The Only 3 Books You Need to Master Your Money

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  • Опубліковано 17 чер 2024
  • You don't need to read dozens of books to master your money. In fact, you can learn everything you need to have a sound relationship with money and to start building wealth with just these three books:
    Retire Before Mom and Dad: amzn.to/40yujBD
    Your Money or Your Life: amzn.to/46c6b9c
    The Bogleheads' Guide to Investing: amzn.to/476ik0O
    -------------------------------------------------------------------------------------------------
    The Dough Roller Money Podcast is a finance podcast for easy-to-understand advice on managing your money. How to make it, give it, save it, spend it, and invest it in a way that puts you in control of your money and makes it work for you. This fun, relatable and honest podcast shoots straight and helps people understand the big picture as well as the nuances of owning your finances. From retirement planning, best practices for saving, paying off debt, smart investing and so much more. You don’t have to be a financial expert to listen, but you can become one!
    Make sure you SUBSCRIBE so you won't miss any of our upcoming episodes!
    ➡️ bit.ly/DoughRollerUA-cam
    #personalfinance
    #books
    #robberger
    DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. Your investment and other financial decisions are solely your responsibility. It is imperative that you conduct your own research and seek professional advice as necessary. I am merely sharing my opinions.
    AFFILIATE DISCLOSURE: Some of the links on this channel are affiliate links, meaning I earn a commission if you click through and make a purchase and/or subscribe. However, I only recommend products or services that (1) I believe in and (2) would recommend to my own mom.

КОМЕНТАРІ • 49

  • @Chris_Heather_livingbestlife
    @Chris_Heather_livingbestlife 7 місяців тому +32

    Simple Path to Wealth

    • @srconrad
      @srconrad 7 місяців тому +3

      If I can only pick one, that’s the one.

    • @malaybasu961
      @malaybasu961 7 місяців тому +1

      It’s truly the best book in personal finance.The only other book that comes close second is “Just keep buying”. The book goes against the trend and gives some really valuable lessons that might surprise you.

    • @jshoe2490
      @jshoe2490 7 місяців тому

      Love this book. I've bought and given away multiple copies to young relatives just starting out in investing.

  • @randymillhouse791
    @randymillhouse791 7 місяців тому +5

    ROBBER: "Your money or your life!"
    VICTIM: "Take my life, I'm saving my money for old age."

  • @barbarapower1929
    @barbarapower1929 7 місяців тому +2

    Great book recommendations and advice. There are hundreds of financial books out there and it is just too hard to know which books can be of the most value. So, this brief review is worth its weight ! Sincere thanks to Rob Berger.

  • @grigorirasputin425
    @grigorirasputin425 7 місяців тому +11

    Psychology of money

    • @mrb552
      @mrb552 7 місяців тому +1

      Reading it right now. Morgan Housel is the best.

    • @heidikamrath1951
      @heidikamrath1951 7 місяців тому +1

      YES! Was scrolling Comments to see if anyone mentioned it. Morgan Housel is on the Podcast circuit now. New book coming out…

    • @grigorirasputin425
      @grigorirasputin425 7 місяців тому

      @@heidikamrath1951 it came out on Wednesday

  • @great207
    @great207 7 місяців тому +2

    Hi Rob. I really enjoyed reading your book. It has helped me and my wife with our financial goals. Another book that really helped to change my financial mindset was The Millionaire Next Door.

  • @stevenobrien595
    @stevenobrien595 7 місяців тому +1

    Excellent.

  • @jacqueslemieux1802
    @jacqueslemieux1802 7 місяців тому

    The Index Card. Pairs nicely with Simple Path. More than just investing…..money management……

  • @seamus7054
    @seamus7054 7 місяців тому +10

    JL Collins, "Simple Path to Wealth". Great book, even for a Brit like myself. Another great book for Brits is "RESET: How to Restart Your Life and Get F.U. Money" by David Sawyer.

    • @susannnico
      @susannnico 7 місяців тому

      can you explain in full the options you’re into...

    • @lailaalfaddil7389
      @lailaalfaddil7389 7 місяців тому

      I just searched *JENNY PAMOGAS CANAYA* out of curiosity, her profound dexterity looks too ideal for everyone on board!

    • @heidikamrath1951
      @heidikamrath1951 7 місяців тому

      @fred_williamsSCAM ALERT

    • @heidikamrath1951
      @heidikamrath1951 7 місяців тому

      @@lailaalfaddil7389SCAM ALERT

  • @VegasMilgauss
    @VegasMilgauss 7 місяців тому +4

    The wealthy barber, the millionaire next door

  • @geoffgordon9569
    @geoffgordon9569 7 місяців тому +3

    The Random Walk Down Wall Street by Burton G. Malkiel.

  • @chrisrampton1327
    @chrisrampton1327 7 місяців тому +5

    one of my favorites is ," The Four Pillars of Investing" by William Bernstein

  • @matthewharrigan3568
    @matthewharrigan3568 7 місяців тому +1

    I will teach you to be rich by Remit Sethi is my favorite. I'm naturally a saver and a math nerd. That book helped me with psychology

  • @thomastillman7150
    @thomastillman7150 7 місяців тому

    Hi Rob, I loved reading 'Retire before Mom and Dad'. What about your new one?
    Are you still working on that one? God bless, Tom

  • @djnivekonea.k.adjnivek1517
    @djnivekonea.k.adjnivek1517 7 місяців тому +4

    Rob...I would like to piggyback on the only 3 books you need to master your money...: I would like to add Napoleon Hill’s “Think and Grow Rich,” George S. Clason’s “The Richest Man in Babylon," and the David Chilton's "The Wealthy Barber."

    • @OlegScherbina
      @OlegScherbina 7 місяців тому

      N.Hill was a conman

    • @grigorirasputin425
      @grigorirasputin425 7 місяців тому +1

      Napoleon Hill's book was a useless garbage imho

    • @coocoocachooglin
      @coocoocachooglin 7 місяців тому

      @@grigorirasputin425You haven’t read it enough times.

    • @pware9643
      @pware9643 7 місяців тому +3

      Instead of power of compounding,you could write of the power of lawyers to charge for work they don’t do.. call it Rounding Up .. like a 31second call gets charged a minute , 31 minutes =1 hr ..

    • @funtechu
      @funtechu 7 місяців тому +2

      While I like The Wealthy Barber, and it's good for historical context, much of the advice in it is out of date or no longer applicable. So not a book I would pick if only choosing 3.

  • @josh9231
    @josh9231 7 місяців тому +1

    A+ on your book reports Rob 👍

  • @cynthiaowens9107
    @cynthiaowens9107 7 місяців тому

    I'd add JL Collins' 'The Simple Path to Wealth' and 'The Millionaire Next Door' although many parts of it is dated.

  • @davidtvedte1337
    @davidtvedte1337 7 місяців тому +3

    Many years ago I read "the Millionaire Next Door" and "Die Broke". They helped me get on the right path. I recently read "Retire before mom & dad" and it was great. Since I have watched most of Rob Berger's UA-cam posts it was the same material but in a very concise way. Thanks Rob.

  • @deshwitat357hedge7
    @deshwitat357hedge7 7 місяців тому +6

    I've read all three and they are top tier personal finance books. I'd also recommend Simple Path to Wealth and I Will Teach You to be Rich.

  • @thegrimmperspective
    @thegrimmperspective 7 місяців тому +1

    The best audio book that I've listened to is Suze Orman's The Ultimate Retirement Guide for 50+

  • @spyridon7669
    @spyridon7669 7 місяців тому +2

    I bought your book right now Rob. It was the least I could do. Thanks for all of your informative videos.

    • @raymiller764
      @raymiller764 7 місяців тому

      you could "buy him a cup of coffee" bet he makes more off that

  • @TSOUROUJI
    @TSOUROUJI 7 місяців тому

    Hey bro I'm a pro video editor and I think u can use ur long videos to create shorts /tiktoks/reels to get more reach and subs , and I would like to work for you and do this for u for a very cheap price

  • @70qq
    @70qq 7 місяців тому

    🤘🏻

  • @leticiagarcia4358
    @leticiagarcia4358 7 місяців тому +1

    Your suggestion on thinking about how many hours you had to work prior to purchasing items is great, I have done the same in past when it comes to caloric intake and working out. That Twinkie doesn’t taste so great if you know you have to spend 2 hours on treadmill! I also used to play a game at the mall that all the stores were after my money and I wasn’t gonna let them win, if I bought something it was because I Really wanted or liked it so I still was the winner!! Love your videos, Thank you So much!

  • @MoneyHabits1
    @MoneyHabits1 7 місяців тому +2

    Ok, not the list that can make you financially independent before you’re 112. These 3 are a must: 1. Rich dad poor dad- only buy assets that pay u monthly 2. Money makeover- if ur in consumer debt, you’ll never have any money to build wealth.3. Simple path to wealth- set it and forget it. If u want to retire early, all 3 will get u there.

  • @raymiller764
    @raymiller764 7 місяців тому

    So if I understand compounding skip your :)

  • @dameanvil
    @dameanvil 7 місяців тому +9

    00:55 💰 The first book, "Retire Before Mom and Dad," focuses on the power of compounding and practical applications for managing money.
    03:11 💡 "Your Money or Your Life" emphasizes understanding lifetime earnings and net worth, as well as calculating the real hourly rate to reframe spending decisions.
    06:51 📈 "The Bogleheads Guide to Investing" covers everything from choosing the right investment accounts to the importance of low-cost index funds for confident and informed investing.

  • @jamesmaduabuchi6100
    @jamesmaduabuchi6100 7 місяців тому

    Inflation has a greater impact on people's cost of living than a crashing stock or housing market,
    resulting in an immediate and tangible effect. This explains the current high level of negative market
    sentiment, and our need for assistance in surviving this challenging economy. The financial markets have
    underperformed due to fears of inflation, causing stock and bond prices to plummet. Despite sounding basic,
    consulting a financial advisor has enabled me to outperform the market and achieve a profit of $850,000
    since June 2022, making it the ideal approach to enter the financial markets today.