Money plays a critical role in our lives, yet most of us don't receive formal education on finances. If you're looking to get ahead financially, check out these money-management books!
Having financial literacy skills allows people to save despite earning small incomes while others who make more struggle month-to-month. What separates the two? Financial literacy skills!
Too many people today are one missed paycheck away from ruin, without any savings to cover an emergency. These books can help change your financial future for the better.
It's one thing to be able to give excellent financial advice, but it's another story entirely when it comes to getting consumers to pay attention. Dr. Moira Somers, a neuropsychologist and financial transformation expert, describes the five primary factors that will determine whether or not a customer follows your advice; this is typically known as client compliance."Advice That Sticks" covers how financial advisers can make client relationships stronger, increase returns, and grow their business by learning about aspects that influence consumer decisions such as psychology, society, and emotions attached to money.
David J. Mullen Jr.'s "The Million-Dollar Financial Advisor" provides 15 insightful conversations from great financial advisors, which are compiled into 13 clear lessons for finance professionals. These seminars focus on the fundamentals of the business, such as client relationship creation and maintenance. With 30 years of experience in the industry, Mullen is a managing director at Merrill Lynch who brings valuable knowledge to this book..
Daniel C. Goldie is the head of Dan Goldie Financial Services, LLC, and he's also a former professional tennis player who made it to Wimbledon's quarterfinals. According to Barron's magazine, he is one of America's top 100 independent financial advisors.Along with holding a bachelor's degree from Stanford University, Daniel has an MBA from UC Berkeley's Haas School of Business.
For almost twenty-five years, Gordon S. Murray worked in institutional sales and management at Goldman Sachs, Lehman Brothers, and Credit Suisse First Boston. After leaving Wall Street, he became a consultant for Dimensional Fund Advisors.
Robert Kiyosaki's book, "Rich Dad, Poor Dad," is a classic for a reason. In one of the most popular financial planning books ever written, Kiyosaki describes what he learned from his father and a friend's father while growing up - the latter of whom is the titular "rich dad." The topics discussed in this book include becoming rich without earning a hefty salary, the importance of assets and liabilities, and why traditional schools aren't providing students with information about financial management. In celebration of the 20th anniversary edition, the author has included updated content on money related matters, today's economy, and investing.
Over 100 million people have read this book for a reason- it offers an inspiring message of how to achieve success without sacrificing your morals. Even though it was written centuries ago, the examples of Thomas Edison and Henry Ford ring just as true today. If you're looking for timeless financial advice, look no further than this life-changing book.
"A Random Walk Down Wall Street" is an essential book for entrepreneurs of all generations looking to learn more about economics, history, market theory and other related subjects. In the book, Burton G. Malkiel dives into the statistics of investing to emphasize its importance while also highlighting common investor missteps so readers can avoid making them. As a financial investor and Chairman's Professor of Economics at Princeton University's Chemical Bank, Malkiel is uniquely qualified to write this book - making it a lecture in disguise that you definitely won't want to miss out on.
Todd Tresidder's book, which catches readers up on the five most important questions to ask when calculating for retirement and how best to estimate investment returns and living expenses. This comprehensive guide covers everything from retired planning to post-employment finances in great detail.
Tresidder provides readers with data-backed explanations of how traditional retirement plans often fail, and offers inventive alternatives. Have no doubt, Tresidder knows what he's talking about when it comes to building a foundation for a Retirement that won't have you wishing you'd chosen differently later on down the road. That being said, solidifying his credibility is an economics degree as well as proof in his own life-- retiring at 35 years old after making savvy investments early-on.
If you want to improve your financial wellbeing, make sure to read these books cover-to-cover. With a few exceptional titles mixed in, the list below mostly consists of classics that have been recommended time and time again.
