The best personal finance books that make building wealth easy

Chuck Jaffe knows personal finance and especially mutual funds. He’s spent a lifetime mastering personal finance including from his early days with The Boston Globe newspaper.

This guide is a comprehensive roadmap to understanding and investing in mutual funds. Jaffe’s A to Z resource helps readers get started and create a long-term investing plan with mutual funds. He explains asset allocation to help design an investment portfolio. He reveals the characteristics of winning and losing mutual funds.

Two great chapters are "Seven Steps to Buying a Fund" and "Twelve Questions to Ask Before You Buy". He helps us avoid pitfalls that cost investors money. Designed for seasoned and new investors alike. While other books are ‘cloudy’ Jaffe writes in plain English and explains it all.  

One of my favorite personal finance classics. The core principle to getting rich is the choices you make.

Author Robert Kiyosaki emphasizes the importance of taking control of your finances and investing today to build wealth for tomorrow. Anyone can apply these principles and techniques in their life. The author explains growing up with two Dads – his real father and his best friend’s father. Essentially, his blood father spent all his money. His friend’s father budgeted and invested for his family’s future.

He presents ways to earn income—real estate, stocks, bonds, or businesses. With effort and prudence, you can implement this model. He emphasizes that ‘street smarts’ and common sense must be added to school education. Readers will gain a solid understanding of assets, liabilities, and net worth, which is essential to building wealth. 

One of the best investment books on the stock market of all time. William O’Neil is the founder of Investors Business Daily (IBD) newspaper. He combines fundamental (business) and technical analysis (charts). W

hile money managers and investment advisors talk about analyzing companies, O’Neil’s secret sauce is mastering the statistics – where the market is and where it’s heading. While news is important, trading volume and patterns capture the business’s prospects in real time and these show you how to trade.

The data provide the clues. And this book shows you the way, with common-sense techniques and strategies in plain English in 24 key lessons. This is the key to building wealth in the stock market A must read for new and seasoned investors alike. 

This book presents the straightforward, sound approach to building wealth.

Andrew Tobias cuts out the noise and explains the steps to take and which types of investments are most likely to help you build wealth. While the book’s title is bold, Tobias delivers. This is a steady-eddy approach with fundamental strategies, tips, and tactics.

Useful advice on savings, investments, preparing for retirement, and much more. He explains nuances about saving money and how to use credit cards smartly. This book will help you get ahead in today’s world and build wealth. Highly recommended. 

Think and Grow Rich is one of the best books of all time – a true class for achieving super success and wealth.

Napoleon Hill shows you how to get ahead and build wealth. The idea is that successful, wealthy people found the way and we can too. Hill believes that how you think and use the knowledge and experience you accumulate along your journey drives your success.

He explains the importance of desire and faith and gaining specialized knowledge. He emphasizes organized planning, making decisions and taking action, and sticking with it. Hill shares stories based on his interviews with leaders including Thomas Edison, Henry Ford, and many other millionaires.