Book: Secrets of Self-Made Millionaires

Title: Secrets of Self-Made Millionaires
Author: Adam Khoo

Started on this right after The Undercover Economist somewhere last Monday. Adam Khoo made news in Singapore when he first attained his millionaire status at the age of 26. He is now a professional trainer, holding a series of workshops for students, working adults, and even for coporate companies.

Secrets of Self-Made Millionaires gives readers a guide on how to manage their finances, generate multiple income streams, as well as how to generate wealth from whatever they have now. It teaches you how to adopt a proactive mindset if you are truly interested in making your income grow, how to control your spending, how to grow your income, and how to protect it. Inside, readers will learn how to generate income streams through internet marketting, and also learn basic tips on investments through various financial tools like bonds, stocks and shares, etc.

A rather decent book that acts like a step-by-step guide for those who genuinely want to create an 'Extraoordinary Income'. But like many others, this book is not for people who are thinking of how to make a 5-digit income overnight. This book requires effort and time from those who want to take action. However, if you are somewhat younger and still have yet to start work, you might find yourself lost at times, considering you have no idea how much you might earn or spend as a working adult. Nevertheless, this book teaches you the importance of saving and investing for higher than average returns, and gives you new perspective on money and how the rich people of today really spend their money.

Decent book to read, even if you do not see a need to make extra income using any of the methods Adam teaches. You can at least learn to invest your money wisely and make your life slightly more comfortable for yourself. For other related books, try Rich Dad, Poor Dad by Robert T. Kiyosaki.