Just Keep Buying: Proven ways to save money and build your wealth Paperback – April 12, 2022

I have read over a hundred personal finance books in the past five years. (Thank God for libraries.) Just Keep Buying by Nick Maggiulli is the best book yet. This book replaces I Will Teach You to Be Rich on my list. Nick is a much humbler narrator, who invites you to learn from his minor mistakes. He also argues against the hyper-rationality and Uber-frugality demanded by so many of the other personal finance gurus. Maggiulli successfully combines the mathematics of pro-index tomes, such as A Wealth of Common Sense by Ben Carlson, with the behavioral economics, exemplified by books like The Psychology of Money by Morgan Housel. At the end of Keep Buying, Maggiulli lays out the rules of the financial game we are all playing:1. Saving is for the Poor, Investing is for the Rich2. Save What You Can3. Focus on Income, Not Spending4. Use The 2x Rule to Eliminate Spending Guilt5. Save at Least 50% of Your Future Raises and Bonuses6. Debt Isn’t Good or Bad, It Depends on How You Use It7. Only Buy a Home When the Time Is Right8. When Saving for a Big Purchase, Use Cash9. Retirement is About More Than Money10. Invest to Replace Your Waning Human Capital with Financial Capital11. Think Like an Owner and Buy Income-Producing Assets12. Don’t Buy Individual Stocks13. Buy Quickly, Sell Slowly14. Invest As Often As You Can15. Investing Isn’t About the Cards You Are Dealt, but How You Play Your Hand16. Don’t Fear Volatility When It Inevitably Comes17. Market Crashes Are (Usually) Buying Opportunities18. Fund the Life You Need Before You Risk it for the Life You Want19. Don’t Max Out Your 401(k) Without Considerable Thought20. You’ll Never Feel Rich and That’s Okay21. Time is Your Most Important Asset

First half of the book is on savings and it’s great! Lots of practical advice that is easy to follow. The second half is on investing; it’s good but wish there was more content of various asset allocation strategies, significance of long term treasuries, specific small cap value funds that are good to invest and so on.

I can’t recommend it enough! The book offers practical, no-nonsense advice on investing and saving, making it accessible for readers at any level.The author breaks down complex financial concepts into easy-to-understand terms, empowering you to take control of your financial future. I especially appreciated the actionable strategies that you can implement right away.

Nick has a gift for cutting through the noise. Every sentence in this book packs a punch. There's no fluff, no fuss, no fanfare. Just actionable financial advice backed by research studies and the numbers, sometimes with data going back over 100 years. This is a must read. (And even more impressively… a fun read!)Something from the intro that rung true as I was reading this book: it’s designed to 1) provide value for wherever you are in your financial journey, and 2) not waste your time.As someone who’s comfortably in the investing stage, I assumed that I’d get the most value out of the later chapters and might even skip the first few, but I honestly found that each chapter provided me with a new lens (and practical tools/formulas/philosophies!) for how to see my money and what to do with it. Both right now and later on. Honestly, I wish I had this book when I was in college. It would've been a game changer.It’s an impressive feat to write financial advice that can resonate with anyone. Nick has accomplished that with this book. He’s among the best thought leaders in finance and I never miss his weekly blog, Of Dollars and Data. I’ll be first in line to buy whatever he writes next.

This book was a very interesting read. I enjoy books about investing and finance in general, and this book was recommended to me. What I liked about it was the author backs up different claims and ideas with real data and numbers. One example is whether it's better to invest one large lump sum versus dollar-cost-averaging. The author claims it's historically better to invest one large lump sum and gives multiple examples throughout history to back these claims up. He proves that those who invest one lump sum make on average 4% higher gains 68% of the time than those who dollar-cost-average. I found this very helpful as I've often wondered which approach to take.This is just one example of many that I found helpful. He writes about saving for a savings account, about investing in real-estate and the pluses and minuses, as well as many other financial topics. Overall, I highly recommend this book and I'm going to continue to recommend it to anyone I know that's interested in stocks, investing and finance in general.

Didn't learn much... most of the insights are well known. Only few nuggets of original wisdom. There are better books...

I read this before recommending it to my daughter and future son-in-law. Lots of good financial advice and when accompanied by a couple other books would give you everything you need to know to live a financially secure life and retirement.This book is not geared for quantitative financial analysts as everything is written towards the average reader. Mr. Maggiulli can be as numerically sophisticated as necessary — check out his GitHub if you’re so inclined.