This was published in 2025 by Rob Dix who is the host of The Property Podcast.
He introduces some unique important concepts and gets you to rethink personal finance in a much more pragmatic and simplified way. One example is that when it comes to investing it’s much more relevant to think of the 3 buckets – protect, maintain, improve rather than what vehicle you choose in each bucket.
I’m not going to break down all the concepts of this book as it is explained fully in the book but if you are interested in personal finance in any way, and I’m not sure who wouldn’t want to improve their personal finances, then I highly recommend this book.
Favourite quotes from the book:
By following the herd from school to workplace and copying the financial habits of your peers, it was possible to live a comfortable financial life. Not any more. – page 4
The government is motivated to create conditions where interest rates are relatively low, and inflation is a high as people will tolerate. In fact I’d wager this will be the hallmark of the next few decades. – page 23
Whenever we spend, we’re implicitly saying that we value the thing we’re buying more than we value the money we’re giving up in the exchange. – page 24
If you can find the right approach to earning, you might come to see a longer life as a source of excitement rather than despair. – page 44
The solution isn’t the escape the world of work as early as you can, or to cross your fingers and pray for a lottery win: it’s to find a way to sustainably live a dream life that has income generation built into it. It’s not giving up on earning, but finding ways to earn that don’t monopolise your time. – page 44
The key to higher earnings is to put yourself in a position where your employer needs you more than you need them. – page 52
You can be a risk taking Billionaire or a fearful one. A risk taking penniless student or a fearful one. – page 74
Whatever you decide on, use index funds or cheap Exchange Traded Funds (ETFs) to buy into your chosen assets, because the one thing we know for sure is that high ha of actively managed funds will always take a chunk out of your returns. – page 132
I couldn’t save my way to financial independence. – page 155
An enormous body of research shows that feeling reliant on others is actively bad for your health, both mental and physical. – push 172
Overall: 88%