5 Best Books to Learn About Personal Finance
Want to get begin your journey to financial wellness but don't know where to start? These 5 landmark personal finance books will give you the foundation you need to make a transformative financial change in your life. Learn from the successes, and more importantly, the mistakes of others so that you can avoid the common pitfalls. There's something in here for people at every stage in their financial journey. Whether you're a high school senior looking to build credit and start investing, tens of thousands of dollars in debt, or simply someone who wishes their college had prepared them with real world financial skills, these 5 books will teach you what you need to know.
Author: Dave Ramsey
Learning how to manage your finances takes commitment, determination, and the ability to get past your emotions. Dave Ramsey's groundbreaking "Total Money Makeover" changed the way that many Americans approach money and gave people the confidence they needed to start paying off their debts and saving. "The Total Money Makeover" is a true life guidebook to personal finance and true inspiration that can change your life, one debt at a time.
The Total Money Makeover is one of the bestselling personal finance books of all time. More than 9 out of 10 readers say that the book was a life-changing experience. The success of the book is due to how well it teaches and motivates readers.
Want to get begin your journey to financial wellness but don't know where to start? These 5 landmark personal finance books will give you the foundation you need to make a transformative financial change in your life. Learn from the successes, and more importantly, the mistakes of others so that you can avoid the common pitfalls. There's something in here for people at every stage in their financial journey. Whether you're a high school senior looking to build credit and start investing, tens of thousands of dollars in debt, or simply someone who wishes their college had prepared them with real world financial skills, these 5 books will teach you what you need to know.
This is the classic text by Thomas J. Stanley and William Danko. The purpose of the book is to answer the question of what causes millionaires to exist, as well as the secret to their success. The book discusses how people who make a million dollars or more per year in the US, live and why they do so. There is a great deal of good information in the book, and it's true to its title. The book has sold well over 15 million copies in the US alone. What makes the book so amazing though, is that it has been embraced by the well educated. At the center of the book is the fact that you don't need millions to become a millionaire. There is a lot of really good financial education in this book and has been for decades.
More than just a money management and budgeting guide, The Wiseblood Framework explains why you should think of your money as your most precious asset and why you should always think about investing in yourself in order to achieve your full potential. You are your most important asset. Invest in yourself and you will reap the future dividends in your personal, financial, and professional endeavors.
The best place to start is with the biggest personal finance bestseller ever written, I Will Teach You to Be Rich. The book is a simple and straightforward introduction to how people in nearly every country have more wealth than they do poverty, and Warren Buffett is one of the few living examples who doesn't have a single debt to his name. After having a frank discussion about his personal finances, Buffett gave readers a few pieces of advice. The first is to simply make the tough decisions, and always live within your means. The second is to save for the things you want, because by all means you shouldn't spend money you don't have. Finally, Buffett told readers that he hopes one day every person reading this book has a minimum of ten thousand dollars in their retirement fund.