Millionaire Habits: How to Achieve Financial Independence, Retire Early, and Make a Difference by Focusing on Yourself First

by Steve Adcock

Transform your financial present and future so you can give back to the people you care about the most In Millionaire How to Achieve Financial Independence, Retire Early, and Make a Difference by Focusing on Yourself First, popular personal finance educator Steve Adcock delivers a fun, insightful, and hands-on discussion of how to build financial security, retire early, and give back to the community. You’ll learn to focus on yourself and your family first, creating personal wealth for the purpose of giving back to others. In the book, the author explains that “saving money” isn’t a goal in and of itself, but rather the end product of the personal wealth Wealth = Income + Investments – Lifestyle. You’ll discover how to pay yourself first with concrete guidance and practical advice drawn from people who built wealth on modest incomes. You’ll also Perfect for young professionals, working families, self-employed people, and anyone else seeking to increase their net worth and get more out of life, Millionaire Habits is the intuitive and engaging personal finance roadmap we’ve all been waiting for.

Genres: Finance, Business

240 pages, Hardcover

Published January 11, 2024

Reviews

[Andrew Mason · Rating 3 out of 5]

This book was "ok". It could be a good intro to personal finance and FIRE, but for anyone who has read a book on either topic, you won't get much anything new. The author did focus disproportionately on high income earners or getting high income. FIRE is compatible, if determined about, with achieving financial independence at most income levels. The FIRE info in this book was highly skewed towards high income. Having said that, it's a decent intro book

[Alexander · Rating 3 out of 5]

This is a relatively short book that feels like meeting an old acquaintance in a bar who tells you how he achieved financial success. This person doesn’t come across as the type who drives flashy cars or drinks expensive whiskey, yet you also never see him bored or exhausted by work.

Overall, the book is solid. The main takeaway I got from it is quite simple: live a healthy lifestyle and invest your money. Yes, that’s a bit of an oversimplification, and there are plenty of other valuable insights in the book (all of the advice is good), but ultimately everyone takes away what resonates most with them.

[Helen Li · Rating 3 out of 5]

I flew by this book quick not because I was hooked but rather I already know most of the concepts (spendig, saving and investing). I believe most people do, so this may be a very fundamental book for beginners who have no clue about money and financial basics. Not much new learnings for me except for the chapter on US health care options.

[Amber Field · Rating 3 out of 5]

This book could be a good entry point to understanding Financial Independence (FI). If you're already in the FI community or know anything about FI you can probably skip this book because it's very, very basic and therefore very, very boring. It doesn't add anything to the information already out there.

[Lee Roi · Rating 4 out of 5]

Really great that it got me back in to the habit of saving and investing which I neglected for a while, but it tackles a long section around the last quarter of the book about early-retirement which is irrelevant for me. It had a really good section about responsible credit card usage at the end.

[周 大為 · Rating 4 out of 5]

簡單的10個關於致富的觀念