, from those who never will.
This book has given me a language to solidify what I want and helped to define a financial common sense that I didn't quite understand before.
The book contains a lot of what I imagine must have been charts. They were very clearly read, however, and I was able to follow along easily. I found Cotter Smith very easy to pay close attention to.
High consumption lifestyles are not only undesirable, they are embarrassing. I have wealthy friends in my life that I once envied. Not anymore! I am happier with what I have, more frugal, and more content in the knowledge that those who flaunt their wealth are much more commonly "Big Hat, No Cattle." The story of the gentleman who turned down a Rolls Royce rang particularly true with me.
I approach my finances so differently after reading this book. I feel as though I have someone to look up to now, which is harder than it sounds because finances are something that are so rarely discussed.
Paint a picture of a variety of millionaires. Very dry. It is a book about being frugal and cheap rather than ideas on how to take good debts via solid correct and smart investments.
This book provides much needed information.
This is non-fiction. There is no story.
"Stop wasting your money on looking wealthy"
Cotter Smith's narration is disappointing. I am losing interest in this book because his narration lacks emphasis and has a bad rhythm. Played at 1x speed, his voice puts me to sleep. Played at 1.5x speed, it loses clarity. The text is great. The narration is horrible.
I should have heeded the reviews on this one that said the book was repetitive. Every chapter sounded exactly the same. The examples were very uninspired. There were some good suggestions about living frugally and saving but not worth the credit.
I got one valuable concept out of this book: play good defense before you up your offense. Apart from that, it seemed very repetitious. A lot of the detail was just not interesting to me. Take, for example, the chapter on cars. All I needed to know was: buy two-years used unless you have a reciprocal relationship with someone who owns a dealership. The story about the fax and the story about the author selling his own car were interesting, but all the details about X% of Y group bought Z car was boring and irrelevant.
I will say the narrator achieved what practically no other narrator does: he disappeared. I never once felt annoyed or jarred out of the story by his reading. It was fantastic.
On the whole, though, I'd recommend reading the Cliffs Notes on this one.
Great information but seemed they just went on and on about the topic til it was a dead horse. I'm still not finished listening because the last 2 hours have not taught me anything the first 2 didn't teach me.
cut out the fluff - some statistics good & the story illustrates the point well enough it didn't need to be repeated over and over
Confirmed what I've learned from other books, live on less than you earn. Save and invest & don't spoil your kids or they will be UAWs.
Yes. The facts included from research and real world examples made the points come to life in a very real way. It allowed the content to sink in and stick in my memory. In addition, the content was relevant to exactly what I wanted to know.
Describing how a typical medium income level earning person becomes a millionaire.
The concept of investing time in how to invest and bend everyday financial decisions into an orchestra building a symphony of wealth.
I recommend this to other people looking to build wealth from modest incomes. Or really any income level.