Book Suggestions on Financial Coaching
The Richest Man in Babylon
This short little book is very condensed and I found it very interesting and helpful. I really enjoyed that the lessons were taught in a story format and then a summary at the end of each chapter. This book is a great introduction to creating, growing and preserving wealth, and helping you find solutions to your personal financial problems. It is stated that this book is a timeless classic and I totally agree.
The Psychology of Money
Wow this book was FULL of amazing stories and information. It really drove into the reasons why people do things with money and how important mindset is around money. Proving my point that it has less to do with how much money you have and more to do with what you do with your money that can make a person feel rich or poor. The book is a must read and I especially liked the end of the book that gave “A brief history of Why the US Consumer Thinks the Way They Do”. It was fantastic! When we understand why things are the way they are, why we do the things that we do, and what patterns to watch out for, we are better able to understand how to make different choices in the future.
Let's Save America
Interesting read. The author is very passionate about the power of compound interest and make very good points. I like the statistics and facts that he used to enforce his commonsense approach. I was very surprised by the statistics around commercials and the money spent on them. I found this quote exceptionally powerful. "The American public willingly buys electronic billboards (television sets), and places then in their homes. Networks provide free entertainment, in exchange for viewing advertisements". I had never thought of a television set in that way, and it has changed my perspective.