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The richest man in Babylon by George S. Clason
Dear daughter, Today I want to write to you about an awesome book that was published for the first time in the 1920s: The richest man in Babylon by George S. Clason. The author of this book shares the “secrets” of financial success as a story. Interesting enough, these “secrets” are evergreen. What some call…
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Cashflow quadrants: Guide to Financial Freedom by Robert T. Kiyosaki
Dear daughter, another great book that teaches you about money is Rich Dad’s Cashflow quadrants: Guide to Financial Freedom by Robert T. Kiyosaki. This book, like others from the same author, is about teaching financial literacy. As I told you before, it is extremely important to be financially literate. The more knowledge we have about…
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The $100 startup by Chris Guillebeau
Dear daughter, The book “The $100 startup” by Chris Guillebeau is, in the words of the author, for those who take action and for those who inspire. Have you heard that to start a business you need a lot of money? Long business plans? Have everything clear and planned before starting? In his book, Chris…
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The total money makeover by Dave Ramsey: 7 baby steps
Dear daughter, today I want to show you a summary of the book “The total money makeover” by Dave Ramsey. I’m following his advice to be financially free. In his book, Dave Ramsey recommends following 7 baby steps. The steps were created by him, using the knowledge he gained from his personal life, interviewing real…
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Eat That Frog! 21 Great Ways to Stop Procrastinating and Get More Done in Less Time by Brian Tracy
Dear daughter, Eat that frog is a great book I want you to read. Don’t worry, it is not about eating frogs. It is a metaphor that the author uses when he refers to doing things you don’t want to do because they are boring, time-consuming or any other excuse you can imagine for not…
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GOALS! How to Get Everything You Want – Faster Than You Ever Thought Possible by Brian Tracy
Dear daughter, Something important that we need in our lives is to have goals! Here, I want to give a summary of the book GOALS! How to Get Everything You Want – Faster Than You Ever Thought Possible by Brian Tracy. One thing I like about this book is that it has a lot of…
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Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! By Robert Kiyosaki
Dear daughter, Today I want to introduce you to a fantastic book: Rich Dad Poor Dad by Robert Kiyosaki. This is one of my all-time favorites. It was a life-changer for me as it could be for you. Below are some of the lessons you will find in the book: The Rich Don’t Work for…
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The 80/20 Principle: The Secret to Achieving More with Less by Richard Koch
Dear daughter, Have you heard about the 80/20 principle? Today I want to summarize a book with that title written by Richard Koch. The 80/20 principle is also called the Pareto law. Why you should care about this principle? It can help you achieve a lot more with less effort. Great! Isn’t it? It can…
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The blue zones of happiness: Lessons From the World’s Happiest People by Dan Buettner
Dear daughter, When I found the book The blue zones of happiness by Dan Buettner, I didn’t know that there are many published books about happiness. I found it very interesting because of the facts that the author shows. So, I create a summary for you. The book is divided into three main parts: Blueprint…
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What is the 4% rule?
Dear daughter, The rule of 4% is a rule that some financial planners use to tell you how much you need to save and invest to have a comfortable retirement. The rule state that if you withdraw 4% from your portfolio each year, your money won’t be depleted in 30 years or more. In other…
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