Photo: courtesy of the Retailers Welcome to Reading Lists, comprehensive book guides from the Strategist designed to make you an expert in hyperspecific or newsworthy topics, from microdosing and psychedelic therapy to French cooking. Here, a selection of books on personal finance to help you get out of debt, design a budget, and make smart investments.
Best books for beginners Broke Millennial: Stop Scraping By and Get Your Financial Life Together, by Erin Lowry $12 If you feel clueless about budgeting or overwhelmed by student loans and other expenses, Broke Millennial by personal finance expert Erin Lowry came recommended by five of our experts as the best place to start. The book is aimed at 20- and 30-somethings who are dealing with both paying off debt and beginning to plan for the future.
$12 at Amazon Buy $12 at Amazon Buy Best books for achieving financial independence Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence, by Vicki Robin & Joe Dominguez $14 Recommended by four of our experts, Your Money or Your Life encourages readers to take a step back and think about the their ultimate goals and how much money they’ll need to get there.
$19 at Amazon Buy $19 at Amazon Buy Best books on developing good money habits Smart Women Finish Rich, by David Bach $11 If you’ve heard the advice that if you simply cut out buying a cup of coffee per day you could save more than $1,000 in a year, you’re already familiar with author and financial expert David Bach’s signature “latte factor.
$12 at Amazon Buy $12 at Amazon Buy The Power of Habit: Why We Do What We Do in Life and Business, by Charles Duhigg $13 In the same vein as Nudge, journalist Charles Duhigg’s book examines what habits are, how they’re formed, and how we can leverage that knowledge to build habits that’ll benefit us in the long run.
$15 at Amazon Buy $15 at Amazon Buy Best books on investing The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, by John C. Bogle $16 $16 at Amazon Buy $16 at Amazon Buy The Bogleheads’ Guide to Investing, by Mel Lindauer, Taylor Larimore, and Michael LeBoeuf $20 $20 at Amazon Buy $20 at Amazon Buy According to Holeman, “Jack Bogle, the founder of Vanguard, made history with the first index fund.