While all of the information you need is easily available in a blog post or video, the power of reading a good old-fashioned book shouldn’t be forgotten about. Here are some highly recommended resources to help you get started on your personal finance education:

“The Total Money Makeover” by Dave Ramsey:

This is a great book for beginners.Dave Ramsey is a renowned personal finance expert who offers practical advice for getting out of debt and building wealth. In this book, he presents his seven-step plan to financial freedom, known as the “Baby Steps.” Ramsey focuses on budgeting, eliminating debt, emergency funds, and investing for the future. It’s a straightforward and actionable guide to taking control of your finances and achieving financial peace.

“The Intelligent Investor” by Benjamin Graham:

Considered a timeless classic, this book by Benjamin Graham is often referred to as the “bible of investing.” Graham, a legendary investor and mentor to Warren Buffett, presents his principles of value investing. He emphasizes the importance of fundamental analysis, buying stocks with a margin of safety, and adopting a long-term investment perspective. This book provides a solid foundation for understanding the principles of sound investing.

“Rich Dad Poor Dad” by Robert Kiyosaki:

In this classic book, Kiyosaki shares his personal experiences and contrasts the financial mindsets of his own “poor dad” (his biological father) and his “rich dad” (the father of his best friend). He emphasizes the importance of financial literacy, assets versus liabilities, and building wealth through investing in real estate and businesses. This book provides valuable insights on changing your mindset and taking control of your financial future.

“The Millionaire Next Door” by Thomas J. Stanley and William D. Danko:

This book reveals surprising secrets about America’s wealthy, including the fact that most millionaires live below their means and prioritize financial independence over a high consumption lifestyle.

Personal finance is a vast subject, and these books serve as valuable starting points. They can provide you with foundational knowledge and insights to make informed financial decisions. As you continue your financial education, explore additional books and resources to expand your understanding and tailor your learning to your specific goals and interests. Remember, the most important part of financial education is applying what you learn to your own life. Be patient with yourself, and take things one step at a time.

Happy reading and learning!