Written by Bhavishya Sharma » Updated on: May 11th, 2025
I recently read the book “Make Epic Money” by Ankur Warikoo. It’s a great book if you’re getting started with finance books.
The book covers almost all the basics of personal finance but the book is focused more towards things and options related to India and the Indian market. Well, irrespective of that anyone can read the book till the time you get the intent of the author.
Chapter-1 (Why should I even care about money)
Ankur Warikoo starts by explaining how money came into existence by ending the barter system and what money can get us up to a certain extent given we use that money towards it wisely:
Well, what he wants to tell you is that money is not the goal; it is the cheat code to freedom and living the life you want.
Chapter 2 (Now I really want to earn some money)
Ankur challenges the notion that one job is enough or that your salary can make you wealthy. He says that “your job can help you maintain your living standard and earn a living but can’t make you wealthy.”
Wealth can be generated when one pivots from active income to passive income or maintains passive income while earning active income.
Here are a few basic mistakes we make due to a lack of financial knowledge that keep us far from being wealthy:
Chapter-3 (So that I can spend it Wisely)
The chapter starts with the author explaining the 50-30-20 rule. So, in case you’re not familiar with the rule. It says:
Senator Elizabeth Warren created this rule, but here’s an addition to this by the author:
Chapter 4 (But people tell me I should save)
Saving ain’t cool, obviously, in the early years of your career, no one wants to start saving because you have a lot of time for it.
Right now is the time to enjoy and spend money. Definitely, you should spend money but there’s no harm in planning and then spending it wisely.
Create your goals: Short, mid and long term goals because without goals you won’t have an aim and you won’t even know how much to save for each goal.
Pen down your goals for next year, 3years and 5years and allocate the money required for each one of them.
Here are bonus tips that might help you to further save more:
Chapter-5 (And use the money to protect me)
This chapter revolves around how to get started with insurance and with basic things to remember at the time of purchase.
Ankur Warikoo suggests everyone to have:
Health Insurance:
Life Insurance:
Emergency Fund:
Read the full blog: Make Epic Money Book Summary
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