What is the best way to learn about personal finance and investing? I know nothing and want to learn.?

I know nothing about personal finance. My parents never taught me and I need a complete introuduction to budgeting, saving, and investing. Step by step guidande kind of stuff. Does any have advice?

Good for you for asking this question!

I am going to suggest you start with just one book (and an alternate). Buy (or borrow from the library) The Wall Street Journal Guide to Understanding Personal Finance (4th edition). This is about the best book of its type that I have found.

As an alternate, consider Personal Finance for Dummies (4th ed). While I dislike the "Dummies" name, their books are usually pretty good, and not for Dummies at all.

Personally, I don’t think Suzie Orman is all that great.

Comments

  1. one hot mamma says:

    check out daveramsey.com he is great with finances and funny too
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  2. kurticus1024 says:

    Try motleyfool.com

    also Susie Orman or Johnathan Pond

    on tv sometimes

    read books, good luck

    I found out that when I had money in stocks, I wanted to learn about it more
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    opinion

  3. nquizzitiv says:

    Yes! Order the set of books by Suze Orman. She is great and will take you through the steps from A-Z. I also bought my daughter the book on personal finance for "dummies" – she needed it BAdddd. It talks about ways to save, setting up a budget etc.
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  4. Prakash says:

    Go to the site http://www.hot8sites.com/finance/

    It has great articles on finance including your quries.
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  5. muncie birder says:

    Go to your library and ask the librarian to recommend a couple of books on the subject. Investing for Dummies is a decent beginning book.
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  6. amanda says:

    http://www.investopedia.com
    finance.yahoo.com >>>> lots of really good articles on finance
    http://www.morningstar.com
    http://www.bankrate.com

    Also, most computer come equipped with Microsoft Money. It is a really good tool to keep track of your spending and keep a budget.

    Good luck.
    References :

  7. Richard says:

    Good for you for asking this question!

    I am going to suggest you start with just one book (and an alternate). Buy (or borrow from the library) The Wall Street Journal Guide to Understanding Personal Finance (4th edition). This is about the best book of its type that I have found.

    As an alternate, consider Personal Finance for Dummies (4th ed). While I dislike the "Dummies" name, their books are usually pretty good, and not for Dummies at all.

    Personally, I don’t think Suzie Orman is all that great.
    References :

  8. Hoa N says:

    Yes you could learn invest by yourself. it is your money, you should know how to do with it. for starter check this site out.

    http://www.pathtoinvesting.org/index_fla...
    http://www.stockcharts.com
    http://www.streettalklive.com section university. a lot amount of information. It will serve you well
    I accumulate in good amount in 401k at the young age.I could share with you. when consider invest in stock market. you should consider basic 3 things:

    fundamental analysis==(economic data,finincial health, management, business model, competetion)>>what to buy

    technical analysis==(chart+indicator)>> when to buy

    Sentiment/schycho analysis==>>mood of investor, Contrarian point of view.
    Market cycle===>> check out book Trader Almanac by jeff hirsch will give you inside stuff
    When you combine 3 thing, It is one of the powerful knowledge goinh with you for the rest of your live

    At the age of 32. my 401k is amassed 74,000.00 and 30000.00 in taxble account. by follow simple rule
    References :

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