If you’re looking for ways to improve your personal finances, reading personal finance books is a great way to start. In this video, I share my nine personal favorite personal finance books.
โบ The Millionaire Next Door (
โบ The Psychology of Money (
โบ The Index Card (
โบ The Total Money Makeover (
โบ The Little Book of Common Sense Investing (
โบ The Bogleheads’ Guide to Investing (
โบ A Random Walk Down Wall Street (
โบ I Will Teach You to Be Rich (
โบ The Simple Path to Wealth (
Timecodes:
0:00 – Intro
0:39 – The Millionaire Next Door by Dr. Thomas Stanley
1:55 – The Psychology of Money by Morgan Housel
3:08 – The Index Card by Helaine Olen
4:14 – Total Money Makeover by Dave Ramsey
5:28 – The Little Book of Common Sense Investing by John C. Bogle
6:19 – The Bogleheads’ Guide to Investing by Taylor Larimore, Mel Lindauer and Michael LeBoeuf
7:12 – A Random Walk Down Wall Street by Burton G. Malkiel
8:06 – I Will Teach You to Be Rich by Ramit Sethi
8:57 – The Simple Path to Wealth by JL Collins
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LINKS:
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โบ Favorite Books:
DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.
Awesome information! Thank you!
Great video, thank you!
Where's "The Intelligent Investor?"
All these books are great. Thanks for sharing with us!
No richest man in Babylon
Thank you Tae.
A personal favorite (that's partially finance but in pursuit of a better life) is Your Money or Your Life. I seriously can't speak more highly of this book.
Dave Ramey is a monster.
Can you show us all those books ๐ that you have behind you there on shelves, in your library, Iโd like to see it and maybe to copy it.
Gautam Baid: The Joys of Compounding
After a terrible 2022, shell-shocked financial backers have a lot to think about and losses to recover from. An expansion report and a wealth of other data did little to alter assumptions that the Central bank would likely keep raising interest rates regardless of whether the economy slows down. This implies that portfolios will experience more losses during the first quarter of 2023. I'm currently at a crossroads in deciding whether to exchange my $250k security/stock portfolio; how might the continuous market volatility work to my advantage?
What about Rich Dad Poor Dad? Itโs sold over 46 million copies since the 90โs- probably more than all of the listed books combined. If u want to build wealth, u need to own physical assets, not just paper investments! This book has changed my life!
Great books! Also great hair!
So i have been watching your videos recently ,and i fucking love absolutely all of them. Keep it up man, you're helping A LOT of people.
No Rich Dad Poor Dad???? Great list though :).
I would also recommend Cashflow Quadrant ( and no other books by him ) and also The History of Money ( Weatherford ) for a solid background of commerce and money. I like Sethi's approach to begin to move from survival to gaining control of your own money.
If you don't have a plan for your life, someone else does — and you may not like it
Greatest Books on Finance and Investing #ytshorts #shorts #finance #shortsfeed
https://youtube.com/shorts/JJKJaO1iKho?feature=share
Awe… cute picture with JL Collins. I'm a big fan of him. His book changed the way I invest too. Love this video <3
Love all these books! ๐ฅ๐๐ป
If the money spoke
I habe read a book if the money spoke ๐๐๐
Great suggestion, thx!
Thank you for the suggestion of 'The Index Card'. I will definitely read this book. I think that many people see 'simple' and 'easy' as interchangeable terms – but they're not.
EX: If you want to lose weight and get in shape – simple – eat right and work out. But it's not 'easy'. You need a sustained program of impulse control with food, and a consistent workout regimen. Understanding the difference between 'simple' and 'easy' is crucial. Understand that the simple solution is going to require doing things that aren't always easy.
TOOK 401K LOAN = PAYED 3 CREDIT CARDS OFF
God bless thank you for sharing. Yes I also whish I would of started reading books and getting better education on finances. Good thing it's never too late.
'Richest Man In Babylon' is my favourite.
I'm surprised you have The Index Card on your list. I thought the book was total garbage. I had to stop reading once they recommend that you should have your age in bonds. A 20 year old should not have 20% of his/her portfolio in bonds, just like a 40 year old should not have 40% of his/her portfolio in bonds. This is dangerous advice, especially since the authors have no idea what the reader's risk tolerance is or if they have multiple sources of income, like jobs, side gigs or small businesses, will be receiving a future inheritance, has rental income or has some sort of guaranteed pension from a previous employer.
Goodvideo
I kept seeing the "millionaire next door" AND read positive reviews so I just submitted an order on Amazon earlier today. Wish me luck LOL.
just read at least the simple path of wealth invest in dividends stocks and index!!!! good luck
I've just finished reading "Sofa Success; The Art of Making Money from Your Comfort Zone" and I have to say that it is revolutionary. While enjoying the comforts of your own area, the author gives us an effective plan for making money online. It feels like you have a mentor guiding you through it all. This is something you should definitely do if you want to increase your income without going outside of your comfort zone. I would strongly recommend it!
Great books! A Teenagerโs Guide on how to Invest Like Warren Buffett and Charlie Munger is another great investment book.
God bless thank you for sharing. Yes I also whish I would of started reading books and getting better education on finances. Good thing it's never too late.
I would recommend the book 'Masonic Tricks for Making Money' because it can vividly illustrate how the Masons earned money and how an ordinary person can also profit from it
These comments are full of scams
Best layer one book: The Only Investment Guide You'll Ever Need – Andrew Tobias.
Best Layer two book: Lifecycle Investing – by Ian Ayres & Barry Nalebuff.
Thanks for the new reading material.
I own and have read Total Money Makeover & A Random Walk down Wall Street. Will check those other ones out.