Luck is the residue of design. This famous Branch Rickey quote perfectly sums up the essence of Sandy and Matthew Botkin’s must-read reference guide to all things financial.

For most of us, diving into a 300-page opus on anything technical is about as exciting as watching paint dry. When the topic has to do with taxes, interest rates, debt, stocks, bonds, mutual funds, annuities, yield calculations, reserves, retirement plans, and such, many would rather opt for a root canal without anesthesia.

Unless, of course, all those financial instruments belong to you, affect your life, and could, with proper planning and a modicum of understanding, bring you financial freedom extremely quickly—especially as compared to how long it would take without the benefit of this book.

Starting at the most obvious place, “Why are people failing financially?”, the authors take you on a tour of their Rolodex of financial experts by having a down-to-earth conversation with each specialist.

A father-son team of CPAs, the Botkins interviewed a host of millionaires to learn how they made their money, invested it, and planned for the future. The authors then analyzed the fundamental financial decisions this elite group had made in virtually every area of financial planning—from paying for college and healthcare to investing and estate planning. Based on their findings, they teach you how to:

Achieve Financial Freedom —Big Time! is an artful departure from most financial books in that it engages the reader, revealing a simple path towards clarity in what can be a complex tangle of topics.

Take the subject of debt, for instance. Rather than harangue you about the horrors of negative interest, the authors cleverly first extol the virtues of compound interest, a concept Einstein referred to as “the most powerful force in the universe and the eighth wonder of the world.” They then show you how time impacts compounding and how small differences in interest (for or against you, in the form of returns or payments on debts) create huge differentials in the amount of money on hand in the future.

Achieve Financial Freedom—Big Time! is an indispensable, straightforward guide to building, keeping, and growing your wealth so you’ll never have to worry about finances again. From the simplest financial instruments and topics to some of the more complicated, this book will show you the pitfalls to avoid as well as the most direct path to create your financial freedom.

Paperback, 300 pages, $22.00;
McGraw-Hill, 2013.