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

by J.L. Collins

Try saving and investing 50% of your income. With no debt, this is perfectly doable.

I can see myself doing that.

When you can live on 4% of your investments per year, you are financially independent.

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. Freedom to do what you want and to work for whom you respect.