Ana Margarita Olar| Executivechronicles.com
Where are you getting your financial lessons? Is it from your parents or your relatives? Are you following the advice of your friends? The question is, are they financially literate? Do they know how to invest? Or do they know how to save money? If not, you have to find yourself another mentor who can help you out.
Here are some powerful books that will teach you a lot about handling your finances:
THE TOTAL MONEY MAKEOVER by DAVE RAMSEY
One step to your financial freedom is to get out of debt. And you will learn it from this powerful book. It was originally published in 2003 and has been updated since. Some of the financial lessons from this book help the reader in many ways. It clears the budgetary fog in your head and makes a real lasting change to your lifestyle.It teaches you to save for financial goals and clear out your debt.
YOUR MONEY OR YOUR LIFE by VICKI ROBIN AND JOE DOMINGUEZ
This is a powerful book for money management. The idea is simple. Simplify your life like crazy. Live below your means. You can also learn the psychology of money from this book. Turn your thoughts and feelings about money the other way around. They also have advice on how to create passive income and how to make your money work for you.
THE MILLIONAIRE NEXT DOOR by STANLEY AND DANKO
Is there a common trait among the millionaires? The authors have surveyed and interviewed different millionaires. And all the secrets have been imprinted in this powerful book. Among the advice were: budgeting, managing your financing and also, living below your means.
I WILL TEACH YOU TO BE RICH by RAMIT SETHI
This powerful book is designed to simplify complicated topics about finances. It’s all about investing and managing personal finances. The steps are so easy to follow so that you’ll more likely be following his tips. It is easy to stick with it and improve your financial situation.
RICH DAD, POOR DAD by ROBERT KIYOSAKI
This powerful book is eye openers to all the financial mistakes most people do. And one of these mistakes is learning financial lessons from wrong people. In this book, the author relates having two important influences in his life. One is his rich dad who taught him about business, saving and investing. And his poor dad who taught him that money is evil, but cannot free himself from a rat race.
These are only some of the powerful books that can change your ideas about money. Here is the list of other must-read books that will help you become financially free.