Get Rich Slow: Start Now, Start Small to Achieve Real Wealth
April 2013, Wrightbooks
This book will show you how to take control of your finances and grow your wealth using nothing more than a few key principles and commonsense wisdom. It shows you how to let go of easy excuses, stop waiting around for magically simple solutions, set intelligent financial goals, and design an action plan that you can follow through to completion. Using a storytelling approach, it shares the financial experiences of the author and her clients, guiding readers through the tools and tactics necessary to effect positive financial change in their lives. Although focused on personal finance goals, the lessons here easily translate to life itself.
About the author ix
Part I: Let's get real 1
1 What are you waiting for? 3
2 Get rich slow 15
3 Aiming for ‘nothing’? 25
4 Good debt, bad debt 39
5 Start yesterday 57
Part II: Let’s get smart 63
6 Many roads to wealth 65
7 Investing in cash 73
8 Investing in shares 81
9 Investing in property 91
10 Investing in you 99
11 Don’t forget about retirement 107
Part III: Now . . . let’s get going! 121
12 Psychology of money 123
13 Bad habits 135
14 Take stock 145
15 Goal setting 157
16 Protect yourself 169
17 Seek and share advice 181
Just do it! 189
SARAH RIEGELHUTH is a senior financial adviser and co-founder of award-winning boutique financial advisory firm Wealth Enhancers. In 2011 Sarah co-launched the League of Extraordinary Women, an organisation supporting and developing young female entrepreneurs.
Sure, you’ve heard of slow food, perhaps even slow fashion – but slow money? In the same tradition of wholesome, hearty, slow-cooked meals, the trend for sustainable and rewarding wealth creation is set to be a key talking point in 2013.
While we’d all love to become wealthy overnight, the reality is that get-rich-quick schemes simply don’t work. So don’t waste another minute engaging in wishful thinking about striking the big bucks, adopt the Get Rich Slow strategy by starting small, starting now and slowly building sustainable wealth throughout your life!
Author and award-winning Financial Planner Sarah Riegelhuth is on a mission to change the way we think about money by empowering every-day Australians to take control of their finances to achieve real, sustainable wealth over a lifetime. Based on the principles of compound interest, a little discipline and simply spending less than you earn, Get Rich Slow demonstrates how anyone can create sustainable long-term wealth, and feel great doing it.
In Get Rich Slow Sarah Riegelhuth cuts through the financial jargon and explains in practical terms about how you can achieve real wealth creation, no matter how little you start with. You’ll feeling confident and inspired to:
- Take responsibility for your own finances and rid yourself of limiting beliefs about money
- Move out of debt and into wealth creation through saving and investing
- Better understand what drives your financial behaviour
- Set realistic goals and track your wealth-building progress to create financial freedom for the future
“As a Financial Planner I’ve observed what I call the ‘slow money movement’ emerge as a result of the significant loss of wealth that occurred during the Global Financial Crisis. Get Rich Slow unpacks this idea and provides readers with the practical steps to achieve long-term wealth creation.
Get Rich Slow is all about spending less than you earn on a consistent basis and doing something with that difference. It's about setting your own goals and then investing appropriately, building wealth little by little,” said author Sarah Riegelhuth.
If you’ve ever wanted greater control over your long-term wealth, Get Rich Slow has the ability to radically change your attitude towards money. By starting now and starting small you can achieve the perfect balance between enjoying your current lifestyle and creating financial freedom for the future!