BEST PERSONAL FINANCE BOOKS FOR MILLENNIALS

As you grow older or begin your journey into the ‘real world’, you are faced with reality. You realize that dreams are different form reality. 

To solve this problem, financial literacy is important. 

If you don’t have any personal finance books in your collection, it’s time to own one. We’ve made a list, check it out.

  

1.     Rich Dad Poor Dad-Robert Kiyosaki

This must-read book is a gem. It is a memoir with lessons attached. It emphasizes the difference between assets (things that generate cash flow) and liabilities (things that don’t). It’s relatable, easy to read and most importantly, inspiring.

Robert Kiyosaki used two very clear polar examples – ‘Rich Dad’ and ‘Poor Dad’ – and broke down the differences between them.

2.   Refinery29 Money Diaries-Lindsey Stanberry

Refinery29 takes the best of the Money Diaries feature and organizes it into a lovely book. You get to read about people of all ages, ethnicities, locations, careers, etc., and their relationships with money.

A money diary is simple: Note your income and monthly expenses, record every dollar you spend for a week (or a month or whatever), and take a look at how those numbers are affecting your life.

This is a great, all-encompassing personal finance book for young people.

3.     The Behavior Gap-Carl Richards

This is a book about investing. Carl Richards talks about bad decisions people tend to make when it comes to investing, especially when they follow crowd mentality. It’s best for investors at all levels, from beginner to expert

  

4.     Happy Go Money-Melissa Leong

This is a fun personal finance/self-help combo. Happy Go Money teaches us how to find joy with money. Using humor and kindness, Leong shares a lovely starter guide to living a happier life with a better relationship to your money. 

 5.     The Rules of Wealth-Richard Templar

If you prefer a straight-to-the point, concise and good advice personal finance book, this is the one.

It’s an ethical book dedicated to teaching you how to generate more money, handle it more wisely, grow it and also the importance of staying humble and giving to charity.

To move forward and become successful, you need to reprogram your mind about money. You can begin by reading books on personal finance. You’ll need the knowledge to help you get it right.