I said 2018 was all about learning to become financially responsible, and the key to doing that is to be both motivated to learn and to demystify the world of finance. Enter: Tony Robbins. Odds are you know the name. The man is charismatic and passionate, two vital ingredients needed to motivate absolutely anyone to do absolutely anything. What’s he motivating here?
A lifetime income plan.
Sounds too good to be true, doesn’t it? And for someone with little income, it sounds downright scary beyond all reckoning. After all, one must risk a great deal to reap great rewards. Or so they say. Robbins is all about busting that myth and pretty much all of the others, especially the ones you tell yourself. He’s not interested in what can’t be done. He’s interested in what can be done, how it can be done, and how to get you through to the other side of it.
Following the 2008 market crash that spiraled us into deep recession, Robbins got angry on behalf of all of us. The little guys keep getting screwed over, and the rich who did the screwing got to remain rich. Why? Because just like in Vegas, the game is rigged in favor of the house. Except it doesn’t have to be that way. Having started from nothing himself, Robbins decided to demystify the financial systems in play for those of us who would otherwise be afraid of them, and in the process he learned quite a bit himself. Win-win. To demystify the world of money, Robbins used his clout to set up interviews with the most powerful and respected financial wizards in the world, picking their brains in an effort to allow anyone to become an insider. This book is the result of what he learned and how he was able to streamline it for practical use by the masses. That’s the key.
The information in this book is designed to be understood and used by anyone, regardless of age or income level.
Sounds easy, right? How easy? It’s not quite “monkey see, monkey do,” but it’s about as close as this sort of thing will ever get. Not to put a fine point on it, but… I can follow this. Me. Back in college, I was an art major. Or as my Dad would so bluntly put it, “Do you want fries with that?” The world of finance ranked right up there with manned space flight or the personal development of mutant powers in terms of difficulty and belief of achievement. No so anymore. As the old saying goes, when the student is ready, the master will appear. This student was ready, and the master was kind enough to really dumb it down for me without talking down to me in the process. That’s pretty much the formula that made Robbins’ reputation, let’s be honest here. Ladies and gents, it doesn’t get any better or easier than this.
For all the positives I can claim about this book, it also comes with suggested tools that may, perhaps, fly in the face of the advice given. As with anything, it’s always best to do the research for yourself and compare notes; caveat emptor, after all. For example, there’s a tool that Robbins suggests courtesy of Stronghold International. A quick Google search will lead you to this detailed review of their tool that I found most enlightening. That said, while the tool may be less than impressive, the advice is still top shelf from cover to cover. Robbins outright says there are other fiduciaries out there and offers up the key criteria to finding one on your own. I found the advice in conjunction with the research to be an invaluable milestone that said I’m absolutely learning how to walk on this fire. After all, if I can avoid one pitfall, I can avoid others. Not bad for a beginner, eh?
I listened to this book in audio to get the broader sense of the information, which Robbins only narrates in brief (before passing it off to a considerably less charismatic narrator). From there, an ebook reference was absolutely needed. All proceeds from the sale of this go to charity, so it’s not like I felt like I was donating to Tony’s personal castle fund. As an introduction to the world of personal finance, I seriously doubt this book could be any better. Sure, it’d be nice if everything worked perfectly, but every book on success will tell you it’s a moving target. The keys to wealth are being handed to you outright with an understanding of the vehicles that are out there, what they can do. and why they operate as they do. It’s up to you to pick the vehicle that gets you where you want to go, and more importantly, it’s up to you to drive it.