The 10 best personal finance books of 2021

Looking for a good money-themed book for your summer reading? Here is our short list of the best personal finance books for 2021.

Bankrate’s 10 Best Personal Finance Books for 2021

  • “The Millionaire Next Door: The Surprising Secrets of Rich Americans”, by Thomas J. Stanley and William D. Danko
  • “How To Make Your Money Last: The Indispensable Guide to Retirement,” by Jane Bryant Quinn
  • “A Random Walk on Wall Street: The Proven Strategy for Successful Investing,” by Burton G. Malkiel
  • “Why Smart People Do Dumb Things With Money: Overcoming Financial Dysfunctions”, by Bert Whitehead
  • “All You’re Worth: The Ultimate Lifetime Money Plan,” by Elizabeth Warren and Amelia Warren Tyagi
  • “The Smart Investor: The Definitive Book on Value Investing,” by Benjamin Graham
  • “Bunny Money (Max & Ruby)”, by Rosemary Wells
  • “Spend Well, Live Rich: How To Get What You Want With The Money You Have,” by Michelle Singletary
  • “Broken Millennium: Stop Scratching and Put Your Financial Life Together,” by Erin Lowry
  • “Get a Financial Life: Personal Finances in Your Twenties and Thirties,” by Beth Kobliner

“The Millionaire Next Door: The Surprising Secrets of Rich Americans”, by Thomas J. Stanley and William D. Danko

Who should read this book:

Anyone who wants to build healthy financial behavior.

Why the book made our list:

Being rich doesn’t mean being flashy. In fact, it is the opposite. This book reveals that many well-off people are reluctant to buy the more expensive cars and take the most exaggerated vacations, opting instead for a disciplined approach to their money. It turns out that being a millionaire relies more on being thrifty.

“How To Make Your Money Last: The Indispensable Guide to Retirement,” by Jane Bryant Quinn

Who should read this book:

Those looking to build wealth through sound investment advice.

Why the book made our list:

If you have questions about how to maintain your investments in retirement, this book has the answers. With thoughtful details on how to reduce income from Social Security, investments, and more, Quinn shows how to create a recurring paycheck that will keep you living comfortably until retirement.

“A Random Walk on Wall Street: The Proven Strategy for Successful Investing,” by Burton G. Malkiel

Who should read this book:

Anyone (especially business students) who wants to understand how the stock market works.

Why the book made our list:

If you are new to investing, this book presents a great plan for success. Malkiel details various investment strategies, including ‘smart beta’ investing (which combines the benefits of passive investing with the benefits of active investing strategies) and seeking opportunities in emerging markets. The reader will have a comprehensive overview of the complex world of investing.

“Why Smart People Do Dumb Things With Money: Overcoming Financial Dysfunctions”, by Bert Whitehead

Who should read this book:

Readers who wish to adjust their financial behavior towards a more sustainable future.

Why the book made our list:

Maybe you haven’t paid off all of your credit card debt each month, or maybe you haven’t contributed to a retirement savings account. No matter how smart you think you are, you’ve probably made a mistake with your money. This book suggests that the error of your ways can be attributed less to your wallet and more to your mind.

“All Your Worth: The Ultimate Lifetime Money Plan”, by Elizabeth Warren and Amelia Warren Tyagi

Who should read this book:

Those looking for practical advice when developing a budget.

Why the book made our list:

Warren and Tyagi emphasize the importance of balance when it comes to managing your money by putting together a step-by-step guide that can help you spend more of your finances on saving, paying off your money. debt and developing a promising financial future.

“The Smart Investor: The Definitive Book on Value Investing,” by Benjamin Graham

Who should read this book:

Readers who want to understand the risks and rewards of investing.

Why the book made our list:

This book is the gold standard of investing. You will learn the importance of value investing, which allows investors to develop long-term strategies. And with up-to-date information from financial journalist Jason Zweig, readers will understand long-term values ​​and how they can fit them into today’s financial landscape.

‘Bunny Money (Max & Ruby)’ by Rosemary Wells

Who should read this book:

Children looking to learn the basics of personal finance.

Why the book made our list:

The story of this children’s book is about rabbits Max and Ruby trying to give their grandmother a birthday present. As they leave, they encounter a series of adventures that deplete their money supply. In the process, children learn about the impact of their decisions on the money they have.

“Spend Well, Live Rich: How To Get What You Want With The Money You Have,” by Michelle Singletary

Who should read this book:

Readers who want practical advice on how to manage their money.

Why the book made our list:

Singletary recounts the “7 Money Mantras for a Richer Life” that she learned from her grandmother. These mantras may be simple in nature, but they provide a solid foundation for anyone hoping to develop healthy financial behaviors. The book makes the difference between wants and needs and why you should sweat the little things.

“Broke Millennial: Stop Scratching and Gather Your Financial Life,” by Erin Lowry

Who should read this book:

Any millennial who needs to learn the basics of money management and how to avoid common financial mistakes.

Why the book made our list:

Lowry creates a plan you can use to move from living a paycheck to achieving your financial goals. She delves into the thought process behind making financial decisions such as “Do you think of your money as a Tinder date or a wedding?” By providing relevant information and relevant stories, this book gives people in their 20s and 30s the foundation they need to make better financial decisions.

“Get a Financial Life: Personal Finances in Your Twenties and Thirties,” by Beth Kobliner

Who should read this book:

Those in their twenties and thirties seeking advice on managing their finances.

Why this book made our list:

This book covers all aspects of personal finance, from filing income tax and investing, to strategies for improving your credit scores. Kobliner creates a guide that encompasses all aspects of your financial life, with practical suggestions you can use to build a financial future that helps you reach your goals.


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