As you embark on a journey of financial well-being it is important to educate yourself as much as possible. In an effort to be helpful to you in that area I will have a series of posts outlining various books that I have read that helped me in my journey. In my last post, I talked about determining your assets and liabilities. Many people would consider assets to only be the big things in your home. Obvious items come to mind like your actual home, maybe cars, or jewelry. Some of you may have valuable heirlooms that have been passed down through the years. Well, all of those things have value, but I recently read a book by Lee Boyce & Jesse McClure that encourages you to look further at the items in your home for value and a possible influx of cash.
Never Go Broke, How to Make Money out of just about anything. Is a book that discusses learning how to create wealth through reselling. What I appreciate about the book is that it starts you off by teaching you to look around your home at the items you already possess. Many of these items may be a treasure to someone else and you don’t even use them. They discuss ways to determine the value of items and give you practical exercises to get started.
Once you have a good understanding of how to find assets in your home and make money from items you already own they move on to discussing steps on how to become a reseller of other items by sourcing and selling other items that you find possibly outside of the home. The book is broken into three segments or steps:
- Build up a Free Cash Pot
- Learn Your Resale Blueprint
- Invest the Pot for Easy Resale Profits
I recommend this book now as a part of your journey because it helps you to see the value in what you currently own. Many of us have an abundance of items we have accumulated and still can’t pay bills. Learn the value of what you own so that you know what you can use to access as cash if you need it or to get a truer picture of your actual net worth. This is a very easy read and the perfect practical guide to making money quickly from items you have right at home. The book was also published in 2021 so the information is current and relevant to post-pandemic life. This is a great read and I hope you will check it out.
I am obligated to let you know that as an Amazon Associate clicking the link on this post will earn me an affiliate commission. But feel free to look it up and review on your own. If you choose to get a copy and read it. I would love to hear your thoughts in the comments below.
The Moneyberg 