7 books on personal finance to give to friends who want to get ahead

Looking for the perfect gift for your loved one? Clothes and gadgets may go out of fashion, but knowledge is eternal, especially when it’s knowledge that will benefit a bank account. These books will allow you to offer your friends and family personal finance expertise – and while there are an endless number of websites, influencers and apps to help you manage your money, few are up to the experience of diving into a well-researched book.

We’ve compiled some of the best personal finance books for all audiences. This includes books for new investors, young adults, single earners, and everyone in between. Some are personal favorites and some are from Amazon’s bestseller list, some are brand new and some have stood the test of time. You’ll even find a few that aren’t all about money, but they’re all great reads filled with interesting financial lessons.

Amazon

One of your favorite New Year’s resolutions is to start investing, but what does that actually entail? Look no further than The Bogleheads’ Guide to Investing, the perfect manual for investors of any age or experience level. Embracing the investment wisdom of Vanguard founder John C. Bogle, this irreverent guide will teach you how to avoid Wall Street pitfalls and beat the market.

Amazon

Originally published in 1996, this compilation of research on American millionaires is still enduring. It debunks the myth that “wealthy” equals “high income” and highlights the importance of living below your means. Nearly two-thirds of America’s wealthy are first-generation wealthy, and this book can teach financial advice on how to budget and invest your money.

Amazon

If you’re on personal finance TikTok, you may have seen this entry on your For You page, so you know this will make a both timely and relevant giveaway. Kiyosaki’s premise is that you can get rich regardless of how much you earn – it’s all about making smart decisions about your money. Aimed at parents, this book will help you better understand your money so you can teach your kids how to start managing their finances. Since most schools don’t teach personal finance, this is a useful tool designed to help you educate your kids about money and financial responsibility.

Amazon

It may be 2021, but women who make more money than their spouses may still feel taboo. This book is the perfect gift for any woman who brings in the lion’s share of a household’s income. It covers professional and personal topics to create the ultimate guide for any modern woman looking to successfully navigate money, career, family and relationships. CNET Editor at Large Farnoosh Torabi incorporates personal stories and startling statistics while offering insightful advice not just for single- and high-income women, but for all couples who are merging or maintaining their lives together.

Amazon

This New York Times bestseller details a simple and effective six-week program for building financial skills, covering topics ranging from credit cards to automatic bank accounts. I’ll Teach You How to Be Rich is for readers in their 20s and 30s who are overwhelmed with the world of personal finance and don’t know where to start. His straightforward approach and helpful tips will eliminate any confusion and help you get your finances in order with minimal hassle.

Back Bay Books

Outliers has been a perennial favorite since it was published in 2008. Gladwell asks the often overlooked questions: What sets successful people apart? What are the circumstances and opportunities behind the glitz of success?

From the 10,000 hour rule to the importance of “practical intelligence”, Gladwell encourages you to turn away from the appearance of success and instead think about how success is achieved. An intellectual journey for readers of all ages, Outliers is an analytical insight into the tools, secrets and habits used by successful people. We’d call it must-read — after all, success in personal finance can be tied to accomplishments in other areas of life.

Amazon

Women live in a world with unique financial needs: they tend to have less savings for retirement, be more conservative investors, and view money in terms of impact on family and community. It’s time their financial advice reflected this disparity. Eleanor Blayney, Certified Financial Planner, offers practical, easy-to-follow advice that revolves around two goals: achieving a high level of financial literacy for women and creating forums for women to discuss the best financial practices and distributing wealth. It’s the perfect gift for any woman in your life who wants to develop her financial literacy.

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