Best Books on Personal Finance

I’ll break down key points from many of these books  in upcoming posts, but for the  overachievers out there that want to get ahead, here are some of the best books on personal finance for people in their 20s. The links lead you to Amazon.com but in true Beyond Beer Money style,  I’d suggest you head over to the library.

  • Your Money or Your Life – Dominguez & Robin. A class that presents a holistic view of money focusing on simplicity. Great ideas such include how to figure out your real hourly wage (including travel time, miscellaneous expenses- warning: it can be really horrifying). Time is money.
  • Millionaire Next Door – Thomas J. Stanley.  A fascinating study of millionaires and how they earn and spend their money (How much do they spend on suits?  What cars do they buy?). Shatters the myth of millionaire wallpapering their bathrooms with $100 bills by demonstrating they get rich the same way everyone else does – hard work,  understanding their finances, saving, and a little luck.
  • A Million Bucks by Thirty – Alan Corey. Funny (how many personal finance books can you say that about?).  Although Corey’s millions are the result of smart (and somewhat lucky) real estate decisions,  the advice he presents on saving and making smart money choices are timeless. Also, any man who starts out  eating nothing but Ramen for an extended period of time and living in the Spanish Harlem  and ends up a millionaire is doing something right.
  • Millionaire by Thirty – Douglas Andrew. Includes fairly  unconventional advice about buying a home early with no down payment and investing in life insurance to build assets tax free.  Interesting book written by 2 brothers that built net worths over $1.5 million before their 30th birthday.


Did I miss something good? Write me and tell me.

Advertisements

Leave a comment

Filed under Financial Resources

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s