“Who wants to be a millionaire?” The answer to that question could well be another question, “who doesn’t want to be a millionaire?” This has been the case since the adoption of currency, but in today’s age of declining economies, escalating personal debt, and looming financial insecurity, it is a more compelling desire than ever. There is no shortage of books on the market that purport to tell you ‘how to become a millionaire,’ but upon reading them, most of us are left as clueless as we started.
Not so with The Millionaire Map by best-selling author Jim Stovall. A blind ex-athlete who had to have a reader to help him get through college (a reader, by the way, whom he later married), Stovall went from the depths of poverty to multi-millionaire status, and he shares that journey with the reader in a practical, no tricks style that is all that a map should be – easy to understand, and, with the right measure of desire, dedication, and determination, not all that difficult to follow. Not too difficult, that is, if you know a few basic things: where you’re starting from, where you’re going, and why you want to go there.
A truly self-made multimillionaire, Stovall share his wisdom and experience as he went from the bottom to very near the top of the financial ladder. One of the most important things he imparts in this exemplary book is the definition of wealth – it’s not about the total amount of money you have, or even your appearance of wealth – it’s all about being financially able to live your life on your own terms. Stovall warns against being ‘all hat, and no cows,’ like the many people who through the use of easily available credit spend more than they make to create the appearance of wealth, but who are, in fact, spending more than they make. And, that is one of the best sign posts on his ‘millionaire map,’ – wealth is accumulated through spending less than you earn.
It’s simple, as Stovall writes, but not easy, because it takes being honest with yourself. I can honestly say that this book, which I received free as a review copy, is not just one of the best books on gaining financial independence I’ve read, but the best – bar none.