What books do i read

[Andy Black]

I'm trying to gain financial literacy so that I can spend money better every day. You said in the millionaire fastlane that if I don't gain financial literacy then I will get scammed by financial predators.

Focus on earning more?

 

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[Olimac21]

What is your biggest challenge regarding money? Invesments, earning more, control irrational expenses? You can start from there and then see which book/topic fits your purpose.

 

[RobD88]

I can clearly see the lowercase I's and the fact that i didn't put periods where i needed to. But I'm used to my computer and writer app doing it for me. So yes that was carelessness. I'll do better now!

If you are being serious, try typing your posts out in Word or another word processor and then spell check/auto correct before copying and pasting into the post.

But are you being serious? You keep mentioning buying a car or house without being scammed and financial literacy. Those are two entirely different things. Are you wanting to buy a car or a house for personal or business purposes?

All I see are excuses as to why you cannot accomplish something and wanting the secret formula or book that will give you the answers. If you really read Fastlane you wouldn't be asking any of those questions.

You remind me of the example that MJ used where the fitness instructor came to the forum asking for help but turned down every idea because "it wouldn't work in her industry". Dude...GOOGLE is a powerful tool. If you are really after financial literacy use it. If you are wanting to start a business take action, make mistakes, learn from the mistakes, correct the mistakes, move forward.

 

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[Chitown]

To increase my financial literacy. If I have financial literacy then I can buy houses and cars without getting scammed

@shelton,

You don't need financial literacy as much as you need common sense. I am far from a financial genius but I know what I don't know. If I have an important financial question in front of me I search through my network and find the most qualified person among the group and reach out to them for help.

There are enough threads in this forum that can give you guidance about buying houses and cars without losing your shirt. As for books, forum member @J Scott has an excellent tome on real estate negotiation. Also, check out his real estate investment blog for tips, tactics and strategies that will help you understand purchasing invest assets.

I hope that helps and all the best.

PS - I do know this...most economists know jack shit about business. They can quote chapter and verse about economic cycles this and reversion to the mean that but in terms of helping you put cold hard greenbacks in your pockets, they couldn't tell you when to get in or out of an opportunity. The big dog Gold threads in this forum are the way to go if you need a great push in that direction.

 

[shelton]

Hi Shelton, whats your ultimate goal for reading these types of books? Have you started a business?

To increase my financial literacy. If I have financial literacy then I can buy houses and cars without getting scammed

 

[shelton]

I'm sorry I neglected to capitalize the "I" in my writing. It's supposed to do that for you. It is strange and no English is my first language

 

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[Fortune5ive]

Emerson...”Self-Reliance”. Multiple times.

 

[p0stscript]

I will add my favourite quote from Self-Reliance is:
"A foolish consistency is the hobgoblin of little minds, adored by little statesmen and philosophers and divines."

 

[shelton]

Build a business and make some money.

Managing 0 dollars will get you 0 dollars.



It's possible English is his 2nd language so I try to overlook such things.

I imagine if I tried to write Italian, I'd sound pretty horrific.

That means i should focus on getting a job first but no one will hire me. i have no college degree and no work experience. I'm familiar with coding but I'm not even a veteran yet. getting a job in new York is tough. I'm trying to do something until i can find a job that will allow me to profit.

 

[shelton]

Excuses. I’m from New York, too. Many businesses are always hiring. You’re not trying hard enough.

Get your priorities straight.

Step 1. Get a job. (Even McDonald’s is hiring, be humble.)

— if you’re having trouble finding work, go to Workforce 1.​

Step 2. Save up some checks. Then, buy stuff on Craigslist and flip. Repeat. Takes hustle but you got no choice.

Step 3. Reread the book. Then, get better at code. Offer your services through Fiverr or Upwork.

Step 4. Read the gold threads. Especially @Fox thread on how to sell websites.

ill try to get a job then but I'm confused about craigslist how do i use it

 

[shelton]

i wanted to talk to MJ DeMarco about my problems i like to listen to audio books but i want to move on from self help I just need to think about the books I've read. how do i contact him

 

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[Raoul Duke]

Thanks. How do i delete this thread

IMPORTANT! - Delete thread - please don't ask.

 

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[shelton]

Shelton... Kind of went through the same thing... I recommend reading the" The 10 pillars of wealth by Alex becker(sounds cliche right?)... Not exactly...A wonderful book and please it's not really one of those boring finance books that reminds you of your time in school..i can't say much... Just give a try.. It has really impacted my life.

Thanks for the advice

 

[shelton]

You are right I do suck at approaching people. In fact I don't think I even know how to do it right. I'm so naturally straightforward and right to the point that I never learned how to do a basic human approach. I'm sorry I just wanted to find a book to read while I try to find a job.

 

[lewj24]

Building Your Resume

 

[Argue]

I need to fix my resume I don't think I should write janitor on it. I'm not looking for it to be perfect just don't want it to look like sh*t. If it looks like sh*t then no one will hire me could you look at it

Sure, I'll take a look.

First, edit this section:

• Use punctuation.
• Avoid generalities.
• What does great hand skills mean? Remove it.
• Remove good speaker.
• Use spaces between commas.

Second, rewrite the experience section:

• Again, avoid generalities. Be specific.
• Instead, say: "able to sweep 5 rooms in 40 minutes".
  • (Don't say this please, I'm showing you specific versus generalities.)
• Don't say you worked in a group. What does this mean?

Third, check out these articles and videos:

1. 43 Resume Tips That Will Help You Get Hired

2.

View: https://youtu.be/529bck9aFRM


3.

View: https://youtu.be/VjdlraonW2s

4. Read @JAJT post here: Is it worth it to pay for someone to redo my resume? He absolutely nailed it on the head on what a resume should read like.

Good luck man.

 

[Dave Daily]

That means i should focus on getting a job first but no one will hire me. i have no college degree and no work experience. I'm familiar with coding but I'm not even a veteran yet. getting a job in new York is tough. I'm trying to do something until i can find a job that will allow me to profit.

Do you live near a MAKERSPACE? If not, start one. Or just go borrow tools from friends and make something. Start small. I know people who make earrings out of wood. At makerspaces, you can use 3D printers, laser cutters, robotic routers, and other cool machines to build stuff. Just look up "how to make X" on the internet and you'll find tons of plans. Start making the stuff that interests you and then make an Instagram page and give some stuff away to big names with lots of followers who would benefit from having the thing you made.

1. Research a thing you'd like to make.
2. Make it.
3. Give some of it away for free.
4. Talk about it in social media and give advice on the benefits.
5. Ask people to buy it every now and then.
6. If people don't buy it, start over at number one.
7. repeat 1 to 6.

LEARN. MAKE. EARN.

Check out this book: Jab, Jab, Jab, Right Hook by Gary Vaynerchuk.

 

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[LeoistheSun]

So much great info in this thread. Love it!

Read it twice, some of the info I needed to hear again.

25 % knowing exactly what we want

25 % belief " i really deserve to be rich " ( most people don't really believe this is possible )

25 % belief " i can become rich " ( learning the skills )

and only 25 % doing the technical stuff, action and so on !!

Reread The Millionaire Fastlane .

Financial literacy is important, but you're putting the chicken before the egg. You business acumen and ability to generate money needs to happen before you worry about how to best spend it. Assets are important... at a later stage. Right now you need to focus on being adept at creating value for others, solving problems.

If you're starting out "The millionaire fastlane " and "The ONE thing" is all you need.

Erase the phrase “I don’t know how” from your vocabulary.

Understand you can learn HOW and it is YOUR CHOICE. The little things MATTER.

Managing 0 dollars will get you 0 dollars.

tep 1. Get a job. (Even McDonald’s is hiring, be humble.)
— if you’re having trouble finding work, go to Workforce 1.
Step 2. Save up some checks. Then, buy stuff on Craigslist and flip. Repeat. Takes hustle but you got no choice.

Step 3. Reread the book. Then, get better at code. Offer your services through Fiverr or Upwork.

Step 4. Read the gold threads. Especially @Fox thread on how to sell websites.

Reading is pointless if you aren't spending the time to fully understand what it is that you are reading.

Google is more helpful to my life than any book I've ever read.

Managing 1$ million is not learnt by reading books but by mastering how to manage 1 dollar , and then 2 dollars, then 3, then 4, 5, 6, and so on.

While you're saving, build up your skill set, stack your skills, and become the best at what you do.

Keep finding ways to make more money per hour until you can work for yourself.

Stay the hell away from debt.

While you're doing all of that become a great listener. Ask everyone you meet about their problems.

Like MJ says process not events.

self belief is often overlooked as a key component to success in business.

 

[Woodsman81]

What will I learn from the one thing? Entrepreneurship or Finance or....?

 

[Restless8]

Great book. I even didn't read it yet.

 

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[shelton]

Sometimes the issue with the self-help books is they get you so amped up to start running that you forget how to walk first.

Reading is pointless if you aren't spending the time to fully understand what it is that you are reading. Every time you are curious about something, Google it and read. It doesn't have to be a book. Google is more helpful to my life than any book I've ever read. There are plenty of forums on personal finance and thousands of free and quick eBooks.

i was hoping someone would know exactly what books or exactly what I'm supposed to read but i guess i do have to search for information i need on my own

 

[shelton]

I can clearly see the lowercase I's and the fact that i didn't put periods where i needed to. But I'm used to my computer and writer app doing it for me. So yes that was carelessness.

 

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[shelton]

Before you work on financial literacy, you should go ahead and work on literacy.

Might I suggest this book: https://www.amazon.com/dp/B00C46AKKS/?tag=tff-amazonparser-20

It has GREAT mistake ridden reviews like: "Our child went from non verbal to talking over 50 words with the help of This!!"

I can clearly see the lowercase I's and the fact that i didn't put periods where i needed to. But I'm used to my computer and writer app doing it for me. So yes that was carelessness. I'll do better now!

 

[ADR]

To increase my financial literacy. If I have financial literacy then I can buy houses and cars without getting scammed

Correct but that is just part of it. Buying houses and cars are two very specialized trades. Which car are you going to buy (at a fair price) that will hold its value while making you money and maybe a return when you sell it. When is it the best time to obtain these assets? A bunch of other questions will arise.

A buddy Pejman knows the car and watch markets pretty well.

I recommend build a business thats adds value and solves a problem in a niche and then worry about what to do with the profits after. Thats where I'm at now (Intro Thread).

Let me know what you think.

 

[shelton]

Understand: Everyone here on this thread is attempting to help you, but you are the one that keeps not seeing things that way.

We could easily give you the false sense of helping you by suggesting to read this or that book, or that you should speak with Y person, but that won't make any difference unless you show that you are taking responsibility for the results you have in your life and that you are now willing to make things different.

You are not yet convinced that you want to do that because your actions don't show it.

Fortunately for you, we are not like most people that if you told them your situation they would just comply and show empathy and tell you how hard it is and how things are wrong, etc.

EVERYTHING starts with your intention of changing for better. And in order for that happen, YOU GOTTA WORK AND STOP GIVING JUSTIFICATIONS WHY THINGS ARE THE WAY THEY ARE.

We get it. It's though...
So, forget the past. Envision the future, and focus on the present.

We will be glad to see your progress.

You are right. I'm going to delete this thread now and I'm taking what you said with me.

Hey @shelton! Welcome to the forum. I'm new here too.

I see you're from Brooklyn. BK in da house. I lived in Queens for 11 years. Spent much time in BK. If I wasn't on a diet, I'd ask you to mail me some Junior's cheesecake.

My first suggestion to you is to take 100% responsibility for your life and your actions from this moment on.

If you don't have a job, then you should have plenty of time. Time is your most valuable asset. Now how are you going to leverage your time into money?

If there aren't any jobs in NYC, then you should start planning to move.

You don't have a degree. Great! I have three. They're overrated.

Do you have any marketable skills? Yes. How can you turn those skills into cash? How can you strengthen those skills? What other skills could you learn in order to strengthen those?

Do you have any marketable skills? No. Then how are you going to get them? The internet is free. Tons of free coding courses. The NYC public library system is the best in the world. Free books in physical, electronic, and audio forms.

While you're learning these skills, how are you going to make money? You can do unskilled labour. Fast-food joints, UPS, Starbucks, Costco, etc.

Here are some companies that offer benefits to part time workers: 10 Companies That Offer Health Insurance For Part-Time Workers

Don't want to work for a company? Cool. Got a car? Do Uber/Lyft. Got a bike? Become a courier.

No ride? Cool. Buy stuff at the Dollar Store or Goodwill and sell it on eBay/Amazon. Get a wagon and go to garage sales in the suburbs. Take the stuff there and sell it on eBay/Amazon.

Don't want to sell stuff. Cool. You say in your intro that you work as a janitor. That means you're good with your hands. Get on TaskRabbit. Get on Handy.

Sell some blood. Do whatever you have to do legally to make money. But, don't spend it all. Save up so that you can start your business. Save so that you can stop trading time for money.

While you're saving, build up your skill set, stack your skills, and become the best at what you do.

Keep finding ways to make more money per hour until you can work for yourself.

Stay the hell away from debt.

While you're doing all of that become a great listener. Ask everyone you meet about their problems. Ask your friends and family members. People love to talk, especially about themselves. Ask them about their pain points. While you're on the subway, keep your eyes and ears open. Look and listen for people struggling and suffering. While you're working, think of ways to make your job easier. Type all of your ideas, problems, and pain points into your phone. This is your list of opportunities.

The world is your oyster. You just gotta do the work. No one will do it for you.

 

[shelton]

Understand: Everyone here on this thread is attempting to help you, but you are the one that keeps not seeing things that way.

We could easily give you the false sense of helping you by suggesting to read this or that book, or that you should speak with Y person, but that won't make any difference unless you show that you are taking responsibility for the results you have in your life and that you are now willing to make things different.

You are not yet convinced that you want to do that because your actions don't show it.

Fortunately for you, we are not like most people that if you told them your situation they would just comply and show empathy and tell you how hard it is and how things are wrong, etc.

EVERYTHING starts with your intention of changing for better. And in order for that happen, YOU GOTTA WORK AND STOP GIVING JUSTIFICATIONS WHY THINGS ARE THE WAY THEY ARE.

We get it. It's though...
So, forget the past. Envision the future, and focus on the present.

We will be glad to see your progress.

] You are right. I'm going to delete this thread now and I'm taking what you said with me.

 

[shelton]

If you are being serious, try typing your posts out in Word or another word processor and then spell check/auto correct before copying and pasting into the post.

But are you being serious? You keep mentioning buying a car or house without being scammed and financial literacy. Those are two entirely different things. Are you wanting to buy a car or a house for personal or business purposes?

All I see are excuses as to why you cannot accomplish something and wanting the secret formula or book that will give you the answers. If you really read Fastlane you wouldn't be asking any of those questions.

You remind me of the example that MJ used where the fitness instructor came to the forum asking for help but turned down every idea because "it wouldn't work in her industry". Dude...GOOGLE is a powerful tool. If you are really after financial literacy use it. If you are wanting to start a business take action, make mistakes, learn from the mistakes, correct the mistakes, move forward.

] You are right. I'm going to delete this thread now and I'm taking what you said with me.

If you are being serious, try typing your posts out in Word or another word processor and then spell check/auto correct before copying and pasting into the post.

But are you being serious? You keep mentioning buying a car or house without being scammed and financial literacy. Those are two entirely different things. Are you wanting to buy a car or a house for personal or business purposes?

All I see are excuses as to why you cannot accomplish something and wanting the secret formula or book that will give you the answers. If you really read Fastlane you wouldn't be asking any of those questions.

You remind me of the example that MJ used where the fitness instructor came to the forum asking for help but turned down every idea because "it wouldn't work in her industry". Dude...GOOGLE is a powerful tool. If you are really after financial literacy use it. If you are wanting to start a business take action, make mistakes, learn from the mistakes, correct the mistakes, move forward.

Correct but that is just part of it. Buying houses and cars are two very specialized trades. Which car are you going to buy (at a fair price) that will hold its value while making you money and maybe a return when you sell it. When is it the best time to obtain these assets? A bunch of other questions will arise.

A buddy Pejman knows the car and watch markets pretty well.

I recommend build a business thats adds value and solves a problem in a niche and then worry about what to do with the profits after. Thats where I'm at now (Intro Thread).

Let me know what you think.

] You are right. I'm going to delete this thread now and I'm taking what you said with me.

 

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[shelton]

I can clearly see the lowercase I's and the fact that i didn't put periods where i needed to. But I'm used to my computer and writer app doing it for me. So yes that was carelessness. I'll do better now!

I can clearly see the lowercase I's and the fact that i didn't put periods where i needed to. But I'm used to my computer and writer app doing it for me. So yes that was carelessness.

Sometimes the issue with the self-help books is they get you so amped up to start running that you forget how to walk first.

Reading is pointless if you aren't spending the time to fully understand what it is that you are reading. Every time you are curious about something, Google it and read. It doesn't have to be a book. Google is more helpful to my life than any book I've ever read. There are plenty of forums on personal finance and thousands of free and quick eBooks.

Thanks. How do i delete this thread

 

[Ghera B]

i was hoping someone would know exactly what books or exactly what I'm supposed to read but i guess i do have to search for information i need on my own

Like MJ says process not events. It seems to me that you are looking for a few books that are going to open the road map. They won't. You need to get information and put it into action. You will get good information and you will get bad information. But you won't know which is which until you try it and see how it works. (I used to think the same thing, just point me to a book! But after reading the first half of Unscripted , I realize it is a process like anything else. Funny thing is, I know it exactly in the athletic world, haven't transferred it to the business world, but its the same. Process over events!)

 

[shelton]

Like MJ says process not events. It seems to me that you are looking for a few books that are going to open the road map. They won't. You need to get information and put it into action. You will get good information and you will get bad information. But you won't know which is which until you try it and see how it works. (I used to think the same thing, just point me to a book! But after reading the first half of Unscripted , I realize it is a process like anything else. Funny thing is, I know it exactly in the athletic world, haven't transferred it to the business world, but its the same. Process over events!)

I wanted to find a book that would help learn basic finance and economics terms that people use. I have no idea why and how they affect my life. But it seems like nobody wants me to learn these concepts until later in my life. I want to move out and not have to pay anyone to do my taxes or help me with my financial problems. I wanted to be prepared ahead of time. But I'll focus on my current problem instead.

 

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