Author, educator and property expert Laurens Boel wrote Millionaire in the Making to help those who feel stuck in the rat race, like he was. He hopes to educate all South Africans on how to build a stronger financial position with multiple streams of income, while also protecting their wealth for generational success.
The blurb on the back cover reads: “Thanks to historically debilitating apartheid laws and a lack of financial education, many South Africans are crippled by generational poverty, inheriting liabilities (like black tax) instead of assets. To change society, we need to convert consumers into investors, spenders into savers, and equip our nation with world-class financial principles.”
The publisher’s information letter states: “The book focuses on property investing as a foundation for wealth. The reader will be armed with secrets to investing in South Africa’s lucrative propery market, such as finding below-market-deals, leveraging other people’s money and using efficient tax structures. Plus, you’ll get advice on wealth-generation strategies like trading and starting a business.”
The book is described as a must-read for anyone looking to improve their financial situation, as well as experienced investors looking to polish their portfolios and build wealth. Boel also shares his insights on how to grow and protect wealth. He explains how the economy work and shows how to earn passive income through side hustles. Boel explains complex financial strategies in easy to understand lingo. He reckons that if we don’t find a solution for generational poverty, South Africa and it’s people will continue to be enslaved. “Fortunately, since 1994, any South African armed with the right knowledge and attitude can change their financial future, and this book will impart that recipe.”
Millionaire in the Making consists of 183 pages and is divided into three parts and 14 chapters. The three parts are: Wealth Psychology, Wealth Generation and Wealth Protection. I found it an interesting, educational and worthwhile read.
More about the author: Laurens Boel has an honours degree in Computer Science from the University of Pretoria. He is a director of several companies and advises local and international investors in investing in South Africa. His debut book, Financial Freedom Through Property, was received very favourably. Find out more about Boel on his website: www.laurensboel.com.
Millionaire in the making is published by Penguin Books. Order your copy here. – Louise Viljoen, Resensent
