7 Best Finance Books to Build Wealth the Smart Way This Year

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Wondering how to manage your personal finances? If you’re also lost on the subject of managing your assets, investments, and other monetary resources, finance books can be a great help. Written by experts and scholars, these books teach you various strategies, offer advice, and talk about the pool of mistakes investors make, in general. If you want to know all about the rules of investing and accumulating wealth, here are some of the best finance books on the subject. Whether you are a beginner or someone who is looking for ways to improve your finances, this list has it all covered for you.

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7 Best Finance Books to Manage Your Money

Think & Grow Rich by Napoleon Hill

Best Finance Books
Think & Grow Rich by Napoleon Hill

One of the best finance books for youngsters and beginners, Think and Grow Rich emphasises the power of thinking. This book teaches how to create actionable plans that lead to success. While it talks about how to increase wealth, it also sheds light on how you can achieve peace of mind and accumulate mental well-being just by thinking about it.

Along with being one of the most prominent books on personal finance, it can also be read like a motivational book that presents the importance of material and mental wealth.

You can also have a look at these amazing list of best biography books & business books in India.

The Intelligent Investor by Benjamin Graham

The Intelligent Investor Finance Book
The Intelligent Investor by Benjamin Graham

This book by Benjamin Graham lists some common errors that investors make while investing their money. Besides this, it also teaches various strategies that can help you while making long-term investments. All these strategies have been developed carefully to make investing a much simpler and low-risk process. These teachings, when applied to day-to-day activities, can yield excellent results.

This book has numerous wisdom quotes that are likely to change your perspective on saving money.

The Total Money Makeover by Dave Ramsey

The Total Money Makeover Finance Book
The Total Money Makeover by Dave Ramsey

This book by Dave Ramsey focuses on the central issue of managing personal finance – debts. It helps you understand finances better and formulate a sure shot plan for paying off all kinds of debts. By including 10 risk-bearing money myths, this book ensures that you get a reservoir of ample funds for emergencies and contingencies without hampering your daily life spending.Also, you can check best non-fiction books & the list of top Indian novels.

This book enables you to practice all the principles of financial stability, and has proved to be one of the best finance books for amateur businessmen.

The Richest Man in Babylon by George S. Clayson

The Richest Man in Babylon Fianance Book
The Richest Man in Babylon by George S. Clayson

This book on financial wisdom by George S. Clayson emphasises that you have the right to keep a part of your earnings as your own. It highlights the importance of saving money from what you earn and specifies the essential practices to become wealthier. With the help of small Babylonian parables, it also sheds light on manifesting good fortune and discusses the laws of gold.

A contemporary masterpiece on financial literacy, this book lists various age-old principles charted by the Babylonians that still hold true.

The Psychology of Money by Morgan Housel

The Psychology of Money Finance Book
The Psychology of Money by Morgan Housel

This book by Morgan Housel provides timeless lessons on increasing wealth and happiness. It is an anthology of 19 short stories that explore how people manage to earn and invest money, and teaches readers the easy ways to make the most savings. The stories emphasise that good decisions do not involve a lot of mathematical calculation. Instead, they require a personal and unique view of how the future could look like.

One of the best finance books for students, it tells how people around the world think of strange methods to save money and offers readers the freedom of creating their own ways for their benefit.

The Millionaire Next Door by Thomas J. Stanley

The Millionaire Next Door Finance Book
The Millionaire Next Door by Thomas J. Stanley

This book by J. Stanley builds on the American psychology of making wealth. It has a simple, easy, and straightforward tone for understanding how rich people in America mix with the general masses. The book mentions seven common traits of wealthy people who follow a simple lifestyle and make diligent savings. This book refrains from going deep into the technicalities of managing wealth and guides readers on taking better financial decisions.

To summarise, this book shatters the notions that ordinary people associate with being wealthy. Instead, it tells how most of the affluent Americans live in clustered middle-class neighbourhoods and don’t enjoy celebrity-like status.

Broke Millennial by Erin Lowry

Broke Millennial Finance Book
Broke Millennial by Erin Lowry

This book is a beginner’s guide that introduces the fundamentals of money-making in a simple language. If you’re often clueless when it comes to investing and doubling up your money, this book must be on your to-be-read list. It is a step-by-step guide on making progress in your finances and leaving the broke-life behind. It gives simple yet valuable advice using hilarious stories that pave a path for every millennial to learn to tackle tricky money matters.

One of the best finance books for most, it is perfect for anyone in their 20s or 30s looking to take a leap forward in managing their finances independently.

List of the Best Finance Books in India With Pricing

Best Finance BooksPrice*
Think & Grow Rich by Napoleon Hill99
The Intelligent Investor by Benjamin Graham494
The Total Money Makeover by Dave Ramsey1361
The Richest Man in Babylon by George S. Clayson99
The Psychology of Money by Morgan Housel295
The Millionaire Next Door by Thomas J. Stanley211
Broke Millennial by Erin Lowry901
*Prices are subject to change

Megha Agarwal
Megha Agarwal

Meet Megha, an avid content creator who joined CashKaro as a Content Analyst in 2022. With a keen interest in technology, she is a reliable source for practical insights. Megha's expertise covers business and industrial supplies, electronic components, home audio, entertainment, major appliances, and washing machines. Her articles effortlessly combine technical know-how with reader-friendly language, delivering valuable insights.

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