Time for another book review! Although I regularly read books for personal development and skill enhancement, I don't always take the time to write a review unless a book really makes a great impression on me.
Click here to see the best investing and personal finance books for young adults.
I recently read The Wealth Number: A Financial Solution to Pursuing the Job You'd Love.
I purchased this book on the recommendation of a friend. The book starts of with a summary of what it means to be financially free. So many people are stuck at jobs they hate and do not pursue a job they would love because they don't have enough saved to support themselves.
In The Wealth Number, the author provides a straightforward way to increase savings to a 'wealth number' which equals one month of expenses saved. As you increase your wealth number, you move closer to the freedom to pursue a job you love.
This video really says it all.
I really like the book because it is an easy read that simplifies the concept of saving. I actually read it more than once; the second time I read it, I figured out a way to move my expenses to one paycheck in the month, and save the second paycheck of the month. (Then I joined the Save Half club)
There were salary examples in the book that helped me make the change. In this way, I increase my wealth number by one each month. It feels good to have the freedom to choose the perfect job because I have a high wealth number.
This book is perfect for someone that is looking for an easy way to start saving for a purpose. You may want to start a business, travel the world or take some time off to write a book or volunteer. Regardless of why you want to increase your savings, it is important to have a high wealth number so you have the freedom to pursue a life you will love.
I was so excited about how this book changed my finances, I even posted about it on Facebook.
If you haven't gotten the book already, don't wait. Get it now and increase your wealth number.
Curious to see the one book I recommend to everyone starting out? Click here to watch.