Your Money Or Your Life is a cornerstone of the personal finance genre despite its atrocious title. It was written in 1992 and has influenced millions of people since.
It gives a 9-step process so readers can focus on distinct elements of their financial life independently from one another.
Whatever your stage of life, it won’t hurt to pay attention to money, the ways to preserve it, and the ways to make it grow.
It will be even more useful if you start early, but not everyone has this liberty. In any case, here are my picks for the 5 Best Books about Finance.
If you’re trying to get your head around new cryptocurrency ideas and concepts see the books below. It’s a new field, and there still aren’t many published books to describe it. Since cryptocurrencies are developing so fast, I doubt that books are even the proper medium to get a real understanding of what is currently happening. But for the armchair warriors like me these books can concretize some of the ideas and introduce you to some of the main developers.
The Sovereign Individual imagines what changes are to come from the Information Revolution. A revolution that will bring in the fourth stage of human economic life; that of the Information Society.
Side note: This book has aged really well. It was written in 1997, and many of Davidson and Rees-Mogg’s predictions have come to be.
Housel’s thesis is that ‘financial success is not a hard science. It’s a soft skill, where how you behave is more important than what you know.’
Arguing to support this point he gives a small comparison. Given that health and wealth are important to everyone, how can we have made such advancements in the medical field yet find ourselves unchanged in the domain of wealth creation?
Good question.
The Fiat Standard was published after Ammous’ more popular title: The Bitcoin Standard. It examines Fiat currency, paper money that isn’t backed by Gold, as though it were a cryptocurrency token. With the underlying attributes of Fiat currency laid clear, readers can more easily compare it to Bitcoin and Gold.
After outlining the deficiencies of Fiat currency, Ammous then describes the effects of Fiat on our world, ranging from diet and health to architecture and fuel.
Pretty crazy to be reading this as Russia invades Ukraine in what I can only imagine is the last futile power grab of a disillusioned once-great empire.
The Changing World Order is very popular in the Crypto-verse and with investment influencers on Youtube. As I watch people line up outside of banks in both Russia and Ukraine to get their life savings out while they still can, I see why.
A Carte Resto is a prepaid debit card that can be used to buy food. It is supposed to make it more affordable for employees to buy their lunches while away from home.
I love this workplace perk!
It’s the easiest workplace benefit to appreciate daily.
Anyone who knows me well knows I’m passionate about money. It’s not the money per se that interests me, it’s the idea of freedom and choice that having it represents. I haven’t always been this way – though saving money has always been easy for me.
Here are my 6 essentials for money management.