I love reading and since our family is trying our best to get out of debt, I have become passionate about acquiring as much knowledge of personal finances as possible. Since I have been on this journey, certain books have stood out and completely changed our perspective of money.
Courtesy of dollarphotoclub.com
Here is a list of my Significant Seven financial books that I believe everyone must read to start their journey in obtaining financial freedom.
- Total Money Makeover by Dave Ramsey. Love this book because I am a step-by-step kind of girl and this is a step-by-step guide as to how to save, eliminate debt, and invest.
- Debt Free Living by Larry Burkett. A mentor to many financial expert, Larry Burkett, gives real world examples of how families changed their financial habits and got out of debt.
- Automatic Millionaire by David Bach. Although his method is different from Dave Ramsey’s “get out of debt before you start investing” plan, David Bach gives details on how to “automatically” save/invest before you have the opportunity to spend. I believe this method is great after you have already eliminated consumer debt (credit cards, auto loans, student loans, etc…). Plus, he gives great tips on what type of accounts to put your savings in.
- Rich Dad, Poor Dad by Robert Kiyosaki. This was the first book that showed me there was a difference between how wealthy people think, view, and use money compared to how middle-class. It helped me change my perspective on money.
- The Millionaire Next Door by Thomas J. Stanley. Since I am a numbers girl, I loved the amount of research and statistics concerning the average millionaire and their lifestyle. Many shop at Sears, do not live in a gated-community, and drive older modeled, American-made cars. And they live right next door to us and we would never know. Simplicity is key.
- Thou Shall Prosper by Rabbi Daniel Lapin. This book gives 10 Commandments on Wealth building from a Jewish perspective. Great book! Packed with information on Old Testament principles on finances.
- The Bible by God. My favorite book ever. It has the best stories, analogies, parables and proverbs than all of the above books combined. It is timeless and it gives me life, hope and sustains me in my darkest moments. Some scholars would say that the Bible speaks more on money and stewardship than any other topic. Its principles have allowed our family’s finances to stretch and have enough (and more) even when we did not have enough on paper. We live by it, we give because of it and we are blessed as a result of it. The best financial book ever!
To add these finance-related books (and others) to your personal library, click on the title link above. Are there any other books you love that have helped you in your personal finances? Share on Facebook, Twitter or Pinterest and leave a comment.
To get more tips (and must read books), subscribe to our blog below and download our FREE CHEAT SHEET, “7 Steps to Building a Financial Legacy”.