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| 1 | +title: The Best Resources for Developers to Learn Finance |
| 2 | +slug: best-resources-developers-learn-finance |
| 3 | +meta: Find out the best free and low cost finance newsletters, websites and books for developers to learn financial literacy. |
| 4 | +category: post |
| 5 | +date: 2020-03-08 |
| 6 | +modified: 2020-03-08 |
| 7 | +newsletter: True |
| 8 | +headerimage: /img/visuals/email-post-header.jpg |
| 9 | +headeralt: Python programming language and Full Stack Python logos. |
| 10 | + |
| 11 | + |
| 12 | +Software developers should understand the basics of finance not only |
| 13 | +to manage their own money but also to understand how businesses' software |
| 14 | +projects are funded. |
| 15 | + |
| 16 | +Understanding how other people who work in accounting, finance and project |
| 17 | +management think about business and finance in particular can help you make |
| 18 | +better architectural decisions when trying to build maintainable systems. |
| 19 | +Code is only one aspect of a large software project so working with others |
| 20 | +and viewing the world through their discipline will help you immensely as |
| 21 | +you advance your career. |
| 22 | + |
| 23 | + |
| 24 | +## Newsletters & Podcasts on Finance |
| 25 | +The fastest way to take a first step in improving your financial literacy |
| 26 | +is to subscribe to a few free newsletters that regularly hit your inbox, |
| 27 | +or a podcast if listening better fits your daily routine. I read and listen |
| 28 | +to each of the following newsletters and podcasts to pick up on unfamiliar |
| 29 | +topics then do more of my own research if I do not understand what they |
| 30 | +are talking or writing about. |
| 31 | + |
| 32 | +* [Money Stuff by Matt Levine of Bloomberg](https://www.bloomberg.com/opinion/authors/ARbTQlRLRjE/matthew-s-levine) |
| 33 | + ([newsletter sign up form](https://link.mail.bloombergbusiness.com/join/4wm/moneystuff-signup)) |
| 34 | + is a hilarious must-read daily newsletter that covers the world of |
| 35 | + finance and breaks down many absurd situations such as financial |
| 36 | + fraud, insider trading, or competing interests in credit default swaps. |
| 37 | + Amazingly, the author stays out of political topics, which I find very |
| 38 | + refreshing because many other journalists seem to force their own biases |
| 39 | + about finance down your throat even if you do not want their opinions. |
| 40 | + |
| 41 | +* [Endless Metrics](https://endlessmetrics.substack.com) explains financial |
| 42 | + topics in a way that's easy to understand. What I love most about this |
| 43 | + newsletter is that the author will often venture into finance-related |
| 44 | + topics he's interested in and then explain those subjects |
| 45 | + |
| 46 | +* [Points of Return by John Auther](https://www.bloomberg.com/authors/AT2bBytfUHQ/john-authers) |
| 47 | + ([newsletter sign up form](http://link.mail.bloombergbusiness.com/join/4wm/opinion-authers-signup)). |
| 48 | + This author is incredibly knowledgeable about finance and typically |
| 49 | + provides a solid grounding in long-term fundamentals rather than the |
| 50 | + short-term hyperbole that is pervasive in cable television financial |
| 51 | + journalism. |
| 52 | + |
| 53 | +* [Odd Lots](https://www.bloomberg.com/podcasts/odd_lots) covers kind |
| 54 | + of whatever topics the hosts find interesting such as pandemic bonds, |
| 55 | + repo market disruption, sovereign debt restructuring and emerging |
| 56 | + markets. That's why it's so good - the hosts bring on an expert in that |
| 57 | + topic and ask a ton of great questions because they want to learn |
| 58 | + what's going on for themselves. You follow along with them as they |
| 59 | + try to understand some of the oft-esoteric subject areas of finance. |
| 60 | + |
| 61 | + |
| 62 | +## Books, Websites and Magazines for Finance |
| 63 | +Newsletters and podcasts are great for prodding you into discovering |
| 64 | +topics you did not know you needed to learn. When you discover something |
| 65 | +that you want to go deeper on in finance, here are a few of my favorite |
| 66 | +books and websites that range from the very basics of finance to broader |
| 67 | +macroeconomic data trends. |
| 68 | + |
| 69 | +* I learned most of my basic finance knowledge when I read |
| 70 | + [Financial Intelligence for IT Professionals](https://www.amazon.com/Financial-Intelligence-Professionals-Really-Numbers/dp/1422119149) |
| 71 | + in graduate school ([go Hoos](https://www.virginia.edu/)!). The book |
| 72 | + is well-written, straightforward and accessible, particularly because |
| 73 | + it clearly targets its software developer audience. |
| 74 | + |
| 75 | +* [Don't Quit Your Day Job](https://dqydj.com/) uses a ton of metrics |
| 76 | + and statistics to ground their articles on financial topics that |
| 77 | + are often relevant specifically to software developers. For example, |
| 78 | + the article on |
| 79 | + [How Many Developers are There in America, and Where Do They Live?](https://dqydj.com/number-of-developers-in-america-and-per-state/) |
| 80 | + is fascinating and especially useful because they explain their |
| 81 | + data sources and analysis methodology. |
| 82 | + |
| 83 | +* [Money Magazine](https://money.com/) can be useful to pick up in paper |
| 84 | + edition for a few months to understand personal finance basics. After a |
| 85 | + few months you'll discover the articles and topics tend to recycle so |
| 86 | + there are diminishing returns to reading it after you have familiarized |
| 87 | + yourself with most of the topics. |
| 88 | + |
| 89 | +* [Longtermtrends](https://www.longtermtrends.net/) aggregates long term |
| 90 | + high-level financial data and displays it. I find looking at these |
| 91 | + charts gets me away from the day-to-day "oh the stock market is down" |
| 92 | + and towards thinking about what happens when you invest money over many |
| 93 | + years or decades. |
| 94 | + |
| 95 | + |
| 96 | +## Specific Articles on Financial Topics |
| 97 | +The following individual articles I have found to be both well-written and |
| 98 | +extremely useful for specific scenarios such as evaluating stock-based |
| 99 | +equity compensation, or negotiating your salary. |
| 100 | + |
| 101 | +* [Salary negotiation](https://www.kalzumeus.com/2012/01/23/salary-negotiation/) |
| 102 | + |
| 103 | +* [Stock Options](https://blog.alexmaccaw.com/an-engineers-guide-to-stock-options) |
| 104 | + |
| 105 | +* [Open Guide to Equity Compensation](https://github.com/jlevy/og-equity-compensation) |
| 106 | + |
| 107 | + |
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