The Last Safe Investment audiobook cover - Spending Now to Increase Your True Wealth Forever

The Last Safe Investment

Spending Now to Increase Your True Wealth Forever

Michael Ellsberg and Bryan Franklin

4.1 / 5(268 ratings)

If You're Curious About These Questions...

You should listen to this audiobook

Listen to The Last Safe Investment — Free Audiobook

Loading player...

Key Takeaways from The Last Safe Investment

Learning Tools

Reinforce what you learned from The Last Safe Investment

Mind Map

The Last Safe Investment
Core Philosophy
Traditional financial plans rely on uncontrollable external factors like markets.
The only truly safe asset unaffected by economic changes is yourself.
True wealth combines money with freedom, love, growth, and creativity.
SAFE plan focuses on growing your savings, equity, and tribe.
Spending & Savings
Happiness Exchange Rate
Super Skills: Interpersonal
Leadership is rooted in empathy, not just personal charisma.
Influence others by emotionally connecting with their core values.
Master public speaking to confidently stand out from your peers.
Super Skills: Creativity
Creativity is a developable skill that protects against AI automation.
Innovation means exploring atypical ideas to achieve better outcomes.
Embrace discomfort by exposing yourself to entirely different perspectives.
Super Skills: Mental Models
You don't need deep technical skills to lead tech projects.
Mental models map how processes, inputs, and outputs interact.
Use models to bridge technical and nontechnical teams effectively.
Super Skills: Well-Being
Physical health enhances your charisma, confidence, and career longevity.
Use mindfulness and meditation to maintain focus amid digital distractions.
A healthy sex life directly feeds vitality, creativity, and motivation.
Building Equity
Equity breaks the trap of trading more time for money.
Adviser equity: Trade your specialized skills for startup shares.
Mentoring startups costs only time while offering huge potential ROI.
Cultivating a Tribe
Tribes are communities with shared values dedicated to mutual support.
Members provide economic benefits like free services and shared costs.
Tribes increase earning potential through exclusive job recommendations.
Build a tribe by gathering 5-10 diverse people with shared values.

Quiz — Test Your Understanding

Question 1 of 9
According to the authors, what is the primary flaw of traditional financial advice that focuses on stocks, interest, and pension funds?

The Last Safe Investment — Full Chapter Overview

The Last Safe Investment Summary & Overview

The Last Safe Investment (2016) flips financial planning on its head by focusing on the one thing you have full control of: yourself. Its model will teach you three disciplines that support three areas of wealth, to shore-up your earning potential and increase your daily happiness.

Who Should Listen to The Last Safe Investment?

  • Anxious savers seeking greater financial security
  • Professionals wanting to expand their earning potential
  • Investors looking for new ways to build assets

About the Author: Michael Ellsberg and Bryan Franklin

Michael Ellsberg is a freelance copywriter and activist for civil liberties. He has authored and co-authored several books, including The Education of Millionaires: Everything You Don’t Learn in College About How to be Successful.

Bryan Franklin is a business strategist who works with VPs and CEOs to enhance their leadership skills. He has been an entrepreneur since high school, where he sold his friends shares in his experimental theater company.

🎧
Listen in the AppOffline playback & background play
Get App