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Are you looking to get rid of your debt? Or maybe you’re looking for investment tips? Perhaps you want to elevate your money-management game or gain a better ‘money mindset’ advantage. Regardless of the reason, I’m here to assure you that you’re in the right place. The books I’ve curated are the best personal finance books available on the market, and they are waiting to share nuggets of wisdom that will change your money game plan forever.
With these books, you’ll finally be able to navigate your way out of the burden of debt, learn how to spend your money wiser and learn what separates the average from the wealthy.
So, let’s explore the best personal finance books and their takeaways to get you informed fast and on the road to wealth in no time. I‘ve also included short video reviews so you can get the real scoop on these tried-and-true books.
Let’s dive in! Here are our Top 10 Best Personal Finance Books to inspire your journey!
The Psychology of Money – Morgan Housel
It isn’t about the money you have, it’s how you behave with it.
Amazon Rating: 4.7
Description of This Book
The Psychology of Money by Morgan Housel shares 19 short stories that aim to give the viewer an insider’s perspective on why certain people do what they do with money. This book says that money isn’t about what you know; it’s about how you behave with money. When it comes to the best personal finance books, Morgan promises to educate by sharing big ideas, like how everyone looks at money through their past experiences. If your stock devalued, you may be more wary when buying stock the next time, as opposed to someone fresh to the stock market.
Why Read This Book?
- Has an engaging writing style.
- Uses real-world examples to explain points.
- Focuses on the behaviors around money instead of just the technical aspect.
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Think and Grow Rich – Napoleon Hills
All wealth comes from burning desire.Think, and grow rich.
Amazon Rating: 4.8
Description of This Book
One of the first books to ask, “What does it take to become a winner?” Think and Grow Rich by Napoleon Hills promises a tour into the stories of modern millionaires and billionaires like Bill Gates, Dave Thomas, and Mary Kay Ash. Written in 1937 and updated for our day and age, it has proven models of thought, such as the “Law of Success,” that lay as a foundation for one of the best personal finance books of our time.
Why Read This Book?
- It will help change the way you think about money.
- The steps to success written within are well thought out.
- Great for personal growth.
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The Intelligent Investor – Benjamin Graham
If there’s one book you need on how to invest, this is it.
Amazon Rating: 4.7
Description of This Book
Some have come to refer to The Intelligent Investor by Benjamin Graham as the stock-market bible. It teaches about ‘value investing’ and breaks down the ins and outs of how to invest properly. Beginners can look at this book and walk away with a better understanding of the stock market and how to invest.
Why Read This Book?
- Helps you become literate in different forms of investment.
- Paints a vivid picture of what it takes to invest.
- Actionable advice that may save you money in the future.
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The 4-Hour Workweek – Timothy Ferriss
There’s no need to wait until retirement to do what you want now.
Amazon Rating: 4.5
Description of This Book
The four-hour workweek — isn’t that title catchy? The 4-Hour Workweek by Timothy Ferriss promises actionable ways to get out of waiting until retirement — you could be living the modern millionaire life now! This book is chock-full of tips and tricks to get you from point A to point B and ways to navigate negotiating with your boss or clients.
Why Read This Book?
- Outlines realistic goals that line up with your lifestyle.
- Can be applied to business and personal life.
- Has insightful tips on productivity.
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Rich Dad, Poor Dad – Robert Kiyosaki
How two dads shaped the author’s view of money in a positive way.
Amazon Rating: 4.7
Description of This Book
If you ever wanted the inside secrets to those millionaire households, or if you ever wanted to pretend like you’re getting advice from your rich dad, this book is for you! This timeless book of over 25 years has been made number one in the personal finances section — and for good reason. This book offers timeless messages about money, as money plays an ever-crucial role in our lives.
Why Read This Book?
- Includes helpful information and lessons about life.
- Caters to all levels of expertise.
- Offers practical advice and takeaways.
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Also Read: How to be Financially Stable: Take Control of Your Finances in Three Easy Steps
The Total Money Makeover – Dave Ramsey
Sacrifice now so you don’t have to sacrifice later.
Amazon Rating: 4.7
Description of This Book
If you’re looking for great books on personal finance, look no further than The Total Money Makeover by Dave Ramsey. This little bundle of goodness promises to do away with the pie-in-the-sky fantasies other financial books offer. Instead, Dave promises to unveil ways to get out of debt using the Snowball method and ways to be financially fit. This is one of my recommended personal finance books that I’m so excited to share.
Why Read This Book?
- Gives realistic goals.
- Offers easy and simple steps to success.
- Demystifies certain concepts about money.
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The Millionaire Next Door: The Surprising Secrets of America’s Wealthy – Thomas J. Stanley
Wealth is a behavioral science, and this book proves it.
Amazon Rating: 4.6
Description of This Book
If you ever thought wealth could be boiled down to a science, you’d be right! In one of the best books on personal finance, Dr. Thomas Stanley discusses the seven common traits that show up in wealthy people time and time again. Since its first publication in 1998, it has been updated, ensuring it is just as relevant now as it was over twenty years ago.
Why Read This Book?
- Examines the habits of those who are wealthy and how they live.
- It separates those who spend flashy and those who are truly wealthy.
- Offers timeless advice that is actionable.
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I Will Teach You to Be Rich: No Guilt. No Excuses. Just a 6-Week Program That Works – Ramit Sethi
Getting rich and losing weight are freakishly similar, and this book shows you how.
Amazon Rating: 4.5
Description of This Book
A hallmark of good personal finance books is anything penned by Ramit Sethi. This gentleman is considered to be a guru — a genius in the ways of money. I like this book because it offers unique, actionable ways to master your money. For example, it offers word-by-word scripts that help you get out of late fees.
Why Read This Book?
- An exceptional read, which is hard to put down.
- Offers well-thought-out and well-proposed advice.
- Calls out many myths about money, saving, and spending.
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The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime! – MJ DeMarco
You can choose to get rich slowly, or get rich quickly.
Amazon Rating: 4.6
Description of This Book
For personal finance books in Canada, this one hits the mark. I like this book because it drives home the idea that there are two lanes in life — the slow lane and the fast lane. Most people are on the slow lane to wealth, hoping to retire when they’re 65. But MJ DeMarco has a radically different approach, which he calls the ‘fast lane’ to wealth, along with the real law of wealth.
Why Read This Book?
- Offers relevant information to help you set up a business plan.
- Ideal for someone who wants to change their life.
- Has formulas to help increase your success.
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Also Read: What is Personal Finance? The Ins and Out of Your Money and Your Future
The Simple Path to Wealth: Your road map to financial independence and a rich, free life – J L Collins
Debt is like leeches; it is a terrible occurrence that you should begin scraping off as soon as possible.
Amazon Rating: 4.7
Description of This Book
J L Collins has been described as a fatherly wizard who helps you on your path to wealth, and I like this analogy. This is one of the best personal finance books for beginners due to its clear, concise language and easy-to-understand formulas. With J L Collins, you’ll explore why debt must be avoided, what the stock market truly is, and how to invest properly.
Why Read This Book?
- It can help those who are scared of money and investing.
- Enjoyable writing style.
- It uses small chapters and simple language and stays interesting.
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Conclusion
I just want to take a moment here and congratulate you. The fact that you’re searching for the best personal finance books is already a step towards transforming your life and your finances.
Here at Nestonomics, we strive to provide you with resources that will make a real difference in your life and finances. I’ve chosen all these books based on the valuable principles they teach. Plus, they’ve already proven helpful to millions of readers around the world!
I invite you to sit down with a cup of your favorite hot drink, pick a book, and start changing your life for the better. I really hope it will make your personal finances more beautiful to behold and easier to manage.
What is your favorite personal finance book? Let us know in the comments below!