Disclaimer: This post may contain affiliate links, meaning I get a commission if you decide to make a purchase through my links, at no cost to you.
The below 7 Books we will be talking about should be in your hand or on your bed side table. As you are here I’m most definitely certain that you indeed wish to manage money differently and in a way to make you Financially Successful in your Life journey.
The books we will be talking about below will help you manage your finances better, teach you how to earn money consistently, make changes to your daily life in a positive way, learn to be disciplined in managing your personal finances. These little changes to your daily life will help you grow financially, be more successful in your Wealth Journey.
Have you ever wondered how Successful people managed money in a way that sets them apart from the rest?!
So successful people do and think about regular things differently, like most people would dedicate their time and energy religiously during their 9-5 working hours and once they leave their workplace they spend time and enjoy with family and friends.
That’s what most of us call it a work-life balance, right? which is definitely necessary to maintain your sanity (LOL), however, on the other hand,
Successful people most often have a tad different approach, they do utilize some portion of the remaining day with family, partners and/or friends but also take out “ME’ time to reflect on their life’s good and bad things, how to further improvise on the good and rectify the bad.
Without further ado, I’d like to talk about the 7 Books which every individual Must read no matter in whatever phase of life they are currently in.
1. The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness – by Morgan Housel
This book teaches you about how financial success is achieved not only by being smart, but it is about one’s behavior and perception about money. How one person perceives and thinks about money is totally different for someone else.
It talks about how one’s thoughts about money are not only about logic and math but also about pride, happiness, jealousy and fear too.
“The Psychology of Money” offers a compelling perspective on the interplay between psychology and finance. You can strive for not only financial prosperity but also emotional prosperity by integrating both. It will help you to start a journey towards a more balanced and fulfilling life.
2. Think and Grow Rich – by Napolean Hill
This book has been a “Best Seller” since it’s published. Napolean Hill has explained how you can control your life and destiny by controlling your mind. Every chapter gives details about topics like money, human nature, psychology regardless of your current profession.
Every person has their own understanding about money and its value but only gaining knowledge about it from school, university or a specialized class is not sufficient. How this knowledge we own is used practically in our daily life makes the real difference!!
This is a MUST read for all to shift our mindset in the right direction with regards to Money, you can get your copy by clicking on the below link.
3. I Will Teach You to Be Rich – by Ramit Sethi
The book I Will Teach You to Be Rich will help you explore the following:
- How Ramit (author) automates his finances so his money goes exactly where he wants it and how you can do it too.
- How to crush your debt and loans faster than you thought possible.
- How to set up no-fee, high-interest bank accounts that won’t gouge you for every penny.
- How to talk your way out of late fees (with word-for-word scripts).
- How to save hundreds or even thousands per month (and still buy what you love)
- A set-it-and-forget-it investment strategy that’s dead simple and beats financial advisors at their own game.
- How to handle buying a car or a house, paying for a wedding, having kids, and other big expenses—stress free.
- The exact words to use to negotiate a big raise at work
Do few or all the above points sound like your own concerns and issues too?! As humans we certainly have unlimited wants and desires, how to channel them in the right direction is what this book explains to you. Get your copy now!!
4. Rich Dad Poor Dad – by Robert Kiyosaki
Rich Dad Poor Dad – by Robert Kiyosaki – has been a Top Selling Finance Book for more than 20 years.
{Rich Dad Poor Dad is Robert’s story of growing up with two dads — his real father and the father of his best friend, his rich dad — and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you.}
Source: Amazon
The main Ideas explained in the book are mentioned below:
- The poor and the middle-class work for money. The rich have money to work for them.
- It’s not how much money you make that matters. It’s how much money you keep.
- Rich people acquire assets. The poor and middle class acquire liabilities that they think are assets.
- Financial aptitude is what you do with the money once you make it, how you keep people from taking it from you, how to keep it longer, and how you make money work hard for you.
The single most powerful asset we all have is our minds.
5. The Power of Habit: Why We Do What We Do in Life and Business – by Charles Duhigg
The book – The Power of Habit is an insightful exploration of how habits shape our lives and how we can harness their power to improve ourselves.
It is estimated that more than 40% of our daily actions are governed by habits. We may not be aware of it but habits control a big part of our lives.
- Habits have a powerful effect on our lives. Identify the positive ones and the negative ones.
- Habits can be ignored, changed or replaced – New habits can be installed
- Not all habits are created equal – There are keystone habits
This book is more about mental understanding of ones lifestyle, thought process to do something which may be a habit knowingly or unknowingly. Digs deeper into our brains functioning as a daily habit and how we could change the bad habits to new good habits.
Every person must read this book to analyze their habits, good and bad and how we can take charge of it by replacing the bad ones with good.
6. The Little Book of Common-Sense Investing – by John C. Bogle
The Little book of Common-Sense Investing has been called the “Bible” of the Financial Market. It gives you an insight into the best investing options to grow your money long term. John C Bogle is known as the Legendary Mutual Fund Pioneer.
The Great and Successful Warren Buffet has acknowledged and appreciated John C. Bogle’s efforts in helping millions of American people on how to invest and earn greater returns than they would ever have otherwise.
This book can help knowledgeable as well as beginners starting their investment journey in the stock market which will be fruitful if followed the right way! Get your book now!!
7. Get Good with Money: Ten Simple Steps to Becoming Financially Whole – by Tiffany Aliche
The author of this books has written about the fundamental steps to take to become Financially Whole. She is an award winner Financial Educator who was a pre-school teacher and got into a financial hole. How she adopted the 10 steps to becoming financially whole is what we get to learn and implement.
Financial literacy is not something that is taught in schools, but which should be. The point is when you get good with money and become “financially whole”, you have a lot more options then when your personal finances are in a mess.
The great thing is getting good with money is it’s not about get-rich quick schemes, or overly complicated money management systems. Instead, there are just ten fundamentals you need to master to get good with money.
