Millionaire by Thirty: The Quickest Path to Early Financial Independence

Millionaire by Thirty: The Quickest Path to Early Financial Independence

Unabridged — 6 hours, 55 minutes

Millionaire by Thirty: The Quickest Path to Early Financial Independence

Millionaire by Thirty: The Quickest Path to Early Financial Independence

Unabridged — 6 hours, 55 minutes

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Overview

The definitive, easy to understand and breakthrough guide on how young people can take their limited first income and turn it into a small fortune by the time they turn thirty from an expert financial planner.

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 Doug and his sons, Emron and Aaron - both of whom are in their mid-20s - 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.

Editorial Reviews

JULY 2008 - AudioFile

Measured writing and occasionally stiff narration don't reduce the homespun appeal of this helpful investment guide by a financial advisor and his two 20-something sons. With a humanitarian spirit and many helpful strategies, they show how young people with ordinary jobs can focus on the long-term and invest wisely enough to become millionaires at an early age. Their three pillars of wise investing (compound interest, tax minimization, and leveraged investing) and three investment criteria (liquidity, safety, rate of return) are only a few of the lists and categories used to keep listeners focused on big-picture principles. These and memorable recommendations that are easy to understand make this an outstanding resource for any 20-something you know and love. T.W. © AudioFile 2008, Portland, Maine

Product Details

BN ID: 2940170236237
Publisher: Hachette Audio
Publication date: 04/30/2008
Edition description: Unabridged
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