If you take time to focus only on the most important things, living a comfortable life will no longer be a vision but a reality. If you think that it is difficult to create their own strategy, then you can look for practical financial advice that can inspire you to become financially equipped all the time.
Here are some of the best finance books that you need to read for your own benefit:
Control Your Cash: Making Money Make Sense by Greg McFarlane
Both Len and I agree that this is one of the best personal finance books for people who want to avoid living from paycheck to paycheck. This book teaches you how to grow your wealth — and it does so in a fast-paced entertaining manner, effectively tackling personal finance 101 on everything from bank account basics and investing, to how to buy a car. In short, this book is all about teaching you how to thrive by buying assets and selling liabilities.
Rich Dad, Poor Dad by Robert Kiyosaki
This New York Times bestseller points out how people have different views on how to become successful in life. While some of us may have been brought up in a traditional way of having to educate ourselves to gain success, this book steers clear of the stereotypical vision of success. It advocates strategies and techniques that were never taught in school but should come out naturally from the needs of an individual.
Personal Finance for Dummies by Eric Tyson
Carrying a book with “dummy” in the title may make you feel uncomfortable. However, the simplified financial advice inside teaches you how to take care of your finances in a few easy steps. This book has helped countless readers to manage their finances properly, and includes strategies that go with the changing economic conditions. It’s arguably one of the easiest and most popular personal finance books; it will help you assess your current financial health and set realistic goals in terms of reducing spending, tracking expenditures, and eliminating high-interest debt.
You’re So Money: Live Rich, Even When You’re Not by Farnoosh Torabi
This book focuses on college graduates as they embark on a new journey: facing reality. This includes having to deal with everyday struggles, mostly brought about by a financial crisis. With so many temptations, from owning the latest gadgets to traveling to different places, many young people today find it difficult to create a balance between enjoying life today and saving for the future. This book aims to help the reader achieve that balance.
Remember, a little knowledge never hurt anyone, especially when it comes to managing your money. The good news is, once you’ve learned how to competently manage your finances, you should be able to live a life of sheer comfort and happiness. And who doesn’t want to experience that?
Kostas Chiotis is an economist and a blogger. You can check out his blog at FinanceBlogZone.com.
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