Money Makes Money: From Salary to Financial Freedom
14.99 €
Out of stock
Money Makes Money: From Salary to Financial Freedom
14.99 €
One of the components of freedom is financial independence. The income of a financially free person allows him not to constantly think about money as a means of existence. Dmitry Lebedev wrote this book based on his own experience of gaining financial freedom and the experience of his clients, friends and acquaintances. All examples in it are real, all recommendations are concrete and tested.
Where can and should you invest money, and where is too risky? What brings income and how to balance your investments in different types of assets? How do assets differ from liabilities and what dangers await a person with money and a Russian passport? The very first financial lesson is to understand what assets and liabilities are. Assets are not always assets, and liabilities are always liabilities. It is necessary to build up assets and get rid of liabilities throughout your life. An average person buys an apartment and is happy: he thinks he has acquired an asset. A car is also an asset. A summer house is also an asset. He has a feeling that he is getting richer, his fortune is growing, but it is not like that at all. In fact, an asset is something that brings money, income. A liability is something that takes money, time, effort and does not bring income. It is impossible to do anything good with the majority of passives. Then you need to get rid of them, sell them at any price or throw them away. Real estate that does not bring income, rent it out. If you can't rent it out, sell it. If you think the current market price is very low, sell anyway! And invest the money in an income-producing asset. This book will help you get out of the cycle of constant lack of money. The author will teach you how to create personal capital, preserve it and increase it, so that the race for money is no longer the first item on the agenda, so that you can truly live, relax, travel, help others - to do what you like and what you are ready for.
Where can and should you invest money, and where is too risky? What brings income and how to balance your investments in different types of assets? How do assets differ from liabilities and what dangers await a person with money and a Russian passport? The very first financial lesson is to understand what assets and liabilities are. Assets are not always assets, and liabilities are always liabilities. It is necessary to build up assets and get rid of liabilities throughout your life. An average person buys an apartment and is happy: he thinks he has acquired an asset. A car is also an asset. A summer house is also an asset. He has a feeling that he is getting richer, his fortune is growing, but it is not like that at all. In fact, an asset is something that brings money, income. A liability is something that takes money, time, effort and does not bring income. It is impossible to do anything good with the majority of passives. Then you need to get rid of them, sell them at any price or throw them away. Real estate that does not bring income, rent it out. If you can't rent it out, sell it. If you think the current market price is very low, sell anyway! And invest the money in an income-producing asset. This book will help you get out of the cycle of constant lack of money. The author will teach you how to create personal capital, preserve it and increase it, so that the race for money is no longer the first item on the agenda, so that you can truly live, relax, travel, help others - to do what you like and what you are ready for.
See also:
- All books by the publisher
- All books by the author