If you feel like you could be better with your personal finances and something is just not right when it comes to your financial stability, then it is about time you take matters into your own hands.
Being money savvy is a skill and it takes certain aspects and changes to be made to your life in order to succeed. These include:
👉 Educating yourself on money matters
👉 Changing and optimising your habits
👉 Improving your relationship with money and mindset around it
Since most schools do not offer any education in terms of managing personal finances, you will have to look for the knowledge elsewhere. Luckily, there is an abundance of information, sources and formats when it comes to financial education.
Here are some of our suggestions which hopefully will inspire you to learn more too.
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There is a wealth of information and financial specialists online. Find one that is credible and improve your financial knowledge by reading a little bit each day. If you’re overwhelmed by the sheer amount of gurus out there, I would recommend checking Dave Ramsey’s blog as this guy has some great actionable tips to share and has gained a reputation as a highly sought-after financial advisor.
As Mark Zuckerberg once stated, “Books allow you to fully explore a topic and immerse yourself in a deeper way than most media today.”
There is a wealth of books on personal finance and a lot of them are considered must-reads. Our list includes:
- Napoleon Hill – Think And Grow Rich
- Robert Kiyosaki – Rich Dad, Poor Dad
- Andrew Tobias – The Only Investment Guide You’ll Ever Need
- Ramit Sethi – I Will Teach You To Be Rich
- Jen Sincero – You Are a Bad*ss at Making Money
And many more.
There’s also a full list of all books Warren Buffet has ever recommended.
If your lifestyle doesn’t allow you to read because you are constantly on the move or you simply prefer more snackable content, then you should definitely check out podcasts. You can listen to podcasts whenever you are doing house chores, relaxing at the beach or driving somewhere and will find a lot of interesting content out there.
Some of the most recommended podcasts include:
- The Dave Ramsey Show
- Listen Money Matters
- The Money Nerds Podcast
- Mo’ Money Podcast
- 15 Minute Financial Advisor
- Masters of Money
You can listen to podcasts on Spotify, Apple Podcasts, Google Podcasts and many more.
There is a wealth of online courses platforms and a lot of financial advisors launched their own signature personal finance courses. You can check platforms like Teachable, Coursera or Udemy to find something that suits your needs.
What are some of your tips and tricks to becoming more money savvy?
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