Dan Lok

This is yet another finance book I have read. I was curious about what the author meant by F.U. Money and this book narrates it all.

The words of wisdom from this book are:

“Money is a mirror. An examination of your money and the way you use money is a way of understanding yourself in the same way that a mirror provides a way of seeing yourself.” –
Michael Phillips

  • Money gives you freedom to make choices. I am very clear about what I want and what I don’t want in life. And what I want is the freedom to buy whatever I want, eat whatever I want, and go wherever I want.
  • And freedom costs money.
  • Knowledge alone is NOT power. Knowledge is really only power in reserve. It’s completely useless if it’s not tapped into by applying action. Only applied knowledge is power.
  • IF YOUR LIFE STINKS, IT’S YOUR OWN DAMN FAULT.
  • IF YOU CAN’T FIND GOOD PEOPLE TO HELP YOU, MAYBE YOU’RE NOT A GOOD PERSON.
  • AN EXCUSE IS NOTHING MORE THAN A WELL-PLANNED LIE.
  • Remember, you can make excuses or you can make money, but you can’t do both!
  • When you were a baby and you cried, what happened? Mommy or daddy ran to you and showered you with love and affection. Do you see how this stuff is ingrained into our brains since childbirth? Some people spend so much fucking time feeling sorry for themselves, it’s sickening. They don’t want to take responsibility or actually do anything to change their circumstances.

In summary, the author advocates taking full responsibility for your own life both in terms of finances and other life things. He promotes that everybody should have their F.U. money (money reserve) so that you can say goodbye to your boring job or rude boss. Overall the book is average. If it holds your interest then you can also watch Dan Lok youtube videos on how to get rich.