The credit union’s Financial Wellness Center is a fantastic resource for improving your financial literacy and learning how to accomplish specific tasks in your financial life. But, if you are looking for more resources for improving your financial literacy, we have some other resources to share.
Books and magazines are a great way to learn about a variety of financial topics, however, it’s important to find a publication or author writing at your level. Some books and magazines that may help you in your path for financial wellness include:
Books
Personal Financial for Dummies by Eric Tyson – While the title may be a bit embarrassing, the book covers everything from budgeting and investing in mutual funds to understand auto insurance and navigating the financial aspects of a divorce.
Why Didn’t They Teach Me This in School? By Cary Siegel – This book provides easily digestible advice on standard topics such as budgeting, investing and housing.
Magazines
Kiplinger is the only print magazine focused entirely on investing and money management. It provides clear-cut advice for everyday individuals and contains articles on investments, tax strategies, estate planning and more.
Barron’s is a more advanced publication and is geared toward someone who already has a fairly strong grasp on how the markets work. It is a great tool for understanding the outlook of a specific industry or company.
If you can’t seem to find time to read or have trouble getting through a book on personal finance, there are alternatives for you as well, including audiobooks and podcasts.
Audiobooks
Rich Dad Poor Dad by Robert T. Kiyosaki – This highly popular personal finance book translates well in the audiobook format, where listeners are privileged with getting an impassioned talking-to by an expert who feels like a particularly smart and paternal friend.
Your Money or Your Life by Vicki Robin & Joe Dominguez – It’s no secret that many feel money is the root of all problems. Author Vicki Robin agrees, but takes it one step further by proposing that it’s actually our relationship that money that forms the root of all problems. Robin herself provides listeners with the tools to re-evaluate and change money relationships.
Podcasts
ChooseFI is focused on the popular “Financial Independence” movement that involves making smart money decisions, living intentionally, earning more money, spending less money and reaching retirement sometime in your 30s or 40s. The podcast varies its topics with episodes on relationships and money, emergency fund development, wealth building, the best reward credit cards and more.
BiggerPockets offers three separate financially-focused podcasts—one specifically on money, one on real estate investing and one on business. Specifically, the BiggerPockets Money podcast provides two episodes each week to help listeners get their financial lives in order.
Improving your financial literacy is a great way to make sure you are making healthy money habits for yourself and your family. There are more places than ever to get information and become educated on personal finance. Start today!