I love this book. I’ve listened to Rob’s Dough Roller Money Podcast for years now and was excited he had written a book. This is an easy read (took me about three days to get through it) and packed full of wonderful information about retirement. The chapters are very short which makes the reading easy to pick up and put down. Rob’s examples are very easy to understand and he does a great job giving examples of how compound interest works.
Here was my biggest take away/challenge (outside of paying down debt which we are currently doing):
If I can review my monthly spending and save $100/month and invest that into the stock market, assuming a 9.3% interest rate (as Rob does throughout the book), in just 10 years I will earn $21,245.
Where can I find $100? Easy, I can simply get rid of cable. We pay $220/month for cable and internet combined and that feels like highway robbery. We’re also paying $16/month for Netflix and $7 for Hulu which is what we usually watch on the TV. If I can lose the cable package and save $100/month at 9.3% interest, I can earn $21,245 instead of paying out over $26,000 for a service I rarely use.
That’s just one example of the ideas Rob shares in this book.
I would recommend this book for everyone, but especially those in their early 20s and 30s so they can start investing now because time is compound interest (and your) best friend.
Order your copy here.
Aaron Hartley 