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:

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

Wheel of Fragrance

Its Summer time, perfume is an essential EDC but don’t judge the book by its cover. You don’t wear the bottle of perfume or the fancy packaging. What you wear is, The Fragrance. In a brief survey, I found that while buying fragrances most consumers’ decision is based on very crude/basic rationale e.g. long-lasting, discount, affiliation with loved-ones, religious beliefs, word of mouth, ads etc. They are almost unaware of sense the Notes and Ingredients that form a fragrance. Michael Edwards, creator of The Fragrance Wheel, has made fragrance selection an exciting journey instead of difficult chore. It holds the key to your fragrance likes and dislikes. It have four clusters and every cluster has relationship between the 14 different families. Floral Notes: You smell like a bouquet of Rose, Jasmine and/or other flower/s you are wearing a scent from  Floral Family . Soft Floral Family’s  fragrances contains nostalgic scents that are soft, powdery, sweet, and creamy. Amber, Oran...
Post a Comment
Read more