Young Money: 4 Proven Actions to Design Your Wealth While You Still Can
Written by Dasarte Yarnway
Narrated by Jeff Hoyt
5/5
()
About this audiobook
Being young is the ultimate advantage when it comes to building wealth. It may not seem like it when you look at your student loan debt or when the rent comes due, but you have a huge amount of a priceless resource: time. You just need to know what to do with it. Rising-star financial advisor Dasarte Yarnway offers a simple four-step mastery approach anyone can follow to become a master wealth builder. It's a system he himself lives by.
You start by mastering the right mindset, says Yarnway. You need to always remember that you're in it for the long haul - wealth building is a marathon, not a sprint - and keep your eyes and your actions firmly fixed on your wealth-building goals. Then you have to create and master your plan. Yarnway provides advice on avoiding four critical financial pitfalls and a worksheet so you can assess exactly where you are financially, where you want to go, and how you're going to get there.
Once you have a plan, you have to start working that plan by mastering income - Yarnway looks at the three best ways to do that. With income handled, you have to master expenses. Yarnway offers seven simple ways you can control your outflows and discusses how you can minimize your tax burden while still handling your civic duties.
If you start wealth building now instead of 10 or 20 years from now, you can experiment, learn from mistakes, bounce back from setbacks, and steadily and consistently build up your legacy. As Yarnway quotes Warren Buffet, “Someone is sitting in the shade today because someone planted a tree long ago.” The sooner you plant, the more shade you'll have.
Dasarte Yarnway
Dasarte Yarnway is a Washington, DC based Financial Planner and Chief Executive Officer of Berknell Financial Group, a full service registered investment advisory firm. As the CEO of Berknell Financial Group, Mr. Yarnway focuses on implementing his RIITE Planning Process to help his clients and businesses reach their objectives in the areas of retirement planning, investments, insurance, tax and estate planning. Since the beginning of his career, Dasarte has had the privilege of working for some of the world's largest institutions, most notably Fisher Investments, Edward Jones and HSBC Wealth Management. At HSBC Wealth Management, Dasarte was responsible for nearly 80 million dollars of client assets amongst three branches. Mr. Yarnway also serves as a Board of Director for Future Leaders & Young Entrepreneurs, and is a well-known speaker and frequent panelist for a number of organizations.
Related to Young Money
Related audiobooks
Work Your Money, Not Your Life: How to Balance Your Career and Personal Finances to Get What You Want Rating: 4 out of 5 stars4/5Investing 101: How to Save, Invest, and Secure Your Retirement Rating: 5 out of 5 stars5/5How to Create and Preserve Wealth that Lasts Generations: Power Ideas to Achieve Your Money Goals Rating: 5 out of 5 stars5/5Millennial Money Makeover: Escape Debt, Save for Your Future, and Live the Rich Life Now Rating: 4 out of 5 stars4/5Get a Financial Grip: A Simple Plan for Financial Freedom Rating: 0 out of 5 stars0 ratingsBecome the Banker: Financial Clarity for Life Rating: 5 out of 5 stars5/5Money Mindset: Formulating a Wealth Strategy in the 21st Century Rating: 5 out of 5 stars5/5Wealth Your Way Rating: 0 out of 5 stars0 ratingsYour Way to True Wealth: How to Make It Happen, Make It Last, and Make It Matter Rating: 5 out of 5 stars5/5Investing in Yourself: Financial Riches for a Lifetime and Beyond Rating: 5 out of 5 stars5/5Loaded: Money, Psychology, and How to Get Ahead without Leaving Your Values Behind Rating: 4 out of 5 stars4/5100 Things Millionaires Do: Little Lessons in Creating Wealth Rating: 3 out of 5 stars3/5Make Your Kids Millionaires: The Step-by-Step Guide to Lead Children to Financial Freedom Rating: 5 out of 5 stars5/5Investing in Your 20s & 30s For Dummies: 3rd Edition Rating: 0 out of 5 stars0 ratingsThe Road to Financial Freedom: Earn Your First Million in Seven Years Rating: 5 out of 5 stars5/5The Ultimate Investment: A Roadmap to Grow Your Business and Build Multigenerational Wealth Rating: 0 out of 5 stars0 ratingsI Want To Buy A House - Where Do I Start?: Navigating The New Normal Rating: 0 out of 5 stars0 ratingsYour Money Matters: 21 Tips for Achieving Financial Security in the 21st Century Rating: 4 out of 5 stars4/5Creating Wealth with Inflation: Investing in Difficult Times Rating: 5 out of 5 stars5/5A Beginner's Guide to Dividend Stock Investing: Achieve Financial Freedom and Live Off of Dividends Forever Rating: 0 out of 5 stars0 ratings401k Investing: Your Financial Guide To A Smart Retirement Rating: 4 out of 5 stars4/5Plan For Financial Wealth Building Bundle, 2 in 1 Bundle Rating: 0 out of 5 stars0 ratingsRedefining Financial Literacy: Unlocking the Hidden Forces of Your Financial Future Rating: 5 out of 5 stars5/5Money Confidence: Really Smart Financial Moves for Newly Single Women Rating: 5 out of 5 stars5/5Money Management for Beginners & Dummies Rating: 5 out of 5 stars5/5
Personal Finance For You
The Millionaire Fastlane, 10th Anniversary Edition: Crack the Code to Wealth and Live Rich for a Lifetime Rating: 5 out of 5 stars5/5Rich Dad Poor Dad: What The Rich Teach Their Kids About Money - That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5Think and Grow Rich Rating: 5 out of 5 stars5/5Breaking Free from Broke Rating: 5 out of 5 stars5/5I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition) Rating: 5 out of 5 stars5/5How to Manage Your Money When You Don't Have Any Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 5 out of 5 stars5/5The Intelligent Investor Rating: 4 out of 5 stars4/5The Intelligent Investor Rev Ed. Rating: 5 out of 5 stars5/5Change Your Paradigm, Change Your Life Rating: 5 out of 5 stars5/5Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love Rating: 5 out of 5 stars5/5Baby Steps Millionaires: How Ordinary People Built Extraordinary Wealth--and How You Can Too Rating: 5 out of 5 stars5/5Rich Dad's Cashflow Quadrant: Guide to Financial Freedom Rating: 5 out of 5 stars5/5Rich Dad's Increase Your Financial IQ: Get Smarter with Your Money Rating: 5 out of 5 stars5/5Hustle Harder, Hustle Smarter Rating: 5 out of 5 stars5/5The Total Money Makeover: A Proven Plan for Financial Fitness Rating: 5 out of 5 stars5/5We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power Rating: 5 out of 5 stars5/5The Only Investment Guide You'll Ever Need: Revised Edition Rating: 4 out of 5 stars4/5A Healthy State of Panic: Follow Your Fears to Build Wealth, Crush Your Career, and Win at Life Rating: 4 out of 5 stars4/5Killing Sacred Cows: Overcoming the Financial Myths that are Destroying Your Prosperity Rating: 5 out of 5 stars5/5Happier Hour: How to Beat Distraction, Expand Your Time, and Focus on What Matters Most Rating: 4 out of 5 stars4/5Bad with Money: The Imperfect Art of Getting Your Financial Sh*t Together Rating: 4 out of 5 stars4/5Unshakeable: Your Financial Freedom Playbook Rating: 5 out of 5 stars5/5Rich Dad's Guide to Investing: What the Rich Invest In, That the Poor and Middle Class Do Not! Rating: 5 out of 5 stars5/5
Reviews for Young Money
2 ratings1 review
- Rating: 5 out of 5 stars5/5This book shatters the complicated world of finance that my generation may view as too intimidating. Dasarte has been navigating the waters of his personal Economy for some time now and with this book we can take his lessons and use our most valuable assets. Youth and action. This was a great perspective that every twenty-something person should highly consider reading.