3. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence, by Vicki Robin & Joe Dominguez
Have you ever asked yourself why you’re saving so much money and working so hard? If you haven’t, then now is a good time to ask yourself.
Why would you ask yourself such a seemingly obvious question? The answer is because most people never ask themselves why they’re doing what they are.
Most people go with the flow and try to keep what they think is a steady rhythm in their lives. The problem with that is, it’s easy to glare over your mistakes when you’re not paying attention to what you do every day.
So many people are on autopilot for years, if not decades of their lives and that’s not good. Sometimes you need to ask yourself what your motivation to succeed is because if you don’t have one, that could explain why you’re stuck in a rut.
2. The Total Money Makeover: A Proven Plan for Financial Fitness, by Dave Ramsey
If you’re looking for a simple, easy to follow guide on how to manage your money, then Dave Ramsey has the answer for you. You’re not going to find any complicated stuff here or crazy gimmicks to try to get you to cut corners.
The nine steps he lays out are things that everyone can do. Anyone who is looking to improve their financial future should read this book. You know Dave from his radio show, and you also know he’s serious when it comes to personal finances.
Every young person and even those with a few years under their belt should read this book. It’s a great entry-level read that will guide you in the right direction.
1. Broke Millennial: Stop Scraping By and Get Your Financial Life Together, by Erin Lowry
Erin Lowry has put together a book that’s geared towards young people. If you’re under 30, it can feel like the financial world has left you behind. No one talks to young people these days when it comes to how they should save and plan for retirement.
Erin does just that, and it’s a book that every person should read who is just starting adulthood. You weren’t taught this stuff in school, and your parents are a product of an outdated system. Everything you read in this book will go a long way in helping you become financially stable.
It’s not easy for millennials to get ahead in today’s world. If you’re a young person, then you know how bleak your future is. Now is the time for you to take life by the horns and do something to better yourself.
Educate Yourself and Learn How to Make the Most out of Your Money
Reading is a normal part of living a healthy adult life. Sometimes reading about finances can be a little boring, but these books are easy to read. You’ll learn invaluable information, and it will help guide you for the rest of your life.
You must take your financial future seriously since no one else is going to. The only person who has an interest in the outcome of your finances is you, and that’s why you need to educate yourself about them.