Some people love talking about money, investing and savings… but others shutter at the thought of their financial future. In fact, Capital One conducted a “Mind Over Money” study revealing that 58% of Americans believe that money controls their life and 68% worry they won’t have enough money to retire. Maybe you find yourself in the same boat? We have gathered a few of the best financial-help books on the market for any age or stage in life to help you gain financial freedom!
BOOKS FOR PEOPLE IN THEIR 20s AND 30s
“Investing in Your 20s & 30s For Dummies” and “Personal Finance in Your 20s & 30s For Dummies”
by Eric Tyson, MBA
Eric Tyson gives 20 and 30-somethings advice on investing and personal finance while you are young! Soaking up his wisdom from these books will make you anything but a dummy!
“I Will Teach You to Be Rich”
by Ramit Sethi
Learn about personal finances in a non- judgemental way from author Ramit Sethi. He explores banking, saving, budgeting and investing, aka the four pillars of personal finance. Also, the author notes that you don’t have to be the smartest person in the room to bolster your financial situation.
“Rich Dad Poor Dad”
by Robert T. Kiyosaki
This book is said to be one of the best personal finance books of all time. Robert T. Kiyosaki uses parables from his own life to illustrate the do’s and don’ts of personal finance, emphasizing that you don’t have to take home a high income to become rich. Further your understanding of finances, learn about investing, start thinking about real estate and more with this popular book.
BOOKS FOR PEOPLE IN THEIR 40s AND 50s
“The Dumb Things Smart People Do with Their Money: Thirteen Ways to Right Your Financial Wrongs”
by Jill Schlesinger
Jill Schlesinger is a CBS News Business Analyst and financial podcast host that teaches smart people how to be smart with their money choices, setting them up for success in retirement, real estate, insurance and more!
“The Millionaire Next Door”
by Thomas J. Stanley
Thomas J Stanley will help you discover seven common themes that reoccur in the lives of those who are wealthy. You will learn about spending habits, career choices, generational wealth and more to get you one step closer to being the millionaire next door.
“What Retirees Want: A Holistic View of Life’s Third Age”
by Ken Dychtwald and Robert Morison
This book is for those who are approaching or in retirement who want to make sure they are prepared for what is to come. What does retirement look like in the 21st century? What are the values and key ambitions of retirees? All these questions can be answered by Ken Dychtwald and Robert Morison in this fascinating read.
- This isn’t a book, but it is an amazingly helpful article published on Forbes.com that helps people in their 40’s avoid financial mistakes. “40 Financial Rules For 40 Year-Olds” by Jeff Rose could help you better navigate your pre-retirement life! Give it a read.
“The 7 Habits of Highly Effective People” by Stephen R. Covey is an overall great read for anyone – period. It is more of a self-help and business-centered book, but the knowledge gained from the author can be applied in every area of your life – including your finances!
It’s important to remember that no matter your age, it is never too early or too late to learn about finance! You can always grow and better yourself to secure a financially stable future. Invest in these books according to your needs and stage of life.