What’s your strategy on money? Or have you ever had such a strategy? If not, this is not unusual.
First, when I was little, I made a few pounds by selling water in the market near our house, and since then I had read about money, finance and investment, but never made a financial plan.
But now I think that every working professional needs a financial strategy. How do you spend your money? How much do you save? What do you think of debt? What do you put your money on? How much money do you need to retire? These are the questions that every person who makes money has to answer.
Let’s face it. If you want to retire comfortably (not to mention a luxurious lifestyle) you need to be rich.
The 5 books I have suggested in this article will help you do that. After reading these, you will never have to worry about personal finance. The word never could have been a bit pretentious 🙂
- Babylon’s Richest Man – George S. Clason
This book was published in 1926 and as far as I know it was the first popular book on personal finance. Babylon is also the richest city of ancient civilizations because it has the richest people of the time. They used reliable financial principles to increase the value of money. What we all desire… They invested for their future.
Like the law of gravity, the rules of making money are universal and unchangeable. Looking for solutions for empty wallets, this book is called a guide to financial insights. It is known as the best of studies on economic and financial planning. This book, which will guide you through your life, will help you to detect your financial problems and find a way out. Babylon’s Richest Man is the kind of book you want to read, recommend to your friends, and give to young people who have just begun their lives.
- Smart Investor – Benjamin Graham
By following the principles of this legend with care and stability, this legend never falls from the list of the 100 best-selling books on Amazon:
Learn the difference between speculation and investment, protect from speculation, learn your investor profile and risk perspective, form the right investment strategy for yourself, learn how to manage your private pension funds effectively and efficiently, protect your savings against crises, inflation and panic waves, rational, sustainable and real returns in the medium and long term know the correct values and prices of the assets regardless of their quality, realize the panic waves and price decreases are opportunities for an intelligent investor, comprehend the principles of trading in the right time and conditions, and ensure that unnecessary trading and position You will understand the importance of keeping valuable and right-price assets without getting caught up in furs.
- Random Looking at Stock Exchange – Burton G. Malkiel
Malkiel, with a keen eye on the boom in advanced technology and the resulting landscape, is showing us ways to maximize profits and minimize losses in the world of electronic brokers, virtual gurus and so-called investment instruments. It teaches you how to explore potential returns in many areas, not just for stocks and bonds, but from money markets and real estate investment trusts to the insurance industry, real estate, tangible assets such as gold and collectibles. It allows you to solve the rating game of mutual funds and discover the advantages of index mutual funds over a range of more risky alternative investment instruments.
- 4-Hour Week – Work Less, Earn More and Live Well! – Timothy Ferriss.
Forget the old-fashioned retirement concept and deferred life plans. There is no need to wait, there are many reasons for not waiting. If your dream is to escape from the struggle for life, to travel the world, to have a high income with zero management, or just to live more and work less, this book is for you. Readers of this book can reach wealth by working only 4 hours a week and spend the rest of their time as they wish: be neither boss nor employee. Just have it. Do jobs with the minimum requirement to keep things running and achieve maximum impact. Instead of having more, have more quality. Create a long-term career with short-term jobs and experience mini-retirement. How can you eliminate 50% of your business in 48 hours using the principles of a forgotten Italian economist? Discover.
- Stop Worrying to Live – Dale Carnegie
Dale Carnegie’s book, read by millions of people all over the world, aims to help you overcome the sadness habit of Stop Sadness.
Carnegie’s formulas will also really work in the rapidly changing world of the 2000s. Apply these formulas