If you’re looking to improve your financial literacy and build wealth, reading books on finance is an excellent place to start.
With so many finance books available in the market, it can be overwhelming to choose which ones to read first.
That’s why I’ve compiled a list of the top 5 best finance books to get rich.
These books cover a range of topics from the basics of personal finance to investing and offer practical insights and strategies to help you achieve financial success.
So, whether you’re a beginner Googling “how to make money” or a seasoned investor, these books are a must-read for anyone who wants to improve their financial literacy and build wealth.
Without further talk, let’s dive right in and discover the top finance books that can help you on your path to financial freedom.
1. Rich Dad Poor Dad by Robert Kiyosaki
I think we’ve all seen this book at least once or heard it being mentioned.
The book tells the story of Kiyosaki’s two “dads”: his biological father, who was highly educated but struggled financially, and his friend’s father, who had little formal education but was a successful entrepreneur and investor.
Through his experiences with both dads, Kiyosaki learned valuable lessons about money, investing, and wealth-building that he shares in the book.
The book’s central message is that in order to become financially successful, you need to think like an investor, not just a consumer or an employee.
Rich Dad Poor Dad offers practical advice and strategies for achieving financial independence, and its straightforward, easy-to-understand writing style makes it accessible to readers of all backgrounds and experience levels.
What you’ll learn:
- Don’t work for money, make money work for you
- Financial literacy
- The history of taxes
- Mind your own business
2. Think And Grow Rich by Napoleon Hill
This is the bible of successful people. It focuses on the 13 most common habits of wealthy and successful people and examines the power of thought.
Hill’s philosophy is that success is not just about hard work and determination, but also about mindset and attitude.
Through interviews with successful people like Thomas Edison and Henry Ford, Hill identified key principles for achieving success, such as goal-setting, persistence, and positive thinking.
“Think and Grow Rich” provides practical advice for putting these principles into action and achieving your goals.
Countless readers have been inspired by this book to pursue their dreams and achieve success, and its timeless wisdom continues to be relevant today.
The book will teach you how to:
- Get ahead in your career
- Develop a successful mindset
- Live life to the fullest
3. I Will Teach You To Be Rich by Ramit Sethi
Want to know how to save money on autopilot while allowing yourself to spend guilt-free on the things you enjoy?
The book is packed with practical advice and step-by-step guidance on a range of financial topics, including budgeting, saving, investing, credit cards, and negotiating your salary.
What sets this book apart is its focus on automating your finances, so you can put your money to work for you without having to constantly monitor it.
Sethi’s approach is all about using your money to live the life you want, rather than sacrificing your present for the sake of your future.
The author has a funny, sarcastic writing style and shares his best no-BS tips.
The key takeaways:
- Take responsibility for your financial situation
- Know how to handle your money
- Start investing ASAP, even if it’s just $1!
4. The Millionaire Next Door by Thomas J. Stanley and William D. Danko
Becoming a millionaire isn’t rocket science, it just a matter of planning well, living below your means and avoiding a few stupid mistakes.
The Millionaire Next Door by Thomas J. Stanley and William D. Danko is a groundbreaking book that challenges common misconceptions about the wealthy.
The authors conducted extensive research to uncover the characteristics and habits of America’s millionaires, and their findings are both surprising and enlightening.
They found that many millionaires live frugally, avoiding flashy cars and other status symbols, and instead focusing on building wealth through hard work and smart financial decisions. If you’d like to find out what separates the wealthy from the poor then check out my article on the 9 habits of wealthy people that you should copy.
This book is an excellent resource for anyone looking to understand what it takes to become wealthy and how to change their own financial habits to achieve financial independence.
You will learn:
- What to spend on
- How to save
- How to calculate your financial potential
5. Your Money or Your Life by Vicki Robin
If you’re a college student interested in financial independence, then Your Money or Your Life is a must-read book.
The authors encourage readers to think about their goals and how much money they’ll need to get there.
One of the most significant benefits of this book is its focus on the relationship between money and happiness.
The authors argue that by changing our relationship with money, we can free ourselves from the rat race of consumerism and live a more meaningful life.
They provide a nine-step program to help readers achieve financial independence and live more intentionally, with practical advice on everything from budgeting and saving to investing and reducing expenses.
Reading this book will teach you how to:
- Develop a savings plan and get out of debt
- Spend less and according to your values
- Save the planet while saving money
- Appreciate life and value your time
