Rules of Wealth, The: A personal code for prosperity and plenty

Long ago and far away in the age before technology; parents used to personally advise children on a variety of topics such as how tobuild savings and /or amass wealth. This book is now that "app" if you will. Written in a painfully simple format of two page chapters itexplains from the mindset required to the actual steps to take, the process of acquiring money. Simple. All you have to be able to do isread, remember and act accordingly. The key part being ACT which is a major part of this common sense compendium.Great gift for the college bound or recent college grads.

Used for class. Very informative. Put some things into perspective for me.

Quick and easy read with good tips.

I like this book... So many quotables...

Great read

There are quite a few rules I strongly disagree with. I shall mention a couple here:Rule 1 - Anybody can be wealthy. OK so in theory I agree. But really that ignores the statistical realities of what actually happens. The biggest factor in establishing your wealth is how wealthy your parents are. If your father and mother are successful business owners, who send you to private school and then mentor you through starting your first business then your chances of success are going to be way higher than someone born in a ghetto with no father and a crack whore mother. Time and again studies have shown that the biggest indicator of success is the success of your parents.Rule 5 - Most people are too lazy to be wealthy. Hard work is no guarantee of wealth, and you don't necessarily need to work hard or smart to be wealthy - it really depends. True, it is possible to build wealth by working hard in certain niches. I guess what I don't like about this rule is it implies the poor are poor because they are lazy and that simply is not true.Most of the rules just aren't that useful or actionable. Some are just too obvious - Rule 40: Spend less than you earn - for example. I mean if you don't already get that then this book won't help you!One thing that is true about wealth, which is mentioned in the book, is that you need to focus on it to get it. By educating yourself about finance you will automatically become more aware of it and the issues around it, and will become wealthier over time as increased awareness leads to opportunity. This book will at least give you a little more financial awareness (hence two stars not one).If you are a real newbie to wealth, money and finance then you might get a little something here (but not much). Better choices would be almost anything by Alvin Hall (for beginners mostly), and Your Money or Your Life by Joe Dominguez (not an easy read but the 9 step plan is actionable and will change your life).

There's gold in this book. It covers a lot of areas, some of which one might want to delve deeper into with other more specialist titles. IN this book we have easily digestible, wise, nuggets relayed with wit, compassion and love. I think Richard Templar wants you to do well. It has changed my outlook on wealth as a concept, the consequence of which is enabling me to carry out some solid and practical (self-generated) steps that I know will serve me well. Deep gratitude to Templar for making this book so accessible. 11 out of ten.

A practical no nonsense financial advice book with no flouncy bull. It’s what your Dad should tell you about your financial affairs but never has the time or the knowledge to impart.Get it. It changed my view of money, savings and what compound interest is.

Haven't read it all yet seems to have comprehensive chapters lots to read it good quality will keep you reading lots seems it maybe valuable for reference

It is a easy and straight forward read. It has lots of useful information.