Getting Smarter About Money
If you want to manage your finances more effectively and be a better investor, there are many books that can help. Here are a few to check out at your local library or bookstore:
• “I Will Teach You to Be Rich, Second Edition: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works” by Ramit Sethi (Workman, $16). This wellorganized set of steps can get you in much better financial shape and improve your financial future.
• “The Psychology of Money: Timeless Lessons on Wealth, Greed and Happiness” by Morgan Housel (Harriman House, $19). This book offers eye-opening insights into how (and why) people make good and bad financial decisions.
• “The One-Page Financial Plan: A Simple Way To Be Smart About Your Money” by Carl Richards (Portfolio, $25). Having a plan for how you’ll manage your money and reach your goals is critical.
• “The Little Book of Value Investing” by Christopher Browne (Wiley, $25). This is Warren Buffett’s style of investing, and it’s clearly effective. The book can help you find and evaluate promising undervalued stocks.
• “Great by Choice: Uncertainty, Chaos and Luck — Why Some Thrive Despite Them All” by Jim Collins and Morten T. Hansen
(Harper Business, $24). To succeed at investing, it helps to understand what makes various companies succeed — or fail.
• “The Little Book of Behavioral Investing: How Not To Be Your Own Worst Enemy” by James Montier (Wiley, $25). Behavioral finance is a fascinating subject, and well worth reading up on to help you minimize financial mistakes.
• “The Motley Fool Investment Guide: Third Edition: How the Fools Beat Wall Street’s Wise Men and How You Can Too” by David and Tom Gardner (Simon & Schuster, $22). The Motley Fool’s first book, now updated, offers guidance on how to evaluate companies and invest in stocks and/or index funds.