You can never have enough books! It all depends on your taste, but below is a list of excellent titles that can help you with saving, budgeting, and making the most of your money – as well as telling you the best places to buy them.
1. The Millionaire Next Door by Thomas J. Stanley and William D. Danko
This co-authored book is an international best seller. It looks into the spending habits and profiles of millionaires in America.
It’s hailed as a game changer for the millions who have read it and “is great for all those people who have just come into the game of personal financing, because [it] talks about the fundamentals of personal finance with simple, consistent instructions.”
2. You’re So Money: Live Rich Even When You’re Not by Farnoosh Torabi
Recommended by Forbes for young 20 something’s, this book is about learning to live on an entry-level salary. Coming out of university into the working world is a hard adjustment and this book helps advise against racking up credit card debt and spending above your means.
3. The Total Money Makeover: A Proven Plan For Financial Fitness by Dave Ramsey
The Total Money Makeover is a great book for organizing your finances and developing a financial plan. In this book the plan laid out is called “The Baby Steps”.
By following these steps the author says that with perseverance you can live a debt free life. Some of the major advice given in this book is using cash to pay for all your purchases. It’s simple and easy to read, and “The Baby Steps” are clear and direct. A good place to start the road to a debt free life.
4. The Ultimate Guide to Frugal Living by Lacey Lane
Only written two years ago this little book is a cheap buy at £2.99, and offers good clear advice on small everyday ways you can save money and pull back those precious pennies. It draws your attention to all the money and resources you are wasting in your everyday life without even realising it!
5. Zero Debt: The Ultimate Guide To Financial Freedom by Lynnette Khalfani-Cox
This is an American author and the book focuses on the American system. Nevertheless, it has good solid advice on clearing debt. And, as the author herself was at one time in $100,000 worth of debt, it’s a book whose advice you can rely on! It’s a book with a real message of hope.
6. The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle
This book is a great common sense guide to investing. Recommended by Business Insider, it is a good book to read if you are interested in investing in stocks and shares and want to know how to get the best returns on your money.
It’s not for everyone, as it’s more specialised than just your everyday savings advice and life tips, but it’s a good start for those who are interested in becoming stockholders.
7. The Frugal Life: How to Spend Less and Live More by Piper Terrett
Although written in 2009, so arguably some of the advice may be slightly out of date, this is a solid common sense and feel good book. It covers areas such as creating new affordable budgets, cutting bill amounts, lowering your shopping bill, getting through Christmas debt free, and other everyday money concerns that we all face.
These are all good books to invest in and find a few spare minutes to read. There’s years worth of expertise and research poured into these titles and you will learn a lot of new tips and advice to help you out with your budgeting and saving goals.