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From Ramen to Riches: Building Wealth in Your 20s: Or Spending, Saving, Investing and Managing Your Money to Get Rich Slowly, but Surely - Softcover

James G. Wood

 
9780982825105: From Ramen to Riches: Building Wealth in Your 20s: Or Spending, Saving, Investing and Managing Your Money to Get Rich Slowly, but Surely

Synopsis

"You mean to tell me you've been employed as a software engineer for five years and your net worth is $500?" These are not the words you want to hear from your mortgage banker when you're looking to borrow a large sum of money. Despite a well-paying job, the author had managed to spend everything he had earned in the five years after college. The meeting with the mortgage officer was his epiphany. He finally got serious about managing and investing his money. Now in his early 50s, the author is debt free, owns a house free and clear, and has built a retirement portfolio that will comfortably sustain him and his wife in the coming years. This book aims to help people in their 20s avoid the same financial mistakes. In a breezy, humorous, and conversational style, it describes a common-sense approach to spending, saving, investing, and managing your money to get rich slowly, but surely.

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About the Author

The oldest of nine children, Jim Wood is a natural coach and mentor. His mission is to share his passion for personal finance by increasing financial literacy, especially for those aged 18 to 30 who can most benefit from this knowledge. Jim retired from his corporate job at age 47 after 25 years in high tech. He held positions as a software engineer, information technology manager, and business strategy manager. He earned a B.A. in Psychology with Distinction from Boston University. He also holds an M.S. in Engineering Management from Stanford University. Jim lives in San Diego, California with his wife and son.

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