Personal Finance Books That Can Make You a Money Magnet (And a Magnet for Many Beggars Who Wants Some)

Let’s face it: if you're like me, you probably started with dreams of becoming the next financial guru, so you picked up as many personal finance books as you could, not having any clue on what you're reading. I've read so many personal finance books, I felt I could have started my own school on the topic (I feel like I still can). But with the many books I've read, I can break it down to the top personal finance books that have changed my life and have made me a money magnet (that likes to laugh to the bank of course). Without further delay, let's get started!

“Rich Dad Poor Dad” by Robert Kiyosaki

 Robert Kiyosaki (Rich Dad Poor Dad) offers personal finance education to help you learn about cash flow, real estate, investing, and business building. This book is the catalyst of me learning the difference between assets and liabilities. And boy did I learn! Suddenly I became the person that would just part pointing at houses and cars and started to educate people on how one can help you pay your bills and the other can help you lose your mind trying to pay that bill! If you want to learn the difference between assets and liabilities yourself, how to create investments and how to be an entrepreneur, this is the book for you!

"The Science of Getting Rich" by Walter D. Wattles

Walter D. Wattles The Science of Getting Rich highlights the importance of visualizing and having positive thinking. Imagine a world where getting rich is as easy as driving. In The Science of Getting Rich, Wattles hands you a GPS map for wealth. He argues that all you need is to drive to positive thinking street, turn right on creative visualization avenue, and keep straight on “act like you’re already rich” blvd—because who wouldn’t want to wear sunglasses on the beach sipping pina colada being fed grapes by your butler? (Or in my case, my husband)

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

This book "The Millionaire Next Door” let me know that millionaires didn't have to live the lavish luxury life that's always promoted on TV. Sometimes that can just be next-door neighbors! Now when I see someone driving an old pick-up truck, I always assume they are a millionaire, and they are hiding a secret fortune. (I have now become a detective trying to find out.)

"The Richest Man in Babylon" by George Samuel Clason

The Richest Man in Babylon is a 1926 book by George S. Clason that dispenses financial advice through a collection of parables set 4,097 years earlier."The Richest Man in Babylon" is like a self-help book set in ancient times, where wise old Babylonians drop financial wisdom while sipping on their clay mugs.The main character, Arkad, starts as a poor scribe but discovers the magic of saving and investing. He teaches his friends that if you want to get rich, you should spend less than you earn, save a little, and make your money work for you—like a diligent worker bee, but with gold coins instead of honey.

"The Intelligent Investor" by Benjamin Graham

The "Intelligent Investor" is like Benjamin Graham’s guide to the stock market, wrapped in a time capsule from the '40s, where “buy low, sell high” is the mantra, and “fear and greed” are the ultimate frenemies. Graham serves up wisdom like your favorite grandpa, that keeps reminding you that investing is not a lottery but more like a marathon—preferably one where you don’t trip over your own shoelaces. (I'm assuming you do know how to tie your shoelaces)

Wrapping it up

These personal finance books not only made me a money magnet but also turned me into the go-to financial expert among my friends and family. Who knew reading could lead to such financial success? So, if you’re ready to transform your money game and leave your friends wondering how you did it, dive into these books and start your own journey!

Call to Action

 Have you read any of these books? What financial tips have worked wonders for you? Drop a comment below and let’s chat!