DataDrivenInvestor
Jul 25
Member-only
Save
Managing personal finance is a mindset. And it often grows out of necessity.
I never cared for financial management — until I had to deal with a mountain of student loans. That mountain put such a strain on my wallet that I needed to find a way out.
It was my life vs. the student loan.
Few books (and some financial modeling) allowed me to get out of that loan three years sooner than I originally expected.
These are the same books that are now helping me on my journey towards financial freedom.
Here’s a list of five books that can help you too!
For a book on finance, this book is surprisingly easy to read.
The rich don’t work for money. They make money work for them
Robert outlined a series of valuable insights in this book. The quote above is one of them. It’s about making your money work for you, not the other way around.
Some of the other key learnings from the book are —
medium.com
Tony Robbins wrote this book after seeing the devastating effect of the financial crisis.
The book is based on Tony’s interviews with the world’s top billionaires. He distilled the key learnings and created this massive book.
Key learnings of the book are —
medium.com
This book is 85 years old. The fact that it still makes into such lists shows how timeless the advice was.
The money game often starts within your mind. And believe it or not, many of us think of money negatively. That negative feeling deters us from reaching our true potential.
The key points of this book include —
Benjamin Graham is considered to be a top guru in investment and finance.
This time-tested book teaches how to become an excellent investor. Warren Buffet said on this book —
It not only changed my investment philosophy but also changed my entire life.
Here’s the full video —
One of the key ideas mentioned in the books is value investing. Benjamin Graham urged investors to invest based on the real-life performance and dividend payment of a company. He suggested investors look for stocks that are selling at lower than their intrinsic value.
Save at least 10 percent of what you earn.
This book covers seven principles of making money which encompasses everything you need to create a financially solvent life.
Key points include —
These five books will give you the right mindset and knowledge to handle your finances in the way you deserve.
We are not in this world to slave for money.
We are here to enjoy life. And being the master of your finances can allow you to do that.
If you are not a Medium member, become one by clicking this link. It’s only $5 a month and the content you’d get is incredibly good. A portion of your membership will go to support the author & other Medium contributors (at no extra cost to you).
Subscribe to DDIntel Here.
Join our network here: https://datadriveninvestor.com/collaborate
—
—
6
empowerment through data, knowledge, and expertise. subscribe to DDIntel at https://ddintel.datadriveninvestor.com
Spendee
in
Spendee: when your money talks
The Financial Times
in
Financial Times
The Wealth Advisor
in
The Wealth Advisor
Carrie Bach
Charles Michael
Charles Chuks
Lil Ramen
Zay Matlock
AboutHelpTermsPrivacy
2x Top Writer ⚡ 10+ years in Marketing & Growth Hacking. ⚡I help others in personal growth, branding & finance. ⚡Join https://kmofradm.medium.com/membership
Help
Status
Writers
Blog
Careers
Privacy
Terms
About
Knowable