Indeed the book tells us more on 'Why should I even care about money? Now, I really want to earn some money, so that I can spend it wisely, but people tell me I should save and use the money to protect me, but what I really want is to grow my money and manage my money well, I know I'll make mistakes, as long as I know this, Oh! one last thing...
An easy to read, Simple book, with no technical jargons, tells us how to earn, spend and make money work for us, just as hard as we work for it. The book talks about a lot of practical aspects of money which many of us struggle with in our daily lives.
Most of us have home loans, car loans, investments which we have heard from our colleagues, friends and family and have often jumped into the bandwagon without complete knowledge about them only to regret later.
The book not only includes simple aspects of saving money, investing, common mistakes we make in our daily lives but also gives recommendations as to how we can plan our finances better . The book is a must read for all the people who have just started their corporate journey or those who are clueless as to how they should start planning their finances.
Ankur talks about the challenges he and his family faced and the letters he wrote to himself. The details on the 13 biases which we influences our decision making are intriguing.
The information on money allocation for our needs, wants, and investment is very well explained for different income and age categories.
>No one owes you their time and money. You earn it, every day, by the work you do.
>As you grow professionally, it is not what you know but how you deal with people that determines your success.
>Hope is not a strategy.
>Calm people have the most fire, because they use their courage to do bold things. Instead of using up that fire to speak.
>Movement brings momentum. Stagnation amplifies sadness.
>Better to be lost for something worthwhile. Instead of getting lost in everything worthless.
>Attitude compensates for skills. Skills never compensate for attitude.
>A great leader should be replaceable when it comes to their tasks and actions. And irreplaceable when it comes to their thoughts and vision.
>Take loans only for things that appreciate in value like education.
>When we disguise our desires as our needs, we almost always end up making a mistake.
>Every problem in this world can be traced back to a point of miscommunication.
>Everyone knows something you don’t. Knowing that you don’t know much, is the best knowledge.
>By not appreciating someone for their vulnerability and truth, all we do is encourage lying.
>If your only input in every argument is silence, peace follows naturally.
>Nothing matters more in life than showing up every day.
The book is fat but each page has few number of lines with large font size
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