Following a review on David Bach’s FinishRich series, Start Over, Finish Rich, I have decided to read the book, Start Late, Finish Rich as I feel that at my mid-30s, I am already kind of late and wanting to learn what are the steps that I can take to finish (retire) rich.
Although the title of the book says that it is meant for people who are starting their journey late and still wants to finish rich, I personally feel that what was mentioned in it is in fact applicable for people who are still in their 20s or even early 30s and hopes to turbo-charge their journey and retire earlier.
In the book, Start Late, Finish Rich, David talks about:
- Stop Complaining
- Spending Less
- Save More
- Make More
- Give More, Live More
For those who have read his previous books would have known about David’s Latte Factor. In Start Over, Finish Rich, David talks about how to increase the factor to turbo-charge the spending less. Something which he calls it Double Latte Factor.
In the section on Save More, David talks about a great method on how to repay your mortgage loans, as long as 8 years, earlier and yet save $71,000. A method that was mentioned in his other book The Automatic Millionaire.
What I personally learnt most from the book was on the section on Make More. He had pointed out on how to make use of real estate to finish rich.
If you feel that you are currently late in your journey to financial freedom like me, or wants to retire earlier, I would highly recommend reading this book.