How the Rich Get Richer by Gabriel Shahin

HOW THE RICH GET RICHER by Gabriel Shahin has a title and subtitle (“Your Ultimate Guide to Building Wealth”) that are sure to attract attention. Shahin is president and founder of Falcon Wealth Planning and has been advising clients for over two decades. His new book has sections on knowing what you want (what purpose does money have for you?) and investing for the long-term. He extols the virtues of choosing a partner wisely, overplanning, and owning a business. In a chapter on “healthy financial habits,” Shahin points to being disciplined, tracking spending, and learning to respect money. There is insight here, too, like the negative emotions (e.g., fear, guilt) often associated with money and also many personal, client or family examples (related to insurance, IRAs, and/or taxes), although the text is simultaneously a vehicle to promote his own firm and philosophies. In terms of recent texts on investing, I would also be curious to see The Wealth Ladder by Nick Maggiulli, recently reviewed in The Wall Street Journal.