Millionaire by Thirty: The Quickest Path to Early Financial Independence

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Overview

In this illuminating book, Douglas R. Andrew and his sons present the definitive guide to teaching young people how they can quickly turn their limited first income into a million-dollar fortune. Using their father's invaluable investing advice, Emron and Aaron have each seen their own net worth rocket past $1 million-while still in their twenties. Both boys started out at age twenty-one making $30,000 a year and are now in solid financial shape. By following the same financial guidelines clearly outlined in this book, you too can secure your financial future as you:

Learn the smartest and easiest way to budget your expenses

Uncover the secret of how to buy a home now

Find out about-and use-the magic of home equity

Discover the best place to put your cash to maximize long-term savings.

Aimed squarely at today's younger workforce, this groundbreaking book will put you on the right financial path for the twenty-first century.

Product Details

  • ISBN-13: 9780446556019
  • Publisher: Grand Central Publishing
  • Publication date: 3/15/2010
  • Pages: 238
  • Sales rank: 532,221
  • Product dimensions: 5.90 (w) x 8.90 (h) x 0.80 (d)

Meet the Author

Douglas R. Andrew is the owner and president of Paramount Financial Services, Inc., a comprehensive personal and business financial planning firm. His sons, Emron and Aaron Andrew, have clients nationwide whom they advise for asset optimization, equity management, and wealth empowerment. Starting with annual incomes of $30,000 at the age of 22, they have used the strategies outlined in Millionaire by Thirty to each accumulate assets totaling over $1.5 million at the ages of 26 and 27.

Table of Contents

Authors' Note ix

Preface xi

1 Wake Up and Step Out of the Financial Darkness 1

Stop Feeling Confused, Isolated, and Powerless About Your Finances

2 Mapping Your Future 14

Ten Years to Financial Independence by Avoiding the Top Ten Dangers

3 The Millionaire Mindset 34

Harness the Power of Three to Simplify Your Finances

4 Pay Yourself First 53

Budget, Save Money, and Manage Debt Properly-Live Within Your Means

5 Don't Give Uncle Sam Gifts 77

Understand Taxes and How to Leverage Otherwise Payable Income Tax

6 From Renter to Homeowner in One Leap 93

Buy Your Primary Home Now Rather Than Rent

7 Real Estate Equals Real Wealth 122

Develop Real Estate Equity and Manage It Successfully

8 Think Smart Now, Retire Smart Later 154

Choose the Best Retirement Planning Investment Vehicles

9 Insure Your Future Financial Well-Being 179

Choose the Right Insurance

10 Touch All the Bases 205

Live a Life of Significance with Great Clarity, Balance, Focus, and Confidence

Acknowledgments 221

Index 225

Customer Reviews

Average Rating 4
( 6 )

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Sort by: Showing all of 6 Customer Reviews
  • Posted February 20, 2012

    Highly Recommended!

    I am a college student and was always looking to real estate to build wealth but never know how to start. This is a GREAT step by step book to get you where you want to be. Don't stop your self from having money. You live once, so be rich and be marry!

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted May 17, 2010

    Written before real estate crash

    I bought this book for my son who was graduating from college with a business degree. I bought it more for the title than anything else. The book does have some good practical advise for the novice, but it's overarching theme is to depend heavily on real estate to build wealth. Although published after the recent real estate crash, it must have been written before it because it assumes escalating real estate values.

    Was this review helpful? Yes  No   Report this review
  • Anonymous

    Posted December 9, 2010

    No text was provided for this review.

  • Anonymous

    Posted May 21, 2012

    No text was provided for this review.

  • Anonymous

    Posted April 6, 2010

    No text was provided for this review.

  • Anonymous

    Posted July 21, 2011

    No text was provided for this review.

Sort by: Showing all of 6 Customer Reviews

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