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 Most recent research was from mid-90s to early 2000s, so examples are outdated.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.

I received this book as a gag gift ages ago, but I actually didn‘t hate it. Some of it definitely didn‘t age well (her successful partnership with K-Mart, her praise of Diddy and Jared from Subway, and her friendship with a certain someone whose name I refuse to speak or type). And I had to wonder what her staff REALLY thought of her opinion of herself as a leader. But I absolutely would recommend this to someone looking to start a small business.

I zoned out a bit while listening to the audiobook so my review is not to be trusted!

#whatsnewwednesday @TieDyeDude @Alwaysbeenaloverofbooks @Read4life
I handed in my retirement application - so I see more time to respond to some #litsylove after Dec 6! 🎉

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

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