In my first post about books that help you grow, I went over some of the books that I felt started me off on the path to self-improvement in a big way.
In my previous post, I mentioned I would be talking about books I read on my holiday, and on reviewing the list I realised that most of the books I picked up over my holiday were very short reads, so I am making this a post on short reads instead!
I’ll start with the ones I read on holiday since they are fresh in my mind.
This book teaches you the basic principles of managing your money through stories of people who became wealthy in simple ways. Most of the advice is things you will have probably heard before, such as spending less than you earn, but it’s delivered in a way that captures your attention and has you really appreciating the benefits of their approaches. While other books focus on the outcome and the process, they lack in the story and engagement, and that’s where this book really shines.
This one is more about the psychology of how we handle money, what we do with it that’s wrong and how we should be managing it instead.
It’s not difficult to come across advice to buy low and sell high, but this book shows convincingly that most people don’t do that and explains how to stay on track to not fall into the same trap.
The underlying idea I got from this book is if you want to invest your money in a smart way, your best bet is to find a financial adviser. The next smartest thing you can do after that is to ignore the stock markets or wherever your money is invested, because it will go up and down and lead you to want to make changes all the time, which is how you end up losing your investment.
It’s full of anecdotes and examples of money mistakes we make, demonstrating how easily we fall into money traps that reduce our wealth. This and the Richest Man in Babylon helped inspire me to focus more on how I manage my money.
I read this book last year in a couple of days although it’s short enough to finish in a few hours to tell the truth. It basically starts with the idea that if you do the biggest, scariest thing on your to do list each day, not only will you feel very accomplished but everything else after that will be easy by comparison.
There are many other tips combined into this book and it’s written in an entertaining way. I feel like this is one you can pick up every few months to give yourself a little boost and reminder, although I haven’t done that myself yet.
The basic lesson here is that we all feel fear about certain things and that’s okay. There are a lot of things that feel scary because we haven’t done it before and we don’t want to do it wrong, we worry about being wrong, losing something or just looking silly. In these circumstances, we should learn to embrace our fear, accept that we have it, and do the things we want to do or should do anyway.
This book really helps with a lot of little tips on overcoming your fear, one that I enjoy using is to consider how you would manage if your imagined fears came true. It’s not that hard to imagine overcoming the obstacles that may come up by taking a chance, and when you think it through logically, they aren’t quite as frightening.
That’s it for part 2, I hope that I’ve encouraged you to pick up at least one of these books and if you do only pick one up, I hope it’s the Richest Man in Babylon as it’s my favourite of the bunch!