Here are some of our favorite books and resources we’ve found useful. Some focus more on the the “how-to” vs. the “why”, and others provide motivation and consideration to take action. Whatever you’re looking for, you might find something interesting – just carefully reflect before making any decision.
I Will Teach You To Be Rich by Ramit Sethi
Perhaps my favorite “nuts & bolts” read and one of the most entertaining, I Will Teach You To Be Rich contains lots of great information. With various “hacks” and scripts to more detailed sections, you can read this front-to-back and not feel like you’re studying. While primarily targeted toward 20 to 35 year-olds, I’ll keep referring to this book for years after I’m 35.
The 4-Hour Workweek by Tim Ferris
Another extremely entertaining read, The 4-Hour Workweek is the blueprint on how to automate and redefine your own lifestyle design. There are countless examples, tips, and step-by-step details on how to increase productivity and how to liberate your time. I found it extremely helpful in many areas of my life – both personal and professional.
The Total Money Makeover by Dave Ramsey
This book made me angry at myself; I knew I could do so much better and stop making excuses. Reviewing Dave’s 7 Baby Steps, I realized some of my priorities were out of whack. Filled with simple, practical examples, this book outlined a process to get me to take action – not just to absorb additional material.
Rich Dad, Poor Dad by Robert T. Kiyosaki
I wish I read this book sooner. Its simple structure and easy to follow concepts are extremely powerful. At the time I first read it, Rich Dad Poor Dad left me wanting to do more, but I also asked myself, “Ok, what do I do now?” There are other books in the Rich Dad Poor Dad series, but I found this – the first – to be the most effective.
The Automatic Millionaire by David Bach
This book made me realize the power of time and compounding in investing. Not as entertaining as some of my other favorite reads (but definitely not boring), the book got me to take action. The content is a bit simplistic and light for my taste, but still quite powerful.
The Millionaire Next Door by Thomas J. Stanley & William D. Danko
Perhaps too stats heavy at times, but that’s what makes this book so eye-opening. The “average” millionaire’s lifestyle is not what you’d expect at all. Extremely researched and detailed, I did read this front-to-back once, but I find myself skimming it now when I occasionally revisit the book.
The Ultimate Financial Plan: Balancing Your Money and Life by Jim Stovall & Tim Maurer
This book is dense. It has an enormous amount of detail around the intersection of money and life. A lot of ground is covered: saving, investing, and insurance, as well as various details on different accounts, products, and strategies. I found it very useful after establishing a foundation from some of the other materials I’ve read first.
Money Master the Game: 7 Simple Steps to Financial Freedom by Tony Robbins
A very motivational read (perhaps too much at times), this book is extensively researched. I found the interviews with a number of famous investors (Warren Buffett, John Bogle, Ray Dalio, and others) to be extremely interesting. Regardless of one’s position on investing, savings, and portfolio allocation, I thought the various perspectives and ideas shared were very diverse.
The Ultimate Dividend Playbook: Income, Insight, and Independence for Today’s Investor by Josh Peters
This book shows an interesting approach to consider leveraging dividend-producing stocks as part of your portfolio. I’m still sticking primarily to passive, index fund investing (vs. picking individual securities), but the book did make a strong case for considering dividends as part of your portfolio strategy. I found this read helpful after having gone through some other books covering the “basics” first.
Balancing Work & Life by Bill Butterworth
A quick and humorous read, I could easily relate to a number of the points raised by the author. Leveraging a unique perspective of the common life is a marathon, not a sprint metaphor, the takeaways are refreshing and easy to apply. I read this nearly 10 years ago and still pick it up from time-to-time.