First to a Million

A Teenager’s Guide to Achieving Early Financial Independence

De: Dan Sheeks

Narrado por: Andrew Colford

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Change the way you look at money before you turn 20...and become a FI Freak!

Most teenagers are told about only one financial path: Work until you’re old, and then retire. But what if you want to spend your adult life traveling, creating, or bettering the world instead of working all day, every day?

Financial independence (FI) is the only way to win the resource you can’t rewind: time. Time for yourself, time for your family and friends, and time for your dreams. Build the freedom to define your own future by building a strong financial base - which means saving more, spending less, and starting to invest as soon as possible.

First to a Million explores the many advantages of FI, while explaining the secrets of investing, living frugally, and maintaining an entrepreneurial mindset. Treating your finances differently than the average teenager will put you miles ahead of your peers, and with time (and compounding) on your side, you can win the game before it even starts!

Inside the Book, You’ll Learn:

• Why the typical American Dream pathway is not for everyone
• How a FI Freak can take control of their financial future
• The Four Mechanisms of Early FI (Spoiler: They’re ridiculously simple!)
• How to make more money as a teen with creative jobs and side hustles
• How to be frugal and live richly with a life full of happiness and flexibility
• The difference between income and wealth, real and false assets, and good and bad debt
• Personal finance basics - like tracking income and expenses, building a credit score from the ground up, and calculating your net worth
• Investing basics - like earning passive income, understanding the power of compound interest, and how index funds and real estate can build your wealth

©2021 Dan Sheeks (P)2021 BiggerPockets Publishing

Awesome Overall Guide for Teens and Young Adults

This book laid out foundational steps that can be instrumental to anyone’s success starting at a young age. Financial literacy is the most important education students need and this book introduces so many great concepts that can propel anyone’s financial journey!

The best read this year

This book had many gems that will be forever incorporated in my decisions for FI.

Amazing resource for teens!

If you have a teenager in your life, buy this book and give it to them and change their life forever! The strategies, topics, tools, and ideas presented in this book can help your teenager achieve early financial dependence and have their best life!

The advices

Good book to help with financial freedom it was great recommend it definitely read it

Fantastic

Fantastic glimpse into how tor win with money from a young age. Must have investment for any parent.

Wish I was younger!

Excellent! Great advice. I always thought$ was too complicated and the strategies discussed were too difficult to understand. And, personally, I've come to realize all the great opportunities I passed up in my lifetime! I hadn't realized how important stress free life could have been. But, this is quite clear, and although not easy, once a plan is established for an outcome of choice, I think most people could follow this advice and be successful. thx.

Helps a lot

I am 16 and plan on house hacking. Thanks to you Dan I appreciate it

Great book!

This is a great road map to a different way of thinking. And even if you only take away half of what this book has to offer it’s worth the read!

Aweful

This book is pushing extreme financial tactics and a for profit real estate website. Talk about taking advantage of kids for their own monetary advantage. This is a very unbalanced perspective of money, work, and financial dreams for teenagers.