Finances Archives - from Gnome to Goliath

How to Improve Your Financial Education

Books contain the answers to most of our problems. This article contains the financial education books that will help you get wealthy.

As a reader, I dedicated my 2021 to financial education. I selected over 50 books and I read about half of them (among other things). If you have been following my articles, you have noticed that this is my approach to everything. If I want to improve my tennis game, I would read a bunch of books and I will go out and play tennis. Or, if I want to improve my running, I would read some books and I will go out running (in the rain, in the ice, and sometimes when it is sunny).

Ever since I read “Rich Dad, Poor Dad” in my twenties, I have been fascinated how people do not understand money, finances, and the simple (but not easy) steps to become rich (or to be more precise wealthy). This article is a collection of the best books about money, budgeting, saving, investing, which I have uncovered so far in my quest to attain financial education. I was tempted to post affiliate links to the books that I will quote, but then I remembered that I am determined to keep my blog free and ad free. So, if you feel the urge to support me – go and buy my book in the Books section above.

How to Self-organize Your Personal Budget

Having a budget is the best way to get ahead of your spending. It can be a tedious and hard effort but it pays off over time.

As much as most people dislike thinking about a budget, there is universal acceptance that this is one of the ways to get hold of your personal finances. Keeping a personal budget comes up in almost every other book about personal finances and still most people are doing it wrong.

I have also tried several times in my life to stick to a budget with various degrees of success. Over the years, I think I got to a good-enough spot, but it still not optimal. Recently, I stumbled upon the book You Need a Budget by Jesse Mecham (link to Goodreads). and my personal process finally clicked with Jesse’s method.

In this article, I will walk you through my mechanism (influenced by YNAB) to track my family’s finances. If you follow the eight steps, you will be able to self-organize your budget.

How to Self-organize Your Personal Finances

Learn how to self-organize your personal finances by tracking spending, creating a plan, paying yourself first, and investing.

I have been waiting a lot of years to feel qualified for a post about personal finances. My theme for 2021 is financial education and I wanted to share with you my philosophy on the subject, supplemented with a few book suggestions.

There is a lot of misunderstanding around this topic and in this article I am tackling a few of these misconceptions. The most burning question is usually: “Where do I start? My financial situation is a mess…” And I think I found the best book to remedy this feeling. Once you start there is a lot to learn and a lot of strides to make, but as in everything else:

A journey of a thousand mile starts with a single step.
Laozi (or Confucious).