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# The Simple Path to Wealth

From [After I Read Books on Investing - Here's What Will Make You Rich](https://listium.com/@tobynewbatt/91666/after-i-read-books-on-investing-heres-what-will-make-you-rich)  
By [Toby Newbatt (@tobynewbatt)](https://listium.com/@tobynewbatt)

List stats: 332 views · 0 likes · 0 followers  
Published 19 September 2023 · Updated 26 October 2023

Category: books & literature

- Cover: ![Cover](https://img.listium.com/images/width=800,height=800,fit=scale-down,format=webp/l/jqqgbjefyv9sw2qbvmew.jpg)
- Year Published: 2016
- Author: JL Collins
- Genre: Personal Finance, Economics
- Goodreads: [https://www.goodreads.com/book/show/30646587-the-simple-path-to-wealth](https://www.goodreads.com/book/show/30646587-the-simple-path-to-wealth)
- Goodreads Rating: 4.44
- Shop Here: [https://www.amazon.com/gp/product/B01H97OQY2/](https://www.amazon.com/gp/product/B01H97OQY2/?tag=listium03-20)
- Video:
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- Notes: The key lesson from "The Simple Path to Wealth" is straightforward: spend less than what you earn and invest the surplus. While this concept may seem simple, its true power lies in consistently applying it over many years. It's not a quick route to wealth; instead, it's a long-term marathon. Many individuals seek shortcuts to financial success, hoping to get rich quickly. However, a deeper understanding of the financial landscape reveals that achieving lasting financial security and wealth requires patience and discipline. Therefore, having a firm grasp of the basics and practicing them diligently cannot be emphasized enough.