FTC: I’m not a financial advisor, and this post is not sponsored. All thoughts and weird opinions are my own.
The other day I shared my love for reading on the ‘gram and I was pleasantly surprised with how many people had great book suggestions to offer in the comments. Like I mentioned in the post, I am up to my 12th book this year (just started my 13th: “Girl Wash Your Face” by Rachel Hollis). I enjoy reading for entertainment purposes, I mean for real who doesn’t, but this year I also decided to read with more purpose.
Because I don’t like “self help” books at all, I tend to avoid any book that I feel will fall into that niche, no matter how highly recommended. That caused me to close off an entire category of books that may be geared towards self improvement, but also offer a wealth of knowledge. An ever increasing depth of knowledge is always something I strive for, so books that promote self improvement as well as education hold the key for that increased knowledge. Stagnancy robs you of achieving success, and with that said I’ve found a better category than “self help”. I’ve sort of kind of made it up, so bear with me. This category is called the “life changers”. These books will widen your thought process, and offer you multiple perspectives on so many different facets in life.
These “life changers” are bomb and the few that I haven’t read yet (I’ll identify which those are below) come so highly recommended that I had to put them on this list to share the wealth and knowledge with you as well. Most are fairly new, and some are the old original OGs… both sides have tons to offer!
10 Finance Books That Will Change Your Life
1. The 10X Rule by Grant Cardone: I’m not a huge fan of Grant Cardone because I find he can be a little too self help for me. I haven’t read his other books, I don’t listen to his podcasts or keep up with his latest thoughts … BUT I begrudgingly read the 10X Rule upon the constant recommendations from my brother and another friend of mine. They are major Cardone fans and thought this book would be really eye opening for me as I started the laugh of my second brand (Millennial In Debt).
They were right. Though I did struggle with some parts of the 10X Rule… overall I’ve since adopted many many of the theories and practices mentioned in the text. In doing so this helped me produce not only one, but two seasons of my web series in under a year, while tackling other creative projects that I had been putting off (I finally finished writing my first book ya’ll!). I highly recommend reading the 10X rule before you dive into the rest of the books on the list, if not simply for content, but also for accessibility. It’s a fairly quick and easy read (both visually… like regular reading… I know how archaic of me. Or on audio book as well.)
2. Rich Dad Poor Dad by Robert T. Kiyosaki: This is one of the OG’s that came out back in 2000 and had instant massive success. One part due to how easy it was to read/understand and the other part it was teaching something that hadn’t been taught before. What we should focus on when discussing/ thinking about wealth and how we should pass that down to our children. In explaining what rich kids learn growing up, opposed to what poor/middle school kids miss out on learning it helped to shift the reader’s attention on what they should be focusing on themselves at the precipice of their budding entrepreneurship. I found Rich Dad Poor Dad to be interesting, with a hint of too much (just a bit). I do recommend that anyone who is thinking about being an entrepreneur, is struggling with being an entrepreneur, or starting out their business should take a read.
3. The Richest Man In Babylon by George S. Clason: Though the book can come off as a fictional story most of the time, that is what I like about it the most. Remember I don’t do “self help” books, so if you can give me the dosage of “self help” but in hidden form it goes down much better for me. This is another quote oldie, and it was one of the first finance books I read when I decided to start taking my money more seriously. It is a great read for those who are at the beginning of their quest of financial freedom and financial literacy. Also… very very very short so you can read this in a week if you dedicate 20-30 minutes a day towards doing so.
4. Think And Grow Rich by Napoleon Hill: Napoleon Hill is one of the most easily identifiable names when it comes to finance talk/ personal financial books. I’d like to think of myself as somewhere between him and Dave Ramsey when it comes to my financial theories and knowledge. This book is another oldie (sorry… we’ve got some new ones coming up on the list soon). The reason I liked this book is because it focused on adjusting the mindset you have which would then adjust your thinking, and then your actions. I haven’t read any other Napoleon Hill books, and if you haven’t either this seems like the perfect place to start.
5. The Millionaire Next Door by Thomas J. Stanley: The Millionaire Next Door is about straight up knowledge, which is one of the biggest and best weapons you can have when you are trying to get your financial life in order. This book doesn’t offer the fluff like most “self help” books do, instead it tells you what millionaires are doing, which translates directly into what you need to be doing. It creates a point of action for you in steps which makes it easy to motivate yourself to get up and do something. I can become extremely overwhelmed when I feel that there is too much to do, without a clear starting point. The Millionaire Next Door gives you the starting point and puts it in a nice packaged list for you to keep track of and check off when you’re on the right track.
6. You Are A Badass At Making Money by Jen Sincero: I haven’t read this book yet, but strictly from the title alone that would be enough for me to pick this up at my local book store. It is told through a humorous anecdotal lens which has become a very popular genre as of late, and one of my favorites I must say. “Badass…” is on my list during my commute so I can focus and chuckle while people look at me strangely on the train.
7. Why Didn’t They Teach Me This In School by Cary Siegel: I also haven’t read this financial book (it is one of the newer ones so forgive me please) and it asks the very vital question at the top of our millennial list: When am I ever going to use this? We’ve learned so many things in high school that we knew would be pointless, and when we were proven right we had an even better question “Why wasn’t I taught vital things that I would use?”. This book capitalizes off of those millennial questions in hopes to teach us all of the things we need to know about financial responsibility but never learned in school.
8. Nudge by Richard H. Thaler :The third out of the four books on this list that I haven’t read yet (I didn’t keep up with my financial books as the more recent ones came out… and that is completely my fault). I am really drawn to “Nudge” and have added zealously to my list. In conjunction with my weekly therapy visits, I have been attempting to learn more about myself through various activities. Reading is one of those fundamental truth seeking activities for me. Nudge looks more at the mental aspect of why we make certain choices, why we do what we do, and why do we approach/handle money in the way that we do. These are all questions my therapist has asked me, so I am curious and intrigued to see what this book has to offer in terms of the mental capacity/role that your finances can take on you.
9. Your Money Or Your Life by Vicki Robin: this is the fourth and final book that I haven’t dived into on this list just yet. “Your Money Or Your Life” also attempts for you to ask yourself the really big questions: how does your relationship with money affect how you achieve financial independence. I’m all about figuring out the psyche so I’m interested to see the advice or information that is provided in this book to help me wrap my mind around my own relationship with money.
10. Broke Millennial by Erin Lowry: This is one off my personal favorite financial books, and the title does have a bit to do with it. As a self claimed millennial in debt, I enjoyed the text simply from the title. When I transitioned past the cover, into the actual text I was pleased to see that this wasn’t a typical millennial self help book (usually written by an angry Baby Boomer or Get X’er). This is a great eye opening text for my 20-30 somethings that are still paying down their student loans, living at home, paying off large amounts of money towards rent, and living paycheck to paycheck. This book is undoubtedly made for us to indulge in without feeling bad about our circumstance.
If you have any other suggestions for books you think should be on this list please feel free to leave them in the comment section below!
Until next time,
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Hey there! I’m Melissa, co-founder of Trials n Tresses, natural hair and beauty lover, binge tv watcher and lover of life. When I am not creating content for TNT, I’m busy teaching the future of society.