Are you looking for the best personal finance books to learn about how to make more, earn more, or save more money? Or maybe you want to learn how to invest your money or make the best financial decisions possible.
The reality is that personal finance books are amongst the most important books anyone can read. Whether you are an electrician, teacher, nurse, Lyft driver or lawyer, you still need to know how to make, save, and invest your money. We all need to pay rent. We all need to go to work to save for retirement. And we all need to know how to make smart money decisions!
One of the best ways to learn these skills is simply to read about them! If you can’t afford books, you can learn tons of valuable skills by reading articles right here on our site. You can also read financial newspapers like the WSJ (Wall Street Journal) to better understand current events and the economy.
But if you can afford to make a small investment in your future, we urge you to read personal finance and money-related books to propel you to where you want your life to be.
Whether you are just starting out on your journey to learn more about money and personal finance, or you are a seasoned veteran who is already retired, there’s a book for everyone!
The really cool thing is that even if you don’t like to read, virtually all books are now available as audiobooks! And with Audible’s awesome free trial you can listen to any of these books for free!
We often field questions regarding our favorite resources to learn even more about personal finance. Here are some of the best personal finance books around!
Our Top Personal Finance Book Picks:
Best Book For A Simple Roadmap To Financial Independence:
This book is a personal cult favorite for a reason. It’s a well-written guide to simple money management. If you are looking for the steps you can take to build a better financial life for yourself, you should read/listen to this. There are no false promises or get-rich-quick schemes here. Just tried and tested advice from someone who’s been there before. The process is simple: avoid/eliminate debt, spend less than you earn, invest in low-cost index funds, and then sit back and wait for the magic of time and compound interest to do the rest.
Best Book To Learn How To Invest Your Money In The Stock Market Using Simple Investment Strategies:
If this book doesn’t convince you to stop picking individual stocks, then nothing will. This book helped shape our philosophy and we consider ourselves ‘Boggleheads’ when it comes to investing for the long-term. It’s a must-read for anyone looking to make their money work for them in the stock market.
There’s a reason it’s at the top of our list of best personal finance books.
Best Book For A General Overview Of How To Manage Your Money:
This book is an incredible resource to anyone who wants a solid overview of all things personal finance, from emergency funds to insurance. Know someone graduating from college soon or living under a pile of debt? Here’s a perfect gift for them.
Best Book For Those Who Think They Want To Be Rich:
This book will have you reconsider what it means to be rich. Most people think of millionaires as people who fly first class and eat caviar. The data actually tells a different story. After reading this, you’ll understand how people actually amass great amounts of wealth while still living the ‘good’ life. Hint: It’s better to be wealthy than rich.
You’ll learn extremely valuable lessons here that will be able to apply to your life immediately. Also an incredible gift for yourself or anyone looking to live a more balanced and responsible life. No wonder it’s one of our favorite personal finance books.
Best Book For Understanding How To Build Wealth:
We were pretty lucky that our older brother gave us this book for Christmas when we were in college. Since our dad passed away when we were little kids, we didn’t really have that father figure to teach us about money. We had an incredible mom, but she was incredibly busy trying to make ends meet, and she also wasn’t well versed when it came to personal finance. But this book was an incredible introduction to the power that money can have if you use it wisely. Instead of working so hard for money, why not let money work hard for you? That idea alone, while simple, is fundamental to true wealth creation. Are you ready to take your personal finance to the next level?
Best Book For Those Looking For Motivation To Turn Things Around:
This book will change your relationship with money. Written by Grant Sabatier, he went from having less than $5 in the bank and $20,000 of student loans to saving over $1 million in 5 years. By reframing purchases and focusing on what matters most – your time – you’ll be excited to launch your journey to financial freedom.
This book is the perfect guide (as is our website) to saving more money, making more money, and making sure your money works for you so that you don’t have to work for money for the rest of your life.
Best Book For Those Wondering How Much Money They Will Need To Retire:
Whether you are 20 years or 20 months away from retirement, this book will help you think through exactly how much money you will need. As one reviewer says, “It doesn’t just expose the holes in the Retirement Planning Industry’s ‘Preferred Model’. It offers a viable, safer alternative whilst showing you how to retire better and earlier.”
These books only begin to scratch the surface of the personal finance world, but if you make through these, you’ll have a solid foundation. In fact, we’d venture to guess you’ll be more knowledgable about personal finance than nearly ANYONE you know.
Reading books can be daunting, so just break them down into smaller parts. Or if you’d rather just not read, try to listen to them. You’ll still get all of the same information in a format that might make it easier for you to finish. Listening is also perfect for anyone with a commute to work or who wants to learn while they are exercising at the gym. So stop making excuses and start learning about money. Your life depends on it.