Seven Myths About Money
And the Truth About Finding Financial FreedomSelect a format:
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Summary
'A masterpiece' Rory Sutherland, author of Alchemy
What if everything you’ve been told about money is wrong?
Have you ever been told that cutting your spending is the key to financial freedom?
Or that only a fool would try to make money by picking stocks?
Or that buying your house is always a smart investment?
Most of us have heard these truisms from friends, from family, even from financial experts. They are held up as nuggets of timeless wisdom. There’s just one problem: none of them is true.
Over the last decade, the world of money has transformed – but the mainstream financial advice hasn’t caught up. The result: most of us are being fed money advice that will only take us further from our financial goals.
Here, a leading investor debunks seven of the most common misconceptions about money, and explains why the true path to wealth is dramatically different from what you’ve been told. Confounding and eminently practical, Seven Myths About Money sketches out a radically new route to financial freedom – one fit for the twenty-first century.
What if everything you’ve been told about money is wrong?
Have you ever been told that cutting your spending is the key to financial freedom?
Or that only a fool would try to make money by picking stocks?
Or that buying your house is always a smart investment?
Most of us have heard these truisms from friends, from family, even from financial experts. They are held up as nuggets of timeless wisdom. There’s just one problem: none of them is true.
Over the last decade, the world of money has transformed – but the mainstream financial advice hasn’t caught up. The result: most of us are being fed money advice that will only take us further from our financial goals.
Here, a leading investor debunks seven of the most common misconceptions about money, and explains why the true path to wealth is dramatically different from what you’ve been told. Confounding and eminently practical, Seven Myths About Money sketches out a radically new route to financial freedom – one fit for the twenty-first century.
Reviews
This is a masterpiece. I have repeatedly found that most conventional financial advice is bang on the money - provided you were born in 1958, and started following it in 1971. But things have changed. This is the book I want my children to read.
Rory Sutherland, author of Alchemy
