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Alright, thinking about personal finances is not up there on your top three or even your top ten list but it is important. And you don’t want your money you earned to be wasted on bad decisions or worse yet, no decision at all, right? Ok so it’s time to pay attention to your finances. These three books are all about talking money and getting into the money mindset so you can create good money habits. If you are not a reader, that’s okay. Get the audible version, just imagine soaking up all that money wisdom on your way to work, whipping up dinner, or even walking the dog. Yep – multitasking for the win! So, let’s chat about three awesome books that’ll be your sidekick on this money-smart journey, whether you’re flipping pages or hitting play.
"The Simple Path to Wealth: Your Roadmap to Financial Independence and a Fulfilling, Liberating Life" by J.L. Collins
This top selling book offers a comprehensive and easy to understand guide on attaining financial independence. This book adopts a conversational and relatable writing style, making it particularly suitable for individuals who are new to the realm of personal finance. With its core principles centered around simplicity in investing, the power of saving and gaining an understanding of the stock market, it proves especially beneficial for beginners or those seeking a straightforward approach to managing their finances. Collins writing effortlessly breaks down complex financial concepts, ensuring accessibility for a broad range of readers. From individuals wishing to take control of their finances but not knowing where to start, to high school students and young adults embarking on their financial journeys. “The Simple Path to Wealth” serves as a valuable resource providing practical guidance towards achieving financial independence.
"The Psychology of Money: Timeless Lessons, on Wealth, Greed and Happiness “ by Morgan Housels
Morgan Housel’s book, “The Psychology of Money: Timeless Lessons, on Wealth, Greed and Happiness ” explores the connection between individuals and their finances. It delves into ideas like economics focusing on how emotions and biases influence financial decision making. Housel urges readers to adopt a long term approach to investing and resist the temptation of short term gains. Furthermore he discusses the role of luck in achieving success. Encourages a broader definition of wealth that extends beyond mere monetary measures. The book also emphasises the inevitability of change and the significance of adapting to evolving landscapes. With its language and relatable anecdotes “The Psychology of Money” appeals to a range of readers, by blending behavioural psychology with financial principles in a unique way.
"I Will Teach You to Be Rich" by Ramit Sethi
Ramit Sethi’s book offers an straightforward approach to finance. It covers topics such as automating your finances optimizing your spending habits and making smart investment decisions. Sethi emphasizes the significance of implementing strategies for managing debt. Also introduces readers to effective negotiation techniques. In addition to providing advice the book encourages individuals to define their own version of a fulfilling life by aligning their financial goals with their personal values. With its language the book serves as a roadmap for young professionals and those new, to financial management who want to build wealth and lead a satisfying life without unnecessary financial stress.
***BONUS BOOK IDEA***
“The Wealthy Barber: Everyone’s Commonsense Guide to Becoming Financially Independent” by David Chilton
Here’s a bonus audible book and it’s free with your Audible subscription! “The Wealthy Barber: Everyone’s Commonsense Guide to Becoming Financially Independent” by David Chilton is a straightforward guide that breaks down money matters in a way that anyone can understand. It’s a bit older but still has some practical easily relatable advice for the newbies.
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