10 books to help you get rich

2024 Author: Malcolm Clapton | [email protected]. Last modified: 2023-12-17 03:44

Lifehacker presents 10 books that will help you rethink your attitude to money, control expenses, invest wisely and achieve financial goals.

1. “Let's Talk About Your Income and Expenses,” Carl Richards

Carl Richards is a renowned promoter of financial planning. He is often invited to speak at conferences, and his planning textbooks are sold in huge circulation around the world. With the help of visual sketches, Karl simplifies complex terms and literally on his fingers explains the basic laws of economics and investment.

In the book, Carl Richards provides guidelines to help you make informed purchases, adhere to your personal financial plan, and resist marketing gimmicks. Financial success is impossible without strict discipline, and in the book you will find tips with which you can put things in order in your wallet and head and stop thoughtlessly spending money following momentary desires.

2. "How to draw up a personal financial plan and how to implement it", Vladimir Savenok

If you cannot save up, if money goes down the drain and you have to live from paycheck to paycheck, Vladimir Savenok, an entrepreneur and expert in financial management, will come to the rescue. He reveals the main secrets of wealth and prosperity in a book that will help you choose an individual investment strategy. With the support of the author, you will achieve financial independence.

This book is not about austerity, which in most cases leads to disruptions and wasted money. It's about financial literacy, building relationships with money. Financial comfort is possible if you follow the author's unobtrusive recommendations. It is noteworthy that Vladimir Savenok takes into account Russian realities and makes adjustments for the global financial crisis, the consequences of which are still palpable. You will understand how to create a personal financial plan to make money work for you.

3. "Hungry and Poor!" By John Diamond

Rich life experience has allowed John Diamond to become a sought-after speaker at many prestigious conferences. He went from being a poor guy, taught by his mother to sew, to the founder of an international fashion empire, and he knows for sure that poverty and despair stimulate and allow you to think outside the box. Today, John Diamond is one of the most successful branding professionals, and many international companies, including Nike, resort to his services.

In the book, John Diamond reveals his own secrets of success and wealth, and shares ideas that, when properly applied, have the potential to become profitable startups. The author believes in each of his readers and in accessible words motivates them to win. The key to success lies in empty pockets; an empty bank account is a great start to a grand journey to wealth and prosperity.

4. “What I Learned From Losing A Million Dollars,” Jim Paul and Brendan Moynihan

American economist and trader Nasim Taleb praised the joint creation of millionaire Jim Paul and finance professor Brendan Moynihan with great approval. The main difference between the book and all the others is that it is based on a story of great failure and loss. Jim Paul lost more than a million dollars in just a few months and ran into large debt. The financial fiasco forced him to take a fresh look at the causes of the collapse. The result was a massive study of the psychological factors that lead to failure.

The main moral of a sad story with a good ending is not to take loss too personally. It is important to understand that success is often followed by failure, and this is a good reason to rethink the values and attitude towards money in general. The reader of the book will be convinced that one cannot blindly believe in one's own invulnerability. The main thing is to keep a cool head and keep going further, adjusting the chosen course and showing flexibility.

5. "The Psychology of Investment", Carl Richards

We all do stupid things with our money - it's time to admit an unpleasant truth. And some mistakes are too costly. Emotions are to blame, they push us to sell assets, following the hysterical market. We buy when we feel a wave of optimism. This is logical, but not rational at all. The book by financial planner and multi-conference speaker Carl Richards will help you take a fresh look at common money management techniques.

With the advice of the author, you will identify gaps in your investment management strategy in order to come up with a plan that really works. Carl Richards shares methods to help you avoid the typical pitfalls in the world of finance, so that you stop wasting not only money, but also time and effort. From the book you will learn what nuances of psychology will make you successful in the not too distant future.

6. Dastard Markets and the Pangolin Brain by Terry Burnham

Terry Burnham, Ph. D. and professor of economics at Harvard School of Economics, suggests applying the science of irrationality to personal finance. The traditional assumption about the rationality of the financial market and the people playing in this market is outdated. Research shows that investor behavior is often truly reckless. To succeed, you need to find new ways and directions for investing.

The book will revolutionize your understanding of the world of finance and economics. The author reveals the biological reasons for the irrational behavior of people and explains how the brain encourages us to make certain decisions. Buying stocks, currency, gold, real estate, obtaining loans - these processes are controlled by the most ancient part of the brain, the so-called lizard brain.

7. “The rules of wealth. Your path to prosperity ", Richard Templar

The English writer and bestselling author knows what prevents a person from being rich and happy. The road to success begins with a breakdown of the basic concepts: what does it mean to you to be rich and what is the limit of your dreams? The second important question, according to the author, is this: what exactly prevents you from becoming the person of your dreams? For some, laziness has become an obstacle, others are held in place by erroneous beliefs, and others have come to terms with poverty. Meanwhile, the potential of each person is enormous.

Richard Templar reveals the secret to the happiness and success of wealthy people. The rules are simple: it is enough to believe in yourself and realize your importance to achieve prosperity. The author motivates to start a successful life now, without waiting for Monday or New Year. The warm support of Richard Templar will help you transform your own life and become the person you see in your dreams.

8. “Warren Buffett. How to turn $ 5 into $ 50 billion ", Robert Hagstrom

Warren Buffett is a man of legend. The greatest investor of the century, the largest philanthropist and one of the richest people on the planet, the second richest in the United States, is known by the nickname The Seer. Luck, success and money seem to go into his hands by themselves. Buffett first tried his hand at the stock market at the age of 11. At 13, the future Wizard of Omaha filed his first income tax return. At the same time, the financial genius is distinguished by simplicity and modesty in communication and life.

The book provides a detailed analysis of the principles of the financial success of an entrepreneur. The author of the book is not limited to specific investment methods of Buffett, but gives universal principles of money management, which can be successfully applied in practice by everyone.

9. "A million for my daughter", Vladimir Savenok

Entrepreneur, financial consultant, founder of a consulting company Vladimir Savenok knows how to accumulate a tidy sum for his daughter or son. The unusual format of the book - a notebook for notes - encourages you to take action immediately and start accumulating capital here and now. The author talks not only about how to save money, but also about how to protect a bank account from inflation. Everything is fair: Vladimir Savenok tested the described methods on himself. This is a working million dollar plan for the author's daughter Alicia.

The book will be useful to those who think about the future, build a family budget for the future and are already looking for ways to ensure the future of their children. The author's support will make the process of boring mechanical accumulation interesting and efficient. The chapters of the book are accompanied by original illustrations: it can be read with a child over 10-12 years old, in order to at the same time explain the basic principles of financial planning.

10. Why the Rich Get Richer by Robert Kiyosaki, Tom Wilwright

Robert Kiyosaki is an American entrepreneur, investor, and founder of an education company that teaches how to properly handle personal finances. Tom Whewright is known as a successful business consultant. The joint work of two outstanding personalities reveals the secrets of success and prosperity. It seems to many that only people with certain character traits and the ability to foresee the future become rich. In fact, the one who is not afraid to take responsibility for his life on himself thrives.

In the book, you will find working techniques that will help you change your life, invest money correctly and plan your finances in order to work for the future and receive a steady income. The authors share new ideas that will change the way you think about wealth and how you make a living. The main principle of wealth accumulation - not to stop in development - can be adopted by everyone.