Trying to be good with your money and being good with your money are not the same thing.
Sometimes I don't think I give myself enough credit. Usually tho, I give myself too much credit.
If you've recently gotten your W2 and are wondering, "where did all my money go?!"...it's time to starting being an adult and tracking those finances.
Harsh, I know.
Still personally not good with money but here are three books that have helped.
by Kate Northrup
If you have your head buried in the sand when it comes to your financial accounts (been there) this is a good book to start with.
IMO the most valuable aspect of this book are the exercises (like you actually have to open your monthly statements and then do some journaling). This book will help you address both the emotional and practical aspects of your financial life.
Maybe you're walking around with hunched shoulders weighed down by the burden of debt: Kate's like, "did you have fun on that trip to Hawaii or nah"? Maybe you secretly are expecting a husband/other Prince Charming figure to solve your money woes: Kate again, "Honey, no".
I do think the author is a little out of touch when it comes to actual strategies for getting out of debt (if I recall she did some manifesting, wrote a book and then went on a nationwide tour where she happened to meet her husband. She also got out of debt by not having any student loans to begin with and lived in an apartment in NYC that her mother paid for)...BUT she does emphasize spending in line with your values which really resonated with me.
by Ramit Sethi
I just like this book. *shrugs*
The author's 6-week personal finance program is straight forward and easy to digest. He emphasizes starting NOW and following the plan 85 percent. Easy enough.
He doesn't advocate for a spartan lifestyle but one which again, is in line with your values. The end goal is to automate as much of your finances as possible and then get on with your life.
The book was published in 2009 so some of it feels a bit dated but the advice is still practical and wise. 10/10 would recommend.
Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together by Rachel Richards
"A simple humorous alternative to financial education" - Rachel Richards guides her readers through loan consolidation, investing and how to spread your money over paying off debt, building a savings account, and setting aside money for retirement.
This book is full of lingo, so if words like "hot sec", "ain't nobody got time for that", and "probz" are triggers for you, skip this one. If you want your hand held through investing and making trades the author has written you a step-by-step guide with actual screen shots.
THE BOOK IS FOR READERS OF ALL LEVELS OF FINANCIAL-SAVVINESS. Open the book and move directly to the content that's valuable to you.
Watching this on repeat while I get my money right.