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Reviewed by Pikasho Deka for Readers' Favorite
Financial literacy seems to be woefully ignored by a large section of the general populace. Karen L. Cumming is a veteran broadcast journalist, secondary school teacher, and freelance writer. The author has realized that before she fulfills her dream of traveling to Mars, she must do her part to help others master the basics of financial management. In The Wealthy Martian, Cumming introduces the Dividend Reinvestment Plan (DRIP) strategy to help you make your money work for you. The book delves into living beneath one's means, setting up goals, building a budget, navigating one's needs and wants, the difference between good debt and bad debt, the different types of insurance and their benefits, reprogramming one's subconscious mind from scarcity thinking to abundance thinking, practicing gratitude, the difference between dividends and interest, investing for the long haul using the DRIP strategy, and more.
The Wealthy Martian is a comprehensive guide to learning the fundamentals of finance and setting yourself on the path to attaining financial security and abundance. Using relatable anecdotes and examples, Karen L. Cumming provides tools and keen insights to help readers find their way to financial independence and live a fulfilling life to pursue their dreams. You will learn about the basics of investment, the benefits of living frugally, avoiding bad debt, and many more tips you can apply in your everyday life to attain financial freedom. The author uses an engaging writing style that is accessible and easy to understand. In this age of ever-rising costs and inflation, books like this have become a must-read for everyone. I found it very informative, illuminating, and motivational. If you dream of living a life of abundance, definitely grab a copy!
