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But in the end, you have to choose whether the steps are going well for you or not. Ultimately it's all your call to take a decision about your investments. I bet there is no better person than you who know your financial condition and your level of understanding about the stock market, only you can take a decision about investing or not. It's really not necessary to get inspired and start investing in stock market all of sudden after reading this book.
Even though you feel motivated and coruscating after completing this book you should stay calm and hold yourself, think twice, study and learn about investments because even though the author has given so many simple points to do it, rationally it's not easy and that simple to invest.
I would say don't hurry just because you feel marvelous after reading this, it's not compulsion to invest with all in. Even so, i really appreciate and loved the real life examples given by the author, it surely gives a kind of motivation after reading such stories about people who made a whole lot of money by investing in wealth.
In the end of every step there are some Key Takeaway points which give the overview about the whole explanation of it, so you need not go all over the book every time when you read if you want to follow the wisdom in it. Author has explained each and every kind of investment in the book with some formulas, technical definitions, and analysis through wealth trinity - Risk, Return and Time. It gives you a basic idea about financial concepts, a guide to wealth creation and assets classes.
Definitely recommended to all those who want to begin their journey in the financial world. Jul 23, Rajmr64 Rajeev rated it really liked it.
This is an easy to read work, that explains the basics of investing.
It affords a birds eye view into the nuances of investing, through very broad brush strokes, that can at best be described as very basic. The endearing aspect of the book is that it makes the world of investment look less intimidating, as opposed to the articles that are published in the pink papers.
It does give one a certain confidence that one can delve into the world of investing and try one's hand at it.
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The authors need t This is an easy to read work, that explains the basics of investing. The authors need to be commended for that, and it certainly is no mean fact that a reader gets motivated to explore the world of investments and wealth creation, after going through this work.
This is a highly recommended read Aug 27, Saurabh Chaudhry rated it really liked it. I have good knowledge about Financial concepts because all of my experience in IT is from this domain. For me, the book did not have a lot of things for offer. But I would still recommend this book to every person starting out in the direction of Wealth creation. You get to know about so many asset classes. I like the way Sunil uses quotes and emphasizes certain points through real occurrences. He also believes in Warren Buffett's quote "Taking jobs to build up your resume is the same as saving u I have good knowledge about Financial concepts because all of my experience in IT is from this domain.
He also believes in Warren Buffett's quote "Taking jobs to build up your resume is the same as saving up sex for old age".
Jul 18, Gaurav Prabhu rated it really liked it. A simple guide for those who are new to wealth creation. It is intimidating at first however as you go on, you get a confidence that it ain't that complex. The book strips all the complexity on the topic and provides in a transparent manner. A bonus chapter at the end is inspiring. I won't reveal what it talks about, that's for you to figure. This small guide is for all those who want to start a journey of financial independence and even something bigger!
Jun 15, Tanmay Jadhav rated it liked it. Okay, first things first. This book does not do what it claims. It is in no way an exhaustive guide to good wealth. This book is primarily for people with zero to little understanding of personal finances and investment. The book does a very good job of introducing the various avenues in personal financing, saving and investment but in no way digs deeper. I'd suggest this book to anybody who wants to start the journey towards understanding money. Cheers, Tanmay J.
Four Starts for Simplicity. If you have zero knowledge on personal finance and investment, this is the right book to start with. Some of the suggestions look very unwise.
13 Steps to Bloody Good Wealth by Ashwin Sanghi
So don't take everything in this book as it is. Use your common sense. Ex Somewhere in the book.. Doesn't make sense. Jan 18, Sushil rated it it was amazing. Great book. It was nice surprise. I had not expected such a practical info from this book. After reading 12 steps to good luck I tried this book.
It's different from other financial self help book as it focuses on South East Asian perspective, it's practical and written in simple and fluid language. Loved it.
Read this you will learn lot about wealth.. May 23, Urvir rated it it was amazing. A very nice book Stories impress you Everyone who has started working.. Simple language. Worth a read. It's amazing to see how lot of it is put together I like the narrative of this book At the same time in many places author has exlicitly mentioned about the depth this book can adress in to each of financial planning topics.
Oct 14, Yash Garg rated it it was amazing. Brilliant, easy read.
Recommend for year olds. Jun 29, Pushker Yadav rated it really liked it.
Good book to know basics of wealth creation. Mar 21, Rohit Dhodi rated it really liked it. Good book for a starter.. Jun 30, Vedvrat Shikarpur rated it it was amazing Shelves: Brilliant, easy to read and will make creating a goal to save and invest money a lot simpler.
May 29, Vinod rated it did not like it. Ok Ok the book made interesting reading. The author is genius in his own right. Ignites fire in reader. Thank you. Jan 02, Monalisa rated it really liked it. An excellent book for people who want to change their mindset regarding wealth and increase their financial IQ.
Nov 16, Jesse Dhammu rated it really liked it. Basics of investing and financial education book every teenager should read. Aug 06, Sri Raman rated it really liked it. This book Indianize the various concepts introduced by best seller books like Rich dad poor dad.
Nice to understand about the wealth and how to manage it. A must read Ashwin has given us a easily understandable book. The content is very simple and easy to practice. Please read this helpful book to live a healthy life. Feb 10, Chhama rated it really liked it. A practical guide to building your wealth as well as new avenues for generating income. Very beginner friendly.
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Feb 05, Shabbir rated it liked it. Good book for beginners in wealth creation It seems most of the data collected from various books. I've read Rich DAd poor dad hence from chapter 8 I found interesting.
Simple language used, therefore easy to read. Feb 25, Dr Nitin Rai Vohra rated it it was amazing. Ashwin Sanghi starts with the sentence " What gives me through right to write a book about wealth?
Verified Purchase. Ashwin Sanghi has somehow managed to bring the meabing of real financial independence and real wealth through this book. The book is good for people who always underestimate their values based on their financial condition. The writer has beautifully differentiate Money and Wealth in this book.
Money is not the real wealth and vice versa. I was quite impressed with some out of the box ideas shared by the writer. The book would definitely guide you the best possible way to stay wealthy and at the same time will also describe that being RICH always doesnt means Wealthy. The language of the book is east and understandable but at some point you start getting a little bored. The reason is a little lengthy explanation of the same thing over an extended time frame. But that never means the book is less worthy.
A famous persobality said that a good BOOK is equivalent to friends. So I always prefer reading books, atleast at my bed time. Moreover if you consider the cost of the book, its worth every single penny.
I can bet that once you finish the book, you will start seeing the world in a different perspective altogwlether. But after reading this I will try to come up Thanks for this I will try to follow this. Right now I am in a very bad stage of my life I had lost every thing of my life, I am having lot of liability from bank as well from market, this happen due to my bad business decision. Like me the author grew up in the 70s and 80s in urban middle class India and experienced the miseries of socialist India first hand.
I can picture Karsanbhai Patel working as a government babu during the day and selling his homemade detergent in the evening by going from house to house on his cycle selling individually to housewives. This book is an easy and quick read. Whatever written is in simple terms and very valuable info and right set of suggestions for investment.
Remember the book doesn't go into details of each and every tools or ways to invest but will provide a clear insight, let me call it foundation or an idea for creating wealth. Long term planning is necessary and author clearly highlights it's importance with great examples. People who are at start of their career should spend time reading the book and should plan well for their own benefit, especially the IT folks as in today's world, an IT job is not much of relevance after crossing 10 years of experience.
One person found this helpful. Right from the beginning, this book starts making sense. I would highly recommend this book for people who just started working in mid-twenties or early thirties to build up their financial IQ.
This book covers all the investment steps and avenues in just enough detail so as to bring out the curious self within you. Thanks authors for such wonderful and consolidated work. In my opinion, it falls in "Okay Okay" category. Its that similar. I am not saying writer has copied anything from "rich dad poor dad" however, the book should be able to give a different perspective of its own and writer should have his own unique voice.
It shouldn't feel like I am reading some other book on the same topic. The book is written in such a manner that someone who has no financial education can pick up the knowledge very quickly.
The real life examples are truly awesome and inspire one to take control of their finances. All business people should read this.
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