We Should All Be Millionaires book cover

We Should All Be Millionaires by Rachel Rodgers Summary

We Should All Be Millionaires
Rachel Rodgers
4.19 (7239 Reviews)
Entrepreneurship
Business
Self-growth
Overview
Key Takeaways
Author
FAQs

Overview of We Should All Be Millionaires

In "We Should All Be Millionaires," Rachel Rodgers demolishes financial barriers facing women, especially women of color earning just 62 cents to a white man's dollar. What if rejecting societal money myths could transform your finances - and society itself?

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Key takeaways

1

Money Isn't Just About Money - It's About Power

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The wealth gap isn't just alarming - it's a crisis of power. White women earn 79 cents and Black women only 62 cents to a white man's dollar. Women pay more for debt, invest less, and face greater poverty in retirement. Despite being better investors and leaders, only a tiny fraction of women-owned businesses reach seven figures. Why? Because our society has systematically kept women from building wealth. Money equals power - the power to leave toxic situations, advocate for causes you care about, and create meaningful change. Rachel Rodgers knows this firsthand. She transformed from a law clerk earning $41,000 with a 480 credit score into the founder of a multi-million-dollar business. Her journey taught her that conventional financial advice for women is deeply flawed. While we're told to stop buying lattes and cut expenses, Rodgers advocates expanding income rather than contracting expenses. When women have money, miracles happen. Research shows women invest 90% of their income back into families and communities, compared to only 35% for men. That's why NGOs rebuilding after disasters invest in women first. Look at philanthropists like Beyonce, Sara Blakely, and Mackenzie Scott - their wealth creates change that wouldn't be possible without serious money. Six figures isn't enough anymore - households earning $100,000 often have only 2% disposable income after basic expenses. The goal should be at least $1 million in assets or generating $1 million annually. This isn't an impossible dream - it's achievable through building a business, investing in real estate, or trading stocks, regardless of your circumstances or background.

2

Breaking Free from Limiting Money Stories

3

Million Dollar Decisions vs. Broke Ass Decisions

4

Setting Million Dollar Boundaries

5

Building Your Million Dollar Squad

6

Creating Your Million Dollar Vision

7

Taking Million Dollar Action

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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"The themed book list podcasts help me connect ideas across authors—like a guided audio journey."

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"I never knew where to start with nonfiction—BeFreed’s book lists turned into podcasts gave me a clear path."

@Chloe, Solo founder, LA
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"Perfect balance between learning and entertainment. Finished ‘Thinking, Fast and Slow’ on my commute this week."

@Raaaaaachelw
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"Crazy how much I learned while walking the dog. BeFreed = small habits → big gains."

@Matt, YC alum
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12
likes
108

"Reading used to feel like a chore. Now it’s just part of my lifestyle."

@Erin, Investment Banking Associate , NYC
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comments
254
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17

"Feels effortless compared to reading. I’ve finished 6 books this month already."

@djmikemoore
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"BeFreed turned my guilty doomscrolling into something that feels productive and inspiring."

@Pitiful
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"BeFreed turned my commute into learning time. 20-min podcasts are perfect for finishing books I never had time for."

@SofiaP
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"BeFreed replaced my podcast queue. Imagine Spotify for books — that’s it. 🙌"

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"It is great for me to learn something from the book without reading it."

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