Oct 15, 2024

8 books that will completely change the way you handle money and finances

Aakanksha Sharma

Wealth management and growth

Having a hold of your finances is very important in today’s world. Money, wealth, finances, investing, portfolio, are all topics one should be updated with! And so, here we mention 8 books that will change and improve the way you handle your wealth.

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‘Rich Dad, Poor Dad’ by Robert Kiyosaki

One of the most famous books about money and wealth management, ‘Rich Dad, Poor Dad’ is Kiyosaki’s comparison between his friend’s dad (rich dad) and his dad (poor dad) and how they managed their wealth and finances.

PLATA-PUBLISHING

‘The Psychology of Money’ by Morgan Housel

Evident by the name, Housel’s book talks about the psychological factors that affect your financial decisions. Housel talks about how personal habits, emotions, and mindsets dictate your financial success.

Jaico-Publishing-House

‘Think and Grow Rich' by Napoleon Hill

Reading ‘Think and Grow Rich’ is like realising that with a clear mindset everything is possible. Hill explains people how positive thinking, visualisation, and a desire to achieve your goals are important parts of wealth-building.

TarcherPerigee

‘The Millionaire Next Door’ by Thomas Stanley and William Danko

While people think that millionaires live a lavish life, spending money on little vices, this book says otherwise. Stanley and Danko say that most millionaires are not flashy spenders, and actually live below their means.

Longstreet-Press

‘The Richest Man in Babylon’ by George S. Clason

‘The Richest Man in Babylon’ uses ancient wisdom to teach modern-day solutions to your money problems. The main topics that the author touches are - save a chunk of your income, invest long term in the right places, and above all, live below your means.

Penguin-Enterprise

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‘The Total Money Makeover’ by Dave Ramsey

Dave Ramsey’s ‘The Total Money Makeover’ gives people a step-by=step plan to get out of their debt and stay out of that trap for as long as possible. Ramsey talks about ‘Baby Steps’ that include having a small emergency fund, paying off debt with ‘debt snowball method’, etc.

Thomas-Nelson

‘The Intelligent Investor’ by Benjamin Graham

Investing has become an excellent way to save and grow your money. But mindless investing can result in great losses! So, Benjamin Graham’s ‘The Intelligent Investor’ helps people understand the stock markets and the importance of value investing.

Harper-Business

‘The Compound Effect’ by Darren Hardy

‘Compound effect’ is basically when small actions or investments give greater returns over time. And this book by Hardy talks about how making small, smart choices consistently with your money will give a great return overtime.

Manjul-Publishing-House

Thanks For Reading!

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