KloudManc's Room of Requirement

It has been 26 years since this book was first published. Yet, I still find myself going back to revise its contents repeatedly. The basic principles help me focus my thoughts and remind me of the lessons I learned from this book regarding personal finance. It is one of the best gifts to give children as they grow into adulthood before they manage their finances. But unfortunately, these lessons are still not taught enough at schools today. For society to tackle the tough challenges we see today, be it bringing down the national debt, job creation, pension deficit, widening wealth inequality, young people can't get on the property ladder, jobs being replaced by machine learning and AI, inflation, financial instability etc., we need future generations to be better educated financially. And there is no better book to start than Rich Dad Poor Dad.  It is written in simple, accessible language, using anecdotes and personal experience to guide the reader; this book is easy to read and s...

If you are keen on philanthropy, I would recommend that you take a look at  givewell.org/ Have you ever wondered which charities are more effective in terms of how they use your donations? How do you compare a good cause against the other? Should you donate to fund a project closer to home or abroad? GiveWell is an organisation that does some of this research. They also give suggestions on what to look out for before you decide who to donate to. If you care deeply about this line of work and would like to read more about it, an excellent book is  Doing Good Better: How Effective Altruism Can Help You Make a Difference. If you know any other useful references regarding this topic, please share them below. I would be interested to hear any other recommendations.