Advertising
Advertising

19 Best Finance Books That The Richest People Read

19 Best Finance Books That The Richest People Read

If you want to become one of the richest people, should you just read what they read?

Maybe.

But there’s more. Besides getting the information the wealthy are getting, more importantly, you should also learn thinking about money and prosperity like they do.

You Need These 2 Types of Finance Books:

1. The financial information in black and white, tried and true. Follow it and you’re bound to succeed.

2. Your own inside ideas and beliefs about money may need to be shifted. Without doing this, no black and white money plans will ever work for the long term or even at all.  There are books that deal with both below.

Read both types of books and you may be well on your way to be a rich.

    The Law of Divine Compensation, On Work, Money and Miracles

    by Marianne Williamson

    According to Marianne Williamson, our thoughts create our financial reality.

    “In our ability to think about something differently lies the power to make it different”.

    This is a book of work, money and miracles.

    eBook |Print |  Audiobook


      The Science of Getting Rich

      by Wallace Wattles
      This book from 1910 provided the intellectual framework for many personal wealth-building seminars.  Wallace Wattle believed that how you think about your ability to accumulate wealth is how you create wealth. If you believe that money is evil, you won’t be wealthy.

      eBook | Print | Audiobook


        The 50th Law

        by 50 Cent and Robert Greene

        Robert Greene is an American author and speaker known for his books on strategy, power and seduction. He has written four international bestsellers: The 48 Laws of Power, The Art of Seduction, The 33 Strategies of War, The 50th Law with 50 Cent.

        This book is recommended by top entrepreneur’s, with the central theme of this being fearlessness, something much needed in re-framing your thoughts about wealth, being rich, and that anyone can make it financially.

        Advertising

        eBook | PrintAudiobook


          Secrets of the Millionaire Mind

          by T. Harv Eker

          This is my personal favorite. It is written by T. Harv Eker, a man that made it to the top a few times and delves into the mind and beliefs of wealthy people.

          It has strategies that are simple to follow and he offers a free, live event to learn the tools in this book. He says the change of attitude is just as important as financial education and he shows you just how to do this.

          eBook | Print | Audiobook


            How to Get Out of Debt, Stay Out of Debt & Live Prosperously

            by Jerrold Mundis

            This may be the book you want to pick first.  Many wealthy individuals live frugally at first and understand the importance of eradicating your debt. Then you can go ahead and create your wealth.

            Don’t skip this one.

            eBookPrint |  Audiobook

              Think and Grow Rich

              by Napoleon Hill

              This book was written after the 1929 great depression and took two decades of research that the author Napoleon Hill conducted.

              He was a poor journalist and interviewed over five hundred people that were successful. John D. Rockefeller, George Eastman, W. Wrigley Jr., and Charles Schwab, and more. This book is his research in the form of steps that are still relevant today.

              Books on Financial Information:

              eBookPrint |  Audiobook


              Advertising

                The Automatic Millionaire

                by David Bach

                This book is a great start. It’s a common sense approach that is step by step.

                eBookPrint |  Audiobook


                  The Intelligent Investor of Practical Counsel

                  by Benjamin Graham and Jason Zweig

                  Written in 1949, Warren Buffet has turned to this book often.

                  “Chapters 8 and 20 have been the bedrock of my investing activities for more than 60 years,” he says. “I suggest that all investors read those chapters and reread them every time the market has been especially strong or weak.”

                  eBook | Print | Audiobook


                    The Investment Answer

                    by Daniel C. Goldie, CFA, CFP and Gordon S. Murray

                    Gordon Murray teamed up with his financial adviser, Daniel Goldie after he was diagnosed with brain cancer. This is a simple guide to investing.

                    “I don’t think you can get a better unbiased approach. The guy has nothing to gain other than to give his last and best advice,” says Steve Lockshin, founder and chairman of Convergent Wealth Advisors.

                    eBook |  Print | Audiobook


                      Jim Cramer’s Get Rich Carefully

                      by James J. Cramer
                      Jim Cramer’s new book if full of research and logic.

                      eBook | Print | Audiobook


                        One Up On Wall Street

                        by Peter Lynch

                        Advertising

                        The Author, Peter Lynch gives you information on how he invests and uses a sensible approach.  He includes how to view important factors when making an investment choice such as how to analyze a company.

                        eBook | Print |  Audiobook


                          Screw It, Let’s Do It: Lessons In Life

                          by Richard Branson

                          “In Screw It, Let’s Do It I’ll be looking forwards to the future. A lot has changed since I founded Virgin in 1968, and I’ll explain how I intend to take my business and my ideas to the next level and the new and exciting areas – such as launching Virgin Fuels – into which Virgin is currently moving.

                          But I have also brought together all the important lessons, good advice and inspirational adages that have helped me along the road to success”.

                          eBookPrint |  Audiobook


                            The Richest Man in Babylon

                            by George S. Clason
                            George S. Clason’s parables about acquiring wealth have inspired investors since the 1920s.  He emphasizes charitable giving, and saving over spending.

                            eBookPrint | Audiobook


                              The Millionaire Fast Lane

                              by M J DeMarco

                              One of his strategies:  to use the volatility of the financial markets to get rich quickly and enjoy it now.

                              “Show me a 22-year-old who got rich investing in mutual funds. Show me the man who earned millions in three years by maximizing his 401k. Show me the young twenty-something who got rich clipping coupons. Where are these people? They don’t exist.”

                              eBook | Print | Audiobook


                                The Millionaire Next Door

                                by Thomas Stanley and William Danko

                                By an Amazon reviewer: “Every now and then very, very special book comes along with a “aha” and this is such a book. Many people are spending their way through high incomes—keeping up with the “JONESES” high profile lifestyle’s encumbered with high debt and zero savings. I worked for a millionaire one time who said “Money buys clothes, clothes don’t buy anything!” He advised us to buy our “toys” clothes, cars, vacations etc. off profits of profits and never spend principal!” That is the basic premise of this book – build profits, then enjoy them – but don’t spend principal.”

                                Advertising

                                eBookPrint | Audiobook


                                  Rich Dad Poor Dad

                                  by Robert T. Kiyosaki

                                  “An eighth-grade dropout who spends less than he earns is smarter than a college professor who can’t make ends meet”

                                  This book makes it to most lists on financial freedom and wealth. He says that the key to great wealth is a person’s ability to convert earned income, such as a paycheck into passive income.

                                  eBookPrint | Audiobook


                                    Spirit Driven Success

                                    by Dani Johnson
                                    This book is based on her personal experience as one of the most sought after success coaches in the world, and a self-made multi-millionaire. Inside, you’ll discover the spiritual keys that unlock the door to true wealth. You’ll also uncover the habits that lead to poverty and the lies about money.

                                    eBook | Print | Audiobook


                                      The Little Book of Common Sense Investing

                                      by John C. Bogle
                                      The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns is a 2007 book on index investing, by John C. Bogle, the founder and former CEO of the Vanguard Group.

                                      eBook | Print | Audiobook


                                        Market Wizards

                                        by Jack D. Schwager

                                        Market Wizards is a book written by Jack D. Schwager and published in 1988 in which he interviews a wide range of traders with excellent track records of profitability.

                                        eBook | Print | Audiobook

                                        You are now armed with 19 books on how to think like the rich and how to invest like they do.

                                        Here is my challenge:

                                        Read one book a week for the next 19 weeks and in less than a half a year you could be well on your way to a future of wealth, profit and freedom to live the life you desire.

                                        More by this author

                                        Lifehack Reads

                                        Lifehack Reads is the curated collection of our favorite books, carefully categorized and sorted by our Editorial Team.

                                        Good Book to Read: What I Know For Sure Here Is How You Can Turn That Frown Upside Down Today Knock Knock, Is Compassion Home? What To Do When Someone Moves Your Cheese? Balancing The Tight Rope Of Your Personal And Professional Life

                                        Trending in Money

                                        1Top 10 Recommendations on Money Management Apps 2How Much Should I Spend on Rent? Find Your Answer Here 3How Much Money Do I Need to Retire? Find Your Answer Here 4The Ultimate Guide to Make Saving Money Fast and Easy 56 Easy Ways to Treat Yourself

                                        Read Next

                                        Advertising
                                        Advertising

                                        Published on July 4, 2018

                                        Top 10 Recommendations on Money Management Apps

                                        Top 10 Recommendations on Money Management Apps

                                        Don’t want to overspend your budget, swipe your credit card too many times, and feel like a financial mess? Instead of beating yourself up for the bad financial decisions you’ve ever made, create a new plan!

                                        The solution is simple, save more and spend less. But, we all know it’s easier said than done.

                                        One problem is finding quality apps that save you time and money, and aren’t just hype.

                                        Luckily, there’re many great money management apps available at your fingertips. Here are 10 reliable money management apps that can help you save money, and crush debt.

                                        1. Personal Capital

                                          When was the last time you’ve tracked your net worth? Probably months ago or maybe never. Personal Capital allows you to easily track your net worth and plan for retirement.

                                          Here are some of its main features:

                                          • Sync many investment accounts, and expenses (mortgage, credit cards, etc.) in one place
                                          • Discover hidden fees and how much they’re affecting your retirement plan
                                          • Wealth management for investors requiring a long-term strategy

                                          With Personal you’re free to track your expenses and net worth.

                                          Available for: iOS and Android

                                          2. Mint

                                            If your smartphone could only install a few apps, Mint would be one of them. Why? Because Mint tracks all your balances and bills in one place.

                                            Here are some of its main features:

                                            Advertising

                                            • Effortlessly track all your bills and balances in one dashboard
                                            • Categorized expenses to understand where you spend your money
                                            • Uncover hidden fees, and determine your investment style with sophisticated retirement tools.

                                            Feel at ease with managing your money by a reputable company that isn’t going anywhere.

                                            Available for: iOS and Android

                                            3. YNAB

                                              Everyone needs a budget, there’s no way around it. YNAB (You Need A Budget) is an easy to use app that will change the way you think about money. Their motto is to “give every dollar a job”, and you’ll quickly discover why.

                                              Here are some of its main features:

                                              • Easily sync all bank accounts in one place
                                              • Visually see your debt paying progress with eye-catching charts and notifications
                                              • Customized categories setting saving goals

                                              The best part about YNAB is the community that comes along with it. You can hop on the YNAB forum to receive support, listen to the YNAB Podcast or stay tuned for their weekly videos.

                                              Available for: iOS and Android

                                              4. Wealthfront

                                                Albert Einstein once said “compound interest is the eight wonder in the world”, and for a very good reason. The problem is, most people are scared or unwilling to learn the basics of investing. This is why Wealthfront is the perfect solution for the hands-off investors.

                                                Here are some of its main features:

                                                • Variety of investment account options including IRA, Roth IRA, and more
                                                • Your portfolio composed of 7 different asset classes
                                                • Automatically rebalanced portfolio
                                                • Daily tax loss harvesting

                                                Wealthfront is perfect for people requiring investment guidance, or prefer a hands-off solution.

                                                Available for: iOS and Android

                                                Advertising

                                                5. Clarity Money

                                                  If you’re staying on top of your budget but want to take your finances to the next level, Clarity Money can help you. Clarity Money helps you stay under budget and build a personalized savings plan.

                                                  Here are some of its main features:

                                                  • Easily cancel subscriptions with one click
                                                  • Synchronize bank accounts fast
                                                  • Transfer money effortlessly between different accounts

                                                  Clarity Money isn’t an app that does it all. But, it does make transferring money and canceling subscriptions fast and efficient.

                                                  Available for: iOS and Android

                                                  6. Acorns

                                                    What if there was a way to quickly gain confidence in investing your money, without too much risk? There is, and Acorns is your solution. With Acorns’s technology, you’re able to make investments as small as $5.

                                                    Here are some of its main features:

                                                    • Automatic contribution option
                                                    • Customized portfolio tailored to your needs
                                                    • Low management fees ranging from $1-$2 per month

                                                    Stop wasting dollars on expensive coffee. Instead, invest them towards a brighter financial future.

                                                    Available for: iOS and Android

                                                    7. Albert

                                                      Do you budget by only subtracting your expenses from your income? If so, how would you discover any overpayments or extra money you could save? This is where Albert shines, and it does it all free.

                                                      Advertising

                                                      Here are some of its main features:

                                                      • Receive notifications for overpayments, hidden fees, and low balances
                                                      • An Automatic budget that’s built around your spending and income
                                                      • Easily track debt and set new financial goals

                                                      While Albert does offer a paid option, most of its core features are FREE. So, what better option to save?

                                                      Available for: iOS

                                                      8. Prism

                                                        Have you recently forgot to pay a bill because life got in the way? Prism automatically tracks your bills and syncs your bank accounts in one place.

                                                        Here are some of its main features:

                                                        • View all your account balances in one glance
                                                        • Bill due dates are automatically pulled and tracked
                                                        • Receive early reminders for upcoming bills

                                                        If your budget is on “fleek” but can’t seem to stay on top of your bills, Prism is your go-to app.

                                                        Available for: iOS, Android, Windows, Amazon

                                                        9. Mvelopes

                                                          Remember hearing about people using envelopes to budget their money? Well, Mvelopes is the new envelope system for this generation. Easily create monthly budgets and track your saving goals.

                                                          Here are some of its main features:

                                                          • Connect unlimited bank accounts
                                                          • Real-time budgeting with auto transaction syncing
                                                          • Low monthly $4 fee or $40 annual

                                                          Mvelopes can help you crush debt, save more, and help you stop overspending. With its low monthly fee, it’s worth a try.

                                                          Advertising

                                                          Available for: iOS and Android

                                                          10. Wallaby

                                                            Most people don’t have time to track their credit card’s changing rewards and interest rates. Because of this, you need help reaping the most of your credit card’s rewards. Wallaby is the app that will help you do just that.

                                                            Here are some of its main features:

                                                            • Automatic recommendations for the best credit card to use for each transaction
                                                            • A friendly user interface, displaying credit cards with their corresponding images
                                                            • Free to use

                                                            If you’re using the same credit card to make your purchases, you may be leaving money on the table. Give Wallaby a try if you’re ready to maximize your credit card’s rewards.

                                                            Available for: iOS and Android

                                                            Take control of your finances and experience financial freedom

                                                            Picture yourself staying on budget and saving more money than you’d ever imagined.

                                                            It took hard work and dedication but you’d finally learned how to manage your money. You have to start taking control of your spending and saving habits.

                                                            You now have a list of reliable apps that can help you build better money habits, what are you waiting for?

                                                            Featured photo credit: Pexels via pexels.com

                                                            Read Next