Tuesday 14 October 2014

The 10 Financial Books i read in my initial days of career

Dear Friends

My passion for reading started in a strange way. I was never in the habit of reading books other than my Course content til i became Chartered Accountant. Even in my first job, i hardly read any book. Then when i changed my job, i had two colleagues in my new office who had the habit of reading books. Initially they used to give me their books to read. I used to take their books to my home, read them in next week or so and then return them back. Slowly i developed a liking for reading books. I must confess here that had they not offered me reading their books free of cost, i would never have developed this habit. At that time, i could hardly imagine that a miser like me will spend his hard earned money on something like books. But this is how i realised over a period of time that reading is something that makes me happy.

The first few books i read in my initial days were 
  • Seven Habits of Highly Effective People by Stephen R Covey
  • How to Win Friends and Influence People by Dale Carnegie
  • How to Stop Worrying and Start Living by Dale Carnegie
The first 10 Financial books i read in my initial days of Career were
  • Winning by Jack Welch with Suzy Welch
  • Straight from the Gut by Jack Welch
  • Rich Dad, Poor Dad by Robert Kiyosaki
  • Cash Flow Quadrant, Rich Dad's Guide to Financial Freedom by Robert Kiyosaki
  • Rich Dad's Guide to Investing: What the Rich Invest in That the Poor and Middle Class Do Not by Robert Kiyosaki
  • The Richest Man in Babylon by George Samuel Clason
  • Think and Grow Rich by Napoleon Hill
  • Business Maharajas by Gita Piramal
  • Iacocca an Autobiography by Lee Iacocca
  • The Warren Buffet Way by Robert G Hagstorm
Have a look at these books. And then at some other time, i will share with you, that though i love reading books, but what is it that i hate about myself after reading books

Regards

Anoop Gupta
          


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Thursday 9 October 2014

Why we need Financial literacy

Dear Friends

After completing schooling, most of us go for Professional Courses. Some may become Doctors, Engineers, I.T Professionals, Law Graduates, MBA, Chartered Accountants,Cost Accountants, IAS, IPS etc. After completing Professional courses, we get into jobs and start getting decent salaries. We are on top of the world having the first feel of money and we are ready to start our journey of fulfilling our dreams. Dreams that we had nurtured as a child for ourselves which we feel our parents could not fulfill for us, and now the time has come when we can achieve anything. At this point of time, very few of us give it a thought whether we are financially literate. We may have all the big Professional degrees, we may be getting the best of Salaries in this world, but my question is, has any of the Educational Institutions given you Financial literacy. While most of us may think that of course they are financially literate, but i am afraid, actually its not true.
       Through this blog, slowly we will start realizing that actually we need to learn a lot of things before we start our journey of Financial Literacy. There is nothing like Rocket Science in this, its just Simple Common Sense. Something which is so Simple, but somehow we never give it a thought. Concepts that are available in best of Books available in market but then the question is, how many of us actually have the time to read those books. Some of us may not be knowing which are these books. And for those who have read those books, how many of you have actually understood and implemented the Concepts in your day to day life. So lets all start our journey of being Financially literate by helping each other through this blog.

Regards

Anoop Gupta 

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Inspiration: October 2014

Inspiration