Budgeting and handling money can be very tough for some people. There is professional finance individuals who can assist, however, not too many people can afford these experts. For this and other reasons, some individuals may benefit from reading personal finance books. A book is something that can easily fit into most people’s budgets and something that can be done in stages, working to see what fits your lifestyle and what does not.
There are both good and bad personal finance books out there on the market today. When looking for a good book on handling finances, take some to look for certain components:
- An easy to read book
- An author who has been talked about in the media
- An author who has a great reputation.
- An author who has been recommended by other authors and experts.
An individual can look for the top 10 personal finance books online or by making a personal trip to a local bookstore. The following is a list of the top 10 recommended books to help anyone determine the state of their personal financial situation.
How to Get Out of Debt
One of the most successful personal finance books is How to get out of debt, stay out of debt and live prosperously. This is a very good from Jerrold Mundis. This book is predicated on the 12 step plan laid out by Debtors Anonymous. This book shows people how to get out and debt and keeps it that way.
Your Money or Your Life
This book seeks to aid individuals in cutting out on some expenses and cutting down on others, and taking the time to make additional income to pay down on debt. This is a great book that focused on what people can do now to make a huge difference.
The Tightwad Gazette
The Tightwad Gazette has been around for several years and has made a big impact on many people. The book originally was a newsletter that was published by the author to give tips to other individuals who want to save money and not spend it all.
The Millionaire Next Door
This book made number 1 on the New York Times best seller list and has aided many individuals to learn how not only to save money and pay off debt, but also to live by the secrets that millionaires use. Millionaires many times made their fortune by leaving below their means.
The Total Money Makeover
This book has been a huge hit with readers. Authored by Dave Ramsay, who is a financial expert on television, really hits home with many individuals. Ramsay made a fortune, lost it in a bankruptcy, and made it again and along the way he learned from his mistakes.
You’re Broke Because You Want to Be
Dave Ramsay gets to the nitty-gritty of the problem with personal finances, but this author, Larry Winget is a take no prisoners approach to why people have no money. It can be brutal at times, but when you really need a kick in the pants, this is the book for you.
I will teach you to be Rich
This is one of the best personal finance books for young people, to learn how to invest their money, budget for the future, save for retirement, etc. This book is targeted for those who are in their early twenties.
The Automatic Millionaire
This book will help you to begin to live like a millionaire, and this is different than what you may think. To live like a millionaire, first a person must make sacrifices to build up their net worth and to pay down debt.
Investing for Dummies
This is one of the personal finance books that will help anyone who is a novice at investing. If a person doesn’t know a stock from a bond, this book can help you with the correct financial terminology and let you begin to learn how to make some small initial investments.
The Intelligent Investor
Written by one of the best investors in our times, this book will assist individuals who may know a little something about investing their hard earned money, but want to learn how to make smarter choices.
Any of these choices would be great depending on what each person wants or needs to know. Personal finance books can help individuals learn more about their money and how to make their money work for them.