How Business Audiobooks Can Help You Master Your Money

This content was sponsored by Audible.ca

Personal finance can be a scary topic for most of us, and even more so during times of uncertainty. What percentage of your pay cheque should you be saving? How should you be investing your money? Under what circumstances is it okay to raid your rainy-day fund?

Money is an anxiety-inducing topic because it’s something that many of us don’t fully understand. Striking the right balance between monthly expenses, savings, and long-term investments can be hard, especially if you, like the majority of Americans, are close to living paycheque to paycheque.

While there are structural reasons why many workers were struggling to get by even before the coronavirus pandemic began, it is possible to take charge of your personal finances even if you can’t dramatically increase your salary or take on more work. And you can start by simply downloading a few audiobooks.

Taking Charge is About Facing Your Fears

Have you ever been in the position of not knowing how much money is in your bank account, and being terrified to check because you’re worried that it will be even worse than you think?

The key to taking control of your financial situation lies in treating it as a practical problem that you can deal with in a practical way, rather than getting caught up in guilt and anxiety about the future.

Business and personal finance audiobooks help with this not only by offering practical advice on how to save and invest wisely, but also because they can help you normalize thinking about personal finance. Listening to audiobooks talk you through these problems every day helps you feel less alone about confronting them.

Learn From the Best in the Business

That being said, the expertise the best personal finance audiobooks have to offer really can help. Turning your finances around means figuring out where you can save, how you should spend, and what kind of investments make sense for someone in your position.

From classics like The Little Book of Common Sense Investing to recent bestsellers like Ramit Sethi’s I Will Teach You to be Rich, audiobooks can help you understand how the market works, and how you can make your money work for you.

Getting hold of these titles is easy when you have access to the huge selection of finance and business audiobooks available through Audible. As an Audible member, you’ll be able to tap the wisdom of entrepreneurs, finance experts, and business leaders who understand how ordinary people can get ahead in today’s economy whenever you want, ensuring you’re never short of advice and inspiration.

When it comes to your money, the biggest thing to fear is often fear itself. Learning about how money works and normalizing your own relationship to it is absolutely essential if you are to put yourself on a more reliable financial footing.

Business audiobooks help you master your money not only because they empower you to take those vital first steps toward confronting your money problems, but also because they contain the wisdom and knowledge you need to achieve your short- and long-term financial goals.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes