Recommended Personal Finance Books To Read

Personal finance books are books that provide information and guidance on managing one’s personal finances, including topics such as budgeting, saving, investing, and debt management. They can be useful for individuals looking to improve their financial literacy and make informed decisions about their money.

Personal finance books can help individuals better understand the complex world of finance and investing, providing practical advice on how to manage their money effectively. They can also offer insights into different investment strategies and financial products, as well as tips on how to reduce debt and save for the future.

Some popular personal finance books include:

  1. “The Total Money Makeover” by Dave Ramsey
  2. “Rich Dad, Poor Dad” by Robert Kiyosaki
  3. “The Intelligent Investor” by Benjamin Graham
  4. “The Simple Path to Wealth” by JL Collins
  5. “The Millionaire Next Door” by Thomas J. Stanley and William D. Danko

These books offer different perspectives and approaches to personal finance, so it’s important to find one that resonates with your personal goals and values. Reading personal finance books can be a valuable investment in your financial future.

It is becoming a tradition to share my favourite personal finance books each year I wanted to go outside the norm. So many great financial minds are sharing their insights and narrowing it down to only five is a challenge. But, here are my favorite personal finance books I recommend you read in 2023:

Retire Before Mom & Dad: The Simple Numbers Behind a Lifetime of Financial Freedom by Rob Berger

This isn’t a new book (it was released in 2019) but it’s an important one. For anyone hoping to FIRE (Financial Independence, Retire Early), this book is a guide to help you get there.

The book covers some of the basics—spending habits, FIRE math, investing—but what I really love is the “Life Experiments” that can help you kick bad money habits and gain good ones.

Cashing Out: Win the Wealth Game by Walking Away by Julien and Kiersten Saunders

While many personal finance books try to speak to everyone, this book makes it clear that it is speaking specifically to the Black community and that alone is powerful. Julien and Kiersten offer a roadmap to financial freedom that navigates around the broken system and out of the machine that is corporate America.

Tipped: The Life Changing Guide to Financial Freedom For Waitresses, Bartenders, Strippers, and All Other Service Industry Professionals by Barbara Sloan

Service industry employees are left out of the most common paths to wealth building and are often left out of the financial conversations all together. This book caters to those who don’t get a regular paycheck, a 401(k), and access to the same resources as everyone else and gives them what they need to start saving, budgeting, investing and overall planning for their futures.

I think this book has been needed for a long time and I applaud Barbara for writing it!

Launching Financial Grownups: Live Your Richest Life by Helping Your (Almost) Adult Kids Become Everyday Money Smart by Bobbi Rebell

As a parent and a financial advisor, I know how important is and how difficult it can be to get kids excited about money (in more ways than just spending it).

This book is a great tool for parents who want to support their kids without sinking their own retirement plans, with conversations around the realistic challenges that young adults face: credit card debt, financial peer pressure, managing a household, and more.

Keys to Financial Confidence: Unlock Your Best Life by Marika Stimac

This book includes 40 short, digestible chapters, each of which includes coaching questions which are designed to get you thinking about personal finances and key action steps to arm you with tools and techniques to feel more confident in your decision-making.

You can read a chapter a week and will actually have time to answer the questions and complete the steps to move forward

Author Profile

Bhavna Tank
Freelance showbiz writer


Leave a Reply