It can be difficult to teach yourself about finances, investing, retirement and savings. Where do you even begin? When you know very little, it seems so overwhelming. Hopefully, this blog will be a good resource for you if you’re researching about smart budgeting and debt repayment! Some of our best beginner content includes:
But, admittedly, we can’t cover it all, and we rarely if every talk about long-term investing. However, there are some great resources out there that cover broad financial topics in depth and can help expand your knowledge. They will help you evolve from money newbie to a financial pro!
Books about Money Management
Check out a few of these bestsellers sold on Amazon prime for an interesting and helpful read.
The Total Money Makeover: A Proven Plan for Financial Fitness
Dave Ramsey’s best-selling novel is a must-read for those wanting to better their finances. The back cover pumps you up for the read by stating:
Okay, folks, do you want to turn those fat and flabby expenses into a well-toned budget? Do you want to transform your sad and skinny little bank account into a bulked-up cash machine? Then get with the program, people. There’s one sure way to whip your finances into shape, and that’s with The Total Money Makeover: Classic Edition.
If this sounds like you, get to reading. Ramsey helps readers create a foolproof plan for paying off debt, helps them secure savings for emergencies and retirement, and discusses 10 dangerous money myths.
Your Money or Your Life
Vicki Robin talks readers through 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence in this New York Times best-selling novel. She addresses the importance of making a life, and not just a living. Readers are encouraged to rid themselves of debt, create savings and live for less. It’s a brilliant read for those wanting to learn more.
MONEY: Master the Game
This book lays out Tony Robbins’ 7 Simple Steps to Financial Freedom. It is a great read for beginners, because Robbins flawlessly explains complicated financial processes and terms in a simple and understandable way.
Sometimes a short and sweet blog can be a great way to learn more. We’ve written before about some of our favorite bloggers who paid off debt. But you could also take a look at these blogs, which might teach you some things you did not know about money.
Good Financial Cents
Jeff Rose writes in his blog about investing, saving for retirement and paying off debt. He uses personal stories to make things relatable, and does an excellent job of explaining things on a level that even beginners can understand. His blog is a great place to begin learning about finances.
Money Under 30
David Weliver’s blog Money Under 30 caters to younger adults who are still learning the ropes of personal finances. He helps this under-30 crowd get a better grasp on the world of money, and encourages them with advice he wished he had in his twenties.
Financial Ducks in A Row
Jim Blankenship is a financial expert who covers everything from retirement, saving money, education funding and more on his blog Financial Ducks in a Row. He offers advice on Social Security, income tax, and all things financial.
A Wealth of Common Sense
Ben Carlson’s blog, A Wealth of Common Sense, is fantastic for those with a desire to learn. He’s simple, concise and easy to understand. His real-life examples help to explain important concepts, and he posts nearly every day. They would make a great daily read during your morning coffee.
Hopefully these resources will help you take your finances to the next level! Just remember that getting rid of your consumer debt is one of the first big steps to financial independence. Most, if not all, of these experts will recommend debt repayment as step #1, because the money you lose in interest often outweighs any gains you would make from the stock market, for example. If you want help with this step, consider working with Clearpoint in a free credit counseling session.