Heyo, Nik here with another special post: The 14 Best Finance Books.
In 2018, a study found that 58% of Americans have less than $1,000 in savings in the bank. It gets worse: Over half of those people don’t just have less than $1,000 but $0! That’s bad.
It’s not bad because “you should save money,” but because having no emergency fund puts you in a vulnerable position. What if someone crashes into your car? What if you break a few bones? Things outside of our control can force us to pay up. You don’t want to come up short when that happens.
That’s just the most pressing example of why you should learn to manage your finances. There are others: Retiring in peace without stressing about money, having enough to invest in a new venture, giving freely to friends, family, and charity — money does make our lives easier up to a certain degree.
Thankfully, there are a lot of good books to help us become financially smart. At Four Minute Books, we’ve reviewed and summarized over 700 books to date, and we think the best finance books come down to three things:
Practical advice. Money is a tangible thing, so whatever tips authors give should be easy to implement for you right away.
Relevant information. Depending on your situation and goals, you might need a beginner’s book or a more advanced one.
Inspiring stories. If a book is boring, it won’t motivate you to take action. The easiest way to change is to listen to a good story.
Based on these three criteria, we’ve selected the 14 best finance books for you to read.
Our newly updated and re-formatted list on Medium includes our favorite quote, a short summary, three key lessons, and few arguments for why you may want to read each book in question. You can use the clickable table of contents below to jump to any book or category.
If you want to become savvy with your finances, be smarter in how you spend and save, and learn to invest your money to build freedom, consider these books. If you enjoy, please share and leave up to 50 claps on Medium.
Here are the 14 best finance books.
Table of Contents Overall 1. Rich Dad Poor Dad by Robert T. Kiyosaki 2. Money: Master The Game by Tony Robbins For Beginners 3. The Barefoot Investor by Scott Pape 4. The One-Page Financial Plan by Carl Richards For Investors 5. The Intelligent Investor by Benjamin Graham 6. The Little Book That Beats The Market by Joel Greenblatt For Entrepreneurs 7. The Millionaire Fastlane by MJ DeMarco 8. Think and Grow Rich by Napoleon Hill For Saving Money 9. I Will Teach You To Be Rich by Ramit Sethi 10. The Total Money Makeover by Dave Ramsey For Retirement 11. The Automatic Millionaire by David Bach 12. The Millionaire Next Door by Thomas J. Stanley For Financial Freedom 13. Secrets Of The Millionaire Mind by T. Harv Eker 14. The Richest Man In Babylon by George Clason