Investing today can be a frightening concept. Young professionals are finding themselves thrust into a world of finance, yet unprepared to make the decisions that are right for them. While there are a plethora of resources out there to help, it can be difficult choosing which ones to use. After combing through numerous personal finance blogs, podcasts, and apps, here are some of our top picks for any green investor looking to build their expertise.
Mr. Money Mustache is a personal finance blog that covers topics ranging from gaining financial independence early to fixing impulse spending. Mr. Money Mustache has garnered a cultish following, built over time through an active internet forum, and even has its own outdoor retreat known as Camp Mustache.
Money For the Rest of Us is a personal finance and investing podcast on money, how it works, how to invest it, and how to live without worrying about it. J. David Stein, a former Chief Investment Strategist and money manager, takes to the microphone week after week to teach individuals how best to handle their finances through a simple to understand, yet hard-to-forget delivery.
The Intelligent Investor, by Benjamin Graham has been called “by far the best book on investing ever written” by Warren Buffett. Boasting a publication date older than most investors (with several updates along the way in keeping with the times), this investment guide has sold millions of copies, while coaching individuals on the core principles of managing a portfolio built for loss minimization over profit maximization.
Rich Dad, Poor Dad, by Robert Kiyosaki and Sharon Lechter advocates the importance of financial literacy and building wealth through investing. Purportedly based on the author’s life, the book delivers key points (differentiated by stories between his real “poor” dad and his friend’s “rich” dad) that helped him understand business and become wealthy.
Mint is a free to use financial tracking tool that automatically collects all your account balances, investments, and spending in one place. Mint is a life simplifier in that it allows its users to quickly review all their financial transactions at both the high and low levels, and to see what they’ve been earning and spending.
While this is by no means an exhaustive list, it is a good place to start building one’s own library of knowledge. If you’re looking to learn more please contact Glassman Wealth!