The Frisky
  • Home
  • News
  • Health
  • Celebs
  • Movies
  • Love
  • Relationships
  • Style
  • Entertainment
  • Parenting
  • Royals
  • Travel
  • About Us
  • Latest
  • Contact Us
The Frisky
  • Home
  • News
  • Health
  • Celebs
  • Movies
  • Love
  • Relationships
  • Style
  • Entertainment
  • Parenting
  • Royals
  • Travel
Money

Money 101: 11 Personal Finance Reads To Change Your Life

by The Frisky January 15, 2020
by The Frisky January 15, 2020

In finance, there’s a canon that everyone on Wall Street has read: Benjamin Graham, Adam Smith, and Robert Schiller. But no canon exists for personal finance. In fact, most personal finance books are a frustrating waste of time and money. From Suze Orman’s factually incorrect information to Jim Cramer’s super-caffeinated hysteria, it’s a sad field that puts consumers who take such advice, likely already vulnerable if seeking help, at risk. But, despite all the garbage, there are some stellar resources and I am going to direct you to them.

Do not pay for personal finance writing. This is because buying books won’t help you get out of debt, and because there is far more BS in personal finance books than on personal finance blogs. Most blog authors started out as hobbyists passionate about passing on the tough lessons they learned from surviving financial trauma. Plus, they are accessible via email, post comments and Twitter. Personal finance “gurus” are really profit-oriented entertainers of the masses. Cramer has admitted as much. So stick to blogs.

Source: Tricky Enough

Personal finance blogging has grown up and there are some truly excellent options. Find your favorites, read them everyday and get to know the authors—they can act as de-facto financial coaches. Here are my favorites in descending order:

  • Man Vs. Debt: Adam Baker is fantastic. His site has a sleek, simple design that is easy to navigate. He is a great writer (gasp!). He publishes all his spending, keeps a tally of his possessions, and generally leads the war against mindless consumerism.
  • U.S. News and World Report‘s Alpha Consumer: This is Kim Palmer’s blog, a slightly feminist take on personal finance with relevant lady tips (annual cost of birth control, for example).
  • The Simple Dollar: Trent’s site offers a holistic view of financial stability and a free ebook. His “financial rules” are unusual and valuable. I like his emphasis on doing what you love as the key to wealth.
  • Frugal Dad: This guy is often very dorky but lays out instructions clearly. Like The Simple Dollar, he also offers an ebook. Frugaldad’s “kids” section makes the site. It is extraordinarily touching, personal, and useful, with posts like “How to insulate your children from financial fears.” And I don’t even have kids!
  • Youngmoney: This blog is always insightful and full of useful articles.
  • 20SomethingFinance, Moolanomy and GenXFinance remind me a lot of each other, but are full of smart advice.
  • Wisebread: This blog is quickly becoming the cool-kid of personal finance, with solid content.

Source: Fotolia

If you still want to read books after those excellent blog recommendations, borrow these from the library:

  • Total Money Makeover by Dave Ramsey. This is the only personal finance book I recommend. It is the book most likely to shake you out of financial denial. Ramsey breaks down debt recovery into a plan based around measurable improvements, which is important for permanently changing your habits. I also love his “debt is a predator chasing you” analogy, which haunted me for months after I read it when I shopped. Everyone struggling with debt and credit could benefit from this book.
  • The Bogleheads’ Guide to Investing by Larimore, Lindauer, LaBoeuf and Bogle. This is the primer of primers on basic investing from the founder of Vanguard, a respected mutual fund company. It offers low risk, sound, unexciting tips and explanation—just the way finance should be. Begin your finance education here.

Source: Margret Jöbstl

These resources will help you learn about stabilizing your finances, reducing debt, saving money, generating more income, and basic investing. They are the starting point for your transformation into becoming your own financial manager.

Original by Amelia Timbers

blogsmoney 101personal finance
The Frisky

previous post
Cash & Coupling: Are Your Gift-Giving Styles In Sync?
next post
Dating Websites Looking to Dominate 2023

Related Posts

What the Major Fashion Blogs Get Wrong About...

June 24, 2022

Digital Marketing for Accountants: 5 Tactics That Work

June 16, 2022

Guide to Learn About the Different Types of...

August 25, 2020

Recent Posts

  • How to Rank a Cannabis Website in 2023?

    March 25, 2023
  • The Risks and Rewards of Online Dating: What You Need to Know 2023

    March 25, 2023
  • From Wine to Gin: Creative Gift Ideas for the Alcohol Lover on Your List

    March 24, 2023
  • How To Deal with Unexpected Cat Medical Bills

    March 24, 2023
  • How to Gamble Using Your CSGO Skins as the Money

    March 24, 2023
  • The Benefits of Having a Plushie Collection as an Adult

    March 24, 2023
  • The Art of Communication in Relationships: Improving your Communication Skills and Strengthening Your Connection with Your Partner

    March 24, 2023
  • Teenage Anxiety: How to Identify and Provide Support

    March 24, 2023

Categories

  • Accessories
  • Animals
  • Anime
  • Art
  • Astrology
  • Beard Care
  • Beauty
  • Betting
  • Biography
  • Blog
  • Business
  • Buying Guides
  • Cannabis
  • Cars
  • Casino
  • CBD
  • Celebs
  • Children
  • Citizenship
  • Clippers
  • Clothes
  • Computer
  • Couple Time
  • COVID-19
  • Crime
  • Crypto
  • Culture
  • Design
  • DIY
  • Economics
  • Education
  • Entertainment
  • Environment
  • Family
  • Fashion
  • Featured
  • Food
  • Food & Drink
  • Furniture
  • Galleries
  • Gambling
  • Games
  • Gardening
  • Gifts
  • Girl
  • Gossip
  • Guide
  • Guys
  • Hair
  • Hair Care Tips
  • Hair Dryers
  • Hair loss
  • Hairstyles
  • Health
  • Highlights
  • History
  • Hobby
  • Home
  • Horoscopes
  • Hot Rollers
  • How to …
  • Industry
  • Internet
  • Interview
  • Law
  • Legal Advice
  • Life
  • Lifestyle
  • Love & Sex
  • Love Your Self
  • Makeup
  • Marketing
  • Medicine
  • Mind & Body
  • Money
  • Motorcycle
  • Movies
  • Moving
  • Music
  • Nails
  • Net Worth
  • News
  • Parenting
  • People
  • Pets
  • Photography
  • Products for Hair
  • Real Estate
  • Recipes
  • Relationships
  • Religion
  • Royals
  • SEO
  • Shopping
  • Skincare
  • Sports
  • Studying
  • Style
  • Super Stars
  • Tech
  • Technology
  • The Body
  • Tips
  • Tips & Tricks
  • Tools
  • Toys
  • Travel
  • Uncategorized
  • Vehicle
  • Video
  • VR
  • Wedding

Contact us:

santosmilewa [at] demotix.com

Footer Logo
  • About Us
  • Latest
  • Contact Us

© 2023 - All Right Reserved.

TheFrisky.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Amazon, the Amazon logo, AmazonSupply, and the AmazonSupply logo are trademarks of Amazon.com, Inc. or its affiliates.

We at TheFrisky participate in various affiliate marketing programs, which means we may earn commissions on products or services that we recommend or promote through our website. When you click on a link to purchase a product or service that we have recommended or promoted, we may earn a commission from the sale. This commission helps us maintain and improve our website and provide you with valuable information and resources.

The Frisky
  • Home
  • News
  • Health
  • Celebs
  • Movies
  • Love
  • Relationships
  • Style
  • Entertainment
  • Parenting
  • Royals
  • Travel
© 2023 - All Right Reserved.

TheFrisky.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. Amazon, the Amazon logo, AmazonSupply, and the AmazonSupply logo are trademarks of Amazon.com, Inc. or its affiliates.

We at TheFrisky participate in various affiliate marketing programs, which means we may earn commissions on products or services that we recommend or promote through our website. When you click on a link to purchase a product or service that we have recommended or promoted, we may earn a commission from the sale. This commission helps us maintain and improve our website and provide you with valuable information and resources.