No matter your money goal, there’s a book for that. Whether you’re looking to improve your money management skills, shift your money mindset, or achieve financial freedom, these are the best financial books to help you get there.
Books to help you understand how to manage money…
“Get Good With Money” by Tiffany Aliche
Just starting out on your journey with managing money? This book covers basics you likely weren’t taught in school. From cultivating good financial habits to assessing the ideal way to invest your money. Oh, and the author, Tiffany Aliche (aka “the Budgetnista”) approaches every subject candidly and shares her own money wins — and mistakes.
“I Will Teach You to Be Rich” by Ramit Sethi
This book is for anyone who wants to learn about investing, saving, and building wealth. Sethi covers everything from automating your finances to saving (without skimping on what you love). So you can hit those money goals you have planned for 2022.(Psst..here’s how to set money goals you can keep.)
“Clever Girl Finance” by Bola Sokunbi
Personal finance expert Bola Sokunbi doesn’t hold back when it comes to giving practical money advice in this book. She breaks down the basics of making a budget and investing to build long-term wealth. And she talks you through real-world examples of women who have made their money work harder along the way.
Financial freedom books…
“Work Optional” by Tanja Hester
FIRE (aka financial independence, retire early) pro Tanja Hester gets into the nitty-gritty details of building a financial plan to retire early. Like how to account for health care costs and plan for unforeseen events (like a recession). In this book, you’ll find realistic advice for retiring early. Plus, tips to avoid sacrificing your current life for it.
“Quit Like a Millionaire” by Kristy Shen and Bryce Leung
Author Kristy Shen retired from her job at age 31 with roughly $1 million saved. In her book “Quit Like a Millionaire,” she shares her stories and experiences. Oh, and the financial secrets that helped her reach her huge goal. Not only is it inspirational (and aspirational), but it’s also full of pragmatic advice for anyone who wants to pursue the FIRE life.
“Your Money or Your Life” by Vicki Robin and Joe Dominguez
This bestselling classic focuses on changing your money mindset from one where you work for it to one that makes your money work for you. It touches on practical wealth-building tools. Like building multiple revenue streams and having difficult money conversations. And it’s a great resource for anyone who wants to shift their mindset around money.
Psst…if you’re looking to really take your money mindset to the next level, check out our class on the psychology of money here.
Books about money mindset…
“Think and Grow Rich” by Napoleon Hill
This personal finance classic is filled with lessons from wealthy people. Including recognizable names like Andrew Carnegie, Charles Schwab, and many more. And it’s safe to say their stories will inspire you to start earning more, saving more, and building wealth. There’s something for everyone to take from this book and implement in their own financial lives.
“The Year of Less” by Cait Flanders
Flanders talks openly about a shopping addiction that led her into credit card debt. She shares how she learned to focus on what she has — in terms of both her money and her material possessions — during a yearlong shopping ban. Her mindset shift outlined in this book is one that anyone can learn from. Whether you struggle with overspending or aspire to live a simpler lifestyle.
“The Millionaire Next Door” by Thomas J. Stanley and William D. Danko
Author Thomas J. Stanley set out on a mission to interview millionaires, and in the process, discovered a lot of common traits that the wealthy all share. He shares them all in this book. From using their 401(k)s to build wealth to driving used, affordable cars instead of flashy ones, he discovered habits that anyone at any income level can learn from. (Adds to cart.)
theSkimm
Personal finance books are great resources for learning about managing your money, changing your money mindset, and achieving financial freedom. So let that knowledge sink in so you can start watching that cash grow.
Original Article: 9 Financial Literacy Books to Read ASAP | theSkimm
