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RelaxedWithHumor t1_j5gi178 wrote

Reply to comment by runningbree in LPT Request: turning 16 this year, what is something i should/shouldn’t do? by yelloroadintheusa

How do I become financially literate?

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runningbree t1_j5gjuyb wrote

I think the process is a little different for everybody depending on what you already understand or want to learn about finance.

For me, it started in high school learning about how credit and credit cards worked, and saving money. Now as I'm later into my 20s it's learning about stocks, and how to utilize my retirement savings, and navigating the process of becoming a first time home buyer, or learning how to start a business.

I like to read, so aside from Google research, one of the 1st finance type books I started with was "Rich Dad, Poor Dad". A few people have recommended Dave Ramsey books too so I may start on one of his books soon. There are tons of YouTubers out there as well.

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RelaxedWithHumor t1_j5gk8b8 wrote

>one of the 1st finance type books I started with was "Rich Dad, Poor Dad".

Same here. I ordered another Rich Dad, Poor Dad book called "Rich Dad's Increase Your Financial IQ"

Looks like I'll need to re-read the original RDPD book after I finish this one.

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