FINANCE READING LIST
You don’t need to read dozens of personal finance books to get smarter about your money. In fact, that might even be bad for your financial health.
“One of the things people get crushed by is complexity,” says Bruce Sellery, who just happens to have written one of our favourite money books of all time. As far as he’s concerned, it doesn’t matter which financial vision you live by — simply that you have one.
“It doesn’t matter which direction you walk in, or if you take a detour along the way, just so long as you keep placing one foot in front of the other.”
Here are some picks, with a 10-second take for each:
The Wealthy Barber Returns By David Chilton The first time out, Chilton focused on saving more. Round two is about spending less.
Moolala By Bruce Sellery Follow the “Moolala Method”: set your goals, develop a plan and stick with it.
Money Talks
By Gail Vaz Oxlade Ways to bring up money at the dinner table, for folks who were taught not to discuss money at the dinner table.
Wealthing Like Rabbits
By Robert Brown Saving is fun. And so is reading about it when you weave in zombies, sex and references to Westeros. The Automatic Millionaire By David Bach
A five-step plan minus the other four steps: Pay yourself first.
Stop Over-Thinking Your Money By Preet Banerjee Invest? Sure, but first disaster-proof your life, spend less, eliminate debt, learn to read fine print and delay consumption.
Millionaire Teacher
By Andrew Hallam
Your personal savings rate — not your investment choices — will determine your wealth.
A Wealth of Common Sense By Ben Carlson Skip short-term performance benchmarks. Take the long view on your investments.
The Opposite of Spoiled By Ron Leiber
The 10-second take: What you should say when your kids ask, “Are we rich?” (Regardless of what you think the answer is.)
The Professional Financial Advisor IV By John De Goey What you need to know about how financial advisers are changing the way they do business as well as their fee structure — and why it’s better for you as a client.