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How many times have you wished you had a little more money? Or secretly decided to rob your rich friend who frequently tells you that money can’t buy happiness? Well, for most of us, the answer is around a hundred times a day! With the world growing to be more and more materialistic and people judging you for your financial status. Being rich or at least financially stable has become the top priority.
The thing to understand is that most of the millionaires the world has seen were not born with a silver spoon in their mouths. Instead, they possessed such traits and habits that led them to wealth. To learn about these traits and strategies, what can be more helpful than a friendly book. Here we present you 10 most influential personal finance books that you should read.
1. WHY DIDN’T THEY TEACH ME THIS IN SCHOOL?
When Cary Siegel realized that his children are not getting the right monetary education in their schools. He decided to write this famed book. “Why Didn’t They Teach Me This in School: 99 Personal Money Management Principles to Live By”. The purpose of the book is that the children can better handle their finances. The book is not only helpful for high-school individuals. It also is equally valuable for adults as one can never get too old to learn. 99 principles may sound a lot to learn, but Siegel smartly summarized the principles into 8 major lessons. The content is simple and thought-provoking so that the readers can easily understand. He did not bore his readers by lecturing them on money management. Instead, the book is simple, precise, and interesting to read. This book is a must-have for all the youngsters and adults wanting a secure financial life!
To buy this book influential personal finance book, click on the website.
2. RICH DAD POOR DAD
Since its release 20 years earlier, “Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!”. The book has been at the top of all personal finance books around the globe. The writer, Robert T. Kiyosaki, takes the reader through his childhood recollections and shares lessons he learned about money and finance. In his book, Kiyosaki tends to change the narrative of money by guiding how to control money. And not letting money control you. He does so by comparing his not-so-rich father with his friend’s father. Who got to be one of the richest people in Hawaii. The book is fairly written for kids as well as they can relate to the writer and learn financial lessons for life!
To buy this influential personal finance book click on the website.
3. MILLIONAIRE NEXT DOOR
After years of research on millionaires, William D. Danko and Thomas J. Stanley ended up writing their book “The Millionaire Next Door: The Surprising Secrets of America’s Wealthy” in which they concluded that the key to accumulating wealth is to be minimalistic and avoid being extravagant. There is no point in working arduously for hours and then spending your hard-earned money on meaningless and overpriced things. The solution to financial problems is to save the most and spend wisely on necessary things only. The book points out 7 key traits that have been found common in the millionaires of all time. The book is an inspiration for all those seeking financial stability in their lives.
To buy this influential personal finance book, click on the website.
4. THINK AND GROW RICH
One of the essentials to handle financial situations is to have the right perspectives. This implies that one needs to have a different approach to the concept of being rich. Riches are not only measured in terms of money. It can include various meaningful things such as one’s family, loyal friends, and peace of mind. This book “Think and Grow Rich”, by Napolean Hill, deals with this philosophy and influences its readers to have a healthy and pragmatic approach towards money and success. Written in 1937, just after the period of the Great Depression in America. This book inspired many individuals to gain financial wisdom and get through their tough times.
To buy this influential personal finance book, click on the website.
5. THE TOTAL MONEY MAKEOVER
Written by the money expert himself, Dave Ramsey’s book “The Total Money Makeover: A Proven Plan for Financial Fitness” was meant to be a success in which he shares some financially successful life stories. The book targets to help out debt-ridden individuals struggling to get financial freedom. While most of the tips and tricks roaming on social media about handling finances are impossible to implement in real life, Ramsey gives very genuine and practical lessons to his readers to get out of their loans. He pops the dream bubbles of lavish lifestyles and gives his readers a reality check. This book is a must-read for all those in financial troubles.
To buy this influential personal finance book, click on the website.
6. AUTOMATIC MILLIONAIRE
If you are someone dreaming of a bulky bank balance, this book “The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich” by David Bach has got your back! David provides his readers with a one-step plan towards achieving their financial dreams. He does so by walking you through a couple’s life story of getting rich without being too hard on themselves. In his book, David reveals the secret to financial freedom and prosperity and that too without the hustle of budgeting. He also shares useful phone numbers and websites meant to help his readers secure their financial future by a one-time work, the rest follows automatically!
To buy this influential personal finance book, click on the website.
7. SECRETS OF SIX-FIGURE WOMEN
Specifically targeting the women of this generation, Barbara Stanny has penned down this hit book called “Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life”. After careful research, Barbara learned that the women these days are changing trends and are rising to earn more than they used to. To find out how, she interviewed high-earning women coming from different spheres of life having different expertise, and pointed out common characteristics found in these inspiring women. Although the book is meant for aspiring women, the other gender can equally take advantage of this book to get inspiration and financial advice.
To buy this influential personal finance book, click on the website.
8. RETIRE BEFORE MOM AND DAD
As the name of the book suggests, “Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom” focuses on early retirement and how to make that possible. The book has been authored by the Deputy Editor of Forbes, Rob Berger. In his book, he has paved way for those who seek financial independence and want to retire early in their life. All of this without any hint of boredom! Rob explains his principles along with interesting facts and experiments that the readers can easily carry out, learn, retain, and implement in their daily lives. This book is a guiding source to make sure that your finances are on track.
To buy this influential personal finance book, click on the website.
9. THE FINANCIAL DIET
Perfect for the budget beginners, “The Financial Diet: A Total Beginner’s Guide to Getting Good with Money” by Chelsea Fagan is essential for people stepping into their professional lives. The book talks about a variety of money-related tasks ranging from bank balance handling to kitchen budgeting. Chelsea brings the reader’s attention towards making smart monetary choices when buying clothes, groceries, and even in relationships, which, in one way or another, add to your financial health. The book is not just about budgeting, it also educates you about different investment strategies to make you free of all financial worries. This book is a perfect gift for all young enthusiasts making way to the outside world.
To buy this influential personal finance book, click on the website.
10. YOUR MONEY OR YOUR LIFE
The book has been a huge success and many scholars recommend this to put financial lives on track. This influential book named “Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence” has been written by Vicki Robin. The book comprises of a 9-step strategy guaranteed to bring financial prosperity. The contents of the book also encompass modern-day finance topics making it more valuable and up-to-grade. On top of that, Vicki opens the way for a happier and contented life by refusing the meaningless hoarding of money. Instead, she believes in choosing a happy life over miserably-earned money – hence the name of the book.
To buy this influential personal finance book, click on the website.
Managing your money can be demanding and annoying at times. But with the right knowledge and plan of action, one can tackle financial issues and even achieve set financial goals. To help do that many authors have shared their knowledge and expertise in this regard in the form of books. Here we have shortlisted 10 personal finance books for you to select from. The books are provided with their descriptions so that you can have a better idea of what the book is about. Also, the books are provided with links where you can buy them and learn your way to financial success.
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