I’ve recently taken an interest in investment. I listened to the audiobook Rich Dad, Poor Dad on YouTube during my commute to work and the commute from Menifee to the Valley, and it has change the way I view money.
The book explained the importance of understanding personal finance and taking the necessary precautions to establish good financial health. He explained that the subject of finance should be studied to achieve financial independence, the same the way a basketball player would study the several facets of the game to increase their basketball IQ. While the book didn’t teach exactly how to invest, it taught the core concept that separates the rich from the poor—what to study and where to spend my time.
In short, the book teaches people to pursue financial literacy. Through financial literacy comes financial wealth—and with wealth comes independence.
Signs from the Universe
Yesterday, I drove to the Barnes & Nobles in Woodlands. I walked through the front doors and greeted the security guard, nodding and smiling. I ordered a bottle of Fiji water from the Barnes & Noble Café before walking to the business section. I began to peruse through several titles involving finance. I picked up a book that intrigued me—I forget the name, and I should have picked that up as well, but I’m getting ahead of myself.
I picked up A Random Walk Down Wall Street and piled it on top of the other, then flipped it over to read the back cover.
“The yellow one is good,” a man says, walking up to me. He grabs a few books off the business shelf. “This one and this one are good too. There’s another book by John Bogle that’s really good, but I can’t seem to find it. The cover has a picture of him as a bobble-head. Those are really great.”
“Thank you,” I say, staring at the cover of The Intelligent Investor. The book’s thickness, the title, and the look in the man’s face influenced me to think the book is highly acclaimed. “I just started taking steps towards learning about finance.”
“That’s good,” he says, nodding with a slight grin. He looked at me the way a proud father would look at his son after hitting the game-winning homerun.
I shook the man’s hand and thanked him before leaving.
Investing Time and Money
I paid $45 for a pair of books that could be worth $1 million.
I want to live a life free from thinking about where I’ll be getting a paycheck. I want the freedom to write a book or travel the world or pursue a life of good health, or all of that—instead of worrying about how I’ll be paying rent. I want to do whatever I want, and financial security is the answer to that.
I rushed home, excited to dive into The Millionaire Next Door.
I plan to finish the book sometime this week. I treat my books the way I treated my assignments in school, so I plan to accomplish a certain amount of chapters by the end of the week, and assign myself 500-word essays about the topic I just studied.
While I’m just beginning to think about my financial health, it’s really the best time to start investing since I still live with my parents rent-free and I’m making a decent amount to have spare money to invest while still putting away additional money for the rainy season and spending money to enjoy my life.
Planning to invest my time learning about money could be worth a fortune. Let’s hope.