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Millionaire by Thirty: The Quickest Path to Early Financial Independence | 
| Creators: Douglas R. Andrew, Emron Andrew, Aaron Andrew Publisher: Hachette Audio Category: Book
List Price: $29.98 Buy New: $12.48 You Save: $17.50 (58%)
New (28) Used (7) from $12.48
Avg. Customer Rating: 11 reviews Sales Rank: 177526
Format: Audiobook, Unabridged Media: Audio CD Edition: Unabridged Number Of Items: 6 Shipping Weight (lbs): 0.4 Dimensions (in): 5.8 x 5.3 x 0.7
ISBN: 1600241492 Dewey Decimal Number: 332.02401 EAN: 9781600241499 ASIN: 1600241492
Publication Date: April 30, 2008 Availability: Usually ships in 1-2 business days Condition: Brand new audio-book on CD still factory-sealed in the shrinkwrap. Ships first class mail. 100% satisfaction guarantee or your money back!
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Product Description Most people know that there are 70 million Baby Boomers in America today....but what is less known is that there are approximately 100 million people in America between the ages of 16 and 30. This generation has just entered, or will soon be entering the work force. And they have no idea how to invest, save, or handle their money.
Young people today come out of school having had little or no formal education on the basics of money management. Many have large debts from student loans looming over their heads. And many feel confused and powerless when their pricey educations don't translate into high paying jobs. They feel that their $30,000-$40,000 salary is too meager to bother with investing, and they constantly fear that there will be "too much month left at the end of their money."
Douglas R. Andrew has shown the parents of this generation a different pathway to financial freedom. Now, he passes those vital lessons to his sons, Emron and Aaron, both of whom are in their mid-20s. Together, Doug, Aaron, and Emron show the under-30 crowd how they can break from traditional 401k investment plans and instead can find a better way by investing in real estate, budgeting effectively, avoiding unnecessary taxes and using life insurance to create tax-free income.
With the principles outlined in Millionaire by Thirty, recent graduates will be earning enough interest on their savings to meet their basic living expenses by the time they're 30. And by the time they're 35, their investments will be earning more money than they are, guaranteeing them a happy, wealthy future.
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| Customer Reviews: Read 6 more reviews...
Best $ Book Ever! June 13, 2008 2 out of 5 found this review helpful
This book opened my eyes in a way that they've never been open before! This book is so easy to read, but it doesn't make you feel dumb for not being financially literate. As soon as I picked this book up I couldn't put it down. Like a suspense movie - I wanted to find out what the Andrew guys were going to say next. Just about everything you need to know about finances and how to get ahead in this crazy world, can be found in "Millionaire by Thirty." This is a must read for anyone.
Do not put more money into their pocket June 13, 2008 2 out of 3 found this review helpful
The best way to make a million by thirty is to write books and articles and videos telling everyone else how to make a million. This is also the reson for the housing slump-speculators and greed. I saw homes in CA going up 25% every few months. This is ridiculous and could not be sustained. Yes, wait until we hit rock bottom and buy real estate that is true but do not mortgage your future. Show me a bank or person that gives credit to 19 year olds with no long term job or financial resources- just will not happen in 9.9 out of 10 cases.
A Sales Pitch for Indexed Universal Life Insurance June 10, 2008 5 out of 6 found this review helpful
This book is nothing but a sales pitch for Indexed Universal Life Insurance, which is conveniently offered by the author's company. And, by the way, if you buy one of these programs, their agents make a hefty fee. So not only are you spending money on this book, you will put more money into their pockets by buying this insurance program. Do some research on Universal Life Insurance (specifically the one mentioned in the book) and you'll uncover all the facts about it.
I will say the book had some ok ideas about investing in general, but save your money on this book and buy a "Rich Dad" book series instead.
boring, confusing, droll June 9, 2008 1 out of 2 found this review helpful
An uninspiring book that glosses over already well-known advice, presented in a boring confusing way, and does not apply to today's market.
Decent June 9, 2008 3 out of 4 found this review helpful
This was a quick read, and a new approach to reaching financial independence so therefore I enjoyed reading it. However, I wish there was more detail as to how one can afford the extra payments after milking the equity out of your primary residence and a 2nd home? Plus, the author only assumes you live in an area where appreciation is rapid (aka not Wichita). The overall concept seems doable but I feel like much of the content was displayed in metaphors versus spelling it out. I'd rather read the straight forward details before how drips from a teapot can equal a cash tree. Interesting, but now I feel like I need to read another book on universal life insurance before moving forward.
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