5 Books to Master Your Money

in LeoFinancelast year

Money is the first and utmost need of our lives. Everybody wants to earn and save money. Everybody want to be rich. So today I'm going to tell you about 5 books that will teach you what is money and how you can earn it. These books will clear your visions about richness and how you will become rich.

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Image by Thomas Breher from Pixabay

Here you go,

1. The Richest Man In Babylon

This book gives us many lessons and the biggest one is "increase your wallet weight" means you have to invest in your self. There is a very beautiful quote in this book "A Part Of All You Earn Is Yours To Keep". This quote simplifies and exemplifies that one need to know about money. You need to aside a small amount of your salary for yours only which you can use it to invest. This book is written by George. S. Clason.

2. Rich Dad Poor Dad

This book is very important for start up and business point of view. This book teaches us learn to take a risk specially in money case. If the decision is not in your favour then it's ok just move on and think it you Learned from that loss. This book also give us the lesson that emphasize on saving. Saving is more important than how much you earned. This book is written by Robert T. Kiyosaki.

3. The intelligent Investor

If you want to sincerely want to invest in stock market then you have to learn this book. This book is full of fundamental lessons one needs to learn to invest rationally. This book tells us first analyze the company financial report and them invest. This books is written by Benjamin Graham.

4. Just Keep Buying

In this book, the author tells us many secret things one of them are : Taking loan is not bad it depends where you use it. This book teaches us, don't buy a house with your total retirement just buy when you actually need in your financial and current life. You can learn from this book when, where and how you invest in stocks. The author of this book is Nick Maggiulli.

5. The Psychology Of Money

This book tell you the nature of money. On of the learning of thing is the art of compounding. It's beautifully explained that if you save even small amount of money you will be rich after couple of years. This book is completely opposite to how people are creating and investing now a days. People thinking that today we invest and tomorrow we will get the 100% reward. This is note the way how finance work. The author of the book is Morgan Housel.

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Surprisingly, I returned the last book you mentioned to the owner which i borrowed it from yesterday, though I couldn't finish it due to so many activities surrounding me.

I think there was a story of a guy who the author mentioned to have bad habits of spending. If my memory serves me right, he gave out money some to hostel/restaurant staffs or he tried impressing them, which I can't remember much 😂.

But such books are really great to read and thanks for sharing @ikrahch.

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