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Book details
Format: epub
File Size: 994 KB
Print Length: 288 pages
Publisher: jlcollinsnh.com; 1 edition (June 16 2016)
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B01H97OQY2
The author shares his personal techniques, insights and experiences regarding saving money and investing, drawn from his blog posts as well as a series of letters to his teenage daughter, both dealing with money management. Written by internet blogger and financial independence/frugality expert, “Mr. Money Mustache.” From the author:
“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.”
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