In his book Set For Life, he walks you through a three phases approach to accelerating your financial independence. Scott Trench is the CEO of Bigger Pockets, the popular real estate investing community, and one of the smartest people I know when it comes to money. Purchase The Simple Path to Wealth Now! 4. Set for Life by Scott Trench So while most of this information is available completely for free in JLs stock series there is some additional high-value content that makes it worth reading the book. While the book largely focuses on investing, the book is so popular because JL’s writing and steps are laid out simply and are easy to follow.Ī Simple Path to Wealth is largely based on a series of blog posts JL wrote on his website about stock investing intended for his college-bound daughter. While I didn’t read JL Collins investing masterpiece until after I’d already reached financial independence, this book is definitely one of the best to help you reach financial independence. You can also check out Vicki and me chatting about the FIRE movement and a whole lot more in the financial freedom podcast episode, The Space of Freedom w/ Vicki Robin, or below. No matter where you are in your own financial journey it’s worth reading the classic book that’s sold over 1 million copies and started the FIRE movement. If you want to calculate your real hourly wage check out the real hourly wage calculator. My favorite chapters are the mindset ones, the discussion about the four pillars of financial independence, frugality, and the step-by-step strategy for how to calculate how much money you’re actually making per hour. Updated in 2018, Your Money or Your Life is an absolute classic for a reason. This book completely changed how I think about money. Your Money or Your Life by Vicki Robin & Joe Dominguez ![]() It’s definitely worth checking out and don’t forget to let me know what you think.
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