7 Books That Will Inspire You To Manage Your Finances Well

Shelves with a lot of books in ambient lighting

By investing in your financial knowledge, you’ll finally be able to stop worrying about money and use it as an instrument to build your wealth. For some people, finance can be a scary topic to visit. Don’t worry – you’re not alone, Roomi’s got you covered! Our recommendations in this blog will surely inspire you to manage your finances well! These books are written by self-made authors who have used their life experiences to learn more about the financial world. We have also included one of the most trending books in our list – The Simple Path To Wealth, do check it out!

7 books from financial gurus that will inspire you to manage your finances like a pro!

1. Rich Dad Poor Dad by Robert Kyosaki

Rich Dad Poor Dad is a famous book where Robert Kyosaki talks about how he learned about money from two very different dads: his dad and his childhood friend’s dad. Both dads had very different ideas on life and wealth, and he compared them both. This book tells us how vital financial education is, and how little we get to learn about it. The importance of money working for you as opposed to you working for money is the main lesson.

2. The 4-Hour Workweek by Tim Ferris (Best book to help you manage your finances & work hours well!)

Apart from being an author, Tim Ferris also has an inspiring podcast, and he is an exceptional entrepreneur who has sold millions of copies of his books. In The 4-Hour Workweek, Tim inspires you to work smarter and not just harder. He encourages you to turn your wishful thinking into reality. His views on taking ‘mini-retirements’ during your life are fascinating. Not everyone wants to quit their jobs, but finding the right balance between work and life is one source of happiness and good mental health. This book helps you understand how to escape that 9 to 5 routine and create passive income streams without being chained to your desk. A must-read for all looking to manage finances & work hours!

3. The Millionaire Next Door by Thomas Stanley and William Danko

This book provides an in-depth insight into the real millionaires – people who live well below their means and achieve wealth through savings and hard work. Thomas interviews hundreds of these next-door millionaires. The book is genuinely inspirational and authentic, filled with success stories of real people. So if you’re looking to get inspired to manage your finances or dream about being a millionaire – this is the book for you!

4. The Magic of Thinking Big by David Joseph Schwartz

Published in 1959, this book still holds its own today, as David explains how removing negativity and building self-confidence is essential. By thinking big and surrounding yourself with positive thoughts, you can achieve happiness. The book has sold six million copies, and its readers have embraced David’s advice – don’t limit yourself.

5. The Simple Path to Wealth by JL Collins

If you are scared of the stock market and have little understanding about it- The Simple Path To Wealth is just the book for you. If you want your money to work for you, then take up this simple approach and avoid risky strategies. According to Collins, Index Investing is the way to go. As you read, you will discover Index Investing, Vanguard, and the simple path to wealth.

6. The Boglehead’s Guide to Investing by Taylor Larimore, Mel Lindauer, Michael Leboeuf

This book teaches you about passive investing methods and uses low-cost index funds. It’s a useful guide if you have managed to save money but do not know how to invest it. It’s one thing to learn to manage your finances and another to help it grow via useful inventions. This book helps in long-term investing while not letting you lose your sleep over it.

7. Financial Freedom by Grant Sabatier

Grant is a fantastic blogger who went from $2.26 to over one million in only five years! ‘Financial Freedom’ gives you everything you need to start a new life. Grant says, “Making a lot of money isn’t the point. Time is!” It is impossible to repurchase time, and by learning to manage your money in the best way, you can buy your freedom. This book teaches you everything about side gigs, investing, saving, and tackling your 9 to 5 and more.

These books on financial freedom will inspire you to manage your finances along with helping you to learn ways to improve your wealth. Money may not be the only essential thing in life, but learning to manage could just set you free.

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