I’m always on the hunt for reading material that will teach me about money and maybe even change my financial mindset. Although I’m 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.
9 best money books you should read right now
Here are some excellent money books you should add to your reading list.
1. You Are a Badass at Making Money by Jen Sincero
Best for: Changing your attitude about money
“It’s not so much about making money as it is unlocking your money mindset and overcoming negative money beliefs. I’ve 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 Smith Nicholson | Careful Cents
2. The Money Class by Suze Orman
Best for: Managing money and family
“This book is one part inspiration to get money savvy and 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 I’ve 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 we’re contributing, and the plans we’re making for our son’s future.”
Megan Nye | Prioritized Living
3. Millionaire Teacher by Andrew Hallam
Best for: Learning about smart investing
“It’s probably the only other book I’ve devoured and then become absolutely obsessed with aside from the first Harry Potter book (yes, I’m 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.com
4. The Automatic Millionaire by David Bach
Best for: Inspiring you to finally save money
“Before I read this book, I struggled to save consistently, even with a solid income. Bach’s book focused on what was 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 Money
5. The Total Money Makeover by Dave Ramsey
Best for: Crushing your debt
“I 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.com
6. The Money Book for the Young, Fabulous & Broke by Suze Orman
Best for: The young and fabulous, of course
“Its approach is more commonsense tough love, which I really needed. I had a very bad relationship with money and never saved because I didn’t know why I should. This was the first book that broke through and explained exactly why saving and investing were important.
“It’s 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 Saver
7. The Richest Man in Babylon by George S. Clason
Best for: Timeless advice for growing wealth
“This 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 Budgetnista
8. The Millionaire Next Door by Thomas J. Stanley and William D. Danko
Best for: Reminding you to live frugally
“This 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.com
9. Get a Financial Life: Personal Finance in Your Twenties and Thirties by Beth Kobliner
Best for: When you’ve just graduated college
“It’s 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 Crashers
Personal finance doesn’t have to be complex or mystifying. By finding and reading the works of authors who speak to you, you’ll create a solid base of money knowledge that will empower you for years to come.
Interested in refinancing student loans?Here are the top 6 lenders of 2018!
|Lender||Rates (APR)||Eligible Degrees|
|Check out the testimonials and our in-depth reviews!|
|2.75% - 7.24%||Undergrad & Graduate||Visit SoFi|
|2.57% - 6.39%||Undergrad & Graduate||Visit Earnest|
|2.57% - 7.12%||Undergrad & Graduate||Visit CommonBond|
|2.99% - 6.99%||Undergrad & Graduate||Visit Laurel Road|
|2.58% - 7.26%||Undergrad & Graduate||Visit Lendkey|
|2.89% - 8.33%||Undergrad & Graduate||Visit Citizens|
Student Loan Hero Advertiser Disclosure
Our team at Student Loan Hero works hard to find and recommend products and services that we believe are of high quality and will make a positive impact in your life. We sometimes earn a sales commission or advertising fee when recommending various products and services to you. Similar to when you are being sold any product or service, be sure to read the fine print, understand what you are buying, and consult a licensed professional if you have any concerns. Student Loan Hero is not a lender or investment advisor. We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions. The rates and terms listed on our website are estimates and are subject to change at any time. Please do your homework and let us know if you have any questions or concerns.