Top 5 Friday: Books for Wealth Creation
Wealth Creation is more than increasing income and lowering expenses. It’s a mindset that changes your relationship with money. Here are the top 5 books that have helped me adopt the money mindset and create wealth:
5. How I Invest My Money
by: Joshua Brown and Brian Portnoy
I’ve read dozens of books on Wealth Creation, but was always left with the same question: How do the experts invest their money? This book answers that by pulling back the curtain and giving readers a peak into the minds of 25 financial experts. Financial Advisors, Venture Capitalists, Portfolio Managers and others share how and why they invest, save and spend the way they do.
4. The Millionaire Next Door
by: Thomas Stanley and William Danko
The Millionaire Next Door is about real life millionaires and how they spend, save and think about money. It focuses on building wealth slowly rather than getting rich quick and proves that living below your means has a significant impact on your net worth. Every professional entering the workforce should read this!
3. Rich Dad Poor Dad
by: Robert T. Kiyosaki and Sharon Lechter
Through real life experiences, the authors teach readers how to change their mindsets to become financially independent. This well-written, easy to read and enjoyable book acts as a guide for anyone looking to become wealthy. Follow-up action is a must!
2. The Almanack of Naval Ravikant
by: Eric Jorgenson
Naval Ravikant is a philosopher, entrepreneur and early investor in companies like: Uber, Twitter, Opendoor and about 200 others! He has a passion for helping others achieve both wealth and happiness, which is the goal of this book. Author Eric Jorgenson compiled tweets, reflections and interviews of Naval’s over the last ten years to help others learn how to walk their own path toward a happier and wealthier life.
🥁Drum roll please!🥁
1. The Psychology of Money
by: Morgan Housel
“Your personal experiences with money make up maybe 0.00000001% of what’s happened in the world, but maybe 80% of how you think the world works.” - #ThePsychologyofMoney is a phenomenal read that explores how our past experiences, as well as our behavior & discipline, drive our decisions around money. I can’t look a dollar bill the same ever again… I look forward to reading this one again.And again.
Happy Reading, Friends!
Let me know which books I missed!