Best Personal Finance Books to Read in 2024

With a new year comes new beginnings. While 2024 is still young and fresh, many people are looking forward to kickstarting their resolutions a few months away from the first of January. And for many, one of the top pursuits is the one for financial success. When it comes to handling financials, having a strategic plan is crucial. We have curated a list of must-read books that will definitely help you achieve your financial goals.

 

The Total Money Makeover

Dave Ramsey

Ramsey’s timeless classic is a definite staple that you will find on the bookshelves of a lot of finance giants. The book serves as a roadmap to the achievement of financial independence through a proven snowball method for debt reduction — a Ramsey original. The practical approach to debt reduction as well as the clear, outlined plan has turned this book into a game-changer. One of the Must-read personal finance books of alltime that will undoubtedly provide a fresh perspective on your goals and the rewards you acquire through achieving these goals.

I will Teach you to be Rich

Ramit Sethi

A highly recommended personal finance book, especially for people aged between 20 and 30, Sethi’s no-nonsense approach to personal financing and money goals is both refreshing and effective. Focusing on the 4 main foundations of personal finance, banking, saving, investing, and budgeting, this book serves as a step-by-step guide to financial success, from optimizing your credit cards to automating your finances, truly the book to get actionable strategies for building wealth for millennials. 

Rich Dad, Poor Dad

Robert T. Kiyosaki

A Best-Selling Personal Finance Books and a perennial favorite, Kiyosaki’s personal finance book with a creative twist to it cover almost every aspect one has to learn about personal finance and finance goals. The book follows the financial lives of two fathers– A well-educated dad with mounds of certificates and qualifications and a high-school dropout. While the educated dad left piles of debt for his son after he died, the dropout handed over an entire business empire to his son. Through this practical example, the book highlights valuable inputs on investing, entrepreneurship, and financial independence.

Your Money or Your Life

Vicki Robin

A groundbreaker in personal finance books, this book challenges the notion of the amount of money being equivalent to the measure of our happiness. This book teaches you how to organize your life to match your ideals. By targeting the concept of materialism, the one thing that ruins our money as well as the planet’s resources, it encourages readers to align their spending habits with their values. The book outlines a nine-step program that will undoubtedly serve as a path for you to achieve financial freedom.