The best books about money (in my opinion)…
This will be an ongoing list of what I think are some of the best personal finance books to read. I have read dozens of books and I continue to read new ones so when I come across another gem I will be sure to add it. It is important to continually educate yourself, as the saying goes “Formal education will make you a living; self-education will make you a fortune.” -Jim Rohn
Rich Dad Poor Dad
This is one of my personal favorite books. It really opened up my mind about personal finance and wealth. When I first started to read Rich Dad Poor Dad, I felt myself seeing a lot of the mindset of the poor dad but at the same time I really paid attention and took notes from the rich dad side. I’ve read it a couple times to refresh those mindset traits. After reading it, I also noticed the traits repeated in other books and through some of my wealthy friends as well. I would definitely rank is as one of the best personal finance books.
The Millionaire Next Door
The Millionaire Next Door names the seven common traits that show up time and time again among those who have achieved real wealth. One of the big points it conveys is that most wealthy people aren’t who you think, they don’t have huge mansions or exotic cars, they are just people who live next door to you.
The Intelligent Investor
Whenever something is tied to Warren Buffett it worth paying attention to. The Intelligent Investor was written by Benjamin Graham who was Warren Buffett’s mentor. It was originally written in 1949 but has since been updated to keep topics and ideas current. The main principle is value investing, basically buying undervalued securities. It’s a long read but worth it, I also even have the audiobook that I sometimes listen to in the car.
The Automatic Millionaire
The Automatic Millionaire is a book worth paying attention to, it spent 31 weeks on the New York Times Best Sellers list. The book is a little different as it starts by telling a story about an average couple withÂ a combined income of about $55,000 who ends up owning 2 homes debt-free, put 2 kids through college, and retired at 55 with more than $1 million in the bank. Great book worth reading.
The Richest Man in Babylon
Here is an oldie but a goodie. The Richest Man in BabylonÂ is a great work that reads like fiction and tells stories of financial successes and failures that date back to ancient Babylon. It relies on teaching you principles that worked long ago and still work today, time-tested essentially. At only 92 pages long, it is a quick read but full of important content.
Manny Khoshbin’s Contrarian PlayBook: How to Build Your $100 Million Real Estate Portfolio From the Ground Up
This is one of my all-time favorite personal finance books, Manny Khoshbin’s Contrarian Playbook. It is real information, real strategies, the real story of how Manny Khoshbin went from living in a car to building a real estate portfolio valued at over $100 million. Not only is it full of great information, but it provides some really good motivation. He just released his second book called Driven (September 2018) that talks about his life story. I am reading it now and will probably add it to the list after.