About

 Welcome to Smart Money Reads!

I’m siddarth, and here I break down powerful lessons from personal finance books—like Rich Dad, Poor Dad, The Millionaire Next Door, and more—into simple, actionable tips.

My goal is to help you grow smarter with money, build strong wealth habits, and achieve real financial freedom. Whether you’re just getting started or looking to level up your money game, you’ll find clear guidance and honest reviews here.

Thanks for stopping by—let’s make smart money moves together!

Comments

Post a Comment

Popular posts from this blog

Image
  Top 3 Books That Changed My Money Mindset 1.The Psychology of Money - Morgan Housel "5 Eye -Opening Lessons From The Psychology of Money That Changed How I Think About  wealth Managing money isn't just about numbers -it's about behaviour. The Psychology of Money by Morgan Housel reveals smart people make dumb financial choices and how you can avoid them here are 5 powerful lessons from the book : 1. Getting Wealthy vs. Staying Wealthy Making money and keeping money are two different skills. Risk-taking builds wealth. Humility and discipline keep it. 2. Compounding Is the 8th Wonder Money grows slowly… until it doesn’t. Housel explains how patience and time are your best tools. Start early, stay consistent. 3. Wealth Is What You Don’t See That flashy car? It's not wealth — it's spending. Real wealth is invisible. It’s the money you don’t spend. 4. Luck and Risk Are Siblings Never underestimate the role of luck. Success is never 100% hard work — acknowledge ...
Read more
  10 WAYS TO EARN PASSI V E INCOME Passive income refers to earnings you generate with minimal ongoing effort. While truly “set-and-forget” streams are rare, the goal is to build systems or assets that work for you over time. Below are 10 in-depth strategies to create passive income. For each, you’ll find: What it is How to get started Potential returns Pros & cons 1. Dividend Stocks and ETFs What It Is Investing in dividend-paying stocks or dividend-focused exchange-traded funds (ETFs) means you purchase shares of companies that distribute a portion of their profits to shareholders periodically (usually quarterly). Over time, you collect these dividends—effectively a passive cash flow. How to Get Started Open a Brokerage Account Choose a low-cost broker (e.g., Vanguard, Fidelity, or a discount brokerage). Fund your account with at least $500–$1,000 to begin (some brokers have lower minimums). Research Dividend Stocks/ETFs Look for companies wit...
Read more
Image
  10 Powerful Lessons from Rich Dad Poor Dad Introduction Rich Dad Poor Dad by Robert Kiyosaki is one of the most impactful personal finance books ever written. First published in 1997, the book shares timeless lessons about money, investing, and mindset. What makes it unique is the comparison between two father figures in Kiyosaki’s life—his biological father (the "Poor Dad") and his best friend’s father (the "Rich Dad"). Both were intelligent and hardworking, but their views on money were completely different. In this post, I’m going to break down 10 valuable lessons from Rich Dad Poor Dad that can help you shift your mindset, make smarter financial decisions, and begin your journey toward financial freedom. 1. The Rich Don’t Work for Money One of the core ideas in the book is that wealthy people do not trade time for money forever. Instead of depending solely on a job or salary, they build assets—things that generate income whether they work or not. This incl...
Read more