10 BEST PERSONAL FINANCE BOOKS OF 2020

People are often confused when it comes to personal finance. they don’t know what to do? or where to start?. In this blog, we present to you the 10 BEST PERSONAL FINANCE BOOK YOU MUST READ.

Earning money is relatively an easy task comparing managing money, that’s  why people sometimes earns a lot but failed to manage their finances and lived a life which we called PAYCHECK TO PAYCHECK

If this sounds like you, you are not alone. In a recent American survey, it was found that nearly 70 percent of people of the US believe that they are on shaky financial ground. Even more, 75 percent of the total belief that we’d be a whole lot happier if we just had more money

So managing money or your personal finance is a tough task? The answer is no we can easily manage our finance with little concern towards our money.

So here is the list of Top 10 Books on personal finance which not only make you learn how to manage your money but also help you to lead a financially stable life.

 

1. RICH DAD AND POOR DAD

 

BY ROBERT T KIYOSAKI

One of my favorite and all-time classic when it comes to personal finance. Rich Dad And Poor Dad is basically a story about the author’s two dads, RICH DAD ( his friend’s father) and POOR DAD (his own father). This book presents us with the thoughts and mindset of both of his father regarding money and finance.

2. THE TOTAL MONEY MAKEOVER

 

BY DAVE RAMSEY

The core idea of this book is to eliminate debt and achieve financial freedom in 7 steps. Commonly known as the 7 BABY STEPS TO FINANCIAL FREEDOM. Those who struggle with the shaky financial condition must read this book and apply the principle given.

3. BROKE MILLENNIAL

 

BY ERIN LOWRY

Erin Lowry through this book suggests some crucial steps to take control of your finance. It covers almost every topic which you might need to become financially stable. From making a budget, create an emergency fund, using credit cards wisely, and deal with debt effectively. It covers all. 

If you haven’t read any book related to personal finance I would suggest to give it a try and I am sure you will love it.

4. THE AUTOMATIC MILLIONAIRE

 

BY DAVID BACH

DAVID BACH focuses on the idea of Retire Rich and Retire young. It is a step by step guide to generate wealth and finish rich. The idea that I personally like was PAY YOURSELF FIRST. Saving Money a little every day will go a long way. It’s a perfect book for people who are in their 20s.

5. YOUR LIFE or YOUR MONEY

 

BY J.R. DOMINGUEZ and VICKI ROBIN

This book is a combined effort of JR DOMINGUEZ and VICKI ROBIN. This book goes through the 7 practical steps to become better with money and achieve financial freedom. The book is filled with practical approaches and exercises which certainly help you in achieving the new rich.

6. THE MILLIONAIRE NEXT DOOR

 

BY THOMAS J. STANLEY

This book is itself a wholesome guide that illustrates simple spending and saving habits that can lead to more and more money. This book also pointed out the common mistakes we usually make in the case of money and how by avoiding them we can achieve financial stability.

7. THE RICHEST MAN IN BABYLON 

 

BY GEORGE S. CLASON

An absolute classic when it comes to Finance. This is the story of a man in ancient Babylon and his principle behind the accumulation of his rich. The 3 basic ideas of this book are 

  1. Learn to live below your means.
  2. Learn how to be lucky.
  3. Never take on Debt.

One must consider reading this classic and apply it in your financial life.

8. MONEY MASTER THE GAME

 

BY TONY ROBBINS

The person from whom I really inspire every day. This book shows the process of achieving the new rich. The book having over 600 pages filled with immense information regarding money. From managing money to master it, it has all.

This book is based on the 10 key factors about money one should know in order to accumulate rich. It also taught me some amazing lessons regarding money. Surely worth a read.

9. I WILL TEACH YOU TO BE RICH

 

BY RAMIT SETHI

Put your money on Autopilot and spend guilt-free on things you enjoy. Well, these books taught us how only we are responsible for our financial status. It focused on a simple idea that you don’t need to be an expert to be rich. All you need to do is spend less than you earn.

10. THE MONEY CLASS

 

BY SUZE ORMAN

This Classic from Suze Orman is all about reconsidering the New American dream. The Money Class can certainly prove to be a masterstroke to all who want to learn the importance of saving money. This book is worth giving it a read and I am sure you will learn a lot about money and finance.

We have also provided the affiliate link to all the books mentioned above. If you want to read any of these books (i prefer to read at least one of them). Please consider buying from the link given above. By this, we could also get a small amount of commission and help us to grow.

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