Financial Tag... You're it!
Tagging a site has been around for a while. What a fun game!
I thought I should start a financial tag game.
I thought it would be interesting to find out these questions:
What are your favorite financial magazines, books, or websites?!!
To answer the question myself,
I've read alot of books over the years. I like books that talk about the fundamentals of personal finance.
- Richest man in Babylon - by George S. Clason
I read this book many years ago, but the impression that still remains is to be patient with your money and pay yourself regularly. Most importantly, make your money make you more money.
Patient means, don't let money burn a hole in your pocket all the time... Save for a rainy day. Save financial reserves to keep yourself out of trouble.
Make your money make you money means get a return on investment from your money. Compounding interest. Of course in order to do this, you need to have your financial situation in control.
- My Micro Economics text book from Red River Community college!
I reviewed this book the other day. It talks about Supply and Demand. I thoroughly at that book up in college and it gave me a better understanding of how business works, pricing with regards to supply and demand.
- Fortune Magazine, Entrepreneur, Forbes
I don't get magazines very often as I spend far too much time on the internet. However, when I'm on a plane I'll pick up a Fortune magazine, Entrepreneur magazine or Forbes and inhale them cover to cover.
These magazines are like candy. They're sweet and easy to read.
- http://money.cnn.com
This is a site that I'll visit each day to keep up to date with news and financial events. This site has enough info on it to keep a person busy reading for days!
- The Millionaire Mind book series.
I think I've got the whole series of this book, including the CD or cassette.
I was completely intrigued to read about how millionaires actually live and how they actually make their money.
Most millionaires surveyed in these books didn't drive the big fancy cars, or live in big fancy houses. They're down to earth, practice the fundaments of money management, and build their wealth.
To dispel myths of how the rich really live, these are great books!
So with that, I'll start Financial Tag by tagging the following bloggers:
| BigCajunMan, | Investing Intelligently | Canadian Capitalist |
| Free Money Finance | Everyone Loves Your Money |
UPDATE: April 27, 2007
I got an email back from FreeMoneyFinance.com who declined to participate in this match of Financial Tag. Here's what he had to say:
Monty --
I got your tag and didn't want you to think I was blowing you off, but I'm going to pass on the offer. After 4 or 5 of the "tell us more about yourself" posts, I'm kind of burned out on them.
For reference, though, here's a list of my favorite books:
http://www.freemoneyfinance.com/2006/03/my_list_of_must.html
And here's a bit more about me that you may have missed:
http://www.freemoneyfinance.com/2006/12/five_things_you.html
Cheers!
FMF
I can see FMF's point.. He is probably bombarded by requests all the time for these blog events. I really appreciate FMF getting back to me.
Coincidentally, FMF and I have two favorite books in common.. The Millionaire Next Door , and The Richest Man in Babylon. Great minds think alike.!
