From the basics right up to advanced
Being one of the first books I read on finance, YMOYL was responsible for a very simple but powerful “light bulb” moment. Really ramming home the principal that money does need to be taken deadly seriously as it is tied so heavily to our life, how we spend and experience it as well as how to effectively gain control over it.
In Your Money or Your Life, Vicki Robin shows readers how to gain control of their money and finally begin to make a life, rather than just make a living.
Fantastic for a simple start to learning about money as well as automation and investing IWTYTBR is not only a great book, but also a fantastic source of extremely advanced tactics for all walks of life which you can find at their website.
At last, for a generation that’s materially ambitious yet financially clueless comes I Will Teach You To Be Rich, Ramit Sethi’s 6-week personal finance program for 20-to-35-year-olds.
A slightly more advanced (and extreme) version of how to manage your money for maximum efficiency. Whilst a lot of the concepts are too extreme, even for me, you can easily water them down a little bit and still come out ahead. Furthermore it introduces some amazing concepts of how to view your money and choices in life.
A strategic combination of smart financial choices, simple living, and increased self-reliance brought me financial independence at 30 and allowed me to retire from my profession at 33.
A fascinating look inside the REAL world of millionaires, how they live, what they buy and importantly how they came to be millionaires. TMND debunks a huge number of “common knowledge” surrounding not only the rich but also the poor that often just look like they’re rich.
The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue-they live next door.
Moving more into investing WATCY helps to illuminate and drive home the point of why financial advisers often do far more harm than good.
Humorous and entertaining, this book exposes the folly and hypocrisy of Wall Street.
For more advanced readers of investing this highly detailed and revised book is a classic to help you learn the basic fundamentals of investing and what you must pay attention to to succeed.
This down-to-earth book lays out in easy-to-understand prose the four essential topics that every investor must master: the relationship of risk and reward, the history of the market, the psychology of the investor and the market, and the folly of taking financial advice from investment salespeople.