Updated October 16th, 2022
Yes, I do read more than just books on health. I read books on financial health, too!
I don’t know what I was expecting from a Dave Ramsey disciple. They all preach the same thing: Debt is bad (to the point that you should pay off your 0% car loan instead of taking advantage of your company 401(k) match), live like a pauper in the prime years of your life so that you can enjoy your life when you are older. This is also know as the deferred life plan. It’s a system that works for people and has some merits, but to quote Oscar Wilde, “Anyone who lives within their means suffers from a lack of imagination.”
Everyday Millionaires is an Everyday Book
The theme of the book is, the average person can become a millionaire; Hogan claims he undertook the largest study of millionaires and found that millionaires aren’t anything special- they didn’t inherit their money, they just saved and had good money habits. Well, I can tell you that this book is nothing special.
There was nothing really new in it, at least if you know or follow Dave Ramsey. It was just a rehash of with motivational pep-talk and contained not much actionable advice other than get rid of all debt and save your money, in that order.
If you’re new to this stuff…
Sure, why not. Give it a read. It might give you some insight into how to get your finances on track. For the rest of us…meh.
–> Get the book here <–
How Many Stars?
2 🙁
You know, the Dave Ramsey crowd says to save your money. Well here’s a tip- save your money on this one! Read The Millionaire Next Door instead.
Book Details One More Time
Title: Everyday Millionaires: How Ordinary People Built Extraordinary Wealth―and How You Can Too
Author: Chris Hogan
Publish Date: January 7, 2019
ISBN: 0977489523 ISBN-13: 978-0977489527
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