He shared the 21 books that helped him achieve financial freedom at age 36.Within a span of just 13 years — from the ages of 23 to 36 — Dave Allred purchased his first real estate property, made his first million dollars, andNone of that happened by coincidence. Instead, Allred was able to find financial freedom for himself and his family through a meticulous process he referred to as"" his family's cost of living.
"It's about amassing assets that make money for you," he said, adding that Kiyosaki also teaches how to differentiate between buying assets versus liabilities."I love how it explains the difference between being an employee versus an investor versus a business owner, and how our tax code affects each one of those different roles.
The hardships he faced, however, eventually turned into Allred's motivating factor to reset the standard and build a legacy of wealth for himself, his wife, and their four children. He believes that winning at the game of money is much more about mindset than logistics — a concept illustrated in Hill's book.
But in this book, Dalio does just the opposite. He successfully zooms out to put what's happened in the past into today's context, giving an incredible perspective on human history and psychology, said Allred.The biggest takeaway from this book, Allred's favorite, is that an individual's thoughts shape their character, their character shapes their actions, and their actions shape their circumstances.
"I was 30 years old on a Sunday; I remember very clearly. I sat down for four hours and I was like, okay, I'm going to reverse engineer this whole process and get a clear blueprint on how to achieve financial freedom," he continued."So I started off by figuring out my family's cost of living."