Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required

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Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required

Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required

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So we’ve dedicated the last year of our lives to birthing this book baby, and no matter what happens, I’m happy that we did it, because like I said, I can’t not write.

It’s a position of privilege to not be money-driven, she says. “Anybody that says ‘oh yeah, it’s only money’, ‘money comes and goes’, ‘it’s not about the money’, it’s like, you’ve never been poor.” If it hadn’t been for her childhood experiences, Shen doesn’t think she would be doing early retirement now. “I would’ve just thought just do something I love to do … I wouldn’t have thought put in the hard work now and get the gain later.” If everybody was FI [financially independent], Trump wouldn’t have got elected. Bryce LeungYou’ve taught us that financial independence is a powerful tool that frees you from stress and lets you choose the life you want, and as a result, it can change the world. That’s it. As always, thank you for your support and helping us keep the Millennial Revolution going! From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence.

We are probably some of the most pessimistic people you’ll ever meet,” says Leung, by way of explanation. “And we’re only doing this because we’ve created all these safety nets that will catch us.”That’s the philosophy of Kristy Shen, a self-made millionaire who retired at 31. In these book summary, we’ll be exploring how she did it. Expect plenty of unashamedly contrarian takes, left-field strategies and novel concepts. More to the point, expect to find a roadmap to wealth creation, debt eradication and financial independence.

I do recommend both book and blog and supplemental research - there's also a lot of useful content, especially examples and dozens of case studies, that aren't in the book alone. Plus it's important to get multiple perspectives on a subject this potentially complex and consequential). Now, I know I sound like I’m tooting my own horn here but believe it or not these are other people’s words not mine. Kristy Shen and Bryce Leung are world travelling early retirees. Their story has been featured in media outlets all over the world, including the New York Times, CBC, CNBC, Women’s Health Magazine Australia, Germany’s Handelsblatt, GQ Russia, and the UK’s Independent. They spend their time helping people with their finances and realizing their travel dreams on www.millennial-revolution.com. Genres Another bizarre thing I noticed about the book is that there just aren't that many examples of other women on FIRE, even in the chapter on parenting. I follow a lot of FIRE blogs and even some podcasts, so I know that if she really wanted to, Shen absolutely could have included more women in her book. She never says this directly, but the way she reveres so many White men and ignores all of these other issues says a lot in itself. Also, if you are under the impression that women are not very involved in FIRE, you are absolutely wrong, though I can see how people may be led to believe this idea after reading Shen's book. Here's just one counter argument, but there are many:We knew all this going in. After all, we’ve already experienced the joy of having our faces dragged across the floor and drowning in our failures when we wrote novels for 7 years prior to retiring. And even after being published by Scholastic, the earnings from that book can’t even cover our rent. Excellent description of entitlement mindset and consumption needs in the West. Also, very pragmatic (too bad, so rare) point of view on the career choice. PDF / EPUB File Name: Quit_Like_a_Millionaire_-_Kristy_Shen_and_Bryce_Leung.pdf, Quit_Like_a_Millionaire_-_Kristy_Shen_and_Bryce_Leung.epub Kristy Shen and Bryce Leung during their travels. Photograph: Kristy Shen and Bryce Leung, author of How to Quit Like a Millionaire

That means you’re not going to enjoy yourself even if you’re wealthy enough to fund your shopping habits. This might sound like the preamble to an old-fashioned moral lecture about how money can’t buy happiness, but it’s really not. Truth be told, it can. It just boils down to what you’re spending it on. Quit Like A Millionaireis about so much more than making money, traveling the world, and retiring early (although it teaches you how to do all three insanely well!).It’s a new roadmap to living an awesome life! You don’t need to settle for status quo. Life’s too short for that. So don’t. This book will both inspire and entertain you, while actually giving you the steps and mindset to become a millionaire. Retiring early isn’t easy, but it’s never been easier in history to make it happen. There’s no fluff here. This is the real deal.” Let’s lowball the interest rate they’re getting on that and say it’s 6 percent. Even if they never get promotions or better-paying jobs, Paul and Jillian would have a million dollars in 30 years. If they started at 24, they could retire at 54 – 11 years ahead of schedule! Reducing the size of your target portfolio makes early retirement more manageable. With over 400 posts, it’s pretty impossible to learn everything by binge reading this blog. This book makes it easier for you to digest the information in story format and the best part is that it has been edited and polished, so you don’t have to worry about typos (which long-time readers you know I’m extremely guilty of). Not only that, you can easily gift the book to a friend and family member who you feel could benefit from learning about FIRE. Unlike Any Other Finance Book You’ve Ever ReadPersonal Finance, Money, Investment, Business, Self Help, Economics, Personal Development, Biography, Budget Travel Guides, Budgeting, Money Management Table of Contents But don’t take our word for it, here are what other authors and influencers are saying about the book: Praise for Quit Like a Millionaire Also I’ve been reading about FIRE for over 5 years now, and thought I’ve read pretty much everything there is on the subject, but they proved me wrong. Even if you’ve read everything about FIRE you will certainly still learn something from this book. With a blueprint for the book, we now knew the direction to go. Only problem is, just like building a house, it’s freaking difficult to actually BUILD the damned thing without getting overwhelmed. In 2005, Steve Jobs gave a commencement speech at Stanford University. His advice to the students? “Follow your heart.” That feel-good mantra rippled around the world. Endorsed by the great and good, it soon came to feel commonsensical – why on Earth wouldn’t you follow your passions and do something you love?



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