If you’re interested in tackling your personal finances, personal finance books are an excellent resource. They can teach you about a variety of financial topics, from budgeting and investing to mortgages and other loans and retirement, annuities, and insurance. There are also audiobooks available on personal finance, which are a great way to learn more. In addition to reading them on your own, you can borrow them from your local library. And while you’re at it, why not read the book and listen to the audiobook version?
Dave Ramsey’s “I Will Teach You to Be Rich”
I Will Teach You to Be Rich is a do-it-yourself guide to building wealth. The 2009 New York Times best-seller is packed with practical advice for today’s millennials on how to get out of debt, build credit, and increase net worth. Although it does not contain the latest stock tips, it does provide some useful guidance on how to make money last.
Using a system allows you to make money-saving decisions guilt-free. While changing your spending habits requires hard choices, the system makes the process less painful. In reality, most people don’t start saving until their forties, so it is critical that you’re ready to change that. If you’re like most Americans, it’s likely that you’ll be working for many years before you’re ready to retire and begin saving for your retirement.
Brian Portnoy and Joshua Brown’s “I Will Teach You to Be Rich”
This book focuses on experiences, rather than the accumulation of money. The author spent years living frugally, but then began investing the extra money he earned to become financially independent. The author argues that delayed gratification is not worth sacrificing experiences for material goods. Moreover, you should spend money more freely when you’re young, rather than later on.
While the book’s title hints at wealth, it’s far more important to focus on how to live below your means and how to make your money grow. It teaches readers to pay themselves a small percentage of their income, invest and experiment with money to find what works for them. The book also encourages readers to avoid debt and invest wisely.
Jen Sincero’s “Tackle Financial Problems”
If you’ve ever wished that you could make more money, Jen Sincero’s “Tactics for Tackle Financial Troubles” can help you. Sincero, a bestselling author, speaker, and financial guru, started out by living on Taco Bell. But after several years of overcoming financial problems, she transformed herself into a highly sought-after speaker and bestselling author. She now travels the world sharing her money-saving wisdom with other people.
In “You Are a Badass at Making Money,” Jen Sincero addresses your money mindset and relationship with money. She uses her personal experiences as examples throughout the book.
The book offers many examples and motivational exercises to get you motivated. You’ll also learn how to recognize opportunities that come your way and take them with both hands. With so many strategies to help you conquer financial issues, you’ll soon become a badass at making money.
Peter Lynch’s “Beating the Street”
If you’re considering investing in the stock market, you should read Peter Lynch’s “Beating the Street.” This book will teach you how to beat Wall St. pros and make money. One of Peter Lynch’s key principles is that amateur investors should not invest in companies that they cannot explain to a fifth grader. Instead, you should buy undervalued companies that have high growth potential. This book will help you understand how to invest in a company that is undervalued. The author’s investment philosophy is grounded in sound investment advice. His ‘long-term’ investing strategy involves considerable hands-on research. The advice he provides is practical and useful, and his books offer a comprehensive look at the market. Lynch encourages investors to invest in stocks they believe in and wait for them to grow. This strategy is particularly effective if you are unsure about the direction of a company.