Saturday, May 19, 2007

Rich By Choice by Erlend Peterson - Book review



Rich by Choice

Seven Steps to Financial Success


Author: Erlend Peterson

Published: 2nd Ed, 2007
Revised Edition: 2007
ISBN: 9780929765990
Format: Paperback, 192pp
Publisher: Seven Locks Press




You can choose to be wealthy, to the tune of two million dollars, writes Erlend Peterson, in his book Rich by Choice: Seven Steps to Financial Success. He shows you how you can become wealthy using time, and the application of his straightforward rules for financial well being. In fact, the author demonstrates how anyone can become wealthy. He shows that it's only a matter of time, and of choosing to be rich.

Financial planner Erlend Peterson sets out his seven steps to wealth accumulation in a series of easy to follow lessons. Each step is designed so anyone, regardless of their current financial status or investment knowledge level, can succeed. He starts off with some case studies, of people at various ages and levels of wealth, and emphasises that each person can become wealthy. Where you start isn't as important as where you complete the wealth building process. The major variable is time.



Erlend Peterson (photo left) writes with a no nonsense approach to capital accumulation. Unlike many other books, that are heavy on theory and cliche, Rich by Choice is packed with hard numbers and examples to serve as guides to your own successful future.

On the other hand, the numbers are presented in a very accessible format, to prevent the average reader from becoming bogged down with complicated mathematics. Instead of unwieldy formulas, the book provides easy to comprehend charts, that anyone can internalize and implement for themselves.

For me, the power of the book is in its presentation of a difficult subject in an easy to understand manner. Concepts like the power of compound interest, taxation, and retirement planning are often difficult for many people to grasp. The author presents them in layman's terms, and with examples for the average reader to grasp and put into practice. At the same time, the book shows a powerful seven step program for becoming rich, if the reader so chooses. The liberating idea, that anyone can build substantial wealth, is a powerful one that is imprinted on every page.

I recommend Rich by Choice: Seven Steps to Financial Success by Erlend Peterson for anyone seeking to become wealthy and independent. The seven steps to wealth are powerful and can change a person's life, and the lives of their families for the better.

Read Rich by Choice: Seven Steps to Financial Success by Erlend Peterson and choose to be rich.

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