The Best Books to Help You With Your Finances
Books are one of mankind’s greatest sources of knowledge; this is especially true when it comes to finances. There are an extraordinary amount of texts out there about everything finance-related from investing, to debt, to the economy as a whole.
Yes, you do need to spend money to buy these books (unless you borrow from a friend or the library).
However, these books are a worthwhile investment in both your financial future and your own self-development.
Money Saving Tips from Money-Smart People
Many of the books on this list are written by famous investors, business executives, and finance/accounting professionals.
Read just one of these tomes and you’ll gain invaluable financial wisdom.
Read all of them and you’ll be a personal finance whiz!
The Books
Personal Finance For Dummies
by Eric Tyson
by Eric TysonChances are, you have owned or read a “For Dummies” title. They tend to be quality guides on every topic.
This one is no different.
Inside the signature yellow cover, you’ll find pages brimming with advice on the most pertinent personal finance topics.
Eric Tyson, The author of the book, takes complex financial topics and explains them in simple terms, making it easy to grasp the information presented.
This book will teach you ways to cut your spending and reduce your debt, leading to direct improvements in financial health. You’ll also find basic investing knowledge and savings advice in the book.
It’s quite unfortunate that although finances are a critical part of life, personal finance is not taught in school as much as it should be. However, this book is a great primer on basic financial education and it provides actionable advice for improving your financial health.
For the college students and recent grads, the same author has also written Personal Finance in Your 20s and 30s For Dummies
The Total Money Makeover
by Dave Ramsey
Want a plan straight from one of America’s most respected financial coaches?
Grab a copy of The Total Money Makeover.
Within the book, Dave Ramsey explains the absolute importance of having a budget in order to get your finances on track. Without a budget, things can add up without you even noticing.
The rest of the book consists of 7 steps that you must take in order to become financially healthy. Each chapter lays out exactly how to do each step so that you can inch closer to financial health. Ramsey weaves personal success stories into his advice in order to provide the motivation required to get your ducks in a row financially.
So pick up a copy of The Total Money Makeover