If you are struggling with finances or just merely curious on how rich people manages finances, you might want to read these books. What works for them, might work for you. I have been reading financial books lately and I extremely find it inspiring and useful. I picked up some advices from these expert people and I am trying to apply their philosophies in my simple day-to-day life. I might not be as rich as these authors, but who knows? With hard work and dedication towards your goal, nothing is impossible. So here’s my list:
- The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William Danko
This book is definitely a MUST- read! It talks about not living beyond your means. It talks about being frugal (one of my favorite words), hard work and getting a good education. I’d like to thank my friend, Jennifer for letting me borrow her book. Again, living frugally is very important. If you don’t have a friend you can borrow from, you might find multiple copies in the library. Or if you want to own one because you want to read it over and over again, you can buy it here or here. (Please take note, I do not make money by suggesting the sellers.)
- 9 Steps to Financial Freedom by Suze Orman
This book does not only talk about managing your money but it also encourages the readers to accept responsibility for your own financial life. I found this book in a Goodwill store in Monterey California. Again, if you can’t find it anywhere, Amazon is selling it.
3. The total Money Make Over by Dave Ramsey
Dave Ramsey is a very popular figure on money and business. He’s authored multiple New York Time Best Sellers and also conducted sermons on YouTube including Five Things for Financial Success.
In his book he says that to obtain financial freedom, we have to be responsible for our lives and finances. It’s more on behavior rather than knowledge about numbers. He also points out that living right financially is not complicated. It can be a bit difficult but not complicated. It is not impossible.
4. Think and Grow Rich by Napoleon Hill
It’s a self-improvement book published during the great depression and inspired by a suggestion from business magnate and philanthropist Andrew Carnegie. The book emphasizes that a person’s desire, faith and persistence can push him/ her to great success if he/ she ignores the negative thoughts and focus on the long- term goal.
- The Intelligent Investor by Benjamin Graham
The ultra rich Warren Buffet has often turned into this book so many times. That alone should be a reason you should read the book.
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