Learning Resources
One Page Financial Plan
A practical guide to simplifying money decisions by boiling your financial life down to what really matters. Carl Richards shows how to align your spending and saving with your values, without getting lost in spreadsheets.
If you are starting off on your learning journey, and there is one book you will read - this is it. Bonus - great illustrations too!
Simple Path to Wealth
A straightforward roadmap to financial independence through index investing. Collins emphasizes freedom, frugality, and the power of simplicity in wealth building.
Engagingly written from the perspective of letters from a father to his daughter. At the time, his daughter was not ready to hear advice on money and investing. So guess we all benefitted! The author shares actionable and specific recommendations on investments based on life stages. Highly recommend.
Quit Like a Millionaire
How to achieve financial independence and retire early, regardless of income level. Kristy and Bryce retired at 31, starting from ordinary beginnings. They share strategies on mindset, frugality, and smart investing.
This book has great explanations on renting vs buying, how tax savings instruments work in Canada and the US, and strategies like geographical leverage. Kristy offers practical advice on choosing a career based on marrying interest, skills and expected income - very helpful for young adults.
The Algebra of Wealth
Prof. G. breaks down wealth-building into four key variables: focus, stoicism, time, and diversification. Focus - for finding your talent and honing skills. Stoicism to take market ups and downs in one's stride. The effects of time and compounding on investments and on the flip side, on debts. And the value of diversifaction , for de-risking. With humor and candor, he highlights how mindset and life choices matter as much as money mechanics.
This book has an overview of key personal finance concepts written in Prof. G.'s inimitable style - simple and authentic. He shares how his own childhood and early experiences shaped him, and his insights into the careers he knows well. A great book for all ages, but especially so for young adults.
Stop Overthinking Your Money
A guide to setting solid foundations for your financial life without stress. Preet offers a simple five-step plan for financial success. Too many people worry about optimizing investments without having basic foundations in place. Just knowing these foundations will put one ahead of most.
The takeaway is that financial wellness does not need overthinking. He emphasizes prioritization of action items like protecting life and health, paying off high interest debt and saving. Though the book has references to Canadian finances, the concepts are universal.
Reboot Your Portfolio
Strategies for building and maintaining an efficient investment portfolio with a simple, low fee strategy with ETFs. Dan displels common myths about investing, that one needs to beat market returns or have specialized skills in order to achieve one's goals.
Though this is written with a Canadian reader in mind, it offers practical information on investment portfolios and diversifaction strategies, that can be applied universally. Great step by step explanations on investing via ETFs. If you're looking for specific and actionable guidance on how to diversify and optimize your portfolio - you will find it here.
Die With Zero
A thought-provoking take on balancing saving with living fully. Bill argues for using your money to maximize life experiences, memories, and meaning—rather than accumulating endlessly.
This is a unique book on life and money, one that made me think deeply about what I would like my life in the coming decades to look like. Bill encourages us to plan for gifts to children and charitable donations while we are alive, so that we can see the impact of our giving. And to spend on experinces that we value, at appropriate times, not taking our health and relationships for granted.