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What are Some Good Personal Finance Books?

by Sep 30, 2015Finance

Walking into a good book store with hundreds of books on finance shall only confuse you, if you do not have a list in mind. From a pragmatic point of view, personal finance has become one of the most important skills when it comes to understanding the ways of money management. If you are a beginner in this field of personal finance, it is better to start off with easy books which explain basic details of finance planning.

Take only good money advice because it can be trickier at times. There are plenty of good books on personal finance and management of money which give an idea about ways to save for future, chalking budget, investment plans and climbing up the ladder.

Given below are top 5 recommended books.

Secrets of the Millionaire Mind

It is written by T. Harv Eker. The author clearly states that if a person thinks like a poor one, no richness can make him wealthy. Start thinking like a rich man, and you shall gain richness too.

The Total Money Makeover

David Ramsey is the author and his book contains a slice of his personality as well. He advises about homes, budgetary fog, improving money situations, change in lifestyle, digging out of all debts and reaching financial goals.

I Will Teach You to Be Rich

This book of Ramit Sethi is a beginner’s heaven for personal financing and investments. His tricks are just too simple which is actually catchy, it is easy to follow and stick to them for improving economic situation.

The Richest Man in Babylon

The imitative biblical parables of George S. Clason about accumulating wealth have proven to be a milestone of investment since 1920s.

The Milloinare Next Door

Thomas J. Stanley and William D. Danko are the star writers of this wonderful and equally helpful book on fundamentals of personal finances.

To enrich your knowledge have a look at, ‘How do I improve my personal finances?’