Book Lounge - The Millionaire Next Door with Guest Ryan Fransden

Today in the Book Lounge, Tom & Karin discuss the book The Millionaire Next Door with special guest Ryan Fransden.

Each week Book Insights creator and author of The 50 Classics Series Tom Butler-Bowdon and Memo’d Program Manager Karin Richey invite you to join their fun and casual conversation about the book of the week. Hear what they love it about, what they don’t, how they rate it, and how it can advance your work and life. You’ll learn why it was selected to be part of the curated list of Book Insights, and what’s new with the book or the author currently.

This week, Tom and Karin offer you insight on:

*The surprising profile of the average millionaire - frugal savers who are unfamiliar with much of the lifestyle associated with wealth.

*Ryan Fransden's experience with coaching personal finance clients and helping them move from debt to wealth.

*How generational wealth is created and maintained, along with best practices for instilling wealth building into future generations.

Want quick saveable, shareable bullet points on today's podcast? Check out the Memo: https://memod.com/MrBusiness/millionaires-share-these-key-qualities-do-you-have-117

Show Notes:

Ryan Fransden is an entrepreneur and personal finance coach. He founded the financial education company Commanders of Money which shares valuable tips on Youtube, and Instagram.

https://www.youtube.com/c/RyanFrandsen

https://www.instagram.com/commandersofmoney/

https://www.commandersofmoney.com/

What is the difference between Book Insights episodes and Book Lounge episodes?

Book Insights are formal, structured summary, analysis and exploration of a bestselling nonfiction book. Each episode is read by a professional voice actor and will introduce a new title selected specifically for its value to your work and life.  Book Lounge episodes are casual discussions about the book, the author, and anything else that comes along through the course of conversation. It’s more of a broad chat about how the book relates to current, everyday life.

Should I listen to both the Book Insight and the Book Lounge episode on the same book?

Sure! Each episode works fine as a standalone piece, so no requirement to listen to both or to listen in any particular order, but we definitely recommend (and think you’ll enjoy!) both. Think of it like reading a book and liking it so much you want to chat about it on the porch with a friend. That is the vibe at the Book Lounge.

Like what you hear? Be sure to like & subscribe to support this podcast! Also leave a comment and let us know your thoughts on the episode.

You can also get a free weekly email about the Book Insight of the week.

Subscribe at memod.com/insights

Audio Producer: Daniel Gonzalez

Hosts: Tom Butler-Bowdon & Karin Richey