Confession: I’m a self-help book junkie. I’ve read what feels like hundreds of books on everything from relationships, to leadership, entrepreneurship, health and…money! There is a certain magic required to write a personal finance book that isn’t, well, dry. If you’re a financial newbie, eager to kick start your financial planning, or want to know what it takes to become financially independent, here are my top five personal finance books.
- Your Money or Your Life by Vicki Robin and Joe Dominquez. This is THE definitive guide to how the average person can become financially independent well before retirement age. Seriously! Probably one of the most practical guides on the subject matter I’ve ever read.
- Think and Grow Rich by Napoleon Hill. First published in 1937, it’s incredible that a non-fiction book has such longevity. In it, Napoleon Hill shares the timeless lessons he learns after studying dozens of millionaires for decades.
- The Wealthy Barber by David Chilton. I’ve also heard great things about Chilton’s updated version, The Wealthy Barber Returns. First released in the 1980s and still relevant today, Chilton takes us through how the average person can achieve financial security and retire comfortably.
- The Automatic Millionaire by David Bach. If you love your job or field and want to learn how to build your wealth while having a career and a life, this book will break it down for you. Plus, there’s a Canadian version for all the Canuck readers.
- The Science of Getting Rich by Wallace D. Wattles. This one was gifted to me by a close friend and mentor. The concepts presented by might seem a little abstract at first, combing spirituality, the Law of Attraction and personal growth. It was a little challenging for me to grasp in the beginning, but once it clicked, everything made sense. In fact, this book lifted every last road block I had in terms of just going for it and creating wealth on my terms.
I’m sure there are many more excellent finance books out there (I’ve heard great things about The One Minute Millionaire by Mark Victor Hansen and Gail Vaz-Oxlade’s books), but these are the first ones I’ve read where the message not only “stuck” but I was presented with actionable advice that DIDN’T confuse me, discourage me, or put me to sleep. What are your favourite finance and investment books?