Investing with Purpose – A SavvyReview and Giveaway

When author Mark Aardsma was 24, he was fired in a downsizing. Like many people, he had little in the way of savings. However, instead of panicking and seeking to land a new job immediately, he sat down at a makeshift desk and began to invest his time and money differently. By the time he was 34, he had multiplied his limited savings a thousand fold and controlled a multi-million-dollar portfolio of businesses and other investments.

Investing With Purpose Book CoverDuring that 10-year journey, Aardsma created and refined a document that became his personal guidebook of time-and-money management principles. Each time he grasped a new concept, gained new insight or made a significant mistake, he updated the document. This book is that guidebook in an expanded and refined form.

In Investing with Purpose: Capitalize on the Time and Money You Have to Create the Tomorrow You Desire, Aardsma offers lessons on using your time efficiently, limiting expenses, limiting taxes, avoiding emotional pitfalls, finding opportunities that others are not able to exploit, and finding the inspiration to take action immediately.

The book’s 14 chapters – which are relatively short – are spread over 216 pages. In reviewing the list of chapters when I first picked up the book, and later when I started reading, the one thing that immediately struck me is that Aardsma’s approach is definitely action oriented.

Mark AardsmaMost of the chapter titles start with a verb. As examples, Chapter 1 is Reflect Before You Race, Chapter 7 is Build Yourself and Your Network and Chapter 8 is Manage the Emotions that Trip Investors. Similarly, each chapter concludes with Action Points, typically 4 – 6, which serve as a summary of sorts and suggest definitive steps to take based on lessons learned in the chapter. If you are an individual that appreciates specific guidance that is easily digested, you will appreciate the format of this book.

One of the things I liked most about the book, which is alluded to in the subtitle, Capitalize on the Time and Money You Have to Create the Tomorrow You Desire, is the reference to time. I have long believed that time is an undervalued asset and resource. We often hear talk about money, both as a form of currency, its value, and with respect to how expensive something is. It is wise to view ‘time’ through a similar lens. There is value in continually asking yourself questions such as, “how am I spending my limited time” and “is what I’m doing at this time moving me closer to my goals?”

The book is largely void of charts and tables; however, there are some great illustrations. They help bring the lessons and ideas together in a way that is easy for the reader to appreciate and understand. The Manage and Choose With ROI illustration is a good example:

Manage and Choose With ROI

Investing with Purpose: Capitalize on the Time and Money You Have to Create the Tomorrow You Desire is available at Amazon in Kindle, Paperback, and MP3 CD formats.

The Giveaway – simply leave a comment to be entered – will end, and the winner selected, at 12:00 p.m. (EDT) on Sunday, April 2nd.

Blogger-in-Chief here at RetirementSavvy and author of Sin City Greed, Cream City Hustle and RENDEZVOUS WITH RETIREMENT: A Guide to Getting Fiscally Fit.

17 Comments

  1. Congratulations to Frank Facts, selected as the winner of this Giveaway!

  2. Hope I’m not too late! I just finished reading the Bogleheads Guide to Investing and hoping to keep my education moving forward. I love great books that provide actions steps.

    Happy Learning everyone!

    • You’re in with time to spare, my friend. The winner will be announced this afternoon. Good luck!

  3. Hey, James. I already won! Like Larry said above, “I’m always looking to add good books to my reading list.” So I just purchased it from Amazon. Thanks for the great lead and the great review.

    • Cool. Would love to get your thoughts once you’ve finished the book.

  4. Thanks for sharing your insight. Always enjoy reading stories like his. Gives me hope.

    • Thanks for stopping by, Javier. Good luck in the giveaway!

  5. Sounds like a great read! I hear so many stories of people getting laid off, and turning it into something very positive. Love stories like that!

    • You’re in, my friend! Make sure you check back on Sunday when the winner will be announced.

  6. Thanks for sharing this review. You make me curious about this book. I’m always looking to learn something new (keeping the saw sharp – S.Covey)
    I’ll check this book out!
    Thanks.

    Cheers,

    Pollie

    • Thanks for stopping by, Pollie. You’re in. Check back on Sunday when the winner will be announced. Good luck!

  7. I like the approach of this book! Instead of focusing solely on investment strategies, it provides a broad look at the other assets a person brings to the table. We don’t invest with our rational brain alone!

    • Indeed. A great approach. You’re in, my friend!

  8. Thanks for sharing this review. I’m always looking to add good books to my reading list to make sure that I’m constantly learning. I’ll have to check this one out!

    • You’re in, my friend! Make sure you check back on Sunday when the winner is announced.

  9. This book targets the novice investor/entrepreneur, from the reviews, and my family would benefit from reading and gleaning the author’s ideas.

    • Indeed. Those that have an entrepreneurial spirit will appreciate Chapter 11, Own What You’re Building.

      Thanks for stopping by, Susan. Make sure you check back on Sunday when the winner is announced. Good luck!

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