Top 10 Books You Need to Read About Money

If you're looking for great books to recommend about money—whether for building wealth, managing finances, or investing—there are some incredible reads out there. Here are a few of my top recommendations:

1. "Rich Dad Poor Dad" by Robert Kiyosaki

This classic book is often the first introduction to financial education for many people. It focuses on the importance of financial literacy, asset-building, and the difference between assets and liabilities. Kiyosaki shares lessons learned from his two "dads"—his real father (Poor Dad) and his best friend's father (Rich Dad)—about how to achieve financial independence.

Why It's Great: It's accessible for beginners and helps shift the mindset from traditional job security to entrepreneurship and investing.

2. "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko

This book is based on a study of wealthy individuals in the United States. It reveals that many millionaires don’t live flashy lifestyles, but instead practice frugality, live below their means, and make wise investment decisions. The book focuses on habits and behaviors that lead to wealth rather than income alone.

Why It's Great: It dispels myths about wealth and shows that anyone can build wealth through smart financial decisions and discipline.

3. "The Intelligent Investor" by Benjamin Graham

If you want to dive deep into investing, "The Intelligent Investor" by Benjamin Graham is often considered the bible of value investing. Graham teaches timeless investment principles that emphasize long-term strategies, understanding the market, and minimizing risk. Warren Buffett, one of the richest investors in the world, credits Graham for influencing his approach to investing.

Why It's Great: This book provides foundational investing knowledge and principles that can help investors navigate the stock market intelligently and successfully.

4. "You Are a Badass at Making Money" by Jen Sincero

Jen Sincero brings a more motivational approach to personal finance with a focus on mindset. She encourages readers to believe in their ability to build wealth and provides practical advice on how to make more money and overcome self-limiting beliefs.

Why It's Great: It’s a fun, inspiring read that combines personal finance with a dose of empowerment. Perfect for those looking to shift their mindset around money.

5. "The Total Money Makeover" by Dave Ramsey

Dave Ramsey offers a step-by-step guide to getting out of debt, saving money, and building wealth. His plan involves living on a budget, cutting expenses, and using a method called the “debt snowball” to pay off debts systematically.

Why It's Great: It’s straightforward, practical, and highly actionable. Ramsey’s principles have helped millions of people take control of their finances.

6. "Atomic Habits" by James Clear

While this book isn't solely about money, it focuses on how small, consistent changes can lead to significant improvements in life, including financial habits. By changing your daily habits and routines, you can set yourself up for long-term financial success.

Why It's Great: It’s an excellent choice for anyone looking to transform their financial habits, whether it’s saving, budgeting, or investing.

7. "The Psychology of Money" by Morgan Housel

This book delves into the behavioral side of money, exploring how people think about wealth, risk, and happiness. Housel focuses on the importance of patience, long-term thinking, and avoiding common psychological traps that can hinder wealth-building.

Why It's Great: It’s an insightful read that helps you understand not just the mechanics of managing money, but also how emotions and psychology affect financial decisions.

8. "Financial Freedom" by Grant Sabatier

Grant Sabatier's book is geared towards people looking to achieve financial independence and retire early (FIRE). It’s packed with strategies for saving, investing, and making smarter money moves, all geared towards the ultimate goal of financial freedom.

Why It's Great: It offers actionable advice for anyone looking to retire early or build wealth faster. It’s perfect for those focused on the FIRE movement.

9. "Principles: Life and Work" by Ray Dalio

Billionaire investor Ray Dalio shares the principles that helped him build Bridgewater Associates, one of the largest hedge funds in the world. He goes beyond financial advice, offering life and work principles that can guide anyone in their financial journey.

Why It's Great: It’s not just about money—it’s about life philosophy and decision-making, making it an insightful read for both personal and financial growth.

10. "The Simple Path to Wealth" by JL Collins

This book is a fantastic guide to personal finance and investing, especially for those looking to take a simple approach to managing their money. JL Collins emphasizes the importance of low-cost index funds and long-term investing to build wealth.

Why It's Great: It’s straightforward, and it focuses on the basics of investing and wealth-building, making it easy to understand for beginners.

These books cover a range of approaches—from practical steps for paying off debt and investing, to mindset shifts that can help transform your relationship with money. Whether you’re just starting out or already on your financial journey, these books offer invaluable insights into building wealth and achieving financial freedom.😀


10 Books to Read about Money

If you're looking for great books to recommend about money—whether for building wealth, managing finances, or investing...

10/30/20243 min read