Best Financial Advice Books

[DisciplinedSaver101]

I have found two financial advice books that I love. Both are by Zac Bissonnette...

Debt Free U (shows you how to go to college without incurring debt, even if your family has very little money)

How to Be Richer, Smarter and Better Looking Than Your Parents (great common sense advice that for some reaon most people don't follow)

Can anyone recommend a different book they like?

[btctony]

The Total Money Make Over and Complete Guide to Money. Both by Dave Ramsey.

[Alexandre Mancini]

Hi,

be careful of what you read. Financial advice from the school system and financial advice from rich people is not the same.

Most or the richest people on earth built their wealth on debt, not equity. Surprisingly, when I used to work for a financial institution I was forced to say to my clients that debt was bad (even good debt), and that they need to save long term in a mutual fund (lol).

While this strategy is good for some people, if by "financial advice" you mean building wealth, then it's not the best strategy.

The best book I have ever read regarding personal finance is Rich Dad Poor Dad.

Why? Because it uses the KISS principle (Keep It Simple Stupid). And like Kevin O'leary said, cash flow is king.

[Retired To Win]

Mr Money Mustache Has The Best Advice I've Found

I know it's not a book. But the Mr Money Mustache blog literally transformed the way I look at spending and money. You can go to the first post and just pick your way up through his whole posts list, which is what I did when I discovered his blog. Done that way, it reads like a book made up of short chapters.

Retired To Win
making the most of my time and my money

P.S. -- I hope mentioning the blog (while not actually giving you its url) doesn't violate the rules.

[kyoko]

I found "The secret Millionaire Mind" by T. Harv Eker very fascinating. He lays out why rich gets richer and poor gets poorer in the very simple way.

I was a conservative saver who stuck with the budget religiously, but somehow had financial challenges. (Basically, like there is always something!)

This book helped me realize my scarcity mentality is actually the root cause of such financial challenges. If you believe you don't deserve wealth, you will not become wealthy, and I had that mindset for a long time.

I recommend this book to everyone.

[Sean_DeSilva]

Having a deep understanding of appreciation, compounding, and at least a basic understanding of tax advantage would serve everyone as a good foundation.

I personally also believe that philosophy plays a big role. It's much harder to spend senselessly after understanding concepts like status anxiety, materialism, and relativism. Maybe that's overkill for most people though, hehe.

[mollardr1]

books

Dave ramsey's books are good to read.. i agree with some above posters. Also the automatic home millionaire is a good book to read as well.. even if you are not looking at buying a house right now, it has some good information.