It is becoming more and more popular to use the internet or modern tools like chat.gdp to learn about finance. What if I told you that there are several scientific benefits of reading printed books according to an article called 7 Scientific Benefits of Reading Printed Books, the most important one being that you absorb more information.
Finance can be really difficult to grasp, especially for beginners. There are several difficult financial terms that have several definitions. Finance is also a very specialized field that requires you to constantly take on new knowledge.
Therefore books are the best option for people interested in finance, because as I stated previously books help you absorb more information.
If you’re looking to jumpstart your journey into the world of finance literature, what’s the most captivating book that will leave you hooked from the very first page?
Rich Dad Poor Dad
There were two suitable finance books for this topic in my opinion. One is Rich Dad Poor Dad and the other is the Neatest Little Guide to the Stock market volume five.
Let’s start off with Rich Dad Poor Dad shall we. This book really needs no introduction, because it is very famous around the world. It was first published for the first time in 1997 and it is written by Robert Kiyosaki. Robert rose to fame through the great publicity the book received and has continued to receive. This book has at the time of me writing this article 4,8 start on Amazon and similar scores on other bookselling sites.
So what makes Rich Dad Poor Dad so special?
It is a great book for beginners who don’t know a whole lot about finance. When you read most financial books you are nearly bored to death, however that is not the case with Rich Dad Poor Dad. The story is relatable and finance is described in a far more exciting way than you believed would be possible.
The story is mostly based upon Robert’s own father and his friend’s father. His own father tried to make Robert think in the same way about money as he was taught to think. A paycheck at the end of the month is the most important thing when it comes to money. In other words earned money which is taxed the heaviest by the government and yet it is the most encouraged form of income to have. Coincidence I don’t think so.
His other idol, his friend’s father, taught Robert the very opposite of his fathers ways by playing Monopoly with Robert and always stating that the rich don’t work for money. According to Robert the most important thing he learned was to apply a formula from Monopoly to the real world. Two greenhouses one red hotel= Real estate investing
I won’t spoil the rest of the book for you, because it is a very knowledgeable and interesting read.
Ï promise you will learn a whole lot about finance!
Neatest Little Guide to Stock Market Investing vol 5
The Neatest Little Guide to the Stock Market volume five was published way back in 2013 by Jason Kelly. It is less famous than its counterpart Rich Dad Poor Dad by Robert Kiyosaki, but it is still in the same league as far as finance books go.
Jason Kelly graduated from the University of Colorado in 1993 with a BA in English, but a professor told him beforehand that he wasn’t authoritative enough when it came to the English language as a whole. Well it is safe to say that that professor ended up being dead wrong. IBM hired Jason as a new writer in the technical division of the company. After a while Jason decided to take his life in an entirely different direction and become a freelance writer full time.
The rest is history and Jason has gone on to write several great books such as the Neatest Little guide to Stock Market Investing Volume five that he published in 2013. This book is great for beginners and experienced inventors alike. It contains more sophisticated investing strategies compared to Rich Dad Poor Dad.
Jason Kelly has studied prominent investors such as Benjamin Graham, Warren Buffet, Peter Lynch, William O´neil and Bill Miller. Each one of them has an entire chapter dedicated towards them specifically and their different investing strategies. This book offers you strategies that help you start or continue investing in a safer way that doesn’t cost you money.
Which One is the Best?
In conclusion, when it comes to deciding which book is the best for you, it ultimately depends on your specific goals and interests. For those seeking to improve their financial literacy and security, Rich Dad Poor Dad is an excellent choice.
On the other hand, if you’re interested in learning about investing and improving your investing skills, Neatest Little Guide to Stock Market Investing vol 5 is the way to go. By choosing the book that aligns with your goals, you’ll be able to maximize your learning and achieve the results you’re looking for.
