Set for Life

Set for Life Spend The Best Part Of Your Day, During The Best Weeks Of The Year, During The Best Years Of Your Life Doing What YOU Want Those Of Us That Spend Very Little, Earn A Lot, And Invest The Difference Get To Choose Where We Live, What Or Whether We Drive, And What We Do To Earn A Living With A Far Higher Degree Of Freedom Than The Rest Of America Those That Are Highly Proficient In All Three Areas Of Personal Finance Saving, Earning, And Investing And Act Accordingly Gain The Very Real Possibility Of Freeing Themselves From The Need To Work For Others At All Very Early In Life This Is An Incredible Advantage Available To Few People In All Of Human History, And Is Something Within The Grasp Of Ordinary Middle Class Americans That Believe This Is A Priority By The End Of This Book, You Will Feel A New Level Of Comfort With Money And Feel Confident About Approaching Investing You Will Begin Investing Eagerly, Aggressively, And Regularly, With A Passionate Understanding Of Why It Is So Important If You Choose To Prioritize These Concepts, You Will Have A Clear Path Forward Towards The Attainment Of Financial Freedom, Enabling You To Buy Back The Best Part Of Your Day, During The Best Years Of Life, During The Best Years Of Your Life.

Is a well-known author, some of his books are a fascination for readers like in the Set for Life book, this is one of the most wanted Scott Trench author readers around the world.

<Read> ➱ Set for Life  Author Scott Trench – Couponpromocode.us
  • Hardcover
  • Set for Life
  • Scott Trench
  • 10 June 2018
  • 9780997584714

10 thoughts on “Set for Life

  1. says:

    A really interesting take on finance the main point here is to 1 get out of debt, and save until you have a financial runway of 10K or so, 2 identify your major areas of spending primarily housing, transportation, and food , and find ways to save money there especially house hacking, or renting out part of your living space so you can effectively live for free, until you have saved up about 25K 3 take that 25K and invest in real estate preferred or at least index funds, while you continue to work your 9 to 5 job Never touch the principle, but continue to add to it until the money invested generates enough to support your substantially frugal lifestyle Then you ve achieved financial freedom Of course he goes into a lot detail than this, and when he says it, it all seems quite obvious But it goes against a lot of conventional wisdom If you don t want to house hack or otherwise get into the real estate game, the book still has some nuggets, but most of his recommendations center around ...

  2. says:

    This book s primary audience is people 30 and under who are just starting their professional lives post college I would highly recommend it to those folks I cannot recommend it for anyone who is already deep in their career and looking for ways to make a transition out into a self directed lifestyle The author doesn t acknowledge people in the latter circumstance, so I wish the focus was made clear in the book description.That being said, I m one who can always find nuggets of truth in any book I found the sections on time utilization helpful where he talks about the day job taking up so much of your day My job, including commute time, takes up 12 hours of my day Findin...

  3. says:

    It s about financial freedom, but it is really only applicable to those in their 20s or early 30s, living in an area of the country that s not terribly expensive NYC, SF etc folks will find a lot that doesn t apply Takeaways 1 Get rid of your commute by living close enough to work but not in a pricey neighborhood to bike or walk 2 Buy a duplex in an okay but not great area, fix it up and rent out half, plus maybe some of the extra bedrooms in your half 3 Live on 1500 month and save the rest until you have 25K This should buy you one year of financial freedom runway so you don t have to work but can still pay your bills for a year 4 Don t bother with retirement accounts for now because you won t be able to access them for ages Better to stockpile cash and invest it 5 Don t pick individual stocks or day trade Invest in index funds Do all of thi...

  4. says:

    Financial FreedomThis books starts with the basics such as cutting spending and tracking and managing expenses, so you can save to invest since a dollar saved is greater than a dollar earned after tax It reminds us that house hacking, that is buying a multifamily property and living in one unit and renting out the rest, basically living for free is one of the fastest ways to achieve savings towards financial freedom, with investing in income producing assets It t...

  5. says:

    This is THE best personal financial book I have EVER read I first read Dave Ramsey s Total Money Makeover a couple years ago and got all the way through each baby step to step 5, still working on step 6 Now to read this I m going all in after reading this book Even if you don t adopt every principle it talks about, if you are interested in real estate or stock market investment and working towar...

  6. says:

    Highlights 1 Do the big things right Biggest expenses are areas that need to be reduced 2 Save 50% of income Build 10 25k this is the grind 3 House hacking buy duplex and rent the other half Fix it up as you live there 4 Income Performance based pay No limit.5 Put yourself in high achieving environments Be around people who are truly great 6 Continuously improve in personal productive and leadership.7 Life Long Learner regular habit Blog, online course, podcast.8 Develop up to date skills for tomorrow Keep improving to keep up 9 Instant...

  7. says:

    I really wanted to like this book but the real estate investment bias just paints an unrealistically rosy picture Take the example on p188 where Megan clears 75k on her duplex after four years What about the 6% sales commission and costs related to sales If you assume shes loses 7% that s 21k of her profit Nowhere is mentioned the 9k yr lost to interest Nowhere are the yearly maintenance costs mentioned Also, somehow the property magically appreciates 50k but nowhere are the costs of these improvements mentioned Assuming these improvements are free, basically she nets 18k over 4 years on 65k invested 10k down plus monthly payments on the loan Assuming she put in 1% a year to maintain the property and that 18k is down near 9k You can argue that she needed a place to live anyway but that should be the comparison, not a magical example of clearing 75k Compare what she would make in rent to get a realistic picture of why house hacking can make sense She ends up making a decent return a little hard to calculate because of the timeline If you simply said 14% based on clearing 9k for the 65k put in, how much was her time and energy worth Again, this example would have been a great rent vs house hack but the author missed that and instead went for an impressive number I m not saying that house hacking and real e...

  8. says:

    I would highly recommend this book to anyone in their 20 s or 30 s especially those looking to boost their wealth and find a path to early financial freedom I only wish I had read this when I was 18 years old The author, Scott Trench, has some very wise advice on how to start investing in real estate by first saving money rather than trying to earn money In addition to reading this book I highly suggest checking out Scott s podcast on biggerpockets.com as well as all t...

  9. says:

    This should be a required read for anyone looking to get ahead financially especially early in your career.

  10. says:

    EDIT I came back and upgraded my ratings I was shocked to see I had only given this 3 stars It has stuck with me and finds its way into most conversations about money It is by far the book I recommend most to people You can even ignore the last paragraph because I fit that description and still found a way to change my life and apply the principles from this book I also noticed Scott is like one of those friends you don t know how to take at first, so you take them the wrong way This was the first I had ever really read anything Scott had written and I m not sure I d even listened to the BP Money podcast at this point I don t think I m alone in reacting to Scott the wrong way the first time But I ve grown to enjoy him quite a bit he s right too often not to ORIGINAL Three stars relative to others books I ve read If you re in high school, college or have yet to get married and or have kids, it s a must read The author can come off preachy and worse by preaching down to you But...

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