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Top 5 Must-Read Finance Books

Building wealth isn’t rocket science, but it does take some extra effort to understand the dos and don’ts that will get you where you want to be. If you’re looking for a good place to start that edification process, then look no further than these five finance books.

Richest Man in Babylon by George Samuel Clausen

Written in 1926, this book may often get overlooked as a top financial read with some of today’s heavy hitters. However, it’s a book I recommend hands down to everyone that is seeking to gain financial wisdom. It is plain and simple advice set up as common sense stories that will not only enlighten you but keep you entertained as well. It’s just a really good book for those that don’t like to read self-help types of literature that tell you to do A, B, and C to get E, F, and G. Without a doubt, it’s a down to earth book chalked full of knowledge that if followed will help you get on the financial track you’ve been looking for.


The Millionaire Next Door by Thomas J. Stanley and William D. Danko

The authors of this book delve into the spending habits of those that would be deemed millionaires based on net worth. This is often the first financial book I suggest to my clients that are business owners. It gives readers a calculation to help them see exactly how they’re doing right now. That formula takes their age and multiplies it by the annual gross income and then divides the answer by 10—giving them their net worth at the moment and letting them know if they are on their way to being the millionaire next door. It also offers practical tips to help grow that net worth no matter where they’re at in the process.


Think and Grow Rich by Napoleon Hill/Ben Holder-Crowther

This is another old book, published in 1937, that is actually considered the original motivational book. It’s one of the founding books that every financier will ever read. The premise of this publication is what makes a winner—basically how to succeed at whatever you do in life. Hill wrote the book during the Great Depression in an attempt to propel his readers to change the course of their future. He basically says—you can do this if you stop and think.


Rich Dad Poor Dad by Robert Kiyosaki

Considered the #1 personal finance book of all time, Kiyosaki tells his readers of two dads…supposedly his real father and the father of his best friend. The two men have completely different attitudes when comes to money—one understands how money works and the other doesn’t. He essentially contends that it’s a mindset that will help you develop the habits you need in order to build wealth, claiming it’s not where you were born…it’s not the circumstances you face in life…it’s basically all about your habits.


Total Money Makeover by Dave Ramsey

This is one of the top books for figuring out where you need to start. I give this book to people that come to me and are in trouble with debt and they just need help. For those that have made unwise decisions and may be financially anemic, I absolutely recommend this book to help them get on the track to success. It doesn’t matter if they didn’t start well; they can definitely finish well if they follow the plans laid out in this title.


These books are all in my personal library and have been read by myself, my family, and my staff many times. I do recommend heading over to your local library and checking them out. If you prefer to own them (as I do) we have made it easy for you to order… simply click on the book’s image and you will be whisked off to Amazon.com for great deals on them.

 

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