Personal financial books are great for beginners to learn about how finances and investments work and how to manage money.
Some of the best books for you to start with are:
- “The Prosperity Bible,”
- “Think and Grow Rich,”
- “The Total Money Makeover,”
- “Rich Dad, Poor Dad,”
- “Broke Millenial,”
- “Money Master the Game,”
- “The Intelligent Investor”
- “The Little Book of Common Sense Investing”
- “The 4-Hour Work Week”
- “The Psychology of Money”
- “The Automatic Millionaire”
- “How to Retire Rich”
- “The Richest Man in Babylon”
- “The Simple Path to Wealth”
- “The Art of Getting Money”
- “The Behavior Gap”
For more information on the best personal finance books for beginners, read this post with a detailed list of what makes these books great.
What are the Best Personal Finance Books for Beginners?
If you are learning about finance, some books can help you learn how to manage your earnings, save for the future, and live a financially rewarding life. Some of these books include:
1. “The Prosperity Bible” by Jeremy Tarcher
‘The Prosperity Bible” is a book edited and compiled by Jeremy Tarcher with writings by some of the most famous authors about personal finance, the power of positive thinking, and money management.
2. “Think and Grow Rich” by Napoleon Hill
The 1937 book “Think and Grow Rich” by Napoleon Hill is a great option to learn about overcoming a poverty mindset, setting financial and business goals, and staying motivated to complete them.
3. “The Total Money Makeover” by Dave Ramsey
Dave Ramsey’s “The Total Money Makeover” book teaches you how to overhaul your finances to pay down debt and attain financial freedom.
4. “Broke Millenial” by Erin Lowry
“Broke Millenial” is a book written by Erin Lowry that teaches millennials with money troubles how to get out of debt, raise credit scores, and make sound financial investments.
5. “Money Master the Game” by Tony Robbins
In ‘Money Master the Game” by Tony Robbins, you can learn how to get out of debt and achieve financial independence through investing in the stock market.
6. “The Intelligent Investor” by Benjamin Graham
Famous investor and economist Benjamin Graham wrote “The Intelligent Investor.” The book teaches you how to avoid bad investments, value stocks, and prevent emotional investments and greed from affecting your portfolio.
7. “The Little Book of Common Sense Investing” by John C. Bogle
Founder of the Vanguard Group, John C. Bogle, wrote “The Little Book of Common Sense Investing.” It contains information about low-cost investing and gives tips to avoid the urge to chase short-term gains.
8. “The 4-Hour Work Week” by Timothy Ferriss
“The 4-Hour Work Week” is a book by Timothy Ferriss that teaches you how to get out of debt and balance your finances with the other aspects of your life.
9. “The Psychology of Money” by Morgan Housel
In “The Psychology of Money,” Morgan Housel shows the connection between psychology and money and gives tips for managing emotions and finance.
10. “The Automatic Millionaire” by David Bach
David Bach’s book “The Automatic Millionaire” gives a step-by-step guide to overcoming money troubles and building sustainable wealth over a more extended period through small actions that help you reach your long-term goals.
11. “How to Retire Rich” by Donna Skeels Cygan
“How to Retire Rich” by Donna Skeels Cygan focuses on how to make wise decisions with your investment portfolio so you can eliminate debt and retire comfortably.
12. “The Richest Man in Babylon” by George S. Clason
The classic personal finance book, “The Richest Man in Babylon” by George S. Clason, teaches the basics of budgeting and financial management through parables set in Babylon.
13. “The Simple Path to Wealth” by JL Collins
The JL Collins book, “The Simple Path to Wealth,” gives straightforward steps to gaining financial freedom.
14. “The Art of Getting Money” by PT Barnum
PT Barnum was a wealthy businessman who founded the Barnum & Bailey Circus and wrote “The Art of Getting Money.” It is a personal finance book that draws from his own experiences in business and life.
15. “The Behavior Gap” by Carl Richards
Carl Richard’s book ‘The Behavior Gap’ is an instructional guide to overcoming the behaviors that give someone a poverty mindset.
Final Thoughts on the Best Personal Financial Books for Beginners
When it comes to learning about money, some of the best personal finance books can help you learn essential tips for gaining financial freedom, setting yourself up for a comfortable retirement, eliminating debt, and more.
Go through the list above to pick one to read that covers the topics you most want to learn about. Then, move on to the others for a well-rounded education on financially setting yourself up for success.
Read the other posts on our site for motivation to achieve financial freedom and to learn about other personal finance topics.