As a woman in this day and age, there is ample opportunity to not only earn money, but to make your money work for you. However, many of us are frightened by even the thought of money and taking risks because we a) don’t understand how to do it or b) are scared we’ll mess something up.
Don’t worry, you’re not the only one in this situation. Luckily, there are many resources to help you level up your understanding when it comes to personal finance — from blogs to social media accounts to books.
You may have come across many of these resources before but felt overwhelmed because you didn’t know where to start or what resources would be the most helpful for your situation and knowledge level. To smoothen out this process, Annuity.org compiled a list of personal finance books to help you get on your way, ranging from topics on investing, budgeting, and more.
Books on Investing and Building Wealth
Investing — whether in stocks, real estate, or something else — can be a tricky topic to discuss and learn about. However, after reading the following books you’ll be on your way to investing like a pro (or semi-pro) and building the wealth you never knew you could have. Here are a few of the best books to read in order to learn about investing and building wealth:
- The Bogleheads’ Guide to Investing by Matt Lindauer, Taylor Larimore, Michael LeBoeuf and John C. Bogle
- A Random Walk Down Wall Street by Burton G. Malkiel
- The Book on Rental Property Investing by Brandon Turner
- Everyday Millionaires by Chris Hogan
- The Simple Path to Wealth by JL Collins
- Rich Dad Poor Dad by Robert Kiyosaki
Books on Planning for Retirement and Budgeting
Retirement planning can be one of the most stressful aspects of personal finance. If you want to retire prepared and have the money you need to thrive in those non-working years, it’s essential that you begin taking steps to learn about it now. On a similar note, learning how to start and stick to a budget can help you reach your retirement goals, but also your other financial goals like purchasing a home or putting money away for your child’s college education. If you’re wanting to learn more about preparing for retirement or creating a budget, read these books:
- How Much Money Do I Need to Retire? By Todd Tresidder
- How to Make Your Money Last by Jane Bryant Quinn
- Ageproof by Jean Chatzky and Michael F. Roizen
- The Financial Diet by Chelsea Fagan
- How to Manage Your Money When you Don’t Have Any by Erik Wecks
- The One Week Budget by Tiffany Aliche
While these personal finance books won’t make you a money guru overnight, they can help you understand difficult concepts and answer questions you may not have known you had. By gaining better financial knowledge, you’ll relieve some financial stress while also setting yourself up for greater success.