Best Books on Finances
Transforming Your Relationship With Money by Joseph R. Dominguez, Monique Tilford, and Vicki Robin
This book aims to transform your relationship with money. It’s different to other books on finances because it doesn’t separate your life from your finances. Instead, it brings money and life together as one integrated one. It takes you back to basic money management and gives strategies on how to integrate it into your everyday life vigilantly. The authors want to show you how taking control of your money will improve your life quality incredibly. By learning about the importance of investing, saving and having uncomfortable conversations about money. This book will also reconnect you with old dreams and inspire you to chase them.
The Intelligent Investor by Benjamin Graham
Graham presents many different strategies to help you become an intelligent investor in this book. His main message is that IQ has nothing to do with being a good investor and it’s actually got much more to do with your character. He teaches you how to keep your emotions separate and think for yourself. And to be eager to learn, patient and disciplined at all times. His investing strategy has been one of the most successful ones in the last during the last 100 years. And if this isn’t enough… the third wealthiest man in the world, Warren Buffett, reviewed this book as ”by far, the best book on investing ever written”.
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley
Stanley expresses that it’s not due to inheritance or luck that someone will become a millionnaire. It’s actually due to hard work, lifestyle decisions, planning and self disipline. He talks about how it’s a great misconception that wealthy people wear designer clothes and buy expensive things. He’ll show real life examples of millionnaires that he’s interviewed who share that they never buy the latest things. And that’s why they’ve become millionnaires! The main message behind this book is that it’s not your lifestyle that makes you rich, it’s how much money you accumulate.
The Total Money Makeover by Dave Ramsey
He presents the classic children’s stories of the three little pigs that each use different materials to build their house. He uses this story to exhibit how you should always do things right the first time and never take the lazy/easy route. Because it will cost you later down the line. He’s honest to his readers about how no one becomes a millionaire overnight. And it comes from past decisions, hard work and dedication. He persuades his readers to live differently from everyone else and proves how it will benefit them in the future. Acting rich does not mean you are rich is the main message behind this book.
Think and Grow Rich by Napoleon Hill
Hill focuses on how your mindset will make you rich throughout this book. He asks questions such as ‘how can you be rich if you don’t imagine yourself with riches’?. It shows that you have the ability to control your own mind and it’s incredibily powerful. You’ll be suprised how internal thoughts can turn into external riches. He talks about how the universe doesn’t responsd to vague wishes such as the desire to be rich and secure. Instead it responds to a burning desire, implented through hard-work, consistent, dedication and concreate plans that are stuck to.