15 Best Personal Finance Books For Beginners [2024]

15 Best Personal Finance Books For Beginners [2024]

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Updated: August 28th, 2022

15 Best Personal Finance Books For Beginners [2024]

Personal finance is the process of planning and managing your money to achieve personal financial goals. Everyone has different financial goals, so there is no one-size-fits-all approach to personal finance.

We all know that money doesn't grow on trees. But, unfortunately, many of us don't have a clear understanding of how to manage our finances properly.

Personal finance books help individuals to make smart decisions with their money. They provide insights into various financial strategies that can be used to save money, invest wisely, and achieve long-term financial goals.

Some personal finance books are geared towards individuals with specific financial goals, such as retirement planning or paying off debt. Others offer general advice on a variety of topics related to personal finance.

If you plan to learn more about personal finance, these books provide an excellent place to start.

1. Rich Dad Poor Dad

Written by: Robert T. Kiyosaki
Page counts: 336
Link: Amazon
Why readers love it: Rich Dad Poor Dad is one of the most famous and highly regarded financial novels. The book offers knowledge about money management, savings, and why it's important to build a strong financial foundation for everybody.

In the book ”Rich dad poor dad," Robert T Kiyosaki breaks the myth that you must earn a high income to be rich. He shows the difference between working for money and letting your money work for you. This book is for you if you are looking to building wealth through investments or starting businesses to increasing intelligence.

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2. The Automatic Millionaire

Written by: David Bach
Page counts: 288
Link: Amazon
Why readers love it: This book is perfect for anyone who wants to get started with managing their money. It has all the basic information you need.

The Automatic Millionaire helps you save for retirement and plan effectively. It teaches readers how to set up an automatic payment, or "pay yourself first" by having money automatically withdrawn right after getting paid.

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3. The Richest Man in Babylon

Written by: George Samuel Clason
Page counts: 94
Link: Amazon
Why readers love it: The struggles of earning money are universal. Some who have ever struggled with money would find this book helpful & inspiring.

This book is a collection of timeless rules and laws that can be used by anyone. The man in this story never did anything besides acquiring gold and working hard. He learned from his faults, eventually becoming the wealthiest person to ever live in Babylon!

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4. I Will Teach You to Be Rich

Written by: Ramit Sethi
Page counts: 352
Link: Amazon
Why readers love it: This book is a must-read for people in their 20s. It teaches the readers the secrets to financial success, and he doesn't let any emotions get in between him or his readers!

"I Will Teach You to Be Rich" is a New York Times and Wall Street Journal bestseller by financial expert Ramit Sethi. It educates the audience on how they can spend their money guilt-free as long as it's invested properly.

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5. The Millionaire Next Door

Written by: Thomas J. Stanley and *William D. Danko *
Page counts: 272
Link: Amazon
Why readers love it: This is a motivational read for those who want to build wealth. As the book is no fiction but cold-hard fact research.

The book, “The Millionaire Next Door” is a 1996 compilation by Thomas J. Stanley and William Danko, with particular focus on those who are wealthy yet keep their wealth managed well through financial planning techniques.

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6. Your Money or Your Life

Written by: Vicki Robin & Joe Dominguez
Page counts: ‎368
Link: Amazon
Why readers love it: This book has helped hundreds of thousands of readers to change their relationship with money in just nine steps.

The book, “Your Money or Your Life” is all about how you can transform the way money works in your relationship with yourself, friends, or family. This book will teach you about financial independence and the power of money. It has simple steps for transforming your relationship with cash so that it works in our favor, not against us!

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7. The Psychology of Money

Written by: Morgan Housel
Page counts: 252
Link: Amazon
Why readers love it: This book will teach you how to get rich, be happy, and not be greedy. It will help readers with personal finance, investing, and business decisions.

This book is an in-depth exploration of the psychology of money and how it affects our lives. It teaches us timeless ways that can lead not only towards material wealth but inner peace too.

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8. The Simple Path to Wealth

Written by: J L Collins
Page counts: 286
Link: Amazon
Why readers love it: This book is the ultimate guide for anyone looking to take their life back on track while giving you tips to become financially independent.

Financial freedom awaits you in this book. Collins shares the basic wisdom to help your money work for you, not against you, and gives a practical toolkit that will achieve financial stability with little effort on behalf of the reader!

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9. The One-Page Financial Plan

Written by: Carl Richards
Page counts: 224
Link: Amazon
Why readers love it: The One-Page Financial Plan book offers an innovative approach to simplifying the complex process of behavioral aspects behind financial investments.

This book is a game-changer for any individual looking to create stability in their life. With the book “One-Page Financial Plan”, you'll be able to identify what is important in life and then create a plan that will help you achieve those goals.

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10. Get a Financial Life

Written by: Beth Kobliner
Page counts: 352
Link: Amazon
Why readers love it: This book guides you on how to handle your finances. It's very precise and straightforward, with just the right amount of detail for anyone who needs guidance on their next financial journey!

''Get a Financial Life'' will teach you everything related to managing your money confidently. You'll learn how debt and savings work, as well as insurance policies that are right for the type of life you want!

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11. Your Money and Your Brain

Written by: Jason Zweig
Page counts: 352
Link: Amazon
Why readers love it: This book teaches you how to be more aware and take more calculated & intelligent when investing your money.

Jason Zweig in his book “Your Money And Your Brain” explains why smarter people make stupid financial decisions and what they can do about It.

This book shows that we misunderstand risk and tend to be overconfident in our investment decisions because of a lack of understanding. Your Money And Your Brain offers some radical new insights into investing.

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12. You Can Be a Stock Market Genius

Written by: Joel Greenblatt
Page counts: 304
Link: Amazon
Why readers love it: The author's witty writing style makes this book an engaging read. It's sprinkled with jokes and anecdotes to keep readers glued till the end!

The stock market is a complex and often misunderstood sector. However, this book will help you to gain an understanding of how it works so that you can also become a successful investor in the stock market! The author of this book has written everything in simple explanation, that will teach anyone how to invest their hard-earned cash wisely.

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13. The Total Money Makeover

Written by: Dave Ramsey
Page counts: 272
Link: Amazon
Why readers love it: This book will teach everyone the basics of personal finance and make them think twice about how they are handling their money!

This book, The Total Money Makeover, written by Dave Ramsey and first published in 2003, provides a proven plan for financial fitness.

This is personal finance plus self-help book that helps people get out of debt and create an action plan for their financial future.

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14. Think and Grow Rich

Written by: Napoleon Hill
Page counts: 142
Link: Amazon
Why readers love it: The strategies in this book help readers to get through tough times and stay motivated.

The book, "Think and Grow Rich," by Napoleon Hill is a classic book that has been read by many people as a personal development guide. It's about how anyone can improve themselves to become successful if they put their mind to it!

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15. Broke Millennial

Written by: Erin Lowry
Page counts: 288
Link: Amazon
Why readers love it: This book is great for young adults who are just starting to learn about finance. It has some really helpful tips on managing your money.

Broke Millennial is a financial book that helps the millennials take better decisions about their finances by teaching them how to manage their money, so they can stop scraping by, and start living confidently with less stress about the future.

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Final Thoughts:

The perfect way to get started with personal finance is by reading a book. There are plenty of great options out there for anyone who wants practical advice on how they can improve their money habits and live more comfortably in the future. Hopefully, the books mentioned above will help you make better financial decisions and achieve your financial goals.

There are many great personal finance books out there, but these are our favorites for beginners. If you're looking to learn more about money and how to best manage it, be sure to read these great books. For more information be sure to check out StarterStory.com.

And also finance business ideas.

meet the author

Samantha Walls

I'm Sam Walls, COO of Starter Story - a platform and community for entrepreneurs and future founders to learn what it takes to build a great business. I joined the Starter Story team approximately 3 years ago, with the goal of providing our readers with the best, most valuable, and inspirational content on the internet.

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