Where did you first learn about money? There was a time when those topics were taught in schools, but these days, it seems like more and more people are turning to the internet for advice. If you’re trying to fill in your financial knowledge gaps, then you’ve come to the right place! Mind Your Dollars is fully stocked with helpful articles about personal finance, from buying a house to saving for retirement.
But what if you need more in-depth knowledge than a blog post can offer? If that’s the case, you can turn to these bestselling books. Lifelong learning is one of the hallmarks of a successful person, so add these personal finance titles to your reading list now.
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
John C. Bogle’s classic book serves as one of the best primers available on investing. Warren Buffet himself endorsed this title, stating “Rather than listen to the siren songs from investment managers, investors—large and small—should instead read Jack Bogle’s The Little Book of Common Sense Investing.“
First published in 2007, this book was revised on its tenth anniversary. The advice on offer is timeless, though. If you’ve been considering whether to dip your toe into the stock market, then you absolutely need to read this book.
Get Good with Money: Ten Simple Steps to Becoming Financially Whole
Tiffany “The Budgetnista” Aliche’s bestselling book is one of the best for financial beginners. Presented as a 10-step “masterclass in financial wholeness,” Aliche focuses on the big picture. She shows us how our attitude toward money is actually a reflection of how we see ourselves, then guides us through the steps we need to take to get right with our finances.
Before becoming the Budgetnista, Aliche was a schoolteacher, so her simple, no-nonsense approach and upbeat attitude make it easy to learn. If you’ve ever felt intimidated by money matters, then pick up a copy of this book.
The Total Money Makeover: A Proven Plan for Financial Fitness
Dave Ramsey is a legend in the world of personal finance. If you’ve never picked up one of his books, then start with The Total Money Makeover. This book is designed to help you pay off debt, save for the future, and live a financially healthy life.
Ramsey’s style of advice, which is grounded in his faith, isn’t everyone’s cup of tea, but there’s no doubt that he has some powerful things to say about money. If you find this book to be helpful, there’s also a companion workbook to make it even easier to follow the financial plan. Ramsey also regularly updates this book with new editions to keep up with the changing times.
The Opposite of Spoiled: Raising Kids Who Are Grounded, Generous, and Smart About Money
Ideally, we would learn good money habits at home. But what if our parents were clueless about managing money? If you grew up in a paycheck-to-paycheck household, then chances are good that you picked up bad habits from your family. The good news is that you can break this cycle with your own kids.
The Opposite of Spoiled provides guidance for parents who want their children to have a healthy relationship with money. Along the way, you might just learn a thing or two yourself!
Dollars and Sense
Are you interested in the why behind those wild financial decisions you sometimes make? Dollars and Sense examines money through the lens of behavioral psychology. Once you understand the pressure points you face when dealing with money, you’ll be able to get out of your own way.
The book covers certain self-defeating beliefs such as overspending while on vacation or the deceptive ease of shopping with a credit card. You’ll find out all the tricks that stores use to press your buttons—and how to beat them at their own game. Best of all, this book is funny, too.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence
There’s a reason this book is considered a classic. Oprah herself called it life-changing! In just nine simple steps, Vicki Robin and Joe Dominguez teach readers how to invest wisely, increase income, and budget better. One of the cornerstones of this philosophy is to learn to be happier with less—spending less, not living less.
Although the book was updated in 2018, some of the investment advice does read as a little stale now, given the rapidly changing market. However, the wisdom on offer is just as fresh and relevant as it was 30 years ago.
I Will Teach You to Be Rich
Who doesn’t want to be rich? Ramit Sethi throws most of the old-fashioned financial advice out the window with I Will Teach You to Be Rich. “Buy as many lattes as you want. Choose the right accounts and investments so your money grows for you—automatically. Best of all, spend guilt-free on the things you love,” the book promises.
Built on strong fundamentals, the financial advice in this book has stood the test of time for over a decade. It’s easy to read—no dry, boring lectures here—and with more than 11,000 rave reviews, you know it’s going to be good.
Broke Millennial: Stop Scraping by and Get Your Financial Life Together
Erin Lowery—AKA the Broke Millennial—wants to teach you how to stop living paycheck to paycheck. Millennials get a lot of hate online, but the truth is that this generation (who are now in their 30s, by the way) graduated from overpriced colleges into one of the worst economic downturns the United States has seen since the Great Depression.
That being said, Millennials don’t need to be stuck in a financial quagmire. Lowery’s fun, conversational writing style will make you feel like a trusted friend is giving you the best money advice ever.
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones
Although James Clear’s book on building habits might not seem like an obvious choice for a list of great financial reads, it’s actually a great companion to the other titles on this list. Clear provides a framework for making big changes in your life through small daily habit changes. This book is ideal for people who know they should cut back on recreational spending and make saving a priority but still fail to do it.
Over a hundred thousand readers have given this book rave reviews. That’s because Clear’s system actually works—as long as you stick with it. Once you’ve figured out the financial habits that are making it harder to live the kind of life you want, Atomic Habits can help you overcome them.
The One-Page Financial Plan: A Simple Way to Be Smart About Your Money
Written by a certified financial planner, this book breaks down seemingly complex concepts into easy-to-understand language. Carl Richards is refreshingly honest about the uncertainties of the financial world, pulling back the curtain to reveal the simple truths that underpin the market. With this book, you’ll have the tools you need to make better decisions about money in the future—and to regroup when things don’t go as planned.
No buzzwords here! The One-Page Financial Plan is written with action in mind. The steps here will help you plan like a pro.
The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
The financial advice found in The Simple Path to Wealth started off as a series of letters from JL Collins to his daughter. As the author states, “The simple approach I created for her and present now to you, is not only easy to understand and implement, it is more powerful than any other.”
Sound good? You’ll learn how to avoid debt (and get out of it if you’re already there), reframe the way you think about money, and avoid the predators of the investing world. This book is both straightforward and funny—and it’s packed with excellent guidance from one of the foremost financial experts.