One of my earliest SavvyRecommendations was the book, The Millionaire Next Door. I noted then that it was one of the first books I read when I started on my own road to financial freedom. In the book, the authors Thomas J. Stanley and William D. Danko summarize findings from their research into the key characteristics that explain how individuals became wealthy, defined as those with a net worth of at least $1 million.
Years later I distinctly still remember the impression the book left on me; how motivated I was after reading how anyone can become wealthy, provided they are disciplined in their approach and determined to persist in their efforts. One of the easiest and most dynamic ways to improve your financial literacy is to read. Simply read more. There are limitless sources of finance related websites, blogs, and books, such as those highlighted in the infographic.
“The things I want to know are in books; my best friend is the man who’ll get me a book I ain’t read.”
– Abraham Lincoln
IMAGE PROVIDED COURTESY OF PERSONALINCOME.ORG