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Скачать или смотреть Money Lessons From Simple Path To Wealth (HOW TO GET RICH)

  • Pennies Not Perfection
  • 2022-01-07
  • 3526
Money Lessons From Simple Path To Wealth (HOW TO GET RICH)
jl collinsthe simple path to wealthsimple path to wealthpersonal financefire movementindex fundsearly retirementretire earlyfinancial independence retire early
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Описание к видео Money Lessons From Simple Path To Wealth (HOW TO GET RICH)

Learning money lessons from books like The Simple Path To Wealth have helped me so much in my financial journey!

The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life ➝ https://amzn.to/3qWrRUh

This book by JL Collins is one of the most recommended books in the FIRE community. FIRE is Financial Independence Retire Early and it's a community of people who are living far below their means to save up money in order to retire early and live the way they want.

When I first found out about the idea of FIRE I was not very interested. I love working and figured I would always work in some fashion. However, now that I'm working with fluctuating income I see the benefit in building up wealth in order to retire early - if I want to or need to!

The Simple Path to wealth is such a great book and it focuses on some of my favorite topics:
-- passive investing
-- using broad based index funds
-- tools for building wealth for FIRE
-- asset allocation for the different phases of building and preserving wealth
-- determining how much you need

And here are the five money lessons I learned from The Simple Path To Wealth:
-- Save a percentage of every dollar you make! (This is super important no matter what percentage you are starting with!)
-- Maintain a high savings rate (VERY important for pursuing Financial Independence Retire Early)
-- Avoid fiscally irresponsible people (You don't have to dump your friends but being around people who are smart with money can help you be smart too.)
-- Avoid money managers (I always like to tell people they are smart enough to figure out how to invest with index funds!)
-- Money can buy you anything you want in life (This includes freedom to spend your time how you want!)

If you want to read this great book you can find it at most libraries, bookstores, or on Amazon ➝ https://amzn.to/3qWrRUh


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**The information provided should not be relied upon as investment advice or recommendations, does not constitute a solicitation to buy or sell securities and should not be considered specific legal, investment or tax advice. Investing entails risk, including the possible loss of principal, and there is no assurance that the investment will provide positive performance over any period of time. I am not a professional and this channel is for entertainment purposes only. Do your own research!!

*Affiliate links. I get commissions for purchases you make through links shown here. It doesn't affect your purchase in any way and the commissions help support this channel. I only recommend items I personally use and appreciate the opportunity to share.

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