Topics such as personal finance, investment, saving and increasing personal wealth are topics most people are interested in. One of the easiest and most convenient ways to learn more about how to get ahead financially often comes in the form of a book.
So what are some of the best finance books to read?
The Wealthy Barber
Even though this book was published in 1995, it stays relevant and is a timeless classic. Written by Dave Chilton, the book follows characters as they learn about personal finance while talking about it in a barber shop. People who are in their mid to late 20s are in search of answers to their financial questions from the small town barber-Roy. Even though he doesn’t look it, he’s wealthy.
Roy shares his common sense tips on personal finance and financial planning, such as:
- Pay yourself 10% of each paycheque first
- Get insurance
- Write up a will
- Get a mortgage for a place and pay it off quickly
- Be cheap
The Millionaire Next Door
Written by Thomas J. Stanley and William D. Danko, The Millionaire Next Door is a great read if you’re looking to learn simple tools about personal finance, making this one of the best finance books out there.
The book summarises seven key characteristics that explain how the elite club of America’s millionaires became rich. It’s a great book because it talks about personal finance. It helps readers develop good habits right from the beginning.
I will teach you to be rich
Ramit Sethi’s book offers a six week personal finance program for 20 to 35 year-olds who want to master their money. What makes it a great read is that it’s funny, educational and full of exact “how-tos”.
The Automatic Millionaire
David Bach’s book preaches “pay yourself first”. It also offers practical advice on simplifying your finances.