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Book Description

Over half of Millennials are freaked out by their finances. Luckily, with Millennial Money Makeover readers now have a guide to help them navigate the financial issues of their time. Certified public accountant Conor Richardson offers a refreshingly helpful and elegantly designed program to tackle essential money matters. Millennial Money Makeover takes readers on a six-step journey to transform their financial life and set them up for lifelong success. From learning how to pay off student loans insanely fast to optimizing a financial ecosystem, Millennial Money Makeover teaches readers how to reclaim their financial future and jump-start the path to the rich life. Built for readers in their twenties and thirties, this book gives Millennials a proven playbook. Learn new hacks like how using robo-advisors can increase your returns and how leveraging delayed gratification when buying your first home can save you thousands. Whether you are planning a passion budget, figuring out how to finally purchase that big-ticket item, or thinking about taking your first dip into investing, Conor will show you the way.

Table of Contents

  1. Cover Page
  2. Title Page
  3. Copyright
  4. Dedication
  5. CONTENTS
  6. INTRODUCTION: THE MILLENNIAL'S WAY
    1. The New Normal: WTF
    2. Getting Unstuck
    3. Things Rich People Know
    4. The Quickest Way to Get Rich
    5. The Millennial Money Makeover
    6. Principles of Success
    7. What This Book Will Teach You
  7. 1: A RICH DECISION: MAKE THE CHOICE TO UNDERSTAND YOUR MONEY
    1. Turning Professional
    2. Building Your Confidence
    3. The Path of Least Resistance
    4. It May Get Harder Before It Gets Easier
    5. Why Talking to Yourself Is Okay (for Now)
    6. Breaking the Habit Loop
    7. Why Setting Goals Makes You Win
    8. The Professional
  8. 2: RED TO BLACK: HOW TO PAY OFF CREDIT CARDS AND STUDENT LOANS
    1. Why Debt Sucks
    2. Interest: The Silent Killer
    3. Part 1: Credit Cards
    4. Part 2: Student Loans
  9. 3: PASSION BUDGETING: HOW IT WILL CHANGE YOUR LIFE FOR THE BETTER
    1. Who Actually Budgets?
    2. Think Big, Win Big
    3. The Pareto Principle
    4. Passion Budgeting
    5. How to Budget Passionately
    6. Variable Vanities and Fixed Costs
    7. Happy Spending
    8. Financial Rules of Thumb: Myth vs. Reality
    9. Socioeconomic Downsizing
    10. Where Do You Stand?
    11. From Side Hustlers to Entrepreneurs
    12. How to Ask for a Raise
    13. Adopting a Savings Process
  10. 4: THE MAGIC OF WINNING BIG: HOW TO OPTIMIZE LARGE-TICKET PURCHASES
    1. Large-Ticket Purchase 1: Buying a Car
    2. Large-Ticket Purchase 2: Love and Money
    3. Large-Ticket Purchase 3: Buying a House
    4. Interest Distorts Your View, Again
    5. Five Reasons Millennials Aren't Buying Homeownership
    6. Thoughts on Financial Leverage
  11. 5: MINTING MOMENTUM: SAVING, INVESTING, AND CONSTRUCTING YOUR RETIREMENT
    1. Humans Aren't Wired for Saving
    2. Savings Makes You Look Younger
    3. Invest Your Ass Off
    4. Beginning the Retirement Journey
    5. The New Retirement
    6. Building Your Retirement Accounts
    7. Savings Gives You Freedom and Purpose
  12. 6: THE POWER OF AUTOMATION: LEVERAGING TECHNOLOGY TO REACH THE RICH LIFE
    1. Master Your Rice
    2. The Triple D
    3. Create a Flowchart to Help You Dominate
    4. List Your Accounts
    5. Connect the Dots
    6. Percentage Allocation
    7. The Rise of Robo-Advisors
    8. Modern Money Management
  13. CONCLUSION: WINNING THE LONG GAME
  14. MILLENNIAL MONEY MAKEOVER BONUS MATERIAL
  15. NOTES
    1. Introduction
    2. Chapter 1
    3. Chapter 2
    4. Chapter 3
    5. Chapter 4
    6. Chapter 5
    7. Chapter 6
  16. INDEX
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