About the Book
Thirty-six-year-old Vaibhav, the ever-smiling symbol of new age Indians, started his career as a driver. Today, he is the owner of a flourishing taxi service business and is scouting around to buy a Mercedes Benz…not on a loan but with the wealth, he has amassed over the years!
How did he get from being a driver to a millionaire? Three simple secrets – he had the courage to dream big, learn about financial planning and implement what he learnt.
Now, while you don’t need anyone to help you to dream big, here is a book that will teach you everything that Vaibhav learnt. All you have to do is find the tenacity to implement it.
Everything, from the importance of saving and investing and the need for life and health insurance to various investment products like mutual funds, SIP, PPF etc. that can enable you to build wealth, is explained in this book in simple and jargon-free language. It helps you to choose instruments that are most suitable for you and explains why you would be better off without others.
Dream Big simplifies and breaks down common financial planning principles such as risk profiling, asset allocation, portfolio construction, rebalancing etc. and explains the tax implications of various investment decisions. It also contains sections on planning for retirement and a legacy, and financial planning for women, divorced individuals, defence employees, senior citizens, etc.
In a nutshell, the authors, Dr Mukesh Jindal & Mr Arunraj VS, have put together a modern-day compendium on personal finance that provides appropriate knowledge and wisdom to anyone who dares to dream big. With this book, like Vaibhav, you too can get into the driver’s seat of your financial life and ride the road to riches.
Disclaimer- This book review is a part of The Readers Cosmos Book Review Program and Blog Tours, for details log on to thereaderscosmos.blogspot.i
“Dream Big” is the Indian version of “Rich Dad, Poor Dad”, with more detailed, specified, and simplified investment strategies. This book is co-authored by Dr. Mukesh Jindal and Arunraj VS.
Unlike “Rich Dad, Poor Dad”, this book delves more into figures and numbers and exact strategies… which I loved so much.
“If you are born poor, it’s not your mistake. But if you die poor, it’s your mistake.”
Hence, we all need basic knowledge about money and investments, which obviously they don’t teach us via Indian Education System. This book fulfils that purpose.
The book is written in simple language and an easy-to-follow narration. I liked the way how this book starts with an inspirational story; that really makes a mindset of the reader for the rest of the book.
In short, the book covers up all the basic investment strategies ranging from Mutual Funds to fixed deposits, and Insurance to overall financial planning.
Best part? You don’t need to be a commerce student to understand this book. It’s written especially for the beginners.
My Recommendation? It’s a must read for everyone. Go for it!
Under basic financial intelligence, apart from “Dream Big”, I’ll have two more recommendations-
- “Rich Dad, Poor Dad” by Robert T. Kiyosaki
- “4-hour work week” by Tim Ferris