Here are 100 books that The Simple Path to Wealth fans have personally recommended if you like
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I joined the U.S. Marine Corps in 2008 and by 2015 I was a Sergeant who had made all the same financial decisions most service members make…tattoos, alcohol, cars, chasing tail, etc., and had a negative net worth to show for it. Then I read Rich Dad Poor Dad and the light came on. I started buying houses, and by 2021 I exited the military as a financially free millionaire and spend my time helping service members and veterans learn how to build wealth. The military is one of the best places to set yourself up for success, and these books will help you get started on that journey!
Rich Dad Poor Dad is the book that changed the trajectory of my life forever.
It is a parable that explains the difference between the traditional way of thinking “Go to school, get a good job, work hard, retire” with the entrepreneur mentality, and the concepts of utilizing passive income to replace your job at an earlier age.
I love this book because it takes the normally boring subject of finance and investing and breaks it down in a fun and easy way to learn so that you will actually finish the book and have the ability to experience that light-switch moment!
Without a doubt this is the most commonly mentioned book that I hear referenced on podcasts as “the book that started it all”.
It's been nearly 25 years since Robert Kiyosaki's Rich Dad Poor Dad first made waves in the Personal Finance arena. It has since become the #1 Personal Finance book of all time... translated into dozens of languages and sold around the world.
Rich Dad Poor Dad is Robert's story of growing up with two dads his real father and the father of his best friend, his rich dad and the ways in which both men shaped his thoughts about money and investing. The book explodes the myth that you need to earn a high income to be rich and explains…
I teach historical martial arts for a living. 25 years ago, one of my students asked me to write a training manual about medieval Italian longswords, so I did… it took me four years and changed everything. Teaching in person is my favourite thing, but writing books about my art is a close second. I’m always on the lookout for ways to write better and faster and sell more books. Being an effective writer means I make enough money from my books that I can spend my time researching, writing, training, and teaching historical martial arts and have plenty of time to spend with my wife and kids.
Most money books are full of get-rich-quick schemes and bad advice. This one goes to the root of why we make good or bad financial decisions.
I have a tendency to overlook the business side of writing, and this book helped me see why that might be and do something about it. Everyone has strong feelings about money: this book helped me get mine under control and in perspective, which enables me to write better and publish the books I want to publish.
Doing well with money isn't necessarily about what you know. It's about how you behave. And behavior is hard to teach, even to really smart people.
Money-investing, personal finance, and business decisions-is typically taught as a math-based field, where data and formulas tell us exactly what to do. But in the real world people don't make financial decisions on a spreadsheet. They make them at the dinner table, or in a meeting room, where personal history, your own unique view of the world, ego, pride, marketing, and odd incentives are scrambled together.
In The Psychology of Money, award-winning author Morgan…
I’m a former indoor kid and big-city girl, and I never imagined I’d wind up spending months of each year pooping in the woods—by choice! But walking all day every day on footpaths through the wilderness has become one of the greatest loves of my life, and I’m so glad to have books by other adventurous folks to keep me company when I’m back at home. I’ve written two of these books myself: How To Be Alone and What We Owe to Ourselves. I also write a weekly newsletter called Wild Letters, where I share honest stories of self-exploration both on and off the trail.
It might seem strange for a long-distance hiker to recommend a book on personal finance, but let’s not pretend that much of living an adventurous life (however you’d like to define that for yourself) comes down to the logistics of money, time, and other resources.
I learned so much from Kristy in this book, and I loved her non-preachy writing style and the honesty with which she told her story. Yes, this is a step-by-step guide, but for me, it felt like so much more than that: a truly inspiring and uplifting reminder that we don’t need to settle for the status quo.
From two leaders of the FIRE (Financial Independence, Retire Early) movement, a bold, contrarian guide to retiring at any age, with a reproducible formula to financial independence.
A bull***t-free guide to growing your wealth, retiring early, and living life on your own terms.
Kristy Shen retired with a million dollars at the age of thirty-one, and she did it without hitting a home run on the stock market, starting the next Snapchat in her garage, or investing in hot real estate.
Learn how to cut down on spending without decreasing your quality of life, build a million-dollar portfolio, fortify your…
When I was about 8, I remember taking all the money out of my piggy bank, counting it, and carefully putting it back in again. My sister called me Ms. Moneybags. But I wasn’t worried about accumulating money. I was fascinated by money’s pure potential. I could do anything with it! From that early interest in the potential of money, I grew to be an avid reader of financial books–and that led to a surprise career as a money writer. I still love to think about money’s potential and the best ways to allocate that potential, and I love to bring my readers with me on the fascinating journey.
Your Money or Your Life is like a cheat code for living. The authors cut through all the “shoulds” we place on money to ask this simple question: What do you really want from life?
Once you have pinpointed the specific things that make you feel satisfied, alive, connected, contented, and energetic, you can easily let everything else go–and then your money decisions easily fall into place. You simply need to ask yourself if a financial decision supports the things you want most.
The lessons of this book are simple to understand, but not easy to implement. But getting into the habit of thinking more about your life energy than about money means you’re on your way.
Have Enough Money for a Rich Life-Without Winning the Lottery How much money is enough? Vicki Robin has made it her life's work to explore this question. Her remarkable discovery: money is energy-and conscious awareness is the key to finding its real value. On Your Money or Your Life Robin shares the nine-step program originally created with her teaching partner Joe Dominguez, which has helped nearly three quarters of a million people worldwide reach new levels of comfort, competence, and consciousness around their personal finances. Updated for the 21st century, this two-CD program offers hands-on tools and practical insights to…
I grew up with a lot of misconceptions. It wasn’t until I got out in the world and experienced life for myself that I began to see that I didn’t necessarily agree with what I’d been taught (or conditioned to believe). I learned that if I wanted to know the truth, I’d have to learn it for myself… These 5 books offered me a different perspective, and made me see things in a new light. They helped me succeed as a person, an artist, and as a human being… I hope they will help you and your loved ones, too.
This book breaks down illusions about wealth and gives it to ‘em straight.
Just because you think a person has money, it doesn’t mean that they have money. In fact, those who flaunt their wealth could actually be headed for disaster, as they spend their dollars on an endless effort to impress, one-up, and reward themselves. And because they are spending money they are not saving money. So while their bank account plateaus (or worse, depletes), the account of the unassuming, unflashy neighbor next-door flourishes, as he invests, saves, and plans—placing the max amount of $ into his 401K—until he eventually becomes, the “millionaire next door”… The save vs. spend principle seems obvious here, but the psychology of spending is not. It is curious and complicated, fascinating and (sometimes) hard to fathom… So it's good there is a book out there that examines wealth and de-bunks perception, so that people…
The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don't live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since 1998, includes a new foreword for the twenty-first century by Dr. Thomas J. Stanley.
Though I’ve coached endurance athletes to world championships, I’m an expert on not working out. It’s what you do when you’re not training that matters most! All the books on this list teach habits that help you relax about things that don’t matter while guiding you to define what does matter and explaining ways to most efficiently focus your energies there. This jibes with my work as a yoga teacher: we seek to find the right application of effort, and to layer in ease wherever possible. I don’t think it’s stretching too much to call each book on the list both a work of philosophy and also a deeply practical life manual.
I know it might sound odd to hear a personal finance book will help you up your game in sports, but money stress can be a huge drain on anyone’s psyche.
This is another book I think about daily because it dramatically shifted my mindset about money. While it might seem to speak to a reader who’s just getting their career started, both I and my 79-year-old mother have learned a ton from reading this book and taking Sethi’s advice to spend extravagantly on the things we love while cutting ruthlessly on things we don’t need.
I love that this book gives me permission to focus with intention on the pieces that matter and not worry about the rest.
The groundbreaking NEW YORK TIMES and WALL STREET JOURNAL BESTSELLER that taught a generation how to earn more, save more, and live a rich life—now in a revised 2nd edition.
Buy as many lattes as you want. Choose the right accounts and investments so your money grows for you—automatically. Best of all, spend guilt-free on the things you love.
Personal finance expert Ramit Sethi has been called a “wealth wizard” by Forbes and the “new guru on the block” by Fortune. Now he’s updated and expanded his modern money classic for a new age, delivering a simple, powerful, no-BS 6-week…
I’ve been rather fixated with money and finances since I was a kid beating my friend's parents at Monopoly. I majored in economics and had a few rough years financially graduating into the depths of the great recession in 2010. In 2013 I completed my Master’s in finance and economics, took a day job in economic research, and have been moonlighting as a finance writer for the past five years.
This books takes the opposite approach to The Simple Path To Wealth; it covers a vast range of financial topics and historical figures while diving deep into the mathematics of a rational retirement plan. This book can be a challenging read at times, but it will make you smarter. Consider this a graduate school-level education in retirement.
The 800 years of scientific breakthroughs that will help salvage your retirement plans
Physics, Chemistry, Astronomy, Biology; every field has its intellectual giants who made breakthrough discoveries that changed the course of history. What about the topic of retirement planning? Is it a science? Or is retirement income planning just a collection of rules-of-thumb, financial products and sales pitches? In The 7 Most Important Equations for Your Retirement...And the Stories Behind Them Moshe Milevsky argues that twenty first century retirement income planning is indeed a science and has its foundations in the work of great sages who made conceptual and…
I’ve been rather fixated with money and finances since I was a kid beating my friend's parents at Monopoly. I majored in economics and had a few rough years financially graduating into the depths of the great recession in 2010. In 2013 I completed my Master’s in finance and economics, took a day job in economic research, and have been moonlighting as a finance writer for the past five years.
You might be thinking, what is a philosophy book doing on a list of books to make me a better investor?
Here’s a bit of a secret about investing; learning the technical details about how to build a portfolio is the easy part. The hard part is staying cool during market crashes, bear markets, and recessions. The easiest way to lose money as an investor is to panic sell at the worst possible time.
The philosophy of stoicism is defined by focusing our attention on only the things we can control and making peace with the things we can’t. That is also the definition of a great long-term investor. You can’t control the markets but you can control how you react.
The beloved classic daily devotional of Stoic meditations—the only authorized print edition in the US and complete with a ribbon marker—with more than two million copies sold!
Why have history's greatest minds—from George Washington to Frederick the Great to Ralph Waldo Emerson, along with today's top performers from Super Bowl-winning football coaches to CEOs and celebrities—embraced the wisdom of the ancient Stoics? Because they realize that the most valuable wisdom is timeless and that philosophy is for living a better life, not a classroom exercise.
The Daily Stoic offers 366 days of Stoic insights and exercises, featuring all-new translations from…
I'm very passionate about teaching children's financial literacy and business because with social media, it's easy for children to get caught up in the flashy and shiny materialist things. I like to teach kids about business and how to use the mistakes in business to scale and grow. I have expertise in this area as I've written three books, taught financial literacy & business at schools, and own a few different businesses. After I graduated college, I was thrown into the 'real world' with a good job and learned my lessons the hard way by spending too much money on things that did not matter. Hence my passion to want to help The Misguided.
I recommend this book because after carefully reading it and completing the exercises with my 13-year-old niece, I found myself having fun and enjoying the quality time while also teaching the basics of money and how it works in our economy.
This eventually led to my niece asking questions about money and how to manage, save, and invest it. That's amazing to hear a young person start to think about money.
Outgrow your piggy bank—an intro to investing for kids ages 8 to 12
Did you know that the sooner you understand money, the sooner you can make more of it? It’s true! Investing for Kids can help make you money savvy, showing you how to earn it, how to start a savings plan, and the best ways to invest and create a future with money in the bank.
With a little help from the astounding Dollar Duo—Mr. Finance and Investing Woman—this engaging guide to investing for kids ages 8 to 12 covers essential information about stocks and bonds, how you…
When I was growing up, I saw family members and friends, who were otherwise smart people who could master other aspects of their lives, have difficulty with personal finance decisions and investing. When my dad was laid off during a recession, he had some retirement money distributed to him, and I got interested in investing as he researched and tried with difficulty to handle this money himself. In my young adult years, I was a sponge to learn as much as I could about personal finance.
I liked reading Jane Bryant Quinn’s book as a young adult because it was comprehensive, and it seemed that she didn’t have a bias or axe to grind. Some of the popular financial writers at the time were pitching products in which they had a vested financial interest, which made a strong negative impression on me.
Named the best personal finance book on the market by Consumers Union, Jane Bryant Quinn's bestseller Making the Most of Your Money has been completely revised and updated to provide a guide to financial recovery, independence, and success in the new economy.
Getting your financial life on track and keeping it there -- nothing is more important to your family and you. This proven, comprehensive guidebook steers you around the risks and helps you make smart and profitable decisions at every stage of your life. Are you single, married, or divorced? A parent with a paycheck or a parent at…
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