Best 11 Finance Books to Become Wealthy

Whether you believe it or not, Money is a beautiful tool that gives you the freedom to live your life the way you always wanted. Now to get that kind of freedom, your money needs to work for you.

What do you think, isn’t it a good start to the spectacular article?

Now, I have read a lot of books on finance and I feel there is no need to read every single book, you can pick a few and read those books slowly and take action.

So to make things easy for you, I have selected the top 11 finance books that will help you to understand how money works and how you can become wealthy.

Best Finance Books 

Before we begin this madness, take a look at the book which we’re gonna talk about. So take your time and now, it’s time to get wealthy. 

Yes, some of the lines will feel cheesy but bear with me because this is going to be a fun ride. 

By the way, The Psychology of Money by Morgan Housel has made a huge impact in my life which I will talk about in movement. What about you, do drop a comment, if you feel like it.

I Will Teach You To Be Rich by Ramit Sethi 

I Will Teach You To Be Rich by Ramit Sethi is one of those books that teaches you about finance in simple language. One of the biggest takeaways from the book is “You’re solely responsible for your finances”.

The author also says “Know your needs and wants”. This is the best way to manage your money and income because you’re now aware of where money is coming and going.

I have said this earlier as well, Ramit Sethi didn’t write this book for everyone. This is mainly for those who have never read a single finance book and want to explore the money and investing part.

One of my favorite quotes from the book is “It’s more important to get started than to spend an exhaustive amount of time researching”.

It’s a simple and solid personal finance book for beginners.

The Intelligent Investor by Benjamin Graham

If you have heard about The Intelligent Investor and you’re yet to read it then this is the best time to pick up the book. I have said this many times and I will say it again “The Intelligent Investor is the best book written on investing”

It might feel overwhelming for new readers because it has a lot of data about the stock market and investing.

So if you feel like investing your money in the stock market then it’s a good idea to read this book to understand how the Stock Market works.

One of my favorite quotes from the book is “Invest only if you would be comfortable owning a stock even if you had no way of knowing its daily share price.”

Benjamin Graham says to invest at least for 7 years and if you can’t do that then it’s better you stay away from investing. This doesn’t mean, you won’t cash out when needed, it’s a way of saying “Invest for the long term and compounding will take care of everything if invested well”

Your Money or Your Life by Vicki Robin and Joe Dominguez

One of the biggest takeaways for me from this book was “Money doesn’t buy you happiness, money only gives you freedom”

Your Money or Your Life will teach you ways to become financially independent. The author says, as soon as you can, start earning from passive income.

This way, you don’t have to work for money, rather money will work for you even when you’re sleeping. 

The book has one chapter where the author says “Finger out your Hourly Wage”. This will give you a clear idea about how much you’re worth. This will also give you the motivation to work on your finances and do better in life.

In the end, Vicki Robin and Joe Dominguez give you a clear idea that money is not as important as your health. So if you want to get wealthy then you will find lots of ways to Your Money or Your Life.

One of my favorite quotes from the book is “The only real asset you have is your time. The hours of your life.”

Think and Grow Rich by Napoleon Hill

Think and Grow Rich is a combination of self-help and finance. It is an old book yet it will teach you how your brain works and how you can rewire in simple ways.

One of the biggest takeaways from the book is “Take control of your brain and understand how your subconscious mind works” 

For Example,

If you want to start exercising every day then do one thing, start reading books about health, spend time with friends who are healthy and better, and get a gym membership.

This will remind your brain every single day that you want to do exercise, and the reason behind it, and once it takes place in your subconscious mind. The exercise will be on autopilot just like when you drive a car.

This is what is called “Autosuggestion“

Don’t live your life on autopilot, get out of your comfort zone and do something that makes you happy and at the same time, make money. 

Napoleon Hill didn’t just write a random book, he interviewed up to 500 self-made millionaires from which he shared how you can grow rich. The book has 13 habits of self-made millionaires which will give an idea about how they think.

One of my favorite quotes from the book is “Knowledge is only potential power. It becomes power only when, and if, it is organized into definite plans of action, and directed to a definite end.”

Just Keep Buying by Nick Maggiulli

Nick Maggiulli has combined every single book on investing and saving in his Just Keep Buying. It’s a simple book that teaches you how investing is as important as your health.

If you’re living paycheck to paycheck and you’re afraid about investing, or you don’t know anything about investing then this book will give you all the answers that you have been looking for.

But if you have read a few finance books then it is better you skip the book because as I have said “it is a combination of all the finance books” 

Still, it’s a good read for beginners because the author presents everything in a simple way, so it is very easy to understand.

One of my favorite quotes from the book is “If you want to save more, the main point is to tighten up where you can, then focus on increasing your income.”

The Richest Man In Babylon by George S Clason

The Richest Man In Babylon is a money management book that talks about everything from investing, saving, earning, and a lot more.

One of the biggest plus points of this book is the size, it only has 126 pages which is perfect for those who have just started reading books.

After all its story a driven book. It’s about Arkad, a poor scribe who became the “richest man in Babylon”

There are few readers who didn’t like this book at all, they felt this was a waste of time. It’s the same feeling as The Alchemist by Paulo Coelho.

By the way, I loved The Alchemist as well.

For new readers, this won’t be a big problem as there won’t be anything to compare to.

When I first read the book, I loved it. The book didn’t teach me anything new but I liked the story and what the author was trying to teach.

One of my favorite quotes from the book is “Advice is one thing that is freely given away, but watch that you only take what is worth having.”

Secrets of the Millionaire Mind by T Harv Eker

This is all about mindset, the author says “Your childhood memories affect the way you see and manage money.”

For Example, 

Imagine your father telling you that investing money is not a good idea or that rich people are evil. Now, this will affect your mindset toward investing and rich people.

The memories you have, the things you have seen, watched, and heard will affect your subconscious mind and in the long run, your mindset will change according.

T Harv Eker also says “Never be afraid of asking questions, it doesn’t matter if you’re the only one who is asking the question.” 

It’s a way of learning new things, so ask questions if you have doubts about anything. It doesn’t matter whether your question is easy or hard for someone.

The Secrets of the Millionaire Mind is one of those books that teach you how you can change your roots and mindset. The author goes inside your brain and tries to find the problem you’re facing regarding money or anything else.

The author goes a bit deeper and asks you hard questions about your childhood and the way your parents raised you.

This is one of my favorite finance books and it’s hard to pick only one quote but for the sake of this article here you go “The first element of change is awareness. You can’t change something unless you know it exists.”

The Psychology of Money by Morgan Housel

The Morgan Housel has changed the way I think about money. The Psychology of Money is one of the best books I have ever read, it has changed my life and I believe that it will do the same for you.

One of the biggest takeaways from the book is “Never judge someone from their spending”

Let’s say, I’m buying a new iPhone worth Rs 80,000 and My monthly income is only Rs 25,000. So technically, it doesn’t make any sense to buy an iPhone because at this moment an iPhone is not needed at all.

Now, what the author says is “If you don’t know what’s going on in my life, what are the reasons why I’m buying the iPhone? So it’s better for you as well as for me to not judge other people”

It’s only a small part of the book. Author have shared stories that will give you a clear idea of why you should not judge other people.

As the title says, it’s a physiological book. The author tries to go inside your brain and give you a clear idea of why you’re thinking the way you’re thinking and believing in certain things.

It will be for sure an eye-opening book for you. So sure you read it to understand the true meaning of MONEY. By the way, this can’t be called a Finance Book book because it mostly talks about how people think and behave with money.

One of my favorite quotes from the book is “Getting money is one thing. Keeping it is another.”

MONEY Master the Game by Tony Robbins

This is a 688-page book, yes, it’s a massive book but it is all worth it because Tony Robbins has shared all the possible knowledge about money in a single book.

For new readers, this might be not the best book because of its size but still, give it a try.

The author has taken interviews of Warren Buffett, Ray Dalio, Bill Gates, Jeff Bezos, Mark Zuckerberg, Paul Tudor Jones, and many more.  

This book is a sort of compilation of all those interviews. Also, it’s not only an interview, the author has also his journey as well.

For me, one of the biggest takeaways was “invest as early as possible, don’t wait for the right time, the right time is right NOW”.

Throughout the book, he says “Knowledge is the key, and learn as much as you can about the field you’re in”. 

In simple words, always be a student and be open-minded. Lastly, read this “Enjoy your life, you don’t have to invest everything and sit at home” That’s what the author says in the book as well.

One of my favorite quotes from the book is “You can be rich by having more than you need, or by needing less than you have.”

The Millionaire Fastlane by MJ DeMarco

If you’re doing a job where you have to work 9 to 5 then this is the best book for you. The author tells you why people around the world choose to work 9 to 5 rather than starting a business or doing something on their own.

One of the key lessons from the book is “Take risks in life if you want to live an extraordinary life but if you’re okay with a comfortable life then doing a 9 to 5 job is not a bad idea”

It’s a simple thing right, if you’re in your 20s then it’s better you take risks because it will be easy for you to recover but if you’re 50 years old then you have to think twice before you take any sort of risk in life.

So don’t be afraid of risk, take risk because that’s the only way to get closer to your dreams.

I loved the book so much, I have recommended this book to every friend of mine and I will do the same here as well. So go read, if you want to come out of your comfort zone.

One of my favorite quotes from the book is “Time isn’t a commodity, something you pass around like a cake. Time is the substance of life. When anyone asks you to give your time, they’re really asking for a chunk of your life.”

Rich Dad Poor Dad by Robert Kiyosaki

You knew about this book and that’s the reason why this book is here. Still, if you are one of those readers who haven’t read The Rich Dad Poor Dad by Robert Kiyosaki then this is the right time to pick up the book.

The author talks about Liability and Assets. 

Liability means you have to spend money to maintain the things you have bought whereas Assets will earn you money. 

For example, 

Car is a Liability because you have to fill up the tank, service the car, and a lot more things. At the same time, Gold, home, or even financial securities are called Assets because you will make money out of them.

The author has also shared his story about rich and poor dads along with all the financial data that will give a clear idea of why investing is important.

One of my favorite quotes from the book is “Learn to use your emotions to think, don’t think with your emotions.”

Final Thoughts

Of course, some of you don’t want to read all the books and for those, you can read at latest “Rich Dad Poor Dad, The Psychology of Money, MONEY Master the Game, and The Intelligent Investor”.

This doesn’t mean the remaining books are not worth reading.

I have said many times that you don’t have to read every single book on self-help, productivity, or even finance. You just have to read a few of them and take action.

Taking action is more important than reading new books every month. Just apply whatever you learn.

That’s it from my side for today, I will see you soon till then I would love it if you drop a comment about anything. See in the comment box.

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