

The book presents some interesting arguments and practical advice. However, it’s nowhere near as good as The Psychology of Money. Many of the arguments rely on anecdotes rather than studies or statistics, which makes them feel like generalizations from the author’s viewpoints and confirmation biased cherry picking. This significantly weakens the overall credibility.
That said, I do like the concept of independence, and the level-based framework for independence is particularly helpful.
The book presents some interesting arguments and practical advice. However, it’s nowhere near as good as The Psychology of Money. Many of the arguments rely on anecdotes rather than studies or statistics, which makes them feel like generalizations from the author’s viewpoints and confirmation biased cherry picking. This significantly weakens the overall credibility.
That said, I do like the concept of independence, and the level-based framework for independence is particularly helpful.