Are you someone who has just begun their journey towards managing personal finance? It’s common to feel overwhelmed at the thought of managing finances, especially if you’re new to it. However, fret not! There are numerous resources available to help beginners get a grip on personal finance. In this article, we’ve curated a list of the top 5 resources for personal finance for ‘dummies’ beginners.
1) Personal Finance Books
Books are an excellent way to get started with personal finance. There are numerous beginner-friendly books that cover the basics of personal finance, including budgeting, saving, investing, and managing debt. Some of the widely popular titles include The Total Money Makeover by Dave Ramsey, Rich Dad Poor Dad by Robert Kiyosaki, and The Millionaire Next Door by Thomas J. Stanley and William D. Danko.
2) Podcasts
If you’re someone who’s always on the go, podcasts are an excellent resource to consume personal finance information. There are numerous finance podcasts that cater to beginners, covering various topics such as saving, budgeting, and investing. Some of the widely popular podcasts include The Dave Ramsey Show, The Money Guy Show, and So Money.
3) Online Courses
If you’re someone who prefers a structured learning experience, online courses may be the perfect fit for you. Numerous websites offer affordable online courses on personal finance topics such as budgeting, managing debt, and investing. Websites such as Udemy and Coursera offer online courses in partnership with some of the world’s best universities.
4) Personal Finance Blogs
Blogs are an excellent resource to receive personal finance information in bite-sized pieces. There are numerous personal finance blogs that cater to beginner audiences, covering topics such as saving, managing debt, and investing. Some of the widely popular personal finance blogs include The Simple Dollar, Mr. Money Mustache, and Money Crashers.
5) Financial Advisors
If you’re someone who requires a personalized approach to managing your finances, a financial advisor may be an excellent resource for you. Financial advisors can help you develop a personalized financial plan tailored to your unique goals and financial situation. It’s essential to do your research and select a financial advisor who is a fiduciary, who will act in your best interests.
In conclusion, managing personal finance may seem overwhelming at first, but with the right resources and guidance, it can be a completely achievable task. Utilizing the resources listed in this article can provide you with a foundation to get started on your journey towards financial literacy.
