Is there such as thing as a “best personal finance book?” I was curious what many of the personal finance bloggers thought of the many personal finance books available so I took a short poll asking over 100 bloggers “what’s the best personal finance book?”
When the results came back 38 bloggers responded and I was a bit surprised by the results.
Of the 38 responders there were 28 different books listed!
I’ve graphed any books that received 2 or more votes. From the graph it’s obvious that there’s no landslide winner, but the most popular book with four votes was Your Money or Your Life.
Any book that received only one vote can be found at the list on the bottom of the page.
The 6 books that received two or more votes were:
Your Money or Your Life
Vicki Robin and Joe Dominguez
The Four Hour Workweek
Total Money Makeover
How to Get Rich
The Four Pillars of Investing
The Wealthy Barber
Is There Such a Thing as a “Best” Personal Finance Book?
I honestly thought there would be a bit more agreement on a book, but based on the responses it became apparent that there’s really not one personal finance book that can lay claim to the “best.” Since personal finance is such a deep topic that affects people on different levels each book hits each person differently. Just like each financial plan is different, each book is tailored to different audiences.
What’s the best personal finance book for you?
It’s really going to depend on your goals and what you want to get out of the book. If you want a deeper understanding of how money affects your life and motivates you then go for Your Money or Your Life. If you’re interested in growing your own business and want to become more productive, then perhaps you should consider the Four Hour Workweek.
There’s probably not going to be one best book to recommend, but I would say that you should at least read a couple on the list since these bloggers do happen to know what they’re talking about. Each book you read will probably teach you at least one new thing, which is point, especially if that one idea saves or makes you thousands during your lifetime.
It doesn’t matter which book you start with, just start reading and learning more about personal finance.
The rest of the books that were mentioned, but only received one vote included:
Does this make my assets look fat? recommended by The centsible life
Generation Earn recommended by Lazy man and money
How to Stop Worrying and Start Living recommended by Wealth pilgrim
I Will Teach You to be Rich recommended by Budgets are sexy
The Automatic Millionaire recommended by PT money
The Bible recommended by Debt free adventure
The New Coffeehouse Investor recommended by Bible money matters
The Intelligent Investor recommended by Money smart life
What do you think is the best personal finance book?