Do you think finance books are only for MBAs? Think again.
A lot of us would pass a book on finance. They appear boring, contain jargons we don’t understand and are usually asking you to make boring personal finance decisions- who wants to do that, right?
Wrong. The right finance book could lay the foundation of a great life. If you learn the intricacies of the game from the greatest minds, you will probably be able to make better decisions in life, live like a king and retire a millionaire.
Get ready for a book you will love to revisit throughout your life. Take a pick from our list below.
Thinking, Fast and Slow- Daniel Kahneman
This is not just a book about finance, it is a book about life. The Nobel-award winning economist Kahneman helps you understand behavioral economics and lets you understand what really drives the way you think and act. The book is full of practical knowledge and techniques you can use in real life to get out of the financial trap and create a better life. It is also a good book for the students who want to start their own businesses.
The Millionaire Next Door-Thomas J. Stanley and William D. Danko
It is quite interesting to believe that a book about finance written in 1996 is still relevant today. However, what matters the most is that the book is a brilliant piece of advice that you wouldn’t want to pass. The book contains insights from 20 years of painstaking research from the two authors and explains the seven key characteristics of people in America who became rich. You will learn all the basics of personal finance here. Simple concepts like spending less and earning more will be ingrained in your mind forever. Don’t forget to read this one.
I Will Teach You to Be Rich- Ramit Sethi
Can’t handle the small print and patronly advice of most other finance books? Follow this quintessentially classy yet comic book from Sethi. He talks to the millennials and designs a six-week personal finance program that the younger audience will appreciate. It is the best book for people who like smart, easy to understand and precise knowledge about personal finance.
The Investment Answer- Daniel Goldie and Gordon Murray
If you have already started your journey in the world of finance and investment, then you must read this book. Some newbie investors could have a hard time figuring out the markets and deciding where their money would be the safest. This book will answer these questions for you. As a young adult, who will enter the workforce in a few years, this is an essential reading for you. The book is very brief and easy to read.
These books are the simplest you can find in the market. There is also The Automatic Millionaire by David Bach that could catch your attention. It is insightful, witty, and practical.
Have you decided which book you will buy first? Let us know your choice in the comments below.