5 Personal Finance Books Everyone Should Read for Financial Independence.

Being able to understand personal finance is one of the most important skills you can acquire if you want to succeed in life. Some of the most essential lessons about how to handle and making money comes from the personal finance books i have read over the years.

Luckily you don’t have to do much searching to find the best books. The books i am about to mention not only taught me how to work hard but more importantly how to work smartly and efficiently.

Here’s a list of books that will help you beat the rat race and achieve the rewards you truly deserve.

*I will be adding more books to this list in the future so make sure to Bookmark, Share or Save this Post. 🙂 Thank you.

1.  Rich Dad Poor Dad

rich dad poor dad review
Every personal finance book list is incomplete without Rich Dad Poor Dad. This was the first book i read about personal finance and it completely changed my mindset about finance and money. To put it simply, this book is a gold mine. This book introduced me to the notion of passive income, a concept so fundamental it can change your life.

Robert Kiyosaki is one of the best personal finance authors with more than 27 million copies of his books sold worldwide.Widely considered as #1 personal finance book of all time,Rich dad poor dad gives great insight and perspective to individuals into how wealth can be acquired and sustained. This book will get u motivated and start thinking about how to get out of  the”rat race” and live life to the fullest.

There is some great advice in this book and i highly recommend this book to anyone seeking to exit the struggle of money and take control of their own life and finances.

My favorite quote from this book: “In school we learn that mistakes are bad, and we are punished for making them. Yet, if you look at the way humans are designed to learn, we learn by making mistakes. We learn to walk by falling down. If we never fell down, we would never walk.”
Robert T. Kiyosaki, Rich Dad, Poor Dad.


2. The Richest man in Babylon

The richest man in babylon review
The Richest man in Babylon is a classic and timeless masterpiece, the original version of this book came out in 1926 in the form of pamphlets bound together in a book, since then this book has sold more than 2 million copies in 26 different languages.

The Richest Man in Babylon is a collection of insights into financial wisdom and wealth, told though parables of several generations of men living in ancient Babylon. This is a powerful, motivating and truly a great read.

This book will open your eyes and introduce you to new possibilites and add a positive reinforcement as to what one can achieve in their life with the right mindset. The principles you will learn on how to manage your finances in this book are invaluable. If you are looking to get into financial literacy or struggling with money management, this book will serve you right.

3. The Total Money Makeover: A Proven Plan for Financial Fitness

total money makeover a proven plan for financial fitness review
Dave Ramsey’s The Total Money Makeover: A Proven Plan for Financial Fitness is a must read for everyone who wants to get in control of their finances. There is a reason why this book has sold over 5 million copies and spent over 200 weeks on the New York times bestsellers list, this book is a gem for anyone wishing to get out of debt and start accumulating wealth.

In this book Ramsey lays out the context of the book by exposing myths and ideologies about debt that prevent most people from making wealth. This book provides a very practical approach for getting out of debt and building wealth.

If you don’t know where to start or how to begin to make a financial change, this book will offer you exactly that. This is a simple, motivating and a life changing book, I highly recommend it to anyone struggling with debt and finances.

“Change is painful. Few people have the courage to seek out change. Most people won’t change until the pain of where they are exceeds the pain of change.”

-Dave Ramsey, The Total Money Makeover: A Proven Plan for Financial Fitness.

4. The Millionaire Next Door: The Surprising Secrets of America’s Wealthy

I consider this book to be the bible of personal finance. The Millionaire Next Door: The Surprising Secrets of America’s Wealthy is a book that has to be read to be believed. This book will alter your perception of what it truly means to be ‘rich’.This book dispels the myth of how most millionaires earn and spend their money

Using statistical analysis, the author Thomas Stanley shows what the average millionaire drives, wears and looks like and trust me the answer might surprise you! This book is well written, easy to understand and concise. This book is a must-read for people wishing to acquire wealth and gain financial independence.

“Wealth is more often the result of a lifestyle of hard work, perseverance, planning, and, most of all, self-discipline.”

-Thomas J. Stanley, The Millionaire Next Door: The Surprising Secrets of America’s Wealthy

5. Think and Grow Rich

Think and grow rich review
Think and grow rich was originally written in 1937 by napoleon hill and since its release, this book has sold more than 100 million copies. Yes you read that right, 100 million copies. This book is the result of more than 20 years of study of many individuals who had amassed massive personal fortunes.

Napoleon hill studied habits of great individuals like Andrew Carnegie and evolved 13 principles which can be applied to achieve success. The principles taught in this book are universal and can be applied to any goal you have set for yourself in life.

Although old, this book still has a ton of invaluable information. This book is a must have, the absolute essential, the very foundation in the library of every person that is looking to improve in life.

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