During the learning process, our members always look for books and resources that may help to understand finances process better. As many people often ask me to help out with some resources to read, I’ve decided to make a list of books and multiple resources online to be able to share it with a wider audience.
The top 3 books to read about finances
1. Tools of Titans
This is a book written by an author Timothy Ferris who’s also written best sellers like ‘4 hour body’, ‘4 hour work week’ and ‘4 hour chef’. This is one of his latest book where he focuses on people who are mostly good at finances and management. It covers a wide range of topics from decision making to financial planning. It’s worth reading and most likely you’ll be able to spot many issues that you already have and that can be improved.
2. Rich Dad Poor Dad
Of course, most people have heard about Robert Kiyosaki. He’s a famous author of a best seller ‘Rich Dad Poor Dad’. Even though the book is quite old already, the basic principles stay the same and you don’t want to miss them. If you haven’t read the book, make sure to find it in the closest book store or buy it on Amazon. It’s very plain and simple and most likely you’ll read it in couple hours but the value you’ll get from it outweighs the time you’ll need to read it.
The book talks about simple things like mortgage payments, financing your dreams etc. etc. This is the best part if most books tell you to think about your finances and live a normal life without overspending, this one is going to show you how to spend on your dreams and still be able to live normally without stressing out about your finances.
3. Principles by Ray Dalio
Now, before you dive into this book, I want to warn you. In the beginning, it seems to be a list of things that overwhelm your mind, but once you get over the first chapter, the best part begins. This is a must read not only for anyone interested in how to manage finances but also how to live a successful life.
The book lists multiple factors on how to make decisions without even thinking about them. The basic idea is that you need to have a number of principles you follow and all your decisions are simple to make.
Here’s a useful video you may find useful: