I’m a 21-year-old female, still living with my parents but working full time. I’m asking because, I want a good book to read with information on how to budget, save, and respect money. What are the best books on personal finance?
Hey there! Thanks for asking us for some of our favorite books! I went around the office and asked our coaching staff, as well as a few others, for their book recommendations. We hope you enjoy them and please let us know what you think about them in the comments below! Also, feel free to hit us up on chat!
- Financially Fit for Life by Steve Down, great insights on the psychology of money.
- Your Money or Your Life by Vicki Robin, especially if you want to change your emotional relationship with money.
- The Millionaire Next Door by Thomas Stanley, especially if you have high expenses.
- The Money Book for the Young, Fabulous & Broke by Suze Orman.
- I Will Teach You to be Rich by Ramit Sethi.
- The Bogleheads’ Guide to Investing and/or The Bogleheads’ Guide to Retirement Planning, both by Larimore et al.
- A Random Walk Down Wall Street by Burton Malkiel, especially if you aren’t convinced that index-investing is right for you.
- The Four Pillars of Investing by William Bernstein
- Total Money Makeover by Dave Ramsey, especially if you are in more debt than you want to be.
- The Richest Man in Babylon by George Clason, for timeless advice.