The 5 personal finance books you should read in 2021

It’s almost the New Year, so it’s time for resolutions!

If your goal is to be more financially savvy in 2021, if you are just curious about how you can make better money moves, or if you want a useful gift that you can give to your friends and family, check out my favorite personal finance books:

The classics :

Some financial advice is urgent, but the fundamentals of making good financial decisions are timeless.

“Why Smart People Make Big Money Mistakes and How to Fix Them”

Gary Belsky & Thomas Gilovich (1999)

Originally published in 1999, this book is packed with lessons in behavioral economics, the science of financial decision making. It takes an in-depth look at the ways we spend, invest, borrow and waste money from a psychological perspective.

This book has had a place on my shelf for twenty years and I recommend it to everyone.

Buy it here.

“The Millionaire Next Door: The Surprising Secrets of Rich Americans”

Thomas J. Stanley and William D. Danko (1998)

This book is a New York Times bestseller

NYT
For a reason.

Millionaires don’t just happen. This book reviews the seven common traits that the richest people have in common, and they may not be what you think they are. By understanding and implementing the ideas in this book, anyone with income has the opportunity to increase their wealth.

Buy it here.

New versions

“The behavioral investor”

Daniel Crosby (2018)

I probably sound like a broken record now that I’ve recommended this book on my podcast, in previous articles, and even in my own book. This is how I feel strongly about it.

This book examines the role psychology plays in the art and science of investment management, and examines all the different factors (sociological, neurological, and psychological) that determine our own decisions about money. It’s a fascinating read and not too complicated to understand.

Buy it here.

“Women with Money: The Non-Judgment Guide to Creating the Joyful, Less Stressed, Useful (and, Yes, Rich) Life You Deserve”

Jean Chatzky (2019)

If there’s someone I recommend as often as Daniel Crosby, it’s Jean Chatzky.

Talking about money is never comfortable, and there is an additional taboo for women. In this book, Jean Chatzky uses interviews with successful women to explore our relationship with money, the ways we can control it, and how we can use our money to create the life we ​​want to live.

Buy it here.

“Don’t retire… Graduate! “

Eric Brotman (2020)

You didn’t think I would forget my own book, did you?

My latest book acts as a guide to get you from where you are right now to where you want to be – financially independent. Broken down like a college program, each lesson offers an additional credit assignment that will allow you to actively work toward financial freedom and take action to achieve your goals.

Buy it here.

The views expressed in this commentary are those of the author and do not necessarily reflect those held by Kestra Investment Services, LLC or Kestra Advisory Services, LLC. This is for general information only and is not intended to provide specific investment advice or recommendations to an individual. It is suggested that you consult your financial professional, lawyer or tax advisor regarding your personal situation. Comments on past performance are not intended to be forward-looking and should not be taken as an indication of future results.

Securities offered by Kestra Investment Services, LLC (Kestra IS), member of FINRA / SIPC. Investment advisory services offered by Kestra Advisory Services, LLC (Kestra AS), a subsidiary of Kestra IS. Brotman Financial Group, Inc. and BFG Financial Advisors are not affiliated with Kestra IS or Kestra AS.

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