6 Books That Will Change the Way You Think About Money
What’s the secret to joining the millionaires’ club? Contrary to popular belief, the trick isn’t getting lucky in the stock market (where was my investment genie to tell me to buy Google stocks 10 years ago?) or in making complicated and detailed budget spreadsheets. Though these things would indeed get you a leg up on your climb to money mountain, there’s one single thing that trumps all those granular bits of money management advice that experts have been spewing for years: your mindset is what’s key. Change the way you think and you’ll shift that power dynamic between you and whatever it is that’s blocking you from the Benjamins.
Understand Your Money Feelings
Many of us don’t realize that the way we see and deal with our money is actually an expression of our subconscious mind. And that explains why most of us who start budgets or savings plans have trouble sticking to them, and often end up repeating self-sabotaging behaviors like ignoring bank balances and buying items we don’t need or even want. Like it or not, money has this emotional power over many of us.
Up Your Mental Game
So how do you free yourself from those chains? The key to your financial freedom lies mostly in your mental game. Mentally prepare yourself and you can become better equipped to make better decisions – both financially and in general life. There’s no better mental preparation than to feed your brain with information, so we’ve rounded up these 5 picks from the best and brightest to help mentor you and show you what it is you need to start cultivating that money mindset.
Your Money or Your Life by Vicki Robin & Joseph Dominguez
Gaining control of your money means gaining control of your life. This book shows you how to change your relationship with money and lays out a 9-step program for living simply and getting to the bottom of what really matters to you.
Think and Grow Rich by Napoleon Hill
Napoleon Hill’s seminal classic written during the Great Depression will change the way you findamentally think in order to succeed in whatever work it is you do. There’s good reason this book has held its ground for nearly a century. The key to filling your life with untold riches? Retrain your mind to see prosperity each day and have faith in your abilities.
Rich Dad Poor Dad by Robert Kiyosaki
Robert Kiyosaki’s financial advice is based on his real experiences observing two very powerful economic influencers in his early life: his money poor birth dad, and his best friend’s father who was a self-made millionaire. His observations of their differing philosophies and habits illuminate to his readers that acquiring wealth is less about education level and more about educated motives.
Money: Master the Game by Tony Robbins
Self-help juggernaut Tony Robbins created this 7-step blueprint of simple and actionable items to get you closer to financial freedom. Readers in every walk of life and income level can use this book to get their financial lives in order and create a lifetime income plan.
Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J. Stanley, William D. Danko
This enlightening book begs the question: who are the rich in America? Read this and you’ll learn the 7 characteristics and habits of millionaires in America. You’ll be very surprised that it’s likely not the ostentatious spenders and high rollers most of us typically think of.
Financial Peace by Dave Ramsey
Ramsey made millions in the real estate business only to lose it all. He thought he learned everything about getting rich. But did he? Left with nothing and millions in debt, he scraped his way out of hopelessness and is here to tell you how he did it. He understands the negative emotions we feel around debt, so his advice is delivered just with the same patience and understanding your favorite uncle would give.
Ready to Learn More?
Are you ready to learn more to start improving your relationship with money and start living the life you’re meant to live? If so, learn and listen! Get hibooks and start tickling your ears with audiobooks to make your life better and brighter.