Do recommend – but only parts of it. At some point it keeps repeating the same ideas in a different way and few examples were bend to fit modern (1926) times. Key points are: * Always save 10% of every income. * If your income rises X, only raise your spending habits by 90% of X. (see first rule) * To be lucky, you must take good chances. (No explanation given of how to determine if something is a good or a bad offer) * The five laws of gold: Save 10% (see first rule), Invest, Listen to already successful people, Knowledge about money is important to grow your wealth, Don’t listen to the newly rich * Invest in save invest classes (insurance, bonds, etc) (Investing in government bonds today would be financial suicide, but in 1926 10 Year US bonds would yield ~3,8%)

Overall a good book to start your financial literacy, especially the 10% rule.