Reading books is one of the most useful activities to do in your spare time. If you really care about your financial condition, then reading the best financial books is the right choice. In this article, you will get recommendations for reading books that are suitable for learning to manage finances. Reading various financial capital books is important for you to understand more about financial literacy.
By reading the best financial books in the recommended reading books for this article, you will be more financially literate. Financial literacy is about how wise a person is in managing his finances so as to build the necessary requirements such as emergency funds and pension funds. And also how one plans to take care of insurance, property planning, paying for education, and so on.
So, what are the best financial books to read? Check out the following book recommendations! Robert Kiyosaki said that “everyone who graduates from school is financially illiterate.” So, add these finance books to your reading list to increase your knowledge of financial literacy. The first book that is at the top of the list of recommended reading books is Rich Dad Poor Dad by Robert Kiyosaki. This book is an exciting story in which the author shares his learning stories and experiences from his two fathers, one he calls “poor dad” and the other “rich dad”. In this book, speaker-writer-billionaire Robert Kiyosaki advocates the importance of financial literacy and provides basic rules and principles for achieving financial freedom.
Some of the important points that Kiyosaki teaches in this book include “rich people don’t work for money; they make money work for them”, and “money without financial intelligence will quickly disappear.”
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Financial Services Technology | Financial Services Technology, Second Edition explains how banks and financial institutions use technology and explores how fintech companies are revolutionizing the financial services industry | Check Price |
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The STO Financial Revolution | The book The STO Financial Revolution demystifies Blockchain applications for businesses and provides priceless insight into how companies, investors, and entrepreneurs can effectively utilize Blockchain technology to gain competitive advantage in their specific industry, as well as fundraise utilizing Blockchain. | Check Price |
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The Debt Doctor | This is a thoroughly practical and pragmatic guide for anyone involved in helping people out of debt – and keeping them out of it. Explained in jargon-free terms, it offers a comprehensive manual for every aspect of debt counselling | Check Price |
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The second financial book is Benjamin Graham’s The Intelligent Investor. This book is globally recognized as the best book for understanding value investing, an investment tactic in which investors choose undervalued stocks. Even Investopedia mentions that if physicists have to read Isaac Newton’s book on gravity, investors should read Graham’s book that teaches finance and investing. The key points that Graham teaches in this book include “when analyzing stocks, throw away greed and fear”, and “protect yourself from big losses by diversifying your portfolio”.
Next is a book by George S. Clason, The Richest Man in Babylon. This book was indeed published in 1926. However, its concepts and lessons are still relevant for today’s scenarios. Key points that Clason lays out in this book include “you should always take advice from experts in the field” and “invest the money you save”.
