How to win your money game.
When it comes to personal finance, there are so many books out there that can help you get started. From saving for retirement to dealing with debt, you might be wondering where to start.
This is why we’ve put together this list of the best personal finance books for beginners.
Table of Contents
The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey
This book is one of the most popular personal finance books of all time, having sold over 2 million copies to date.
It’s filled with simple, actionable steps that can help you achieve financial fitness, and it’s a great book for anyone who wants to get out of debt, start saving for retirement or anything in between.
The book is based on a true story of how Dave Ramsey turned around his personal finances.
If you are looking for an easy way to save money and get out of debt, then there is no better book than The Total Money Makeover by as it gives you simple steps to accomplish your goals and set your finances on the right track.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin
“Your Money or Your Life” is an informative, interactive book written by Vicki Robin and Joe Dominguez.
The book was published in 1992 and it still is a best seller for a reason. It has sold over a million copies and has been translated into 17 languages.
It provides a five-step process to help the reader make financial choices that will make them happier. The book goes through the steps of establishing your net worth, creating an Emergency Fund, creating a specific savings goal, paying off your consumer debt, and investing money.
The Richest Man in Babylon by George S. Clason
The Richest Man in Babylon’ is an inspirational and motivational book written by George S. Clason and first published in 1926.
The book is now in the public domain and is widely available, as well as being freely translated into many languages.
This a great financial planning book, that consists of 13 chapters which challenge the reader to take charge of their financial life. Each chapter ends with a parable, followed by an explanation of the parable.
The explanations provide the reader ways to achieve financial independence through wealth building. These wealth building lessons are all based on attaining financial freedom through saving money, paying yourself first, and living below your means.
In this book, Clason explores the seven stages of moneymaking and discusses the type of thinking that leads to financial success.
Based on the author’s own experience, the book is a self-help guide to making money and living a happy life.
Clason believed that a man could be wealthy only if he was healthy, happy, and satisfied with life. He believed that health was an important reason for prosperity because it promoted happiness, which led to success in various aspects of life.
Reading this book will teach you many lessons about achieving financial freedom; some of which you may have never thought about before.
Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki
“Rich Dad, Poor Dad” is a popular personal finance book written by Robert Kiyosaki.
The book was first published in 1997, with an updated version in 2000. The book has sold millions of copies around the world. It has been translated into more than 20 languages.
This book describes the differences between the way rich people think about money and the way poor people think about money.
“A must read book for Entrepreneurs, Investors and people who want to be successful in life” is the title of the bestseller by Kiyosaki, an entrepreneur himself.
He explains why most people are destined to be poor, despite having earned a degree, working hard, and making good money. This book will help you understand why some people are rich, while most people are poor; how to change your mindset towards money; how to acquire wealth; how to become rich; and most importantly, why most people end up poor after working all their lives.
The Automatic Millionaire: A powerful one-step plan to live and finish rich by David Bach
The #1 New York Times bestselling book, The Automatic Millionaire, by David Bach, reveals the strategies and steps to take to become an automatic millionaire.
With over 15 million copies sold, It has spent over 230 weeks on the “New York Times” bestseller list and has been translated into more than 20 different languages.
It is a must-read for everyone and anyone who wants to become and live rich for life.
This book is a practical guide to help you create your own financial freedom. It is designed to help you set your financial freedom goal, prioritize your spending, create a plan to pay off debt, and save for your future.
According to this book, becoming an automatic millionaire is as easy as following these steps: being really good at what you do and working really hard to get there.
The book’s main aim is to help people get out of the rat race and retire early. The author, David Bach, uses his own life experiences to enlighten people on how to be financially free. He has an inspiring story about how he became a millionaire at the age of 35.
The Bogleheads’ Guide to Investing by Larimore, Lindauer, and LeBoeuf
“The Bogleheads’ Guide to Investing” is a thorough, comprehensive book that will introduce you to the world of investing. It opens the door to a world where investing is not just about which funds to invest in and how much, but about how one should make investing a part of life.
This easily accessible guide provides an insight to the investment management philosophy of John C. Bogle, founder of The Vanguard Group and creator of the world’s first index mutual fund.
This guide is the definitive reference on the practical application of Mr. Bogle’s investment philosophy. While there are many investment books on the market today, this one is truly unique—it was created and endorsed by the “Bogleheads,” a group of ardent fans of Mr Bogle.
In this book, you’ll find information about how to invest at any stage of your life, from those who are just starting out to those who are nearing retirement. The advice in this book is very actionable and it’s based on research.
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas Stanley and William Danko
The Millionaire Next Door is an influential book by Thomas J. Stanley, Ph.D., and William D. Danko, Ph.D..
The book was first published in 1996, and has sold over 2 million copies.
The authors were inspired by the observation that many people—even professionals—are clueless about investing. They have heard about mutual funds, but are unaware of what they are or how they work, so they invest in whatever their friends do, or whatever seems hot at the moment.
Similarly, “How to make money online” is one of the most searched phrases in the world today. It is the dream of everyone to make money online, but how do you make money online? This is a question that has been asked by many people.
Thomas J. Stanley and William D. Danko explore the ambiguity that comes with making money, investing, and saving. The book was written based on thorough statistical research that was conducted on the habits of people who are considered wealthy in America.
It is an interesting book that explains how most people who are rich are not the stereotypical rich.
They are not the people who have inherited their money or even got their money from an early age. The book also explains that most of the wealthy are relatively frugal.
They don’t spend money on lavish lifestyles. Instead, they save their money and invest it. The book also discusses the various ways to invest money and the importance of financial literacy to become wealthy.
Your Money Map: A Proven 7-Step Guide to True Financial Freedom
Personal Finance is an important part of every person’s life. Whether you are young or old, personal finance is something that concerns all of us. It is not something that can be avoided. And if you’re like most people, the idea of personal finance makes you feel confused and worried.
Your most valuable financial asset is your income, and your income is directly related to your most important financial resource – your time.
This is why it is critical that you not only understand what you are doing with your money but also how it affects the time and freedom you have in your life.
The seven steps to financial freedom, detailed in this book, are the foundation of every successful financial strategy. If you master these steps, you can achieve financial freedom in your lifetime.
If you are one of the millions of people who is stuck in the paycheck-to-paycheck cycle, struggling to make ends meet month after month, this book is for you.
Final Word
Achieving financial freedom and security is not a matter of luck – it is a matter of choice. Personal Finance Freedom will help you take control of your life and financial situation by walking you money principles outlined in the above books that will transform your financial future. The goal is to help you leverage your money in order to build lasting wealth.
Our extensive list on the THE TOP 30 BEST PERSONAL FINANCE BOOKS FOR 2021 provides amore detailed resource on personal finance books that will help you achieve your desired goals.
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