The Top Ten Must Read Personal Finance Books of 2018

Money

When it comes to improving your finances, reading from a diverse number of folks can be a great way to come up with great ideas that can help you achieve your goals. 2018 could be the year that you get started on the straight and narrow, financially speaking. Here are 10 books that you should read in 2018 to improve your knowledge of personal finance.

The Millionaire Next Door

This groundbreaking work from Thomas Stanley and William Danko has been out for quite a while, but the information that it provides is timeless. Stanley and Danko decided to look at what set rich people apart, and it was not at all what most people might expect. Most rich people avoid conspicuous displays of wealth and choose to live well below their means. This allows them to build wealth over time and become the millionaires who live among us.

Your Money or Your Life

This is another classic personal finance book, and Vicki Robin and Joe Dominguez ask the question of whether you want to really keep trading the valuable hours of your life for money. The way to escape the treadmill of working until you die is best arrived at by spending less than you earn and tracking accumulated capital until you reach a state of financial independence. Then, you can say that you truly own your time.

Rich Dad, Poor Dad

In his book Rich Dad, Poor Dad, Robert Kiyosaki looks at his two dads who had two very different views of money and wealth. He encourages his readers to stop working to earn and to begin working to learn so that they can think about money in the way his rich dad did and build wealth all along the way.

I Will Teach You to Be Rich

Ramit Sethi’s book is committed to helping the millennial generation automate their finances so that they can get rich over time. While he’s not radically frugal, he encourages this automation because he argues that getting started on the right track will get you farther than most people because of inertia. He offers some great tips toward this automation.

The Total Money Makeover

Even though some people might question Dave Ramsey’s assertion regarding investment returns and never, ever holding a credit card, this book is full of great advice. The best parts of the book deal with how to get out of debt and see that you’re very likely to avoid it going forward.

Cut your Grocery Bill in Half with America’s Cheapest Family

One of the biggest monthly expenses that most families will have each month is related to food. Steve and Annette Economides argue that this is not necessary, and they give strategies to cut down on your grocery expenses.

You Can Retire Sooner Than You Think

Wes Moss shows his readers that they don’t necessarily have to fret about retirement. As long as they start saving and pay off debt, the huge nest eggs that some financial advisors recommend are not a necessity. Moss breaks down how much money is necessary to save for each $1,000 of income in retirement and takes away some of the mystery of retirement by recommending saving in a series of buckets.

You’re So Money

Farnoosh Torabi is one of the leading personal finance voices around today. She focuses on stretching paychecks without calling for readers to be so frugal that they cannot enjoy life. Torabi recommends budgeting for luxuries and then cutting back in areas that are not as important to you.

You Need a Budget

Also related to the area of budgeting, Jesse Meacham’s book on budgeting is a must read. In this book, Meacham shows readers how to get out of debt so that they can escape the cycle of living paycheck to paycheck. This process can allow you to live a bit more freely and take away many of the concerns that being short of cash can bring.

Zero Down Your Debt

Getting out of debt is a theme among the personal finance space, and Holly Porter Johnson and her husband Greg are on board with this idea. The Johnsons recommend that readers use the zero-sum budget method each month to ensure that debts get paid off and that wealth is built.

Learning about personal finance is something that’s a big need in American society. By reading a few of these books during 2018, you’ll be well on your way to improving your financial outlook. That’s one great way to make the future look brighter.

Add Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Avneesh Agawral
10 Things You Didn’t Know About Avneesh Agrawal
20 Things You Didn’t Know about Flipkart
Spencer Kimball
10 Things You Didn’t Know about Spencer Kimball
elevate brands
20 Things You Didn’t Know About Elevate Brands
Credit Card
10 Reasons We Like The Divvy Business Credit Card
Tesla
The Top Five Stock Picks Targeted at Climate Change
Credit Card
The 20 Best Travel Credit Cards of 2021
Wine
20 Things You Didn’t Know About Vinovest
Indiana
The 10 Best State Parks in Indiana
flea market
10 Reasons to Check Out The Mile High Flea Market
10 Reasons to Check Out the Red Barn Flea Market
LaGuardia
LaGuardia Airport is Getting a $2.1 Billion Upgrade
What is an Interference Engine and What is it Used For?
Volkswagen Passat…Chattanooga, Tennessee
Why Volkswagen Stopped Producing the Passat in the U.S
A Closer Look at Aston Martin’s Valhalla Supercar
Does Peugeot Still Make the 308?
A Closer Look at the Creux Automatiq Ghost V3 Mono
Seven Fridays
A Closer Look at the SevenFriday’s P1C/04 Caipi Watch
Doxa Sub 200 Whitepearl
A Closer Look at the The Doxa Sub 200 Whitepearl
Montblanc Summit
A Closer Look at the Montblanc Summit Lite Smrt
How Upchurch Achieved a Net Worth of $4 Million
Charlene de Carvalho-Heineken
The 10 Richest People in The Netherlands
How Kelly Osbourne Achieved a Net Worth of $20 Million
Herb Dean
How Herb Dean Achieved a Net Worth of $1.5 Million