We love delivering on our promises. If you have read the first part of our blog, you may surely look forward to more options in the category of the top 5 best books for financial literacy. Well, you have the options right here. Let’s explore 5 more additions in the second part of the blog.
1. I Will Teach You How To Be Rich by Ramit Sethi – a spender’s dream guide
From savings to spending, this book will turn pages on your financial ride with great insights and informative content. Offering the basic ethics of spending money in the right manner to not go bankrupt is the theme the book revolves around. It is popular amongst well-established investors and industrialists but is a good go-to read for beginners as well. You can explore many additional topics such as saving for study, allocation of money properly, and how impacting money-making. Buy the 10th addition as it has some additional content including a few real-life success stories.
2. Clever Girl Finance by Bola Sukunbi- a women-centric masterpiece
We seldom get to see a financial book focused only on women’s financial goals and aspirations. This is the one you have been waiting for. Women have to work harder to get as much money as men do. They have to deal with the intricacies of life, not to mention a load of responsibilities. But they can still be rich and invest wisely, as this book explains.
Aimed to empower the new generation of girls, the book is a real trend killer. It educates the women on ways to secure their assets, build a nest egg, save for retirement, and most importantly, how to be financially dependent. Many women are always looking for such type of content and the author Bola has provided exactly what we have been waiting for. A must-read.
3. Stop Acting Rich by Thomas Stanley- a powerful mindset driver
The book is exactly what its name reads. It helps you identify your loopholes and realize how earning money is not everything in life. Wealth is not gained from luxury items, but from happiness within. The book conceptualizes the money concept in an ideal way and sheds light on ways to save money without any shortcuts.
The book also tells us how to accumulate more wealth and live like a rich man by investing securely. It showcases various aspects one needs to consider to achieve that long-lasting financial freedom. Above all, the book will tell you how to differentiate between acting rich and being actually rich.
4. The Automatic Millionaire by David Bach- an ultimate resolute to being a millionaire
Everyone wants to be a millionaire. It might not be your end goal, but it is actually something to look forward to. You can get tons of ideas from David Bach in this straightforward simplification of how to be a millionaire. Realize the secrets of developing a nest egg that can make your life comfortable and luxurious.
Know the ways to earn more than you ever dreamt of in a month. Discover the strategies behind money-saving and spending to get more money. Read all this and more in this book. The book is focused on a couple of earnings and how to enhance it. So, if you are married to a working spouse, the book might change your course of life.
5. The Richest Man in Babylon by George S. Clason –vintage financial literacy at its best
Though the book is from a bygone era, it offers some classic financial education that we can comprehend nicely. Published in the year 1926, the book consists of enough fuel to interest you through cultural money concepts and teachings. The book is written in a story-type format about a man based in Babylon.
Chapter by chapter, you shall realize the teachings and strategies for acquiring wealth and preserving it until you retire. You will get to know some of the most revolutionary advice we follow in today’s date. These include investing only 10 percent of your savings, keeping money for yourself, taking financial advice as it’s free, and much more. It’s a no-brainer if you are into classic books.
The bottom line
Reading is a hobby that gives us education, awareness, and most importantly time for ourselves. Reading these books will not only help you stay engaged but also assist in reaching higher financial goals in your life. You can easily set out a roadmap for your own life and start acting on investments, assets, equities, and more.
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