Financial Literacy: How to Gain Financial Intelligence, Financial Peace and Financial Independence.: A Guide to Personal Finance in Your Twenties and Thirties.

by Shaun M. Durrant

Did you know that the average millennial in the US is $36,000 in debt ? Sound familiar? You’ve just gotten out of college and you’re overwhelmed by student loan payments. Not only that, an entry-level job is keeping you from earning the money that would support the lifestyle you desire. So, what can you do about it? Is there any way to gain financial stability as early as in your 20s or 30s ? Of course there is! And the answer happens to be a whole lot simpler than what you may imagine when thinking of saving and investing. For a start, you need to get out of debt asap. The longer you remain a part of the vicious cycle, the more difficult it is to get out of the debt swamp. You can be debt-free in your late 20s . To accomplish this goal, however, you’ll need to do some financial growing up. Once you manage to kill the debt beast, you can move on to pursue all your life goals – saving enough to retire early, starting a family, buying a house, or starting your own business . Financial literacy consists of several simple, yet essential, concepts you’ll need to master. In other words, you’ll need to learn smart instead of hard when it comes to personal asset management. In Financial Literacy: How to Gain Financial Intelligence, Financial Peace and Financial Independence , you will discover:

170 pages, Paperback

Published August 18, 2020

Reviews

[Boyd C. · Rating 5 out of 5]

A must read for those who are just getting into finance.

The thing about learning by yourself is that there is a lot of useless information out there, which makes finding good sources very hard. I would go as far as to say that finding good information takes more time than actually learning from the sources you find.
I'm quite new to personal finance and it has taken me good portion of my time to gather some of the information that you can find in this book. Also, the information presented is very up-to-date, especially in a topic like money, where the go-to books are from quite some time ago.
You should keep in mind, though, that this book lacks any sort of narrative. It doesn't follow a character or the author's life story. For me, that's an advantage. I prefer books that get straight to the point. It literally contains relevant information after relevant information.
Despite this, the book is not hard to read. It is a very light reading experience.
Also, I like the fact that the author does not pushes their ideas onto the reader (as opposed to Robert Kiyosaki, who firmly advised against a diversified portfolio, for example). Instead, the author lays down varied points of view and helps the reader form their own criteria.
If I had read this earlier, I would have saved so much time.

This book would make the perfect gift for that friend or relative that thinks they are bad with money.

[Sharon · Rating 1 out of 5]

I read this in my quest to find a good general information book for a money/finance class I will be teaching to high schoolers. My students could learn more through a Google search or just going to Chat GPT. Mostly, the author bloviated without any legitimate techniques or advice. He could have incorporated charts or graphs showing ROIs, compound interest, or even charts of investment options, risks, and historic returns. Don't waste your time with this.

[Thomas Beachel · Rating 2 out of 5]

Basic cookie cutter financial book for young people that don't know anything about personal finance. It appears to be a self-published book, which is not bad in itself, but it could have been edited down a little, as there was a little bit of fluff that could have been passed over. I sometimes prefer self-published works because they are short a sweet and do not add fluff just to fill pages. Overall, if your knowledge base is beyond basic, you will probably want to skip this one.

[Rashaun Bismark Haughton · Rating 5 out of 5]

Eye opener on personal finance

Great read on finances overall and really opened my eyes on my personal habits of spending. It’s truly motivated me on taking the reins on my financial future and has pushed me to consider ways on increasing my income to eliminate my debts and to start having money work for me! Highly recommend and will be reading many times over, thank you Shaun!

[Ruth · Rating 5 out of 5]

Very informative

Shaun has a lot of good information in this book. Lots of good ideas. I am glad to know I am on the right track. I told myself. If I have one penny more tomorrow than what I had today it is progress.

I recommend this book.

[Rajvee Parmar · Rating 5 out of 5]

Good read! Can someone share link to copy?

[Matthew Oaks · Rating 1 out of 5]

Very basis information with some inaccuracies. Unfortunately this book did not live up to what it could of been. There are many other books on the topic that would be better worth the read.

[Lena 🐮 · Rating 4 out of 5]

Helped me.

[Pinkie · Rating 2 out of 5]

I couldn't finish this one. Some of the suggestions are not the best ideas.