Welcome to Litsy!

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Might get that feeling? That the rich exploit their employees?

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I wish more companies were like Dr. Bronner‘s. They implement a salary cap. The highest paid employee‘s salary is limited to 5x that of the lowest paid employee. Imagine if all companies adopted this model. What a difference that would make in everyone‘s quality of life.

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Authors list several characteristics of millionaires. I laughed when I read this one. The good old days of pension plans. Even when I was teaching and money was deducted from my paycheck for state pension, I never relied on them managing that money well.

Meh. Most recent research was from mid-90s to early 2000s, so examples are outdated. In 2025 the authors & the millionaires come across to this Gen Xer as out-of-touch Boomers. Basic concept is live below your means. Stealth wealth. Lots of pages on car buying habits and how to raise kids to become wealthy w/o relying on cash infusions from parents. Nothing really new here. Some of the anecdotes were amusing. #ReadYourEbooks

Current read reflecting on the financial aspects of a life well lived. I'm glad it acknowledged very early on that globally a privileged few actually have disposable income with which they could take on board his viewpoint.

Already this is starting to feel like a lot of padding to get his central idea to book length though.....i think this will be a skim read.

Yesterday‘s spoils from the book swap after ballet. The activity books are for the little people in my life.

What struck me most about Collins' philosophy is its simplicity and effectiveness. He cuts through the noise of complex investment strategies and offers a clear roadmap to financial freedom through index fund investing. It's a strategy that I wish I had discovered earlier in life, but nonetheless, I'm grateful to have stumbled upon it now....
Full review: https://www.goodreads.com/review/show/6412909921

I‘m posting one book a day from my massive collection. No description, no reason for why I want to read it (some I‘ve had so long I don‘t even remember why!). Feel free to join in!

#ABookADay2024

#ItTakesAllKinds @Alwaysbeenaloverofbooks @Eggs
#WithMap

Often in the real world, it's not the smart who get ahead, but the bold.

Garrett and I read this book over the holidays and took the action steps together.

Here is the vision board we made together based on our top 5 values as a couple.