Do you know someone who loves increasing their financial knowledge or perhaps someone who doesn’t have any financial IQ at all? You can’t go wrong by gifting someone with a personal finance book. Whether you are looking to buy these books for yourself or someone else, these are the 5 best personal finance books to read now!
1. Rich Dad, Poor Dad,” by Robert Kiyosaki
This book will always be the best in my opinion because this book changed my life.
Robert Kiyosaki wrote this book about the advice that he received from his “poor & educated” dad and compared it to the advice he received from his friend’s “rich & uneducated” dad.
Spoiler Alert * While his educated dad struggled through life, his friend’s dad continuously multiplied his wealth.
Kiyosaki compares the mindsets of the wealthy and poor. He explains how the poor and middle class are stuck in what he calls the “rat race.”
This is the perfect book for anyone who is starting a new financial journey, needing inspiration or looking to build independent wealth.
2. “The Intelligent Investor,” by Benjamin Graham
This book was originally published in 1949, however, the wisdom Benjamin Graham offers is timeless. Over a million copies have been sold and it is praised by Warren Buffet as “the best book on investing ever written.”
This book is good for someone who likes history or for that person that you always hear saying the famous line, “History always repeats itself.”
3. “Unshakeable,” by Tony Robbins
Tony Robbins is an action-packed, in your face coach. Currently, he is the world’s #1 life and business strategist.
Robbins calls this book his “playbook.” He promises his readers that he will teach them how to create an action plan, start investing, and become “unshakable.”
This book would be great for a new and young investor because of Robbin’s inspiring excitement and energy that he passes onto his audience.
4. “The Simple Path to Wealth,” by JL Collins
This book focuses on investing for financial independence. Financial independence basically means that a person’s passive income is able to pay for their living expenses. Collins laid out simple and easy steps that readers can follow to reach “fi.”
“The Simple Path to Wealth” would be a great gift to someone who not only wants to better manage their money better but also reach financial independence.
5. “The Total Money Makeover,” by Dave Ramsey
Dave Ramsey is one of the most popular financial experts in the world and for good reason. He has helped millions of people pay off their debt and take control of their money.
Ramsey does not offer any get-rich-quick solutions. He teaches his audience “baby steps” that anyone can follow and gain control of their finances.
“The Total Money Makeover,” is a great book for the everyday middle-class person who has a large amount of debt. Also, the reader probably needs advice to help take control of their personal budget.
In my opinion, these are the 5 best personal finance books to give as gifts this year to your friends, family, or yourself! Whatever financial goals a person has, one of these books will be the perfect match.
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