Improving your personal finance game is as important as it is necessary. For starters, you need it if you’re going to build wealth at any stage in your life. Alongside that, it’ll help you to plan your finances properly such that you won’t lack money when you need it the most. Essentially, it sets you in a rather comfortable position where it becomes difficult to wish you had done better.
However, as with anything that has the word “improve” preceding it, making your personal finance better is an almost endless process. As rich as Jeff Bezos is, even he still has to put in work to get more money. For that reason, we can confidently say that you need all the help you can get. So, here are five books that’ll help you improve your personal finance game.
The Richest Man in Babylon by George S. Clason
Written in the early 20th century, this book remains an inspiration to many people. While it is quite old, it is still reputed to have sold millions of copies. The author uses faux-biblical parables to emphasize his points, and honestly, we couldn’t have done it better. One of the best quotes from the book is, “Budget thy expenses that thou mayest have coins to pay for thy necessities, to pay for thy enjoyments and to gratify thy worthwhile desires without spending more than nine-tenths of thy earnings.”
Rich Dad, Poor Dad by Robert Kiyosaki
This book is regarded as one of the most popular financial books of this century. The things that make this book particularly appealing are the real-life, practical examples that Robert Kiyosaki keeps throwing our way throughout the book. According to him, a dropout who spends below his earnings is significantly smarter than a professor who doesn’t and still can’t make ends meet.
The Total Money Makeover by Dave Ramsey
This is certainly not as old as the very first book on our list. But, the writer isn’t exactly a 20-year old either. With a pretty successful radio show alongside other bestsellers, Dave Ramsey has been able to understand money, how it works, and how you can go about it such that you don’t have to spend the better part of your life in debt. While it wouldn’t give you the secrets to investing in the biggest companies in the world such that you’ll become richer than Jeff Bezos and Elon Musk combined, the book still provides a great foundation for you to manage your money such that retirement isn’t the hell some make it out to be.
If you’ve read up to this point, it’s possible that you’re just a major book lover. In that case, you should consider checking out our recommendations for self-development books. You can do so by clicking here. Trust us when we say that these aren’t the regular, boring types of books.
The Automatic Millionaire by David Bach
Initially published in 2004, this book has sold more than 1.5 million copies after spending about 31 weeks as New York Times Bestseller. It was written by an author with about three other bestsellers, and it is an excellent book if you’re looking to build wealth. With little to no unnecessary details, this book drives home the point perfectly.
Broke Millennial by Erin Lowry
The full title is a bit more of a mouthful, but as the name suggests, the book is targeted towards younger people who are looking to sort out their financial lives. If you’re a young guy who falls into this category, Erin Lowry simplifies things for you in this book by providing smart and motivating chapters to help you get your personal finance in order, despite your young age.
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