Comments on: How many levels of your money are made to work for you?

By: Lai Seng Choy

Lai Seng Choy — Thu, 17 Dec 2009 07:29:08 +0000

It is a good book. I have it in ebook version. Very simple but workable ideas.

Beside paying 10% to ourselve first, proper planning on spending and fund allocation are also required to ensure your money is working hard for you to achieve your financial target.

By: Ian Kree

Ian Kree — Thu, 03 Dec 2009 07:58:39 +0000

I enjoy reading this book. Very educating. Its impact to me, after I read it, is so strong — as if it was only yesterday I read it (I read it more than a year ago). Its main strength: the words used are simple laymen’s English — there is no ’stock market’, ‘appreciation rate’, ‘earning per share’, ‘return on equity’, ‘prospectus’ — really good for those who are enemies with financial terms/jargons, like my wife (sorry, honey); and yet we still get the messages that the author wants to deliver. Its main message: pay yourself 10% of your income before you pay others.

I even bought one and give it to my ex-colleague as his birthday present. Recommend this book to every one!

By: wealthjourney

wealthjourney — Thu, 01 Oct 2009 11:36:40 +0000

Great Review!
Simple yet effective tips for becoming rich
But sadly, a lot of people saved but they do not invest.
They fear the risk and are content with the miserable deposit rates.
And sadly, unless you have the earning power of a top executive, savings won’t get you anywhere.

Hope more people will pick up the book and pick up the courage to be in charge of their financial life.

By: Penny

Penny — Thu, 10 Sep 2009 08:40:20 +0000

Agree with your view on the 10% to be put aside for making more money. It takes a lot of discipline for many people to achieve this. Good for you on doing this. You seem very good at managing your funds Must learn from you!

By: Alvin Lim

Alvin Lim — Wed, 09 Sep 2009 11:02:59 +0000

This is a good yet simple book. I’ve recommended this to few people since it’s quite affordable too – around RM 30 -40. And the concepts are dirt simple esp the one with invest 10% of monthly income. If anyone wants to start saving, 10% is a good start. If you can’t even come out with 10% then forget about everything.

Also, it’s necessary to reinvest the money you gained from investment. I m doing that because I tend to spend it all up !

Buying stuff (wants) once in a while is okay. We need to pamper ourselves anyway. But use the salary you get, not the return of your investments.

Drawing a proper line between the 2 can be hard (salary n return fr investment) but i believe it is one of the key to success