8 personal finance books worth reading

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

These books from recent years will help you plan your budget, invest wisely, avoid wasting money, and achieve your financial goals.

1. "The Psychological Traps of Money" by Gary Belsky, Thomas Gilovich

Making good money is half the battle. The second is to manage your money wisely. We all make the same mistakes that lead to waste. In this book, you will learn how emotions, behavior, and society influence financial decision-making. Knowing behavioral economics can help you control yourself and your spending.

2. “Financial diary. How to put money in order ", Alexey Gerasimov

From theory to practice. This is a diary that will help you track your financial behavior: plan savings, keep track of expenses and income, analyze them. The diary is designed for three months. During this time, you will get used to writing down all the information related to your personal finances.

Then you can draw the same graphs in a regular notebook or keep records in a text file - as you like. The bottom line is that by writing down the numbers every day, you will be able to better see your financial goals and gradually move towards them.

3. “Where does the money go? How to competently manage the family budget ", Yulia Sakharovskaya

The book is for those who are surprised every month where all the money went again. Yulia Sakharovskaya, financial consultant and investor, tells how to understand the current state of your finances, optimize expenses, draw up a family budget and a financial plan for the future. All this - with real life examples and analysis of mistakes. You will learn where it is better to keep money, where to invest, how to deal with loans and how to retire as a wealthy person.

4. "Trick or Treat," Vicky Robin

The eternal dilemma: work to live or live to work? It seems that the answer is obvious, nevertheless, many spend their lives in the eternal pursuit of money, forgetting about other joys. Vicki Robin's book will help you reconsider your attitude to material values and gain financial independence.

5. "Personal fortune: Increase, protect, dispose", Stuart Lucas

You've probably heard of people who won big in the lottery, squandered money, and then went back to their old way of life. This is a vivid example of the lack of a long-term strategy and the ability to competently manage available funds. Many of us are familiar with this problem.

The book's author, Stuart Lucas, is not only a financial advisor, but also runs the family-owned company Carnation. All his advice has been tested in practice. He tells readers how to increase capital, protect their fortune, invest without loss, choose a consultant and avoid many planning mistakes.

6. “The secret language of money. How to Make Smart Financial Decisions”, David Krueger

The more money, the more financial problems appear. We spend more than we can afford, we fight and get upset over money, and we make senseless purchases. David Kruger talks about how to develop a healthy attitude to money and manage it wisely. This is a fascinating guide for those who want to improve their financial condition, but do not understand how to do it.

7. “Don't lose! What did “dad” Kiyosaki keep silent about?”, Isaac Becker

The book is about how to increase your well-being. This is a collection of useful advice from a professional financial advisor for readers who are planning to make a fairly large investment. The pros and cons of various instruments for preserving and investing money are considered in detail: deposits, bonds, stocks, insurance and funds.

8. The Rise of Money by Niall Ferguson

The Rise of Money is different from the rest of the books in this collection - you won't find any practical advice in it. This book is about what money is, how it went from antiquity to the present day. The financial history of the world clearly shows where the general misconceptions about economic processes come from and what events lead to economic crises. A fascinating presentation and many interesting facts await you.