Built in Silence: What Forty Years Taught Me About Money, Time and Freedom, by Edmond Favre
In preparation

Built in Silence

Thirteen chapters, roughly eighty pages, built around a single arithmetic relationship. Everything in it either raises what your assets produce or lowers what your life costs. There is nothing else in the book, because there is nothing else that matters.

This is not a book about getting rich, and it is certainly not a book about getting rich quickly. It is about the distinction that took me twenty years to understand: that having money and being independent are unrelated conditions, and that a man earning four hundred thousand a year who cannot stop earning it is in a cage with better furniture.

Real numbers on nearly every page. The forces working against you, named plainly rather than politely. And no chapter that sells you speed, because I have never seen speed work and I am too old to pretend otherwise.

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The whole of it

What your assets produce each year must exceed what your life costs each year.

Introduced in the first chapter and returned to in every chapter after it. Capital, compounding, property, and multiple income streams raise the left side. Debt, marketing, depreciation, and lifestyle expansion, once you understand them, lower the right side.

Contents

Three parts, thirteen chapters

An introduction, then the three questions in order: what you are actually building, how the machine is built, and who has to become the person who builds it.

- Introduction: What I Was Wrong About Until I Was Forty
Part One · What you are actually building
1Money Is Not the Goal
2The Employment Ceiling
3The Four Forces Working Against You
Part Two · Building the machine
4Capital Comes First
5Compounding Is Mechanical
6Five Million
7Real Estate and the Thirty Year Clock
8More Than One Source
Part Three · The person who builds it
9Invisible Wealth
10The Knowledge Ledger
11Nobody Is Coming
12The Entrepreneur's Bargain
13Buying Back Your Time
From chapter one

"I have known people with two million francs who are not independent, because their life costs a hundred and eighty thousand a year and their capital produces sixty. I know people with six hundred thousand who are entirely free, because their life costs twenty-two thousand a year and their assets produce more than that without being touched. The second group sleeps better. They always have."

The book is not finished. The arithmetic is.

The calculator gives you the two numbers the whole book is built around. It costs nothing and takes about two minutes.

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