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9 Great Money Books That May Just Change Your Life

Rodman Papros
WRITTEN BY
UPDATED
August 05, 2022

If you’re searching for better ways to manage your finances, you’ve probably read a few articles about the unique habits of billionaires like Bill Gates and Warren Buffet.

 

One habit that’s always mentioned is “reading books.” Yup, even the superrich find time to read books. Tons of them. Some claim to finish as many as four books per month! Insane, right?

 

With thousands of choices, finding the book that holds the key to your breakthrough can be hard.

 

That’s why we put together a list of life-changing books to help you master your money and up your financial game.

 

Table of Contents

 

  1. Get Good With Money by Tiffany Aliche
  2. Broke Millennial Takes On Investing by Erin Lowry
  3. The Psychology Of Money by Morgan Housel
  4. Your Money Or Your Life by Vicki Robin
  5. The One-Page Financial Plan by Carl Richards
  6. I Want More Pizza by Steve Burkholder
  7. Why Didn’t They Teach Me This In School? by Cary Siegel
  8. We should All Be Millionaires by Rachel Rodgers
  9. Rich Dad Poor Dad by Robert Kiyosaki

 

However, it’s important to note that just reading books won’t make you wealthy. It doesn’t matter how many you finish in a month. If none of them strike a chord with you and you don’t act on them, your situation won’t change.

 

Let’s jump into our top recommendations!

 

Read This 9 Great Money Books To Change Your Life

 

1. Get Good With Money by Tiffany Aliche

 

Get Good With Money by Tiffany Aliche

 

Hitting rock bottom is the one scenario you’d never wish to be in, especially if you have mouths to feed. Even scarier is the possibility that you might be unable to get back on your feet.

 

Award-winning author, Tiffany Aliche, is living proof that you can do it – Not just get back on your feet, but rise to the very top! In this matter-of-fact book, she shares her secret to what she calls a financially whole lifestyle.

 

What makes Get Good With Money appealing is its straightforward, anti-guru approach to gaining wealth. It debunks almost cringe-worthy claims of get-rich-quick guides and provides tips most people would find sensible and doable.

 

Tiffany’s 10-step formula (which this book is about) has helped countless women worldwide pay off their debts and continue to improve their finances.

 

Don’t get me wrong. This isn’t a female-only bible. Financial loss has no gender after all. As long as you suck at making and managing money, this is the perfect book for you.

 

 

2. Broke Millennial Takes On Investing by Erin Lowry

 

Broke Millennial Takes On Investing by Erin Lowry

 

“Don’t invest what you can’t afford to lose.”

 

This is one of the first tips you’ll get from your investment coach.

 

But what about the millennials who don’t even have extra money to lose, particularly those with student loans to pay down after college?

 

Can they invest, too? And how exactly should they do that?

 

That’s what Broke Millennial Takes On Investing is all about. Erin Lowry is passionate about teaching young people how to invest using what little they have so far and still managing to save up for a rainy day – in a way they can understand.

 

The thing about investment is it’s full of financial technobabble that even experienced investors find confusing sometimes. Someone has to break it down into tiny bits to make it digestible for the average Joe. This book manages to do just that.

 

Whether you prefer to get started using a robo-advisor or navigating the trading platform yourself, this book offers on-point advice—brass tacks but comprehensive and well-explained. No wonder VICE named it one of the best self-help books for personal finance in 2022.

 

This is actually the second of Lowry’s Broke Millennial series. The first book—Broke Millennial—covers financial management basics. If you’re finished reading that and want to step up your game, get a copy of this book—and the third.

 

 

3. The Psychology of Money by Morgan Housel

 

The Psychology of Money by Morgan Housel

 

Like other authors of personal finance books, Morgan Housel’s ultimate goal is to help readers make informed monetary decisions.

 

What makes The Psychology of Money unique is how it hauls out valuable wisdom from real-life accounts of people who make big choices at the worst, and perfect, moments.

 

Housel believes people should be taught how to make financial decisions—big or small—outside where they are usually necessary. Not in front of a computer where they can see and analyze data.

 

It’s not that he considers spreadsheets and candlestick charts a cheat. He simply wants you to get out of the box and start learning financial management by practice.

 

Knowing what to do with your money when all you have is conventional wisdom – while surrounded by all kinds of pressures and temptations – is critical to preserving or expanding your wealth.

 

This book is a best-seller on Amazon and has 4.7 stars.

 

 

4. Your Money or Your Life by Vicki Robin

 

Your Money or Your Life by Vicki Robin

 

Vicki Robin – the prophet of consumption down-sizers, according to the New York Times – has done so well with this book that even Oprah speaks highly of it.

 

When an accomplished money-maker reads your book and invites you to her show, it means there’s something special about it.

 

Well, Vicki isn’t your typical wordsmith. A prolific finance lecturer and social innovator with a long list of media guesting and magazine features, I’d say she knows money like the back of her hand.

 

You may find familiar subjects discussed in Your Money or Your Life, such as how to get out of debt, how to manage your revenue streams, and how to invest in index funds. But these are all just the thin end of the wedge.

 

The actual savory filling of the rather conventional guide this book appears to be is how it goes beyond the typical goal of achieving financial freedom.

 

What happens when you’ve succeeded? How do you deal with the drawbacks of wealth? These are the fundamental questions the book tries to answer. It all comes down to the morality of financial management.

 

 

5. The One-Page Financial Plan by Carl Richards

 

The One-Page Financial Plan by Carl Richards

 

Another book you should add to your list is The One-Page Financial Plan. In this book, the New York Times Columnist and the creator of Behavior Gap, Carl Richards, sets the record straight about the common misconceptions in financial planning.

 

He believes a great financial plan isn’t based on market data or other people’s predictions but on what matters to YOU. Shifting the focus back to yourself allows you to cut through the noise and get clarity of the big picture. This then whittles down your lengthy and confusing financial plan into a single, convenient page.

 

The One-Page Financial Plan is about taking the complexity (which discourages many from trying) off financial planning. With a better understanding of where you stopped and want to go, it’s easier to create a strategy that can bridge the gap.

 

This book is ideal if you feel you’re missing a piece of the puzzle, and finding it is all you need to jumpstart your interrupted money journey.

 

 

6. I Want More Pizza By Steve Burkholder

 

I Want More Pizza by Steve Burkholder

 

As parents, we only want what’s best for our children.

 

Sounds noble, right? But how exactly do you do that? What are you doing to secure your children’s future?

 

In the words of the famous screenwriter Sonya Levien, good intentions are not enough. You have to put the onions in the soup.

 

Giving your children this book is a good start. Steve Burkholder wrote I Want More Pizza in a way that would interest teens.

 

Let’s be honest; finance isn’t particularly an appealing subject to adolescents. It takes correct vocabulary and tone to make a connection. And that’s precisely how Steve worded each line in the book.

 

This book covers pretty much everything, from earning money and proper budgeting to using credit cards and taking out loans. There’s even a section about dealing with mental blocks.

 

Basically, things kids don’t learn in school.

 

 

7. Why Didn’t They Teach Me This in School? by Cary Siegel

 

Why Didn't They Teach Me This in School? by Cary Siegel

 

Speaking of things not taught in school, this is what you’ll get from the next book on the list. Cary Siegel, the author, initially wrote this book for his five children to prepare them for adulthood. It’s not based on any books or articles he’s read but on the lessons from his own experiences.

 

Thankfully, he’s generous enough to share it with the world.

 

While English, math, and science are essential, Cary believes schools should also teach kids personal money management. After all, money will be their biggest concern as they step into the real world and become parents themselves.

 

Why Didn’t They Teach Me This in School? focuses on real-life financial management principles. Like other books about finances, there are lessons on investment, savings, credit cards, and proper budgeting.

 

You’ll come across some unorthodox methods. But they are all proven effective. Cary didn’t include anything in the book that didn’t work for him.

 

 

8. We Should All Be Millionaires by Rachel Rodgers

 

We Should All Be Millionaires by Rachel Rodgers

 

Remember The Budgetnista’s Get Good With Money and why it’s not necessarily intended for women alone? Well, this next book is what that book isn’t. It focuses on empowering women, ultimately making more female millionaires.

 

The author, Rachel Rodgers, is a self-made millionaire who has built her wealth from the lessons she learned from personal experience and the stories of people she coaches. She realized that to make millions, you should be ready to make million-dollar decisions.

 

Rachel’s principles rectify several generally accepted perceptions about money. For instance, the idea that greed is the only thing that drives one’s urge to make more money, and that cutting back on your lifestyle is the best way to save money.

 

In We Should All Be Millionaires, Rachel explains that changing this mindset opens up more doors of opportunities that lead to an abundant life.

 

Of course, no one becomes a millionaire overnight. If you’re considering buying this book because you think it can catapult you to the top 1% of the population in a year or two, this isn’t the book for you.

 

 

9. Rich Dad Poor Dad by Robert Kiyosaki

 

Rich Dad Poor Dad by Robert Kiyosaki

 

Want a classic? One that has helped millions of wealth-growers over the last 20 years?

 

You’ve got to have Rich Dad Poor Dad by Robert Kiyosaki on your shelf.

 

Best if you buy both the first and the latest versions to see how the author’s perspective has changed and what new things he added.

 

The book is about Robert’s two dads—one is rich, and the other is poor—and how his relationship with them helped shape his understanding of money.

 

In this book, he challenged a few established ideas, including the school system, real estate being considered an asset, and even the notion that you can only get rich if you have a high-paying job.

 

Rich Dad Poor Dad highlights the significance of having the right attitude towards wealth, arguing that money should be the one working for you and not the other way around.

 

This is the perfect book for anyone who wants to delve deeper into the concept of assets and liabilities.

 

The first book is a GOAT in finance publishing, while the latest edition is a mainstay in Amazon charts.

 

 

Wrap Up: Reading a book is a commitment!

 

Choosing the perfect money book is one thing. Finishing it is another. In fact, only about 37% of readers finish the book they started reading. The rest simply succumb to all kinds of interruptions, from lack of time to straight-out boredom.

 

Some people stop at page 20 because they think they’ve absorbed the information they desire. Truth is, the gist of most books is found near the end, and it won’t make sense to you unless you finish reading the preceding pages.

 

That’s what reading a book is. It’s like working out; you won’t get the results you want if you don’t do it regularly and consistently. If you want to soak up the financial wisdom that these authors used to get to the top, make reading a habit and try not to read a new book without finishing the last one.

 

With that parting advice – go forth and master your money!

 

 

 

Rodman Papros

About The Author

Rodman is a copywriter, editor, and non-profit founder based in the Philippines. With over a decade of solid experience in SEO and digital marketing, he’s an expert in creating content that educates and converts.