Personal Financial Tips

Best Personal Finance Books | To Transform your Money Mindset

You may have heard that knowledge is the key to achieving your goals. After all, it’s hard to chase dreams when you don’t know the means necessary to reach them. Concerning personal finance, it is no different. Those who dream of achieving financial freedom need to study regularly. That’s why, in this article, we’ve created a list of the best personal finance books.

Altogether, these books bring from the most basic financial planning and management notions to teachings on how to invest and make your money pay off.

With these readings, you can broaden your view of financial education and change how you view your finances for the better.

Best Personal Finance Books

Best Personal Finance Books

Rich Dad Poor Dad by Robert Kiyosaki

This list couldn’t start with any suggestion other than one of the greatest classics on financial education. “Rich Dad, Poor Dad” is one of the best-selling books on this topic worldwide and presents a unique approach to subjects such as entrepreneurship, personal finance, and habits for building wealth.

In this book, the author introduces two of the most exciting concepts about finance: the “rat race” and what is considered an asset for individuals.

The rat race is a vicious cycle that involves improvements in the standard of living as you increase your earnings. For example, an employee is promoted and earns more. Instead of saving this money, the employee ends up finding other ways to spend his money.

In other words, the more you earn, the more you spend. This factor makes it impossible for human beings to get rich since money only serves to keep the cost of living that grows faster and faster. This is the “rat race.” What makes one rich is more a matter of habits than knowledge.

What the book proposes is an escape route from this trap. The leading suggestions are entrepreneurship and investment in assets.

Attention, it is essential not to confuse entrepreneurship with opening your own business. After all, in this case, the concept refers to a thought that prioritizes passive income creation.

Smart couples get rich together

This book is one of the great successes of the renowned author Gustavo Cerbasi. This book initially approaches personal finance, showing the theme from the perspective of a couple.

The book Smart Couples Get Rich Together is easy to read, enjoyable, and teaches you how to identify the financial profiles of couples, besides, of course, the result of the combination of different profiles. 

This book also covers questions about how to plan finances together and several basics about investing and saving. It further shows how a couple can work together to have a more balanced financial life.

It’s a good read for couples who want to build an intelligent family budget while focusing on wealth freedom.

How to make your money grow throughout life by Pedro Barata

Reform is a sensitive issue in the world economy. Nobody wants to be economically vulnerable at the stage of life when there is usually more health care. As such, finding alternative incomes is often a concern. Analyst and investment fund manager Pedro Barata brings you some practical tips to prepare for the reform.

To ensure a restful old age, you need to find a way to multiply your money and make it pay off for years to come. For this, it is necessary to acquire knowledge of savings and investment. 

In this book, the author answers some questions regarding retirement preparation, such as how much you need to save, which investments are most suitable, where to start investing and how long it will take to reach an adequate income level.

The Power of Financial Education by Robert Kiyosaki

This is another book by author Robert Kiyosaki that is also a worldwide bestseller. Here, he addresses the importance of financial education to change habits that are not healthy for the pocket and how anyone, whether poor or rich, can succeed in finance by investing in knowledge about the subject.

In addition, the book is seen worldwide as one of the leading financial education books.

The Secrets of the Millionaire Mind by T. Harv Eker

This work could not be missing from our list of the best personal finance books. The book has already reached more than 5 million copies sold worldwide. It also shows how you can learn to get rich by adopting the same habits of successful people.

In addition, the author also makes an essential reflection on what he calls “his money model.” This entails beliefs that people have acquired since childhood and that determine the fate of their finances.

I will teach you how to be rich by Ben Zruel

Middle-class people similarly live their lives. They spend everything they earn to maintain the highest standard of living they could. Thus, there is little or no money left, and it is common to use bank loans with very high interest rates.

Without knowing the rules of the game, middle-class families acquire debts to pay off other debts. From families with the rope around their necks, how and where to start balancing the finances? How to get out of this situation? Is it necessary to live like this forever?

With an accessible text and an untraditional approach, Ben Zruel, in his book “I will teach you how to be rich,” uses his experience as an entrepreneur and speaker to teach the reader a practical method applicable to anyone. With this book, you can also build your financial freedom, regardless of how much you earn per month.

Whoever thinks gets rich by Napoleon Hill.

This is also one of the most impactful books on financial education, and this classic could not be missing from the best personal finance book.

Napoleon Hill is an author who spent over 20 years studying the most successful people in the world at the time. He worked with Tomas Edison and Henry Ford (among many other successful entrepreneurs) to write this book. Studying this multitude of highly successful people, Napoleon realized that the most significant similarity was their mindset.

Throughout the book, the author explains which are the main mental models and their characteristics. In this book, the author also talks a little about how the Mastermind concept came about. It also speaks on how to apply it to your personal finance.

The Intelligent Investor by Benjamin Graham

A must-read for any aspiring investor, The Intelligent Investor was considered the best book on investments by Warren Buffett, a great reference in the financial market.

The book’s author is Benjamin Graham, a very influential English economist of the first half of the 19th century.  In this book, the author speaks about his philosophy concerning investments. In addition, it also points out key economic concepts.

But perhaps the book’s most valuable lesson is its view that there are three pillars to managing investments: 

  • Financial education;
  • Understanding of market dynamics;
  • Long-term vision

No wonder the classic is a reference with regards to personal finance to this day. Worth reading!

Enrichment Factor by Paulo Vieira

“I once met a person so poor, so poor, that the only thing she had was money.” You’ve probably heard that catchphrase around. And you must have already met someone with the following profile: a successful professional, with a position of responsibility in a large company, but who, in his personal life, does not find the wealth he would like to have.

Such accounts make us think: what constitutes actual wealth? True riches, according to Paulo Vieira, the book’s author, integrates the three character traits of becoming (identity), acting (capacity), and possessing (deserving).

But how does this work in practice? After years of studying the financial behavior of his clients, the author discovered the four variables that influence and determine an individual’s capacity for enrichment, arriving at a mathematical equation called the Enrichment Factor.

Discover this new methodology and find the foundations to create your wealth equation! Take an X-ray of your financial health. Know what limiting behaviors and beliefs keep you from getting rich.

Learn the five conducts of wealth. Set financial goals that you can reach. Find out which financial mindset you fit into and how to turn it around. Want to get rich? The turning point is now!

The 16 Laws of Success by Jacob Petry

To close the list of the best personal finance books, we present The 16 Laws of Success. This is a hands-on course that brings together the 16 powerful lessons that underlie the entire philosophy of Napoleon Hill, the greatest genius in the field of personal achievement and applied psychology of all time.

Countless millionaires, leaders, and great personalities worldwide attribute their success to the practical application of the principles elaborated by Hill. Now, for the first time in history, Hill’s knowledge and wisdom have been condensed by one of the most outstanding scholars of his work to offer a simple, objective, and practical step-by-step of his lessons.

A legacy that remains as important and current today as it was at the time of its publication. This can be seen in some of its maxims:

Those who do not have a purpose in life dissipate their energies, disperse their thoughts, and will never reach triumph.

Wealth, when it comes, comes so quickly and in such abundance that we wonder where it hid during hard times. Without the power to turn them into action, plans are useless. Anyone who does not see great wealth in the imagination will never see it in his bank account.

In this modern and revised edition of the original classic, better known as The Law of Triumph, Jacob Petry, one of the leading contemporary connoisseurs of Hill’s philosophy, clearly and objectively brings everything you need to know to understand, absorb and employ the 16 powerful laws for creating success and wealth through your personal finance.

Frequently Asked Questions

How do I get a rich mindset book?

Use the list above to choose a rich mentality book, or do some internet study. Student Loan Hero is an excellent online partner in this area. This free webpage is solely dedicated to assisting student loan debtors in obtaining all of the information they want. This also includes the following:

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What are the best financial advice books?

The best financial advice books include:

  • Rich Dad Poor Dad by Robert Kiyosaki
  • Smart couples get rich together
  • How to make your money grow throughout life by Pedro Barata
  • The Power of Financial Education by Robert Kiyosaki
  • The Mysteries of the Millionaire Mindset by T. Harv Eker
  • I will teach you how to be rich by Ben Zruel
  • Whoever thinks gets rich by Napoleon Hill
  • The new game rule by Rafael Paschoarelli
  • The Intelligent Investor by Benjamin Graham
  • Behavioral Finance by Aquiles Mosca

What is the best book on making money?

The best book on making money is The Richest Man in Babylon by George S

How can I change my money mindset?

You can change your money mindset by reading books that will influence your mind positively. 

Who wrote Secrets of the Millionaire Mind?

T. Harv Eker wrote secrets of the Millionaire Mind. He says we are primarily unused potential in the book, employing less than 10 percent of our brilliance or hidden talents. He also spoke of the power of 1% – How Small Changes Can Make Big Differences in your Retirement Plan We have also heard that something-something 1% more or something-something 1% better every day will have a massive. READ MORE Credit Card

How do you make money working for books?

You can make money working for books in the following ways:

  • By writing book reviews
  • Reading and recording audiobooks
  • By writing book summaries
  • By Editing books

How can I turn $100 into a $1000000 Book?

You can turn $100 into $1000000. Book through the following tips:

  • Set financial goals
  • Make a budget
  • Get a job
  • Start a business
  • Invest smartly

What is the number one personal finance book of all time?

The number one personal finance book of all time is Rich Dad Poor Dad by Robert Kiyosaki. Ramsey Solutions conducted a study of over 10,000 millionaires, and one of the fascinating statistics to me was that 97% of millionaires believed in the power of this book, the Other 90% by Robert K. Cooper. The other 90% goes in the opposite direction.

How do I get rich?

You can get rich through the following tips:

  • Tax Yourself
  • Setting up a plan and following it
  • Investing wisely
  • Starting a profitable Business
  • Educating yourself

Conclusion

In conclusion, lack of personal financial education tends to be a significant problem today. To solve this problem, you cannot ignore the best personal finance books highlighted above.