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19 Best Finance Books That The Richest People Read

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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.

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        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


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                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

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                        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.”

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                                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:

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                                        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.

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                                        Last Updated on January 5, 2022

                                        33 Painless Ways to Save Money Now

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                                        33 Painless Ways to Save Money Now

                                        In a difficult economy, most of us are looking for ways to put more money in our pockets, but we don’t want to feel like misers. We don’t want to drastically alter our lifestyles either. We want it fast and we want it easy. Small savings can add up and big savings can feel like winning the lottery, just without all of the taxes.

                                        Some easy ways to save money:

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                                        1. Online rebate sites. Many online sites offer cash back rebates and online coupons as well. MrRebates and Ebates are two I like, but there are many others.
                                        2. Sign up for customer rewards. Many of your favorite stores offer customer rewards on products you already buy. Take advantage.
                                        3. Switch to compact fluorescent bulbs. The extra cost up front is worth the energy savings later on.
                                        4. Turn off power strips and electronic devices when not in use.
                                        5. Buy a programmable thermostat. Set it to lower the heat or raise the AC when you’re not home.
                                        6. Make coffee at home. Those lattes and caramel macchiatos add up to quite a bit of dough over the year.
                                        7. Switch banks. Shop around for better interest rates, lower fees and better customer perks. Don’t forget to look for free online banking and ease of depositing and withdrawing money.
                                        8. Clip coupons: Saving a couple dollars here and there can start to add up. As long as you’re going to buy the products anyway, why not save money?
                                        9. Pack your lunch. Bring your lunch to work with you a few days a week, rather than buy it.
                                        10. Eat at home. We’re busier than ever, but cooking meals at home is healthier and much cheaper than take-out or going out. Plus, with all of the freezer and pre-made options, it’s almost as fast as drive-thru.
                                        11. Have leftovers night. Save your leftovers from a few meals and have a “leftover dinner.” It’s a free meal!
                                        12. Buy store brands: Many generic or store brands are actually just as good as name brands and considerably cheaper.
                                        13. Ditch bottled water. Drink tap water if it’s good quality, buy a filter if it’s not. Get 
                                            a reusable water bottle and refill it.
                                          • Avoid vending machines: The items are usually over-priced.
                                          • Take in a matinee. Afternoon movie showings are cheaper than evening times.
                                          • Re-examine your cable bill. Cancel extra cable or satellite channels you don’t watch. Watch the “on demand” movie purchases too.
                                          • Use online bill pay. Most banks offer free online bill paying. Save on stamps and checks, and avoid late fees by automating bill payment.
                                          • Buy frequently used items in bulk. You get a lower per item price and eliminate extra trips to the store later on.
                                          • Fully utilize the library. Borrowing books is much cheaper than buying them, but in addition to books, most local libraries now lend movies and games.
                                          • Cancel magazine/newspaper subscriptions: Re-evaluate your subscriptions. Cancel those you don’t read and consider reading some of the other publications online.
                                          • Get rid of your land-line. Do you really need a land-line anymore if everyone in the family has a cell phone? Alternatively, look into using VOIP or getting a cheaper plan.
                                          • Better fuel efficiency. Check the air pressure in your tires, keep up with proper auto maintenance, and slow down. Driving even 5MPH slower will result in better fuel mileage.
                                          • Increase your deductibles. Increasing the insurance deductibles on your homeowners and auto insurance policies lowers premiums significantly. Just make sure you choose a deductible that you can afford should an emergency happen.
                                          • Choose lunch over dinner. If you do want to dine out occasionally, go at lunchtime rather than dinnertime. Lunch prices are usually cheaper.
                                          • Buy used:  Whether it’s something small like a vintage dress or a video game or something big like a car or furniture, consider buying it used. You can often get “nearly new” for a fraction of the cost.
                                          • Stick to the list. Make a list before you go shopping and don’t buy anything that’s not on the list unless it’s a once in a lifetime, killer deal.
                                          • Tame the impulse. Use a self-enforced waiting period whenever you’re tempted to make an unplanned purchase. Wait for a week and see if you still want the item.
                                          • Don’t be afraid to ask. Ask to have fees waived, ask for a discount, ask for a lower interest rate on your credit card.
                                          • Repair rather than replace. You can find directions on how to fix almost anything on the internet. Do your homework, and then bring out your inner handyman.
                                          • Trade with your neighbors. Borrow tools or equipment that you use infrequently and swap things like babysitting with your neighbors.
                                          • Swap online. Use sites like PaperBack Swap to trade books, music, and movies with others online. Also, look for local community sites like Freecycle where people give away items they no longer need.
                                          • Cut back on the meat. Try eating a one or two meatless meals every week or cut back on the meat portions. Meat is usually the most expensive part of the meal.
                                          • Comparison shop: Get in the habit of checking prices before you buy. See if you can get a better price at another store or look online.

                                          Remember that saving money is not about being cheap or stingy; it’s about putting money into your bank account rather than giving it to someone else. There are many ways to save money, some you’ve never thought of, and some that won’t appeal or apply to you. Just pick a few of the ideas that sound doable and watch the savings add up. Save big, save small, but save wherever you can.

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                                          Featured photo credit: Damir Spanic via unsplash.com

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