It is often thought that those who know how to manage their money perfectly have some kind of innate talent for personal finance.
As if some people are born with the ability to understand the rule of 72, or the importance of portfolio diversification.
Spoiler alert : this is completely false.
And if you have no idea of the meaning of what I just said, know that you are not a lost cause at all.
Yet many people lock themselves into boxes – only to be unable to get out of them.
And the worst box to put yourself in is, “I’m just bad with money.”
The truth is that controlling your finances and making your money grow can be learned.
No need to become a mathematical or financial market genius: the first step is simply to learn about the subject (and yes: reading this article counts) .
And for that, personal finance books are an ideal solution.
They can help you better understand how savings work, know how to invest in the stock market , learn how to manage your budget , change the way you consume and approach many money-related decisions with confidence… All without having to worry about it. head with terms of complex economics.
And these are far from boring reads. I even read one of the books below while on my honeymoon. #Romance
These 9 books on personal finance are not only entertaining and informative, but they can also help you better manage your money, your career… and your life in general.
Rich Dad, Poor Dad
Rich Dad, Poor Dad: What The Rich Teach Their Kids About Money…That The Poor And Middle Class Don’t – I In My Opinion Is An Absolute Must-Have For Anyone Who Wants To Learn How To Manage Better his finances.
To this day, it remains one of my favorite books – and it’s the best-selling personal finance book in the world, by the way!
Very easy and pleasant to read, it is both an autobiography and a lesson in money management.
Kiyosaki brings us memories of his childhood – especially the contrast between his own father, who was always having difficult weekends, and his friend’s father, one of Hawaii’s wealthiest residents.
The comparison highlights how essential financial education is to managing your money and your future well.
According to Kiyosaki, it’s not education that will help you make your way to wealth, or even an eye-watering income. It all really depends on how you manage the money you already have, and what systems you dare to put in place to achieve financial independence.
Get rich: 6 weeks to simply improve your finances!
Ramit Sethi, author of a very popular personal finance blog in the United States, explains in this book his infallible method for successfully growing your money and reorganizing your finances .
He insists in particular on the idea that you do not need to be perfect to become rich , nor to have large sums of money to invest .
The big advantage of this book is its ultra-practical side. It is therefore a book of choice for those who prefer immediately applicable advice rather than deep discussions on the relationship to money.
With both helpful and proven advice Sethi details in this book, the path to wealth is much more accessible than you might think.
Think and Grow Rich
Napoleon Hill ‘s best-selling Think and Grow Rich is the most influential financial success book ever published .
Because if the author indeed talks about money, he also offers many tools to guide us in our personal development by allowing us to really seek to put in place the key differences of success, including financial. But what makes the richness of this book is also that these ideas are applicable in many other areas of our lives…
In Think and Grow Rich , Hill explains the secret to the success of entrepreneur Andrew Carnegie, the richest man of his time. This timeless classic aims to help you develop the skills and mindset necessary to achieve exceptional success in any field or activity, personal or professional – but above all financial!
Hill explains in detail the 13 steps necessary to achieve personal goals, and become rich. Far from a scam or a promise of quick riches, this book is full of scientific studies to explain the solutions presented throughout this story.
The Millionaire Next Door
The book that reveals the secrets of the success of the richest. The central idea presented in The Millionaire Next Door is that one can either decide to get rich or try to look rich.
That is to say that accumulating exuberant expenses (high fashion clothes, new cars, watches from big brands…) is actually the best way to never become rich.
Because the media spends so much of its time hyping up stories of celebrities with big spending and multimillion-dollar villas, we tend to want to emulate those glitzy lifestyles.
We then forget that most millionaires actually live a long way from this model : a large majority of them live (significantly) below their means, without fancy cars or high fashion suits, and firmly believe that putting on side is more important than publicly displaying one’s wealth and social status.
If you want to learn how to build your wealth by drawing inspiration from those who have truly succeeded , this book is for you!
The Richest Man in Babylon
The Book of Simple Lessons in Financial Wisdom
Travel through time and space as George S. Clason takes us to the heart of Babylon to teach us about financial success through his collection of quotes and short stories.
Each of the little parables presented in this book teaches practical tips and tools to improve financial skills and learn how to ensure a comfortable, lasting income.
Because according to Clason, you will only begin to build wealth when you realize that some of the money you earn belongs to you – and should not be wasted on useless or unfulfilling products or services. The secret is in the long term: saving now will allow you to really benefit later.
Through these entertaining tales of merchants, traders, and shepherds, you’ll learn how to better guard what you earn, pay off debts, put your money to work , choose wise investments, and ensure your financial security, now and in the future.