We have prepared this recommended list for our investors who want to consistently strengthen their financial literacy and better understand the fundamentals of investing. Here you will find selected resources on finance and investing: books, podcasts, documentaries, social media accounts, communities, and reliable Lithuanian websites.

It is important to emphasize: this is not “the only right path” or a list of specific decisions. It is a practical guide you can use when you want more clarity—how investing works, how to filter information, how to avoid emotional decisions, and how to build your own personal system. If you are just starting out, we recommend beginning with the basics (budgeting, costs, diversification). If you already invest, this list will help you deepen your understanding and maintain discipline.

Where to start to feel the benefits quickly:

If you currently find it difficult to control spending, first organize your income and expense tracking and only then move to investing topics.
If your budget is stable, focus on investing principles: costs, diversification, and a long-term horizon.
If you lack discipline, choose content about psychology and habits rather than “what to buy now.”
If you want to involve your family, conversations and games work best, as they help you talk about money naturally.

How to choose content without getting lost

To ensure the information is useful rather than exhausting, apply three simple filters before choosing a book or channel:

Goal: Do you need to understand the basics, or is it time for action?
Reliability: Is it focused on principles (risk, costs, diversification) rather than quick promises?
Relevance in Lithuania: Does the source fit your reality (euros, local rules, Lithuanian resources)?

Books on finance and investing: what to choose and why

1) Psychology and behavior (to avoid emotional decisions)

Morgan Housel The Psychology of Money — why in finance the winners are often not the “smartest,” but the most patient and consistent.
Best for: beginners and those who want less stress.

2) Value investing and discipline

Benjamin Graham The Intelligent Investor — a classic on risk management and long-term thinking.
Best for: those who want a strong foundation and clear rules.

3) Passive investing, costs, and a long-term approach

John C. Bogle The Little Book of Common Sense Investing — explains why costs eat into returns over time and why simplicity is often an advantage.
Best for: those who want structure and less “noise.”

4) Market unpredictability and diversification

Burton G. Malkiel A Random Walk Down Wall Street — helps explain why consistently predicting markets is difficult.
Burton G. Malkiel, Charles D. Ellis The Elements of Investing — a set of principles worth keeping as a “checklist.”
Best for: those who want less guessing and more system.

5) A simple path to financial freedom

J. L. Collins The Simple Path to Wealth — easy to read, practical, and a good bridge from budgeting to investing.

6) Building wealth through everyday habits

Thomas Stanley, William Danko The Millionaire Next Door — wealth is usually built through consistency, not image.
Justin Fox The Myth of the Rational Market — market theories and their limits.

7) Biographies and broader context

Alice Schroeder The Snowball: Warren Buffett and the Business of Life — better for understanding mindset and values than copying decisions.

Podcasts and channels: how to listen so it turns into action

Pokalbiai apie pinigus — convenient for basics and real examples.
Investavimas.lt — thematic content and structure.
Dividendų eksperimentas — if you want to understand dividend logic.
The Investor’s Podcast Network, Millennial Investing, Financial Independence — for broader perspective and discipline.

Practical rule: after every 2–3 episodes, write down 1 action you will take within a week. If no actions appear, the content may entertain you—but it won’t move you forward.

Films and documentaries: when they’re worth watching

The Big Short (2015) — systemic risks and bubbles.
The Ascent of Money (2008) — historical context about money and the financial system.
Playing with FIRE (2019), Generation: Freedom (2019) — the idea of financial freedom and life choices.
Million Dollar Traders (2009) — shows how hard it is to consistently “beat the market.”

Social media: how to use Instagram and Facebook without FOMO

Instagram accounts:

Dividendų eksperimentas
Moterys Investuoja
PROFITUS Instagram
Jaunipinigai
Mywealthbook
Finiq
Pagalve_ateiciai

Rule: social media is for ideas and education. Make decisions based on your plan, not weekly “trends.”

Facebook groups:

Crowdfunding Lietuva (group)
P2P Lietuva (group)
Investavimas (group)
Investavimas – Dividendai
Pasyvus pelnas (group)

How to filter advice: always ask: what is the risk, what are the costs, and what happens if the next 12 months are worse than expected?

Financial literacy for the family: conversations and games

Apie pinigus su vaikais — simple and natural when involving children.
Pagaliau jauku kalbėtis apie pinigus — for couples to agree on goals, rules, and priorities.
Sukčių voratinklis, Monopolis, Pinigų srautas — helps understand the “cost of choices” and cash flow through play.

Reliable sources in Lithuania: where to verify information

Bank of Lithuania website — the best place for official information and fundamentals.
Investavimas.lt
Finansai paprastai
Investologija
Financiallithuanians.lt
Investicijos ir finansai

Final note on risk

Investing is always associated with risk. Even the “safest” strategies can experience fluctuations, and value can both rise and fall. Therefore, we recommend investing responsibly: keep an emergency reserve, set a clear goal, understand the instruments you use, evaluate costs, and avoid making decisions based solely on emotions.