Business and Finance Business and Finance
Mon, March 24, 2025
Sun, March 23, 2025
[ Last Sunday ] - Kiplinger
What DOGE is Doing Now

A Gen-Xer fell behind on savings, changed his investment strategy, and now plans to retire early. 2 books changed his mentality.


Published on 2025-03-23 07:20:51 - Insider
  Print publication without navigation

  • Like most Gen Xers, Brannon Potts didn't learn basic personal finance lessons in school, but two books helped turn his finances around.

The article from Business Insider discusses how real estate investor Chad Willardson attributes his financial success to two influential books: "Rich Dad Poor Dad" by Robert Kiyosaki and Sharon Lechter, and "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko. Willardson explains that "Rich Dad Poor Dad" shifted his mindset from seeing money as something to be earned through labor to an asset that can work for you through investments. This book taught him the importance of financial education and investing in assets rather than liabilities. On the other hand, "The Millionaire Next Door" provided insights into the habits and lifestyles of America's wealthy, revealing that many millionaires live frugally and accumulate wealth through consistent saving and investing rather than high earnings. Willardson credits these books with changing his approach to money, leading him to invest in real estate and adopt a more strategic financial mindset.

Read the Full Insider Article at:
[ https://www.businessinsider.com/real-estate-investor-says-two-money-books-changed-his-mentality-2025-3 ]