Replying to Avatar Mot₿C Podcast

I think learning the basics of budgeting and the basics of personal finance is very important.

Early Retirement Extreme is a fantastic book that explores this from a first principles approach. Though its written by an engineer and very dry/practical oriented (not an exciting read).

The book Rich Dad Poor Dad, is a more reader friendly initial introduction to the concept of business ownership/personal finances.
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Dan 6d ago

Great recommendation. Thank you.

Haven't read the first book and will need to look into it. Might be a little early for them to read Kiyosaki. But not too far off.

I sort of started them on budgeting by keeping a hand written ledger. I give them allowance for completing their chores (also a written tracker).

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