Personal finance books reviews

finance books reviews
Personal finance is a topic that many people are interested in, especially in times of uncertainty and change. Whether you want to save more money, invest wisely, pay off debt, or achieve financial freedom, there are books that can help you learn and apply the best practices. In this article, I will review three personal finance books that I have read and found useful.


The Richest Man in Babylon by George S. Clason

This is a classic book that teaches the timeless principles of wealth creation and preservation through a series of parables set in ancient Babylon. The book covers topics such as saving 10% of your income, investing in profitable ventures, avoiding debt, seeking advice from experts, and increasing your ability to earn. The book is easy to read and understand, and the stories are engaging and memorable. I recommend this book to anyone who wants to learn the basics of personal finance and start building their wealth.

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

This book is based on extensive research on the habits and characteristics of millionaires in America. The authors debunk the common myths and stereotypes about millionaires, such as they live in lavish mansions, drive expensive cars, and spend extravagantly. Instead, they reveal that most millionaires are frugal, hard-working, self-made, and live below their means. The book also provides insights on how to increase your net worth, avoid lifestyle inflation, and pass on wealth to your children. I recommend this book to anyone who wants to learn the secrets of the wealthy and adopt their mindset and behavior.

Rich Dad Poor Dad by Robert T. Kiyosaki

This book is a personal memoir and a financial education guide by the author, who contrasts the different lessons he learned from his two fathers: his biological father who was well-educated but poor, and his best friend's father who was a high school dropout but rich. The book challenges the conventional wisdom of working for money and saving for retirement, and instead advocates creating passive income streams through investing in assets such as real estate, businesses, and stocks. The book also explains the difference between assets and liabilities, and why financial literacy is essential for financial success. I recommend this book to anyone who wants to change their perspective on money and achieve financial independence.

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