- Why didn’t they teach me this in school! – Cary Siegel
- Rich Dad Poor Dad – Robert T. Kiyosaki
- Psychology of Money- Morgan Housel
- The One Page Financial Plan- Carl Richards
- Clever Girl Finance- Bola Sokunbi
- Investing for Dummies- Eric Tyson, Tony Levene
It has been observed that a good reader can take on a new challenge much more comfortably than someone who doesn’t read. If you are a newbie investor and want your money to grow in the future, you are in the right place. Self-help finance books help you manage your money better, right from the beginning; right from ‘how to use your credit card wisely’ to ‘how to manage and pay off your debt smartly. While delving into these topics you get perspectives from experts, industry professionals, and researchers and that helps you handle your money efficiently. They can also teach you how to invest, how to manage your mortgage, how to plan your retirement, how to achieve your short and long-term goals etc. The ultimate aim of this blog is to help you build a strong and healthy relationship with your money. You will also be able to overcome some common misconceptions and pitfalls in the realm of financial management.
Here is a list of books to kickstart your financial journey:
Why didn’t they teach me this in school? – Cary Siegel
If you ask someone what they wish they’d learned about in school the answer is somewhere around taxes, investments, or at least money. People always end up in a problematic situation with a lack of knowledge about how to handle their finances when they start earning. Cary Siegel is a retired business executive. He divides this book into 99 principles and 8 important money habits you should have known before coming across the real world. This is an easy-to-read book for people doing their graduation or anyone looking to start their financial journey.
Rich Dad Poor Dad – Robert T. Kiyosaki
Robert Kiyosaki is an American businessman and author. He has also founded several successful companies and has a unique perspective on money and richness. In this book, he points out some very common mistakes people make while dealing with their money. He also points out some flaws in the educational systems that lead towards poor financial literacy. Throughout the book, he explains the importance of learning about accounting, the financial market, taxes, and investing. He also uses an interesting analogy of rich dad & poor dad and their perspectives about money. A fantastic book to gift your child when she turns 18.
Psychology of Money- Morgan Housel
Morgan Housel has worked as a columnist for the famous Wall Street Journal. He is also a partner at The Collaborative Funds. This book talks about the betterment of the idea and perspective about money. It delves into the psychology of handling money and how your preconceived notions, ego, and pride affect the growth of your wealth. The writer believes that “Doing well with money isn’t necessarily about what you know. It’s about how you behave. And behavior is hard to teach, even to really smart people.” With the help of 19 short stories, ‘Psychology of Money’ gives you the tips and tools to combat the behavioral issues towards money.
The One Page Financial Plan- Carl Richards
Are you struggling to find out how to invest your money properly or plan for an unexpected financial crisis? Do you want to bring that simplicity to your finances where it’s easy to manage and expand? Then it is a perfect book for you. Carl Richards simplifies the complexity of managing the finances and in a way demystifies the economic realm. He not only teaches you to manage your money but also how to plan it simply on a single page. He is a Certified Financial Planner and a columnist for The New York Times.
Clever Girl Finance- Bola Sokunbi
Bola Sokunabi is a Certified Financial Education Instructor (CFEI). She is the founder of the website Clever Girl Finance. She opposes the notion that the money market is a male-dominated field and empowers women to handle their finances in a smarter way. Clever Girl Finance’s aim is to educate and encourage a whole new generation of female investors and entrepreneurs. This book helps you to take responsibility for your own financial well-being. It also puts forth the importance of analyzing your finances, creating budgets, setting goals, and managing the credits.
Investing for Dummies- Eric Tyson
Eric Tyson is known for his clear writing and practical solutions about money. This book explains with good examples how you should take control of your financial life. He addresses the common mistakes that people make while planning their money and gives comprehensible solutions to save and invest money effectively. The book helps you with checking your financial health with a few tools like worksheets. It also empowers you to consider factors like how much debt you carry, the rate of your savings, investments as well as insurance.
So, this was our list of must-read books. Tell us your favorite books in the comment section.
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Wishing you all Fantastic Growth in 2022!