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1. Rich dad poor dad
If you want to learn how to become rich then read Rich Dad Poor Dad.
This book gives you real information about how to make money in any type of business.
It teaches you about how to start making income and gives you some good advice for building wealth.
When I started reading this book, I was a little skeptical at first if this book would actually teach me anything new or not, but after finishing this ebook I could tell that this book really had something unique and valuable to offer.
The author Robert Kiyosaki has written many books before including; “The Richest Man In Babylon”, “Start Late But Get Financially Fit”, and “Unleashing The Entrepreneur Within”.
So after reading his previous books I knew he probably wouldn’t write another book on how to start a business or build wealth without giving us what we need.
But, I have to admit that I did enjoy reading the book and learned a lot of interesting facts along the way.
I loved learning how to save money while traveling and I think that anyone who wants to travel eventually should read this book.
Now, I know that this book wasn’t just written to help people who want to get out of debt or start a business.
Robert Kiyosaki wrote this book for everyone to be able to take advantage of the knowledge he shares in this book.
He gave us great ways to earn extra cash and even tips on how we can save money in our everyday lives.
After reading this book you might find yourself asking questions like:
-How do I improve my financial situation?
-Why am I always broke?
2) Bulls, Bears, and Other Beast
The first section explains how to read financial statements as well as how to avoid major financial pitfalls. Each chapter then goes over specific aspects of each type of business. These sections go over basic accounting, inventory management, cash flow, and many other topics that should be considered when running any kind of business.
The second section details what happens after a company files for bankruptcy protection. It covers everything from the different types of bankruptcy filings, the court process, and what creditors get repaid and if they receive anything at all.
The third section looks at how to prepare a budget for your company. Once you have a good idea of where your money comes from and where it goes you will be able to make more informed decisions about your company's future.
Finally, I give detailed notes on two companies that I think could really benefit from some help. One is an online retailer, and the other is a service-based business.
I hope you enjoy reading my books! Please share them with others who might find them useful. If you purchase them via the links provided, I will receive a small commission which helps me keep making these videos. Thanks for watching, and please subscribe.
3) Psychology of money book review
This book examines how people make decisions about what they spend their money on. Often we don't have enough information about products and services to compare them properly, so instead of taking the time to research properly, many people simply buy without thinking about it. Decisions about spending our money take place on four levels – emotional, intellectual, practical, and social. Many factors influence these decision-making processes. These include income, interest, gender, age, culture, personality traits, and even mood. A good understanding of these influences and how they work is necessary if we want to understand why people act the way they do when it comes to managing their finances. This may sound obvious, but often basic economics lessons are not learned until later in life. Even then, some people never learn them entirely. There are two reasons why we need to know these things. First to help us manage our own finances and second to run a successful business. Let's look at each of these concepts in turn.
Understanding Emotional Decision Making
Emotions like fear and greed play a huge role in determining what we spend our money on. Studies show that we tend to spend more than we should in times of financial crisis, like war or recession. We also spend more when we feel insecure or threatened. In addition, we tend to save less when we're happy. Saving is viewed as one of the worst things a person can do. People are taught from a young age to put off saving for a rainy day until the inevitable happens. The fact that this is bad advice means it's likely to stick around for decades. So when we're confronted with problems, we find ourselves having to borrow money. That makes sense when we think about it because borrowing money requires no commitment whereas saving does. If we've been saving, we might decide to stop. The idea of losing what we've saved seems worse than any potential threat. But in reality, threats are much easier to deal with than losses. So rather than avoiding debt because of possible loss, we should avoid it because of fear. The same applies to buying expensive items. When we think we'll lose money in the future, we tend to focus only on the cost of the item. Since we already spent the money, we assume we've now lost it forever. Instead of imagining the future, we should imagine the consequences of inaction. What would happen if we didn't buy something? Would we regret it for the rest of our lives? Most people agree that not owning a television set or car would probably not lead to misery. But would it really matter? It's hard to say but it's definitely worth considering.
There are many ways in which emotions affect our spending decisions. One is called regret aversion. Regret aversion occurs when we experience a feeling of negative emotion toward something after we've done it. This feeling is caused
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