-
The Simple Path to Wealth
- Your Road Map to Financial Independence and a Rich, Free Life
- Narrated by: JL Collins, Peter Adeney
- Length: 6 hrs and 38 mins
Add to Cart failed.
Add to Wish List failed.
Remove from wishlist failed.
Adding to library failed
Follow podcast failed
Unfollow podcast failed
Buy for $19.95
No default payment method selected.
We are sorry. We are not allowed to sell this product with the selected payment method
Listeners also enjoyed...
-
I Will Teach You to Be Rich
- No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition)
- By: Ramit Sethi
- Narrated by: Ramit Sethi
- Length: 12 hrs and 8 mins
- Unabridged
-
Overall
-
Performance
-
Story
Buy as many lattes as you want. Spend extravagantly on the things you love. Live your rich life instead of tracking every last expense with Ramit Sethi’s simple, powerful, and effective six-week program for gaining control over your finances. This isn’t typical advice from a money expert. In this completely updated second edition, Ramit teaches you how to choose long-term investments and the right bank accounts. With his characteristic no-BS perspective, he shows how to squeeze every hidden benefit out of your credit cards.
-
-
Surprised by the negative reviews
- By Amazon Customer on 05-07-20
By: Ramit Sethi
-
The Psychology of Money
- Timeless Lessons on Wealth, Greed, and Happiness
- By: Morgan Housel
- Narrated by: Chris Hill
- Length: 5 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money.
-
-
Could be summarized in one sentence
- By Alex on 05-30-21
By: Morgan Housel
-
Quit Like a Millionaire
- No Gimmicks, Luck, or Trust Fund Required
- By: Kristy Shen, Bryce Leung, JL Collins
- Narrated by: Kristy Shen, JL Collins
- Length: 8 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
Kristy Shen retired with a million dollars at the age of 31, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the four percent rule and the Yield Shield - so you can quit the rat race forever.
-
-
She gives some bad advice.
- By Brian Bingham on 02-13-20
By: Kristy Shen, and others
-
The Millionaire Next Door
- The Surprising Secrets of America's Rich
- By: Thomas J. Stanley Ph.D., William D. Danko Ph.D.
- Narrated by: Cotter Smith
- Length: 8 hrs and 16 mins
- Unabridged
-
Overall
-
Performance
-
Story
Listen to the incredible national best seller that is changing people's lives - and increasing their net worth. Also available:
The Millionaire Mind.
-
-
Its OK to drive a Taurus!!
- By Stephen Dix on 03-30-05
By: Thomas J. Stanley Ph.D., and others
-
The Little Book of Common Sense Investing
- The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
- By: John C. Bogle
- Narrated by: L. J. Ganser
- Length: 5 hrs and 50 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
-
-
One star for every point this 5 hour book makes.
- By Matt on 01-31-19
By: John C. Bogle
-
Your Money or Your Life
- 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018
- By: Vicki Robin, Joe Dominguez, Mr. Money Mustache - foreword
- Narrated by: Vicki Robin
- Length: 11 hrs and 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
For more than 25 years, Your Money or Your Life has been considered the go-to book for taking back your life by changing your relationship with money. Hundreds of thousands of people have followed this nine-step program, learning to live more deliberately and meaningfully with Vicki Robin’s guidance. This fully revised and updated edition with a foreword by Mr. Money Mustache is the ultimate makeover of this best-selling classic, ensuring that its time-tested wisdom applies to people of all ages.
-
-
Not A Book About Finances
- By Tristan on 09-24-18
By: Vicki Robin, and others
-
I Will Teach You to Be Rich
- No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition)
- By: Ramit Sethi
- Narrated by: Ramit Sethi
- Length: 12 hrs and 8 mins
- Unabridged
-
Overall
-
Performance
-
Story
Buy as many lattes as you want. Spend extravagantly on the things you love. Live your rich life instead of tracking every last expense with Ramit Sethi’s simple, powerful, and effective six-week program for gaining control over your finances. This isn’t typical advice from a money expert. In this completely updated second edition, Ramit teaches you how to choose long-term investments and the right bank accounts. With his characteristic no-BS perspective, he shows how to squeeze every hidden benefit out of your credit cards.
-
-
Surprised by the negative reviews
- By Amazon Customer on 05-07-20
By: Ramit Sethi
-
The Psychology of Money
- Timeless Lessons on Wealth, Greed, and Happiness
- By: Morgan Housel
- Narrated by: Chris Hill
- Length: 5 hrs and 48 mins
- Unabridged
-
Overall
-
Performance
-
Story
Money - investing, personal finance, and business decisions - is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don’t make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together. In The Psychology of Money, award-winning author Morgan Housel shares 19 short stories exploring the strange ways people think about money.
-
-
Could be summarized in one sentence
- By Alex on 05-30-21
By: Morgan Housel
-
Quit Like a Millionaire
- No Gimmicks, Luck, or Trust Fund Required
- By: Kristy Shen, Bryce Leung, JL Collins
- Narrated by: Kristy Shen, JL Collins
- Length: 8 hrs and 40 mins
- Unabridged
-
Overall
-
Performance
-
Story
Kristy Shen retired with a million dollars at the age of 31, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the four percent rule and the Yield Shield - so you can quit the rat race forever.
-
-
She gives some bad advice.
- By Brian Bingham on 02-13-20
By: Kristy Shen, and others
-
The Millionaire Next Door
- The Surprising Secrets of America's Rich
- By: Thomas J. Stanley Ph.D., William D. Danko Ph.D.
- Narrated by: Cotter Smith
- Length: 8 hrs and 16 mins
- Unabridged
-
Overall
-
Performance
-
Story
Listen to the incredible national best seller that is changing people's lives - and increasing their net worth. Also available:
The Millionaire Mind.
-
-
Its OK to drive a Taurus!!
- By Stephen Dix on 03-30-05
By: Thomas J. Stanley Ph.D., and others
-
The Little Book of Common Sense Investing
- The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
- By: John C. Bogle
- Narrated by: L. J. Ganser
- Length: 5 hrs and 50 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.
-
-
One star for every point this 5 hour book makes.
- By Matt on 01-31-19
By: John C. Bogle
-
Your Money or Your Life
- 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018
- By: Vicki Robin, Joe Dominguez, Mr. Money Mustache - foreword
- Narrated by: Vicki Robin
- Length: 11 hrs and 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
For more than 25 years, Your Money or Your Life has been considered the go-to book for taking back your life by changing your relationship with money. Hundreds of thousands of people have followed this nine-step program, learning to live more deliberately and meaningfully with Vicki Robin’s guidance. This fully revised and updated edition with a foreword by Mr. Money Mustache is the ultimate makeover of this best-selling classic, ensuring that its time-tested wisdom applies to people of all ages.
-
-
Not A Book About Finances
- By Tristan on 09-24-18
By: Vicki Robin, and others
-
Set for Life
- Dominate Life, Money, and the American Dream
- By: Scott Trench
- Narrated by: Scott Trench
- Length: 8 hrs and 24 mins
- Unabridged
-
Overall
-
Performance
-
Story
Are you tied to a nine-to-five workweek? Would you like to “retire” from wage-paying work within 10 years? Are you in your 20s or 30s and would like to be financially free - the sort of free that ensures you spend the best part of your day and week, and the best years of your life, doing what you want? Building wealth is always possible, even while working full-time, earning a median income, and making up for a negative net worth. Set for Life gives young professionals the fiscal confidence they need to conquer financial goals early in life.
-
-
Amazing content! a must for young professionals!
- By Cassandra Geary on 05-16-18
By: Scott Trench
-
Choose FI: Your Blueprint to Financial Independence
- By: Chris Mamula, Brad Barrett, Jonathan Mendonsa
- Narrated by: Chris Mamula, Brad Barrett, Jonathan Mendonsa
- Length: 6 hrs and 23 mins
- Unabridged
-
Overall
-
Performance
-
Story
Distilling the best of the popular ChooseFI podcast, this audiobook pulls from the collective knowledge of those who have decided to build a lifestyle around their passions instead of allowing their finances to dictate their future. These stories demonstrate universal principles, giving you the opportunity to pick the elements that are the most applicable to your financial situation and “choose your own adventure”. The audiobook covers a wide range of topics that will help you build a strong financial foundation.
-
-
Keep and invest you money instead of this book
- By Janice Irizarry on 01-29-20
By: Chris Mamula, and others
-
The Bogleheads' Guide to Investing
- Second Edition
- By: Taylor Larimore, Mel Lindauer, Michael LeBoeuf, and others
- Narrated by: Barry Abrams
- Length: 10 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
The Bogleheads' Guide to Investing is a DIY handbook that espouses the sage investment wisdom of John C. Bogle. This witty and wonderful book offers contrarian advice that provides the first step on the road to investment success, illustrating how relying on typical "common sense" promoted by Wall Street is destined to leave you poorer. This updated edition includes new information on backdoor Roth IRAs and ETFs as mainstream buy-and-hold investments, estate taxes and gifting, plus changes to the laws regarding Traditional and Roth IRAs, and 401k and 403b retirement plans.
-
-
Reads you charts,why no PDF supplement?
- By m on 05-22-20
By: Taylor Larimore, and others
-
A Course in Miracles Made Easy
- Mastering the Journey from Fear to Love
- By: Alan Cohen
- Narrated by: Alan Cohen
- Length: 9 hrs and 32 mins
- Unabridged
-
Overall
-
Performance
-
Story
A Course in Miracles (ACIM) - the self-study spiritual-thought system that teaches the way to love and forgiveness - has captivated the minds and captured the hearts of millions of people. Delivering inner peace where fear and pain once prevailed, its universal message is unsurpassed in its power to heal. Yet many students report that they have difficulty grasping the principles or keeping up with the lessons. So even while they yearn for the spiritual freedom the course offers, they put the book aside, hoping to get to it one day.
-
-
A Must Listen
- By Kimberly on 10-07-17
By: Alan Cohen
-
The Total Money Makeover
- A Proven Plan for Financial Fitness
- By: Dave Ramsey
- Narrated by: Dave Ramsey
- Length: 3 hrs and 41 mins
- Abridged
-
Overall
-
Performance
-
Story
Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. There's one sure way to whip your finances into shape, and that's with The Total Money Makeover. It's the simplest, most straight-forward game plan for completely making over your money habits. And it's based on results, not pie-in-the-sky fantasies.
-
-
This guy makes sense
- By Alexandra on 02-11-14
By: Dave Ramsey
-
Everybody, Always
- Becoming Love in a World Full of Setbacks and Difficult People
- By: Bob Goff
- Narrated by: Bob Goff
- Length: 5 hrs and 33 mins
- Unabridged
-
Overall
-
Performance
-
Story
In his entertaining and inspiring follow-up to Love Does, Bob Goff takes listeners on a journey into the secret of living without fear, constraint, or worry. This liberated existence we all long for is as simple to say as it is difficult to do: We are called to love everybody, always – even when it’s really difficult.
-
-
Did not realize this was a christian book
- By Amazon Customer on 04-03-19
By: Bob Goff
-
The Marshmallow Test
- Mastering Self-Control
- By: Walter Mischel
- Narrated by: Alan Alda
- Length: 7 hrs and 54 mins
- Unabridged
-
Overall
-
Performance
-
Story
In The Marshmallow Test, Mischel explains how self-control can be mastered and applied to challenges in everyday life - from weight control to quitting smoking, overcoming heartbreak, making major decisions, and planning for retirement. With profound implications for the choices we make in parenting, education, public policy and self-care, The Marshmallow Test will change the way you think about who we are and what we can be.
-
-
Not a sweet solution pill, but still can be swallowed.
- By ealtan on 02-17-15
By: Walter Mischel
-
The Richest Man in Babylon
- By: George S. Clason
- Narrated by: Grover Gardner
- Length: 4 hrs and 4 mins
- Unabridged
-
Overall
-
Performance
-
Story
A modern day classic, The Richest Man in Babylon dispenses financial advice through a collection of parables set in ancient Babylon. These famous "Babylonian parables" offer an understanding of - and solution to - a lifetime's worth of personal financial problems, and hold the secrets to acquiring money, keeping money, and earning more money.
-
-
Better Financial Control, Better Quality of Life
- By will on 08-31-14
By: George S. Clason
-
Unshakeable
- Your Financial Freedom Playbook
- By: Tony Robbins
- Narrated by: Tony Robbins, Jeremy Bobb
- Length: 7 hrs and 21 mins
- Unabridged
-
Overall
-
Performance
-
Story
After interviewing 50 of the world's greatest financial minds and penning the number-one New York Times best seller Money: Master the Game, Tony Robbins returns with a step-by-step playbook, taking you on a journey to transform your financial life and accelerate your path to financial freedom. No matter your salary, your stage of life, or when you started, this book will provide the tools to help you achieve your financial goals more rapidly than you ever thought possible.
-
-
a one sentence summary....
- By Martin on 03-04-17
By: Tony Robbins
-
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime
- By: MJ DeMarco
- Narrated by: MJ DeMarco
- Length: 12 hrs and 46 mins
- Unabridged
-
Overall
-
Performance
-
Story
Since you were old enough to hold a job, you've been hoodwinked to believe that wealth can be created by blindly trusting in the uncontrollable and unpredictable markets: the housing market, the stock market, and the job market. I call this soul-sucking, dream-stealing dogma "The Slowlane" - an impotent financial gamble that dubiously promises wealth in a wheelchair. For those who don't want a lifetime subscription to "settle-for-less", there is an alternative.
-
-
Wayyyy to long BUT one of the BEST books around !!
- By Tony Rogers Jr on 04-18-18
By: MJ DeMarco
-
Retire Before Mom and Dad
- The Simple Numbers Behind a Lifetime of Financial Freedom
- By: Rob Berger
- Narrated by: Rob Berger
- Length: 6 hrs and 43 mins
- Unabridged
-
Overall
-
Performance
-
Story
It’s time to claim your financial freedom. All you need is a road map to follow, and you can create a life most people only dream about. A life free from financial stress. A life full of what matters most to you. In Retire Before Mom and Dad, you’ll learn how to unlock the superpower inside of you that is capable of transforming almost any income into lasting financial freedom.
-
-
Excellent personal finance book!
- By Chicago on 09-15-19
By: Rob Berger
-
Money: Master the Game
- 7 Simple Steps to Financial Freedom
- By: Tony Robbins
- Narrated by: Tony Robbins, Jeremy Bobb
- Length: 21 hrs and 3 mins
- Unabridged
-
Overall
-
Performance
-
Story
Tony Robbins has coached and inspired more than 50 million people from over 100 countries. More than four million people have attended his live events. Oprah Winfrey calls him "super-human". Now for the first time - in his first book in two decades - he's turned to the topic that vexes us all: How to secure financial freedom for ourselves and our families.
-
-
MEH... way too much RAH RAH RAH, not enough advice
- By The Carcissist on 01-21-18
By: Tony Robbins
Publisher's Summary
This book grew out of a series of letters to my daughter concerning various things - mostly about money and investing - she was not yet quite ready to hear.
Since money is the single most powerful tool we have for navigating this complex world we've created, understanding it is critical.
"But Dad," she once said, "I know money is important. I just don't want to spend my life thinking about it." This was eye-opening. I love this stuff. But most people have better things to do with their precious time. Bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run.
Unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world. The people who make investing endlessly complex, because if it can be made complex it becomes more profitable for them, more expensive for us, and we are forced into their waiting arms.
Here's an important truth: Complex investments exist only to profit those who create and sell them. Not only are they more costly to the investor, they are less effective.
The simple approach I created for her and present now to you is not only easy to understand and implement, it is more powerful than any other.
Together we'll explore:
- Debt: why you must avoid it and what to do if you have it
- The importance of having f-you money
- How to think about money, and the unique way understanding this is key to building your wealth
- Where traditional investing advice goes wrong and what actually works
- What the stock market really is and how it really works
- Why the stock market always goes up and why most people still lose money investing in it
- How to invest in a raging bull or bear market
- Specific investments to implement these strategies
- The Wealth Building and Wealth Preservation phases of your investing life and why they are not always tied to your age
- How your asset allocation is tied to those phases and how to choose it
- How to simplify the sometimes confusing world of 401(k), 403(b), TSP, IRA, and Roth accounts
- TRFs (target retirement funds), HSAs (health savings accounts), and RMDs (required minimum distributions)
- What investment firm to use and why the one I recommend is so far superior to the competition
- Why you should be very cautious when engaging an investment advisor and whether you need to at all
- Why and how you can be conned, and how to avoid becoming prey
- Why I don't recommend dollar cost averaging
- What financial independence looks like and how to have your money support you
- What the Four Percent Rule is and how to use it to safely spend your wealth
- The truth behind Social Security
- A case study on how this all can be implemented in real life
Critic Reviews
Featured Article: 20 Best Finance Audiobooks for Amateurs and Masters Alike
Whether you’re a complete newbie or a seasoned investor, there’s sure to be a finance audiobook that will provide you not only with helpful, interesting information, but also with a listening experience sure to keep you engaged and focused. We’ve cultivated everything you need to get started, from long-term investing principles to increasing your overall net worth in big ways, with this list of the 20 best finance audiobooks from our catalog.
More from the same
What listeners say about The Simple Path to Wealth
Average Customer RatingsReviews - Please select the tabs below to change the source of reviews.
-
Overall
-
Performance
-
Story
- Cody Peralta
- 07-19-19
Misleading, heavily biased
This is a really long advertisement for the Vanguard index fund. According to the author, the simple investment plan is to put your money in one, and that’s it.
There. I just saved you 6 hours.
This book is not about wealth accumulation. It's an advocacy piece preaching for only for one single investment vehicle. If it was a book intended for education, it would present you pros and cons, options to consider, and decision frameworks. This book does not do any of those things. Though the author says he's not affiliated with the fund, it does sound like a 6-hour sales presentation.
He doesn’t mention real estate nor how you can start your business. He doesn’t go into means of cash flow, life insurance plans, commodities. He doesn't explain how velocity and leverage works. You’re not supposed to work with any advisors. Don’t bother trading your own stocks because you won’t be good at it. No one is good at it. He repeatedly bashes other investment opportunities. No matter who you are, what your lifestyle is, what your career goals, what life circumstance you’re in, the Vanguard index fund is guaranteed to make anyone rich. It’s the ultimate panacea. You don’t need anything else ever.
As a reader, you need to know there’s never been a one-size-fits-all investment strategy for everyone ever. You should be very cautious of anyone saying there's only one way to become wealthy. That is an absolute lie.
That said, you'll be well-versed in the Vanguard index fund, but potentially ignorant about everything else.
If you listen to this book, the bias is blatantly clear. It would be more accurate to rename the book “Why the Vanguard Index Fund is the Best (and Why Everything Else is Not.)”
188 people found this helpful
-
Overall
-
Performance
-
Story
- Nice Joy
- 11-22-17
I have listened to a lot of audio books but this
This one is different. I have listened to this book over and over again. First step before you do any financial decisions is to read this book. The hours you spend listioning this book is your MOST PAID HOURS IN YOUR LIFE. Thank you JLC for your contribution.
53 people found this helpful
-
Overall
-
Performance
-
Story
- Chris Hogan
- 04-08-18
Great Book!! Get a physical copy though.
I loved almost all of the financial advice given in this book. I will now go and buy a physical copy of it to reference for years to come. I wasn’t a big fan of the audio version though, for a few reasons.
1. The information needs to be readily available for reference. I need to highlight things and be able to go back and forth in the book. 2. There are a LOT of numbers be cited. Percentages and dollar amounts that don’t register as well when being read to you. You need to see them to be able to process them better. 3. Most audio books are listened to while doing other tasks - driving, exercising, etc. I feel like this book needs your full attention. Your finances and future wealth should warrant more than just background noise with a good story. You need to take notes, look up things, etc. Overall, fantastic book!!! But get a physical copy, you will get more from it.
238 people found this helpful
-
Overall
-
Performance
-
Story
- J2014
- 03-30-18
Simplest and Best Book on Personal Finance
Any additional comments?
Personal Finance is often so over complicated. This is the first book I've encountered that simplifies the subject. It is easily digestible and makes a ton of sense. I wish I would have followed the principles in my twenties. Now in my early thirties, I am going to start implementing it. If you want to get out of debt and start living the life you've always wanted then pick up this book. This is the only book on personal finance I can recommend. Save 50% of your income, live below your means, invest in low cost index funds, and avoid debt. Sounds pretty easy right?
34 people found this helpful
-
Overall
-
Performance
-
Story
- AC
- 07-09-17
Lives up to its title . . . and then some
Any additional comments?
Oh how I wish: (a) this book had existed back when I was just graduating from college, (b) somebody had given this book to me, and (c) I had listened to every word in it.
This is one of those "If I knew then what I know now" books. The lessons in here are priceless. Everybody should read this book and heed the advice in it.
The best part is you don't have to be all that interested in finance or 401(k)'s or any of that stuff. In fact, if you really dislike such things, this is probably the perfect book for you. JL Collins takes these complicated and boring financial matters and does two nice things for you: (1) throws out all the crap you don't need to know, and (2) explains what you do need to know in layman's terms that anybody can understand. So not only is the wisdom in this book chockfull of solid gold nuggets on a need-to-know basis, but the delivery is crystal clear and simple to follow in practice.
Speaking of the delivery, OMGoodness does JL Collins have a superb voice for the audiobook format. He reminds me of David McCullough. He has the kind of deep grandfatherly "gather 'round the campfire for a story" voice. It's fabulous.
In summary, this book is worth every penny. Along with a handful of other "quake books" that changed my life for the better, this one is getting added to that list (right alongside John C. Bogle's "The Little Book of Common Sense Investing"). I can't recommend this book enough. Get it for yourself. Listen to it. Make your kids listen to it. Your siblings. Your friends. Your parents. The lessons in it are too valuable not to share with everybody you know.
106 people found this helpful
-
Overall
-
Performance
-
Story
- jagroop
- 07-10-18
Best book I have read so far on investing.
Stop reading reviews. Just get it. your future self will thank you. So simple and effective.
24 people found this helpful
-
Overall
-
Performance
-
Story
- Mike
- 12-10-18
Buy and Hold VTSAX
Book about how to invest simply, but does not touch much on the other aspects of personal finance. Collins loves Vanguard, specifically VTSAX, which has a low expense ratio and tracks the market well. His logic is that capitalism works, so investing in this basket of roughly 1,500 stocks will manage itself.
Key takeaways: Don’t worry about timing the market, spend a lot less than you make if you want to retire early, pay off debt that is more than 5% interest, don’t spend too much on a house, and take advantage of tax-incentive retirement plans.
Collins makes the claim that almost all personal finance workers (ie. Investment Advisors and Broker Dealers) are crooks and if you must work with someone in the profession, work with a fee-only advisor to save your money. Given that each person’s situation can be uniquely different, do not care for this argument much because most people cannot stomach strong down turns without someone talking them off the cliff of selling. If you can stick to the buy-and-hold strategy on your own, this book is for you.
37 people found this helpful
-
Overall
-
Performance
-
Story
- Karissa Eckert
- 08-14-19
Well done, geared toward younger investors
This was a good read about working towards financial independence and striving towards that goal in a very simple way. It focuses a lot of doing this through Vanguard Index funds. However, I also really liked some of the chapters that go through how other savings plans work (IRAs, 401Ks, HSAs).
This book is narrated by the author and he does a good job reading it, I have no complaints about the narration.
My only complaint is that I feel like this book is really geared towards someone who is just starting on their financial journey. There's a lot of info in here I would love to make sure my son knows when he gets into his 20's (his 12 right now and we talk about investing and saving some already).
I felt like there was less info on how to deal with getting to the point of financial independence when you've already made some blunders and are in your 40's (like I am). Unfortunately, some of the ideas presented here seem a bit like pipe dream when you are already as invested in your life style and savings scheme as I am.
Still, even with the above being said I learned some good things from this book. It's definitely urging me to take a closer look at the financial fees and structure of all of the investments I already have and to reconsider some of the ways my portfolio is invested. I really loved the part on HSAs, we've been talking about starting to max out our HSA each year and now I am convinced that's a good idea.
Overall this is a great read for everyone. I would recommend for those who are interested in becoming financially independent or to those who are just interested in investing strategies for becoming more financially independent.
15 people found this helpful
-
Overall
-
Performance
-
Story
- Richard R
- 11-24-18
6 hours of repeating the same 5 minutes
SIMPLE equals start saving in a index fund, Namely, a Vanguard brand such as VTSAX or VTSAX or VTSAX or VTSAX or some other Vanguard index fund, But VTSAX also invests in them as well. Oh and by the way, start saving 40 years before you want to retire. Now, If you are already able to establish a family budget; spend less than you earn; invest in the rest without watching it too closely AND leave it to ride for 30 to 40 years you will average 8 to 11% increase per year as the market constantly marches upward over the long run. The path is that Simple. He does state at the beginning that the name of the book is NOT the EASY path to wealth. Unfortunately, it is not easy unless you had extra cash in the 80's. With that being said, I have saved you 6 hours and 35 minutes that should be spent looking for a helpful book on actually creating a budget to spend less than you earn and invest for the long run.
143 people found this helpful
-
Overall
-
Performance
-
Story
- Joshua
- 06-30-17
Fantastic!
I've read six or seven early financial independence books recently and this one is the best. I like the author's down-to-earth style and overall presentation. A great listen!
26 people found this helpful
-
Overall
-
Performance
-
Story

- Amazon Customer
- 10-22-18
A good guide for investing and good tips.
I found this book interesting and it offers good tips and guides for investing and becoming financially independent - It is, however, very American-centric as this is the culture that the author is writing from. I found this difficult to translate into a European model, particularly being a complete beginner. I did, however, find that there was some really good tips and advice on finances in general and is definitely a good guide for a beginner but I did find it very American based so difficult to follow from a European perspective.
36 people found this helpful
-
Overall
-
Performance
-
Story

- Van Dieu
- 09-10-19
Approach with caution
JL Collins is a hero to the FIRE community, and his book is responsible for instilling in the community some unviolable axioms:
- Stocks are the best place for your money
- Index investing beats everything else
- Dump it all in Vanguard
- Simplify (it's in the title, duh)
- Don't time the market, don't cost-average
- Forget about it, the market always goes back up
Unfortunately these lines of thinking have become the orthodoxy in the community to the point where anything else is scorned and considered sub-optimal. I personally hate the book for this reason. As a more sophisticated investor who is fascinated by economics and finance I recognise this book is not primarily aimed at me, but I take issues with basically all of the steadfast principles of this book. His idea of risk management is a 10% sliver to bonds. It's breathtakingly negligent, but of course this is how bull markets develop and subsequently die.
33 people found this helpful
-
Overall
-
Performance
-
Story

- Anonymous User
- 08-07-21
US focus
good book, however too much focus on the US. would be better to collaborate with people across the world to get better insight in tax schemes and retirement plans
5 people found this helpful
-
Overall
-
Performance
-
Story

- E. McLaughlan
- 05-03-21
over simplistic
there's not really much in this. how it was spun out to book length is a question. learn to live on less than you earn and invest in an index tracker. there's really not much more than that here.
3 people found this helpful
-
Overall

- Mr J Chagger
- 01-24-20
Essential reading for a beginner investor
Great book, anyone looking to start investing should read this first then make the next step!
3 people found this helpful
-
Overall
-
Performance
-
Story

- Anonymous User
- 06-06-19
Very simple, yet powerful!
I love this book. Very simple, yet powerful! It really has the potential to change lives!
3 people found this helpful
-
Overall
-
Performance
-
Story

- H
- 12-11-21
US oriented
Interesting and practical approach to personal finances, but very US oriented, meaning much of it doesn't apply to other countries
2 people found this helpful
-
Overall
-
Performance
-
Story

- fizzler
- 08-27-21
Really enjoyed this!
I have read quite a few books on the general topic of wealth and investment and really enjoyed this one. Well structured, easy to listen to and simple actionables.
The reason I felt compelled to write this review was because of the comments and reviews saying the this was only applicable to the US. I nearly didn't buy it for the reason! Yes, there are a lot of US focused discussions, but the simple principles are universally applicable. I am from the UK.
2 people found this helpful
-
Overall
-
Performance
-
Story

- Mads Jensen
- 04-04-19
Lots of information but surprisingly easily "read"
This is a one stop book on how to plan for maximum freedom in your future. It's very detailed and yet very accessible. Collins reads the book formidably and comes across very trustworthy.
Highly recommended.
2 people found this helpful
-
Overall
-
Performance
-
Story

- Jtoye
- 04-16-22
Well written and easy to understand.
I enjoyed listening to this book. It made investing simple and suggested ways to access. Debt was discussed in a short, simple and to the point. I did not get bored with book. I will read it again in hard copy which I have now ordered.
1 person found this helpful
-
Overall
-
Performance
-
Story

- Starbuck
- 11-14-18
Love the book and love the narration
This book has so much relevance, even for Australia. There are chapters relating to 401K but I even managed to get useful info out of those chapters. Every Mum and Dad investor or young person starting out in life should read this.
I am close to retirement and learnt so much but wish I had read something like this 30 years ago.
I could seriously listen to this guy all day. I believe he has retired now but he could get a job on the side narrating.
1 person found this helpful
-
Overall
-
Performance
-
Story

- Carla
- 01-22-19
Just OK
A lot of the book was lost on me as I’m not in the US. I ended up skipping quite a few chapters because of that.
2 people found this helpful
-
Overall
-
Performance
-
Story

- Anonymous User
- 02-07-22
A great read
An excellent easy to listen to investment book- cementing the benefits of simplicity and indexing and managing our behaviour to achieve long term results
-
Overall
-
Performance
-
Story

- Anonymous User
- 11-09-21
Ageless Advice in securing one's future.
Aside for Mr Collins brilliant book I also would like to thank Andrei Jikh for putting me onto a great book.
-
Overall
-
Performance
-
Story

- Anonymous User
- 10-28-21
Wish I had read/ listened to this book earlier
I would recommend this book to everyone looking for advice on financial independence. I only just stumbled onto this book and wish I had read it earlier. The author is great to listen to and I devoured this book in two days.
-
Overall
-
Performance
-
Story

- Anonymous User
- 10-08-21
Best book for anyone seeking financial independence
Great book, 100% recommend. Anyone seeking early retirement or simple wanting to build wealth will appreciate this book and the narration is perfect
-
Overall
-
Performance
-
Story

- Anonymous User
- 07-11-21
Strategised wealth accumulation book - Great for young adults or any age really..
It is a great book for young adults for wealth accumulation, I am from Australia and not young adults lol! Yes, it is true that the stock and funds he mentioned are not available in Australia, but more importantly, it gives you the basic principal and step by step of wealth accumulation for anyone who doesn’t have the concept of it—- which is almost everyone(or just my teenager kids…) because of the current world’s education system. I think it is a great book for youngsters (or any age really, but youngsters are the best) who started work and got a bit lost in between as in what to do(what career path…). Well written and so grateful to be stumbling upon it in a FB group~
-
Overall

- Anonymous User
- 01-31-21
Easy to follow for a novice
Helpful book that offered clear ways to understanding investing and ideas about financial independence. As I am in Australia and not the U.S. there was a chuck that I tuned out of but most of the chapters were useful
-
Overall
-
Performance
-
Story

- Anonymous User
- 12-16-20
Good, but unrealistic
simple rules to follow, however have no debt and invest 50 percent is for people with rich parents, not the average human.
-
Overall
-
Performance
-
Story

- Anonymous User
- 08-10-20
Simply powerful
A very simple and powerful way to build and keep your wealth. As easy as 1, 2 & 3