🧐 Small correction: The scenario from "A Random Walk" was $5,500/yr for 45 years. Either way, I hope the illustration shows you just how powerful a tax-advantaged retirement account can be! Max those things out if you can. More personal finance stuff coming soon! . 🦙 Get 20% off your Brilliant subscription and improve your problem-solving skills: www.brilliant.org/thomasfrank (huge thanks to Brilliant for sponsoring and supporting my channel) . 📱 Bite-size content on Twitter: twitter.com/TomFrankly . 🖊 Quote of the week: "People early in their career should learn from computer science: meander some in your walk (especially early on), randomly drop yourself into new parts of the terrain, and when you find the highest hill, don’t waste any more time on the current hill no matter how much better the next step up might appear." - from Chris Dixon's article "Climbing the Wrong Hill" cdixon.org/2009/09/19/climbing-the-wrong-hill (fantastic pairing with Pivot)

@genghisgalahad8465

2 жыл бұрын

Perfect video for someone who just turned 30! 🍻! Perfect for them! Just wanna put out that title for anybody sensitive about that milestone. 😁 Over the hill and far away, as the song goes...

1.The 7 Habits Of Highly Effective People 2.The Productivity Project 3.Your Money The Missing Manual 4.A Random Walk Down Wall Street 5.Pivot 6.The Personal MBA 7.Spark The Revolutionary New Science Of Exercise And The Brain

@montyoso

2 жыл бұрын

In the number 2 position you should also mention Atomic Habits by James Clear.

@itsgonnabeanaurfromme

2 жыл бұрын

They're in the description

Incase anyone want to copy paste the book titles 7 habits of highly effective people The productivity project Your money the missing manual Random walk down wallstreet Pivot The personal MBA Spark

I recommend "Essentialism: Disciplined Pursuit of Less" by Greg McKeown. I read this at my early 20s. Still relevant to this day. This book gave me a headstart on how to focus on the essential in different aspects of my life. That helped in saving my energy and time to what contributes significantly to my growth. 💖💖💖 Always a fan of your book recos

@Thomasfrank

2 жыл бұрын

That's a fantastic book as well! Martin and I discussed it on our podcast a few years ago: kzread.info/dash/bejne/i6V_qcasc6itnbQ.html

@aditya_kanu

2 жыл бұрын

@@Thomasfrank how were you able to find out the exact podcast, was it just memory because of engagement or some system?

@flyby9741

2 жыл бұрын

Thanks for the recommendation. Luckily my local library carries an ebook version that I just downloaded!

@Thomasfrank

2 жыл бұрын

@@aditya_kanu I do have a library of all our content in Notion, but in this case it was easy to simply Google "Inforium Essentialism" and grab the first result

@JustineAprilJ

2 жыл бұрын

Love this, especially the chapter about Sunk Costs.

"Our brains actually don't mind hard work, we just don't love the idea of it." -Matt D'Avella

@niceone99

2 жыл бұрын

How about commenting on the video instead of spamming your random quotes?

I recommend "The Defining Decade" by Dr. Jay Meg. I read this at 22. Still relevant as ever and it put words to the confusions I was feeling in Uni, with my future, my relationships everything. The key message was that Twenty-something is learning the mental tools to survive in adulthood. And in this small window, they can still quickly course-correct (with a lot of frustration) their life.

@rekarlopunzalan

2 жыл бұрын

Currently reading this one. Love the practical advice by Dr. Meg.

@podhditalia

2 жыл бұрын

+1 for this, great book

@bhaktichavan3731

2 жыл бұрын

thats true I am reading it currantly

The Defining Decade is also a great book. It's written by a psychologist and it talks about how important your twenties are. Highly recommend it.

I am most definitely going to buckle down and read all these. Your book recs are always spot on

Thomas, I have been watching your videos since I was a teenager (now in my mid-20s). You have thought me so much and have created an impact in my life that I wouldn't have imagined. From managing my time, creating a calendar to working out consistency you have helped me become the disciplined organized person I am today. I am a film major with be design experience. I would love to work with you someday.

For those of you who tend to overthink everything, I highly recommend you to read Don't Sweat The Small Stuff and It's All Small Stuff by Richard Carlson. Back then I had a pretty severe anxiety. I used to try to figure out what everyone was thinking, why bad things happened to me, why people couldn't understand me. But this book really changed my perspective. I can't say that I stopped overthinking right away, but at least I do it a lot less than I used to. This book is really simple and straightforward so it's super easy to let it sink in. Also, each chapter only consists of 2-3 pages so don't worry about losing your focus

@hitenjadeja01

2 жыл бұрын

Hey Which book particularly I think there is so many books in this series The first one ?

I think "Getting Things Done" by David Allen is essential. I have been overwhelmed with tasks time and again, cornered by my part time job and college obligations. This book gave me the tools to organize myself, to know where I'm stepping and to plan ahead so that everything is done on time, so not only I can deal with work and college, but I also end up having time to chat, workout, read, play games, learn another language and other stuff as well.

Loved the yeet part of the video 🤣 Great Video Thomas! I’m in my 20’s rn, and I have to say Atomic Habits has to be my favorite book that I’ve read so far. I’ll have to check out The Personal MBA!

You are the reason I am able to have a full-time job and a youtube channel. My time management skills have gotten so much better over the years. Thomas ou my man have helped me so much over there years. I love your content please keep it coming.

Love that you give us an eye view to the book my given some concept from the books!

Funny enough I subscribed because of the Notion video on this channel, had no idea you had another channel just dedicated to Notion tutorials. Subscribed! Just started Pivot and it has been the perfect book for where I am at right now. Thanks again!

I'm starting to read the first book you suggested, and will add all of the other books to my reading list!

I was mentioned in Pivot! Great read. “Develop” by Ted Fleming is the career book I’d put in the category for 30s!

Great video! Also like the new color grading!

Great job. I love it. Thank you!

With regard to Spark! For next edit, you could tie it back to the concept of Sharpening the Saw in 7 Secrets. Thanks for the video!

Thank you for the book list in the link so I can come back to these recommendations.

Here's a list of books that I recommend maybe not just for you in your 20's but in general: Think Again by Adam Grant Ruthless Elimination of Hurry by John Mark Comer Don't Drop The Mic by T.D. Jakes At Your Best by Carey Nieuwhof Cleaning up Your Mental Mess by Caroline Leaf The Latte Factor by David Bach Free to Focus by Michael Hyatt

thank you so much for these recommendations Thomas ! I have read none of them so far, but determined to get that good self-education !!

@AustinSchrock

2 жыл бұрын

I back it! You won't regret it! It has changed my life in profound ways that I'll never regret.

I am still in 20s currently but I would recommend "So good that they cant ignore you - Cal Newport" it gave me the direction I needed to take the current career path I am about to take

Thanks men your videos really help

Atomic habits is super good . He even mentioned you in chapter 16 or 17

@AustinSchrock

2 жыл бұрын

No kidding. Freaking love that book. I love reading so much!

If you didn't read those books in your 20s, I'm sure it's OK to do it in your 30s, 40s, 50s.. or any age for that matter. 😊💪

Love all book recs!!!

Great value , great video

I appreciate that last note about prioritizing thinking critically above specifically reading the books right now, because while I’d love to, I just don’t know where I’d be able to make the time to read right now. Despite being a reader at heart, I haven’t actually read frequently in my free time since high school because I don’t know where or how to fit it in. And the last 4 years since graduating college have been a slow grind in figuring out how to live.

I highly recomend How to win friends and influence people by Dale Carnegie. I found it very useful with my sales job when I was a Uni student and actually in many aspects of life such as my coursework

Great vid. Keep it up

If there's one thing I wish all 20 year olds would understand is just how much time they have. Don't let the internet rush you, enjoy the ride.

@miaomiao07

2 жыл бұрын

I'm in my 20s. I feel it's good to enjoy the ride but time feels limited as there's this short 10 years to build up career etc and other things to handle. Haha

@RealJamieBarclay

2 жыл бұрын

@@miaomiao07 10 years to build a career is a societal belief. I get where you're coming from, and it's good to have a sense of urgency, but trust me, you don't get to a point where you suddenly get to enjoy life, you only get to enjoy it now.

@miaomiao07

2 жыл бұрын

@@RealJamieBarclay it's about balancing work and play too I guess. To work hard and play hard etc :)

The personal MBA looks interesting. I might try this, and thank you for the book recommendations.

Good info!

I really like that you use different camera angles:D a little biy more dynamic

spark was amazing thanks so much for this recommendation

My alt list to share: Preface Of the many things one could pay attention to in their twenties, IMO the one that seems overlooked is our relationship with emotions. Emotions that come up for us, emotions that come up for others. The seeming reality for many of us is that we are not born into families that, what we might figuratively loosely term, “know how to do emotions”, and/or exist in environments that do. This often results in an underdeveloped sense about emotions. In most of our twenties, dating and perhaps get married features at least in some part of that period. Some of us also become parents. It is also less typical we make new deep friendships. IMO having a developed sense about emotions is critical in these instances if we want to have a feasible shot at relational health. But it goes beyond, one could make an argument that emotions touch many if not all aspects of our lives. The other area I think many of us can benefit in developing is an understanding of systems/games. IMO I don’t think there’s necessarily a single, monolithic “truth” that’s “best”, so pick your poison. The adage of “Strong beliefs loosely held” comes to mind. Though of course it should be said some perspectives are far richer and robust so bear that in mind (tales of apparent lizard people anyone? 🤔) IMO the ones that are, typically are characterised by inclusivity, good faith, and a (much) lesser focus on rules, maxims and doctrines. The List • ‘Rising Strong’ by Brené Brown - the book I landed upon that opened my eyes to ideas about vulnerability and connection. Sans a lot of the woo woo it typically comes with, especially today. Not the definitive time IMO but it was the spark that lit the fire still going. • ‘Linchpin’ by Seth Godin I came to this later after reading his more recent works but think it’s a good starter read. Seth Godin clarifies what context our work, for many of us, is situated in. There are no tips and hacks, just clearing of a path to move forward with something we’ll probably spend a large chunk of our lives engaging in. • ‘Hold Me Tight’ by Sue Johnson This was written by Sue Johnson to bring her work in couples therapy out to the public. Her work is a mix of a Rogerian humanistic approach, family systems theory, and ‘Attachment Theory’ with a relentless focus and warm openness to emotions. The book offers a slice of the map she uses in her clinical work written to be easily understood by the lay public who has no background or interest in psychology. It includes some prompts for a couple reading the book together to try out. There are an innumerable number of books written on intimate relationships and it will continue to proliferate. I feel confident that the ideas touched on in here will cut through the noise and provide most, if not all, of us with an affirmative way forward. It won’t be easy, but IMO it’s a journey worth taking. Have fun reading!

This video is so good I did not expect that

Right on time! :)

Personal MBA gave me a serious mindset shift about business especially the concept about the "Iron Law of the market"

"Spark" is probably my favourite health book also. I always recommend "The Demon-Haunted World: Science as a Candle int the Dark" by Carl Sagan. I'd go so far as to say this book should be required reading in school- one can only imagine how much better things could be if that happened.

I love book recommendations. I recommend Dave Ramsey's book The Money Make Over. I also highly recommend Dr. Caroline Leaf's books on mental health. She is phenomenal!

Whenever I watch something from this channel I'm always grateful that my young adulthood coincides with its existence

7 Habits is by far one of the best books I’ve read. Although, it took me about 15 years since the day I bought it until I’ve read it, for multiple reasons. But once I read it, it had changed my life. I also recommend Essentialism - great one!

More videos like this please!

Thanks for the video, definitly going to buy some of these. I totally recommend "Miracle Morning" by Hal Elrod. Could read this over and over - it always motivates me to set my routine. :)

I highly highly recommend non violent communication by Dr. Rosenberg. Kind of like Thomas said about building personal relationships with empathetic listening, he has that as well as a 4 step process to communicate effectively for others to understand US (because it is a first step to learn how to understand others, but not everybody is seeking out how to develop their communication style). He discusses his extraordinarily different theory that ALL problems can be resolved without arguments or fighting, and to do this we must first learn how to express our feelings with words our why's, and learn how to properly make requests of others when we want them to help us meet our needs. Very eye opening book

I'm about turning 29. I have one year left. Run Forrest, run!!!

@ExplainosphereChannel

2 жыл бұрын

@J. Lee Four months...

A better way to live. It’s a small book, but when I worked at a dealership it was a great intro to get my mind in a place for what was to come. Practical stuff in there and it’s written as if it’s a conversation between you & the author.

Haha sooo weird I was just thinking about you yesterday. Lol sounds so personal, but I watched you so much in college and listened to your podcast. I’m glad I found you again on my algorithm 😊

Never burned my monthly 2 Audible credits so fast. Thanks for the recommendations! Of course I used your links ;)

great review Thomas! I've been watching your content since 2014. In my opinion, if you will not create your own business, just buying ETF's wont be enough for you to be financially independent. So for the finance stuff I would lean a little bit more towards some books focusing on individual stocks and real estate investing

@orielfinch5806

2 жыл бұрын

do you know any good books abt stocks and investing?

@omni1562

2 жыл бұрын

Dhandho investor is a really great book of you want to learn the Warren Buffett style of investing

Please consider bringing back CIG/inforium. I really miss that podcast.

My fav video. You should have a book club.

Thank You💞

Very useful 👍

“The Ruthless Elimination of Hurry” by John Mark Comer “Emotionally Healthy Spirituality” by Pete Scazzero “Smarter Faster Better” by Charles Duhigg

Can you please do a list of books to read in your 40's???

My personal top 5: - Atomic Habits - Man’s search for meaning - Meditations - Why we sleep - Can’t Hurt Me

@AustinSchrock

2 жыл бұрын

Why we sleep is so good! I read that a while ago and it still sticks with me now. It's so easy to stay up late working on a video when i should just sleep and hit it strong the next morning all rested up.

Thanks for your recommendations, Thomas. Youngsters, please take note.

I would recommend "Theory cast and role". This book is about your different ways of development.

I am far from my 20's, but I have read some of these and will get the rest. Thanks for the video.

The six pillars of self esteem by Nathaniel Branden is amazing as well. COMPLETELY changed my life

@Danuxsy

2 жыл бұрын

no it didn't.

@hakimkiseeka

11 ай бұрын

Wao I read as well

That Gary Vee tidbit in the Career Success portion 😂

Wow came out just in time for me. I've been reading the first book :) Would suggest the following books I've seen the positive reviews but have yet to read, the Secret. Rich Dad Poor Dad. And communication books type would be nice!

@Thomasfrank

2 жыл бұрын

Currently reading Never Eat Alone and The Storyteller's Secret! Not far enough in to recommend either personally, though I know Never Eat Alone is considered the classic "networking" book. My next video is on networking and building relationships!

@krutarth_suthar

2 жыл бұрын

@@Thomasfrank looking forward to it

I recommend "The Four Hour Workweek" by Tim Ferriss.

No joke I was looking for videos of these recently to get a reading list for 2022. Timely video for sure

@abelii8726

2 жыл бұрын

Me too! The timing is perfect

@MmM20978

2 жыл бұрын

Me too.

I would recommend "Non violent communication: a language of compassion" by Marshall Rosenberg. One of the most *mindblowing* book I read about relationships (but in my 30s, not 20s though ^^). Definitely "Atomic Habits", thanks to you, was mindblowing too. Thanks to everyone else for the books recommendation ! I have a lot to read now.

I'm procrastinating on a diffcult task. Thanks Thomas XD

Freakonomics this book changed my perspective on life. A lot of things are not what they seem like at first.

I'm looking forward to read Spark, because I'm aware of the theory but I can't seem to internalize the habit of exercising.

Thomas Frank saying "yeet" is the best early christmas gift I could ever receive.

I would recommend man's search for meaning! Have you read it?

Gym is paying off, looking good my man!!

Alright I'll try to read these

I just started an audiobook at the Princeton level, it is not easy as you think not having the words in front of you, ideas are not spellable at a magical level into your ear, listening and making sense of Word are way deeper than one can estimate since the intro title is the universe: irrationality...the art of unstuck or unconfusing

I'm currently living with my parents and I disturb them all day by telling what I read everyday . I think unknowingly it is a great way to remember what you read. And now I’m currently about 80% through "Playbook to Millions by Grant Cardone. I have read a lot of entrepreneurial books and self improvement books, and this book is my absolute favorite. This book is extraordinary and really gets you to work extremely hard toward your goals in life and succeed at multiple different areas like personal finance, business and career. This is an absolute must buy if you need a push to get you going in business or you want more out of life.

The most important for me was definitely why sleeping matters

Thank you Thomas for sharing

Interesting selection of books. I do have a question though... what if you're double that age? 😉 As for my book recommendation... How to Take Smart Notes by Sönke Ahrens... especially useful for your learning!

@heloisaduarte4745

2 жыл бұрын

If the 50' are the new 30', why not the 40' are the new 20' 😏 Since we are all going to live till our 80' it doesn't make sense to think that life begins at our 20'... tbh, modern life is changing so fast that even if you are 20' now the probability to be working in a completely different job on your 40' to 50' is huge!!😉

honestly this is what I subscribed for the first time

in the career category I would like to add "be so good they can't ignore you" - it is a good one..

Thanks bro

Some of the books I recommend 1. Stillness is the key - Ryan Holiday (Bcos the pandemic was super stressing me out and this helped a lot!) 2. Why we sleep 3. Atomic Habits 4. Existensial Courage

@AustinSchrock

2 жыл бұрын

Thanks for recommending! I LOVE 2 and 3, those have impacted me so much in my work.

So glad I found this channel...

Please do one for us folks in their 40s.

Excellent

Seven habits never stuck with me for whatever reason and I got it when it first came out.

Here are the books ~ 1. 7 Habits of Highly Effective People [Stephen Covey] 2. The Productivity Peoject [Chris Bailey] (Honorable mention ~ Atomic Habit - James Clear) 3. Your Money - The Missing Manual [J. D. Roth] 4. A Random Walk Down Wall Street [Burton G. Malkiel] 5. Pivot [Jenny Blake] 6. The Personal MBA [Josh Kaufman] 7. Spark [Dr. John J. Ratey, MD] Thanks, Thomas. 🌻

minor correction: s&p500 does not track the whole stock market.. as the name suggests it tracks 500 of them. mostly largest ones, and amounts to roughly 1/3rd of the market in terms of capitalization volume.

Thanks

can someone recommend any book on discipline and routine buidling, self care... things like that?

Awesome info. Thanks for sharing! I'm in my 60s and worked in corporate environments that offered company matching for 401Ks and stock purchase auto investing. Always maxed out those accounts to get the company matching and put away the money for retirement. I never saw the money in my spending account, so didn't even miss it and lived "within my means" with the money left over. Now retired and very happy that I had socked away that money for 35 years.

@manasavuibaubatiwale3593

2 жыл бұрын

Wow..... That's awesome!!!

@Thomasfrank

2 жыл бұрын

That's so great to hear! Love to see an example of someone who did it successfully.

@aditya_kanu

2 жыл бұрын

Well that is the proof that we're on the right path

@Wendathena

2 жыл бұрын

@@Thomasfrank I guess it helped that I had parents who grew up during the depression and they were extremely frugal and instilled that value in me. I remember in the 1980s when I switched jobs. I had to transfer the 401k to a different portfolio management firm. I briefly considered cashing out it out (which meant I would have had to pay taxes and a penalty). Luckily I decided not to. Was not much money at the time ($20K? -which seemed like a lot back them). That one 401K from the company I worked at for 3 years became +$100K over its lifetime.

Most influential business book I read in my twenties was, How to swim with the Sharks without being eaten. " Harvey McKay

The list should include The Defining Decade by Meg Jay. That’s dedicated primarily to twentysomethings

To the *incredible person* that's seeing this, I wish you all the best in life❤ don't over blame yourself, accept things and go forward. Don't let others define what “success” is for you. Get up, learn the skills needed and get after it, all the keys to a happy life is in your hands. Keep pushing.

The Checklist Manifesto by Atul Gawande. It is especially good for medical professionals, but is good for everyone.

Beyond order summary will be highly appreciated.

Turning 20 in two weeks this came just on time