I am no longer in school, so I am completely in charge of what I choose to read and study for the first time in years. I wholeheartedly believe in personal development and being a lifelong learner, so I am committed to gathering all the information I can to help me improve my finances. I want to share with you all some of the resources that I’m using to bring me closer to achieving my goals.
Small Change: It's the Little Things in Life That Make a Big Difference! Susan & Larry Terkel
I found this on sale at Barnes & Noble. This book was a quick read to get me back in the habit of reading for pleasure, and also to get me to start thinking about the possibility of making changes in my life, and how to do so in a way that I would not get overwhelmed or frustrated.
The Total Money Makeover Dave Ramsey
Now that I was warmed up to the idea of change, my next step was to apply this idea to my finances. I developed goals on my own, but wanted to have an example for a structured approach to money management, and to get basic foundational knowledge about personal finance. I'm only about halfway through this one, but already I feel I've learned a lot about the importance of establishing an emergency fund, setting financial priorities, and all of the personal stories included in the book really make it appear possible to reach my financial goals.
I Will Teach You To Be Rich Ramit Sethi
I have been following the author’s website for the past few months, and it has truly inspired me to think about earning more money. Once I’m in the routine of making smarter financial choices, I can move on to thinking about increasing my earning power, and pursuing more advanced topics like investing. I was drawn to the book because it featured step-by-step instructions on how to negotiate with your credit card company (including an actual script) and how to select an online bank, and includes information for young people thinking about investing.
After I have all of the personal finance basics down pact, I will explore books to improve my marketability (and employability) as a young professional.
The Little Black Book of Success: Laws of Leadership for Black Women Elaine Meryl Brown, Marsha Haygood, Rhonda Joy McLean
I have big goals, and I have a lot to learn in order to become the success that I’m striving to be. As a black woman, I will face a unique set of challenges in entering the corporate world, in addition to the steep learning curve facing any fresh-faced employee entering the workforce. This book, written by three uber-successful black women with years of experience, seems to be designed to give young women like me a 24-hour pocket-sized mentor.
The 4-hour Workweek Timothy Ferriss
I will admit, the title really piqued my interest, but after reading several reviews on Amazon, I knew I had to get my hands on this book! I consider my time management skills to be pretty strong, but there is always room for improvement. I’m hoping this book will prepare me to reach a new level of productivity…and maybe one day become like the author and go from $40,000 per year and 80 hours per week to $40,000 per month and 4 hours per week :)