{"product_id":"millionaire-habits-isbn-9781394197293","title":"Millionaire Habits","description":"\u003cp\u003e\u003cb\u003eTransform your financial present and future so you can give back to the people you care about the most\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eMillionaire Habits: How to Achieve Financial Independence, Retire Early, and Make a Difference by Focusing on Yourself First, \u003c\/i\u003epopular personal finance educator Steve Adcock delivers a fun, insightful, and hands-on discussion of how to build financial security, retire early, and give back to the community. You’ll learn to focus on yourself and your family first, creating personal wealth for the purpose of giving back to others. \u003c\/p\u003e\u003cp\u003eIn the book, the author explains that “saving money” isn’t a goal in and of itself, but rather the end product of the personal wealth equation: Wealth = Income + Investments – Lifestyle. You’ll discover how to pay yourself first with concrete guidance and practical advice drawn from people who built wealth on modest incomes. \u003c\/p\u003e\u003cp\u003eYou’ll also find: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eStrategies for maintaining your physical and financial fitness so you can maximize the value of your assets\u003c\/li\u003e \u003cli\u003eWays to turn your existing wealth into even more valuable investments that generate continued, passive income\u003c\/li\u003e \u003cli\u003eMethods to help you retire early and enjoy your financial independence at a young age\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003ePerfect for young professionals, working families, self-employed people, and anyone else seeking to increase their net worth and get more out of life, \u003ci\u003eMillionaire Habits\u003c\/i\u003e is the intuitive and engaging personal finance roadmap we’ve all been waiting for. \u003c\/p\u003e\u003cp\u003eIntroduction xi\u003c\/p\u003e \u003cp\u003eWe Retired in Our 30s in an Airstream RV xiv\u003c\/p\u003e \u003cp\u003eHow To Use This Book xv\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 1: The 10 Habits of Millionaires—the Wealth-Building Time Line 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 1 Millionaires Say Yes 7\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eAm I Suggesting That You Say Yes to Every Opportunity You Get? 13\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 2 Millionaires Are Selfish 15\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eFinances 17\u003c\/p\u003e \u003cp\u003eThe Five Pillars of Financial Selfishness 17\u003c\/p\u003e \u003cp\u003eHealth 19\u003c\/p\u003e \u003cp\u003ePhysical Health 20\u003c\/p\u003e \u003cp\u003eMental Health 22\u003c\/p\u003e \u003cp\u003eWork 23\u003c\/p\u003e \u003cp\u003eCompensation 24\u003c\/p\u003e \u003cp\u003eWork-Life Balance 25\u003c\/p\u003e \u003cp\u003eRecognition 27\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 3 Millionaires Maximize Income 33\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eSwitch Companies 35\u003c\/p\u003e \u003cp\u003eStart a Side Hustle 36\u003c\/p\u003e \u003cp\u003eAsk for a Raise 42\u003c\/p\u003e \u003cp\u003eWhat about Investing? 46\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 4 Millionaires Pay Themselves First 49\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow Does Pay Yourself First Work? 51\u003c\/p\u003e \u003cp\u003eWhen Is Pay Yourself First Not a Good Idea? 55\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 5 Millionaires Automate Everything 59\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Should You Automate? 61\u003c\/p\u003e \u003cp\u003eWhen Should Each Automation Happen? 62\u003c\/p\u003e \u003cp\u003eHow to Set Up Financial Automation 63\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 6 Millionaires Invest (A Lot) 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eStocks 69\u003c\/p\u003e \u003cp\u003eBonds 70\u003c\/p\u003e \u003cp\u003eIndex Funds 71\u003c\/p\u003e \u003cp\u003eTargeted Retirement Funds 73\u003c\/p\u003e \u003cp\u003eExchange-Traded Funds (ETFs) 74\u003c\/p\u003e \u003cp\u003eMutual Funds 75\u003c\/p\u003e \u003cp\u003eReal Estate 75\u003c\/p\u003e \u003cp\u003eTraditional 401(k) 78\u003c\/p\u003e \u003cp\u003eRoth IRA 80\u003c\/p\u003e \u003cp\u003eHealth Savings Accounts 80\u003c\/p\u003e \u003cp\u003eCryptocurrencies 81\u003c\/p\u003e \u003cp\u003eActive vs. Passive Investing 82\u003c\/p\u003e \u003cp\u003eThe “Passive-first” Investment Strategy 83\u003c\/p\u003e \u003cp\u003eLong-term Investing Makes Millionaires 85\u003c\/p\u003e \u003cp\u003eWhy Dollar-cost Averaging Works 86\u003c\/p\u003e \u003cp\u003eAre Stocks Down? Don’t Panic! 87\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 7 Millionaires Save for Emergencies 91\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHow Much Should You Save? 93\u003c\/p\u003e \u003cp\u003eHow to Set Up Your First Emergency Fund 93\u003c\/p\u003e \u003cp\u003eStep 1: Separate It 94\u003c\/p\u003e \u003cp\u003eStep 2: Make It a Priority 95\u003c\/p\u003e \u003cp\u003eStep 3: Use Automation to Make It Easy 95\u003c\/p\u003e \u003cp\u003eWhere Should You Keep Your Emergency Savings 96\u003c\/p\u003e \u003cp\u003eWhat Is An Emergency? 97\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 8 Millionaires Create Their Own Luck 101\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eOur Choices Compound 103\u003c\/p\u003e \u003cp\u003eHow to Create Your Own Luck 105\u003c\/p\u003e \u003cp\u003eAdopt a Positive Mindset 106\u003c\/p\u003e \u003cp\u003eTake Calculated Risks 107\u003c\/p\u003e \u003cp\u003eBe Proactive 109\u003c\/p\u003e \u003cp\u003eBe Open-minded 110\u003c\/p\u003e \u003cp\u003eVisualize Your Success 111\u003c\/p\u003e \u003cp\u003eWork Hard 113\u003c\/p\u003e \u003cp\u003eBuild a high-quality Network 114\u003c\/p\u003e \u003cp\u003eDitch Your Comfort Zone 115\u003c\/p\u003e \u003cp\u003eVolunteer 117\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 9 Millionaires Control Their Spending 119\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eYour Income Doesn’t Equal Your Wealth 120\u003c\/p\u003e \u003cp\u003eThe Five-step Framework to Control Your Spending 121\u003c\/p\u003e \u003cp\u003eStep 1: Identify All Your Expenses 121\u003c\/p\u003e \u003cp\u003eStep 2: Decide on Expenses to Cut or Reduce 123\u003c\/p\u003e \u003cp\u003eStep 3: Create a Spending Plan 125\u003c\/p\u003e \u003cp\u003eStep 4: Track Your Expenses 126\u003c\/p\u003e \u003cp\u003eStep 5: Set Financial Goals 127\u003c\/p\u003e \u003cp\u003eThe Difference between Cheap and Frugal 128\u003c\/p\u003e \u003cp\u003eThe 72-hour Rule 130\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHabit # 10 Millionaires Stay Out of [Bad] Debt 133\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eThe Two Types of Debt 134\u003c\/p\u003e \u003cp\u003eHow to Get Out of Debt 139\u003c\/p\u003e \u003cp\u003eThe Debt Avalanche Method 140\u003c\/p\u003e \u003cp\u003eThe Debt Snowball Method 142\u003c\/p\u003e \u003cp\u003eHow to Stay Out of Debt 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart 2: How to Fire—what Is Financial Independence Retire Early? 147\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eThe Simple Math Behind FIRE 153\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhen Have You Achieved FIRE? 154\u003c\/p\u003e \u003cp\u003eYou Can Fall Out of Financial Independence 158\u003c\/p\u003e \u003cp\u003e\u003cb\u003eHealth Care in Retirement 161\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eHealthshares 162\u003c\/p\u003e \u003cp\u003eTraditional Health Care 164\u003c\/p\u003e \u003cp\u003eCobra 165\u003c\/p\u003e \u003cp\u003eMedicaid 166\u003c\/p\u003e \u003cp\u003eNo Health Insurance 166\u003c\/p\u003e \u003cp\u003e\u003cb\u003eThe Different Flavors of FIRE 169\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eTraditionalFIRE 169\u003c\/p\u003e \u003cp\u003eLeanFIRE 170\u003c\/p\u003e \u003cp\u003eFatFIRE 171\u003c\/p\u003e \u003cp\u003eCoastFIRE 171\u003c\/p\u003e \u003cp\u003eBaristaFIRE 172\u003c\/p\u003e \u003cp\u003eHybridFIRE 173\u003c\/p\u003e \u003cp\u003e\u003cb\u003eDebunking the Criticisms of FIRE 175\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eWhy You Should Never Retire Early 181\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eWhat Are You Retiring To? 183\u003c\/p\u003e \u003cp\u003e\u003cb\u003eWhat’s Next? 185\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eBonus Chapter: Why Credit Cards Are a Gold Mine 187\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eBenefits of Using Credit Cards 188\u003c\/p\u003e \u003cp\u003eHow Credit Cards Get Hacked 189\u003c\/p\u003e \u003cp\u003eHow to Use Credit Cards Wisely 190\u003c\/p\u003e \u003cp\u003e1. Use Credit Cards Only as a Convenience 190\u003c\/p\u003e \u003cp\u003e2. Choose Credit Cards with the Best Perks 191\u003c\/p\u003e \u003cp\u003e3. Pay Off the Card Every Month 192\u003c\/p\u003e \u003cp\u003e\u003cb\u003eBonus Chapter: Why “Follow Your Passion” Is Bad Advice 193\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProblem: It Assumes That Our Passions Never Change 194\u003c\/p\u003e \u003cp\u003eProblem: It Makes It Seem as If Jobs Should Be Fun 194\u003c\/p\u003e \u003cp\u003eProblem: Full-time Jobs Destroy Passions 195\u003c\/p\u003e \u003cp\u003eProblem: Your Passions Are Not Always Your Strengths 195\u003c\/p\u003e \u003cp\u003eProblem: You Might Not Know Your Passion 196\u003c\/p\u003e \u003cp\u003e\u003cb\u003eBonus Chapter: How to Talk to Your Spouse about Money 199\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eConclusion 203\u003c\/p\u003e \u003cp\u003eAcknowledgments 205\u003c\/p\u003e \u003cp\u003eAbout the Author 207\u003c\/p\u003e \u003cp\u003eIndex 209\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eSTEVE ADCOCK\u003c\/b\u003e is a former IT worker who, together with his wife, became financially independent at age 35. He teaches others how to achieve financial security and well-being. In his downtime, he and his wife travel the world and enjoy nature living in their off-grid home in the sun-drenched Southwest.   \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eMillionaire Habits: How to Achieve Financial Independence, Retire Early, and Make a Difference by Focusing on Yourself First\u003c\/i\u003e, celebrated personal finance expert Steve Adcock delivers an insightful and practical discussion of how to prepare yourself to make positive changes in the world by prioritizing your financial independence, health and fitness, and volunteerism. \u003c\/p\u003e\u003cp\u003eYou’ll learn why it’s not possible to help others if we’re too busy playing catch-up with our own finances and physical health. Just as our flight attendants urge us to put our own oxygen masks on first before helping others with theirs, the author shows us how to build wealth so we can put ourselves in a position to contribute to the well-being of our loved ones and community members. \u003c\/p\u003e\u003cp\u003e\u003ci\u003eMillionaire Habits\u003c\/i\u003e explores the personal wealth equation: Wealth = Income + Investments – Lifestyle. It explains why the only true wealth is what’s left over after you subtract lifestyle expenses and shows you how “saving money” isn’t a goal in and of itself, but rather the result of the personal wealth equation. \u003c\/p\u003e\u003cp\u003eThe book explains how to become truly financially independent by making yourself—and your family—your first priority. It builds on the old saying, “Pay yourself first,” with concrete guidance and practical advice that helps you build wealth and snowball your investments and savings into even more gains. \u003c\/p\u003e\u003cp\u003eA fun, informative, and actionable blueprint for achieving financial independence at any stage of life, \u003ci\u003eMillionaire Habits\u003c\/i\u003e is a hands-on personal finance strategy guide that’s perfect for young professionals, working families, entrepreneurs, and anyone else hoping to realize financial security while they can enjoy it the most.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eBuild your financial future—and give back to others—by putting yourself and your family first\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003e\u003ci\u003eMillionaire Habits: How to Achieve Financial Independence, Retire Early, and Make a Difference by Focusing on Yourself First\u003c\/i\u003e is an easy-to-read and practical roadmap for financial independence and security. In the book, author Steve Adcock explores why “saving money” isn’t a goal in and of itself, but rather the end product of the personal wealth equation: Wealth = Income + Investments – Lifestyle. \u003c\/p\u003e\u003cp\u003eHe shows you how to build a healthy financial future by focusing on yourself and your family first, making those most important to you your first priority as you plan ahead. You’ll learn to develop a “healthy selfishness,” which will allow you to put yourself in a financial and personal position to help others and give back to your loved ones, your neighbors, your community, and more. \u003c\/p\u003e\u003cp\u003eAn essential and invigorating resource for working families, professionals at any stage of their careers, self-employed people, and anyone else looking for an effective way to build a resilient and lucrative financial future, \u003ci\u003eMillionaire Habits\u003c\/i\u003e is the actionable strategy guide for personal finance that regular people everywhere have been waiting for.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989627814117,"sku":"NP9781394197293","price":29.95,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394197293.jpg?v=1761784868","url":"https:\/\/k12savings.com\/products\/millionaire-habits-isbn-9781394197293","provider":"K12savings","version":"1.0","type":"link"}