These recent books will help you plan your budget, invest wisely, avoid pointless spending, and achieve your financial goals.
- “The Psychological Traps of Money,” Gary Belsky, Thomas Gilovich
Making a good living is half the battle. The second is to manage your money wisely. We all make the same mistakes that lead to unwise spending. In this book, you will learn how emotions, behavior, and society affect financial decisions. Your knowledge of behavioral economics will help you control yourself and your spending.
- “Trick or Treat,” Vicki Robin
The eternal dilemma: work to live or live to work? The answer seems obvious, yet many spend their lives in perpetual pursuit of money, forgetting about other pleasures. Vicki Robin’s book will help you rethink your relationship with material possessions and become financially independent.
- “Personal Wealth: Grow, Protect, Manage,” Stuart Lucas
You’ve probably heard about people who win big money in the lottery, spend it all, and then go back to their old way of life. This is a vivid example of the lack of a long-term strategy and the ability to manage available funds wisely. Many of us are familiar with this problem.
The author of the book, Stuart Lucas, is not only a financial advisor but also runs a family company Carnation. All of his advice has been tested in practice. He tells readers how to increase capital, protect their wealth, invest without losses, choose an advisor and avoid many planning mistakes.
- “The Secret Language of Money. How to Make Sound Financial Decisions,” David Krueger
The more money we have, the more financial problems arise. We spend more than we can afford, argue and get upset about money, and make pointless purchases. David Krueger tells how to develop a healthy attitude toward money and manage it wisely. This is a fascinating guide for those who want to improve their financial situation, but do not understand how to do it.
- “Don’t lose it! What was “Daddy” Kiyosaki silent about?”, Isaac Becker
The book is about how to increase your wealth. This is a collection of useful tips from a professional financial advisor for readers who are planning to make fairly large investments. The pros and cons of different tools for saving and investing money are discussed in detail: deposits, bonds, stocks, insurance, and funds.
- “The Rise of Money, Niall Ferguson
“The Rise of Money” is different from the other books in this selection–you won’t find practical advice in it. This book is about what money is and the path it has taken from antiquity to the present day. The financial history of the world clearly shows were common misconceptions about economic processes come from and what events lead to economic crises. A fascinating narrative and many interesting facts await you.
Conclusion
This selection of books will help you understand the current state of your finances, optimize your expenses, and make a family budget and financial plan for the future. If you liked this topic, read more about the best personal finance books.
