Top Personal Finance books:
Review of personal finance books which are aimed at helping people manage their money. Whether this is in respect of earning more, investing smarter, spending less or just having a good framework to understand what money you have. I strongly believe that most people are poor at managing their money and that is due to them not monitoring how much money they actual have now and over time.
This book is awesome!
Overall score = 9.2
Rich Dad Poor Dad tells the story of Robert Kiyosaki and his two dads—his real father and the father of his best friend, his rich dad—and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains the difference between working for money and having your money work for you. Read my review here
This book should be read by every school child!
Overall score = 8.48
The famous “Babylonian parables,” hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. In language as simple as that found in the Bible, these fascinating and informative stories set you on a sure path to prosperity and its accompanying joys. Acclaimed as a modern-day classic, this celebrated bestseller offers an understanding of—and a solution to—your personal financial problems that will guide you through a lifetime. Read my review here
This book is now my top recommendation in terms of books about investing!
Overall score = 8.4
After interviewing fifty of the world’s greatest financial minds and penning the #1 New York Times bestseller Money: Master the Game, Tony Robbins returns with Unshakeable, a step-by-step playbook, taking you on a journey to transform your financial life and accelerate your path to financial freedom. No matter your salary, your stage of life, or when you started, this book will provide the tools to help you achieve your financial goals more rapidly than you ever thought possible.
This book is a comprehensive guide to getting your financial house in order!
Overall score = 8.16
I Will Teach You To Be Rich is a practical approach delivered with a non-judgemental style based on the four pillars of personal finance – banking, saving, budgeting and investing – and the wealth-building ideas of personal entrepreneurship.Witty, entertaining, wise and practical, Ramit Sethi explains how to automate your money flow – i.e. earn while sleeping, why your new best friend should be the taxman and how to beat banks and credit cards at the fee game. How do you negotiate a raise? How can you manage student loans? And can you still enjoy your daily latte and buy that iPhone? Read my review here
This book is a ‘must read’ if you are going to invest!
Overall score = 7.92
The follies of finance have threatened the stability of the global economy, and the world of finance has become increasingly complex and sophisticated, but also greedy, cynical and self-interested. The Long and the Short of It provides a guide to the complexities of modern finance and explains how to put your finances in the only hands you can confidently trust – your own. The Long and the Short of It will teach you everything you need to be your own investment manager. You will recognise your investment options, the institutions that try to sell them, and how to distinguish between fact and fiction in what companies say. You will discover the principles of sound investment and the research that supports these principles. Crucially, you will learn a practical investment strategy and how to implement it. Read my review here
This book is a great introduction to personal finance for kids!
Overall score = n/a (as it’s for kids)
Save Your Acorns joins Oliver and Amelia as Grandpa teaches them the importance of saving. They read the story of the bears and the monkeys. And they learn about the consequences of wasting bananas, sharing berries and saving acorns. The best part is the acorns they save can grow over time into trees with more and more acorns. Read my review here