How to Find the Best Personal Finance Books for You

How Student Loan Hero Gets Paid

How Student Loan Hero Gets Paid

Student Loan Hero is compensated by companies on this site and this compensation may impact how and where offers appears on this site (such as the order). Student Loan Hero does not include all lenders, savings products, or loan options available in the marketplace.

Advertiser Disclosure

Student Loan Hero Advertiser Disclosure

Student Loan Hero is an advertising-supported comparison service. The site features products from our partners as well as institutions which are not advertising partners. While we make an effort to include the best deals available to the general public, we make no warranty that such information represents all available products.

Editorial Note: This content is not provided or commissioned by any financial institution. Any opinions, analyses, reviews or recommendations expressed in this article are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by the financial institution.

best finance books
Logo

We’ve got your back! Student Loan Hero is a completely free website 100% focused on helping student loan borrowers get the answers they need. Read more

How do we make money? It’s actually pretty simple. If you choose to check out and become a customer of any of the loan providers featured on our site, we get compensated for sending you their way. This helps pay for our amazing staff of writers (many of which are paying back student loans of their own!).

Bottom line: We’re here for you. So please learn all you can, email us with any questions, and feel free to visit or not visit any of the loan providers on our site. Read less

If you’re looking for the best personal finance books available to improve your knowledge of financial basics or learn about investing strategies, you’ve come to the right place. We’ve examined each of the 10 top-selling finance books sold on Amazon to give you the rundown on what they offer.

Whether you’re in debt and need to turn your life around or you’re looking to increase your productivity, these guides from personal finance experts can help.

How to find the best personal finance books

Below you’ll find Amazon’s top 10 personal finance bestsellers as of April 20, 2020. For each title, we’ll discuss what the book covers, the customer ratings, and whom we think would best benefit from the book.

As you look over this collection to find the best personal finance books for your situation, consider what sort of advice you need most and pick those titles that best target your key topics.

(Note that to calculate its customer star ratings, Amazon uses a machine-learning model instead of a raw data average. Its model takes into account factors like the age of a rating, whether or not the rating came from a verified purchaser and other factors that indicate the reviewer’s credibility.)

1. Getting Work Done
2. The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change
3. Giving Effective Feedback
4. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money — That the Poor and Middle Class Do Not!
5. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel.
6. Indistractable: How to Control Your Attention and Choose Your Life
7. 10X Rule: The Only Difference Between Success and Failure
8. Total Money Makeover: A Proven Plan for Financial Fitness
9. Outliers: The Story of Success
10. Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life
Bonus: 3 other must-read personal finance books

1. Getting Work Done

  • Author(s): Harvard Business Review
  • Best for: If you are overwhelmed by work and multitasking, this book will help you focus your priorities, eliminate distractions and create boundaries.
  • Amazon customer rating: 4.1 out of 5 stars (25 ratings) as of April 20, 2020.

Harvard Business Review publishes business books containing comprehensive advice and guides for managers and senior-level executives.

For individual contributors and managers who feel like they’re juggling too many projects, Getting Work Done will help you organize your schedule, set priorities and create an effective daily work routine to optimize your productivity.

Most customers praised the book for its useful and applicable tips, while the few negative responses said the required work it demanded to get started affected their reviews.

2. The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change

  • Author(s): Stephen R. Covey
  • Best for: This classic career development book is best for workers who want to improve their productivity, overall efficiency and career success.
  • Amazon customer rating: 4.6 out of 5 stars (9,752 ratings) as of April 20, 2020.

An accomplished businessman and public speaker, Covey’s book was originally published in 1990. Since its release, it’s been used as a career development resource ever since. It walks readers through seven core habits:

  • Be Proactive
  • Begin With the End in Mind
  • Put First Things First
  • Think Win-Win
  • Seek First to Understand Then Be Understood
  • Synergize
  • Sharpen the Saw

These habits are reportedly used by the most successful CEOs and business professionals in various industries. The reviews are positive; many reviewers describe the book as life-changing in how it affected how they approached their careers.

3. Giving Effective Feedback

  • Author(s): Harvard Business Review
  • Best for: This book is designed for managers who need help dealing with struggling employees and high-performing workers to boost results.
  • Amazon customer rating: 4.3 out of 5 stars (27 ratings) as of April 20, 2020

This book is part of the Harvard Business Review’s series of books to help managers work more effectively with their employees. It gives managers a plan for how to deliver feedback to both underperforming and star employees, have effective conversations and get results that last, including creating an action plan.

The reviews are mostly positive, with managers stating that the book helped them with performance evaluations. However, some reviewers said the book seemed to be primarily geared toward young or very new managers.

4. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money — That the Poor and Middle Class Do Not!

  • Author(s): Robert T. Kiyosaki
  • Best for: Parents, college students and people new to personal finance will be especially interested in the topics of this book.
  • Amazon customer rating: 4.7 out of 5 stars (16,671 ratings) as of April 20, 2020

Robert T. Kiyosaki is an entrepreneur and investor. In Rich Dad Poor Dad, he chronicled his experiences growing up with his own father and comparing him to another friend’s wealthy parent.

Rich Dad Poor Dad became a massive bestseller when it was released. The book’s premise is that wealthy individuals use their money to invest, become entrepreneurs and have their money work for them. By contrast, the book also says that low-income and middle class workers may work hard in their full-time jobs, but never make any real financial progress because they don’t learn how to fully utilize their money. The book aims to teach people of all backgrounds the fundamentals of financial literacy and investing.

5. The Intelligent Investor: The Definitive Book on Value Investing. A Book of Practical Counsel.

  • Author(s): Benjamin Graham, Jason Zweig
  • Best for: For investors looking to learn sound investing principles, the Intelligent Investor offers time-tested guidance.
  • Amazon customer rating: 4.6 out of 5 stars (6,355 ratings) as of April 20, 2020

Benjamin Graham was a pioneering investor and educator. In fact, billionaire Warren Buffet was one of his students at Columbia’s business school.

Originally published in 1949, Graham originally wrote this book to teach readers about value-investing and how to focus on long-term investing goals. This edition has been updated and revised by Jason Zweig, incorporating updates using today’s market as examples of how Graham’s principles have worked on the stock market’s performance.

Many reviews tout the value of the book, but some say it’s outdated. One common complaint is that it is difficult to follow for beginners, and is instead for more seasoned investors.

6. Indistractable: How to Control Your Attention and Choose Your Life

  • Author(s): Nir Eyal
  • Best for: For people struggling to retain their focus, this book contains strategies to control your time and eliminate distractions both at work and at home.
  • Amazon customer rating: 4.7 out of 5 stars (539 ratings) as of April 20, 2020

Author Nir Eyal previously taught at the Stanford Graduate School of Business and Design, and acts as an angel investor for growing startups. Using his background, he wrote Indistractable to help people better manage their time.

With technology and smartphones becoming so pervasive, it’s easier than ever to get distracted and it’s difficult to stay focused at work. This book contains practical tips on how to change your relationship with technology so you can stay focused both at home at work. It will help you eliminate distractions, control your time and boost productivity.

7. 10X Rule: The Only Difference Between Success and Failure

  • Author(s): Grant Cardone
  • Best for: This book is best for people who need an extra dose of motivation to overcome procrastination and other obstacles to achieving your goals.
  • Amazon customer rating: 4.6 out of 5 stars (2,361 ratings) as of April 20, 2020

Grant Cardone, a marketing and sales consultant, and a public speaker, wrote The 10X Rule to encourage people to separate themselves from the pack through extreme action. By overcoming procrastination and self-doubt, the book encourages people to achieve their goals. Reviewers mostly found it empowering and motivating and said it helped them take their businesses or careers to the next level.

8. Total Money Makeover: A Proven Plan for Financial Fitness

  • Author(s): Dave Ramsey
  • Best for: If you have debt, Dave Ramsey’s guide can help you eliminate your balances, build up an emergency fund and build financial security.
  • Amazon customer rating: 4.7 out of 5 stars (6,893 ratings) as of April 20, 2020

Dave Ramsey is a well-known money expert, radio personality and author. Dave Ramsey’s book is used by people burdened with credit card debt, student loans and other consumer debt to turn their financial lives around. It contains Ramsey’s baby steps, a step-by-step process on how to tackle your finances with basic financial principles. By following his habits, you’ll pay off your debt, establish a safety net and stick to a budget.

In fact, many reviewers describe the book as containing life-changing finance tips, eliminating their financial stress and worries.

9. Outliers: The Story of Success

  • Author(s): Malcolm Gladwell
  • Best for: If you want to know what sets high achievers apart from the average person, this book is for you.
  • Amazon customer rating: 4.6 out of 5 stars (7,368 ratings) as of April 20, 2020

Malcolm Gladwell is the author of five New York Times bestsellers. Outliers examines what makes the best and brightest individuals different from everyone else. Instead of focusing on the habits of successful people, this book focuses on their culture, family and the experiences they had during their upbringing that shaped them into the people they are today.

10. Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life

  • Author(s): Barbara Stanny
  • Best for: This book is best for people who want to learn what common characteristics drive women high-earners.
  • Amazon customer rating: 4.7 out of 5 stars (349 ratings) as of April 20, 2020

Barbara Huson (formerly Stanny) is a financial expert, author and money coach. According to her book, the number of women who earn six-figure salaries has steadily increased over the past few years. More than 15 million women were earning $100,000 or more in a wide range of industries in 2009, the year the book was published. This book researches this growing trend and identifies common characteristics these women share so that other women can learn from their success.

3 other must-read personal finance books

While these books aren’t on Amazon’s top-10 list, they are excellent personal finance books for people looking to improve their relationships with money.

1. Get Money: Live the Life You Want, Not Just the Life You Can Afford

  • Author(s): Kristin Wong
  • Best for: For college students managing student loan debt or young professionals just starting out, this is an excellent primer for people beginning to manage their money on their own.
  • Amazon customer rating: 4.4 out of 5 stars (66 ratings) as of April 20, 2020

Kirsten Wong is a long-time personal finance blogger turned book author. Wong’s book aims to make personal finance more relatable and less intimidating. It breaks down money management into basic steps to complete so you can achieve your goals, such as creating a budget, coming up with a debt repayment plan, improving your credit score and starting an investment portfolio.

2. Broke Millennial: Stop Scraping By and Get Your Financial Life Together

  • Author(s): Erin Lowry
  • Best for: For young adults who are living paycheck to paycheck, this book can help them break the cycle.
  • Amazon customer rating: 4.7 out of 5 stars (253 ratings) as of April 20, 2020

Erin is a millennial personal finance expert. Her book addresses everyday financial situations that millennials may struggle with, not just big financial topics like budgeting or investing. It can help you handle tricky situations like how to split bills with friends after dinner, how to divide up your finances with a romantic partner and what your options are with your student loan payments.

3. Why Didn’t They Teach Me This in School? 99 Personal Money Management Principles to Live By

  • Author(s): Cary Siegel
  • Best for: This book is for college and high school graduates who need help managing their finances on their own.
  • Amazon customer rating: 4.3 out of 5 stars (509 ratings) as of April 20, 2020

Many high school and college graduates feel overwhelmed when they leave school because they’re unprepared to manage their money on their own. Retired business executive Cary Siegel wrote this book to cover basic financial topics that are rarely taught in schools. It’s a quick and easy read, with easily digestible content with practical anecdotes to help graduates use their money wisely.

Carrie Smith contributed to this report.

Interested in refinancing student loans?

Here are the top 6 lenders of 2020!
LenderVariable APREligible Degrees 
1.89% – 6.66%1Undergrad
& Graduate

Visit Splash

1.89% – 5.90%2Undergrad
& Graduate

Visit Laurel Road

2.25% – 6.09%3Undergrad
& Graduate

Visit SoFi

1.99% – 5.34%4Undergrad
& Graduate

Visit Earnest

1.97% – 8.54%5Undergrad
& Graduate

Visit Lendkey

2.39% – 6.01%Undergrad
& Graduate

Visit Elfi

Check out the testimonials and our in-depth reviews!
1 Important Disclosures for Splash Financial.

Splash Financial Disclosures

Terms and Conditions apply. Splash reserves the right to modify or discontinue products and benefits at any time without notice. Rates and terms are also subject to change at any time without notice. Offers are subject to credit approval. To qualify, a borrower must be a U.S. citizen or permanent resident in an eligible state and meet applicable underwriting requirements. Not all borrowers receive the lowest rate. Lowest rates are reserved for the highest qualified borrowers. If approved, your actual rate will be within a range of rates and will depend on a variety of factors, including term of loan, a responsible financial history, income and other factors. Refinancing or consolidating private and federal student loans may not be the right decision for everyone. Federal loans carry special benefits not available for loans made through Splash Financial, for example, public service loan forgiveness and economic hardship programs, fee waivers and rebates on the principal, which may not be accessible to you after you refinance. The rates displayed may include a 0.25% autopay discount.

The information you provide to us is an inquiry to determine whether we or our lenders can make a loan offer that meets your needs. If we or any of our lending partners has an available loan offer for you, you will be invited to submit a loan application to the lender for its review. We do not guarantee that you will receive any loan offers or that your loan application will be approved. Offers are subject to credit approval and are available only to U.S. citizens or permanent residents who meet applicable underwriting requirements. Not all borrowers will receive the lowest rates, which are available to the most qualified borrowers. Participating lenders, rates and terms are subject to change at any time without notice.

To check the rates and terms you qualify for, Splash Financial conducts a soft credit pull that will not affect your credit score. However, if you choose a product and continue your application, the lender will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit pull and may affect your credit.

Splash Financial and our lending partners reserve the right to modify or discontinue products and benefits at any time without notice. To qualify, a borrower must be a U.S. citizen and meet our lending partner’s underwriting requirements. Lowest rates are reserved for the highest qualified borrowers. This information is current as of October 1, 2020.


2 Important Disclosures for Laurel Road.

Laurel Road Disclosures

All credit products are subject to credit approval.

Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.

As used throughout these Terms & Conditions, the term “Lender” refers to KeyBank National Association and its affiliates, agents, guaranty insurers, investors, assigns, and successors in interest.

  1. Checking your rate with Laurel Road only requires a soft credit pull, which will not affect your credit score. To proceed with an application, a hard credit pull will be required, which may affect your credit score.
  2. Savings vary based on rate and term of your existing and refinanced loan(s). Refinancing to a longer term may lower your monthly payments, but may also increase the total interest paid over the life of the loan. Refinancing to a shorter term may increase your monthly payments, but may lower the total interest paid over the life of the loan. Review your loan documentation for total cost of your refinanced loan.
  3. After loan disbursement, if a borrower documents a qualifying economic hardship, we may agree in our discretion to allow for full or partial forbearance of payments for one or more 3-month time periods (not to exceed 12 months in the aggregate during the term of your loan), provided that we receive acceptable documentation (including updating documentation) of the nature and expected duration of the borrower’s economic hardship. During any period of forbearance interest will continue to accrue. At the end of the forbearance period, any unpaid accrued interest will be capitalized and be added to the remaining principle amount of the loan.
  4. Automatic Payment (“AutoPay”) Discount: if the borrower chooses to make monthly payments automatically from a bank account, the interest rate will decrease by 0.25% and will increase back if the borrower stops making (or we stop accepting) monthly payments automatically from the borrower’s bank account. The 0.25% AutoPay discount will not reduce the monthly payment; instead, the discount is applied to the principal to help pay the loan down faster.

Assumptions: Repayment examples above assume a loan amount of $10,000 with repayment beginning immediately following disbursement. Repayment examples do not include the 0.25% AutoPay Discount.

Annual Percentage Rate (“APR”): This term represents the actual cost of financing to the borrower over the life of the loan expressed as a yearly rate.

Interest Rate: A simple annual rate that is applied to an unpaid balance.

Variable Rates: The current index for variable rate loans is derived from the one-month London Interbank Offered Rate (“LIBOR”) and changes in the LIBOR index may cause your monthly payment to increase. Borrowers who take out a term of 5, 7, or 10 years will have a maximum interest rate of 9%, those who take out a 15 or 20-year variable loan will have a maximum interest rate of 10%.

KEYBANK NATIONAL ASSOCIATION RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE.

This information is current as of September 9, 2020. Information and rates are subject to change without notice.
 


3 Important Disclosures for SoFi.

SoFi Disclosures

  1. Student loan Refinance: Fixed rates from 2.99% APR to 6.09% APR (with AutoPay). Variable rates from 2.25% APR to 6.09% APR (with AutoPay). Interest rates on variable rate loans are capped at either 8.95% or 9.95% depending on term of loan. See APR examples and terms. Lowest variable rate of 2.25% APR assumes current 1 month LIBOR rate of 0.18% plus 2.32% margin minus 0.25% ACH discount. Not all borrowers receive the lowest rate. If approved for a loan, the fixed or variable interest rate offered will depend on your creditworthiness, and the term of the loan and other factors, and will be within the ranges of rates listed above. For the SoFi variable rate loan, the 1-month LIBOR index will adjust monthly and the loan payment will be re-amortized and may change monthly. APRs for variable rate loans may increase after origination if the LIBOR index increases. See eligibility details. The SoFi 0.25% AutoPay interest rate reduction requires you to agree to make monthly principal and interest payments by an automatic monthly deduction from a savings or checking account. The benefit will discontinue and be lost for periods in which you do not pay by automatic deduction from a savings or checking account. *To check the rates and terms you qualify for, SoFi conducts a soft credit inquiry. Unlike hard credit inquiries, soft credit inquiries (or soft credit pulls) do not impact your credit score. Soft credit inquiries allow SoFi to show you what rates and terms SoFi can offer you up front. After seeing your rates, if you choose a product and continue your application, we will request your full credit report from one or more consumer reporting agencies, which is considered a hard credit inquiry. Hard credit inquiries (or hard credit pulls) are required for SoFi to be able to issue you a loan. In addition to requiring your explicit permission, these credit pulls may impact your credit score. Terms and Conditions Apply. SOFI RESERVES THE RIGHT TO MODIFY OR DISCONTINUE PRODUCTS AND BENEFITS AT ANY TIME WITHOUT NOTICE. 

4 Important Disclosures for Earnest.

Earnest Disclosures

To qualify, you must be a U.S. citizen or possess a 10-year (non-conditional) Permanent Resident Card, reside in a state Earnest lends in, and satisfy our minimum eligibility criteria. You may find more information on loan eligibility here: https://www.earnest.com/eligibility. Not all applicants will be approved for a loan, and not all applicants will qualify for the lowest rate. Approval and interest rate depend on the review of a complete application.

Earnest fixed rate loan rates range from 2.98% APR (with Auto Pay) to 5.49% APR (with Auto Pay). Variable rate loan rates range from 1.99% APR (with Auto Pay) to 5.34% APR (with Auto Pay). For variable rate loans, although the interest rate will vary after you are approved, the interest rate will never exceed 8.95% for loan terms 10 years or less. For loan terms of 10 years to 15 years, the interest rate will never exceed 9.95%. For loan terms over 15 years, the interest rate will never exceed 11.95% (the maximum rates for these loans). Earnest variable interest rate loans are based on a publicly available index, the one month London Interbank Offered Rate (LIBOR). Your rate will be calculated each month by adding a margin between 1.82% and 5.50% to the one month LIBOR. The rate will not increase more than once per month. Earnest rate ranges are current as of October 26, 2020, and are subject to change based on market conditions and borrower eligibility.

Auto Pay discount: If you make monthly principal and interest payments by an automatic, monthly deduction from a savings or checking account, your rate will be reduced by one quarter of one percent (0.25%) for so long as you continue to make automatic, electronic monthly payments. This benefit is suspended during periods of deferment and forbearance.

The information provided on this page is updated as of 10/26/2020. Earnest reserves the right to change, pause, or terminate product offerings at any time without notice. Earnest loans are originated by Earnest Operations LLC. California Finance Lender License 6054788. NMLS # 1204917. Earnest Operations LLC is located at 302 2nd Street, Suite 401N, San Francisco, CA 94107. Terms and Conditions apply. Visit https://www.earnest.com/terms-of-service, email us at [email protected], or call 888-601-2801 for more information on our student loan refinance product.

© 2020 Earnest LLC. All rights reserved. Earnest LLC and its subsidiaries, including Earnest Operations LLC, are not sponsored by or agencies of the United States of America.


5 Important Disclosures for LendKey.

LendKey Disclosures

Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it  endorse,  any educational institution.

Subject to floor rate and may require the automatic payments be made from a checking or savings account with the lender. The rate reduction will be removed and the rate will be increased by 0.25% upon any cancellation or failed collection attempt of the automatic payment and will be suspended during any period of deferment or forbearance. As a result, during the forbearance or suspension period, and/or if the automatic payment is canceled, any increase will take the form of higher payments. The lowest advertised variable APR is only available for loan terms of  5 years and is reserved for applicants with FICO scores of at least 810.

As of 11/13/2020 student loan refinancing rates range from 1.97% to 8.54% Variable APR with AutoPay and 2.95% to 8.77% Fixed APR with AutoPay.