7 Financial Books that will Change Your Life

Steve Cummings

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Here are 7 financial books that will change your life. These books are full of personal successes, failures, and tips on how to improve your financial life. I have sat down and read every book, and they have helped me change mine. It is time for them to help you change your life. 

Here are those financial books:

1. The Simple Path to Wealth

By: JL Collins

JL Collins does a great job in creating a road map to making yourself a wealthy life. He started off sending his daughter letters about making wealth, then turned that into a blog, and finally creating this book. 

He makes investing simple and easy with the concept of index investing through Vanguard. Other companies are now offering index funds, but Vanguard was the first and still has some of the least expensive funds on the market. 

Collins shares with the audience his own mistakes and how we can build from his successes to create our path to wealth. This is a book I recommend to all of my friends and family to read. It will open up your mind to make finances simple, easy, and doable.

2. Your Money or Your Life

By: Vicki Robin

This book makes you make a decision, which is more important: your money or your life.

In this world that we live in, we have choices should we spend our days, weeks, months, and years working until we are dead or should we take control of our life, and find a way to escape the mindless hours of work. 

Vicki Robin gives readers a way to take control of their money and create a new life. She gives a 9-step program about creating better lives through saving money, getting out of debt, and creating opportunities out of our problems.

3. Rich Dad Poor Dad

By: Robert Kiyosaki

In this book, Robert Kiyosaki talks about how he grew up and learned about money. He had two dads in his life to teach him. There was his real dad and his childhood friend’s dad.

He learned about the differences on how people learn about money by watching how his dad dealt with money and how his wealthy friend’s dad dealt with money.

This book changed how I felt about money. It is a book that can help change your mindset about the way you think about finances.

4. I Will Teach You to be Rich

By: Ramit Sethi

Ramit Sethi created this book to help teach people to think differently.

We grow up with a mindset of do as you are told and not ask questions. It is time to think differently. This book gives you  blue prints to ask for raises, get a better credit score, travel for free, and not get taken advantage of by the banking industry. 

It is time to think differently. Read this book and open your mind to new possibilities and opportunities for wealth.

5. The Millionaire Next Door

By: Thomas J. Stanley

This is a great book into who really are the millionaires in the country. Oftentimes, we take a look at the cars, the houses, the clothes and assume people are rich, but if you take a look at the bank accounts you may be surprised to find that those are just people with debt, and possibly no money. 

If you take a look at regular people, oftentimes you cannot tell, but they are the real millionaires in the country. This book gives an insight on how these people live, think, invest, and work for a life worth living instead of a life that looks good on the outside.

6. Quit Like a Millionaire

By: Kristy Shen

This is a book about the lessons learned from a life of growing up in extreme poverty to quitting like a millionaire at the age of 31. Through hard work, math, and determination anyone has the capacity to reach the million dollar status and quit to do travel, your passions, and to live life. 

Read the story of how Kristy goes on an adventure of life as she shares with us her tips, successes, and inspiration to achieve more.

7. The Little Book of Common Sense Investing

By: John C. Bogle

John Bogle famously created Vanguard and the first Index Fund. He sought out to make investing simpler and easier for the common man to create wealth.

This book opens up your mind to how index funds function and how they beat the managerial staffs of numerous mutual funds. It is an eye-opening book that gives us the best way to invest our money. “Don’t look for the needle in the haystack, buy the haystack”

The 7 Financial Books that will change your life

There you have it. 7 Financial books that will help change your life. Oftentimes, I go back to reread several different parts of these books just to remind myself about the changes in my life. 

Time is now for you to change your life. Make a decision. Read a book.

” Spend less than you make, stay out of debt, and invest the rest”

4 thoughts on “7 Financial Books that will Change Your Life”

  1. Great article Steve. We’ve always invested in Vanguard; their cost ratio is extremely low. You may be related to John Bogle; 3rd great grandfather was Joseph Bogle Cummings-must be a Bogle on his mom’s side. Millionaires-would you have thought, my the way he lived, that Uncle Ev was a multimillionaire?

    • Thank you. I love Vanguard. They have great low costs, and just a great company. That is so cool to be closely related to John Bogle. It seems investing is in our blood. Like the book, Millionaire Next Door, I could believe Uncle Ev was a multimillionaire. He didn’t look it, but he probably invested and stayed frugal creating some good wealth. Thank you for reading.

  2. Hi Steve,

    nice list over there. I think I read most of them. Though I would highly recommend to add the following to your list:

    Early Retirement Extreme: A Philosophical and Practical Guide to Financial Independence
    By: Jacob Lund Fisker

    This was the one that brought me “on the path”

    Martin – german expat living & working in Kuala Lumpur

    • Hi Martin,

      Thanks for reading. I haven’t read that book myself so that would be a book I need to add to my personal list.

      Very nice living and working in Kuala Lumpar. We are not that far away from each other.

      Thanks for reaching out!


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