Research shows that 88% of wealthy people spend at least 30 minutes a day reading. If that is one of the factors that helped them become rich, so can you.
Below, we’ve put together the 10 best books of all time on personal finance and getting rich that you need to read to become rich and successful in 2019.
1. “Think and Grow Rich” – Napoleon Hill (Think and Grow Rich)
Journalist Napoleon Hill studied more than 500 self-made millionaires, including Andrew Carnegie, Henry Ford and Charles M. Schwab, before releasing this bestseller in 1937.
Hill’s timeless classics on personal finance will help you understand that getting rich is more about thinking than anything else. In fact, he barely mentions words like ‘money’, ‘wealth’, or ‘finance’. Instead, Hill explains the psychological barriers that keep many people from working. wealth building – and teaches you how to start thinking for success.
2. “Business Adventures” – John Brooks (adventures in business)
Rich people tend to believe that starting a business is the fastest way to make money. This book, recommended by self-made billionaires like Bill Gates and Warren Buffett, will teach you how to do just that… but not the way a regular business book does.
“Unlike many business authors today, Brooks does not mention the” how-to “lessons or a sketchy explanation of success,” explains Gates. “You won’t find list articles in this book. Instead, Brooks wrote long writings that delved into one subject, introduced a few typical characters and showed how things apply to them.
Despite a lot of changes in the business world since the 1960s, Gates says the fundamentals of building a strong business remain the same, plus insights about business. Brooks’ business is still valuable to this day.
3. “The Little Book of Common Sense Investing” – John C. Bogle (The Small Book of Conventional Investment Strategy)
One of the most effective ways to build wealth is to invest if you do it correctly.
Bogle, founder of Vanguard Group and creator of the world’s first index fund, details the simplest and most effective investment strategy: Invest in low-cost index funds .
Legendary investor Warren Buffett also says that every investor, big or small, should read this book.
4. “The Essays of Warren Buffett” – Warren Buffett andLawrence A. Cunningham (Investment lessons from Warren Buffett)
The 700-page book provides a clearer picture of Buffett’s philosophies on business, investing and life shared by the “Prophet of Omaha” himself.
5. “Tools of Titans” – Tim Ferriss (Tools of Titans)
How to become a billionaire? The latest book by best-selling author Tim Ferriss explores the schedules and daily routines of celebrities, professional athletes, hedge fund managers and other successful people who will show you how to get there.
Ferriss interviewed and studied the lifestyles of more than 200 people rated the best in the world and drew on the habits that were common in them. If you want to reach the peak of success and wealth, this is definitely a rich book that you cannot ignore in 2019.
6. “The Richest Man in Babylon” by George S. Clason
Nearly a century ago, Clason revealed the secret to becoming rich in classic personal finance work published in 1926.
In fact, that secret is no big deal. All you need to get rich is mastering a few simple concepts, such as paying yourself up front and living your income, which Clason preaches through a collection. humorous fables.
Even though it has been around for nearly a hundred years, this book is still rated as one of the best enrichment books of all time.
7. “Rich Dad Poor Dad” – Robert Kiyosaki (Rich Dad, Poor Father)
In this best-seller enrichment book, Kiyosaki dispels the outdated notion that you need to make a lot of money to get rich. By telling the story of two fathers – his own and his best friend’s – he shows how to build wealth even for a modest salary.
Additionally, Kiyosaki challenges the popular belief that your home is an asset. He also elaborates on the difference between how rich and ordinary people choose to make money and emphasizes the important difference between assets and liabilities.
8. “The Automatic Millionaire” – David Bach (Automatic Millionaire)
Self-made millionaire and financial advisor David Bach points to some of the common myths about money in his best-selling get-rich book.
According to the author you don’t need a budget, you don’t need to make a lot of money, and you don’t even need a strong will to amass a fortune. However, you need to have a specific plan to achieve that. The book offers immortal principles that will get you started on the road to wealth within an hour.
9. “Be Obsessed or Be Average” – Grant Cardone (Obsessed or mediocre)
As Siebold says, to get rich, you have to learn from the rich. Self-made millionaire Grant Cardone, who has built five multi-million dollar companies and fortunes, has extensive experience in money management and investing.
In this best-selling author’s latest rich-making book, he emphasizes that if you want to be truly rich, you must have a desire, a strong focus, and even an obsession with money.
Cardone offers some conflicting advice – he doesn’t encourage popular wealth strategies like investing in a 401 (k) plan (a form of an American pension fund) or buying a home. The wealth-building strategies Cardone shares in this book have helped him go from his 25-year-old failures to his first million at the age of 30.
10. “The Power of Broke” – Daymond John (The power of confusion)
Shark Tank investor and entrepreneur Daymond John have turned $ 40 into a $ 6 billion brand – FUBU. On his way to start a business, he was rejected and lost many times.
But going bankrupt offers at least one big advantage: It highlights creativity and cutting edge solutions, he explains in his wealth-teaching book.
John advises not to throw away your chances of wealth and success just because you have too little money. Use it as an advantage.
