First to a Million: A Teenager's Guide to Achieving Early Financial Independence

Sheeks, Dan

ISBN 10: 1947200461 / ISBN 13: 9781947200463

Editore: Biggerpockets Publishing, LLC, 2021

Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less. Codice articolo G1947200461I3N00

Riassunto:

Change the way you look at money before you turn 20—and become a FI Freak!

Most teenagers are told about only one financial path: Work until you’re old and then retire. But what if you want to spend your adult life traveling, creating, or bettering the world instead of working all day, every day?

Financial independence (FI) is the only way to win the resource you can’t rewind: time. Time for yourself, time for your family and friends, and time for your dreams. Build the freedom to define your own future by building a strong financial base—which means saving more, spending less, and starting to invest as soon as possible.

First to a Million explores the many advantages of FI while explaining the secrets of investing, living frugally, and maintaining an entrepreneurial mindset. Treating your finances differently than the average teenager will put you miles ahead of your peers, and with time (and compounding) on your side, you can win the game before it even starts!

Inside the Book, You’ll Learn:

Why the typical American Dream pathway is not for everyone

How a FI Freak can take control of their financial future

The Four Mechanisms of Early FI (Spoiler: They’re ridiculously simple!)

How to make more money as a teen with creative jobs and side hustles

How to be frugal and live richly with a life full of happiness and flexibility

The difference between income and wealth, real and false assets, and good and bad debt

Personal finance basics—like tracking income and expenses, building a credit score from the ground up, and calculating your net worth

Investing basics—like earning passive income, understanding the power of compound interest, and how index funds and real estate can build your wealth

Dati bibliografici

Titolo: First to a Million: A Teenager's Guide to ...
Casa editrice: Biggerpockets Publishing, LLC
Data di pubblicazione: 2021
Legatura: Paperback
Condizione: Good
Condizione sovraccoperta: No Jacket