Are you ready to save more money? Do you want to learn how to set a budget? As you read these books, you’re well on your way to being financially stable. In fact, more people are interested in becoming richer than ever before. Without delay, here’s five books that will make you financially sound and wealthier.
1. Managing Your Money (All-In-One) For Dummies
By The Experts at Dummies
Notably, this book has a 4.5 out of 5 rating on Amazon with raving reviews. For this reason, the book serves as a simple guide to being financially sound. Not to mention each chapter reflects on the basics like; savings, paying off debt, retirement goals, and how to create a budget. Uniquely, it also explains the steps for a novice money planner. In other words, the terminology is simple; more relaxed if you will, and has many examples provided to demonstrate the knowledge. That is to say, having relative examples helps the reader apply money hacks to their own life as well.
2. The Psychology of Money
By Morgan Housel
By the same token, this book has a rating of 4.7 out of 5. As to being financially sound, this book explores the common mistakes individuals make and how wealth is perceived. Similarly, it explores how greed, behavioral habits, and misknowledge can lead to poor financial choices. Besides this, it has nineteen short stories that personalize the psychology of those specific decisions. Thus, it is understandable to the reader.
3. The Financial Diet: A Total Beginner’s Guide to Getting Good with Money
By Chelsea Fagan
First known for her YouTube channel, The Financial Diet, Chelsea Fagan has now published this book with a rating of 4 out of five. In order to draw more people in, Chelsea Fagan created videos that sponsored the same knowledge financial advisors offer. This created more accessibility and now with her published book, it can serve as a collection of her ideas on money. Then she began to focus on student debt, credit issues, and how to live on a median salary. Again further explaining small expenses like; clothes, food, housing expenses, and annual costs like insurance. Including the breakdown of expenses shows how much money should be allocated for them.
4. Sudden Money: Managing a Financial Windfall
By Susan Bradley
If you’re seeking a book with more advanced techniques then this is the book for you. After all, it has a rating of 4.5 out of 5 and is listed as a support guide for people struggling with complex money issues. Amid changing times, this book can help with widespread issues like; settlements, taxes, stock, and much more. After reading one of the books aforementioned above, this would be a great next read. In effect, there is an emotional component that Susan Bradley recognizes when it comes to these hard situations. To summarize this would help provide long-lasting efforts to not only solve important financial issues but make long-lasting solutions.
5. How to Manage Your Money When You Don’t Have Any (Workbook)
By Erik Wecks
Finally, the last book on this list reflects on economic strategies for people suffering from poverty or low-income living. Altogether it has a 4 out of 5 rating and is specifically dedicated. In general, it can be hard to use atypical money strategies when you do not have much revenue, to begin with. For this reason Erik Wecks explains how to escape poverty and work under the circumstances given. Seeing that it follows the modern economy means the concepts are not outdated and very relevant to today’s struggling individuals. On the condition you’re willing, he will help show you how to make ends meet no matter what your income size is.
All in all these books are the first step in the right direction towards financial wellness. In effect, each book uses contrasting methods with dissimilar intended audiences.