4 personal finance books that changed my relationship with money for the better

welcome to Personal finance Insider, a bi-weekly bulletin that connects you with the stories, strategies and advice you need to better manage your money.

Here’s what: the books I’m currently obsessed with

I am a book lover. You can find me reading no less than three books at a time. Usually one is a novel and the other two are non-fiction.

One of the cheapest ways to mentally download a ton of information on a particular topic is picking up a non-fiction book. And there is no shortage of books on my favorite subject: personal finance.

I’ve read dozens of books on money, and many of them have been helpful in teaching me the basics – how to save, invest, and budget. But today I want to share with you four books that have given me a whole new understanding of my relationship with money. Here are my current obsessions:

  • Brian Portnoy’s “The Geometry of Wealth” is full of ideas that inspire me to think about how I can use money to shape my ideal life. It brings lessons from other disciplines – history, neuroscience, and philosophy – to illustrate how everything in life relates to money and how we can use it to our advantage.
  • Morgan Housel’s “The Psychology of Money” begged me to think about how we behave as investors, savers and employees. It takes what we assume to be true about money and turns it inside out. I am always ready for a new perspective.
  • “We Should All Be Millionaires” by Rachel Rodgers is a new book, released last spring, that got me hooked from the beginning. Rodgers’ financial ambition is contagious, and his ideas are inventive and fully actionable. This book reminded me to never sell myself short.
  • Ramit Sethi’s “I Will Teach You To Be Rich” has been a favorite for years. It was first published in 2009 and updated a decade later. In addition to very useful tips for newbies in investing and money management, Sethi introduces the concept of building a “rich life” for yourself and how to identify and overcome your money problems. It’s still relevant.

Good reading!

-Tanza Loudenback, Personal Finance Insider Correspondent and Certified Financial Planner

PS My time at Insider is coming to an end – it has been a pleasure to share my thoughts on money with you over the past year. Going forward, Personal Finance Insider Editor-in-Chief Stephanie Hallett will be writing this newsletter.


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Stories you might have missed

5 strategies an entrepreneur used to go from $ 41,000 a year to a multimillionaire in his thirties

This is a taste of the inspiring advice you’ll find from Rachel Rodgers in “We Should All Be Millionaires, one of the books I recommend at the top of this newsletter.

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Insider contributor Katherine McLaughlin opened two separate spending checking accounts after realizing that just because she was “good” with the money doesn’t mean she had a good relationship with him.

I travel to the US full time on $ 90,000 per year following some smart money rules

Angie Colee, a trusted coach who works with entrepreneurs, hopped on Airbnb while working for the past nine months. She explains the financial measures she has taken to take the plunge and how she is maintaining it.

5 challenges I took on with my husband to save $ 2,500 more in 2021

If you’re looking for ways to increase your savings account before the end of the year, here are some simple ideas that worked for Insider contributor Jen Glantz.

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