Want to DIY Your Finances? Read these Personal Finance Books – In this order!
R&D here! A quick note, there are affiliate links to books we recommend in this blog. With that said, we only plan to share books with you that are at the heart of our mission to make you a better person.
The Richest Man in Babylon
Unlike any other personal finance book out there! This book is an easy and quick read but packs a punch. It’s a great place to start and we highly recommend it for young adults starting on their personal finance journey.
Set in ancient Babylon this book delivers timeless financial advice through parables, or short stories, with lessons to be learned about proper money management. If you like The Alchemist by Paulo Coelho – you’ll like this!
The Millionaire Next Door
As the title suggests, the millionaires in this book don’t “look” the part, they look like everyday people with no glitz or glam, wearing blue jeans and driving a used pick-up. What this book teaches and makes it so powerful is that, more important than how they look is how they act!
Packed with stories, anecdotes and useful insights from everyday millionaires, this book gives a detailed look at the habits and behaviors of “normal” people who have built lasting wealth and legacies!
Rich Dad, Poor Dad
A staple in personal finance and real estate communities! Rich Dad, Poor Dad is another easy to read book that will change the way you think about money management, investing and leveraging debt. Using the power of storytelling, Robert Kiyosaki shares the importance of building your financial intelligence, making your money work for you, and investing in cash-producing assets.
I Will Teach you to be Rich
If you only read one book from this list, read this one! Ramit Seti makes reading and talking about money fun while teaching you how to build a complete financial system that gets you to your goals and keeps life simple. With actionable steps throughout this book alone can help you change your financial life. We’re also big fans of the balance Ramit encourages his readers to find while they build their rich life, enjoying the present while preparing and saving for the future.
Curious about the FIRE (Financially Independent Retire Early) movement? This book is for you! Author, Grant Sabatier, shares his personal experience of going from completely broke, to Millionaire in five years. This book will shift your mindset and get you to start thinking outside of the box as you build a life free from a 9 to 5! What we find so refreshing about his approach is that while he accomplished his financial goal of FIRE in a short period of time, he encourages others not to do it that way, but to take their time and try to enjoy the journey more. We couldn’t agree more, Grant!
Think and Grow Rich
After you’ve laid the groundwork, or your financial foundation so to speak, it’s time to build wealth. This book will help you do just that by teaching the power of having the right mindset, and practicing the mental habits necessary to reach your full potential, achieve your goals and grow rich! This book has you thinking outside the box and brings some next level ideas to the table. It might take a while for a lot of the teachings to make sense, but give it time. The concepts here are potent!