Introduction
Having a great personal finance strategy is a big part of being a successful hustler.
As part of the best books series, I also want to feature some personal finance books that are extremely good reads.
If you’re not only looking to read personal finance books, check out our recommended books.
Top 10 Personal Finance Books To Read
1. Think & Grow Rich By Napoleon Hill
One of my top 13 books of all time. This book comes highly recommended as the author dives deep into the mindset and behaviours of the most successful people.
Even though this book doesn’t lay out a financial plan for you unlike some of the books in this list, it remains a must read because of the important lessons on a successful financial mindset.
2. Secrets Of The Millionaire Mind by Harv T. Eker
The tips in this book is very actionable with exercises and stuff. If you read this book and complete these exercises diligently, you will already have a financial goal all planned out. If you’re struggling with basic personal finances, definitely read this book.
3. Money : Master The Game by Tony Robbins
I’m sure you’re not a stranger to Tony Robbins. This is essentially a book on investing like the pro hustlers (Ray Dalio, John Bogle, Warren Buffett, etc). If you’re interested to find out the surefire to profit from investing (for real), read this book.
Get Money : Master The Game in Print | Audiobook (CD) formats.
4. The Snowball : Warren Buffett & The Business Of Life by Alice Schroeder
The only biography ever about the greatest investor of our time. Glimpse into the mind of Warren Buffett. Get insights on how he views life, family, consumerism and of course – investing in this very well done biography by Alice Schroeder.
The Snowball will endow you with timeless financial wisdom and proper business ethics that aren’t taught in any educational institution.
5) Rich Dad Poor Dad by Robert Kiyosaki
Personally, this was one of the first books I’ve read in my life and I am thankful for it. This book encapsulates the difference in employer vs employee mindset in a very palatable story.
Most importantly, this book will also change the way you view personal assets. For example, if you own a residence and stay in it, it is not an asset because it doesn’t generate revenue. All in all a good read for those of you just beginning your financial journey.
6. The Total Money Makeover: A Proven Plan For Financial Fitness by Dave Ramsey
Dave Ramsey is brutally honest when he tells you: “It won’t be easy, but it’s worth it.” If you follow his work, you’ll know that his motto is “Stay out of debt, pay cash when you can”.
This book covers a personal finance management system that anybody can follow. Think of it like a fitness plan, and it’ll bring you from zero to hero.
There’s also the workbook version for those you who like pencilling things down.
7. The Richest Man In Babylon by George S. Clason
Money was first developed as a simple system of trading value. The earliest people who’ve used money were Babylonian. This book dispenses old (but still relevant) money practices through ancient parables 8,000 years ago.
While not as actionable as some of the books in this list, The Richest Man In Babylon is a truly interesting read.
8. The Millionaire Next Door: The Surprising Secrets of America’s Rich by Thomas J. Stanley & William D. Danko
Ever wondered what habits the super rich have that you don’t? This books dives deep into the psyche and lifestyle habits of super rich Americans so that you can emulate their successes.
Tons of good insights on the behind the scenes of everyday American millionaires. You’ll be shocked at what you discover in this book.
9. The Little Book of Common Sense Investing by John C. Bogle
The author, John C. Bogle is one of the best investors of his time. He argues that unless you have a significant advantage when it comes to investing in stocks, you’re going to have a hard time outperforming the market in the long run. He also says that passive mutual funds will outperform active mutual funds most of the time.
John C. Bogle is the father of low cost index funds. He started the revolutionary Vanguard ETF Funds to make index investing accessible to the general public and retail investors. Read this book to find out more.
10. The Intelligent Investor by Benjamin Graham
Even though the writing style of the author needs some getting used to (the book was written in 1949 – wow), there are extremely value gems in here on value investing – which happens to be Warren Buffet’s investing style of choice. Other than strategy, he also covered the correct investment mindset every investor should be having.
If you’re new to investments, definitely check out this book because the author breaks everything down for the layman.
Rounding Up
If you’re just starting out, you don’t actually need to read all of them. Reason being, some of these books have overlapping themes. Pick out the best ones that you think will help you be a better manager of your own finance – implement the learnings and watch your money grow.
Check out this page for more book recommendations.