Practical tips to learn finance

Step 1: Read the ‘Vault Guide to Finance Interviews’

Step 2: Subscribe to Investopedia’s free ‘Term of the Day’ here. They basically send you a finance term each day via email. This will improve your finance vocabulary

Step 3: Subscribe to the Wall Street Journal (WSJ) ($15 for 15 weeks for students)

Step 4: When reading through the WSJ, look up a word you do not understand in Investopedia or through another source. It will be slow and painful, but gradually you will get it šŸ™‚

Step 5: If you are interested in a particular company, go to the ‘Business and Tech’ section of the WSJ, and go to ‘Index to Businesses’. Companies are listed in alphabetical order and you can search for your company. If it is there, it will refer you to the page where the company is mentioned in the WSJ. Remember, it changes each day. This is really useful for interviews.

Step 6: When reading the WSJ, I recommend reading articles in the following sections:

  • ‘What’s news’ (the left-most column)
  • Articles on the front page
  • Business and Tech
  • Money and Investing

Step 7: Take Finance Classes if you can. Take Finance Theory I or something.

Step 8: Read a personal finance book. Reading a personal finance book helped me how to manage my personal finances and made it easier for me to understand finance in general! I personally like ‘I will teach you to be rich’ although it has a non-conventional tone.

Step 9: Subscribe to a personal finance blog. “Get rich slowly” is a popular one.

Step 10: Subscribe to a finance podcast. I personally like ‘Planet Money’ although it is not really a finance podcast. They go over more economic issues but it is good to understand what is happening in the world.

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