The Wealth Ladder: Proven Strategies for Every Step of Your Financial Life

     

Author: Nick Maggiulli 

8.6/10

READ

Here's the tricky part about this book. It doesn't tell you anything new about how to achieve your targets, the suggestions are the same as you can get elsewhere (invest, save, work more, etc.). 

However, what distinguishes it from all other books is that it breaks down all these by liquid (not housing!) wealth (not income!) levels and offers the 1% rule to guide your purchases. Basically, you start thinking about buying something if it's more than 1% of your liquid wealth. 

Excellent advice, and very good read.

READ IF: You want to understand the limitations of your wealth bracket and get some practical advice.

PASS IF: You are looking for a "how to" on stock or any other type of investing.

Find the book on Amazon