The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life

by J.L. Collins

You are solely responsible for your own choices. There are absolutely no guarantees here.

If you intend to achieve financial freedom, you are going to have to think differently. It starts by recognizing that debt should not be considered normal. It should be recognized as the vicious, pernicious destroyer of wealth-building potential it truly is. It has no place in your financial life.

There are many things money can buy, but the most valuable of all is freedom.

Being independently wealthy is every bit as much about limiting needs as it is about how much money you have.

Stop thinking about what your money can buy. Start thinking about what your money can earn.

Everybody makes money when the market is rising. But what determines whether it will make you wealthy or leave you bleeding on the side of the road is what you do during the times it is collapsing.

When interest rates rise, bond prices fall. When interest rates fall, bond prices rise.