Not all readers are leaders, but all leaders are readers.Harry Truman
If you want to be normal, don't bother with these books. Financially speaking, normal is broke, scared, and unprepared. I don't know about you, but I want more out of life than that. I want to enjoy life now, yet prepare for a better future. Reading from a variety of perspectives has given me the knowledge and tools to spend wisely, invest in the future, and believe that I'm capable of winning with money.
Here are 7 must-read books to change your personal finances. These 7 books provide the basic knowledge needed to win with money. They teach practical approaches and considerations. Add them to your personal reading list and change your life.
This was one of the very first financial books I ever read. It is a great starting point for almost anyone. Dave Ramsey keeps it simple, with practical advice and real-life examples. This book helped my husband and I get out of debt and start saving for our future. Dave's strategies may be extreme (no credit cards?!), but they are simple and proven to work.
What you think about millionaires is probably wrong. The media, your family, and your broke friends have probably told you that it is pretty much impossible to build wealth in this day and age. Though starting to age a bit, this book shows you just how wrong that notion is. Most millionaires are self made, as in they didn't win the lottery or inherit wealth from their rich uncle. Read about the surprising life of America's truly wealthy people.
Comparing ourselves to others is the most damaging money habit we can have. With social media we've become accustomed to seeing the highlight reel of our friends, family, coworkers, and celebrities. It is easy to think that they are all enjoying life more than you. This book teaches 7 money habits for living YOUR life and LOVING it.
Part of the struggle with money is our perception of it, where it comes from, and how to get more of it. If you don't believe that you can win then you won't. It is truly that simple. This books helps break through some of those mental barriers and shows you that we can all think differently about money and potentially earn more of it.
This may seem like an odd pick to include on a list of personal finance books. Yet, if you don't set personal boundaries you won't know when to say yes and when to say no. Saying yes more often than you should makes it nearly impossible to make any financial progress.
How do you picture your ideal retirement? Are you doing anything to make that a reality? Chris Hogan lays out simple methods and effective examples to show you that your dream retirement is within reach and that you need to start working towards it right now.
This book is not directly about personal finance. Instead it is about becoming a better, more effective person. This famous book teaches you how to improve yourself. As you improve yourself you'll not only get more control over your finances, but probably make more money too!