3 Books to Help Build Your Wealth
If you’re like me reading a book always seemed like a huge waste of time. Why would I want to sit down for an hour a day and read when I could just watch something on YouTube or Netflix? This all changed in 2014 when someone suggested that I read a simple, 200 page, personal finance book called Rich Dad, Poor Dad. Now we’ll talk about this book later on in this article but what this book did was light a spark about how to money is just merely a tool.
Since then, I have read a couple dozen books that have shown me different ways to use this tool called money. Taking little pieces of information from each of these books and compiling them into how I view money has developed my financial blueprint. This is my blueprint and may not work for you. Because again, you need to figure out what you want your financial story to be. I’d like to help you discover your financial path so here are my top 3 books to get you thinking.
This is the book that started it all. In short, it tells the story of how Robert’s two father figures used money in totally different ways. His real dad was a school teacher that worked his regular 9-5, while his friend’s dad was a business owner and real estate investor. The main takeaway from this book is to shift your mindset of how you think about money. Additionally, he goes into how your money should flow as well as teaching you the difference between an asset and a liability. And no, he isn’t talking about accounting terms.
In short, Ramit covers it all. This book is loaded with great information. It spans topics of how to ask for a raise at work to getting fees waived by banks and everything in between. Ramit puts everything into a 6-week program that is focused around his three pillars: banking, savings, budgeting, and investing. If you struggle with the basics this is the book for you.
This book is all about mindset. Like many things in the life, our biggest deterrent is our own negative thoughts. T. Harv gives 17 wealth files of how the rich think about money vs. the poor and quizzes you to see where you fall. He then gives practical advice on how to shift your mindset and unlock your hidden wealth. He calls all of this: building your financial blueprint. Reading this book and performing its’ exercises will help you understand who you are as an individual and what your personal finance goals should be.
Well, there you have it. My top 3 books to help build your wealth. If you want to check out any of these titles yourself you can click on the title or pictures above and it will take you straight to Amazon.
Also, since we can truly never stop learning, I have built a page on the site with additional books I recommend. These cover a wide range of topics from trading stocks to taxes (I can feel some of you cringing now).
What books have you read that have had the largest impact on you? It can be about personal growth, public speaking, or any other topic I’d like to know in the comments below!