Financial Books

I’ve read a handful of books on personal finance and investing. If you’ve never read and investment book, I recommend If You Can. It’s 50 pages and you can buy it used for less than $4.

  • Rich Dad Poor Dad- Very motivational but go look into the author. Bit of a grifter. ⭐
  • The Millionaire Next Door- Pretty good advice and motiviational. ⭐⭐⭐
  • Total Money Makeover - This is the crash diet. If you are in lots of debt or completely new to budgeting, read and do this book. I adhered to it when I first got a job and when I quit my job to start a business. After that, his advice starts falling a part. ⭐⭐⭐
  • I Will Teach You to Be Rich- Automate your finances. There, I saved your a read. ⭐⭐
  • The Index Card - Just stick to reading the Index card and skip the book. ⭐
  • Simple Path to Wealth - Probably my favorite investing book. ⭐⭐⭐⭐
  • The Little Book of Common Sense Investing - John Bogle spending an entire book proving to you that his Index Funds are better than any other form of investing for 99% of people. He’s right by the way. ⭐⭐⭐
  • Die with Zero- Read after you’ve read all the other books. Good balance. ⭐⭐⭐

I’m going to work on my more detailed list of financial advice to give my kids. JL Collins 3 points though, are probably great.

  1. Spend Less Than You Earn
  2. Avoid Debt
  3. Invest the rest (in VTSAX)

Bonus advice: don’t buy these books. Get them on Libby from your library. If they are good, THEN by them if you liked it a lot.

Financial Literacy for Dummies (Like Me) with JL Collins

Productivity Tip: Create custom autocompletes.

This is a small one but I end up using it every day For things that you type often across a lot of different apps, you can create custom text replacements. My most used one are addresses. So instead of typing out my entire address I just type “myaddress” and it puts in the entire address properly formatted.

On Mac you do this from Settings > Keyboard > Text Replacement and it works across all your icloud connected devices. So If I’m trying to send my address to someone in a WhatsApp chat on my iPhone, works there too. Don’t have to worry about fat fingering the wrong number or autocomplete guessing wrongly at your oddly named address.