Books on money are as important as money itself. Such books are a good take on dealing with personal finances and the like. Here’s our take on books that teach financial literacy, personal finance, and a lot more. We have prepared a list of 11 must read books to become a pro in handling finances.
Rich Dad, Poor Dad
Image: Plata Publishing
Written by Robert Kiyosaki and Sharon Lechter, this book discusses financial literacy, intelligence, and independence. It is a gem as it also talks about entrepreneurship, owning a business, building wealth, etc. It portrays what the rich do differently in order to achieve their financial goals and what are the mindsets of rich versus poor.
Why Didn’t They Teach Me This In School?
Image: Amazon Digital Services
The book is a compilation of 99 financial tips that are easy to follow and hold immense value in money management. In addition, author Cary Siegel shares his insights on budgeting, buying, investing, etc.
Clever Girl Finance: Ditch Debt, Save Money, and Build Real Wealth
Image: Wiley Publications
Published in 2019, this book encourages women to take charge of their finances and achieve financial independence. Ranging from financial wellness to monitoring one’s own expenses and budgeting, Bola Sokumbi covers it all. The book is a valuable investment to facilitate your financial growth and success.
The Psychology of Money
Image: Harriman House
The book comprises a beautiful set of short stories about finances, emotions, and the mind that motivates us to establish a happier relationship with money. It teaches you to manage finances effectively. It is a lesson on how psychology can work for you and against you.
The Intelligent Investor
Image: Harper Business
This book covers various aspects like what it takes to be an intelligent investor, how it is done successfully, and so much more. The author, Benjamin Graham, has managed to inculcate crucial principles like value investing, loss maximization, and finding control over emotions while making financial decisions.
The Total Money Makeover
Image: The Total Money Makeover/Thomas Nelson Publishers
This personal finance book written by Dave Ramsey is the perfect book for anyone trying to get out of debt. The main focus of the book is on a couple who manage to pay off their debt of $52,000 in 18 months using easy-to-follow steps.
You’re So Money: Live Rich, Even When You’re Not
Image: You’re So Money: Live Rich, Even When You’re Not/Currency
If you think that finance books only teach you about money then this book is here to prove you wrong! It’s informative and completely realistic. Reading this will make you feel like you’re taking advice from a friend rather than an author.
I Will Teach You To Be Rich
Image: I will teach you to be rich/Workman Pub Co.
This is a logical, step by step and practical help book which delivers exactly what it claims. The author’s way of writing is refreshing and even funny. If you are in your 20s wondering where to start when it comes to handling your finances, then this is the book for you.
The Millionaire Next Door
Image: The Millionaire Next Door/Taylor Trade Publishing
Written by Thomas J. Stanley and William D. Danko this book is well researched and extremely logical. It provides real-life solutions to major problems as well as frugality, conservation, and economic consumption. The book is about real millionaires but that does not stop it from being real and relatable.
Your Money or Your Life
Image: Your Money or Your Life/Penguin Books
Financial independence is a must for everyone, and this book helps you in achieving exactly that! With nine steps to follow, you can achieve the financial independence of your dreams. One of the most influential books ever written on personal finance with more than a million copies sold this book is truly a classic!
The Little Book of Common Sense
Image: The Little Book of Common Sense/Wiley
The author’s points in the book about the stock market and economics are simple to understand as well as extremely interesting. This is the guide for anyone who wants to learn how to invest successfully in the stock market. It provides the simplest and most efficient ways to turn a profit while investing in stocks.
Without the right financial decisions, life crumbles down and becomes a mess. Without budgeting and money management, you never learn to live life responsibly. Each of us must remember to spend wisely and read amazing books about finance. Let’s pick our bits and pieces and live an organized life with better financial management.
How do you manage your personal finances? Tell us in the comments!