Five Years to Financial Freedom - Liberate Yourself from Money Worries for Life

by Morris Kaplan

Genres: Nonfiction

Paperback

First published January 1, 2001

Reviews

[Jérémie Cascales]

Really good but from Australian perspective...
Many good tips by the way

[Paul Bard]

This book is Australian, offering quite specific advice targeted to middle-class income earners. Sometimes the advice is general, Ben Franklin-style advice; other times it refers to quite specific skill development.

Specifically, the book discusses developing three skill sets:

1. financial intelligence (expressed as basic skills and knowledge of financial instruments),
2. emotional and mental clarity about a plan for financial freedom, and
3. risk awareness.

Each of these skills has a handy survey exercise to reveal where one is. This was very helpful to me.

For a beginner, the final chapter, a primer on the stock market, would reward dedicated study using memorization and mind maps.

It offers sound practical advice.

[Steph]

Borrowed this from the library. It was ok. Some of the info seemed a bit irrelevant these days, and I'm still ambivalent about margin borrowing, but these might be because the book was originally published in 2001 and I think this is the original edition.

It's possible I would have liked it better if it was the updated edition.