Money, despite its importance, is never taught in school. Without the basic knowledge of money, taxes, or managing personal finance matters, most adults are searching in the dark. This is where personal finance books can help you in becoming better at money. It can teach you basics- how to make a budget, how to manage debts efficiently, and how to make use of credit cards. They also teach you lessons on investing, saving for retirement, and developing a healthy money mindset. Personal Finance books can transform your relationship with money by making you smarter and letting you learn from the experts. Here are some of the best personal finance books for your reference:
Why Didn’t they teach me this in School?
An interesting read written by Cary Seigel, the book ‘Why Didn’t they teach me this in School?’ teaches what you wish you had learned in school. The book is divided into eight money lessons, which give the reader insight into what to do and what not to do with their money. The book is a fairly easy read and is designed for new graduates entering the new world of work and money and provides the foundation necessary to start their financial journey on the right foot.
I Will Teach you to be Rich:
Written by the financial expert Ramit Sethi, ‘I Will Teach you to be Rich’ takes you on a unique journey with experiences from his personal life that teaches you important money lessons. The book offers guidance on credit cards, negotiation, and investing. The New York Bestselling Author doesn’t shy away from depicting stories of his negotiating and bargaining skills and also provides you with a game plan to avoid all the common financial pitfalls.
Clever Girl Finance:
Clever Girl Finance is a definitive guide for women on financial success. Despite all the development we have achieved, the world hasn’t still moved on from the bizarre ideas that make women get paid less. The book written by Bola Sokunbi, founder of ‘Clever Girl Finance’ empowers women of all generations to take responsibility for their financial well-being. The book is an ultimate guide on creating budgets, managing credit, and creating positive spending habits.
The Psychology of Money:
Have you ever inspected your money mindset? Unless you are born into a family that instilled positive money mindsets and encouraged healthy money habits, you, like everybody else, need to introspect your money stories. ‘The Psychology of Money’ is a culmination of short stories that dive into how your beliefs can affect your decisions on money. If you are looking to change your limiting beliefs around money, this is the book to read.
Your Money or Your Life:
The book written by Wall Street stock analyst, ‘Your Money or Your Life,’ offers a nine-step plan for transforming your relationship with money. The book offers guidance on how you can enjoy your money without putting at stake your security. You will learn lessons on how to get out of debt quicker, start saving for yourself and start investing. The book helps you to reach financial independence by altering your money attitude.
