Best Finance Books for Unparalleled Success with Money

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Learning is growing.

Never stop learning.

To be fully honest, there was a period of my life that reading a book a year was truly impossible. We had young babies and other things going on that made it tough.

Looking back, I completely regret my decision of not reading books.

There is always time to read a book if you are willing to carve out the time.

So, I made the decision to read a book a month. Period.

It goes with my mantra that I have been saying for years…

Learning is growing.

Never stop learning.

Also, this list is filled of ideas for the perfect Christmas, birthday, or graduation gift!

Transform you money situation forever by adding these best personal finance books to your reading list. Get tips and ideas to change your life now and forever. #finances #books #money #moneyblissWhy Pick Up a Book?

There is plenty of free information on the Internet. Google until your heart is content and you will find tons of results.

Are the results actually what you are searching for?

Plus, there is something to be said for picking up a physical book and reading it.

The digital age is great for quick grab and go info. But, a book will exponentially expand your own personal knowledge and thinking.

And it is a good excuse to set down your phone!

Just a note… I was highly disappointed to find many of these books on the list not available at my local library.


 

 

How to Read a Book Effectively

It is one thing to read a book. It is a completely different thing to actually read a book effectively.

These personal finance books are packed with knowledge and the ability to change your life forever.

The last thing you want to do is read a really-awesome-life-changing book and not be able to remember any of the pertinent information.

So, be prepared with these tips to be successful.

1. Take Notes

As I go through any book (that I actually want to retain/reference the information again), I always take notes.

They can be quick snippets. Or full quotes of information that resonated with you.

Personally, I use my yearly planner to take notes (it is always with me). Then, I move them to a binder divided by topics. Maybe, I will eventually put them in digital files. But, for now, my system works for me.

2. Reflect on What you Read

After finishing a chapter or a few pages, reflect on what you just read.

I’ll admit this is something the hardest thing for me to do. But, if I stop and reflect, I retain key points.

How does that associate with your personal situation?

By including mental pictures, it is key for information retention. When we were paying off debt, my mental picture was a family beach vacation.

Bonus Tip: Tell someone else what you just read. Elementary kids have to do a retell after reading a book in school. As adults, we should be able to do the same.

3. Keep the Book Nearby

In order to be successful, the book needs to be in arm’s reach to pick it up.

Everyone has different places to keep a book:

  • Nightstand
  • Coffee Table
  • Car (for pickup lines or waiting on kids)
  • Desk
  • Bathroom

A book on a bookshelf is for reference!

Action is required to open a book and read it. Put it somewhere you will remember to pick it up and read. (Even if for 10 minutes.)

4. Quality is Key

My goal is to read at least one book a month.

As much as I strive to achieve my goal, it is pointless to read a book and not retain the information.

Don’t just read a book to read a book.

Sometimes the quantity of books doesn’t equate to the quality of books you read.

If you aren’t grooving with a book, set it aside and come back at another time. Or move on to a different book that resonates with you.

5. Read it Twice

Think back to school… how many times did you have to read something to fully understand it? What did your study habits look like? How did you best retain information?

Every single time you read something, watch something, or listen to something, you are guaranteed to pick up something new.

Read it twice.

Especially the really good finance books – read them twice.

6. Take Action

Okay, it great and dandy to read good finance books.

But, if you never take action, then what?

What was the point?

You have gain small tidbits of knowledge that pooled together will impact your personal finance situation.

Take action on what you just read.


 

 

Best Overall Personal Finance Books

There are over 40,000 personal finance books listed on Amazon. That is a ton!

Unless you are a super, duper speed reader, there is no possible way to get through them all.

To help you narrow down the best financial books, here are the top must read books to get you started.

1. Simple Path to Wealth by J.L. Collins

This is the #1 personal finance book I recommend all the time.

It is simple enough for anyone to comprehend. Plus, life changing for anyone’s personal finance situation.

The parables are catchy, which help every reader retain information.

The book started as letters the author wrote to his daughter while she was a young child. Unlike her dad, when she grew up she had zero interest in managing money. As the dad, he wanted to make sure she knew the basic money management skills needed to be successful long term with money.

This book is to be bought. Period.

And, this book was husband approved and motivated to take action.

This personal finance book is a simple approach to understanding the basics of money in a very complex financial world.

Not everyone loves spending all of their time managing money; this book provides the framework for financial success. This is one of the few books I actually recommend buying and keeping on hand.

Check out the Simple Path to Wealth reviews to see I’m not the only one.

2. Automatic Millionaire by David Bach

While this book is known as a great personal finance book for beginners, it is much more than that.

You get to step foot into an actual story of couple on their path to financial freedom with a very modest salary of $55,000.

This book gives you the mental picture of what you desire with your money and your life. That helped us to pay off our debt.

Many times, that is what is needed to break the current cycle and change our finances forever.

Learn the steps taken to achieve financial success with this book.

3. Your Money or Your Life by Vicki Robin

This book flows with the FI movement as well as the simply living lifestyle.

Many people are choosing their lifestyle and how they want to live.

If you are sick and tired of the day to day grind, then this book might be a game changer for you.

The financial independent retire early movement isn’t just for millennials. Read Your Money or Your Life and decide for yourself what is more important.

Check out this recently updated book in 2018.

4. Unshakeable by Tony Robbins

This is the latest book from Tony Robbins.

It is a much easier (and shorter) read than his previous best-selling book.

I would call this an advanced money book. As the focus is more on investing than starting to build a strong money foundation.

As with any investing book, there is a heavy presence on his favorite companies to invest your money. Regardless of that, there is solid investing advice throughout the book.

Also, 100% of the profits from his latest book, UNSHAKEABLE, will be donated to Feeding America. That means 1 book purchased contributes 50 meals to those in need. That is one simple way for you to give back to his cause.

If you want a more in-depth read from Tony Robbins, check out Money, Master the Game.

5. Millionaire Next Door by Thomas Stanley

If you have every wondered what it takes to become a millionaire, then this book is for you.

Pick up the seven common qualities it takes to become a millionaire.

Being an average millionaire is within the reach of everyone! Especially those who put the simple traits into action.

See for yourself why the Millionaire Next Door is the #1 best seller in wealth management books.

Check out the updated version in 2018, The Next Millionaire Next Door, by the author’s daughter that fits into today’s society.

6. Enough: True Measures of Money, Business, and Life by John Bogle

What does enough mean?

In today’s society, it is always about comparison, score-keeping and status.  When is enough enough?

In this book, the founder of Vanguard uncovers some of what is actually enough in money, business, and life.

This is a lasting testimony of a man who worked hard to achieve what he did and all the time maintaining his ethics and values.

FYI…this book is heavy on the investing realm.

7. Think and Grow Rich

This is an old classic personal finance book. While, yes, some of it is outdated. There are some sections that are timeless.

If you are trying to break out of living paycheck to paycheck, getting out of debt, and changing your family’s history with money, then you need to read this book for a change in money mindset.

If you want to achieve anything in life, you need some basic principles that aren’t taught in school. With this book, you can learn the key principles of success to get what you want.

In order to succeed with money, you must understand how desire, belief, and persistence can make a difference. Pick up your copy.

Best Finance Books for Beginners

If you ask any person older than you, they would probably say “I wish I would have done this sooner.”

These are life lessons that we had to learn the hard way.

Start today by reading one of these books and be more advanced in money knowledge than the co-worker next to you.

  1. The Simple Path to Wealth by J.L. Collins
  2. Automatic Millionaire by David Bach
  3. Your Money or Your Life by Vicki Robin
  4. Millionaire Next Door by Thomas Stanley
  5. Smart Couples Finish Rich by David Bach

Related Reading for You: How to Budget Money and Still Enjoy Life

Best Financial Management Books to Pay Off Debt

Paying off debt is essential for long-term financial success. There is absolutely no way to get around that.

Many of the best financial books speak on why debt will hold you back.

These personal finance books are more known to motivate people to pay off debt.

  1. The Money Book for the Young, Fabulous & Broke by Suze Orman
  2. Total Money Makeover by Dave Ramsey
  3. You Need a Budget: The Proven System for Breaking the Paycheck-to-Paycheck Cycle, Getting Out of Debt, and Living the Life You Want by Jesse Mecham
  4. How to Get Out of Debt, Stay Out of Debt, and Live Prosperously by Jerrold Mundis
  5. Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together by Rachel Richards

Related reading: Are You Making One of these Common Debt Payoff Mistakes?

Must Read Financial Books to Retire Early

For many people the concept of early retirement is difficult to grasp and that is okay.

These financial books are opening your eyes to the possibility of what life could look like if you changed your spending habits.

This could be the motivation needed in your personal finances.

  1. Set for Life: Dominate Life, Money, and the American Dream by Scott Trench
  2. You Can Retire Sooner than You Think by Wes Moss
  3. Your Money or Your Life by Vicki Robin
  4. How to Retire Happy, Wild, and Free: Retirement Wisdom That You Won’t Get from Your Financial Advisor by Ernie J. Zelinski
  5. How To Retire Early: Your Guide to Getting Rich Slowly and Retiring on Less by Robert & Robin Charlton

Related post for you: How to Achieve Financial Independence Retire Early (FIRE)?

Best Money Management Books for Young Adults

Adulting is hard. Even for adults.

However, be smart with your money young and you will thank yourself later.

Pick up one of this best financial books to change your money future.

  1. The Simple Path to Wealth by J.L. Collins
  2. I Will Teach You to Be Rich by Ramit Sethi
  3. You Need a Budget: The Proven System for Breaking the Paycheck-to-Paycheck Cycle, Getting Out of Debt, and Living the Life You Want by Jesse Mecham
  4. Smart Couples Finish Rich by David Bach
  5. Broke Millennial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry

Best Wealth Management Books

Many people believe they can never attain wealth. Guess what?

With that type of attitude it won’t happen!

Change your perspective on wealth and start the wealth creation process.

  1. The Simple Path to Wealth by J.L. Collins
  2. Five Lessons a Millionaire Taught Me by Richard Paul Evans
  3. Richest Man in Babylon by George Clason
  4. How to Make Your Money Last: The Indispensable Retirement Guide by Jane Bryant Quinn
  5. Millionaire Next Door by Thomas Stanley

Related Post for You: Money Bliss Steps to Financial Freedom


 

 

Best Investing Books

Investing plays a key role in accumulating wealth. Passive income is key to long term financial success and exiting the day to day grind of a job.

There are two types of people out there…

  • Those who don’t try to learn the investing game and pay a financial advisor 1% of their assets
  • Those who learn everything they can to invest their own money.

The choice is yours… But, that little 1% advisor fee can shave hundreds of thousands of dollars off your retirement next egg.

Here are the best investing books; learn from the top gurus in the business.

  1. The Little Book of Common Sense Investing by John C. Bogle
  2. Bogleheads Guide to Investing by Taylor Larimore, Mel Lindauer, Michael LeBoeuf, and John C. Bogle
  3. The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham, Jason Zweig, Warren E. Buffett
  4. Learn to Earn: A Beginner’s Guide to the Basics of Investing and Business by Peter Lynch & John Rothchild
  5. UNSHAKEABLE by Tony Robbins

Best Life Lesson Books

Let’s face it… many times, we need to adjust our life to match our money.

Whether it is habits, how we work, how we view the world, these books provide life lessons that can impact more than just your finances.

Many on this list are recently released, highly acclaimed nonfiction books.

  1. Atomic Habits by James Clear
  2. The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months by Brian Moran
  3. Essentialism: The Disciplined Pursuit of Less by Greg McKeown
  4. UNSCRIPTED: Life, Liberty, and the Pursuit of Entrepreneurship by MJ DeMarco
  5. Make Time: How to Focus on What Matters Every Day by Jake Knapp & John Zeratsky

Best Simple Living Books

The fastest way to accelerate your personal finance situation is to live within our means.

However, in our society, everything is so cheap to pick up items here and there; and still not break the bank.

Pick up one of these simple living books to change your perspective. In the end, your bank account will thank you.

  1. The Joy of Less: A Minimalist Guide to Declutter, Organize, and Simplify by Francine Jay
  2. You Can Buy Happiness (and It’s Cheap): How One Woman Radically Simplified Her Life and How You Can Too by Tammy Strobel
  3. The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing by Marie Kondō
  4. The More of Less: Finding the Life You Want Under Everything You Own by Joshua Becker (Check out his latest release, The Minimalist Home: A Room-by-Room Guide to a Decluttered, Refocused Life)
  5. Goodbye Things by Fumio Sasaki (a guy’s perspective)

 

Related Post for you: The Ultimate Guide to a Frugal Lifestyle


One of these financial books has the power to change your financial future forever.

The question is… Did you order it now?

If you did, awesome! You are one step closer to financial freedom. If you didn’t, then each day is another day wasted in obtaining money success.

Just remember…

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So, in order to be successful, you have to first read the book and then put the book into action.

Now, I am ready to get my next must read financial book delivered, cozy up, and continue the path towards financial freedom.

One book at a time.

Must read: Money Bliss Steps to Financial Freedom

Get ready for unparalleled success with money! This list of the best personal finance books will change your finances. Add them to your must read list today! #books #money #finances #success #moneybliss

Highly recommended personal finance books to start reading. These financial books will change your life and improve your financial situation greatly. Transform you money mindset with these money management books. #money #finances #books #moneybliss

The best personal finance books you need to read. This list will change your life and your money situation. Get money tips to get out of debt, save money, and reach financial freedom. #money #books #personalfinance #moneybliss

Know someone else that needs this, too? Then, please share!!

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