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Home · Money & Career

8 Books You Need to Read to Get Your Money Right

'Tis the season to get inspired...and set money goals that matter.
8 Books You Need to Read To Get Your Money Right In 2020
By Ashley McDonough · Updated December 6, 2020

‘Tis the season for big spending and major reflecting. As 2019 wraps up, ask yourself, “Can my money habits be better?” Chances are yes, they can. No matter what stage of life you’re in, your financial state is as ever-changing and complex as your life. The habits that helped you survive your 20s probably won’t help much in your 30s, 40s and beyond.

So what better time to address the state of your wealth and get a little inspired for 2020?

These 8 books are tried and true favorites that will help you not only assess your own money but help get you into the mindset of leveling up when the next year rolls in.

The Millionaire Fast Lane by MJ DeMarco 

If you were ever told the path to success comes from going to a good college, getting a good job, saving your money and ultimately living a “stable life” like most Americans, sorry to warn you but this book debunks that myth completely. The Millionaire Fast Lane focuses on there actually being two paths to success, labeling them The Millionaire Fast Lane and The Slowlane Road. This book digs deeper into the paths to success, analyzing both journeys and proving that the path many of us have been told to abide by, is not the only way to success; In fact according to author and businessman MJ DeMarco, that path is often much slower, and not a guaranteed approach. 

If you’re contemplating your own path and are interested in taking an unconventional route to society standards, ‘The Millionaire Fast Lane’ can help guide you in the right direction. 

Think and Grow Rich by Napolean Hill

This bestselling book is a must-have for all entrepreneurs looking to expand their businesses and their bank accounts! Written during the Great Depression, author and former advisor to President Franklin Roosevelt, Napolean Hill created a blueprint dedicated to showing business owners how to manifest, think and strategize their way to financial freedom. Having interviewed over 500 successful people, Hill has uncovered the keys to good fortune from a number of professionals proving his methods to be true. 

Hill strongly believes that the real hidden gem in becoming rich all starts from the mind, in the sense that if you can think it you can ultimately achieve it.

How Rich People Think by Steve Siebold 

Becoming rich all begins from your thoughts, at least that is what bestselling author, Stece Siebold believes to be true. Having interviewed over 1,000 millionaires and billionaires all over the globe, Siebold has cracked the code on what separates the wealthy from everyone else. ‘How Rich People Think’ breaks down the differences in thoughts from the rich and the average and lays down the foundation on how the average person can think their way to success too. 

The Power of Broke by Daymond John

According to Shark Tank investor and entrepreneur Daymond John, being broke is only temporary and should be used as fuel to work harder. In the motivational self-help book, ‘The Power of Broke,’ John explains the advantages of being broke, the creativity that sparks from lack of finances and how out-of-the-box ideas lead to billion-dollar businesses. 

If you’re currently in the midst of a financial struggle, looking for a way out, this book just might change your perspective.

Secrets of the Millionaire Mind by T. Harv Eker

According to author and businessman, T. Harv Eker, thinking like a poor person and thinking like a rich person can greatly affect your financial status. In Secrets of The Millionaire Mind Eker explores the mentality of all individuals and shows how what they think when it comes to money, plays a large part in their financial reality. He goes on to state that our thoughts can sabotage our chances of being wealthy and we must actively train our minds to think otherwise. 

The Automatic Millionaire by David Bach

Despite society’s teachings of budgeting, massive income or money mentality, self-made millionaire David Bach believes you don’t need any of these to become rich. In The Automatic Millionaire, Batch reveals the money misconceptions society has conditioned us into believing and tells us the truth about the path to financial freedom. In his realistic and honest approach, Bach shares his secrets to his success and how he managed to secure his future and funds without a budget. 

Women & Money by Suze Orman 

If you’re an empowered woman, who is serious about your finances and your future, this is the book for you. In ‘Women & Money’ financial advisor, Suze Orman highlights the keys to financial and emotional intelligence when it comes to money. It debunks numerous myths and preconceived notions of women in regards to money and shows a new approach in showing all women to improve their finances and ultimately their lives. 

Rich Dad, Poor Dad by Robert T. Kiyosaki 

Becoming wealthy starts from shaping the minds of the youth. In the bestselling book, Rich Dad, Poor Dad author Robert Kiyosaki recollects his early experiences from the teachings of his poor dad, and his wealthy best friend’s dad. Throughout the book Kiyosaki distinguishes the habits and behaviors taught from both and how growing up with this dual experience shaped him into his own healthy relationship with money today. Kiyosaki digs deep into class systems in today’s society and explains how anyone can elevate themselves into wealth, no matter their beginnings. 

TOPICS:  and black best Black Black Owned Books business essence Money Management owned Women Lets Win
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