The Best Personal Finance Books You Should Read Today

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This our selection of the best personal finance books that you should read today. These books are excellent reads to learn and educate yourself. That’s how all the greats started out and they have not stopped learning now that they are at the top of their game.

While some people seem to have been born with calculators in their hands, many on the other hand people fall prey to their own instincts to spend more than they should. Here is a list of your personal best financie books to get you started:

The Best Overall

Rich Dad Poor Dad by Robert Kiyosaki

This is the #1 bestselling, best personal finance book of all time.

Rich Dad Poor Dad: What The Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not! is a beautifully written book in a memoir format, with lessons attached to it. In this book, he shares two stories of two dads: one of his real father, ‘poor dad’ and the other of his best friends father and mentor, ‘rich dad’. He presents their case of two very different dads, with two very different perspectives of viewing money, investing and employment. This is totally relatable and will break a lot of myths and misconceptions about money. A total mind-shift that will challenge and change they the way you think about money and investing.

This book is an investment classic that everyone must read. It is the go-to book that must always be in yourself within arms reach in your self. If you haven’t read it yet, get yourself a copy today.

Purchase: Amazon | Jumia.co.ke | Audiobook


Runner Up, Best Overall

The Intelligent Investor by Benjamin Graham

The most influential book investment book of all time and commonly known as the value investors bible.

If you are to read only one investment book in your entire life, then let it be The Intelligent Investor by Benjamin Graham. Benjamin Graham is popularly called the ‘Godfather of Value Investing’ for good reason. In this books, he lays down the foundation in layman terms by providing us with a sound approach to investments in a simplistic way. He addresses inflation, portfolio management, market fluctuation, stock selection and other advanced finance subjects.

This book may be tougher read for most people but is enlightening and full of very useful information geared for towards those who have interest in the stock market and investing.

Purchase: Amazon | Jumia.co.ke | Audiobook 

 


 The Best Books About How to Get Rich

The Automatic Millionaire by David Bach

A great book that sold over 1.5 million copies in 2004 and charting for 31 weeks on the New York Times Bestseller List.

The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich, is an amazing book that delivers the one-step process to finish rich with one promise. This book is immensely popular and ideal for teenagers and young adults who are just starting to manage their own money.

 

Purchase: Amazon | Audiobook 


The Best Book About Retirement Investing

The Millionaire Next Door by Thomas J. Stanley and William D. Danko

A 1996 book that compiles years of research profiling people who have already become millionaires.

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy breaks the common preconceived notion that wealthy people live lavish lifestyles. While actually, they may be the person next door – living below their means and investing well. If you like lists, then you will like this book as it looks at the seven most common traits among people who have accumulated wealth. The book also covers the fundamentals of personal finance with simple instructions to help you develop good habits.

Purchase: Amazon | Audiobook 

 

 


 The Best Book About Beating Debt

The Total Money Makeover by Dave Ramsey

It is New York Times Bestseller and also a collection of Dave Ramsey’s adivce put together in seven simple steps.

The Total Money Makeover by Dave Ramsey is the book that all people in knee deep in debt need. Dave Ramsey doesn’t mince his words and provides a no-nonsense approach to money matters with a brutally honest punch. His directness is what you need to whip out the bad habits and change your life for the better. This book is the ultimate guide to saving, starting an emergency fund, investing, getting out of debt and reaching financial prosperity.

Purchase: Amazon | Audiobook 

 

 


The Best Book About Age Old Principles

The Richest Man in Babylon by George S. Clason

This collection of work used to be handed out in pamphlets to consumers by insurance companies back in 1926 but, now this 92-page read was revised and published in 2010.

The Richest Man in Babylon is a classic financial literature and one of the most educational personal finance books out there. This book is basically a collection of parables about financial success and failures that date back to ancient Babylon. The logic behind using these ancient principles is that, if they worked for our forefathers, then they’ll work for us too. The Richest Man in Babylon covers topics such as saving, giving and many other lessons delivered in a fun way. Though it reads like a work of fiction it covers both personal finance and business considerations.

Purchase: Amazon | Jumia | Audiobook

 


The Best Book For the Diligent Investor

The Investment Answer by Daniel Goldie and Gordon Murray

A #1 Ney York bestselling book for individual investors.

The Investment Answer,  Learn to Manage Your Money & Protect Your Financial Future by Daniel Goldie and Gordon Murray is a great guide to guide your decision making as a diligent investor. This book gives a general guide to capitalizing by concentrating on five basic decisions every investor has to make.

Purchase: Amazon | Audiobook

 

 


Meanwhile, You can click on the following links to read more about financial planning

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Irene Makanga
Irene has an MBA in Finance and is an avid businesswoman, passionate about financial literacy.

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