Like books about religion, books about finance are very important because it is a major part of our life. Our lives are dependent on it. Poor want to become rich and the rich want to become more rich. However, we often see the poor becoming more poor and the rich more rich. There are multiple reasons, yet management plays a crucial role in this. Besides, psychology also shapes our financial status.
We have a number of people in history who overcame this struggle of becoming rich and are living luxurious lives. Different writers have tried to write on various principles and examples from history to help others win their struggle. Similarly, many writers have tried to educate people with more practical steps and models than schools and colleges. So, to enhance the knowledge of readers about finance we have made a list of best selling financial books , which will take you to the next level. So what are you waiting for, dive in and pick your favorite.
8 life-changing books about finance
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
April 11, 2017
One of the best personal finance books of all time,Rich Dad and Poor Dad is the story of Robert, living with his real father and his best friend’s father. The book highlights the thinking of rich and poor people about money and investment. The author explains why the rich are rich and poor are poor. It underscores an important message that to be rich you don’t need high pay, it is about the management. The book also touches upon the psychology of both classes. If you want to improve your thinking and advance your financial status, then this book is for you. Written in narrative style, it is an interesting pick from the finance reading list.
2. The Intelligent Investor:The Definitive Book on Value Investing by Benjamin Graham
February 21, 2006
Graham’s The Intelligent Investor is regarded as the bible of investment. Graham has inspired so many people around the world with his philosophy of value investing. The intelligent investor includes his useful philosophies and strategies. The book provides factual information and useful programmes. The recent edition includes the commentary of famous finance journalist Jason Zweig. The commentary makes it more easy and relatable for contemporary times. Through thorough analysis, Jason Zweig offers practical tips on implementing the principles. It is an amazing book to achieve your financial goals.
3. The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel
September 8, 2020
When it comes to making decisions about money, finance,or business, people think of calculations and math. However, most of the decisions are taken at dinner or lunch tables. The Psychology of Money by Morgan Housel explains the psychology behind taking all these decisions. What people believe in and how their thinking process works. It is not always the logical math calculation. The author draws on some famous stories and analyzes the decision and psychology behind them,and provides helpful advice for taking decisions to readers.
4. The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness by Dave Ramsey
September 17, 2013
We all want to become rich without dealing with debts. Management of finances play a great role in deciding your status. The Total Money makeover by Dave Ramsy helps you in dealing with money. Based on practical habits and examples that will give you amazing results.The author provides useful facts and information about how to be rich. Besides, those who have read the book and brought the changes mentioned in the book have seen a big change in their lives. If you are looking for best money books for young adults then this book might help you.
The Personal MBA: A World-Class Business Education in a Single Volume by Josh Kaufman
6 Sept, 2012
Want to do an MBA from a good university but cannot afford it? Want to learn about finance and business? Don’t worry. The Personal MBA: A World-Class Business Education in a Single Volume by Josh Kaufman would teach you everything about finance and business in a more interesting and practical way than any college or university program.It is an alternative to MBA. However, it is not just for knowing about MBA, you can learn much more about managing and investment of money.The author shares the essentials of entrepreneurship, marketing, sales, negotiation, operations, productivity, systems design, and much more, in one book. Simple and easy style of this book will help you overcome many world challenges.
Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series) by Napoleon Hill and Arthur R. Pell
January 1, 2005
Think and Grow Rich was originally written by Napoleon Hill in 1937 in which he draws on the most successful billionaires like Thomas Edison, Henry Ford, and Andrew Carneige. Napoleon,through this book, had tried to look for the solution of advancing finance. The book is called Granddaddy of all motivational literature. Later on, in 2005, Arthur R. Pell, making it more relatable for contemporary times, added recent stories of billionaires like Bill Gates and Dave Thomas. It is an excellent read for today’s generation who would like to outgrow their potential.
The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein
8 july, 2010
Before investment you need to know how and where to invest. Professionals would take half of your investment in telling you how to invest. The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein informs you about four important aspects of investment. Even professionals and expert investors would never expose such knowledge to you. This book has been useful and has saved many in turbulent times. William elaborates in detail about the risks and rewards of market industry. Besides,he explains the full history of the market. Straightforward and practical, William draws on living successful examples, too. Before diving into the realm of investment, one should go through it.
Unfair Advantage: The Power of Financial Education by Robert T. Kiyosaki
April 12, 2011
We often think and believe that we are born poor and rich are born rich. Throughout our life we struggle with finance though there are few who overcome the struggle. Unfair Advantage: The Power of Financial Education by Robert t. Kiyosaki explores this belief of being born poor and sparring with money all your life. He speaks about new and hard-hitting ways of winning this wrestle through education. He encourages people to reflect on the context and work of change. Besides, he advocates the idea that change lies in finance education. In addition, he elaborates on some useful practical steps that should be taken to prosper. Unfair Advantage is a highly recommended book for everyone.