Your journey to financial freedom : a step-by-step guide to achieving wealth and happiness
(Book)
Author
Published
Toronto, Ontario, Canada : Hanover Square Press, [2023].
Format
Book
ISBN
9781335007797, 1335007792
Physical Desc
362 pages : illustrations ; 22 cm
Status
Description
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More Details
Published
Toronto, Ontario, Canada : Hanover Square Press, [2023].
Language
English
ISBN
9781335007797, 1335007792
Notes
Bibliography
Includes bibliographical references (pages 347-349) and index.
Description
"Journey to Launch podcaster Souffrant debuts with a sound program for achieving financial independence, which she defines as being able to live on the "money you've accumulated in your investment accounts... indefinitely." Her five-step program involves figuring out "what your bills and liabilities are in comparison to what you're earning," paying off most debts, establishing an emergency fund, "investing consistently and growing your assets," and maintaining a financially sustainable lifestyle once one accumulates enough wealth to support themselves without a job. Souffrant's down-to-earth style makes financial principles accessible, as when she explains the benefits of investing in index funds over individual companies by noting the latter "involves taking on more concentrated risk whereas investing in the overall market and passively waiting for returns on average can be a more efficient strategy" because of the "low work" and "low effort" required. The author is also unusually sympathetic to the notion that sometimes short-term spending can be worth postponing financial independence, as when she recounts her decision to splurge on a family trip to Disneyland instead of investing the money. Additionally, her suggestions are specific and pragmatic (her "25x rule" recommends saving 25 times one's desired annual spending before retiring). Approachable and sensible, this gets the job done" --,Publisher's Weekly, (2023).
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Copies
Location | Call Number | Status |
---|---|---|
Bernards Township Library - Adult Nonfiction - New | 332.024 SOU | Available |
Chatham Borough-Chatham Township Library - Adult Nonfiction - New | 332.024 SOU | Available |
Denville Library - Adult Nonfiction | 332.024 SOU | Available |
East Hanover Library - Adult Nonfiction - New | 332.024 SOU | Available |
Florham Park Library - Adult Nonfiction - New | 332.024 SOUFFRANT | Available |
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Citations
APA Citation, 7th Edition (style guide)
Souffrant, J. (2023). Your journey to financial freedom: a step-by-step guide to achieving wealth and happiness . Hanover Square Press.
Chicago / Turabian - Author Date Citation, 17th Edition (style guide)Souffrant, Jamila. 2023. Your Journey to Financial Freedom: A Step-by-step Guide to Achieving Wealth and Happiness. Hanover Square Press.
Chicago / Turabian - Humanities (Notes and Bibliography) Citation, 17th Edition (style guide)Souffrant, Jamila. Your Journey to Financial Freedom: A Step-by-step Guide to Achieving Wealth and Happiness Hanover Square Press, 2023.
MLA Citation, 9th Edition (style guide)Souffrant, Jamila. Your Journey to Financial Freedom: A Step-by-step Guide to Achieving Wealth and Happiness Hanover Square Press, 2023.
Note! Citations contain only title, author, edition, publisher, and year published. Citations should be used as a guideline and should be double checked for accuracy. Citation formats are based on standards as of August 2021.
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