Fact 1: It is important to be financially independent. Fact 2: It is equally important to understand the art of managing your finances well. And if you hadn’t taken the fact seriously until now, we bet the pandemic, and the uncertainty which ensued, has compelled you to change your mind, and take stalk of every penny you earn and invest. Here are five books, which will prove to be food for thought.
1. Rich Dad Poor Dad by Robert Kiyosaki
This book is testimony to the fact that life experiences are the biggest teachers. Kiyosaki charts out what he learnt about money from the two dads in his life — one, his not-so-rich father, and second, his friend’s wealthy dad. It brings to the fore how little we are taught about financial planning when young, and how it can affect the decisions you make.
2. I Will Teach You To Be Rich by Ramit Sethi
There is no denying that the world of financial planning may seem daunting for someone who is starting out. But what if you had a force guiding you? Financial expert Ramit Sethi takes his readers through simple ways of managing money with the end goal of proving that you may not be a financial expert, but what matters is how you learn along the way and implement your knowledge.
3. The Automatic Millionaire: David Bach
Straightforward is probably one of the most significant qualities of the book. It starts off with Bach introducing a couple to its readers who earn modestly but own two mortgage-free homes and have also managed to save up for their retirement. With a simple one-step process, Bach explains how you can find yourselves in their shoes.
4. You Are A Badass At Making Money by Jen Sincero
Sincero takes readers through her life and financial journey to enable them to better understand the dos and don’ts that come with managing money. It’s candid and funny, and we bet, you will see yourself in many of those pages. Her aim? To help you start afresh.
5. Secrets of Six Figure Women: Surprising Strategies of the Successful High Earners by Barbara Stanny
What’s better than learning from the pros? Stanny interviewed various high-earning women from various professional backgrounds and concluded that they have certain characteristics in common. She put together her findings and the interviews in this guide for women to turn to when looking for some inspiration.