10 Personal Finance Books You Must Read

When my wife and I began learning about personal finance we spent many hours at the library reading everything we could find on the subject.

Not everything we read turned out to be useful at that particular moment in our lives, but there were many books that presented information that we could implement immediately and others that completely changed our way of thinking about money.

Anyone who’s interested in improving their financial position should start by educating themselves on the different ideas and strategies out there. And what better way than by hitting the books?

Below we’ve compiled a list of 10 books that we’ve read that we have benefitted from tremendously.

If there happens to be a book or two on this list that you haven’t read, we hope that you’ll pick it up and get some value out of it as well.

In no particular order, we have….

1) Dave Ramsey’s Complete Guide To Money – Dave Ramsey

The concept of baby steps was extremely helpful to me. Back then I knew what my financial end goal was (to be rich), but I had no strategy to go from broke to rich.

The great thing about Dave Ramsey’s Complete Guide To Money is that it breaks down the goal into actionable steps that you can implement one-by-one.

2) The Richest Man in Babylon – George Samuel Clason

The Richest Man in Babylon is a classic! The thing I loved most about this book is the style it was written in.

Ancient historical fiction meets personal finance. Love it!

George Clason gives us time-tested advice on building wealth. The fact that it was originally released in 1926 and is still talked about today put it on my to-read list immediately when I heard about it.

3) Think and Grow Rich – Napoleon Hill

Think and Grow Rich. This classic comes highly recommended by, well…EVERYONE!

Before writing this book, Napoleon Hill spent years studying the habits of several successful individuals. The principles he developed and describes in the book are amazing! 

There’s just one catch to having success with this book. You actually have to DO IT! 

4) You Need A Budget – Jesse Mecham

You Need A Budget (YNAB) is currently my favorite system for budgeting. There are many incredibly helpful things to be found in this book.

But the thing is, after learning the four-step system I felt like I should have known those things all ready. It just made too much sense not to have known it already.

Funny how that works isn’t it?

5) Rich Dad Poor Dad – Robert Kiyosaki

Ah, good ‘ol Rich Dad Poor Dad. I read this book a loooooong time ago. It’s a wonderful book that completely shifted the way I look at my assets and liabilities.

This book turned me into a huge fan of Robert Kiyosaki’s and was the gateway book that led to me buying a few of his other books. Without a doubt this is a must read for anyone serious about building wealth.

What’s that Mr. Kioysaki? The car I’ve been driving for the last 10 years isn’t an asset? Mind blown…

Related Posts: How to Develop a Wealthy Mindset.

6) Unshakable – Tony Robbins

 

Unshakable was an awesome read. With Tony Robbins you know what you’re getting. Amazingly helpful advice.

This book is great not only because it gives great investing advice and is extremely readable, but also because it’s much smaller than Money: Master the Game (I kid, I kid…Master the Game is also a great read).

7) The One Page Financial Plan – Carl Richards

The One Page Financial Plan is an easy read that’s full of financial wisdom. The first chapter alone caused me to think deeper about my money goals than I had ever done before.

I would highly recommend this book to anyone looking for a refreshing look at financial planning.

P.S. – The sketches were my favorite part of the book…

8) The Secret Language of Money – David Krueger

The Secret Language of Money is a great read for anyone interested in the psychology behind the purchases they make.

And, of course, anyone whose money always seems to get away from them might want to read up on the psychology behind their purchases.

It doesn’t present any specific budgeting strategies, but what it does do it make you aware of the many ways we try to use our money to try and achieve non-financial goals.

9) Happy Money: The Science of Happier Spending – Elizabeth Dunn and Michael Norton

Money can´t buy happiness? Well, this book begs to differ. The premise of Happy Money is that you can, in fact, choose to make purchases that will bring you more happiness.

And this book doesn’t just give one way to buy happiness, it gives you five. So you can implement one or all of the strategies to see what works for you.

It’s an easy read and definitely worth the time.

You May Also Like :  How to Become a Smart Spender.

10) Killing Sacred Cows: Overcoming The Financial Myths That Are Destroying Your Prosperity – Garrett B. Gunderson

What are some of your favorite personal finance books? If you’ve read any books that have changed the way you think about money let us know in the comments section!

Thanks!