Six Personal Finance Books Everyone Should Read


[ad_1]

At Lifehacker, we independently select and write things that we love and think you will like, too. We have affiliate and advertising partnerships, which means we may collect a share of the sales or other compensation from the links on this page. BTW – prices accurate and items in stock at time of posting.

In the sacred words of American poet Gertrude Stein, whoever said “money doesn’t buy happiness” was shopping in the wrong store. However, building wealth takes a considerable amount of skill, especially if you don’t have tons of disposable income.

These personal finance books offer strategies for everything from creating a budget and getting rid of debt to learning how to be rich in your kids.

The following books were recently recommended by the financial experts at Business Insider. They will prove to be a must have for anyone who is struggling to save money, whether you are looking to get into the home market, or just want to stop living from check to check. We’ve also included links to purchase each book, some of which are 25% off or more!


Orman will show you how to avoid being abused when purchasing life insurance.

Ten years ago, Suze Orman, America’s most famous financial expert, transformed the way we all think about personal finance with her groundbreaking work “The 9 Steps to Financial Freedom”. This hit New York Times blockbuster broke with traditional money management books by looking at finances from a whole new perspective, advising people to approach money from an emotional perspective in order to to achieve their financial dreams. By emphasizing the psychological and spiritual power of money in our lives, while including information on all aspects of our daily financial activities, Orman has helped millions of people break down the barriers that hold them back. She’s now our nation’s foremost personal finance expert, and here’s the book that started it all.

Orman is back in a brand new, fully updated edition of “The 9 Steps to Financial Freedom,” his personal finance classic that offers thoughtful, easy-to-follow steps to a life of financial freedom. Here is the most recent information on a wide range of financial topics that plague us today: credit card debt, bankruptcy, education payments, wills versus trusts, the best retirement account, life insurance, and more. Combining real-life recommendations with Suze’s own brand of inspiration and motivation, this is the only guide you’ll need to provide for yourself and your family.

As Orman shows, money management is about more than balancing your checkbook or choosing the right investments. It’s about redefining financial freedom and realizing that you are worth more than your money. Let America’s leading personal finance expert show you how.


Picture A simple and straightforward game plan to correct your financial habits.

The Total Money Makeover, written by David Campbell, is a book about something we all secretly desire: financial freedom. The mere thought of being completely financially independent makes us shudder with excitement. This book could help many people, especially today when we live in societies where making money is mandatory and “the importance of spending it” is even more mandatory. But the mere thought that there is a way to be fully independent financially makes people wonder, and if they stumble upon a book like The Total Money Makeover, their excitement and thrill increases even more.

So, is it possible to be financially independent? Is it possible to finally have a “normal” life without debt? Are there any tips for making more money for less? This question and many others are contained in our next chapters.


Picture Kiyosaki describes the important money lessons he learned from important people in his life.

Rich Dad Poor Dad is the story of Robert growing up with two fathers – his real dad and his best friend’s dad, his rich dad – and how the two men shaped his thoughts on money and investing. . The book explodes the myth that you have to earn a high income to be rich and explains the difference between working for money and making your money work for you.

In the 20th anniversary edition of this classic, Robert provides an update on what we’ve seen over the past 20 years in the world of money, investing, and the global economy. Boxes throughout the book will take readers fast – from 1997 to today – as Robert assesses how the principles taught by his wealthy father have stood the test of time.


Picture A revised version of the original “Think and Grow Rich” from 1937.

Think and Grow Rich has been called the “grandfather of all motivational literature”. It was the first book to boldly ask, “What makes a winner?” The man who asked and listened to the answer, Napoleon Hill, is now numbered himself among the first ranks of the world winners.

The most famous of all successful teachers has spent “a fortune and most of a lifetime of effort” to produce the “Law of Success” philosophy which forms the basis of his books and which is so powerfully summed up. In this one.

In the original Think and Grow Rich, published in 1937, Hill draws on the stories of Andrew Carnegie, Thomas Edison, Henry Ford, and other millionaires of his generation to illustrate his principles. In the updated version, Arthur R. Pell, Ph.D., a nationally recognized author, lecturer, human resource management consultant and expert in the application of Hill’s Thought, skillfully interweaves anecdotes on how contemporary millionaires and billionaires, such as Bill Gates, Mary Kay Ash, Dave Thomas and Sir John Templeton, have realized their wealth. Outdated or obscure terminology and examples are faithfully updated to avoid any obstacle to a new generation of readers.


Picture This personal finance book offers tips for budgeting, understanding investments, and managing credit.

The Financial Diet is the personal finance book for people who don’t care about personal finances. Whether you’re in need of excessive drug rehab, buried in student debt, or just trying to figure out how to live on an entry-level salary, The Financial Diet gives you the tools to budget, understand investments and manage your credit. Chelsea Fagan has brought in a whole range of experts to help you make the best choices for you, but she also knows that being smarter with money isn’t just what you bank. It’s everything from the clothes you put in your closet, and your financial relationship habits, to the food you put in your kitchen (instead of re-ordering). The Financial Diet therefore gives you the tools to negotiate a raise and the perfect cocktail recipe to celebrate your new salary.

The Financial Diet will teach you:
– how to get good with money in a year.
– the ingredients that everyone needs to have an economical kitchen.
– how to talk about awkward money stuff with your friends.
– the best way to make (and stick to!) A budget.
– how to take care of his house like an adult.
– what does it mean to invest (and how you can do it).


Picture Lowry shows readers step by step how to go from broke to financially savvy.

If you’re 20 or 30 short on cash, it’s easy to panic over finances. But you are not doomed to spend your life drowning in debt or being mystified by money. It’s time to stop scratching and take control of your money and your life with this nifty and intelligent guide.

Broke Millennial shows you step by step how to go from bankruptcy to financial badass. Unlike most personal finance books, it doesn’t just cover boring things like credit card debt, investing, and dealing with the dreaded “B” word (budgeting). Financial expert Erin Lowry goes beyond the basics to tackle tough money issues and situations most of us face #IRL, including:

– Understand your relationship with moolah: do you treat it like a Tinder date or wedding material?
– Manage student loans without having a complete panic attack
– What to do when you are with your team and you can’t afford to split the bill equally
– How to get “financially naked” with your partner and know his “number” (debt number, of course). . . and much more.

Filled with simple, refreshing advice and hilarious true stories, Broke Millennial is the essential roadmap every financially distraught millennial needs to become a master of money. So what are you waiting for? Let’s go #GYFLT!


You can view more recommendations at Business intern.

[Via Business Insider]

[ad_2]

Leave a Reply

Your email address will not be published.