"If you live like no one else, later you can  live like no one else"

Here are the 4 main ideas from the book total money makeover.

No more denials!
if you put a frog into boiling hot water, it will immediately jump out. but if you put it in normal, room temperature water it won't. Then you can gradually increase the temperature, it will not realize and eventually lose his life. This is what happens to most of us. we don't eventually become the procrastinator or don't get out of shape a new day when opening our eyes, it all happens gradually and we don't realize it. You can stop denying and accept the problem. The first step in solving a problem is acknowledging it. after, this starts by taking small steps, new habits take time to build, you can read about habit-building in detail if you want from this book summary - Atomic Habits.  one of the concepts from that book is, make the habit attractive, attach something to the habit, that pulls you in doing it. So stop denials, acknowledge the problem, and look for a solution.

Get an emergency fund
This point is directed towards your financial management, but it can be applied anywhere, the point is you must have a backup, according to murphy's law, "Anything that can go wrong, will go wrong!" so you should be prepared, the book is about money management and being in great financial shape so let's talk about it, you should start your emergency fund with a small amount and gradually increase it, It should be enough that even if you get fired you can maintain your current lifestyle for at least 3 months.

Be Financially healthy for life, Maximize retirement investment
Your current actions are responsible for the future, you need to understand the importance of time and money and invest them. Your action should be well thought out how will they affect your future. physical and financial fitness both are similar, if you get fit once you have too little maintenance to keep it that way. Your 15% of the total income should be invested in your retirement. Thi sure means that you will have fewer resources now, like not much free time or not extra money but as its mentioned "If you live like no one else, later you can live like no one else"

Reach Financial Independence
when your invested money makes more money than you do, you are officially wealthy.

5 Wealth building vehicles are:
  • Growth and income funds
  • Growth funds
  • International funds
  • Aggressive growth funds
  • Debt-free real estate
If you are an adult you should start learning about investments and real estate. Because working for money is you can't do forever. if your money is invested in the right places, it will automatically generate more, now I am not a network marketing guy, showing you dreams of cars and bikes without any hard work. But sure your money can make money for you, and you should learn this essential skill.

This was a short summary of the book The total money makeover. if you wanna buy this book feel free to use this link - https://amzn.to/33wrbJB

Happy Reading!