Three personal finance books that will change the way you think about money
Reading is of great essence to most people; it’s an eye-opener, it increases analytical skills, promotes your vocabulary and comprehension, and reduces stress. Book worms see books as wells of wisdom, to the extent of having libraries in their houses. You see, what you are reading is what is most important. And for those serious about making money and growing financial legacies, this article is for you. We combed through several publications about success and financial management to give you our most recommended texts to help you along your financial journey.
Building wealth starts with making small, consistent financial decisions like spending less and saving more. It could be using sites like voucherseeker.co.uk that help you put some change in your piggy bank through freebies and discount vouchers or seeking out supermarket specials and promotions because every cent counts.
As human nature, we all have different lines of thought on the value and importance of money and how to make it, but following the footsteps of a successful person might be one of the easiest ways of building healthy financial habits. However, reading finance books, preferably by someone successful, is most helpful as it gives us step by step guidance through information.
As you read these finance books, you might notice that they have a common thread: they inspire you to become wealthy and highlight the importance of creating a financial plan for yourself as well as a retirement plan. They also emphasise investment. So for you to get a better understanding of all these topics, we chose three books we thought were most inspiring and easy to understand. These three will definitely change the way you think about money.
Think and Grow Rich by Napoleon Hill
If you are seeking for something that will motivate you and equip you with timeless advice, Napoleon Hill’s Think and Grow Rich is the perfect fit. This book has led many to become millionaires just by changing their mindset. As much as the book was written in the 1930s after the Great Depression, the content and advice it offers are perpetual. The timeline in which it was written does not change the fact that one needs desire and persistence, both of which are chapters in the book. Think and Grow Rich highlights some of the wealthiest men of the 19th and 20th centuries and details how they became so rich even after the worst worldwide economic meltdown.
Women and Money by Suze Orman
The title gives it away; the book is centred on women making money. The book looks to inspire any female, be it a 20-year-old or 60-year-old, to keep their finances in check. It provides a basis on how any woman can earn, invest, and save up money. Suze Orman goes on to advise on how married women can balance out marriage and business. It is pretty intriguing!
The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by JL Collins
For those interested in investment, take this book as a master class as it is one of a kind. In a world full of financial misinformation on investment matters, this book offers a simple map and gives words of encouragement to forge yourself through this opaque terrain. JL Collins is not short on words as he provides indispensable advice on investing and offers a new light on how people should spend their money with the future in mind. It changes the way the reader thinks about and sees money.
Final thoughts
All these authors started somewhere, maybe from just reading a book. So we hope this has inspired you to pick up that book and start your finance education journey. Happy reading!
