Book Review: Quit Like a Millionaire

On a friend’s recommendation, I recently read Quit Like a Millionaire by Kristy Shen and Bryce Leung.  And then by coincidence, my book club picked the same book after I’d already started it, so maybe this one is a trend at the moment.  It was interesting, readable and…probably useful?

Despite the co-authors listed (who are also married), the book is told entirely from Kristy’s point of view.  That seems like the correct term, because even though it is a book of financial advice, it has a very strong personal voice, and large sections are about Kristy’s life and experience (with Bryce, eventually).  The first section is largely about her deeply impoverished childhood, first in China and eventually after emigrating to Canada.  After becoming a tech engineer and marrying Bryce, the book shifts focus into investment advice.  And ultimately, after Kristy and Bryce quit their jobs with a million dollars invested, how they secure that investment and live as retired thirty-somethings.

This is in many ways a very easy financial book to read.  Large sections read almost novel-like, and Kristy’s voice is friendly and engaging.  Perhaps predictably, there’s an inverse relationship between easy reading and usefulness.  The parts about her childhood are very readable and interesting but have limited practical application (some philosophy around placing value on money and possessions).  The parts about investing, while pretty good for chapters about, you know, investing, are tougher to decipher but much more directly relevant to the key question.

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