5 Finance Books That Will Change Your Life
If you take your time to read, these personal finance books definitely will change your life. If you want to start investing or learn about finance, get knowledge about personal finance you can find value by reading these books.
The Richest Man in Babylon – This is a fictional story about a king in the city called Babylon. He is trying to make all the population of the city become wealthy. So, he calls the richest man in that city, tells him to teach how to become as wealthy as him. He takes all these principles from him. He was not born wealthy. He just uses the different principles that he learned from the richest man in Babylon. This book is the best choice for people that are looking for personal financial advice, solid principles on how to achieve and manage money. It is fictional but it is told in a way that you can completely relate to it.
Rich Dad Poor Dad – It is kind of an entry-level book for personal finance. It will change the way that you look at money and finance. Robert Kiyosaki had two sorts of fatherly figures like a mentor in his life. One of them is his real father who made quite a lot of money. But he spends all of the money, he buys everything that he should not. Therefore, he makes a lot of money but is poor.
And the other one is his best friend’s dad who was rich. He became one of the richest men in Hawaii. Then he realizes that if you can invest or have your own businesses rather than trusting your salary it can be life changing for you. He teaches this mindset in this book. If you read, you will get the point very well. It is the best-selling personal finance book of all time.
The Intelligent Investor – This is a finance book from Benjamin Graham. He is the one that created the concept of value investing so this is the definitive book of value investing. It is explaining how value investing works. Benjamin Graham is Warren Buffet’s mentor. Warren Buffet is one of the most successful investors of all time. These books explain his philosophy. This financial book is the best choice for active investors who are looking to invest in individual companies.
Think and Grow Rich – Forth finance book is Think and Grow Rich by Napoleon Hill. This book is granddaddy of personal finance books. He sold millions of copies. Napoleon Hill interviewed a bunch of people who had built huge wealth and he found their commonalities. Therefore, he found the key for everyone to become rich. He will teach you that money starts in your mind.
This book is the best for people that are looking to get into the right mindset of being successful. If you can follow these tips, you can achieve so many things even you cannot think of. What you can learn from this book is that You have to build belief in yourself because you need confidence to be successful.
I Will Teach You to Be Rich – This book is basically the ultimate guide to financial adulting in a way that you would want to follow. He gives specific recommendations on how to open your bank accounts and where, which credit cards you should use and how to use them, where you can open your Roth Ira. You will also learn how to budget your money between fixed costs, saving and investing. You will basically learn everything to manage your money and financial life.