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Millionaire by Thirty: The Quickest Path to Early Financial Independence
Unavailable
Millionaire by Thirty: The Quickest Path to Early Financial Independence
Unavailable
Millionaire by Thirty: The Quickest Path to Early Financial Independence
Audiobook6 hours

Millionaire by Thirty: The Quickest Path to Early Financial Independence

Rating: 3.5 out of 5 stars

3.5/5

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Currently unavailable

Currently unavailable

About this audiobook

Most people know that there are 70 million Baby Boomers in America today....but what is less known is that there are approximately 100 million people in America between the ages of 16 and 30. This generation has just entered, or will soon be entering the work force. And they have no idea how to invest, save, or handle their money.

Young people today come out of school having had little or no formal education on the basics of money management. Many have large debts from student loans looming over their heads. And many feel confused and powerless when their pricey educations don't translate into high paying jobs. They feel that their $30,000-$40,000 salary is too meager to bother with investing, and they constantly fear that there will be "too much month left at the end of their money."

Douglas R. Andrew has shown the parents of this generation a different pathway to financial freedom. Now, he passes those vital lessons to his sons, Emron and Aaron, both of whom are in their mid-20s. Together, Doug, Aaron, and Emron show the under-30 crowd how they can break from traditional 401k investment plans and instead can find a better way by investing in real estate, budgeting effectively, avoiding unnecessary taxes and using life insurance to create tax-free income.

With the principles outlined in Millionaire by Thirty, recent graduates will be earning enough interest on their savings to meet their basic living expenses by the time they're 30. And by the time they're 35, their investments will be earning more money than they are, guaranteeing them a happy, wealthy future.
LanguageEnglish
Release dateApr 30, 2008
ISBN9781600241505
Unavailable
Millionaire by Thirty: The Quickest Path to Early Financial Independence

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Reviews for Millionaire by Thirty

Rating: 3.6049382716049383 out of 5 stars
3.5/5

81 ratings17 reviews

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  • Rating: 4 out of 5 stars
    4/5
    Really nice materials for entrepreneur. Found lots of self development tips.
  • Rating: 1 out of 5 stars
    1/5
    Too many words, not enough substance. Waste of time. Disappointed.
  • Rating: 1 out of 5 stars
    1/5
    Stay away! Worst personal development book I've ever listened to. The author keeps repeating his other book title, and honestly the advice is b.s. Can and will cause harm to many who are not experts financially , and based on title this applies to majority of readers.

    Buy several homes and extract equity?! Invest in mutual funds, really!?!?!
    Listen To Rich Dad Poor Dad, Think and grow rich. This is a waste of time, and let go of sunk costs and do not read (1st negative review on a book - ever)!!!
  • Rating: 5 out of 5 stars
    5/5
    Some good ideas about leveraging money early on in a ‘safe’ way. Could do with an update post-financial crisis. A similar book based on the UK tax system would be great!
  • Rating: 3 out of 5 stars
    3/5
    it gives you good ideas and methods about money saving but most of the details and the real application is mainly targeted for Americans and the American tax system and the IRS. so as a person living in Europe it wasn't as useful.
  • Rating: 4 out of 5 stars
    4/5
    very thought inspiring book. a little difficult at times. nonetheless its worth the read
  • Rating: 1 out of 5 stars
    1/5
    Adult nonfiction; personal finance/investing. This book read like an infomercial, treating the reader like a chump (good thing I got it from the library instead of actually buying it). I would not recommend it--the Rich Dad, Poor Dad series is way better at empowering readers to take control of their financial health.
  • Rating: 2 out of 5 stars
    2/5
    I sell life insurance. That’s all this book is trying to do. There is some good info in this book, but it is extremely stupid to just assume the real estate market will always rise every 2 years. Taking cash out of your house to buy a second home isn’t crazy if you have decent cash flow and know your market: but buying IUL’s is not what 99% of people should be doing. This type of advice fished out as fact scares me for the harm it will cause those that follow it blindly.

    1 person found this helpful

  • Rating: 1 out of 5 stars
    1/5
    The first 3 chapters are nothing but the same thing repeated over and over. I ditched the book after hearing the same sales pitch 5x over.

    1 person found this helpful

  • Rating: 2 out of 5 stars
    2/5
    Great book but why the is it skipping? One word left to post...
  • Rating: 5 out of 5 stars
    5/5
    this left trance aid chuckle next week and we right
  • Rating: 4 out of 5 stars
    4/5
    Very good examples on how you can get started investing. I am a Real Estate agent and there was some chapters/examples that I thought were helpful. Some chapters I did not understand or simply did not put too much attention into but overall the book was great to read and get your mind rolling on investing.

    1 person found this helpful

  • Rating: 3 out of 5 stars
    3/5
    the recording jumped in a few places but the information is invaluable! definitely a must read if you're young and want to get ahead before you're 30

    2 people found this helpful

  • Rating: 2 out of 5 stars
    2/5
    Author seems to have a nice friendly style, but after reading the warnings posted on Amazon reviews I'm deciding to stay away from this book.

    The reasons are that:
    * He mainly suggests investing in real estate and life insurance
    * It was written *prior* to the credit crisis and house price crashes
    * He talks about investing into well-performing side funds without explaining what these are or where to find them
    * It also appears very US centric and may not be applicable to those of us in Australia

    3 people found this helpful

  • Rating: 1 out of 5 stars
    1/5
    I feel like I just wasted a lot of time. One of the worst personal finance books I've ever read.

    2 people found this helpful

  • Rating: 1 out of 5 stars
    1/5
    Total bs. These people are selling pipe dreams. Don't recommend.

    2 people found this helpful

  • Rating: 1 out of 5 stars
    1/5
    This book wasn't good at all. I'm 90% sure if I followed through with what It said I'd get trapped in debt.

    5 people found this helpful