Best financial freedom books reddit. For personal finance but related with retirement.

Best financial freedom books reddit Best Personal Finance Books Navigate your financial future with confidence by exploring the most endorsed personal finance books, pooled together from the suggestions of leading financial experts and blogs. Jan 2, 2025 · Following some great Canadian personal finance blogs allowed me to join these PF bloggers on their personal finance journeys to achieve financial freedom and financial independence greatness. Join our community, read the PF Wiki, and get on top of your finances! Demarco explained why the book is shit. In Financial Freedom, he provides a step-by-step plan to reach FIRE. The Man Who Solved the Market - Greg Zuckerman Book about the most successful quantitative investing fund. If each hun other than the bottom level has five downlines, four levels deep would be 1, 5, 25, and 125 respectively, so the bottom level's upline's upline's upline would be 1 in 156, and it would be feasible to know them by name/picture/weekly required Zoom session. Ideally that can walk me through financial modelling from a beginner’s standpoint. I hate to tell you this, but unless you have sizable assets that can generate revenue (house, land, inheritance, etc. In my opinion, this book is very underrated and most people even don't know about this book. com Nov 2, 2023 · Grant Sabatier wrote Financial Freedom after finding out he was completely broke. This is a place for people who are or want to become Financially Independent (FI), which… Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. Jan 3, 2025 · If you're seeking a clear, concise guide to financial freedom, this book is a good choice; emphasizing long-term investments and personal financial responsibility. We would like to show you a description here but the site won’t allow us. Collins is a noted financial blogger and speaker. Part of me just wants to get out while I still can and try my best to be ambitious and creative, to be my own boss and make my own dollar. The only trading rules: 3x ATR stop and 1% risk per trade. May 17, 2022 · Here are 10 of the best personal finance books available today: "Your Money or Your Life" by Vicki Robin and Joe Dominguez. Reply reply Best books to read at the beginning of financial freedom journey Hello, new here. I’ll give you an actual answer based on industry experience. 100% of the author’s and publisher’s profits will be donated to charity. The Psychology of Money is a valuable read for anyone who wants to improve their financial literacy and make better financial decisions. Find out the best books about FIRE and financial freedom. There is a book you can borrow from your local library and. In this book, Robert Kiyosaki shares the story of his two dad: his real father, whom he calls his ‘poor dad,’ and the father of his best friend, the man who became his mentor and his ‘rich dad. Jan 24, 2024 · 2. This book provides a step-by-step guide to getting out of debt, building an emergency fund, investing for retirement, and creating a budget that works for you. Five years later, he was a millionaire. The Millionaire Next Door is absolutely required reading, or it was for me. Which ones have you read? Let us know in the comments Feb 9, 2025 · “Financial Freedom” by Grant Sabatier; Best For: Anyone interested in reaching financial independence quickly. I agree being rich is not in and of itself bad. When Demarco wrote this book he was already Successful and had sold his multi million dollar business to someone. 2 - The Little Book of Common Sense Investing - John Bogle 3 - A Random Walk Down Wall Street 4 - The Millionaire Next Door 5 - The Psychology of Money For Filipinos interested in stocks, bonds, mutual funds, ETFs, forex, crypto, banking, business, insurance, and any other topic related to investing money, making money, or growing money in the Philippines. It shows well that despite all of the advances in trading and technology over a hundred years nothing changes. . ” On the investment part, the whole philosophy is around simplifying your portfolio. His other 2 books are also equally good. People considering advisors need to go with fee-only CFPs. It's a good book that shows you how to negotiate to get the best terms of employment when being hired, along with some other useful negotiation advice (hiring lawyers, navigating job offers, etc. Jan 21, 2025 · Diving into a book can be a great way to learn more about personal finance. More importantly, if you’re considering a financial planner it’s probably because you don’t have this financial discipline set up in your daily life. To reach financial freedom, which means for me having the choice to do whatever you want with your time, you need to focus on the basics. 50 years is a long time, to be sure. Join our community, read the PF Wiki, and get on top of your finances! Nov 19, 2024 · Grant Sabatier, creator of Millennial Money, illuminates the path to financial independence in his book “Financial Freedom. The first edition of this book by David J Schwarz is quite old. Didn’t have to be massive, but it needs to be scalable and sellable. The book provides a detailed explanation of each tool and how it can be used to analyze and trade financial markets. 24. Marriages, Families, and Intimate Relationships, 4th edition by Brian K Williams, Stacey C. Mergers and acquisitions were the way BRKH outperformed, he invests in private companies or large parts small publicly traded names so he has control over their balance sheet, and essentially drains the entity for all it has to shove towards whatever line of business in BRKH is currently producing the most ROI, often severely scaling back the We would like to show you a description here but the site won’t allow us. Nov 20, 2024 · The financial independence, retire early (FIRE) movement has gained popularity for obvious reasons. [highlight]To get you started, we've created a list of the 12 best books for those pursuing FI. Unlike other books, Financial Freedom focuses on side NW currently around 1. Educating yourself is your best bet if you want to achieve financial freedom. At its core, FI/RE is about maximizing your savings rate (through less spending and/or higher income) to achieve FI and have the freedom to RE as fast as possible. typically, with some stiff-faced creepy looking guy on the cover dressed in a gawdy suit or it's just a close-up photo of money on fire. Reddit community for TheFinanceNewsletter. E. ChooseFI: Your Blueprint For Financial Independence Jun 13, 2022 · Financial Freedom Simplified Mission Statement: To assist individuals who want to improve their financial well-being, accumulate wealth, and progress toward financial freedom by providing useful and actionable information relative to personal financial matters. The Guy who wrote Rich Dad, Poor Dad became rich after selling the book. Deep down, I feel like I am being sold a lie. If you mean why is it so hard to achieve financial freedom quickly, well it all comes down to the equations at hand. " About The Author: J. And I think that the unique benefits of financial freedom are just as important as the basic benefits. If you guys know of any books or articles and even podcasts maybe that have to do with financial minimalism, please let me know!! Buffet has and will always be a corporate raider. My relationship with my finances definitely needs to be improved and I want to improve in any way I can. just a couple caveats to what's been posted here: financial advising/wealth mgmt is a pretty sales focused role. Unless and until someone decides they want to explore ultra-saver / Financial Independence Retire Early (FIRE) mode, I feel like some of the other shows mentioned in this thread, while great, might be a bit much. Sabatier’s personal story of going from broke to financially free in five years provides Books shelved as financial-independence: The Simple Path to Wealth: Your road map to financial independence and a rich, free life by JL Collins, Your Mon It's not easy, but it is simple: earn more, spend less, and use the difference wisely. Save 10% of your income (realistic for nearly everyone in the middle class) and wait 50 years. Key Takeaways. These titles are frequently cited as essential reads for anyone looking to improve their financial health. Stage 6 - Abundance In the final stage of financial freedom, you have "Enough -- and then some" (again, this is how Dominguez and Robin describe it). Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. It was written 100 years ago and based on Jesse Livermore. Anyone can call themselves a "financial advisor" if they pass a quick FINRA exam and "disclose" their conflicts of interest. CFPs are fiduciaries and are required to give you advice in your best interest at all times. Describing the book as one that contains “Timeless lessons on wealth, greed, and happiness,” Morgan explores how our human desires and behaviors conflict with our financial freedom goals and how to best behave in order to achieve financial freedom. Being "rich" is also about living your best life, being content, and having the financial freedom to have choices in life. First off we have a lot of smarties in this Fire community and I read your comments and appreciate all of you. ) This is THE best intro to personal finance book I’ve ever read and I’ve read most of the books in this thread. 2) MMM Not a book but I love his blend of stoicism and financial independence. Kiyosaki. It is our intent and purpose to foster and encourage in-depth discussion about all things related to books, authors, publishing, films, and filmmaking in a safe 2. Financial independence isn’t all or nothing, every little bit helps. Diversify your investments to manage risk; Focus on long-term growth and compounding; Develop a lifetime income plan to achieve financial freedom. Financial Independence is closely related to the concept of Early Retirement/Retiring Early (RE) - quitting your job/career and pursuing other activities with your time. I read the whole thread on the books that are recommended. For personal finance but related with retirement. My question though is what are some milestones I can look to hit prior to reaching 30 in order to ensure i’m on the path towards financial freedom before i’m 50. For asset accumulation: Rich dad poor dad. Whether you're just starting or looking to refine your financial strategy, this book is a beacon of clarity. by Robert T. Highly recommended. This book includes 40 short, digestible chapters, each of which includes coaching questions which are designed to get you Yesterday I asked you about the best books that genuinely helped you financially. N. The research presented in that book was incredibly insightful and changed my outlook on things by helping recast my orientation away from aiming for to be high income and aiming to be high net worth. If anyone can find or has this book please lmk I’ve been struggling to find it for the past few days. Listen for professional insights, success stories, and practical advice to advance your career and net worth, regardless of whether you’re just starting out or trying to FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. BiggerPockets Money, ChooseFI, etc. 5. By FAR the best investing book I've read and I'm a licensed financial planner with 15 years in the industry. Wahlstrom 2017 or any year that is found Achieving financial freedom in 5 years may be an ambitious goal, but by educating ourselves on discipline and planning, it is an increasingly attainable goal. ” Having reached financial independence by age 30, Sabatier tells others how to determine how much money they need to quit their 9-to-5 and how to invest and build the habits required to reach that goal. I believe that financial independence is not just about accumulating wealth, but also about using that wealth to live a more meaningful and fulfilling life. As we write this in early 2023, these are the Financial Independence, Retire Early (FIRE) books we wish we had known about in our 20s and 30s. Retire with dignity by Sharad S Ramnarayanan It's not easy, but it is simple: earn more, spend less, and use the difference wisely. I also think that Clark Howard covers the basics and generalities of personal finance really well. See full list on millennialmoney. Mar 4, 2025 · A beloved modern classic, The Simple Path to Wealth started as letters from financial expert and author, JL Collins, to his daughter, explaining the remarkably simple – but almost universally overlooked – ways she could ensure a life of financial freedom. g. It's not easy, but it is simple: earn more, spend less, and use the difference wisely. S. I'm not sure I want that kind of life. Oct 8, 2023 · Even though there are schools around the U. As the title suggests, I am looking for recommendations on the best books to read to begin building a mindset as well as methods/practical info for financial freedom. 1 - A Simple Path To Wealth - this book really clicked with me (I would read/listen to this first due to its simplicity and gives you a good base for the other books). A lot of this sub talks about spending less than you earn, buy a house, investing trackers, maxing out pensions etc. Look for a CFP, CFA, or CPA (these are the only designations that matter for general advice) who specializes in early stage planning for folks in your situation. Very easy to understand and one of the best books. 1M subscribers in the financialindependence community. Each one presents a unique and worthwhile approach to handling your money. Invest the surplus. Spend less than you earn. Simple path to wealth, anything written by John Bogle, millionaire next door, random walk down wall street, I will teach you to be rich, think and grow rich, rich dad poor dad, money master 7 steps to financial freedom. That way you can begin to earn financial freedom and control your own destiny. "Financial Freedom" by Grant Sabatier. The most frequent outcome for individual stocks over their lifetime is a 100% loss. Does one of his steps involve writing a book about the number of steps to financial freedom? I’m 42 and 0 saved/invested. He is like these modern Gurus who make money by selling their courses 15. Save 20% of your income and you're down to 36 years. 6 is a unique one (and it's the one i'm currently at) where you have a choice to make. Murphy also covers the intermarket relationships between different financial markets, such as stocks, bonds, and commodities, and how they can be used to gain a deeper understanding of the overall market. Hey guys. 154 votes, 129 comments. Psychology of money. Quote From The Book: "Your wealth is not measured by your income but by the size of your investment portfolio. However I did not see anything about the title: Trade Your Way to Financial Freedom by Van K. Did you read any of the above mentioned book before? I am looking for books on personal finances and how to manage money in a wise and minimalist way. It was first published in 1959, but there is a reason why over 6 million people have read it and loved it: its message is as relevant today as it was back then. It's almost like there should be two levels of 6, just like someone said there should be two levels of 5. "The 9 Steps to Financial Freedom" by Suze Orman. I was overwhelmed by the amount of awesome recommendations, but also by the number of books suggested. Nowadays, many people just do personal finance reddit Canada, but before there was reddit, there were blogs (and still are!). Learn about budgeting, saving, getting out of debt, credit, investing, and retirement planning. “Financial Freedom” by Grant Sabatier is a great resource for anyone looking to accelerate their journey to financial independence (FI). Build a baseline of financial security with the difference first, then use it to invest for your future. Pet peeve: everyone says something like Ben Graham, Phillip Fisher, Peter Lynch, or Mark Cuban, and maybe even Ramsey or Kyosaki, but most people need to first thoroughly read a college intro financial management textbook first, then Burton Malkiel, them maybe N. With the Inspired by Gary Keller’s bestselling book, this show unpacks the strategies, mindset, and systems top agents use to scale their businesses and achieve financial freedom. I'm not sure if financial freedom can be achieved working 40 hours a week. A lot of people but the expensive things first thinking they’ll get rich later, but it doesn’t usually work that way. And, at one book a month, this could be a full year's worth of great FI reading![/highlight] 1. You can’t argue with the internet, right? 👽 FI/RE (Financial Independence / Retiring Early) is a money strategy that's sweeping the nation. Best For: Hi all I am new to this sub and was looking for a good book to read on the subject of investing and trading. every time I see a book on investing, it's usually busted up and dirtied in a bargain bin pile at a secondhand store. If you're interested in learning more about investing specifically, "The Intelligent Investor" by Benjamin Graham is widely considered to be one of the best finance books of all time. How did he achieve this? By throwing himself into personal finance and learning everything there is. So that's the difference. Unfortunately I don’t get the opportunity to study accounting modules and so since I’m considering a career in finance I would like to hear out your guys’ recommendations on a book. The Only Options Trading Book You'll Ever Need 16. like many other sales roles, the bar for entry is lower, but more than likely you need to grind hard, get lucky, and have the right personality to succeed. In this post, we shared the 10 best personal finance books that could change your life this year. true. that now teach personal finance lessons, the education is not enough. More than 50% of all stocks have delivered negative lifetime returns. These are simple steps anyone can take that will equip them to work and live on their Great book about how we come about valuing companies, balancing the story and potential of a company with its current/historical financial statements. This book was written for beginner investors emphasizing investing in broad market ETFs like VTI or VOO for their simplicity. If escaping the rat race by building passive income streams appeals to you, there are many great resources to help guide you down the path. The book is full of practical advice and insights that can help you achieve your financial goals. The Magic of Thinking Big. For example, for me, I spend a lot of money on video games. There are resumes with these three actions. There are books that you can borrow from your local library. The Successful Physician Negotiator. Money can give you the freedom to do the things you want to do with your time. Your Money or Your Life - Money = life energy Richest Man in Babylon - timeless parables and statements on money and risk Millionaire Next Door - wealth isn't about "Here in my Garage", it's about efficient use of resources, saving more then you earn, and investing the difference prudently. Just getting into the practice of doing the right things to maximize wealth acquisition early in life is almost certainly worth the investment you make for the first year or two. The opening chapter where the author compares two different POVs of the same 40-something year old completely changed my mindset about money. May 5, 2023 · The book aims to empower readers with the knowledge and tools to achieve financial freedom and make a positive impact on their lives and the lives of others. Rich Dad Poor Dad. Avoid debt. Sawyer, Carl M. This book was written for beginner investors emphasizing investing in broad market ETFs like VTI for its simplicity. Tharp. ’ We would like to show you a description here but the site won’t allow us. This is all based on the 409 comments received We would like to show you a description here but the site won’t allow us. L. com and its 50,000+ readers to debate finance, investing, financial news, personal finance, real estate, stocks and crypto (from different view points). 90 votes, 134 comments. 3) millionaire next door Stop pretending to be wealthy and just be wealthy. Taleb, because you probably won’t even have the tools to properly apply what those retail gurus teach you without a firmer We would like to show you a description here but the site won’t allow us. Your Options Handbook: The Practical Reference and Strategy Guide to Trading Options Source : You can read more information about the books in this article. It's written by two trial lawyers (20ish years ago so a tad dated but most of it still applies). those building big books and making tons of money are the exception not the rule. I recommend this book because it's more than just financial advice; it's a roadmap to a stress-free financial life. Suze Orman's comprehensive guide empowers you with practical advice and actionable steps. For personal growth: the compound affect Being "rich" isn't just about having over $1,000,000 or a large bank account. 4) bogle’s “common sense on mutual funds” A dense read but has a ton of good info and data to back it up. Attaining financial freedom is extremely easy. Get Rich with Options: Four Winning Strategies Straight from the Exchange Floor 17. Mar 4, 2024 · 2. Plus, this is Reddit’s #1 recommended personal finance book today. To help you get started, Business Insider's personal finance team put together a list of 10 financial books to read for Jan 7, 2025 · Multiply Your Money is an easy step-by-step guide to growing your savings, starting with just the cost of your daily coffee run. Your passive income from all sources won't just fund your lifestyle forever, but it grants you the freedom to do anything you choose: indulge in luxury, build a business empire, establish a Apr 24, 2024 · Many readers agree, with The Ladders recently voting Financial Freedom one of the top 10 personal finance books of all time, Lifehacker saying “Financial Freedom blew my mind…,” and over 100 Amazon reviewers have called it “life-changing”. ) or you're in a career position where you can earn outsized returns for the 15 year remainder of your career, you are just fucked. The Little Book of Common Sense Investing by John Bogle. Broad market ETFs for the win! Reddit community for TheFinanceNewsletter. Yeah, 6 is a weird one. Personally, I think it should be the second thing that you spend your money on. Just set it and forget it even during market corrections until you retire. Want to learn more about financial independence, financial freedom, and how to get there? Start here: How To Reach Financial Freedom In 7 Easy Steps; 50 Clever Money Hacks That Will Save You I read "Trading Your Way to Financial Freedom" and it's one of the best trading books I've seen. Some tips that I have gathered from experts in the field and from my own experience and the people around me can be summarized in these points. all feeling like the youtube finance videos with hyper exaggerated near grotesque facial expressions and rocket/moon symbols with insane It's a well known book and i'm sure i'm not the first to reccomend but after reading many books on daytrading this was the best. The whole point of the book is summed up in this experiment: Tom Basso, trend follower, made a study where the trading system would enter the market at random times and in random directions. If they overstate how well they know the person, it wouldn't be that difficult for everyone to know a top-1% person, actually. Jun 30, 2023 · The 35 Best Philosophy Books to Live Better and Become a Great Thinker; The 34 Best Psychology Books That Will Make You Smarter and Happier; The 25 Best Sales Books of All Time to Help You Close Any Deal; The 33 Best Self-Help Books of All Time to Read at Any Age; The 22 Best Books About Sex & Sexuality to Improve Your Love Life & Relationships Aug 1, 2023 · So there you have it, the best financial independence books which helped me on my own journey to living a life I love and following my passion every day. Award-winning financial journalist and financial commentator Nick Louth takes you through pensions, tax, compound interest, strategically navigating yourself out of debt and gaining confidence with money. Upvotes & Downvotes moderate this community! Mar 29, 2023 · We reached financial independence in our late 40s. Mar 21, 2023 · Keys to Financial Confidence: Unlock Your Best Life by Marika Stimac. The other steps don't really require a difficult choice. Has lots of great examples. A lot of these are small business related, but in my opinion it’s the best way to achieve financial freedom - by running your own business. These types of planning practices that focus on for example health/life insurance planning, goal setting/prioritization, cash flow planning, We would like to show you a description here but the site won’t allow us. May 8, 2019 · 3. Richest Engineer and Index Investing. And what better way to start than reading some of the best books on the topic? Yes, you heard that right – there are entire books written on financial independence! This blog post will explore the 26 Best Financial Independence Books To Read if you want to take control of your money and achieve financial freedom. Rich Dad Poor Dad is the #1 selling Personal Finance book for all time. Covering essential topics like creating a realistic It's not easy, but it is simple: earn more, spend less, and use the difference wisely. If I went into the video game industry, I know I would lose my enjoyment of them and instead of the enjoyable time waster it is, it would become a chore that I would dread. The best 4% stocks were responsible for the net gains of the entire US stock market. meqwhnm nugsc auokjn nhe txac bfdnv ztvrn eqa gtrnn gce yjr oaa kzo wywkug vui