Money may not buy happiness, but it allows you satisfy your daily needs and splurge on things that are valuable to you. Saving money takes careful budgeting, and many people have trouble building wealth. These personal finance books will help you save more of your hard-earned money.
They say money can’t buy happiness, but your relationship with it is an important factor in achieving success.
So, if you find yourself having trouble saving money — whether you’re hoping to buy a house, planning for retirement, or stocking up for a rainy day — it may be time to brush up on your financial skills.
These 5 personal finance books offer strategies for getting out of debt, smart investing, living on a budget, and managing your money successfully.
1. ‘The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying’ by Suze Orman
Financial expert and New York Times best-selling author Suze Orman’s “The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Spot Worrying” explains how people’s relationships with money are influenced by their emotions. According to Orman, emotions like fear and shame are the real things standing between you and financial success.
In this book, Orman offers tips for paying off debt, outlines how to choose between different types of retirement accounts, and more.
2. ‘The Total Money Makeover: A Proven Plan for Financial Fitness’ by Dave Ramsey
“The Total Money Makeover: A Proven Plan for Financial Fitness” is financial expert, radio host, and New York Times best-selling author Dave Ramsey’s most popular book.
In this revised and updated version, Ramsey distills his two decades of financial counseling experience into a seven-step plan for gaining total control over your money.
3. ‘Rich Dad Poor Dad: What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not!’ by Robert Kiyosaki
This may sound like a book solely for dads, but it’s not. Robert Kiyosaki’s New York Times best-seller “Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!” is about two “dads” who taught the Kiyosaki different perspectives about money: his actual father and his best friend’s father.
Kiyosaki uses the lessons he learned from his father figures to offers practical yet slightly counterintuitive financial advice, arguing that you don’t need a high income to become wealthy and that a house isn’t an asset, among other things.
4. ‘Think and Grow Rich: The Landmark Bestseller – Now Revised and Updated for the 21st Century’ by Napoleon Hill and Arthur Pell
Although “Think and Grow Rich” was originally published in 1937, its wisdom has stood the test of time.
In the book, author Napoleon Hill presents his laws of financial success, which are drawn from his analysis of the lives of millionaires like Andrew Carnegie and Henry Ford.
The updated version also features contemporary successful figures, like Bill Gates and Mary Kay Ash.
5. ‘Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life’ by Barbara Stanny
After conducting extensive research and interviewing hundreds of women who earn six-figure salaries, Barbara Stanny boiled down their insights to seven key strategies for achieving wealth.
The journalist, motivational speaker, and financial educator discusses these methods in detail in “Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life.”
For many people, saving more means earning more, and this book is a great place to start.