“An investment in knowledge pays the best interest.” -Benjamin Franklin
I generally try to read at least one book per month, but last year was kind of a dud for me when it came to reading. There was a lot going on, including an out of state move, and I just didn’t find myself picking up a book (or Kindle). However, this year, I am definitely back in the swing of it!
One of the things I know is that reading adds SO much value to your life, and that is often a direct correlation to how much value you can add to your pockets (can I get an Amen!). If you’re trying to step up your money game, start reading books written by people who have mastered it! Here is a list of the top personal finance books to read in 2017.
Think And Grow Rich by Napoleon Hill
There are several versions of this timeless classic which dives into the the psychological barriers that keep people from building wealth. Mastering personal finance is more of a mentality than a skill, and Hill guides you through the process of transitioning your mindset to begin having “rich” thoughts.
The Richest Man in Babylon by George S. Clason
This is a collection of parables that teaches you the “secret” to getting rich. It’s also a timeless classic that navigates through the simple concepts of living within your means and paying yourself first.
If you’re into anecdotal stories, you will love this book! Robert shares his story of growing up with the influence of two men from two very different income brackets, and explains how you need to look at money and building wealth. You can check out my written and video review here.
This is a book written by a guy who “made it.” Bach shares step-by-step ways to accumulate wealth that does not require a budget (huh?), a lot of money, or a lengthy financial plan. He and his wife took a joint income of $55,000, and somehow lived debt-free as homeowners and early retirees.
How Rich People Think by Steve Siebold
Steve’s simple strategy is this: “learn how rich people think, copy them, take action and get rich.” This book took years of research and interviews with hundreds of millionaires, and translated it into a brutally honest, easy to follow guide towards building wealth.
Daymond started with no funding and a $40 budget, and created a multi-million dollar empire! John is is the founder of FUBU and stars in ABC’s Shark Tank, where he is able to invest in other businesses and products. This is more than just a book about business, but a great example of how broke doesn’t have to be a burden.
Getting More: How You Can Negotiate to Succeed in Work and Life by Stuart Diamond
Negotiation is a big part of financial success. Whether you are negotiating for a higher pay or attempting to talk down a car salesman, the power of negotiation can save (and make) you money! This book covers insightful and life changing strategies that help you understand “that finding and valuing the other party’s emotions and perceptions creates far more value than the conventional wisdom of power and logic.” It’s also a collection of stories from people around the world who have seen real results from the techniques addressed.
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley
If you want to know how the rich really behave, read this book! Stanley uses this book to identify those who imitate wealth and those who are truly wealthy. His in-depth approach forces you to take a look within to see if you put more effort towards looking wealthy than you do in actually building wealth. You can read and watch my full review of the sequel to this book here.
Our society has become so fast paced that we often lack a work-life balance that is vital to our beings! This book tackles a lot of those issues as well as ways to “reorder material priorities, and resolve inner conflicts between values and lifestyle.” Balance is the name of the game when it comes to this book!
Jump: Take the Leap of Faith to Achieve Your Life of Abundance by Steve Harvey
This isn’t necessarily a personal finance book, but it made the list because taking a leap of faith is a requirement when with any sort of change. If you’re trying to change your financial situation, it takes more than having the right tools. In this book, Steve “reveals the power of using imagination, faith, and hard work to make our visions a reality.