RSPH Blogs - Finances!

  11 Must-Read Books on Various Financial Topics Here's a list of 11 books spanning a range of financial topics — Futures & Options, Derivatives, Commodities, Investing, Business, Self-Improvement, Entrepreneurship, and Forex — to help build a solid foundation across each. 1. The Psychology of Money — Morgan Housel (Business) Covers the psychological side of money — how our behavior and mindset around saving, investing, and spending often matter more than raw financial knowledge. Readers consistently highlight it as reshaping how they think about saving and investing, rather than just chasing trends. Check Price 2. The Intelligent Investor — Benjamin Graham (Investing) A foundational text on value investing — buying below a share's intrinsic value. → Related: What Is Value Investing? (#13) Check Price 3. The Warren Buffett Way — Robert G. Hagstrom (Investing) Walks through the investment principles and decisions behind Warren Buffett's career — a strong pick f...

  Must-Read Books on Startups & Business Here's a list of 7 books worth reading for anyone interested in business, entrepreneurship, or building a startup. 1. Rich Dad Poor Dad — Robert T. Kiyosaki A genuinely strong starting point, whether you're thinking about business or investing broadly. It reframes how you think about money in a way that's useful well beyond just startups. 2. Rework — Jason Fried and David Heinemeier Hansson A refreshingly simple, no-nonsense take on growing a business — full of unconventional ideas that push back against a lot of standard startup advice. Genuinely worth reading. 3. The Innovators — Walter Isaacson A compelling look at the evolution of our technology-driven world — great for anyone curious about how today's tech landscape actually came to be. 4. Zero to One — Peter Thiel, with Blake Masters Focused on building genuinely new businesses (or meaningfully improving existing ones) rather than incrementally copying what already exis...

  The Best Books to Read on Investing Here's a list of 7 genuinely worthwhile books on investing, for anyone looking to build real knowledge in the field. → Related: 7 Must-Read Books to Achieve Financial Freedom & Be Successful (#61) — a complementary list if you haven't checked it out yet. 1. Rich Dad Poor Dad — Robert T. Kiyosaki A great starting point for rethinking how you approach money. If you're looking to build a genuinely different, smarter relationship with money, this is a strong first pick. 2. The Intelligent Investor — Benjamin Graham Warren Buffett has called it, by far, the best book ever written on investing — and it remains the foundational text on value investing decades later. → Related: What Is Value Investing? (#13) 3. The Snowball: Warren Buffett and the Business of Life — Alice Schroeder A deep, well-researched look at Buffett's investing philosophy and career, useful for finding your own footing in the stock market — including how to proces...

  7 Must-Read Books to Achieve Financial Freedom & Be Successful "Leaders are readers" — and if you're working toward financial freedom, these seven books are a genuinely strong place to start. They've each shaped how countless people think about money, business, and building a better version of themselves. (Note: these aren't ranked in any particular order.) 1. Rich Dad Poor Dad — Robert T. Kiyosaki Hard to overstate how influential this one is. If you're just starting out on the path toward financial freedom, this book lays the groundwork — reframing how you think about assets, liabilities, and opportunity. A genuine must-read. 2. The Innovators — Walter Isaacson A great pick for anyone interested in the digital age — the people and ideas that built the modern tech world, and how that world continues to evolve. 3. The Intelligent Investor — Benjamin Graham One of the most respected books ever written on investing. Warren Buffett — widely regarded as one ...

  Money Management Lessons from Rich Dad Poor Dad: Personal Assets & Liabilities In Rich Dad Poor Dad , Robert T. Kiyosaki lays out a simple but genuinely useful framework around personal assets and liabilities — directly relevant to how we manage our own money. Here, "personal" assets and liabilities refer to an individual's own finances, not a business's or a company's. → Related: Learn How to Read a Balance Sheet in 5 Minutes (#16) — the same asset/liability concepts, applied at the company level. What Are Assets & Liabilities? (Kiyosaki's Definition) Kiyosaki's definitions are simple, and genuinely useful: An Asset is something that puts money into your pocket. A Liability is something that takes money out of your pocket. The two are direct opposites of each other. Understanding Assets When Kiyosaki talks about assets, he's not referring to a job — he's referring to your money generating more money without you actively tr...