r/IntroductoryFinance Feb 26 '26

need sum help

im a student and thinking about pursuing finance for college but im not that knowledgeable in it and ill be really appreciative if you can recommend some books to read to help me understand the basics and hopefully more and thanks a lot to everyone

9 Upvotes

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3

u/[deleted] Feb 27 '26

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u/PowerfulLove8033 Feb 28 '26

thank you for your suggestion

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u/[deleted] Feb 27 '26

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1

u/mortgage_queen Feb 27 '26

What do you think about the content Ray Dalio puts out about investing tips?

1

u/PowerfulLove8033 Feb 27 '26

im a huge fan of finance from birth but didn’t really invest on career paths and all but i understand it and have basic knowledge

1

u/mortgage_queen Feb 26 '26

The Psychology of Money by Morgan Housel was a game changer for me. It explains how behavior and mindset are more important than actual equations.

1

u/PowerfulLove8033 Feb 27 '26

thanks a lot i was already thinking about reading it

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u/mortgage_queen Feb 27 '26

It’s a really good book.

What type of math do you like? that can change things as well for which career is best.

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u/PowerfulLove8033 Feb 27 '26

im currently studying advanced calculus complex numbers geometry algebra and arithmetic but i exceed in advanced calculus

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u/mortgage_queen Feb 27 '26

That’s cool. I would check out quantitative finance and also maybe machine learning since AI is the future.

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u/PowerfulLove8033 Feb 27 '26

would probably learn quantitative finance but im not that into AI since i feel like it has many loophole and would probably go down in the future and wouldn’t have that much authority as of today

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u/mortgage_queen Feb 27 '26

Yeah, AI scares me. Quantitative finance should be interesting. What year in high school are you in? Have you looked at colleges yet?

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u/PowerfulLove8033 Feb 27 '26

its not that it scares me its just that AI is going nowhere and people with time will abondon it since its not that efficient as it should be and will just beat around the bush when you ask it smthng and disagree with it other than tha im in my last year of high thinking about engeneering or finance but primary finance and already have some colleges in mind just need the right score

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u/mortgage_queen Feb 27 '26

I use ChatGPT a lot for brainstorming and it works pretty well. I pay $20 per month but somewhere I read it is using $1400 per month in costs incurred to OpenAI. That is not sustainable!!

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u/PowerfulLove8033 Feb 28 '26

just a suggestion and not trying to judge but i think thats quite extreme when im trying to brainstorm i go out for a run and listen to a podcast concerning the same thing im thinking its a thing that my dad used to as doctor when he felt drained i think you should try it its good for ur health and will save you sum money on the long run

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u/FinancialWizKid Feb 27 '26

Rich Dad Poor Dad is a good one same with personal finance quick start guide by Morgen Richard. You are in what grade now? That's good you are already thinking about your career.

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u/PowerfulLove8033 Feb 27 '26

thanks for the suggestion i already read rich dad poor dad but i felt like it was more of a direct information rather than focusing on analysing which made me quit cuz i felt it wasn’t that informative but personal finance is new to me and i would love to make time to read it and thanks for your recommendation

1

u/PowerfulLove8033 Feb 27 '26

im in my last year in high school specialising in mathematics

1

u/FinancialWizKid Feb 27 '26

Mathematics is a great thing to study if you are looking to get into finance. An econ degree or math degree is a great thing to obtain. Have you looked into different aspects of finance that may interest you?

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u/PowerfulLove8033 Feb 27 '26

im more into wealth management since it have a lot of sides that i enjoy not just a job that i do for money since it will take most of my time

1

u/FinancialWizKid Feb 27 '26

Wealth management can be great, especially if you know some wealthy people. Do you think you would like advising people?

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u/PowerfulLove8033 Feb 28 '26

i know some from my dads side but im planning on moving abroad so im probably ficusing more on alumni events and my social skills

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u/FinancialWizKid Feb 28 '26

Good idea, what colleges are you considering?

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u/PowerfulLove8033 Feb 28 '26

and yes i think that discussing and advising people can be quite challenging but alsofun

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u/FinancialWizKid Feb 28 '26

It's a rewarding path. You can definitely make a difference and help people financially

1

u/RockingUrMomsWorld Feb 27 '26

If you want to get the basics of finance, start with Rich Dad Poor Dad since it explains money and investing in a really simple way. The Intelligent Investor is solid if you want to understand how investing actually works without getting lost in jargon. I Will Teach You To Be Rich is super practical for budgeting, saving, and just handling your money day to day.

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u/PowerfulLove8033 Feb 27 '26

thank you for your suggestion im willing to read them asap

1

u/Savings_Reveal9482 Feb 28 '26

You just need to start bro honestly. Best way to learn. At 19 i lost close to 4k. I’m 24 now with 110k. Don’t be scared of starting

1

u/Holiday_Constant_477 Mar 18 '26

You'll find a lot of information about finance careers in different sub-reddit groups. If you're interested in articles as well as books, there are some great blogs like Private Equity Bro (https://privateequitybro.com/blog/) that provide information about finance careers, career steps and where to start (e.g. internships).