When it comes to managing your finances, it can be extremely challenging to reprogram your brain and break old habits. This is especially true if you were accustomed to hearing phrases like, “Save for a rainy day,” when you were growing up.
Although saving can be useful for entrepreneurs who are in the beginning stages of building their businesses, investing is the most impactful strategy.
Unfortunately, fear influences quite a few people who are struggling to manage their finances. If you want to build wealth, you may find it tough to overcome unhealthy mindsets.
Also, the unfortunate truth is that women are often educated differently about money than men are, and we are faced with societal expectations that can be difficult to navigate.
Nevertheless, you can take matters into your own hands and change for the better if you play your cards right! Anything is possible if you have the right information and a healthy dose of ambition.
Here are three books that can give you a great headstart.
1. Rich Dad, Poor Dad by Robert Kiyosaki
This book is the #1 best-selling personal finance book ever, no less, so it clearly deserved a spot in this article. As you can imagine, it’s helped millions of people invest and make their money work for them. There’s no reason it can’t help you, too! The overall message of Rich Dad, Poor Dad will change the way you think about and manage your finances.
2. The Richest Man in Babylon by George Clason
This is a lovely fictional tale filled with parables about how to manage your money. Basically, invest in assets, save your resources, and only trust the experts with your hard-earned cash.
If you opt for the Collector’s Edition, you can experience the delight of getting lost in intricate illustrations as you’re turning the pages.
3. The Financial Diet: A Total Beginner’s Guide to Getting Good With Money by Chelsea Fagan
This book is simultaneously informative and beautiful. It was written by Chelsea Fagan—a well-known YouTuber in the personal finance space—and designed by the talented Lauren Ver Hage, so you have access to gorgeous illustrations as you learn about how to manage your money.
Chelsea gets it: She offers tips about how to maintain a tastefully decorated home on a budget while also cooking delicious meals without breaking the bank. She grew up poor, so she understands firsthand what it’s like to not have much. As a result, her approach is both deeply empathic and appropriately playful.
It’s also comprehensive: It’s literally for anyone, even if you have -$10,000 in your bank account. Chelsea will show you how to achieve your financial goals step by step.
Bottom line
You might not realize it, but you make decisions based on your finances every day – in your personal life and in your professional life. So, though money doesn’t buy happiness, it can offer greater peace of mind and the ability to help others. That’s why learning how to harness it can change your life.
If you want to be rich in every sense of the word, reading these books is well worth your while.