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Tuesday, January 18, 2022
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    Eight books that will teach you how to be wealthy

    What is your financial strategy? Do you have one at all?

    If not, it’s not unusual. Most of us didn’t have a financial plan until around two years ago.

    However, we now believe that every working professional needs a financial strategy. What do you do with your money? How much money do you save? What are your feelings on debt? What are your strategies for putting your money to work? How much money do you require to live comfortably in retirement?

    These are questions that every individual who earns a living must address.

    Let’s be honest. If you want to retire comfortably (not to mention live a luxurious lifestyle), you must become wealthy.

    And the eight books we propose in this article will assist you in doing so. If you read them, you’ll never have to worry about money again.

    source = accidentallyretired

    J.L. Collins’ “The Simple Path to Wealth”

    Audible Rating: 4.8 stars | Goodreads Rating: 4.47/5

    “The Simple Path to Wealth,” which has the highest rating on our list, lays forth a clear path to financial freedom. Collins believes money is the “single most powerful instrument” and demonstrates how to use it to build riches. The book has received positive reviews on Amazon and Goodreads, with readers hailing it as an approachable guide to investment and portfolio development with clear lessons on handling debt, investing, and your attitude.

    M.J. DeMarco’s “The Millionaire Fastlane”

    4.5 ratings on Goodreads | 4.36 stars on Audible

    Author M.J. DeMarco, who is ranked second on this list, contrasts life in the Slowlane (following the mainstream road to possible old riches) and life in the Fastlane (doing things your way) (the alternative path to extraordinary wealth). As a self-made billionaire, DeMarco believes that recognizing a need and providing a solution is the key to earning money. This is an excellent book for problem solvers and business owners alike.

    Taylor Larimore, Michael LeBoeuf, and Mel Lindauer penned “The Bogleheads’ Guide to Investing.”

    4.5 ratings on Goodreads | 4.30 stars on Audible

    The concept of business entrepreneur and Vanguard founder John “Jack” Bogle is championed in this well-respected, practical guide to investing. The writers claim in the preface that their goal is to teach people how to get the highest long-term returns on their investments. Learn to be a Boglehead by concentrating on building wealth over time and achieving financial security.

    George S. Clason’s “The Richest Man in Babylon”

    4.5 ratings on Goodreads | 4.26 stars on Audible

    This book, considered a classic work on financial planning and personal prosperity, teaches financial knowledge through Babylonian parables. It teaches you how to save a percentage of your salary, live within your means, and make your money work for you, among other things.

    Benjamin Graham’s “The Intelligent Investor”

    4.5 ratings on Goodreads | 4.23 stars on Audible

    Benjamin Graham, a prominent investment strategist, explains the idea of “value investing.” This stock market classic deconstructs Wall Street’s veneer and lays out long-term tactics to help you get the returns you want from your investments. This work, first published in 1949 and is even endorsed by Warren Buffett, is still relevant today.

    “How to Win Friends and Influence People” by Dale Carnegie

    4.5 ratings on Goodreads | 4.21 stars on Audible

    While not specifically about personal money, Dale Carnegie’s best-selling debut book gives guidance for individuals who want to succeed in life and business. It explains how to persuade others to like you, how to convince others to think like you, and how to influence others without instilling bad sentiments in them.

    Fred Kofman’s “Conscious Business”

    4.5 ratings on Goodreads | 4.21 stars on Audible

    “Conscious Business,” as recommended by Sheryl Sandberg, Facebook’s COO, in a New York Times interview, encourages you to bring more awareness to all parts of your job. It enables you to identify barriers, determine your team’s requirements, and communicate and make decisions effectively. The book also contains a spiritual component that looks at who you are and what your mission is to bring that consciousness to the surface.

    “Secrets of the Millionaire Mind” by T. Harv Eker

    Audible Rating: 5 ratings | Goodreads Rating: 4.20/5

    “Secrets of the Millionaire Mind” establishes a link between wishing to be wealthy and being wealthy. It’s divided into two sections, the first of which focuses on discovering and resetting your money blueprint, and the second of which delves into the attitudes and actions of the wealthy. According to the book, some individuals aren’t built for financial success, but if you modify your money blueprint and start thinking like the affluent, you can rewire yourself to be successful.

    So there you have it: eight books that can help you determine your route to financial success.

    Priyanka
    Priyanka Aggarwal, an English Literature Post Graduate has invested her flair for writing and editing masterpieces.

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