Editorial

These 5 Books Will Help You with Personal Finance

Along with eating healthy, and hitting the gym, sticking to a budget and saving money are two of the most common New Year’s resolution. And it makes perfect sense as well. How? Well, if you really think about it, people usually spend their life dealing with bills, loans, and rent. And during all this, they often forget about planning for retirement or building an emergency fund.

Also, everyone knows how frustrating finance can be with its complex mathematical formulas and complicated terminologies. It can make you feel a bit overwhelming. But there is nothing to worry about! There are some established authors who have written books on personal finance that can guide you when it comes to taking care of your finances. Some of which are also available online so you can use your Cox internet deals to read them easily on a mobile or a tablet.

Let’s discuss the top 5 picks listed below.

#1. Why Didn’t They Teach Me This In School

There are some things that aren’t taught in school that should have and money is one of them. To be more precise, how to handle personal finances is something that every person needs to know. And Carry Siegel agrees with this which is the reason why he wrote the book, “Why Didn’t They Teach Me This In School”. This book is divided into eight money lessons and 99 principles that you should have known by the college but sadly didn’t. Siegel originally wrote this book for his five children after realizing that they haven’t learned about the important principles of personal finance before entering the professional world. However, it grew to be really successful. This book is ideal for grads or for anyone who wants to start their personal finance journey the right way.

#2. Rich Dad Poor Dad

This one’s a classic! Authored by Robert Kiyosaki, “Rich Dad Poor Dad” is easily one of the most popular books on personal finance. In this masterpiece, the author talks about the lessons he learned from his father and the father of his friend, the latter of which is a “rich dad”. The lessons included in this book are about how schools will never teach your kids about personal finance and how you don’t really need to make a killing in order to become wealthy. There’s a 20th-anniversary edition of the book as well in which the author includes an update on all things money and investing. He also talks about the economy.

#3. The Total Money Makeover

Debt management is something people should know how to do. After all, it is a big part of your personal finances. But if you don’t know how to manage your debts then let Dave Ramsey help you out in that regard. He wrote a book entitled, ‘The Total Money Makeover” which would not only aid you in getting out of debt but will also help you improve your financial picture. He will also give you some useful insights about using credit and cash advances. But that’s not all! In this book, he will also guide you on you can start your emergency fund and also how you can save for retirement and college.

#4. Broke Millennial

Can you decipher #GYFLT? If yes, then this book is for you! If you are curious what #GYFLT means then it stands for “Get Your Financial Life Together”. Written by Erin Lowry, “Broke Millennial” is the perfect book for you if you want to know how to control your personal finances. This book addresses some of the biggest money challenges that millennials often face including managing student loans and understanding your relationship with money.

Conclusion

It is really important to take care of your personal finances and the aforementioned books will help you out with that. If you don’t really like physical books then you will be happy to know that they are available online in an e-book format. So, have you read any one of these books before, and if not then which one are you eager to try first? Let us know in the comments below.

Happy reading!

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