Making money is an integral part of life. Earning a living, saving for the future, and investing wisely are all things you need to do to be successful, and learning the right tricks and skills can make your money-making process effortless. But there is so much information out there about making money that it can be hard to know where to start!
In this article, I’ll introduce you to the 11 best books on making money that deals with the topic analytically – not overly preachy or opinionated. These books will give you the knowledge and skills to achieve financial freedom. You’ll learn about investing, budgeting, saving money, and more. Let’s get started-
11 Best Books on Making Money
Here are some of the best books on making money.
1. Rich Dad Poor Dad – Robert Kiyosaki
Rich Dad Poor Dad is a classic for a reason. It is a book about financial literacy written by Robert Kiyosaki. The book is about how to become rich and avoid the rat race of working for money. This is done by investing your money rather than spending it on things like a fancy house or car, which do nothing to help grow your wealth. Suppose you can learn to save and invest your money wisely. In that case, you will be able to work less than others without sacrificing comfort or quality of living and still earn more than them on average (even if their salaries are higher).
The book is full of real-life examples and stories that illustrate the differences between assets and liabilities and how owning assets can help build wealth over time while liabilities eat away at your wealth. The book even goes so far as to say that most of us are poor because our parents often taught us wrong, often by not teaching us anything!
2. The Millionaire Fastlane – MJ DeMarco
The Millionaire Fastlane is a quick read and one that you’ll probably want to read over again. That’s because it’s not just about the principles of making money—it’s about how to make money without a job.
The book is based on three simple but powerful principles: speed, leverage, and automation. The author uses his own experiences as an entrepreneur to explain how these three principles work together for people willing to work hard enough (and smart enough) to become millionaires without having a regular 9-to-5 job.
I really like how MJ DeMarco writes this book. It’s written in very simple language so readers can easily understand what he wants to say and apply it in their own lives right away.
3. Think and Grow Rich – Napoleon Hill
If you want to make money and live a fulfilled, happy life, then this is the book for you. It is one of the best books on making money, so you want to read it if you’re serious about finding success and wealth. It was published in 1937 and has sold over 30 million copies worldwide. The book teaches readers how to think and grow rich by setting goals, overcoming obstacles, and achieving success. The author shares his wisdom about success in business and life as well as personal finance management.
4. The Intelligent Investor – Benjamin Graham
The Intelligent Investor is a value investing book written by Benjamin Graham and published in 1949. The Intelligent Investor has been referred to as “The Bible of Wall Street” and “the best book about stock market investing ever written.”
Benjamin Graham has considered the father of value investing. Warren Buffett says this is the single greatest book on investing ever written. When he passed away in 1976, Warren Buffett said: “He was one of those rare people who combine wisdom with a sense of humor. I could easily go on at length about his many wonderful qualities but let me simply say that he taught me more than any other person about how to invest successfully.”
5. Money Master the Game – Tony Robbins
Money Master the Game is a book written by Tony Robbins, a well-known motivational speaker, and financial advisor. The book is based on the teachings of one of his mentors, Jim Rohn.
Jim Rohn was an American entrepreneur who passed away in 2009 at 75 years old. He was born in 1933 and grew up during World War II when he saw many people struggling financially due to high inflation rates and food shortages. He wanted to learn how to become wealthy to help others improve their lives financially through entrepreneurship or investing in stocks or bonds.
As an adult, Jim worked as an executive at IBM before starting his own company that sold computer equipment like printers and modems, which helped him make millions of dollars during the 1980s tech boom when computers were becoming more commonplace around homes across America (and even around offices too).
6. The Millionaire Next Door, by Thomas J. Stanley and William D. Danko
The Millionaire Next Door is a book by Thomas J. Stanley and William D. Danko. It tells the story of the habits of the wealthy and how they differ from what people typically think about millionaires, including high-income professionals like doctors, lawyers, accountants, and business executives. The authors surveyed 1,000 millionaires and found that 80% were from families who had no wealth at all when they were growing up; rather than inheriting money or living off their parents’ salaries as adults (as most people assume), these millionaires worked hard throughout their lives to build their fortunes through thriftiness, hard work, and good financial planning.
The book is written in an easy-to-read style with lots of real-life examples—some funny, some surprising—that illustrate each point perfectly. For example: “A man who wears a $4,000 suit probably isn’t rich,” says one chapter title; “What does it say about someone who spends $300 on clothes but doesn’t buy any new books?” says another. The authors use these anecdotes to show how frugality is actually one of the secrets behind making money last longer than it would otherwise—and why spending frivolously can end up costing you more in the long run!
7. I Will Teach You to be Rich by Ramit Sethi
I Will Teach You To Be Rich is a personal finance book written by New York Times bestselling author Ramit Sethi. In his book, Ramit provides an easy-to-follow guide for young people to start saving money, get out of debt and make smart financial decisions.
Ramit’s methods are highly effective, and he has helped thousands of students around the world save thousands of dollars in their bank accounts by following his advice. As he puts it: “This book will teach you how to manage your money and make more of it.” The book covers topics like budgeting, investing, negotiating salaries, and reducing debt.
The book starts off with an introduction that explains the basics of personal finance – how much do you need at retirement? How do banks work? What are stocks? What is compound growth?
After this, five chapters cover specific areas:
- Budgets (how to make one)
- Investing (what should I invest in?)
- Debt reduction (how can I pay off my credit card debt?)
- Automating your finances (setting up automatic payments)
8. The Richest Man in Babylon – George S. Clason
The Richest Man in Babylon, by George S. Clason, is a classic tale of financial independence and wealth. The book’s parable format takes an interesting approach to explaining its concepts. Rather than just stating them outright or listing them as bullet points, Clason tells the story of a group of Babylonian businessmen who seek the advice of a wise man living in their town.
The concept is simple: if you have $10,000 and invest it wisely over time (compounding interest), then your investments will grow exponentially until you have $2 million! It sounds too good to be true—and maybe it is—but there are some pretty solid arguments for why this can work out well for someone who invests diligently and early on in life (before spending all their money).
9. The Total Money Makeover- Dave Ramsey
The Total Money Makeover: Classic Edition is the book that can change your life. It’s a great read for anyone who wants to get out of debt, save money and invest in stocks. Dave Ramsey (yes, the same guy who runs The Dave Ramsey Show on TV) is a financial advisor and motivational speaker who helps people learn how to improve their finances through his radio show and books.
In this book, he teaches you about budgeting, paying off consumer debt, investing in stocks and mutual funds, and real estate. Suppose you are interested in learning more about personal finance or just want to start getting your finances in order. In that case, this is definitely one of the best books on making money available today!
10. Broke Millennial takes on investing: a beginner’s guide to leveling up your Money (Broke Millennial Series)- Erin Lowry
In Broke Millennial Takes on Investing: A Beginner’s Guide to Leveling Up Your Money, Erin Lowry presents an accessible way to learn about investing. The book is broken into three parts: general information about how investing works, how to choose a financial advisor and what kinds of accounts you should have, and then specific investment topics.
The book’s first part is dedicated to explaining the basics of investing (stocks versus bonds), including why you should invest in the first place. The second part covers choosing a financial advisor or brokerage firm and creating a basic portfolio while also providing tips on keeping track of those investments. And lastly, some chapters cover different types of investments like ETFs (Exchange Traded Funds) and annuities which can be applied towards both long-term goals like retirement and short-term ones like paying off student loans quickly.
The last chapter contains some helpful tips for managing your money once its invested, such as withdrawing wisely from retirement accounts as well as avoiding fees associated with 401(k) plans if possible, by moving funds over shortly before turning 59½ years old, so they can be accessed without penalty payments being assessed against them by their respective employers.
11. Get a Financial Life: Personal Finance in Your Twenties and Thirties- Beth Kobliner
If you’re in your 20s and 30s and want to learn how to manage your money, this book is for you. It’s written in a friendly, easy-to-follow tone and has lots of charts, graphs, and tables that make it easy to understand. This is helpful because managing your money can be confusing at first.
This book teaches readers how to save money and avoid debt so they can invest their money in things like retirement accounts, college tuition funds, and long-term care insurance policies that could help them later on in life when they’re older. The author also teaches readers how to get out of debt by teaching them strategies such as “paying yourself first” (which means putting aside some money from each paycheck before paying any other bills).
Conclusion
Whether you want to get rich or just get started on your financial journey, these books can help. They’re all written by experts who have been through what it takes before and want to share their knowledge with others. They’ll help you avoid losing money, staying out of debt (and getting out of debt), and going into debt in the first place. If you’re looking for inspiration, motivation, or just some tips on how to better manage your finances, then one of these books is sure to do the trick!