Savings 101: 4 Must-Read Books to Start Your Financial Journey
Take charge of your finances and start saving with the help of these four must-read books! Gain insight into budgeting and investing that will optimize your chance for success.
Are you looking to take control of your spending and build a stronger financial future? Start with these four books that provide an abundance of knowledge and tips on budgeting, investing, and saving. Learn the strategies that work for other successful savers and become a money-saving master!
Book #1: The Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey
This book, by New York Times best-selling author Dave Ramsey, takes you through the fundamentals of personal finance. With clear tips and step-by-step advice on everything from establishing a budget to tackling debts — this no-nonsense guide offers the necessary tools to help you improve your financial health. Discover how small changes have major payoff potential with this straightforward and timeless book!
Book #2: I Will Teach You to Be Rich by Ramit Sethi
In this comprehensive and eye-opening book, author Ramit Sethi provides a six-week program to help you master four crucial areas — strengthening your savings capabilities, automating investments, understanding credit and loans, and building wealth. With actionable advice on everything from tackling debt to utilizing investment strategies, Sethi helps you leverage the most powerful weapon in finance — your own decision-making. A must-read for any beginner’s financial journey!
Book #3: The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley and William D. Danko
This classic book takes an in-depth look at the lives of American millionaires, revealing their paths and mindsets for success. Through real stories of wealth creators and maintainers, this book aptly outlines how to become one’s own financial advisor rather than relying on someone else’s opinion. By offering strategies that can work regardless of income level, authors Stanley and Danko bring readers closer to mastering the art of saving and building long-term financial security.
Book #4: Think and Grow Rich by Napoleon Hill
Napoleon Hill’s acclaimed bestseller has even gained momentum in the modern-day with its timeless advice on developing a mindset for success. Along with providing readers with key habits of millionaires, this book also emphasizes the importance of taking action to follow through with any financial objectives one may wish to set. It goes through various aspects of achieving success, from personal discipline and determination to choose the right circle of advisors.