From Broke to Brilliant: 7 Personal Finance Books You Need

In a recent article by the Wallstreet Journal, the author discussed that only 24% of millennials demonstrate basic financial literacy. This was a wakeup call to me and other professionals in the personal finance industry. I want to help provide a few suggestions for books I have read that have helped increase my financial literacy. In the dynamic world of personal finance, staying ahead of the curve is crucial for personal and professional success. Whether you're aiming to build wealth, manage your finances better, or gain insights into the intricate workings of the financial markets, the right books can serve as invaluable guides. With an abundance of financial literature available, it can be challenging to determine which books are truly worth your time and investment.

To streamline your journey toward financial literacy and empowerment, I've curated a list of the top 7 financial books currently on the market. From timeless classics to modern bestsellers, these titles offer diverse perspectives and actionable advice to help you navigate the complex landscape of money management and investment.

"The Intelligent Investor" by Benjamin Graham

Widely regarded as the bible of value investing, this masterpiece by Benjamin Graham provides timeless wisdom on building a rational approach to investing. Graham's principles, including the concept of margin of safety, continue to influence investors worldwide. You’ll learn about different types of investing and different ways to build your portfolio.

To purchase a copy of this timeless classic click here.

"Rich Dad Poor Dad" by Robert T. Kiyosaki

A revolutionary book that challenges conventional wisdom about money and investing, "Rich Dad Poor Dad" explores the stark differences in mindset between the rich and the poor. Through the author's personal anecdotes and financial lessons, readers gain valuable insights into building wealth and achieving financial independence. This takes you out of the scarcity mindset and into the abundance mindset.

Purchase a copy here.

"The Millionaire Next Door" by Thomas J. Stanley and William D. Danko

Delving into the habits and lifestyles of America's wealthy individuals, this eye-opening book reveals surprising truths about how millionaires accumulate and maintain their wealth. By debunking common myths about affluence, the authors offer practical strategies for achieving financial success. This book will help you understand that most people who are rich don’t act rich.

To purchase “The Millionaire Next Door” click here.

"Think and Grow Rich" by Napoleon Hill

A timeless classic in the realm of personal development and wealth creation, "Think and Grow Rich" outlines the philosophy of success distilled from interviews with over 500 successful individuals, including Henry Ford and Thomas Edison. Hill's principles, such as the power of positive thinking and goal-setting, remain as relevant today as they were decades ago.

To purchase “Think and Grow Rich” click here.

"The Total Money Makeover" by Dave Ramsey

Renowned financial expert Dave Ramsey provides a step-by-step guide to achieving financial freedom and living a debt-free life. With practical advice on budgeting, saving, and investing, this book empowers readers to take control of their finances and build a solid foundation for long-term wealth. This book focuses on behavior changes necessary to make financial progress.

To purchase “The Total Money Makeover” click here.

"The Richest Man in Babylon" by George S. Clason

Set in ancient Babylon, this timeless parable imparts timeless financial principles through a series of entertaining stories. From the importance of saving to the value of perseverance, Clason's teachings provide valuable lessons for readers seeking to build wealth and prosperity. This is a great book for younger ages as it reads as short stories with large principles.

To purchase “The Richest Man in Babylon” click here.

"I Will Teach You to Be Rich" by Ramit Sethi

Ramit Sethi's "I Will Teach You to Be Rich" offers a no-nonsense, six-week program for gaining control over your finances and automating your money management. With a focus on practical strategies for earning more, saving effectively, and investing wisely, Sethi's book empowers readers to take charge of their financial future with confidence and clarity. The emphasis is on creating a system that works for you, rather than living through spreadsheets.

To purchase “I Will Teach You to Be Rich” click here.

Whether you're a seasoned investor or just starting your financial journey, these top 7 financial books offer a wealth of knowledge and insights to help you achieve your money goals. By immersing yourself in the wisdom of these esteemed authors, you can gain the confidence and expertise needed to navigate the complexities of the financial world and secure a brighter financial future.