Buy This, Not That: How to Spend Your Way to Wealth and Freedom

by Sam Dogen

Overview

SPEND YOUR WAY TO FREEDOM LIKE A TRUE FINANCIAL SAMURAI
 
Sam Dogen, creator of the Financial Samurai blog, knows that you need to spend money to make money. He’s taught over 90 million readers how to invest wisely in all facets of life, from education to parenting to relationships to side hustles, even choosing where to work and play.
 
Now, in his Wall Street Journal bestseller, Buy This, Not That, the Financial Samurai takes the guesswork out of financial planning and shows you exactly what to buy, how much to spend, and how to optimize every dollar you earn so you can maximize wealth building and live life on your terms. The good news? You don’t need to be a millionaire or a genius to achieve financial freedom. It’s about making the most of your money, now and forever—and it’s never too late to get started. You’ll learn:
 
— The Financial Samurai’s 70/30 framework for optimal financial decision-making
— What is “good debt” and “bad debt,” and the right way to pay down debt or invest
— Strategies and tips for building passive income streams that work for your goals and risk tolerance
— How to invest in real estate, even if you can't afford to buy property
— Rules for spending—from coffee and cars to mortgages and marriage
— And so much more!

Product Details

ISBN-13:	9780593328774
Publisher:	Penguin Publishing Group
Publication date:	07/19/2022
Pages:	336
Sales rank:	186,122
Product dimensions:	7.20(w) x 9.20(h) x 1.10(d)

About the Author

Sam Dogen founded Financial Samurai in 2009. One of the pioneers of the modern-day FIRE movement, he was previously at Goldman Sachs and Credit Suisse, from which he retired at age 34. Dogen is a graduate of The College of William & Mary and received an MBA from University of California Berkeley. His passive investment income exceeds $300,000 annually. Dogen lives in San Francisco with his wife and two children. This is his first book.
 
Learn more about Financial Samurai at www.financialsamurai.com.

Table of Contents

Introduction: Financial Freedom, Sooner Than Later ix

Part 1 Adopt the Right Money Mindset to Get Rich

1 Find Your Happiness Equation 3

2 Do the Math and the Plan Will Come 15

3 Get the Cash, Put It to Work 33

4 Master Your Debt 49

Part 2 Put Your Money to Work

5 Follow a Proper Allocation Model 67

6 Optimize Your Investments 89

7 Understand Real Estate Fundamentals 111

8 Choose Where to Live for Maximum Wealth Potential 133

9 Go Long on Real Estate 153

Part 3 Work While Maximizing Your Wealth

10 Think Strategically About Your Career 175

11 Make Your Money and Then Make Your Exit 191

12 Get Your Side Hustle On 205

Part 4 Focus on the Most Important Things in Life

13 Invest in Education 225

14 Nurture Your Love 243

15 Live Like a Financial Samurai 269

Take Your Shot 283

Acknowledgments 289

Further Reading 291

Notes 299

Index 305

Editorial Reviews

Financial Samurai and this book have prepared me for life after basketball! A straightforward guide to live a balanced, financially free life.”
—SHAUN LIVINGSTON, three-time NBA champion

“A no-nonsense guide to living your best life now while also ensuring a financially independent future.”
—EMILY CHANG, anchor and executive producer of Bloomberg Technology and bestselling author of Brotopia

“A one-of-a-kind book! Bold advice from someone who’s not just done the math, he’s lived it. A must read!”
—KUMIKO LOVE, founder of The Budget Mom and bestselling author of My Money My Way

“Step-by-step, chapter-by-chapter, Sam shows how to make optimal money choices that focus on wealth building—not just saving for saving’s sake, but for living life on your terms.”
—DAVID MCKNIGHT, bestselling author of The Power of Zero and Tax-Free Income for Life

From the Publisher