While investment guides generally recommend you sock away 10 to 15 percent of your income (even though, as I’d later learn, that definitely isn’t enough), millennials under twenty-five are saving only 3.9 percent of their income for retirement,ĭoing everything I was “supposed” to do wouldn’t guarantee anything. CHAPTER 1: MONEY IS FREEDOM – How I Went from $2.26 to $1 Million in Five Years Mastering our relationship with earning, spending, saving, and investing liberates our time for the real work of becoming better human beings and making the world a better place. Most of the world’s work has nothing to do with money.Įxit wage slavery (being compelled to work by the need for money) and join the owners of wealth whose money works for them. You maximize your income without sacrificing your integrity or your health in service of the promise of financial independence. In today’s vernacular, Grant got “woke.”Įvery human will need to capture the emerging opportunities to get what they need. FOREWORDĮnlightenment can come from a cold hard look at reality. The author’s words are in normal font, while my interpretations are in italics. Don’t be surprised if it has changed between visits. I keep updating the summary when I revisit it, and occasionally may edit it to reduce summary length. Note: This summary is made up of my notes, thoughts and highlights of important passages while reading the book.

Must read if you are seeking financial freedom. Personally I found the Seven Levels of Freedom articulated in the book useful to determine the progress towards the ultimate goal of financial freedom. Readers need to adapt the framework to investment avenues available in the country they live. Sections of the book, particularly around investments, are US-centric. The book is extremely relevant and very detailed.

These seven steps demystify the concept of your ‘number’ (the money you need to have to be financial free), provide pointers to getting more out of your job and developing a side hustle and outlines the decision-making framework while making spending decisions.

The author, Grant Sabatier, outlines a seven-step process to achieve financial freedom by making more money in less time, so you have more time for the things you love. Financial Freedom: A Proven Path to All the Money You Will Ever Need is a very popular book with those seeking financial freedom.

Path to financial freedom