Need some life changing personal finance books? (2024)

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What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? Check out full interview here. What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? What’s the one personal finance book that had the biggest impact in your life? Want More Great Insights From These Amazing Bloggers? FAQs

23 Personal Finance BloggersAnswer:The Personal Finance BookThat Had The Biggest Impact On My Life

Dear Debt

Mixed Up Money

Clever Girl Finance

Broke Girl Rich

Finance Superhero

Centsibly Rich

Think Save Retire

Hope and Cents

Get Rich Quickish

Frugal Millennial

She Picks Up Pennies

Budgets Are Sexy

Wild Wong

Two Cup House

Kate Saves

Britt and the Benjamins

Physician on Fire

Half Banked

The Green Swan

Smart Woman

Dad is Cheap

My Money Counts

What are the best books on personal finance?

Is it the ones that give you the most information?

Or are the best books the ones that change you a little? I think the best personal finance books are the ones that leave a lasting impact on your life and get you to take action.

One of the great things about getting to interview people last year was finding out what impacted them most. Ask anyone who has made great strides with their finances and they will inevitably refer to one book that made it click.

For everyone it’s different. If you are looking for some of the bestbooks on personal finance here are some that may help you with your money breakthrough from some of the internet’s best personal finance bloggers. Enjoy!

What’s the one personal finance book that had the biggest impact in your life?

I have three favorites, but my #1 isI Will Teach You To Be Rich by fellow blogger Ramit Sethi. That book not only gave actual action-items to do, but it was funny as hell! And I’m all about being entertained while also learning at the same time, haha…

The other two books btw areThe Automatic Millionaire by David Bach, andThe Richest Man in Babylon– a classic – by George S. Clason

Check out the full interview here.

J Money

Budgets Are Sexy

Need some life changing personal finance books? (1)

What’s the one personal finance book that had the biggest impact in your life?

Your Money or Your Lifeby Joe Dominguez. Reading that book made me think of my time differently and how I spent money. For example, I started thinking of my purchases in hours worked. Suddenly a lunch out didn’t seem so good if it was costing 1-2 hours of work.

Check you the full interview here

Grab her book Dear Debt here

Melanie

Dear Debt

Need some life changing personal finance books? (2)

What’s the one personal finance book that had the biggest impact in your life?

The Total Money Makeover by Dave Ramsey – I owe my debt-free journey to that book.

Check out the full interview here.

Alaya

Hope+Cents

Need some life changing personal finance books? (3)

What’s the one personal finance book that had the biggest impact in your life?

The first one I ever read was“The Debt Free Graduate” by Murray Baker. I got it at a grade 12 book fair with intentions of being super money-savvy in university but promptly forgot all of the information the first day of frosh week. I still own it, and it holds a special place in my heart now, even though I didn’t appreciate it back when I needed it most. Sorry, Murray Baker, I wasn’t ready for what you had to offer.

The next one, pretty much everybody cites, butThe Wealthy Barber Returnsis probably my favourite personal finance book. I always thought that investments were untouchable to someone like me who had zero knowledge of stocks, bonds or anything in that world. David Chilton lays it out in a way that’s like having a conversation with a funny friend who just happens to know a lot about how to manage your money. It’s been the most eye-opening book for me so far in terms of lessons I can actually use in real life.

Check out the full interview here

Kate

Kate Saves

Need some life changing personal finance books? (4)

What’s the one personal finance book that had the biggest impact in your life?

Need some life changing personal finance books? (5)
When I was in medical school on a particularly brutal rotation, and not loving life, I wondered if I might rather get rich quick than spend another 40 years in medicine. I sent my Dad, who was pretty money savvy, an article about swing trading. He responded by sending meThe Only Investment Guide You’ll Ever Needby Andrew Tobias.

I read it, forgot about swing trading, and decided I could stick it out in medicine for awhile. Reading that book probably kept me from making a lot of money mistakes later on when I started making real money.

Check out the full interview here.

P.O.F.

Physician On Fire

Need some life changing personal finance books? (6)

What’s the one personal finance book that had the biggest impact in your life?

I’ll have to admit that I only started reading personal finance books after I’d already discovered the world of early retirement. My most recent purchase was Dear Debt. I bought the book directly from the author (hi Melanie!) at FinCon 2016 and read the entire book on my flight home. It was great. If you haven’t already, I’d recommend picking it up.

Check out the full interview here.

Ty

Get Rich Quickish

Need some life changing personal finance books? (7)

What’s the one personal finance book that had the biggest impact in your life?

Garrett:Cashflow Quadrant

Claudia:Think and Grow Rich!

Check out the interview here.

Two Cup House

Two Cup House

Need some life changing personal finance books? (8)

Need some life changing personal finance books? (9)

What’s the one personal finance book that had the biggest impact in your life?

Hands down, Your Money or Your Life. The book can be life changing if you let it.

Check out the full interview here

Amanda

Centsibly Rich

Need some life changing personal finance books? (10)

What’s the one personal finance book that had the biggest impact in your life?

The Total Money Makeover by Dave Ramsey. The debt snowball is brilliant and those quick wins definitely help to keep you motivated as you pay off debt. Dave also does a good job of addressing some of the factors that keep us in debt in the first place – like trying so hard to keep up with “the Joneses” and just be “normal”.

Check out full interview here.

Jen

Frugal Millennial

Need some life changing personal finance books? (11)

What’s the one personal finance book that had the biggest impact in your life?

I haaaaaate to say this but probablyThe Wealthy Barber, if only because it was the first personal finance book I read in high school! More recent, great, impactful reads would beI Will Teach You To Be Richby Ramit Sethi andStop Overthinking Your Money by Preet Banerjee!

Check out the full interview here

Des

Half Banked

Need some life changing personal finance books? (12)

What’s the one personal finance book that had the biggest impact in your life?

I may actually be the worst personal finance blogger in the world, because I have hardly read any (okay, I’ve read none) personal finance books.I really like Million Dollar Women

Check out the full interview here.

Alyssa

Mixed Up Money

Need some life changing personal finance books? (13)

What’s the one personal finance book that had the biggest impact in your life?

Not everyone is a fan, but Dave Ramsey’sTotal Money Makeover. I’m not religious, and I can see why the book might turn some people off, but the financial advice is solid. It made me realize money is more about behavior than math.

Check out the full interview.

Kristin

The Wild Wong

Need some life changing personal finance books? (14)

What’s the one personal finance book that had the biggest impact in your life?

I likeThe Millionaire Next Door. That book proves REAL wealth in this country isn’t necessarily obvious, and the people whom we assume are wealthy, due to the cars they drive and things they display (read: show off), are probably swimming in mountains of debt. There are a lot of millionaires out there that drive regular cars, live in normal homes and shop at traditional stores like Walmart and Target. In truth, that’s why they are rich.

Check out the full interview here.

Steve

Think Save Retire

Need some life changing personal finance books? (15)

What’s the one personal finance book that had the biggest impact in your life?

Hands down the one that changed my view on money and how I think about it was the Secrets of the Millionaire Mind. I was a different persona after reading that.

Andrew

Finance Superhero

Need some life changing personal finance books? (16)

What’s the one personal finance book that had the biggest impact in your life?

I read “Rich Dad, Poor Dad” by Roberty Kiyosaki when I got out of college, and it really made me realize the difference behind the reality of someone’s situation and the one they present to the world. I saw that I could build wealth, but it may mean sacrificing the really nice cars and homes and clothes…and I’m ok with that.

Check out the interview here.

Britt

Britt and the Benjamins

Need some life changing personal finance books? (17)

What’s the one personal finance book that had the biggest impact in your life?

Smart Women Finish Rich by David Bach – hence the blog name, Smart Woman 🙂

Check out the interview here.

Jaymee

Smart Woman

Need some life changing personal finance books? (18)

What’s the one personal finance book that had the biggest impact in your life?

Money Girl’s Smart Moves to Grow Rich by Laura D. Adams. It was the first personal finance book that didn’t feel condescending to me and had a bunch of really clear, actionable steps to start sorting out my finances. I read it years ago, well before I started blogging, and it really inspired me to start paying more attention to where my money was going.

Check out the full interview here.

Mel

Broke Girl RIch

Need some life changing personal finance books? (19)

What’s the one personal finance book that had the biggest impact in your life?

I had a professor in undergrad insist that I read Veblen’sThe Theory of the Leisure Class. I went down swinging that semester. But in hindsight, it was the start of my slow awakening in terms of conspicuous consumption. That same class had me tackleThe Communist Manifesto, some works by the Stoics, and a whole slew of other philosophers. I’m really fascinated by how other people, other cultures, and other societies–both past and present–think about life and work and money. That always makes a stronger impression on me than some of the more prescriptive personal finance books.

Check out the full interview here.

Penny

She Picks Up Pennies

Need some life changing personal finance books? (20)

What’s the one personal finance book that had the biggest impact in your life?

Smart women finish rich by David Bach. This was the first personal finance I book I picked up shortly after I graduated from college and I literally read it to shreds and then had to purchase another copy. It introduced me to concepts I didn’t understand and would ordinarily have never really thought about – retirement savings and what my 401k was, the latte factor and how saving small over time could actually be a big deal. It was an amazing book for young Bola.

Check out the full interview here.

Bola

Clever Girl Finance

Need some life changing personal finance books? (21)

What’s the one personal finance book that had the biggest impact in your life?

Dave Ramsey’s The Total Money Makeover. It was the very first personal finance book that I read. Knowing what I know now I see that some of his stuff is crazy and radical – mostly the stuff about cash. I think a lot of people get turned off because he mixes in religion and angry old man speak in his book and radio show. But at its core it’s all stuff that completely makes sense – spend less than you earn, debt is dumb, get on a budget.

Check out the full interview here.

Vic

Dad is Cheap

Need some life changing personal finance books? (22)

What’s the one personal finance book that had the biggest impact in your life?

Ok I have two! When I was in debt it was Dave Ramsey’s book,The Total Money Makeover. Now that I am out of debt and savings/investing, it’s theMillionaire Next Door.

Check out the full interview here

Pamela

My Money Counts

Need some life changing personal finance books? (23)

What’s the one personal finance book that had the biggest impact in your life?

I don’t read as many personal finance books these days as I used to, more online magazines and blogs. So I’d have to save Rich Dad, Poor Dad. I read this shortly after college and it really opened my eyes to thinking about money differently and helped frame my approach to personal finance as I entered the working world.

Check out the full interview here

JW

The Green Swan

Need some life changing personal finance books? (24)

What about you? Whatdo youthink is the best book on personal finance? Let us know in the comments below so we can all check it out.

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Need some life changing personal finance books? (2024)

FAQs

What is the #1 rule of personal finance? ›

#1 Don't Spend More Than You Make

When your bank balance is looking healthy after payday, it's easy to overspend and not be as careful. However, there are several issues at play that result in people relying on borrowing money, racking up debt and living way beyond their means.

How can I change my life for better financially? ›

7 Money Management Tips to Improve Your Finances
  1. Track your spending to improve your finances. ...
  2. Create a realistic monthly budget. ...
  3. Build up your savings—even if it takes time. ...
  4. Pay your bills on time every month. ...
  5. Cut back on recurring charges. ...
  6. Save up cash to afford big purchases. ...
  7. Start an investment strategy.
Jun 27, 2023

How do I set myself up financially for life? ›

  1. Choose Carefully.
  2. Invest In Yourself.
  3. Plan Your Spending.
  4. Save, Save More, and. Keep Saving.
  5. Put Yourself on a Budget.
  6. Learn to Invest.
  7. Credit Can Be Your Friend. or Enemy.
  8. Nothing is Ever Free.

What is the 1234 financial rule? ›

One simple rule of thumb I tend to adopt is going by the 4-3-2-1 ratios to budgeting. This ratio allocates 40% of your income towards expenses, 30% towards housing, 20% towards savings and investments and 10% towards insurance.

What is the 50/30/20 rule? ›

Do not subtract other amounts that may be withheld or automatically deducted, like health insurance or retirement contributions. Those will become part of your budget. The 50-30-20 rule recommends putting 50% of your money toward needs, 30% toward wants, and 20% toward savings.

What is the #1 finance book? ›

Our top pick in finance books is the acclaimed “I Will Teach You to Be Rich,” a New York Times and Wall Street Journal bestseller now in its second edition. The book is aimed toward those just beginning their financial journeys, such as college graduates and newlyweds, but there are tips and tricks applicable to all.

What is the most sold financial book in the world? ›

Rich Dad, Poor Dad by Robert T. Kiyosaki is the best-selling finance book in the world. It has been translated into several languages and sold in many countries.

What is the best investment book of all time? ›

Best Investment Books
  • The Essays of Warren Buffett : Lessons for Corporate America. ...
  • Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor. ...
  • Beating the Street. ...
  • Security Analysis: Principles and Techniques. ...
  • The Black Swan: The Impact of the Highly Improbable.

How do I go from broke to financially stable? ›

  1. Set Life Goals.
  2. Make a Monthly Budget.
  3. Pay off Credit Cards in Full.
  4. Create Automatic Savings.
  5. Start Investing Now.
  6. Watch Your Credit Score.
  7. Negotiate for Goods and Services.
  8. Get Educated on Financial Issues.

How do I stop being struggling financially? ›

In this article:
  1. Identify the problem.
  2. Make a budget to help you resolve your financial problems.
  3. Lower your expenses.
  4. Pay in cash.
  5. Stop taking on debt to avoid aggravating your financial problems.
  6. Avoid buying new.
  7. Meet with your advisor to discuss your financial problems.
  8. Increase your income.
Jan 29, 2024

How do I stop being financially broke? ›

Use the 50/30/20 Rule: Allocate 50% of your income to needs, 30% to wants, and 20% to savings and debt repayment. Adjusting these percentages to fit your goals can help accelerate your savings. Save Your Raises and Bonuses: Resist the temptation to increase your spending with every raise or bonus.

What are the three C's of personal finance? ›

Character, capital (or collateral), and capacity make up the three C's of credit. Credit history, sufficient finances for repayment, and collateral are all factors in establishing credit.

How much money is considered financially stable? ›

The amount of money needed to be considered financially stable is subjective and depends on a person's individual situation. But generally, having a net worth of $1 million or more can indicate that someone is financially stable or secure and has a good grasp of money management.

How to get financial freedom fast? ›

Here are the ways you can start achieving financial freedom today:
  1. Learn How to Budget.
  2. Get Debt Out of Your Life—For Good.
  3. Set Financial Goals.
  4. Be Smart About Your Career Choice.
  5. Save Money for Emergencies.
  6. Plan for Big Purchases.
  7. Invest for Your Retirement Future.
  8. Look for Ways to Save Money.
Feb 2, 2024

What are my 2 golden rules of personal finance? ›

Pay yourself first (i.e. as soon as you get paid, transfer a little bit of money - it could be $20 - to your savings account before spending anything) Create a budget. Increase your income.

What is Rule 1 investing principles? ›

Warren Buffett and his mentor, Ben Graham, championed Rule #1 for one fundamental reason: minimizing loss. By minimizing losses, even in subpar investments, you increase your chances of finding winning investments over time.

What is the 4 rule personal finance? ›

The 4% rule limits annual withdrawals from your retirement accounts to 4% of the total balance in your first year of retirement. That means if you retire with $1 million saved, you'd take out $40,000. According to the rule, this amount is safe enough that you won't risk running out of money during a 30-year retirement.

What are the 5 basics of personal finance? ›

There's plenty to learn about personal financial topics, but breaking them down can help simplify things. To start expanding your financial literacy, consider these five areas: budgeting, building and improving credit, saving, borrowing and repaying debt, and investing.

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