Skip to main content

My Summer Reads



The current economic turmoil, political instability, judicial uncertainty, and military repositioning has influenced my bookshelf of the summer too much. My summer reading list compromises money management books.

 

1. The Psychology of Money: The Psychology of Money by Morgan Housel. It is one of the finest books on understanding money and its management or we can say the relationship between Money and Human Behavior.

The premise of the book is that we think of earning money as rational and logical but we spend money based on emotions and psychology. It consists of independent chapters on money, saving, investment, and spending. It can be read interdependently if you need recommendations on some specific targets.



 

2. Intelligent Investor: Intelligent Investor is written by Benjamin Graham. First published in 1949 and revised in 1972. It is a comprehensive and classic guide to investing but if you are interested in understanding classic strategies on the share market or money market.

However, the downside of this is that all the examples of US stock and money market. So, relating it to Pakistani current. My one key away from this is to have a paycheck-to-paycheck investment. And I have used this strategy for long-term horizons i.e., my retirement.




 

3. Rich Dad Poor Dad: Rich Dad and Poor Dad is Robert’s Kiyosaki story of growing up with two dads. These dads shaped his thoughts about money and investing. 

It’s one of the most fundamental books to understand investment.  With its captivating and relatable storytelling author has bifurcated the investment, saving, and diversification of investment. It motivates you to start getting into that rich mode. It can be followed by some of us other books of the Rich Dad Poor Dad series but this is an all-time classic for personal financial management.






Disclaimer: This blog is not valid for court. This blog is for infotainment purpose & my passion to share. No direct financial assistance is sought from this blog. I am sharing my experiences and learning. Your contribution will be highly appreciated.

Labels

Labels:

Comments

  1. Abid IqbalJuly 2, 2023 at 12:55 PM

    Great... Also write about how to make the situation easy snd favorable

    ReplyDelete

Post a Comment

Popular posts from this blog

From Gully to Indoor Cricket

     After the advent of T20 cricket,fans have switched their loyalty to shorter,action packed format of cricket and I believe that indoor cricket will also get popular with the passage of time. Indoor cricket is set to be introduced in Pakistan as "Gally Cricket" several tournament of this format has been be played in indoor cricket arena under lights. Google Images: Indoor Stadium Your rules, techniques and playing arena is what we expect from Gally Cricketbut for fairplay World Indoor Cricket Association has developed some rules. Google Images: Pitch of Indoor Cricket Indoor Cricket is played usually in a warehouse. The size of indoor cricket court is 30 meters x 10 meters with nets surrounding the court. The ground is concert with astro turf on top. The cricket pitch is the same length as normal cricket. We don't use a real cricket ball, we use a tennis ball with a cricket ball casing. Indoor cricket has the same basic rules as norma...
Post a Comment
Read more

Salute Le Femme

We received an invitation card of a relative's wedding ceremony.  My teenage cousin was reading and asked from my mother. "Aunty isn't this Salman Bhai's ( named changed for privacy ) second marriage?" "Yes! Dear" My mother replied while washing utensils. I was playing Sukodo on my mobile & was not interested in this conversation. Suddenly my cousin turns towards me & asked," Saddam Bhai! Answer a question of mine." Google I replied while pausing the game "Yes Sweety Ask!" She said, " Bhai! Islam is a very logical religion, Isn't it?" "Yes, Of course!", I replied while exiting the game as I have completed the level & was not interested in continuing next level. "Then What is the logic behind giving permission for four marriages to man?" I did not know a concrete answer but to like giving her reply, I answered, "Dear! Some medical researches has shown that men...
1 comment
Read more

06 Reasons to Create a Vision Board

Ever wonder why you were told by your Art teacher to maintain a Scrap Book? Because she wants to make a vision board in future. If you think this is a bogus argument, then the joke is on you. Google Images A vision board is a collage of images, pictures, and affirmations of your dreams, goals, and things that make you happy. It can also be called a dream board, treasure map, or vision map. Creating a vision board can be a useful tool to help you conceptualize your goals and can serve as a source of motivation as you work towards achieving your dreams. -Wikipedia  Scrap-booking  helps preserving personal and family history in the form of a  scrapbook . While as vision board helps clarify, concentrate and maintain focus on a specific life goal.   The following reasons will make you run to nearest art shop to pay tribute to your art teacher who provide you the method of vision board to make your life larger. 1. Vision Board identifies you...
1 comment
Read more