Here we are to Day 8 of our Financial Freedom Challenge! Are you ready for the second week of the challenge? We’re going to start with a super interesting step. As you probably know I love reading, in particular financial books. In fact, reading more is one of my goals for 2019.
I think that reading is extremely important to keep our mind active and to learn something new every day. I’m used to reading two books at the same time: an essay from which I can learn something new and a lighter novel.
Today’s challenge is precisely this: reading a financial book. Are you ready?
What’s today’s task?
The main goal of this challenge is to learn how to achieve Financial Freedom. In order to do this, we need some financial knowledge, so we can use our money smarter in the future.
I wrote many articles about interesting financial books. Check them out:
These articles are full of awesome financial books that I suggest you to read. Every book will teach you different things and in the financial world every detail can make a difference.
My favorite financial books
I insert the list of financial books that I have most appreciated and that I recommend to begin with or to deepen your financial knowledge:
- Rich Dad Poor Dad – In Rich Dad Poor Dad you can read the real story of Robert Kiyosaki, the author of the book, who had two fathers. The first was his biological father (the poor dad) and the other was the father of his best friend (the rich dad). Throughout the book the author compares the two fathers, showing how different are their approaches to teach him how to achieve success.
- The Automatic Millionaire – The Automatic Millionaire is an easy and quick read with many helpful tips for personal finance success. The book is focused on how to retire in a rich way and the main lesson that you can find in the book is like a mantra: Pay yourself first.
- Think and Grow Rich – This book offers the tools to learn how to start thinking like a millionaire. Napoleon Hill is very convinced that thoughts can become reality if you can take control of them and if you are secure about your ideas.
- The Four Pillars of Investing: Lessons for Building a Winning Portfolio – The author tries to teach us the 4 most important lessons for building a winning portfolio. The book also speaks about all the dangers related to actively picking stocks, the importance of diversification and how to reduce the expenses.
- Intelligent Investor – This is, in Warren Buffett’s opinion, the best book on investing ever written. It talks about many important and interesting arguments, like value investing, buy-and-hold investing, diversification. You absolutely need to read this book if you’re interested in investing.
- You Are a Badass at Making Money: Master the Mindset of Wealth – This book will help you eliminate bad financial habits and create new and better ones.
- Why Didn’t They Teach Me This in School – Unfortunately Personal Finance is not taught at school. This is why many adults have no financial expertise. Even a little financial education can make a huge difference in your life. This book teaches you 99 fundamental principles of money management.
As you have seen each of them will teach you a different aspect of Personal Finance. Choose the one you prefer, buy it and read it!
While reading the book mark the quotations that you like most and which you consider significant. For instance, I have a notebook dedicated to the notes I write while reading books of this type.
Moreover, I suggest you to create this habit: read a financial book every month or two. It’s a great investment for your future, trust me!
A brief summary of today’s task of the Financial Freedom Challenge
- Read my articles about investing and financial books and the list inserted above
- Choose one book and buy it
- Read it and take notes if you think it can be useful for you
This was Day 8 of the Financial Freedom Challenge. Take this step very seriously because it’s very important for your future. If you have any questions about this challenge, write a comment and I’ll be glad to answer you 🙂
If you’ve read other interesting financial books, suggest them in the comments. I’m always looking for new books to read!
Besides share in the comments your opinion about this step. Are you reading a financial book? If yes, which one?
Come back tomorrow for Day 9. I’ll be here for you! Remember to follow us on Facebook and Instagram! Share this challenge on your social media: this will keep you motivated during the path, trust me 🙂 If you want direct contact with me (answers, discussions, doubts, advice…) and the other participants, join our Telegram groups (ENG Group, ITA Group).
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