6 Best Personal Finance Resources ft. Ryan Scribner

0:02
This is the digital nomad quest podcast with Sharon Tseung. teaching people how to build passive income, become financially free and design the best lives. For beginners who might want to get into this personal finance space or like investing space, what do you recommend for them to study?

0:23
Yeah, definitely. So like some pivotal books for me, of course, Rich Dad, Poor Dad, Robert Kiyosaki, that was like the first book, I remember I was at a bit of a slump, and a friend of mine, like he literally just like bought that book for me and gave it to me and he was like, you need to read this book. Like, I’m giving you two weeks read this thing. And I was like, so cynical about it. I’m like, What am I going to learn from this stupid book? Well, like I read it, and then as soon as I read it, I was like, man, it like opened up my mind entirely to like these new ideas of how to make money. So Rich Dad, Poor Dad, that’s like number one on my list. I think thinking Grow Rich was good too. That’s more like mindset. I feel like these are all the books be People like these are the ones that really do make a difference early on. I also liked this book called click millionaires. I don’t remember who the author was. But it’s all these different stories about people who became millionaires on the internet. And I remember reading that book because I was like, seeing example, after example of people who became millionaires on the internet, and it made me realize how possible it was. So it kind of like exposed me to new ideas. So those are three good resources. And then obviously, my channel and my blog if you want to learn some finance stuff, but as far as like the affiliate marketing and everything, like honestly, I would just like, do some research on YouTube. Like, I have some videos about Amazon Associates, there’s tons of free resources about it. Don’t overthink it, like you don’t have to plan all this stuff. Like you can honestly put together a couple of reviews of products that you’ve already bought, sign up for the Amazon Associates program, which is really easy to get into and just start seeing if you can, you know, get some conversions, but I think a lot of people just overthink it or they think into analysis paralysis. And it’s like, literally just like start, you know, see how it goes. Like, I know, for example, one of the things that I purchased recently or about a year ago was like a Dyson vacuum cleaner. And like that was a pretty big purchase, because those are like two to 300 bucks for the, like entry level ones. And I was doing like research on YouTube of these different Dyson vacuum cleaners. And like, I couldn’t really find a good video review of it. And I was just like, man, somebody who made this video would like make a killing because like, if I found a really good review, I would like totally use their link and buy it on Amazon. So like, there’s things that you’ve purchased, were like your advice would be helpful to somebody so it’s like just start sharing that advice and you’ll maybe start making some passive income in the process.

2:45
I think so rich dad poor dad Think and Grow Rich. They’re kind of like mindset, maybe like kind of personal finance books. What about like investing so if you want to go even granular like more granular and like, how to which brokerages like and what like Everything from you know, if you’re just starting out like, Yeah, what would you recommend for that?

3:05
There’s a couple books I would recommend money master the game by Tony Robbins. That’s a really long book though, and he made a shorter version of that called unshakeable. I’ve read both you can honestly stick to unshakable, that’s, that kind of talks about like the hidden costs of 401k is and mutual funds and kind of what’s going on behind the scenes. Another book I like is it’s just called stock market for Dummies. And I think that’s by Paul Novick, but that like I used to be kind of biased towards those for dummies books because I was like, are you know, are these actually good, but that one is actually really good that had a lot of great information. And then the third one, I would say the Intelligent Investor by Benjamin Graham, I mean, that’s a classic book and it’s pretty link. So okay, maybe even reading like the the sparknotes of that book for like the footnotes, but the principles he talks about are really good. So I would say those are three good books. terms of like getting into investing.

4:02
So I hope you guys enjoyed this episode, please make sure to rate review and subscribe. It really helps our podcast grow. And thanks again. I’ll see you guys in the next one

Transcribed by https://otter.ai