Many people manage their money as if they were born with financial knowledge. Other, not so much... May be handling finances like millionaires do, is not what a normal middle class person can do. Or maybe, we just didn't pay much attention to our finances.
Does this sound familiar to you?
If your answer is yes, then you are not alone.
Most of our time, well at least our time handling finances goes in paying taxes, bills and loans if any. But we do really spend time thinking of investing our money. Or making our money make more money for us while we sleep at night.
So what can we do to get good grip on on your finances? What can you do to make your money grow? Well the answer is fairly simple.
Educate yourself, learn...
That is how all the great people like,Warren Buffet, Elon Musk started out, because believe me when I say, no one is born with any knowledge. They simply learn and keep learning.
It is never to late to start learning about handling finances or investments. Here are some great book as a beginner you should start reading. These will surely get you hooked up on financial learning experience.
"Rich Dad Poor Dad: What the Rich teach their kids about money that poor and Middle class do not!" 20 years after its first release it is still one of the best personal finance book ever. Robert Kiyosaki talks some some childhood experiences, that got him to learn about financial independence. Also how to make your money work for you and make more money out of it. He teaches how not all debts are bad.
It is one of the best books on getting started with financial knowledge even after 20 years.
One up on Wall Street: In easy-to-follow terminology, Lynch offers directions for sorting out the long shots from the no shots by spending just a few minutes with a company's financial statements. His advice for producing "tenbaggers" can turn a stock portfolio into a star performer!
This book mostly focuses on Stock market investment and how to search for stocks, read balance sheets and value investments.
The Intelligent Investor: One of the best books for fundamental approach to investment. It talks about value investment so neatly that it made this book best seller in the world even after half a century later the first edition came out. Over the years, market developments have proven the wisdom of Graham's strategies. While preserving the integrity of Graham's original text, this revised edition includes updated commentary by noted financial journalist Jason Zweig, whose perspective incorporates the realities of today's market, draws parallels between Graham's examples and today's financial headlines, and gives readers a more thorough understanding of how to apply Graham's principles.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence. This book offers a nine-step program for living more meaningful lives, showing readers how to get out of debt, save money, reorder priorities, reserve inner conflicts, save the planet, and convert problems into opportunities.
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