What I Didn't Learn from My Financial Planner But Wish I Had not only challenges what many people think is required to become wealthy, but it exposes the financial planning industry's tactics which are often used to make themselves wealthy at their clients expense. It also poses many questions the author faced at the beginning of his journey to millionaire status, such as "If your financial planner can show you how to become wealthy and live the life of your dreams, then why haven't they done it themselves?"
This book shares the author's personal journey from being broke, $150,000 in debt, and sleeping on a friend's couch with no future prospects 12 years ago, to his extraordinary millionaire lifestyle and the success he enjoys today. The book highlights how getting a financial education and finding a millionaire mentor is critical in achieving millionaire status - while taking advice from a financial planner can actually hinder your chances of achieving great wealth.
It took 35 minutes of Jamie McIntyre talking about why he's so successful and what he's accomplished before he starts talking about anything substantive.
There's also a good 10 minutes about why Australia is down on rich folks.
Hoping this gets to some serious education soon... bla bla bla
The reason many people are not rich is because they're not taught financial planning in school... the 2nd reason is ... bla bla bla... The whole first chapter sounds like a sell job to buy the book, but I already have!
4 of 4 people found this review helpful
Instead of telling me what I should know that my planner didn't tell me, this book is just one long attack on the financial planning industry within Australia.
I was pretty disappointed and have since deleted it from my library.
3 of 3 people found this review helpful
Could barely get through part one due to boredom, however there are a few interesting points along the way. Not to motivated to listen to part two, but since I paid for it already I'm going to see if I can take a few helpful points away from it.
1 of 1 people found this review helpful
No substance, lots of repetitive self promotion, legal disclaimers and no practical information. Same feelings like after watching “Make millions on Internet” infomercials on TV. I regret wasting my time and money..
1 of 1 people found this review helpful
Like every book there are nuggets of wisdom here, especially if you have never read any type of finance book, but as a whole this is garbage. I was going to give it a neutral rating until the author devotes the whole last chapter to The Secret – a cult book and concept that is been absolutely debunked by the mainstream. It says "just visualize checks coming to you in the mail and they will ". Even Oprah Winfrey apologized for recommending that book so why this author couldn't see right through that bullshit, I don't understand.
All you need to know is: financial planners charge a lot of fees and don't act in your best interest. Pay off your credit cards and go pick up some real books about financial planning. This author quotes Robert Kiyosaki, which is not bad for a true beginner, but you're still better off just listening to Dave Ramsey on the radio… He has some books too. If you really want to understand stocks and bonds… A Random Walk Down Wall Street is a good beginning book, and timeless.
Just be wary of how people rate books… I've read dozens of finance books and have 2 degrees in finance, and this is one of the worst books i've read. I almost put it down, but he kept alluding to some planning techniques he would explain… Which he never did. The only one getting rich from this book, is the author.
I suffered through about 2/3 of this. Never have I spent money so poorly before. The redundancy just goes on and on. Had he been forced to put this information in a 20 minutes presentation he wouldn't have to delete anything. Don't waste your money. I'm sorry I did.