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Moroka Modiba

Think Yourself Rich

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Think Yourself Rich: A Step-by-Step Guide to Financial Independence is aimed at forward thinkers who want to find the right path to financial independence. Whether you are a first-time earner or further along your career path, this easy-to-understand guide explains in clear terms how to consciously choose and plan for a debt-free lifestyle and not only survive, but thrive, on the long-term journey towards financial freedom. The book covers crucial issues about financial planning simply and succinctly, including: why it is important to get rid of all unnecessary debt as quickly as possible; when you should start saving or investing; how to plan for emergencies; how much and what kind of insurance you need; how much of your income you should save; how much of your income you should invest; and where, how and when you should invest.
Information about budgets, financial plans and investments (including all-important terminology for various investment options) is interwoven with relevant real-life examples that will inspire you to set aside the time to draw up a proper financial plan – and execute it. Each chapter builds on the previous one to help you achieve your goals by sticking to your own, personal financial plan. This book will equip you to take full control of your finances and live a financially rewarding life.
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136 printed pages
Original publication
2018
Publication year
2018
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Impressions

  • Nikolay Khokhlovshared an impression5 years ago
    👍Worth reading

Quotes

  • Nikolay Khokhlovhas quoted5 years ago
    Always keep your eyes on the ball,’ is my grandfather’s motto. ‘A farmer will not plant his crop and leave it there to grow by itself without caring for it. You have a responsibility to keep checking your crop to ensure that it grows and produces as expected. Yes, along the way there will be some challenges. There will be weeds, pests, unfavourable weather, diseases and the like. So you need to come up with ways to overcome these challenges. As long as you keep your eyes on your crops, you will always know what needs to be done, and that will result in a good harvest
  • Nikolay Khokhlovhas quoted5 years ago
    One of the easiest ways to invest in property is through unit trusts and ETFs
  • Nikolay Khokhlovhas quoted5 years ago
    It will only become an asset once your home loan has been paid up and your home starts generating some income, such as rent, or when you can sell it at a profit. Before this happens, your bonded home is not an asset but a liability.

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