Crash Course On Capitalism & Money: Lessons From The World’s Most Expensive City by The Woke Salaryman

Widi Asmoro

I’ve been keeping up with The Woke Salaryman on social media, including LinkedIn, and they’ve recently released a book compiling their best posts.

This book, titled “Crash Course On Capitalism & Money: Lessons From The World’s Most Expensive City”, marks their five year journey advocating financial awareness for anyone, especially the young and disillusioned, like me.

As someone who has been living in Singapore for quite some time, the title feels relatable. And I want to quickly learn about finance or at least get the basic understanding.

📖 Book I Read:

  • Crash Course On Capitalism & Money: Lessons From The World’s Most Expensive City by The Woke Salaryman

🗂️ Type of Book:

  • Finance
  • Business
  • Psychology

🔑 Keywords:

  • Start your financial revolution.
  • Gain skills and build wealth.
  • You are the best investment you can make

🫱 Key Takeaways:

  • The opening chapter “Accept That Life Is Unfair”, feels like a slap in the face. It’s about acceptance and not giving up.
  • Thinking about wealth isn’t just about money, it’s about being happy, living in the moment, and feeling content.
  • This book doesn’t feel outdated. With its added context and a similar theme, I find it easy to understand financial matters.

👷 How I apply it:

  • With the facts and stories presented in this book, I need to sit down and look again at my financial condition, and ask myself, “Am I experiencing ‘Relative Deprivation’?”
  • Investing money won’t yield much return in the short term, but we need to start by saving and being vigilant in investing. Think about compounding.
  • Investment is not just about money but also soft skills.

📚 Other reference(s) I need to explore

  • The Warren Buffett Way by Robert G. Hagstrom
  • Rich Dad, Poor Dad by Robert T. Kiyosaki
  • Investing For Dummies by Eric Tyson

Despite being just a compilation of their published posts, I still want to keep this book for future reference. Printing each comic panel on a separate page makes it feel like I’m receiving advice directly in front of me and it doesn’t strain my eyes.

Having it at home where the kids can easily get to it, ‘ll help them become more financially literate. They don’t teach financial literacy in school, but if my kids read this book, it’ll lay the groundwork, which is important.

As a bonus, I got my copy signed by He Ruiming & Wei Choon Goh, the duo from The Woke Salaryman. Stay Woke!