New to personal finance and want to sink your teeth into a good book? Look no further! When I began my personal finance journey I was confused by all the technicality in the jargon and math; So I sought out books that would speak English not accounting. Now I listen to podcasts at work and spend my free time living and breathing personal finance! Today I will share with you my favorite podcasts and books that opened my eyes to personal finance.
Written by Robert Kiyosaki in 2000, Kiyosaki details his success with personal finance and how you can learn from the same lessons his “Rich Dad” taught him. Kiyosaki focuses on the difference between Assets (things that make you money) and Liabilities (things that cost you money) and the common misconceptions regarding these; Spoiler, these misconceptions can cost you a lot in missed opportunities in the long run!
Written by Dave Ramsey in 2003, Ramsey leaks the truth about the myths that society has developed over the years to allow businesses to capitalize on profits. He covers the debt snowball, why debt is such an easy trap to fall into, car leases and debt consolidation. As Ramsey always says, “I’m sick and tired of being sick and tired!” Once you are sick and tired of being sick and tired motivation is easy to find. If you are just starting your personal finance journey or are in debt trying to get out, this book is a great inspiration to get you started.
If you are interested in investing but don’t know anything about it, this book may be right for you. Author Maya Peterson explains basic concepts relating to investing as well as how to identify stocks you may want to invest in. If you are debt free, this book may be a good one for you. Remember though, investing while in debt is like borrowing someone else’s money to invest. Investing can also be risky and there is the chance of losing money so be careful when doing so.
Ramsey answers his followers call on air regarding debt, investing, houses and other personal finance topics. The show airs Monday through Friday from 2 pm – 5 pm eastern time. Ramsey’s humor keeps the show entertaining while informative. He covers many topics covered in his book “The Total Money Make Over” while on air answering viewers questions. They often interview self-made millionaires which can be great motivation to stick to his baby step plan.
Wright’s main audience is mainly moms who are running small businesses but don’t be fooled; You don’t have to be a mom to reap the benefits of her podcast. She covers great material on starting a business, how to grow your business and marketing for small businesses. They are typically 40 minutes long and feature a variety of guest speakers keeping the podcast interesting and motivational.
In “A Drink With James,” James covers topics such as marketing, entrepreneurial skills, fashion etc. James covers marketing on modern-day platforms like Instagram, Snapchat and Facebook marketing. If you want to market yourself or business, “A Drink With James” would be a good podcast for an introduction to marketing and developing your brand. This podcast was recommended to me by a friend, colleague and fellow blogger Jen from Charm In the Mundane.
If you have any books, blogs, or podcast relating to personal finance or entrepreneurship that you’d recommend I’d love to hear them. Please leave a comment below and I’ll be sure to check it out!