Everything You Know About Money is Wrong!, by Jonah Jones
Debunking the Myths and Exposing the New Rules for Riches! In this book, a contrarian and skeptical approach is taken to the conventional wisdom about money. The trouble with most financial how-to books is that they are based on the outdated wisdom of the old days, before the internet, when the only ways to get rich were trading stocks or flipping houses. Not this book.
We describe the new rules in great detail and how to apply them to your financial life. They are as follows:
-You don’t need a good job to make good money, because there are four ways to make money in America. -You can no longer save money today and make a return, instead you must leverage your money. -Houses, cars, computers and items of all sorts are not assets, they are liabilities. The only thing that is a true asset is something that puts money in your pocket. -Debt is not always bad. There’s debt that’s actually good (if it helps you build credit). -It’s not how much money you make, but how much…