5 Best Finance Books to Read Your Way to Wealth

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Books are the cheapest resource you can find for the highest ROI (return on investment). 

Reading does require your time, but it’s time well spent.

My own definition of rich was (and still is) being debt-free, having a healthy savings, and making choices about work and life on my own terms. Everyone’s definition of rich is different and that’s okay!   

Personally, the journey of reading and learning made my head spin and my money multiply. 

It’s like sitting down with friends who are ready to share everything they’ve learned about wealth in order for you to achieve the same.    

You will be the same person in five years as you are today except for the people you meet and the books you read. Charlie (Tremendous) Jones

I wholeheartedly believe you can read your way to riches if you read with an open mind and desire to change any bad habits.  

If you’re ready for that transformation, then I would recommend these five books described as a “starter library” for personal finance. 

The principles described are tried and true. Then you can grow your personal finance library as you seek more specific topics, such as investing or retirement. 

Books are my favorite way to spend an Amazon gift card and the first section I look at library sales, garage sales and/or thrift stores.  (I do not borrow books from the library because I want the option to write in them and have them on hand for reference.)

Here’s most of my personal finance book collection. Some cross over into the entrepreneurial space, but they can easily go hand in hand.

If I’m missing an essential book, please don’t leave this post without telling me in the comments, always looking for recommendations!

Side note:  I’ve tried reading on a tablet and I’ve tried audiobooks, just not for me!

Personal Finance Book Collection


All of the books in my personal finance library have been helpful, but the five below led to the “a-ha” moments that were life changing

These five best finance books are definitely at the top of list for reading your way to riches!


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First up, The Millionaire Next Door by Thomas J. Stanley and William D. Danko.  

This book explores the habits and lifestyles of millionaires with interesting research and statistics.  Don’t think college paper research… more like seriously, who knew kind of stats.

It turns the “lifestyles of the rich and famous” into the lifestyles of your rich next door neighbor who drives a used Jeep Grand Cherokee and has sported the same Timex Easy Reader watch since he moved in more than a decade ago.  

Most of all, this book makes you realize that wealth is not for a select few.  It ignites the “I can achieve this too” spark.  And that my friends is where it all starts

    The Millionaire Next Door
The Millionaire Next Door


Next, Your Money or Your Life by Vicki Robin and Joe Dominguez. 

This book focuses on aligning your values with your money.  It considers the psychology of our relationship with money and helps us better understand our spending decisions. It’s like coming to the crossroads where finances and self-awareness meet.  

For me, it validated that there are different pathways to meeting goals and that my time is incredibly valuable.  Debt freedom is our major goal right now and it helped me understand how to prioritize spending decisions based on our goal.  

It’s a book that you can circle back to time and time again when things are not going in the direction you desire. 


Your Money or Your Life
Your Money or Your Life


Third, written in 1926, The Richest Man in Babylon by George C. Clason, has stood the test of time.

This was the very first personal finance book I read and it’s both simple and complex.  It’s filled with ancient parable lessons about wise money management. 

The lessons learned through the stories take the reader on a journey of discovery and figuring out how to avoid making the same financial mistakes over and over again.  

It’s like listening in on a conversation between a wealthy mentor and an eager to learn student.  The principles are woven in story and they stick with you. 

It’s one of those books you read and it plays out in your mind the same as if you get a song stuck in your head.  (My favorite cure in the chapter on the lean purse… “Start thy Purse to Fattening!” Love this!) 



The Richest Man in Babylon
The Richest Man in Babylon

Fourth, another finance book that has been around for several decades, Think and Grow Rich by Napoleon Hill. 

This book uncovers how our thoughts ultimately lead to our circumstances. 

You have to “read past” some of the dated language and references, but it’s absolutely going to impact your life goals just as much your finance goals.  There is power in aligning your plans with your purpose and going after it with fierceness.

This is one of those books that needs to be re-read and studied to find and apply new principles each time. I’ve read many books that discuss the characteristics of highly successful people, but this one is different.  It’s more “stuff” than “fluff.” 

It’s a must read for wisdom that applies to building wealth and achieving success. 


Think and Grow Rich
Think and Grow Rich

Last on the list is The Total Money Makeover by Dave Ramsey. 

I know there are some strategies and viewpoints of Ramsey that are personal or debatable, but isn’t that true of most things in life?  The book is a good starting place for the person who is just not getting anywhere with their current financial habits. It’s for those who are frustrated with finances and want a plan to get out of debt. 

I’ve taken Financial Peace University and attended Dave Ramsey’s Smart Conference.  All of his training materials and resources are helpful.  He’s helped so many people get mad at their debt, myself included.  The snowball method works and it puts a plan of action in the hands of people who don’t know where to start.  

Dave Ramsey Total Money Makeover
Dave Ramsey Total Money Makeover

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I truly believe books are the cheapest investment that give you the biggest return. Money and time well spent. These are five that have impacted my life and finances in a major way.  The words are packed with wisdom that paves the way to financial success.  

Any personal finance books you would recommend?  


Join me in putting strategies and systems in place to simplify finances and home in order to spend time on the things and people that matter most. Feel free to contact me at [email protected]

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