Monday, December 30, 2019

9 Books About Money That Could Change Your Life

9 Books About Money That Could Change Your Life9 Books About Money That Could Change Your Life Im always on the hunt for reading material that will teach me about money and maybe even change my financial mindset . Although Im a huge fan of podcasts and blogs, my favorite way to absorb new information is books.For recommendations, I turned to some of my favorite personal finance bloggers. If the experts learned from these books, we undoubtedly can too.Here are some excellent money books you should add to your reading list.Best for Changing your attitude about money Its not so much about making money as it is unlocking your money mindset and overcoming negative money beliefs. Ive worked through it and have seen a huge shift in my own mindset. After listening to the audiobook, I went out and bought the hardcover so I could use it as a workbook. - Carrie SmithNicholson, Careful CentsBest for Managing money and familyThis book is one part inspiration to get money savvy an d nine parts solid financial advice. It covers just about everything - savings accounts, home ownership , investments, insurance, running a business, student loans , retirement planning, and oh so much more - in exquisite detail. Thanks in no small part to the real money lessons Ive learned from this book, I feel confident that my family is making smart choices about the money we choose to spend, the home we were able to buy, the business we launched, the retirement savings to which were contributing, and the plans were making for our sons future. - Megan Nye, Prioritized LivingBest for Learning about smart investingIts probably the only other book Ive devoured and then become absolutely obsessed with aside from the first Harry Potter book (yes, Im a major nerd). If you want to learn how to grow your wealth on an average salary through frugal living and index fund investing, this book needs to be put on your reading list now - Jessica Moorhouse, JessicaMoorhouse.comBest for Ins piring you to finally save moneyBefore I read this book, I struggled to save consistently, even with a solid income . Bachs book focused on what welches most important paying myself first and doing it with a foolproof system that virtually guarantees financial success. Nothing is more important in personal finance than an ability to save a big percentage of your income. - Philip Taylor, PT MoneyI know not everyone agrees with everything he has to say, but the basics he covers in this book are a great place to start with getting your finances in order. It definitely helped give me the kick-start I needed to build my mini-emergency fund and start paying off debt - Kayla Sloan, KaylaSloan.comBest for The young and fabulous, of courseIts approach is more commonsense tough love, which I really needed. I had a very bad relationship with money and never saved because I didnt know why I should. This was the first book that broke through and explained exactly why saving and investing we re important. Its also practical Orman acknowledged the fact that many in my generation have student loan debt and discussed how you could (and should) save and invest while paying it down . - Melissa Berry, Sunburnt SaverBest for Timeless advice for growing wealthThis is always the first book I suggest because it has all of the tenets for a successful financial life. Although it reads like a Shakespearean play and was written a long time ago, the lessons in the book are just as true today as they were back then. I still read it every year as a way to reset. - Tiffany Aliche, The BudgetnistaBest for Reminding you to live frugallyThis was one of the first books that got me interested in personal finance and really taught me that appearances can be deceiving. Every time I want to upgrade my clothes, house, or car, I remember the lessons I learned in The Millionaire Next Door. - Cat Alford, CatherineAlford.comBest for When youve just graduated collegeIts geared a bit more towards the younger generations, but the strategies and concepts discussed can be helpful to just about anyone. It talks about such topics as handling debt, effective tax management, and the financial aspects of owning your first home. - Andrew Schrage, Money CrashersPersonal finance doesnt have to be complex or mystifying. By finding and reading the works of authors who speak to you, youll create a solid base of money knowledge that will empower you for years to come.This article was originally published on Student Loan Hero . It is reprinted with permission.

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