Whether you’re just out of college or you’re already a few years into your career, your future success depends largely on how you manage your money and plan for your future.
The best finance books, magazines, and blogs provide valuable tips and action plans that can help you reach your goals.
The 4 best finance books for your money
Now that you’re done with school, you may want to stick with fiction for a while. But when you’re ready, add these best finance books to your reading queue.
1. The Total Money Makeover
If you’re the kind of person that wants a plan you can stick to, you’ll want to read Dave Ramsey’s “The Total Money Makeover: A Proven Plan for Financial Fitness.”
Ramsey’s ideas about money may not be convenient to some. But according to him, that’s the point. The source of your money problems isn’t your income or your debt — it’s you.
Ramsey lives by the mantra, “If you will live like no one else, later you can live like no one else.”
His book includes intense systems to keep you and your money working for you rather than against you.
For example, the envelope system requires that you split up your budgeted cash each month into individual envelopes for each category. You can move cash between envelopes if you want, but once the money is gone, you don’t dip back into your checking account for more.
2. Get a Financial Life
If it’s a comprehensive overview of what’s about to face you that you want, pick up Beth Kobliner’s “Get a Financial Life: Personal Finance in Your Twenties and Thirties.”
Kobliner digs past the surface on several personal finance topics, applying them to readers regardless of their annual income. Armed with the information in this book, you’ll know more about how to manage money than most people your age.
3. Pound Foolish
If you have a little bit of a contrarian attitude toward life, you’ll want to read Helaine Olen’s “Pound Foolish: Exposing the Dark Side of the Personal Finance Industry.”
In the book, Olen explores the reality that personal finance isn’t always clear cut. She calls out pieces of advice – and the experts who propagate them – that can do more harm to your financial future than good. She discusses myths, contradictions, and outright lies that may be holding you back.
4. Give Yourself a Raise
The path to financial freedom isn’t always easy. But there are specific steps you can take to make the journey more enjoyable. Gordon Bennett Bleil’s book helps you come up with a strategy you can implement that will help you have more money and less stress.
“Give Yourself a Raise: How to Have More Money, Less Stress, Financial Freedom” will teach you the basics of money management, creating your first budget, asking for and negotiating a raise, and much more.
3 financial magazines that are worth the subscription
Getting financial trends and advice delivered to your doorstep each month can provide you with ongoing support in your journey to financial independence. Here are the top three financial magazines to read.
5. Kiplinger’s Personal Finance
Kiplinger’s Personal Finance magazine is full of practical advice for young adults. You’ll learn the basics of investing, budgeting, mortgages, saving money, and insurance with a new theme every month.
If you want more details or weekly updates on specific topics, you can also subscribe to separate Kiplinger publications, including:
- The Kiplinger Letter
- The Kiplinger Tax Letter
- Kiplinger’s Investing for Income
- Kiplinger’s Retirement Report
Money magazine covers a wide variety of financial topics. It also showcases personal stories of families and individuals who deal with real-life money issues just like you.
Money is a great resource if you’re interested in saving for retirement, paying off debt, or becoming a knowledgeable investor.
Entrepreneur magazine doesn’t cover financial advice in depth like Kiplinger or Money. But it does feature information to help you develop in your career and market your skills.
If you’re interested in starting a business or working for a startup, the magazine showcases business stories and ideas. It also highlights startups that are making waves in their respective industry.
Read these 3 financial blogs to get ongoing advice
If you need something to read during your commute or downtime at work, consider bookmarking these financial blogs.
The best way to learn something is from someone who speaks your language. Erin Lowry has emerged as a leading financial expert in the matters of millennial money.
Her blog, BrokeMillennial.com, discusses personal finance topics in a way that’s relatable to new grads and young professionals.
Stephanie O’Connell is the author of “The Broke and Beautiful Life.” Her inspiring story includes learning how to survive on only $225 a week while living in New York City. Later, she learned how to turn a hobby into multiple income streams.
With her blog, O’Connell educates other millennials about how they can overcome their own financial obstacles.
When Kyle Taylor first started ThePennyHoarder.com, he was paying off more than $50,000 worth of student loans and credit card debt. Seven years later, his blog teaches millions of people every month unique ways make and save money.
If you’re looking for a blog that’s easy to read and straight to the point, this one is for you.
Take what you need and leave the rest
As you’re sorting out your financial life after college, each of these books, magazines, and blogs is an excellent resource. Avoid overwhelming yourself, though. Choose one or two to start, and don’t force yourself to keep reading something that doesn’t align with your goals.
Over time, you’ll learn what works for you and what doesn’t. You can also add other resources to your list as you go. The important thing is that you’re aware that you have tools and resources available to help you overcome difficulties and to reach your goals.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Variable APR||Eligible Degrees|
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1 Important Disclosures for Earnest.
To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.
Earnest fixed rate loan rates range from 3.89% APR (with Auto Pay) to 7.89% APR (with Auto Pay). Variable rate loan rates range from 2.47% APR (with Auto Pay) to 6.97% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of Month/Day/Year, and are subject to change based on market conditions and borrower eligibility.
Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.
The information provided on this page is updated as of 08/21/18. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at firstname.lastname@example.org, or call 888-601-2801 for more information on ourstudent loan refinance product.
© 2018 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.
2 Important Disclosures for Laurel Road.
Laurel Road Disclosures
APR stands for “Annual Percentage Rate.” Rates listed include a 0.25% EFT discount, for automatic payments made from a checking or savings account. Interest rates as of 11/8/2018. Rates subject to change.
Variable rate options consist of a range from 3.27% per year to 6.09% per year for a 5-year term, 4.64% per year to 6.14% per year for a 7-year term, 4.69% per year to 6.19% per year for a 10-year term, 4.94% per year to 6.44% per year for a 15-year term, or 5.19% per year to 6.69% per year for a 20-year term, with no origination fees. APR is subject to increase after consummation. The variable interest rate will change on the first day of every month (“Change Date”) if the Current Index changes. The variable interest rates are based on a Current Index, which is the 1-month London Interbank Offered Rate (LIBOR) (currency in US dollars), as published on The Wall Street Journal’s website. The variable interest rates and Annual Percentage Rate (APR) will increase or decrease when the 1-month LIBOR index changes. The variable interest rates are calculated by adding a margin ranging from 0.98% to 3.80% for the 5-year term loan, 2.35% to 3.85% for the 7-year term loan, 2.40% to 3.90% for the 10-year term loan, 2.65% to 4.15% for the 15-year term loan, and 2.90% to 4.40% for the 20-year term loan, respectively, to the 1-month LIBOR index published on the 25th day of each month immediately preceding each “Change Date,” as defined above, rounded to two decimal places, with no origination fees. If the 25th day of the month is not a business day or is a US federal holiday, the reference date will be the most recent date preceding the 25th day of the month that is a business day. The monthly payment for a sample $10,000 loan at a range of 3.27% per year to 6.09% per year for a 5-year term would be from $180.89 to $193.75. The monthly payment for a sample $10,000 loan at a range of 4.64% per year to 6.14% per year for a 7-year term would be from $139.65 to $146.76. The monthly payment for a sample $10,000 loan at a range of 4.69% per year to 6.19% per year for a 10-year term would be from $104.56 to $111.98. The monthly payment for a sample $10,000 loan at a range of 4.94% per year to 6.44% per year for a 15-year term would be from $78.77 to $86.78. The monthly payment for a sample $10,000 loan at a range of 5.19% per year to 6.69% per year for a 20-year term would be from $67.05 to $75.68.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
3 Important Disclosures for SoFi.
4 Important Disclosures for LendKey.
Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
5 Important Disclosures for CommonBond.
Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
All Annual Percentage Rates (APRs) displayed assume borrowers enroll in auto pay and account for the 0.25% reduction in interest rate. All variable rates are based on a 1-month LIBOR assumption of 2.28% effective October 10, 2018.
6 Important Disclosures for Citizens Bank.
Citizens Bank Disclosures
|2.47% – 6.99%3||Undergrad & Graduate|
|2.57% – 6.97%1||Undergrad & Graduate|
|2.51% – 8.09%4||Undergrad & Graduate|
|3.02% – 6.44%2||Undergrad & Graduate|
|2.50% – 7.24%5||Undergrad & Graduate|
|2.79% – 8.39%6||Undergrad & Graduate|