If you’re looking to supplement your summer reading list with a bit more personal finance knowledge, we’ve got some great finance reads for you.
From Babylonian parables to behavioral science findings or following your next-door neighbor, each book has a fun and interesting take on managing your money.
So, go ahead and load up that summer reading list for those balmy beach days ahead!
The Richest Man in Babylon, George S. Clason
A true classic, the richest man in Babylon uses ancient Babylonian parables to teach you about thriftiness, financial planning and personal wealth. It’s a simple, informative and entertaining way to get answers to your most common financial problems.
Barefoot Investor, Scott Pape
The Barefoot Investor will show you how to create a simple financial plan and is full of real stories from everyday Aussies. It goes over a range of topics from saving a house deposit, your retirement strategy and how to pass money along to your children. Written by Australian financial advisor and Herald Sun columnist Scott Pape, this book offers practical tips for anyone to execute.
The Millionaire Next Door, Thomas J. Stanley Ph.D.
This book explores the seven common qualities of people with a new worth of at least $1 million. Stanley spent 20 years interviewing America’s wealthy, and discovers that the habits of many millionaires look quite different to how we might have imagined. He dispels the myth that wealth has to be inherited or exists only in white-collar neighborhoods, and shows you how you can become the millionaire next door too.
Rich Dad, Poor Dad, Robert T. Kiyosaki
Celebrating 20 years as the #1 personal finance book of all time, Rich Dad, Poor Dad is as relevant today as it was 20 years ago. Kiyosaki shares the financial lessons learned growing up with two dads – his real father and his best friend’s father – his rich dad. The book challenges the idea that you need to earn a lot of money to be rich and teaches you how to make your money work for you rather than the other way around.
Happy Money: The Science of Happier Spending, Elizabeth Dunn
Written by two behavioural science professors, Happy Money explains how money can actually buy happiness by using the five core principles of smart spending. From choosing experiences over things to spending money on other people, you’ll learn how to get the biggest happiness bang for your buck.
Tayne’s approach to debt is different to most, as she teaches you to love and embrace your debt. It’s an interesting take that teaches you to manage and take on debt that makes sense for your life. Geared towards people going through major life transitions such as marriage, divorce and retirement, this book has a refreshing outlook on managing your debt.
While books can be fantastic resources for managing your finances, sometimes you need a little more assistance. If you’re not sure how to get back on track, we’re here to help! Give one of our friendly team members a call today on 1300 368 322. Financial freedom is within your reach.