In his groundbreaking book Do Epic Shit, Warikoo dropped this truth ‘Three relationships determine our life’s course – time, money, and ourselves.’ Now, in his third book, Make Epic Money, he dives deep into the complex world of money to provide you with the ultimate personal-finance blueprint. Drawing on a lifetime of experience of financial highs and lows, he shares everything he has learnt about money that he wishes someone had taught him when he was young. Prepare to unlock the secrets to financial well-being with this no-nonsense guide. Say goodbye to confusing jargon and hello to practical advice. Discover how to earn, spend and make your money work just as hard for you as you do for it.
Ankur Warikoo’s latest book, Make Epic Money, lands at a time when the concept of wealth-building is being redefined by digital platforms and entrepreneurial self-help literature. The central idea of Make Epic Money is simple: we need to stop working for money and make money work for us. Money, as Warikoo writes, gets you to amass a freedom you never had before. His approach blends practical financial advice with personal development, urging readers to cultivate the right mindset before diving into the mechanics of wealth-building. He advocates for a disciplined approach to money management, emphasizing the importance of setting clear financial goals, budgeting, investing wisely, and most importantly, understanding the psychology of money.
Keeping in mind the diversity of his reader base, Warikoo doesn’t assume that everyone reading already has prior knowledge of concepts like assets, liabilities, savings, etc. He starts with deconstructing these concepts, explaining the core differences between assets and liabilities which is the essential first step in the process of making money. Moving ahead, Warikoo also offers insights on investments and savings and discusses concepts like Fixed Deposits, PPF to gold, mutual funds, corporate bonds, real estate, stock market trading, and even cryptocurrency.
He argues that the journey to financial freedom begins with self-awareness and a clear understanding of one’s values and priorities. Warikoo encourages readers to redefine their relationship with money, seeing it not just as a means to an end, but as a tool for achieving personal fulfillment and freedom. Reflecting on his entrepreneurial journey, Warikoo shares his insights on how to start and grow a business. He highlights the importance of identifying a niche, understanding the market, building a brand, and, crucially, knowing when to pivot or persevere. His advice is particularly relevant in the context of the digital economy, where opportunities for entrepreneurship are abundant but often overwhelming.
Self-help books are often fraught with cliched motivational messages which can only look attractive on paper in words but might sound far-fetched when want to apply them in real-life actions. Warikoo’s recent book might somehow touch the margins of this larger drawback of the self-help genre, yet this enthusiasm stays fresh and lands an intended impact. Secondly, this book is largely for beginners. Informed readers, well-read into finance and investment will find the book lacking in many aspects. There is not a nuanced perspective provided when talking about, let’s say, the complexities of risk management, or the possible challenges and failures that come across when starting a business. Lastly, Warikoo doesn’t acknowledge the role of systematic privilege which gives a bigger push to financially well-off people to increase their wealth manifold.
All in all, Make Epic Money by Ankur Warikoo is a practical guide for anyone looking to manage their finances. It reiterates the same basic teachings around finance, money, savings, and investments that you might have also come across in different self-help books. Ironically, the book falls short on its promise make ‘epic’ money because the knowledge and advice here can only help readers take control of their finances. For making epic money, you’ll have to look elsewhere!
