Most people don’t learn about managing their own money in school. In fact, most personal finance experts are self-taught.
At The LevelUp, our goal is to be your #1 resource for developing that skill while taking up as little of your daily schedule as possible.
But if you have some extra time you’d like to spend on on mastering your money, books are a great additional resource that can offer even deeper insights.
Here’s our top 5 books on personal finance so you can keep expanding your money managing playbook.
1. The Richest Man in Babylon – George S. Clason
A classic that has been around for over 80 years. It teaches the basic principles of financial success like saving money, investing wisely, and living below your means.
2. The Automatic Millionaire – David Bach
All about automating your finances. Bach’s system is simple and sets up your savings to grow with as little direct management as possible.
3. I Will Teach You to Be Rich – Ramit Sethi
Sethi’s advice is practical and easy to follow. He provides a step-by-step plan for getting out of debt and building wealth.
4. The Total Money Makeover – Dave Ramsey
A no-nonsense guide to getting out of debt and compounding income. Ramsey’s plan is based on the fundamental principles of budgeting, saving, and investing. Nothing revolutionary, but a great guide if you’re going all-in on the basics.
5. The Millionaire Next Door – Thomas J. Stanley
Debunks the myth that millionaires are strikingly wealthy. Stanley makes the case for most millionaires being quite frugal and living well below their means.
You should do your own research to find a book that is well suited to your current financial goals, but the above are great starting points for anybody looking to build on their money management skills.
And let us know if we missed any with the “contact us” button above!