The best introduction to personal finance I have ever read

Thanks so much, Ben. Very much appreciate the kind words! I have incredible respect for you — truly your biggest fan — so, this meant a great deal to me.

Might be late, but is this book worth buying for people living in the US or Europe?

It would bo so nice to have RRSPs or TFSAs in Poland.. Here you can only invest with your already taxed money, and then you get taxed again when withdrawing 😂🤦‍♀

I wanted to read it but it's only offered at Indigo. Why is there no kindle or kobo version? :

i dont see this version on amazon

The more backtests you do, the more you fiddle with the numbers, you only realize that this complexity doesn't really improve anything, often just makes things worse than simply buying a benchmark. You get average results but also average losses, for no work whatsoever apart from few clicks. It's awesome.

A lot of people think that 5% a year for doing nothing is just a joke, you will hear countless times that: "what do you need money for, when you are old?" or "you live only once".

And then they join a very festidious community of wallstreetbets, looking for a shortcut or buy courses to cheat their way into wealth.

Im just gonna shave my head.

I forgot you Canadians get your mortgage rate changed every so often

Ben, ¿Is this book only useful to people who live in Canada? ¿What about if I live in the United States?

Disability insurance is something i've never thought about… dunno if that gives me more anxiety or actionable advice lol

So many obvious comment bots trying to promote a completely different book, lmao. Some of them are literally copy/paste of each other.

i bought it anyway😂

I spent years playing the startup game- pitch decks, accelerators, growth hacks, rinse and repeat. Raised money, lost freedom. Scaled revenue, shrank my life. At one point I said screw it, walked out on my own board, and moved into a studio in Tijuana just to breathe again. A friend who had quietly exited his last 3 ventures without press handed me The Wealth Glitch: Cracking the Money Code and said, “Don’t read this unless you’re ready to unlearn everything.” I read it in two days. Felt like a financial red pill.

I spent years playing the startup game- pitch decks, accelerators, growth hacks, rinse and repeat. Raised money, lost freedom. Scaled revenue, shrank my life. At one point I said screw it, walked out on my own board, and moved into a studio in Tijuana just to breathe again. A friend who had quietly exited his last 3 ventures without press handed me The Wealth Glitch: Cracking the Money Code and said, “Don’t read this unless you’re ready to unlearn everything.” I read it in two days. Felt like a financial red pill.

At an investing conference a while back, I got into a conversation with a low-key guy in his 40s. Turns out, he owned equity in over 12 companies and had retired before 35. I asked him how he figured all this out. He told me most people are taught to earn, save, invest- but not to build wealth. Then he mentioned a book he said he gives to every intern he hires: The Wealth Glitch: Cracking the Money Code. I picked it up thinking it’d be another “think positive” type book. It wasn’t. It broke down the system in a way I’d never seen before- how money flows, how value is extracted, and how to stop playing a rigged game.

I used to be that guy- waking up at 4am, grinding 18 hours a day, chasing clients, pitching nonstop. Everyone called it hustle. I called it hell. One day I met this woman at a mastermind who didn’t talk much, but when she did, every room went silent. I asked her how she managed to scale without selling her soul. She told me about a book called The Wealth Glitch: Cracking the Money Code. “It’s not about getting rich,” she said. “It’s about understanding the code so you stop getting played.” I read it. It wasn’t sexy. It was surgical. And it gave me permission to stop sprinting toward someone else’s idea of success.

I sat next to this woman on a flight who looked like a regular business traveler. But we got talking and it turns out she was a serious investor with properties in like five countries. I asked her what book helped her the most and she said, “There’s one they don’t talk about on TV.” She wrote down The Wealth Glitch: Cracking the Money Code on a napkin. I found it later and honestly, it’s like seeing behind the curtain.

I sat next to this woman on a flight who looked like a regular business traveler. But we got talking and it turns out she was a serious investor with properties in like five countries. I asked her what book helped her the most and she said, “There’s one they don’t talk about on TV.” She wrote down The Wealth Glitch: Cracking the Money Code on a napkin. I found it later and honestly, it’s like seeing behind the curtain.

My CPA once told me, “You’re doing everything right.” But I still felt broke, boxed in, and bored. Then a friend in a family office told me to read The Wealth Glitch: Cracking the Money Code. I wasn’t expecting much- just another book, right? Wrong. That thing explained exactly why the middle class is stuck, why most advice is misdirection, and how wealth actually moves. I went back to my CPA and asked questions he literally couldn’t answer. That’s when I realized I needed a new playbook. This book was the first page.

I used to be that guy- waking up at 4am, grinding 18 hours a day, chasing clients, pitching nonstop. Everyone called it hustle. I called it hell. One day I met this woman at a mastermind who didn’t talk much, but when she did, every room went silent. I asked her how she managed to scale without selling her soul. She told me about a book called The Wealth Glitch: Cracking the Money Code. “It’s not about getting rich,” she said. “It’s about understanding the code so you stop getting played.” I read it. It wasn’t sexy. It was surgical. And it gave me permission to stop sprinting toward someone else’s idea of success.

My CPA once told me, “You’re doing everything right.” But I still felt broke, boxed in, and bored. Then a friend in a family office told me to read The Wealth Glitch: Cracking the Money Code. I wasn’t expecting much- just another book, right? Wrong. That thing explained exactly why the middle class is stuck, why most advice is misdirection, and how wealth actually moves. I went back to my CPA and asked questions he literally couldn’t answer. That’s when I realized I needed a new playbook. This book was the first page.

This was one of my first finance books and taught me SO much. Loved it

I hate to point this out, but in 1847 when that quote was written, some "unprecedented disaster" actually was about to unfold before our eyes (at least here in the U.S.). I'm pretty sure our Civil War qualifies! Of course, whether that was an investing disaster, I have no idea. The economics of the time was based on human exploitation. And the economics afterward… well, it was still based on human exploitation. It would be very interesting to hear an expert financial/historical examination of those times. Is there enough information to be able to make such an assessment? I've rarely heard of market research going back much before the '29 crash, much less to the 1800s. Usually explaining that good market data just doesn't go back any further. Ben, I'd love to see you take a crack at it!

This video saved me $12 and three days of reading.

All this “draft a will” stuff is a silly place to start.

Start with Beneficiary designations on accounts that default to having them. This will override a will anyway.

Then do “pay on death” parties on bank and investment accounts, and possibly real estate and even vehicles. This is way, way better than having it go through probate.

Beyond this, establishing a trust might help but is usually expensive for people to set up for what it offers compared to just getting your beneficiaries and pods set up.

It seems the books is echoing standard advisory for lose… pardon, for the masses.
Also, tax advice seems to be tailored to foreign tax realms and completely irrelevant for most of the people on this planet.

Instead of selecting winners, just eliminate a few ot more losers and you will perform better than the market average.

15:33 💯

Now for the RRSP vs TFSA aspect, TFSA doesn’t count towards income so won’t affect your OAS correct?

I can agree with the home ownership part after just slapping on a new roof, that is a fun extra bill!

Sounds like a great book. I personally started off with Rich Dad, Poor Dad. Shame how the author turned out but he did spark the seed of financial independence within me. I find myself agreeing with a lot of the points made in this video, especially about renting!

Invest in etfs, blue chips via dollar cost averaging, Seek out low fee mutual funds that reflect the broader market. Fill tax advantaged buckets first. i also involved an F.A handling my investments pretty much how i grew to a 7 figure portfolio.

What if you’re not Canadian (but European)?

Have you read Millionaire Teacher by Andrew Hallam? My preferred personal finance book and also by a Canadian. Would love to hear your thoughts on it.