summary ofSet for LifeBook by Scott Trench

first KEY POINT

Breaking free from the ordinary

We all yearn for that age-old promise: the American Dream. But let’s pause and reevaluate what it truly stands for in our times. A job until we’re 60, saving a sliver of our earnings, then retiring to enjoy the dwindling years left? There’s no questioning the stability this approach brings. Yet, it confines many to their desks, sacrificing the golden years of their youth. What if I told you there’s another path? What if you can become financially independent much earlier and take control of your life now, instead of waiting until your retirement age?Imagine a life shaped by choice, not obligation, just for a moment. A world where your decisions do not depend on your next paycheck. That is the life path defined by financial freedom, which means committing to a job out of passion, not necessity. It sounds like a “dream,” but here is the challenge: crafting this life requires an unconventional game plan.

Start by saving money and aim to keep at least half of what you earn. This approach gives you a safety net. Then, use that money for good investments, like a house that can make money too. Finally, put your cash in different places that can earn more over time. That is just the beginning, and you'll find more helpful money tips in this summary.

Though this approach might rid you of some traditional joys — be it skipping on the latest car model or early retirement account withdrawals — the promise of a self-authored life is compelling. Embark on the journey to full financial freedom, where rewards are limitless.