Book Review: Your Last Step To Fast Financial Freedom By 𝘼𝙧𝙮𝙖𝙣 𝘾𝙝𝙖𝙪𝙙𝙝𝙖𝙧𝙮- A guide book for your smart financial planning
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On February 25, 2022
Book Review: Your Last Step To Fast Financial Freedom By 𝘼𝙧𝙮𝙖𝙣 𝘾𝙝𝙖𝙪𝙙𝙝𝙖𝙧𝙮- A guide book for your smart financial planning
Finance as a subject is not that easy to understand. An in-depth understanding of the subject is a must if you want to nail it to ensure financial freedom. Finance is something which I breathe and enjoy using my expertise to help others who need guidance to plan their financial freedom. My intention behind picking the book 𝙔𝙤𝙪𝙧 𝙇𝙖𝙨𝙩 𝙎𝙩𝙚𝙥 𝙏𝙤 𝙁𝙖𝙨𝙩 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙁𝙧𝙚𝙚𝙙𝙤𝙢 by 𝘼𝙧𝙮𝙖𝙣 𝘾𝙝𝙖𝙪𝙙𝙝𝙖𝙧𝙮 was to make a value addition in my life as a finance expert.
Money is Honey…. am sure many of you have heard this phrase. If you say it, stay assured that the majority of the population will criticize you as a money-minded person. There are two categories among this criticizing population.
1. The first category belongs to the ones who are born rich. They luckily never experienced a shortage of funds in life or missed anything due to scarcity of money.
2. The number two category is an interesting one. Neither experienced an abundance of money in life nor; wanted to use their brains. They don’t want to make an effort to make money in a legalized and systematic way. They will try to show how noble are they as they know happiness doesn’t need money.
Having money opens up new avenues in life, which you want to experience and improvise your life in a better way. Avoid being foolish philosophical in life and be practical. Being practical will clear your thoughts. You will realize that both happiness and money are interconnected. Money helps you to think actively and decently enjoy life. What I feel is just like mathematics, basic financial planning should now get introduced in the secondary classes of the school. It will keep the young minds focused on financial independence. They will start executing their financial plan from the initial days of their career.
What does the book try to convey?
I can best describe this book as a guide for people who wish to think smart and plan well about finance. The author distributed the content in 3 main sections.
Section 1: Fuel Your Engine
This section talks about the urge to think big and think rich. If you have a dream go for it fearlessly. What if you are mentally dead? You will never get the chance to live the dream. We need to feel, breathe and think about our dream, and only then it will be a reality.
The author gave some examples of passive income prospects which are simple to adapt and implement. This section helps to develop your mindset and skills to achieve your dreams.
Section 2: Start Your Journey
This segment is my favorite one, and it talks about what I believe in life. Plan for your income and establish or create a bankable source of income for a rewarding life. Many of us, make the mistake of not creating a fund base for risky and unknown episodes of life. But it’s very important
to have a strong financial backbone to support us during those crisis moments. A key chapter in this segment is DEBT Monster. Read it carefully. In the long run, Debt management plays a kingsize role in life.
Section 3: Reach Your Destination
Section 3 talks about the cost, that one needs to bear for financial freedom. All that we need to agree on is that to earn financial freedom, you need to have a calculative mind.
You need to analyze the inflow and outflow of funds in a specific span of mind. There is nothing harm in having one such mind.
Final Verdict:
The book is penned beautifully and will be an asset for people who dream bigger. Financial freedom is important. If your dreams are not big or; you are a philosophical person, you may find the book boring. One can consider it as a guidebook to plan your finances. To me, the language seems realistic. Try the exercises given at the end, and it will help you think differently. You don’t need to have a finance background to understand the lessons of the author. It’s the biggest USP of this book. It’s another good read for me in February 2022.
TOPICS Book ReviewFinancial FreedomFinancial independence𝙔𝙤𝙪𝙧 𝙇𝙖𝙨𝙩 𝙎𝙩𝙚𝙥 𝙏𝙤 𝙁𝙖𝙨𝙩 𝙁𝙞𝙣𝙖𝙣𝙘𝙞𝙖𝙡 𝙁𝙧𝙚𝙚𝙙𝙤𝙢𝘼𝙧𝙮𝙖𝙣 𝘾𝙝𝙖𝙪𝙙𝙝𝙖𝙧𝙮
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