The 10 Best Personal Finance Books

admin August 23, 2023
Updated 2023/08/23 at 4:48 PM
Best Personal Finance Books

With personal finance books, it becomes easier to handle your personal finances for improved financial health. Some basics of the best personal finance including how to manage and pay off huge debts, why you should consider paying yourself first, developing the right attitude towards savings, and many more.

We have listed the best personal finance books of 2021 to help you get more confident and smarter with your money. It takes a determined mindset to make things happen as regards finances. Get started with the finance books, and your bank account will thank you for it.

1. Rich Dad Poor Dad by Robert Kiyosaki – Best Memoir

You may have come across this book over and over again, yet it is still very relevant in 2021. Despite being around for over two decades, Rich Dad Poor Dad has continued to impact the current generation about money, investing, and the economy.

In the book, Robert Kiyosaki, dished out what he learned as a boy under his father and his friend’s father. Robert’s father is the poor dad in the title while the friend’s father is the rich one. And some of the lessons in the book define assets and liabilities, how you can get rich without necessarily making lots of money, and also some great explanations on why schools do not teach students exactly what they need to know about personal finance.

The book has an update on its 20th anniversary edition on everything relating to the economy, money, and investing. And you can find it on Amazon, Booksamillion, and Walmart.

2. Your Money Or Your Life by Vicki Robin – Best Book For Budgeting

This book has a nine-step plan that would help readers correct their attitude towards money. Vicki Robin’s book has sold over one million copies around the globe. So, whether you’re looking to make more money, build wealth, invest, or you are considering improving your savings through Robin’s signature mindfulness technique, you can get everything you need to be provided in these personal finance books.

The book is available on Amazon and Walmart.

3. Why Didn’t They Teach Me This in School? By Cary Siegel – Best Overall

There is indeed lots of financing that the school environment doesn’t offer. Cary Siegel’s “Why Didn’t They Teach Me This in School?” unveils principles and money lessons that we all missed in school but are very essential to our personal finances.

Siegel is a retired business executive and he broke the book down in lessons and 99 crucial principles. The book was written to help his five kids navigate their personal finances, especially when he realized that they didn’t learn important personal finance principles in school. But the book grew quickly into a fully-reviewed creation on money lessons, and firsthand advice and personal finance experience from Siegel.

Anyone who is looking to step up their personal finance life or who has just finished school can bank on this book to start out on the right note. You’ll find this book on Amazon.

4. The Total Money Makeover by Dave Ramsey – Best For Debt Management

Managing debt is one essential skill that everyone needs to put their personal finance in proper shape. Dave Ramsey’s book – The Total Money Makeover – will help you in that regard. This book is a New York Times bestseller that unveils everything that is needed to get out of debt and improve the finances of everyone while also avoiding common pitfalls such as cash advances, credit, or rent-to-own.

Readers will also discover good advice on how to save for college and retirement, how to kick off their emergency fund, and how to succeed at Ramsey’s famed “Snowball Method” for debt payoff.

You can buy the book on Amazon and Walmart.

5.  The Automatic Millionaire by David Bach – Best For Wealth Building

We all want to be financially free and wealthy. The Automatic Millionaire by David Bach is one of the best personal finance books that guide you into doing exactly that. The book is a Wall Street Journal business, New York Times, USA Today, and Bloomberg Businessweek bestseller. It is an eye-opener for everyone who may have been getting it wrong with their finances.

The book kicks off with the story of a couple who earned a combined annual revenue of $55,000 and were still able to attain their financial goals.  They were able to sponsor their kids all through college, buy two homes for themselves, retire at 55 with a $1 million retirement nest egg! What was their secret?

They were able to put in place a financial system that did not only pay themselves first but is also automated. Bach also has great books to consider such as “Start Late, Finish Rich,” “Smart Women Finish Rich,” and “Smart Couples Finish Rich.” The book is available on Walmart and Amazon.

6. Broke Millennial by Erin Lowry – Best For Beginners

As a beginner, this book is a good start to get your financial life together. Erin Lowry explains in the book how children in their 20s can get things done as regards their finances. They will be able to understand how to build the right attitude with money, manage student loans, and share financial details with their partners. Broke Millennial literally covers the big issues with finances facing millennials today.

You can get this book on making money from Amazon to get the most of it.

7. The One-Page Financial Plan by Carl Richards – Best For Beginners, Runner-Up

This book is a mystery breaker! It breaks the mystery around managing your finances effectively. You’ll not only be able to figure out your financial goals, but you’ll also be able to plan and achieve the goals in a simple one-page plan.

So, if you have always been confused about how to handle your finances well, whether it is about dealing with unexpected financial challenges or it is about properly investing your hard-earned cash, Richard is a Certified Financial Planner and The New York Times columnist and has expressed his wealth of knowledge in the book. You’ll get the book readily available on Walmart and Amazon.

8. Clever Girl Finance by Bola Sokunbi – Best For Growing Women

When a father earns a dollar, a woman is estimated to have earned a ridiculous 82 cents, while mothers are said to have earned just 71 cents. This is according to the U.S. Department of Labor. Implying that women have to do more to earn the equivalent of what their male counterparts will earn.

Hence, Bola Sokunbi’s book is aimed at empowering women and educating them about handling their expenses smartly managing credit, sticking to a budget, building a nest egg, and being fully responsible for your overall financial well-being with the skills and experiences garnered by the Certified Financial Education Instructor (CFEI) and creator of the Clever Girl Finance platform. The book is available on and Amazon.

9. I Will Teach You To Be Rich by Ramit Sethi

Financial expert Ramit Sethi explains in the book that the fact you are rich does not imply that you should not spend money on yourself at all. He elucidates that so long as you have your money properly invested and allocated, you can go ahead and spend it without any feeling of guilt.

The title is considered to communicate how to deal with the common money pitfalls from saving money every month to paying off student loans, and to be able to talk your way out of late fees. The 10th-anniversary edition includes updated views on psychology, technology, and money, and also includes stories of readers who have been able to navigate their way from being broke to actually getting rich.

You can purchase it on Amazon and Thriftbooks.

10. The Psychology Of Money by Morgan Housel – Best Book On Psychology

The Psychology of Money written by Morgan Housel is an interesting book that reveals how your preconceived notions, ego, and pride can negatively impact how you handle your money. While these may not be directly beneficial to managing investments, the author, however, provides readers with tools and tips to combat the biases in 19 short stories that focus on the topic. Morgan Housel has worked at The Wall Street Journal and is a partner at The Collaborative Fund.

The book is readily accessible on Amazon and

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