The Simple Path to Wealth

#7 in Business

The Simple Path to Wealth

JL Collins

First published 2016Original language EN

8.38.3 / 10
Score out of 10185 ratingsConfidence 56%: this much of the score is the readers’ own
#7 of 63 in Business ahead of 90% of the category
289
Pages
about 5 h
Reading time

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Our view

“The Simple Path to Wealth” argues one plain case with humour: avoid debt, live below your income and put the rest into index funds. Some readers value it as an accessible introduction that promises no secrets, and come away confident about their retirement savings. A reader who already knows several personal finance books may find little new, and some think the structure loose. It began as letters from JL Collins to his daughter.

The view of the BookRank editors, written from readers’ ratings and comments. It does not affect the score or the book’s place in a ranking.

About the book

Revised and Expanded Edition. Instant New York Times Bestseller. Seen on "Hasan Minhaj Doesn't Know" and "The Diary of a CEO." The Proven Guide from the Godfather of Financial Independence—now comprehensively updated and expanded. New edition includes: updated data, FAQ, a Simple Path to Wealth Punchlist, Resources & Tools. What if it’s actually about following a radically simple plan that’s not only easier to implement, but also more lucrative than the alternatives? Drawing from fifty years of investing experience, and born out of a series of letters the author wrote to his daughter, The Simple Path to Wealth has become foundational to the FIRE (Financial Independence, Retire Early) movement, inspiring hundreds of thousands of readers to reimagine their relationship with money and freedom. The real-world success of Collins' approach is documented in Pathfinders, his collection of stories from readers who have transformed their financial lives using his method. Whether you care deeply about money, or never want to think about it at all, you’re living in a culture of spending. Everyone’s telling you that handing over your cash for this gadget, this potion, this lifestyle is the key to happiness. Meanwhile, the reality is that happiness is more likely to come from having the financial freedom to live the life you really want. Whatever your relationship with money, you will be heartened by Collins’ essential insight, which is that simplicity beats complexity every time.

Where the score comes from

The sources average 8.6 across 185 ratings — not yet many, so the reader vote carries 56% of the weight and the rest pulls toward the Business average of 7.9. That is how 8.3 comes out.

SourceAverageRatingsWeight
Open Library7.723 12%
Hardcover8.7162 88%

Frequently asked

How long is The Simple Path to Wealth?

It has 289 pages — shorter than 67% of the ranked books in Business.

If you liked this

Same shelf — Business — with scores between 8.2 and 8.4, closest to this book.