Free Ebook , by Jeremy Kho
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, by Jeremy Kho
Free Ebook , by Jeremy Kho
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Product details
File Size: 6120 KB
Print Length: 134 pages
Simultaneous Device Usage: Unlimited
Publication Date: October 1, 2016
Sold by: Amazon Digital Services LLC
Language: English
ASIN: B01LX2PMXD
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Amazon Best Sellers Rank:
#59,482 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
You may ask “What sets this apart from many books of its genre?â€. Well, let’s first look at what one would expect from such a book, if one has read a good number of other books making the same claim. I, for one, was fully expecting to see, in order:1) The way you think is making you poor; here’s how to think rich2) Here is how to keep track of (and manage) your cashflow3) You should make your money work for you in a scalable fashionAnd is that what we got? Yes, yes it is.

However! What separates this book from so many of its ilk is that it is light on rhetoric and inspirational stories, and instead devotes much more of its space to providing quite dense practical information.The reason that I say “roadmap†is a good descriptor is that there’s a lot in this book that (if you’re serious!) will result in you looking up its ideas elsewhere, double-checking data, reading alternate sources, etc. Where this book’s greatest value lies — to me — is in its function as a well-organized set of pointers; it demystifies what is a baffling subject area to many, gives the reader a set of core tools, and prods them off on their way.In criticisms, I have two small observations:1) As others have mentioned, the book could stand to pass through the hands of an editor. For one example, Kho lists reasons why it is good to have extra streams of income (itself a superfluous chapter; I think every reader knows that already), but these reasons are repetitive and also include such “reasons†as “Build a New Income Stream†and “Diversified Income Sources†— ie, listing the premise itself several times as a reason for the premise.2) On a technical note, the author advocates DCA investing that may be frustratingly impractical to many of more modest wealth, due to per-trade fees, minimum buys, and so forth. But there's plenty of other content to make up for this.All in all, I’d say the book has its faults, but is a great introduction and overview to a topic that is so essential, yet renowned for being intimidating and inaccessible.
The Millennial Roadmap to a Rich Life by Jeremy Kho is a guide on how to be successful in life financially by beginning your preparation for later in life early on. The book makes some very good points. All too often, young people do not take their finances seriously early on. This can have several very negative consequences. The individual does not learn proper spending, saving, or investing habits early on which become more challenging to learn later as the negative habits tend to be too ingrained to change. What Jeremy does next is go on to explain how young people can start to creak the bad habits and what sorts of good habits they should replace them with. The goal of the book is to teach young people how to make wise decisions with their money so that they can have a less stressful life financially later on.I appreciate the goal of the book and I feel that Jeremy does a good job of pointing out good habits and bad habits. With that being said, I have serious issues with their piece of writing. The book is in desperate need of an editing job, so much so that it is a distraction to the reader. Things and people are constantly changing from singular to plural and at times it would appear that words are just completely missing from sentences. This causes the reader to be confused over what is actually being discussed and what the actual meaning is. A slower approach to the writing and some time with an editor could easily handle many of the issues that I saw. Again, the message is good but the presentation is where the flaws were.
This book came in handy at the moment when I was starting to seriously think about what I place value on, and how should I manage my finances in life, because I wanted to change something. The “Millennial Roadmap…†will make you think about your personal money like it is company money. I am not surprised to see that it treats millennials as entrepreneurs, as, though not all of us are, I know many of my friends who agree that working for a steady 9-5 job just won't cut it!Jeremy Kho gives a basic guide to key aspects of money management, including money beliefs, handling multiple funds at the same time, and he provides multiple practical tools that will help you calculate as a seasoned investor or at least, deepen your investment knowledge so that you don't feel so alienated from the moneymaker’s world.Millennials should use the advantage of growing in the Internet era and the access to the information pool available. If you are aware of this fact but don't know where to start this book will help you get to the bottom of it. You'll find valuable links about the stock market and info on how to read and interpret them, as well as links to millionaires success stories.The point is to start saving and investing as early as possible to make it work for you in the best possible way. This is not an empty talk book. It's a ‘do’ book. It just reconfirmed my intention to start putting a share of my money into a stock investment fund. Four stars because I found the overall structure overwhelming - I had to return to read certain passages twice. Some editing work will do wonders.
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