Generation FIFinancial Independence Education for Young People
Financial Books
You will remain largely the same unless you intentionally change your inputs: the people you meet, the books you read, the lessons you learn, and the habits you form. (paraphrasing Charlie “Tremendous” Jones.)
Simple Path to Wealth by J.L. Collins is a great place to start. Written with his college-age daughter in mind, the Simple Path to Wealth hits the key pathway steps necessary to live a life of financial independence. J.L. Collins is plain spoken, interesting and down to earth. He makes you realize how accessible the path to Financial Independence while investing in the stock market. The younger you put these principles into action, the faster you will free yourself. Rich Dad, Poor Dad by Robert Kiyosaki has been around long enough to have loads of haters and even more fans. While I don’t subscribe to his excessive use of debt (I prefer peace of mind over the possible raining down of riches), I was fundamentally changed when I read his book. He reframes the way “everybody” thinks about money and offers an alternative way to make money work for you, not you for your money. Where Simple Path to Wealth uses the power of the American Stock Market to preserve and grow wealth, Kiyosaki uses real estate and hard assets.
