The Simple Path to Wealth

JL Collins

The Simple Path to Wealth



Download offline

Add to library

Buy the book

Money can buy many things, the most important of which is financial freedom, which makes people free to choose whether they want to travel, take a break to study, or dedicate their lives to raising a child. This is why it is essential to build your own F-you Money, that is "money for freedom", following a path that is made easy by the lessons learned and compiled in The Simple Path to Wealth: Your road map to financial independence and a rich, free life. The method is essentially based on three rules: spend less than you earn, invest, and avoid debt.

read more

read less


Analysis and key concepts


The aim of financial independence shouldn’t be for your pension, but for your freedom, the freedom to choose in any given moment of your life


The first step is to pay your debts. The things you need to do are very straightforward, but they are not easy: they require the will to drastically change your lifestyle and how you approach spending, and they require absolute discipline


Money should “work” (earn) to improve the quality of life of its owners. One of the simplest tools to make this happen is an investment fund such as Vanguard


Warren Buffet is known among all investors, big and small, for his catchphrase: “there are only two rules. Rule number one: never lose money. Rule number two: never forget rule number one.”


Making your money work for you is easy: you need to put your eggs in the right basket and leave them there


Managing other people's money can be a very lucrative job. It exists because people are afraid of finance, but investment advisors don't always achieve the best results, and they don't always try to do so




Take-home message

Unlock this and thousands more with 4books Premium!

You'll have 7 days free, and if you're not satisfied after 30 days, you can get your money back.

Many useful tips to:

  • Understand the true meaning of financial freedom.
  • Outline a strategy to guarantee your own financial freedom.
  • Learn the basic rules to defend yourself from scams.

J.L. Collins is a finance expert and best-selling author. His blog,, created in 2011 to gather ideas and advice for his daughter, is considered one of the most authoritative in the field of disseminating advice for financial growth. Collins' work is dedicated to helping people build their "F-you Money", which is freedom money.

Publishing house:

Createspace Independent Publishing Platform