One of the best ways to increase your skills and intellect is by reading books. By reading a good book on finance you consume a huge amount of research in a relatively short period of time. These books help you manage and understand the ideas behind money, savings, investments, finance, and budgeting.
The best way to get a grip on your finances and grow your funds is to learn, educate yourself on money, and shape your mind towards financial freedom.
So we searched for 30 “Best of Lists” highlighting the most recommended Books about Finance by various sites and combined the 11 most earmarked Finance Books that kept appearing on recently published lists.
From a total of 174 Finance Books reviewed and ranked, here are 11 of the Most Recommended Finance Books that appear on most of the Best Finance Books lists to get you on the route to financial freedom.
1. The Intelligent Investor: The Definitive Book on Value Investing | Benjamin Graham and Jason Zweig
A Philosophy published in 1949 Teaches on investment and finance approach. The intelligent investor has 13 out of 20 times been listed in the hallmark of Grahams, not for profit maximization but loss minimization. In this respect, the Intelligent Investor is a book for true investors, not speculators or day traders. Also recommended by the most successful investors, Barron’s American premier financial magazine, and Fortune Magazine.
2. Your Money or Your Life | by Vicki Robin and Joe Dominguez
The author Vicki Robin shares 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence” dare to express the idea that living frugally will make you happier.
Earning money should not mean misery, you just have to learn to structures your budget accordingly. Overall, it’s not so much about learning to budget as it is about living within your means by changing your habits and enjoying life.
Your Money or Your Life is a book listed 4 out of 20times, highly recommended by John Robbins (The best selling author and president of the Food Revolution Network).
3. The Richest Man in Babylon | by George S. Clason
The Richest Man in Babylon is a book written in 1920, listed 6 out of 20 times. George Samuel Clason issued the first-ever famous series as he dispenses financial advice through a collection of parables set 4000 years ago in ancient Babylon.
Still regarded as the classic of personal finance advice, his book is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful. This book is a refreshing read for even the most experienced investor as recommended by the Los Angeles Times.
4. Rich Dad Poor Dad | by Robert T. Kiyosaki and Sharon Lechter
Rich dad poor dad was written in 1997. Listed 3 out of 20times, this book advocates the importance of financial literacy, financial independence and building wealth through investing in assets, real estate investing, starting and owning businesses as well as increasing your financial intelligence to improve one’s businesses.
“Rich Dad Poor Dad is a starting point for anyone looking to gain control of their financial future.” (USA TODAY) Also Recommended by NY Times bestseller for over 6 years.
5. The Millionaire Next Door | by Thomas Stanley and William Danko
The Millionaire Next Door was written in 1996, listed 5 out of 20times. This book is a compilation of research done in 1973, by the author in the profile of millionaires with a net worth exceeding one million dollars. (USD)
The authors compare the lifestyle of the under accumulators of wealth and the prodigious accumulators of wealth. They found out that millionaires were disproportionately clustered in the middle class and blue-collar neighborhoods, not in the more affluent or white-collar communities.
This book further explains why noting that high-income white-collar professionals are more likely to devote their income to status items or luxury goods thus neglecting savings and investments.
“The kind of information that could lift the economic prospects of individuals more than any government policy…The Millionaire Next Door has a theme that I think rings very true…”Hey, I can do it. You can do it too!” As recommended by Rush Limbaugh.
6. Think and Grow Rich | by Napoleon Hill
Think and Grow Rich reveals the secrets that can bring you a fortune. By suppressing negative thoughts and keeping your focus on the long term, you can find true and lasting success.
“The most powerful instrument we have in our hands is the power of our mind.” – Napoleon Hill
Napoleon Hill compiled this philosophy of American achievement for the benefit of all people in 13 principles. 7 out of 20 times listed one of the most popular personal development and self-improvement books of all time with over 100 million copies sold since its first publication.
I strongly commend this philosophy to you for achievement and service in your chosen field.” as Recommended by Senator Jennings Randolph West Virginia.
7. One Up On Wall Street |by Peter Lynch
Listed 7 out of 20 times talks about how to use what you already know to make money in the market. Peter Lynch is America’s number-one money manager. His mantra: Average investors can become experts in their field and can pick winning stocks as effectively as Wall Street professionals by doing just a little research.
“Mr. Lynch’s investment record puts him in a league by himself.” (Anise C. Wallace The New York Times). Also Recommended by The elite of the investment community.
8. The Automatic Millionaire | by David Bach
The Automatic Millionaire written by David Bach originally published in 2005 explains that you do not need to get rich through a budget but with a well laid out plan. The book offers timeless principles including phone numbers, websites, and every element that will get you started on your road to wealth within an hour.
Also Recommended by New York Times and Business week.
9. The Science Of Getting Rich | Wallace D. Wattles
Wallace D. Wattles spent a lifetime considering the laws of success as he found them in the work of the world’s great philosophers. He then turned his life effort into this simple, slender book – a volume that he vowed could replace libraries of philosophy, spirituality, and self-help to attain one definite goal: a life of prosperity
He further explains how creation and not competition is the hidden key to wealth attraction, and how your power to get rich uplifts everyone around you. The Science of Getting Rich concludes with Wattle’s rare essay “How to Get Want You Want” – a brilliant refresher of his laws of wealth creation.
10. The Total Money Makeover | by Dave Ramsey
The Total Money Makeover is a proven plan for financial fitness. Listed 7 out of 20 times, Dave’s all-time bestselling book has helped millions of families get rid of debt and change their lives forever with its simple, practical seven-step plan. How does it work? By getting to the heart of your money problems: You.
Dave condenses his 20 years of financial teaching and counseling into 7 organized, easy-to-follow steps that will lead you out of debt and into a Total Money Makeover. Plus, you’ll read over 50 real-life stories from people who have followed these principles and are now winning with their money. It is a plan designed for everyone, regardless of income and age.
11. How Rich People Think | by Steve Siebold
In this book the author Steve Siebold spent 30 years interviewing 1, 000 millionaires and billionaires to figure out what distinguished them from the average person.
This book will teach you how rich people think. It compares thoughts, habits, and philosophies of the middle class to the world-class when it comes to wealth. The differences are as extreme as they are numerous.
In conclusion
To get hold of your finances, plan, and organize your account system, we recommend you read and understand the books listed above.
Furthermore, it gets you out of debt and helps you live in financial freedom.