The Best Books on Finances

The Best Books on Finances

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From Spotify podcasts to logreads on Investopedia, many resources will help you gain an in-depth understanding of investing, personal finance, and financial literacy. One of the most popular financial literacy resources is, of course, nonfiction literature. With so many books on the market, how do you pick one that is both engaging and useful? If you are tired of the constant list of Kiyosaki’s Rich Dad Poor Dad and Tony Robbins books, this compilation is for you.

1. The Psychology of Money, Morgan Housel

With up to 150 thousand ratings on Goodreads, one of the world’s largest sites for book recommendations, Morgan Housel’s The Psychology of Money offers invaluable lessons on money spending habits. Throughout 19 short stories, the award-winning author explains personal finance, investing, and other money-related decisions in a straightforward and accessible manner. Overall, this book is a must-read. Great literature aside, if you are looking for fast money, check out the cash app, a platform tailor-made for finding your perfect lender.

2. The 4-Hour Workweek, Timothy Ferriss

Are you tired of feeling like a hamster trapped in the constant 9-to-5 work routine loop? Then it is high time for Timothy Ferriss’s The 4-Hour Workweek, a book with over 280 thousand ratings on Goodreads. This author offers a plethora of advice on social mobility and new approaches to working as he investigates a modern subculture of the new rich. It won’t necessarily change your current working situation, but it will open you up to new opportunities and change your perspective on many issues.

If you have already read and liked this author, consider reading Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers. With a foreword by Arnold Schwarzenegger, this book is an inspirational compilation of advice and tactics from the best experts in their field.

3. Freakonomics, Steven D. Levitt, and Stephen J. Dubner

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything is a gem of a book that offers a quirky and fun perspective on the economics of daily life. The authors apply economic theory to everyday topics and shed light on common misconceptions about economics. It is not a big surprise why this book sold over 4 million copies worldwide, as the authors’ trademark wit and powerful storytelling make this nonfiction one of the most compelling reads on this list.

Tip: If you are a podcast listener, consider checking out the Freakonomics Radio podcast, which has more than 10 million monthly listeners. The hosts don’t offer straightforward advice on personal finance and loans; instead, they apply economic theory to topics like free public transit and two-parent households.

4. Zero to One: Notes on Startups, or How to Build the Future, Peter Thiel

In this book, Peter Thiel, a household name in the world of investing and entrepreneurship, offers an optimistic vision of the future, replete with possibilities. The author provides notes on startups and reinforces the idea that the world is brimming with opportunities and uncharted territories for budding entrepreneurs. If you are interested in getting advice straight from the mouth of the co-founder of PayPal, read this book, which has more than 340 thousand ratings on Goodreads. To sum up, in this list, we have collected only a couple of the most popular books in the finance and investing categories. There are many more, but it’s wise to start small, as long hauls might be too challenging for beginners. Hopefully, you will find these books helpful.