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Rich!: The New Power Laws of Personal Finance
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Rich!: The New Power Laws of Personal Finance

Synopsis

A new, disruptive age is upon us. Times have changed. Life has changed. Job profiles have changed. Job security has changed. Aspirations have changed. Marriage and personal lifestyles have changed, though like lemmings to destruction charging, most of us continue to behave as if nothing has changed.

To grow and protect your money now, you need to master the new realities of personal finance:

Don't focus on saving, focus on increasing your income

Get a second income

If your children are good, why save for them, if they are bad, why save for them

Preserve what you have; this may not sound trendy but it’s vital

Take up jobs where income can multiply exponentially

You may be the biggest risk to your personal finance

Postpone getting married and buying a house

Don't screw up your early years

Plan for being out of a job often

You must educate yourself on how investing works

Diversification is not what you think it is

Higher return doesn’t necessarily entail higher risk

Grow your network and you will grow your money

Timing is everything in investing

Don't tell anyone everything about your money.

The next 10 years will be nothing like the previous 10. To grow rich, and stay rich, you need to master the new power laws of personal finance revealed in this book.

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Ashu Dutt

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Anav Dutt

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