The Financial Independence Marathon: Unlock the Power of Your Money

by Vinod N. Bhat

Time is money'. But the opposite is also true, i.e., 'money is time'. Money, if used wisely, gives us the free time to do what makes us happy. It is crucial to understand the concept that money creates time because time is a non-renewable resource. And becoming financially independent is akin to finding a hidden treasure of time. It's similar to discovering a gold mine, because it gives us the ability to live life on our own terms.



The key is not to think of financial independence as a goal but as a marathon, which we need to enjoy. This book is an easy, entertaining and actionable guide to becoming financially independent and avoiding any pitfalls on the journey.

254 pages, Kindle Edition

Published January 16, 2023

Reviews

[Ritik Gautam · Rating 2 out of 5]

Beginner friendly book. If you're an absolute beginner, and want a solid foundation to build your finances upon, I heavily recommend the book. However, I was aware of most of the content in the book.

2/5.

[Santosh · Rating 3 out of 5]

Excellent Primer on the personal finance.

Clearly articulated concepts and guidelines.
1st Law- That Income - Savings = Expense is worth following for everyone.
There are such few laws elucidated.

However, lot of space is given to cryptocurrency, NFT, metaverse - is that really required?

May be in second edition - he can add about how to choose Financial advisor, any certifications for them? How much it generally cost? This information will be useful to have.

[Vaibhav Bansal · Rating 4 out of 5]

This book presents a refreshingly systematic approach to financial independence, treating wealth-building as a mathematical optimization problem rather than a collection of motivational platitudes. The marathon analogy, while initially seeming trite, effectively illustrates the compound effects of consistent financial decisions over time.
The author's approach to breaking down complex financial concepts into their fundamental components is particularly effective. The mathematical models and probability analyses provided for different investment strategies demonstrate clear logical progression, though some readers might find the statistical rigor overwhelming.
Where the book truly excels is in its treatment of risk assessment and opportunity cost calculations. However, it occasionally oversimplifies market dynamics in favor of maintaining its marathon metaphor. The chapters on behavioral finance and cognitive biases in investment decisions are particularly well-researched and logically structured.
A minor criticism would be the somewhat deterministic view of market behavior in certain sections. Nevertheless, the overall framework provided for financial decision-making is robust and well-supported by data. Most valuable for its analytical approach to personal finance rather than its motivational elements.

[Siddhartha Jain · Rating 2 out of 5]

Easy read and meant as intro to Personal Finance strictly for someone who is just starting their professional career. It is a column elongated into a book form. Tries to make it different from other books by introducing terms of crypto, NFT, blockchain but except for a very elementary definition, doesnt do much.

[Saurabh Agarwal · Rating 1 out of 5]

This book is pure garbage. I don't know how Penguin Business published this. I regret wasting my time on this book. Completely avoid this book, no matter what.
I feel sad for this guy's client at the same time. They are paying this guy for financial advice, my god, what a wastage of money and time.

[Srijith Jagdish · Rating 3 out of 5]

A very brief understanding into the multiple concepts involved in financial independence…

The author covers almost all the key investment vehicles, however, these are more of an intro summary and not in depth into every concept…

Would still recommend to those who are starting out on their investment journey…

Thanks,

Sri

[Ushnav Shroff · Rating 3 out of 5]

Nothing to write home about.

[Yogesh · Rating 3 out of 5]

3.5 Stars

Covers all the basics of financial independence and different options for investment. But doesn't go too much into the details.

[Keerthi Vikas · Rating 3 out of 5]

Got a good overview of all the asset classes and light touch on some investment advice. Noting beyond an intro

[Anuj · Rating 2 out of 5]

Very basic

[BHARGAV S · Rating 4 out of 5]

A very good read, to get started with the basics of investing, saving and money management in general!