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Concise yet insightful, this book is well worth the price. I would highly recommend this book.
Definately a book that I will be giving to all my kids. It is a great guideline on how to really get out of debt and start saving.
I have recommended this book to several friends and family, and I would recommend it to anyone trying to learn more about money and those who want to change their situation. It also underlines the point that you must give, and cannot let money rule you.
I applied The 5 Lessons to myself and have stuck by them since the day I finished the book. These lessons should be taught in schools for us to learn from a young age.
It gives step by step instructions on how to develop a plan to become wealthy and change your view on money. I have changed my mindset and views on money, while completely turning around my financial situation to be in the best shape its ever been in.
This book is short and simple to read. This book is perfect for people who do not have a plan for wealth, live paycheck to paycheck, are consumed by debt, or just want to learn how to manage their money better.
Perfect book for a recent high school or college grad, or newly-wed couple.
The reason why I got excited about this part is because of the excellent metaphors. But do we ever evaluate our money in terms of how it is doing. I particularly like the part - what the money is doing. Out of the 5 lessons, I got really excited about how the author explained lesson number 2 - Take Responsibility of Your Money. We spend so many hours earning it and refuse to spend a few more hours parenting our money.- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market. If we had an employee who sat around and did nothing, we would quickly fire him or her.
The author says that money can earn a lot more per year than our salaries.
We all go to school so that we can get an education, which, in turn, will help us get a job that will allow us to EARN money.
Instead we say that we don't have time to manage it and outsource the management of our money to someone else.
Within this lesson, he says that people should know how much money they have, where the money comes from, where the money is going, and what the money is doing.
Few of us do.
Earning is good, but little emphasis is placed on learning how to get our money to EARN for us.
The author says that taking care of money is like parenting where we cannot leave control of our children to someone else and just hope that they will turn out alright.
It is a big mistake.
Learn how to invest your money, how to pick stocks, and how to make money in the stock market
this is a very easy to read book that everyone should read. information is practical and applicable.
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