15 Financial Planning Books We Must Read
This post may contain affiliate links which might earn us money. Please read my Disclosure and Privacy policies hereFinancial planning is an important skill that everybody should master in order to become financially secure. With the right strategies and strategies, you can take charge of your finances and build a path toward financial freedom.
That said, we are books for history lovers, but it is important to take time out to read books on this topic can be daunting, so we've compiled a list of the 15 most essential financial planning books every individual must read!
We understand that it's not easy to stay updated on trends when you're strapped for time, so if reading isn't exactly up your alley, each book comes with summarized insights, too.
Whether you're looking at setting up a stable income stream as retirement approaches or want to save more money through budgeting tips — this guide has something for everyone!
Financial Books to Read
Since finances are now changing and not all one size fits all, the books on this list are aimed to educate and motivate.
You might find that some of these books are repeats from our old list, but we feel that they still have benefits in today’s world.
Check out these financial posts:
- 10 Things You Shouldn't Buy When You Are Struggling Financially
- Being Frugal – 4 Reasons Is One Of Our Favorite F Words!
- 9 Best Ways to Grow Your Savings Today!
So make a goal for this year to read these books while inside during a snowstorm or cold winter nights or the summer while at the pool or beach.
Financial planning is essential when it comes to your finances. Always remember that it’s called personal finances, which means yours, not others.
Create a financial plan that benefits you and your family, not someone else.
When it comes to reading books, I tend to use audible books because I can go for walks, listen while driving, or clean my home.
15 Financial Planning Books We Must Read
Financial Planning Books We Must Read
Everyone must read a list of financial planning books to learn how this money journey works, how to get inspired, and why you need this.
These are our 2023 money books to read for this year if you haven't.
I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works
"I Will Teach You to Be Rich" is a personal finance book that aims to help readers increase their wealth without sacrificing the things they love. The book presents a six-week program that covers various topics, including saving, budgeting, investing, and earning more money through entrepreneurship.
The author, Ramit Sethi, provides practical advice and actionable strategies for achieving financial success, such as negotiating a salary, automating finances, and creating a budget that aligns with one's values.
The book emphasizes a long-term approach to personal finance and developing a rich life beyond just financial wealth. It offers a no-nonsense and practical approach to building wealth and living a fulfilling life.
The Minimalist Budget: A Practical Guide On How To Save Money, Spend Less And Live More With A Minimalist Lifestyle
The Minimalist Budget: A Practical Guide on How to Save Money, Spend Less, and Live More with a Minimalist Lifestyle is a book that offers readers a step-by-step guide to managing their finances and living a minimalist lifestyle.
The book provides practical tips and advice on reducing expenses, managing debt, and living a more fulfilling life with less.
In addition, the author explains how adopting a minimalist lifestyle can lead to financial freedom and a more fulfilling life.
Readers will learn how to create a budget, reduce expenses, and prioritize spending to achieve financial goals.
The book is a valuable resource for anyone looking to live a more simple, debt-free, and fulfilling life.
The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness
The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness is a book by personal finance expert Dave Ramsey that offers a step-by-step guide to achieving financial security and freedom.
The book includes practical advice on how to get out of debt, save money, and build wealth, along with real-life success stories and inspiring testimonials.
Ramsey's approach emphasizes the importance of taking control of your finances, living within your means, and creating a solid financial plan to achieve your goals.
The book has become a popular resource for those seeking to gain control over their finances and live a life of financial freedom.
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! is a personal finance book by Robert Kiyosaki.
The book focuses on providing financial education and developing a wealth-creation mindset. With anecdotes from his childhood, Kiyosaki illustrates how his two "fathers" had different views of money and investment opportunities and how he learned to develop his money management principles. He emphasizes the importance of financial literacy as a critical factor in building wealth.
He provides practical advice on achieving financial independence through investing in real estate, starting a business, and other means.
Overall, the book challenges readers to rethink their approach to money and to take control of their financial future by thinking like an entrepreneur.
When She Makes More: The Truth About Navigating Love and Life for a New Generation of Women
When She Makes More: The Truth About Navigating Love and Life for a New Generation of Women is a book that addresses the challenges of women earning more than their partners.
Farnoosh Torabi's book explores the societal, financial, and emotional impacts of women being the primary breadwinners in modern relationships.
Through real-life examples and expert advice, Torabi offers insight into the issues that may arise in these situations and provides practical solutions for maintaining a healthy and fulfilling relationship and achieving financial success on your own terms.
The book aims to encourage and guide women who may feel alone or uncertain as they navigate these unchartered waters.
How to Manage Your Money When You Don't Have Any (Second Edition)
"How to Manage Your Money When You Don't Have Any" is a personal finance book written by Erik Wecks that aims to help people who are struggling financially.
The book is relatable and easy-to-read and provides practical advice to help readers to create a budget, reduce expenses, get out of debt, and start building wealth.
The author also covers important topics like banking, credit, insurance, and strategies for saving money on groceries, utilities, and other everyday expenses.
The book aims to empower readers to take control of their finances and create a plan that works for their specific circumstances, regardless of their income level.
Why Didn't They Teach Me This in School?: 99 Personal Money Management Principles to Live By
"Why Didn't They Teach Me This in School?" is a personal finance book that offers 99 practical and easy-to-follow money management principles to help readers achieve financial success.
The book covers various topics, including budgeting, saving, investing, debt management, and retirement planning. It aims to give readers the tools and knowledge they need to make informed financial decisions, avoid common financial pitfalls, and create a solid foundation for a secure financial future.
The book is written clearly and engagingly, making it accessible to readers of all ages and backgrounds.
Jim Cramer's Get Rich Carefully
"Jim Cramer's Get Rich Carefully" is a comprehensive guidebook for investors looking to grow their wealth in the stock market.
The book provides a detailed overview of investment strategies and techniques, focusing on careful research, long-term thinking, and disciplined decision-making.
Jim Cramer takes a candid and practical approach, highlighting examples from his experiences as a hedge fund manager and television personality.
The book includes helpful tips and case studies, making it a valuable resource for novice and experienced investors.
This book, "Jim Cramer's Get Rich Carefully" offers a framework for successful investing that emphasizes patience, diligence, and a focus on fundamentals.
The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich
The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich is a personal finance book written by David Bach that offers readers a simple and effective strategy for building wealth over time.
The book outlines a step-by-step process for achieving financial independence by focusing on automatic savings and investing.
Bach emphasizes the importance of setting up automatic contributions to retirement accounts and investment portfolios to build wealth effortlessly over time.
The book also offers practical advice on reducing debt, cutting expenses, and creating a realistic financial plan that aligns with your long-term financial goals.
With clear, actionable advice and real-life examples, The Automatic Millionaire is a valuable resource for anyone looking to build wealth and achieve financial freedom.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018
"Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence" by Vicki Robin and Joe Dominguez is a book that teaches readers how to transform their mindset and relationship with money to achieve financial independence.
The book offers practical advice and exercises that are designed to help readers do more with less, reduce their expenses, and invest the money they save wisely.
It also teaches readers how to calculate their "true" hourly wage, which factors in expenses and quality of life, to help them make smarter financial decisions.
The book aims to help readers achieve financial independence so that they can live a fulfilling life free from financial stress and worry.
Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom
Retire Before Mom and Dad: The Simple Numbers Behind A Lifetime of Financial Freedom is a personal finance book that provides a step-by-step guide to achieving financial independence and retiring early.
The book covers various topics, such as creating a retirement plan, saving more money, and investing smarter.
It also includes practical advice on reducing debt, building wealth, and increasing income.
The author emphasizes the importance of adopting a simple and disciplined approach to achieving financial freedom, highlighting that anyone can retire early if willing to make the necessary sacrifices and put in the work.
Overall, the book is a valuable resource for anyone seeking to take control of their finances and achieve their retirement goals.
The Millionaire Next Door: The Surprising Secrets of America's Wealthy
The Millionaire Next Door is a book by Thomas J. Stanley and William D. Danko that examines the common traits and characteristics of millionaires in America.
The book challenges the popular notion that wealth results from high income and reveals that most millionaires are self-made, frugal, and hard-working individuals who often live in middle-class neighborhoods.
Through research and anecdotes, the authors show that being rich isn't about flashy cars and designer labels but rather about living below your means, investing wisely, and building wealth over time.
The Millionaire Next Door offers practical advice and insight into building long-term financial success regardless of income level.
How I Invest My Money: Finance experts reveal how they save, spend, and invest
How I Invest My Money is a book that features interviews with finance experts who reveal their personal savings, spending, and investing strategies.
Written by Joshua Brown and Brian Portnoy, the book offers a unique insight into the financial decision-making process of investment professionals.
Each expert shares their unique philosophy on managing money, providing readers with insights on how to make the most of their financial situation.
Whether you're a seasoned investor or just starting out, How I Invest My Money is a valuable resource that can help you learn from the experiences of some of the most successful finance experts in the industry.
6 Months to 6 Figures: “The Fastest Way to Get From Where You Are to Where You Want to Be Regardless of the Economy”
"6 Months to 6 Figures" is a book that offers practical advice and inspiration to those looking to achieve greater financial success quickly. The author, Peter Voogd, shares his personal story of building a successful six-figure business within six months and provides a guide to help others do the same.
The book covers mindset, productivity, networking, and marketing topics, providing tips and strategies for readers to apply to their own lives and businesses.
Overall, the book serves as a motivational and practical resource for anyone looking to accelerate their financial growth and achieve their goals.
Clever Girl Finance: Learn How Investing Works, Grow Your Money
Clever Girl Finance: Learn How Investing Works, Grow Your Money is a comprehensive guide that helps women of different financial backgrounds learn how to invest their money and build wealth.
The book is written down-to-earth, relatable, and covers various aspects of investing, from creating a budget and saving money to building a solid investment portfolio.
The author provides step-by-step instructions on how to open an investment account, choose the right investments, and develop a long-term investment strategy.
It also includes personal anecdotes, advice, and tips from successful female investors, making it an engaging and motivating read.
Clever Girl Finance provides women with the knowledge and tools to take control of their finances, invest wisely, and achieve their financial goals.
What financial planning or money book did you read that changed your life forever?
Love this! I will definitely have to check some of these out! Also, I have nominated you for the Sunshine Blogger Award. Check it out @ http://www.visionsofsimplicity.com/sunshine-blogger-award/.
The Millionaire next door is one of the most popular book. Thumbs up for your collection.
Thanks for the great advice on how to better plan with your finances, Really helpful stuff.