How did the journey of any great investor, rich person or world changing entrepreneur start? By reading books, lots of them! This short list of five major mind changing books will snap you out of your current money habits and allow you to see it like the richest in the world.
Hopefully you are thinking what’s next on my financial IQ journey. Or maybe you just got started into the fun game of personal finance. Either way these five books have radically transformed millions of peoples lives. You can be next.
The nice thing is they are all on an audio format too. So there’s no excuse to transform your car into a mobile school or boost the effects of your work out and life by listening to these five books as soon as you can! Here they are..
1. Rich Dad Poor Dad: What the Rich Teach their kids about Money – That The Middle Class and Poor Do Not!
This gem was written by Robert Kiyosaki. And out of all the personal finance books this one takes the cake for most lives impacted. Anytime I hear of people getting into real estate investing there are usually ties to this book. It has helped millions of people snap out of an employee-wage earning mindset to go to the highest levels of financial comfortabilty.
If you are ready to think about money differently, set up multiple streams of income or get into real estate investing this is surely the best book to read. The beauty of this book comes in the form of a story of one mans journey from a young boy to a ultra rich man. The trials and tribulations along the way make the learning process addicting.
It is effortless to follow along and almost guaranteed you will relate to most of what is being told. Robert Kiyosaki has a legendary story-telling capability which make this book a must read for anyone looking to improve their finances at any age.
His books have radically changed my life and the way I view money. When I was 18, I was first exposed to Rich Dad Poor Dad and it stoked the flame within. From then, my goal was to own passive income generating rental real-estate. I credit this book most for helping me make it happen. If you desire to own real-estate, retire young, wealthy, and change the way you view money then you have to read this book.
Get it here: Rich Dad Poor Dad: What the Rich Teach Their Kids About Money – That the Poor And Middle Class Do Not! By Robert Kiyosaki
2. The Science of Getting Rich
Even Warren Buffet likes his books like he likes his stock picks, they are older than 25 years old! The Science of Getting Rich by Wallace D. Wattles gives us the time tested formula for getting rich. A quick read that is going to give you actionable steps to take to become as wealthy as you desire.
This book will smash any conception of scarcity you may have. And the lines opening this book “God wants you to be rich” and “It is our duty to become so” snapped me out of the mindset I was in.
The abundance mindset is one of the keys for attracting and keeping large amounts of money. Think about it, if we are scared of money we won’t let it flow from our hands and become some kind of scourge. Nobody wants that, so read this book.
It made me feel completely okay with the idea of desiring massive wealth. It also made me feel deserving of such wealth. In order to be more life, we need more money to go about experiencing and being more life. It is our duty. To neglect it is criminal and wasting life.
These ideas are directly from the book The Science of Getting Rich by Wallace D. Wattles along with the exact formula for achieving great riches. The best part is we can read or listen to it in under 3 hours. What are you waiting for? Go get this book now its on sale for less than 5 bucks!
Get It Here: The Science of Getting Rich by Wallace D. Wattles
3. MONEY Master the Game: 7 Simple Steps to Financial Freedom
Tony Robbins is the best in personal development. Even if you didn’t read any of these books and just listened to Tony on youtube you would get maximum value out of this article. The Swedish Investor made an amazing break down of this large book as well.
Tony Robbins is a life changer and the book MONEY Master the Game is no different. The author is able to pull together and draw out secret financial information from the leaders of investing. Billionaires like Ray Dalio, Warren Buffet and Jack Bogel lend their insight for the average investor. Its like we were able to sit down and pick the brains of these legends ourselves.
This book is loaded with tips, tricks, hacks and investments that most of us have never heard about. There will definitely be something to learn at any stage of your financial journey with this one. From basics to saving to invest and cutting expenses to ultra rich persons life insurance and annuities strategy this book has it all.
If you are just starting out, just by going through the 7 simple steps laid out and taking action you will be farther ahead financial than 95% of the population. This one is sure to change your life. It comes in at 688 pages making this one a prime candidate to be listened too. Tony also made a somewhat abridged version that will give anybody the basics in a much quicker read with Unshakeable: Your Financial Freedom Playbook.
Get It Here: MONEY Master the Game: 7 Simple Steps To Financial Freedom By Anthony Robbins
For a Quicker Read: Unshakeable Your Financial Freedom Playbook
*Bonus* Taken from this book, the top strategy has been summarized and a straight forward way to invest has been created for you with ticker symbols and exactly what amount in each. Check it out here: Where Should I Put My Money? An Easy Way To Invest Like Ray Dalio and Jack Bogel Combined!
4. RULE #1 The Simple Strategy For Investing in Only 15 Minutes a Week
Rule #1 by Phil Town is a New York Times Best seller and loaded with one specific strategy to get you investing in value. Just like Fight Club has one rule, “Don’t talk about fight club” , Rule #1 investing is “Don’t Lose Money”
Rule number two “Don’t forget Rule #1”. Seriously though if you want to dive into a more active investing role this book is breaking down exactly what Warren buffet is doing. How he amassed such a great fortune and how you can become a value investor just like him.
The book requires a little bit of math which not many people like but breaks it down so anybody can do it in their head. Definitely a book for someone that wants to study and learn a skill. If you can master this skill the world of possibilities open to you.
Wether you want to find underpriced stocks, earn a 15% or more return on the money you have now or want to practice an investing skill this may be the only book you need.
It dives into the basics and advances of value investing, with everything you need to know. Phil Town’s website www.ruleoneinvesting.com offers a lot of back up. This may be one of the only books on the direct skills of value investing in an easy to read digest format. Although it can be pretty dated referencing websites for 10 plus years ago, the math and skills taught will always remain the same for years to come.
Him and his Daughter wrote a much newer and updated version outlining her journey to financial confidence with Rule #1 investing in the book Invested By Danielle Town with Phil Town.
Get It Here: RULE #1 The Simple Strategy for Successful Investing In Only 15 Minutes a Week By Phil Town
Or: Invested By Danielle Town with Phil Town
5. Think And Grow Rich
Not the first thing that comes to mind when thinking finance book. Yet this may be the only book you need to get rich. Written by Napoleon Hill in the early 1900s this has stood the test of time and has impacted millions of people across the world.
Whatever you desire in life can be attained. Whatever you aspire to do is within reach and nothing is impossible. Napoleon Hill is one of the greatest writers of all time. An old GOAT…
Think and Grow Rich will outline the exact plan the richest people in the world used to obtain their wealth. If you inspect any of the current worlds billionaires they are using these secrets in everything you do.
The first step to getting the money you desire is to develop yourself to be of maximal service and value to the people in your life. This book will give you the ideas necessary to go crush it on shark tank, change the modern world, change your life and become the person you wish to be. You have to read this book.
It is old but the wisdom found is priceless. Your world will change the moment you begin reading this book and are exposed to the miraculous powers within it.
Get It Here: Think and Grow Rich By Napoleon Hill
There you have it! The five most impactful money and finance books for anybody that is looking to increase their financial IQ, earn massive amounts of wealth and be a happier more experienced human being!
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