2 min read
05 May

Part 1: Purchase Link:

If you prefer to read in paper format, feel free to purchase the paperback on Amazon through the below link:

Ein Hund namens Money (translated to "A Dog Named Money")

If you don't have time to read the book but want to quickly grasp the essentials, feel free to purchase the mind map summary of the book from our digital store to grasp the essentials.


Part 2: One sentence Summary

"Ein Hund namens Money" by Bodo Schäfer is a bestselling German personal finance book where a 12-year-old girl named Kira learns about money and wealth from a talking dog named Money, offering practical advice on budgeting, saving, investing, and building wealth.

Part 3: Top 5 Key ideas

  1. Understand the meaning of money, set clear goals by creating a visual gallery of dreams, and build up confidence by writing a success diary.
  2. Do what you like to do and make money from it.
  3. To make money, focus on what you know, what you can do, and what you own.
  4. Money is like a goose that can lay "gold eggs", Let the goose keep laying eggs for you. If you do not have a goose to start with, you need to work for it. Once you do have one, it will work for you instead.  One should divide his income into three components:  long-term saving (50%), short-term saving for dreams that can be fulfilled by money (40%), and a spending budget (10%).
  5. Act within 72 hours of your determination. Otherwise, it's likely that you would not pursue your determination.


  1. Make a list of ten reasons why you want to have lots of money. Pick three items from that list and start saving money specifically for those goals.
  2. Read your list of reasons every day to remind yourself of why you're working towards them.
  3. Create a visual gallery or vision board to help you imagine and picture your dreams. Imagine yourself in great detail at the successful end.
  4. Keep a success diary where you write down at least five things you've accomplished each day. It will help you understand your values better, organize your thoughts, and when you have doubts, you can refer back to the diary for motivation.

These simple steps can help you stay focused, motivated, and organized on your journey towards financial success.

Part 4: Who should be reading this book

This book was originally written for kids, but all the grownups who are at the beginning of their financial journeys should also read it as a first book. It is presented in a story format and imparts simple yet powerful principles. It is short, fun, and easy to read for anyone without any financial background. 

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