I don’t actually really like talking about money because a lot of what you see and hear on the internet is a scam.
[ scroll down for a complete list of books recommended to increase your knowledge of finances]
I don’t believe in any sort of “get rich” scheme or ploy —
Anyone who says you can go from nothing to something in a short amount of time is usually someone I’d like for you to stay far (far!!) away from.
I am not an expert on money.
I don’t even really enjoy thinking about it — it causes me stress and anxiety and conjures up memories of seventh grade math which is when I realized that I wasn’t naturally good at all things in school.
Except.
Unless you are a trust fund kid or have some sort of magical fairy to do everything for you —
Paying attention to your finances and learning about how to properly save, invest, and take care of your money so it can then take care of you — is important.
In this newest podcast episode I share how financial literacy is the ability to understand and use financial skills to make informed and effective decisions about money.
I grew up in a very frugal home. My parents and grandparents taught me so many life lessons around this.
However, early in my marriage, my husband and I started playing around with credit cards and quickly found ourselves in debt.
It was not until after the birth of our first child that we realized that this was not the best life choice.
So, we stopped and started educating ourselves in our finances. We started reading books and watching shows to learn anything we could on how to be smart in our spending. And I am sharing it all with you today!
If you’d like a list of books that I recommend — I’ve listed them below for you:
Recommended Reading – Finance
Dave Ramsey – Total Money Makeover
Robert Kioysaki – Rich Dad, Poor Dad
JL Collins – Simple Path to Wealth
Thomas Stanley – The Millionaire Next Door
Denise Duffield-Thomas – Get Rich, Lucky Bitch
Vicki Robin – Your Money or Your Life
Jen Sincero – You are a Badass at Making Money
Ramit Sethi – I Will Teach You to Be Rich
Napoleon Hill – Think and Grow Rich
Andrew Tobias – The Only Investment Guide You’ll Ever Need
John Soforic – The Way of the Wealthy Gardener
Morgan Housel – The Psychology of Money
James E. Hughes Jr. – Family Wealth
- All of these books have been read and utilized within the foundational elements of the Finance Module in the Simple Shortcuts to Peace course. If you are going to read one, and one only, the best recommendation is the Simple Path to Wealth by JL Collins.
– steph
The post episode 127 of the Slow Living podcast: Financial Literacy appeared first on Stephanie O'Dea.