8 Financial Books That Will Change Your Life

Top Financial Books

Personal Finance Books

Finance is an important field of study, especially if you are an entrepreneur or you want to step your business up a notch. Financial management helps the organization determine how to monitor huge funds, continuous transaction, daily cash flow, etc.

Financial trends keep on changing, which is why one has to stay up to date. And reading books and going through websites will definitely help you become well-informed. If you are looking an assignment help on financial topics, you can refer to the books mentioned below. And once you are done writing, be sure to proofread the paper using spell checker tools online.

You can check out:

  1. Smarter Investing: Simpler Decisions for Better Results

There is just so much to learn in finance. And the author Tim Hale presents a realistic financial scenario in this book. He backs up his statements and thoughts with evidence.

Reading this book will help you work smarter with your money, work out how much you need to reach your ideal future. You will also learn how to avoid making the same mistakes other investors made. Hence, the book provides the readers with clarity and confidence needed to take full control of their financial futures.

Also Read: Personal Finance Books for Beginners

As per the statistics, 8% of the US citizens are of the opinion that they will not recover from the recession. Reading this book will definitely help in changing the mindset.

  1. The Automatic Millionaire: A Powerful One-Stop Plan to Live and Finish Rich 

This is a book that provides straightforward facts, trends and events without going into too many details. Authored by David Bach, the book delivers what it promises: a one-step plan.

At first glance, the book might seem like a fiction. You get to read about the success story about a couple earning a modest income but own two mortgages. This involves significant retirement savings and free homes. However, Bach changes the tone and pace of the story.

He explains a simple one-step process that will put you in this couple’s shoes. And no, it does not involve earning six figures or budgeting. He has previously published three other bestsellers. Hence, you can trust his explanations in this book.

  1. Investing Demystified: How to Invest Without Speculation and Sleepless Nights

The book has been penned down by Lars Kroijer, a Danish entrepreneur and former hedge fund manager. If you find the task of investing to be a daunting task or you lack insight into it, then this is the book for you. The book shows that comprehending investing is easy, and Lars explains the terms in a simple way, refraining from too many jargons.

The book is an enjoyable, concise read that’s not short on information. The author highlights his experiences beautifully in this book. He strongly argues against hedge funds and advocates for a passive investment approach instead. You will find the logic to be rational and sensible.

This book is invaluable for those who are worried about investment performance. And it is also for those who want to know how high commissions and costs may be to blame.

  1. The Random Walk Guide to Investing

This book is primarily written for beginners. Authored by Burton G. Malkiel, the book is not complex or filled with investing jargon. Thus, it is perfect for anyone who is starting his or her journey in the finance world. The author takes the mystery out of personal finance by outlining his own ten-point plan for success.

Also Read: Best Books for Finance Professionals

His main advice is to invest in indices, and he also focuses on investing for retirement. The ten rules that he highlights involve hard work, keeping a steady course, matching the portfolio to your personality. He also talks about diversity, bowing down to the wisdom of the market, and much more.

The readers are of the opinion that one gets to know good, sound advice. As a result, 29% of the Americans are saving more than a year ago, as per the reports published by the Millennials.

  1. The Total Money Makeover

The Total Money Makeover by Dave Ramsey is all about money and finances. Rumor has it that when Dave Ramsey speaks, people sit up and listen, and with good cause. He has written people sit up and listen, and with good cause. And he is also the host of the successful radio program, The Dave Ramsey Show.

In the edition, “”The Total Money Makeover Classic Edition: A Proven Plan for Financial Fitness,” consist of a few Dave Ramsey rants. He tackles budget-busters like marital difficulties and how to foot the bill when your kids head to college.

The book offers a solid foundation for saving enough money so that the next life emergency won’t derail your finances and you can retire comfortably. He does not provide a get-rich-quick scheme, and he tells you how to pay off your debt so that you can get there.

  1. Secrets of Six-Figure Women

More women are making six-figures today, and their incomes continue to increase at a faster rate than men. The author Barbara Stanny conducts an investigation and beautifully presents her understanding and observation in this book.

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She interviewed high-earning women of various professional backgrounds and found that they had certain characteristics in common. And she penned them down in her book. Thus, this is the perfect book for working women who want to ensure their wealth and success.  They can also learn and get inspiration from other successful women.

  1. You are a Badass at making Money

Published in 2017, the book highlights the current market condition and trends. The author Jen Sincero takes more of a financial angle than the first bestseller. The book being “You Are a Badass: How to Stop Doubting Your Greatness and Start Living an Awesome Life.” The book is candid and funny, and the readers enjoy poring through the write-up.

People usually chuckle and roll their eyes, and if you are like most people, you’ll recognize yourself and your habits in its pages. The book is loosely based on Sincero’s personal experiences as she emerged from her salad days to living prosperously.

The book is written to help you nix the financial habits that hold you back and introduce some simple, easily understandable concepts. The techniques will help you improve the way you handle your money.

  1. The Millionaire Next Door

People think money is the first criterion in order to become rich or a millionaire. However, they miss out that it requires hard work, patience and intelligence. Would you believe it when I say that only 32% of the families maintain a household budget? Staggering, but true figures. Well, William D. Danko and Thomas J. Stanley’s book “The Millionaire Next Door” addresses this issue.

Also Read: Top Personal Finance Blogs to Follow

They have explored the seven common traits found among millionaires. And they provide a detailed insight on how to accumulate wealth. After years of research, they found that most of the millionaires do not own fancy cars or aim for an extravagant lifestyle. Quite contrarily, these people acquired most of their wealth by working hard, living frugally, and saving most of their money.

Thus, the book captures the true lifestyle of the millionaires, who do not desire high profile job, degree or flashy objects.

If you go through these books, you will have a strong understanding of the financial concepts. Also, let us know some of the most interesting financial books that you have gone through.

About Sashi 586 Articles
Sashi Singh is content contributor and editor at IP. She has an amazing experience in content marketing from last many years. Read her contribution and leave comment.

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