#Personal finance learning

[unopenablebox]

important part of my relationship is that my girlfriend isn't subscribed to money stuff, so when we walk to work together i can just describe really good money stuff bits to them

[financeprincess]

advice for people just wanting to be educated in the finance field?

I would start dipping your toe in the finance sections of reputable sources (i.e. Financial Times, Wall Street Journal, Harvard business review, MarketWatch, etc.) and start researching terms and companies you don’t know. I treat myself with a Bloomberg Businessweek subscription sent to my home because I love their design team and it’s actually very informative. You can also sign up for the Morning Brew finance newsletter, it’s free and I read it every morning to get a brief overview of what’s going on. Even just being informed of current events is helpful in learning about finance because all major events effect the market and businesses. Look at stock performance charts. Learn about different types of investment accounts and different kinds of investments. There are a lot of really great courses on platforms like Coursera as well, I just took one called Private Equity & Venture Capital from Università Bocconi. Flirt with equity crowdfunding platforms (I accidentally made a lot of money on one of these as an early investor with less than $1k). If you live in the US start looking into personal and business tax deductions. Even credit card rewards can actually get you a lot, I’ve gotten free hotel rooms and free flights from money I would have spent anyway. Investments also mean more than just individual stocks: could be index funds, mutual funds, bonds, CDs, REITs, forex, precious gems & metals, real estate, even some designer goods retain and increase in value if bought strategically and handled correctly. Even just having the fundamentals of a maxed out retirement account (a Roth IRA or a backdoor Roth IRA is my personal preference) full of index funds and mutual funds that are balanced well, a fully funded emergency fund of 3-12 months personal expenses, any debt above 7% interest paid off, and sinking funds for various expenses automatically set up in a high yield savings account will have you very well off. When you have a foundation like that you have the breathing room to change careers, take time off, buy investment properties, invest in volatile but potentially profitable ventures, start businesses, and set up additional streams of income.

[hershelwidget]

sorry i just went on an deep dive. it would cost like. 5 or so billion dollar for the octonauts to function. either inkling has pockets as deep as the ocean or there’s some highly illegal behind the scenes nonsense goin on here

[bitchesgetriches]

You Should Learn To Cook. Here’s Why.

The average American spends over $3,000 a year dining out—almost as much as they spend on groceries. Sadly, the bulk of that spending comes from young people. Millennials spend 44% of their food budget on dining out and ordering in.

There’s a lot of reasons why millennials spend more money dining out than other generations.

Keep reading.

If you found this helpful, consider joining our Patreon

[wonder-worker]

every day I wish that Edward IV's Chamber records actually survived :/

[clearcutcasualty]

Therapy costs (derogatory)

[deus-ex-mona]

congrats to anyone who has graduated recently/will be graduating soon~~~ y’all did it!!!!!

[13eyond13]

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[tinderbox210]

I have my annual appointment at the bank today and all I’m thinking is, this could have been an e-mail...

[greensproutblog]

The Best Books For Learning About Personal Finances

Your ability to make smart money decisions determines a lot about your quality of life. But, knowledge on how to manage your finances, save, invest, accumulate wealth, etc., is only sometimes known by learning. We at GreenSprout are dedicated to helping you make the best financial decisions for your family and future. Our GreenSprout team has outlined the best personal finance books and financial resources everyone must read before the year runs out.

The Best Personal Finance Books Everyone Must Read

I Will Teach You To Be Rich - Ramit Sethi

Ramit Sethi is a popular personal finance author. In this book, he outlines a six-week plan to live your best life according to your definitions. The book teaches its audience how to open high-yield savings accounts to earn interest, automate their account to save monthly, use credit cards, and maximize rewards. "I Will Teach You To Be Rich" helps you to strategize with your money and build money-making systems. The book is easy to read and understand. Many readers have testified of its impact after reading it.

The Automatic Millionaire - David Bach

This book borders mainly on how to automate your finances. It preaches that there are certain ways that you can set up your finances to allow them to operate on their own and develop into wealth.

The Simple Path To Wealth: Your Road Map To Financial Independence and a Rich, Free Life- JL Collins

This book is targeted at anyone who wishes to retire early. The different principles outlined in the book were written as though the author was writing a letter to his daughter. The book explicitly explains complicated details and provides lots of actionable advice on accumulating wealth. The book is rated 4.8 stars and has more than 3800 reviews on Amazon.

Retire Before Mom And Dad - Rob Berger

This book is majorly for anyone who wishes to get wealthy and retire early. It swims through the principles that make early retirement and financial independence possible. You can still read this book to learn the secrets to wealth, even if you do not wish to retire early.

Spend Well, Live Rich: How To Get What You Want With The Money You Have - Michelle Singletary

This book reflects on the life of the author's grandmother, who was able to raise five children; the author inclusive on a modest salary. The author discusses the principles that her grandmother used to maximize what she had. The book is best for anyone seeking budgeting inspiration or a beginner in personal finance.

When She Makes More- Farnoosh Torabi

Farnoosh Torabi is a personal finance expert and author. In this book, she discusses her reality as the breadwinner and a woman in an opposite-sex relationship. She discusses the struggles, realities, pros, and cons and explains how they maximize earnings while minimizing conflict.

The Financial Diet: A Total Beginner's Guide To Getting Good With Money - Chelsea Fagan and Lauren Ver Hage

This book generally helps readers to know more about money and life. It is best for young adults as it discusses investments, budgeting, retirement savings, debt repayment, etc. The book is very actionable and easy to understand.

[carsthatexcite]

Find out why CarsThatExcite is Sydney’s top choice for quality vehicles. Explore their exceptional service, selection, and customer satisfaction.

[knowledgeandprofit]

Unlocking the Future: How Blockchain and AI Are Teaming Up for Innovative Solutions

[ghostwithaheartbeat]

Can everyone in this family please just stop actively dying for one fucking day. please