On a whim I bought myself a copy of Doug Andrew's book "Millionaire By Thirty: The Quickest Path to Financial Independence." Despite my hobby-slash-vice of car modification, I am interested in trying to make my money grow.
I'm almost halfway through the book, and he does offer quite unconventional advice. Never have I heard of actually embracing a select amount and type of debt to make money. Unfortunately most of the tips the Andrews offer -- Doug shares writing credits with his two sons -- seems more applicable to the US than the Philippines. I have no idea, for example, if his suggestion of getting a mortgage is as tax-deductible here as it is in America.
Because of that, my feelings toward the book are mixed. Great tips, yes -- but I have no idea if they'll work here.
I'm almost halfway through the book, and he does offer quite unconventional advice. Never have I heard of actually embracing a select amount and type of debt to make money. Unfortunately most of the tips the Andrews offer -- Doug shares writing credits with his two sons -- seems more applicable to the US than the Philippines. I have no idea, for example, if his suggestion of getting a mortgage is as tax-deductible here as it is in America.
Because of that, my feelings toward the book are mixed. Great tips, yes -- but I have no idea if they'll work here.
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