Quit Like a Millionaire, Kristy Shen
Quit Like a Millionaire, Kristy Shen
6 Rating(s)
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Quit Like a Millionaire
No Gimmicks, Luck, or Trust Fund Required

Author: Kristy Shen, Bryce Leung, JL Collins

Narrator: Kristy Shen, JL Collins

Unabridged: 8 hr 40 min

Format: Digital Audiobook Download

Publisher: Penguin Audio

Published: 07/09/2019

Includes: Bonus Material Bonus Material Included


Synopsis

From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence

A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms

Kristy Shen retired with a million dollars at the age of thirty-one, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate. Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your investments to survive bear markets and black-swan events, and use the 4 percent rule and the Yield Shield--so you can quit the rat race forever. Not everyone can become an entrepreneur or a real estate baron; the rest of us need Shen's mathematically proven approach to retire decades before sixty-five.

*Includes a PDF of detailed charts, graphs, formulas, illustrated strategies, and the complete appendices from the book, to help reach financial independence and retire early.

About The Author

Kristy Shen and Bryce Leung are world travelling early retirees. Their story has been featured in media outlets all over the world, including the New York Times, CBC, CNBC, Women's Health Magazine Australia, Germany's Handelsblatt, GQ Russia, and the UK's Independent. They spend their time helping people with their finances and realizing their travel dreams on www.millennial-revolution.com.


Reviews

Goodreads review by Lenjo on July 09, 2019

My first thought was: "Another FIRE book? Is there anything new to say?" Apparently there is. I absolutely loved the book. Here a short pro and con List: Cons: - Very US and Canada centered, even though not as much as other books. Only a few pages though. - No "How To" for Newbies. This is more like a......more

Goodreads review by Mara on September 12, 2019

4.5 stars - Well damn. I was just trying to do some reading to figure out how to optimize my retirement strategy so that I could retire at 50. Now I'm thinking I could retire way sooner? This was excellent informative non-fiction, and I really loved how Shen incorporated her personal story to drive......more

Goodreads review by Leilani on March 22, 2021

This book is okay. There is a lot of useful information, and I like Kristy Shen's sense of humor. However it's pretty clear that Shen has an isolated and limited understanding of the factors that drive poverty (and wealth) at a societal level, especially in the US. Her story of growing up poor and l......more

Goodreads review by Shannon on April 01, 2019

This book got me thinking about my Roth IRAs, my 401k and my savings/investments differently. Indexes? Who knew? Did you know that traveling the world actually can cost less than staying in one place (or home) for a year? Wow. This book will have you re-thinking how you think about money; and while......more

Goodreads review by Mona on February 15, 2022

There are quite a few bad things my generation says about Millenials, but FIRE concept is something some of us secretly envy them and wish we figured it out ourselves.  Pros: 1. Good background story and skillful presentation of clash among two different cultures (including financial culture) - East a......more


Quotes

“This book wants you to be rich: in money, in time, and in life. You have come to the right place. Kristy and Bryce take you through the process step by step, with actionable things that you can do no matter what your age, location, background, or education.”—JLCollins, bestselling author of The Simple Path to Wealth

“Kristy Shen and Bryce Leung, in a few hundred delightful, information-packed pages, shows exactly how Kristy went from rags (in China) to riches (retired world traveler millionaire at 30). Their stories are fascinating, told in a no-nonsense style that busts through any excuses. Their precise investment strategies, explained clearly, show you how to both get financially independent—and stay there. And they're hilarious.”—Vicki Robin, New York Times bestselling co-author of Your Money or Your Life
 
"Quit Like a Millionaire is the best possible combination: Life-changing information with a page-turning writing style that you simply cannot put down! Equal parts engaging, hilarious, and transformative, Kristy and Bryce deliver with the rare book that'll make you look at the world a little bit differently."—Brad Barrett, co-host of the ChooseFI podcast

Quit Like A Millionaire is about so much more than making money, traveling the world, and retiring early (although it teaches you how to do all three insanely well!). It’s a new roadmap to living an awesome life! You don't need to settle for status quo. Life's too short for that; so don't. This book will both inspire and entertain you, while actually giving you the steps and mindset to become a millionaire. Retiring early isn't easy, but it's never been easier in history to make it happen. There’s no fluff here. This is the real deal.”—Grant Sabatier, author of Financial Freedom; creator of Millennial Money

“When your money and priorities are in sync, you find financial peace; I’ve taught that principle for years. Kristy’s personal story showed me how one does the scary work required to discover those real priorities. This book is a testament to the power of knowing what you want your money to do for you with absolute clarity, and then going after it unapologetically.”—Jesse Mecham, Wall Street Journal bestselling author of You Need a Budget; founder of YNAB

“A step-by-step manual to early retirement, filled with practical tips and tricks that anyone can use to accelerate their journey to financial freedom. Shen’s story is compelling and her advice actionable. I’ve been reading and writing about personal finance for fifteen years but still learned a ton from this book.”—J.D. Roth, creator of Get Rich Slowly; author of Your Money

"There's nothing better than a financial book that comes from a place of storytelling instead of preaching, and Kristy Shen and Bryce Leung elevate the art to new levels in Quit Like a Millionaire. No matter your current money situation, you will feel inspired instead of overwhelmed and be ready to make actionable change to live your best financial life."—Erin Lowry, author of Broke Millennial Takes On Investing

“Becoming a millionaire isn’t magic… it’s math. And while numbers don’t lie, people tend to lie to themselves about money, making up stories about why they can’t get ahead or how things would be different if only they were dealt a better hand. Quit Like a Millionaire contains all the tools you need to master your money.  Even more importantly though, it’s Kristy’s personal story—from living on $0.44 a day to retiring early at the age of 31—that will inspire you to break free from your own excuses so that you can start living a life you never dreamt was possible.”—Brandon Ganch, founder of the MadFientist podcast and website

“Shen takes readers on a journey through her incredible life from impoverished childhood in China to world traveling early retired millionaire. With precision and humor, Shen outlines the choices she made along the way and the math behind her successes. Her uplifting personal story is undergirded by resonant, easy-to-understand explanations of financial mechanics that enable unusual life choices and unconventional alternatives. Shen inspires, explains, and guides with aplomb.”—Elizabeth Willard Thames, author of Meet the Frugalwoods: Achieving Financial Independence Through Simple Living

“Two heroes of the FIRE movement.”—Salon

“They’re spilling the secrets to their no-trust-fund-required approach to the FIRE movement in a new book, Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required.”—Parade

"Quit Like a Millionaire, a memoir-cum-how-to guide came out this month and presents financial independence as a route to happiness and is refreshingly dismissive of home ownership as an investment."—The Guardian (US)

"Financial experts view scarcity mind-set as being a hindrance to building wealth, but for this author, it equipped her with the habits to do so."—Fast Company