Financial knowledge is power, but how do you gain financial knowledge as a college student when you have exams, clubs, and mountains of homework to worry about? Reading can be your key to accessing this power and the vast world of finances.
Throughout grade school, teachers immersed students in subjects like math, history, and science, but never seemed to take the time to teach students about the importance of money management and finances, a necessary aspect to success in our market.
As Ernest Hemingway once said, “There is no friend as loyal as a book”. With a plethora of books to choose from, it’s hard to choose where to start. Before beginning a book, it is necessary to ask yourself “What do I know little about in the world of finance?”, “What interests me?”.
The most important part of boosting your financial knowledge is research. Who do you look up to in the world of finances? This may be Elon Musk, Mark Cuban, or even Bill Gates. Do they have any books published or any books they recommend? What made them get to the place they’re at now?
After getting some research done, make a list of books you want to get to reading. First on my list was Rich Dad, Poor Dad by Robert Kiyosaki, a book recommended by the Swann Twins at our first event of the semester. After taking around two weeks to finish the book, I found that my mindset on saving and investing had changed completely — I was doing it all wrong.
So, our advice, do your research and pick up a book regarding business or finances and your future self will thank you.
For more book recommendations, check out the Swann’s book list from our September event.
