23 Apr The 5 best financial education books of 2021
You have probably noticed, when you leave high school or university, how little most people know about finances.
They teach us about history, law, economics in a very theoretical way, but nobody teaches us anything about how to have good financial health or how to save money.
Therefore, it would not be a bad idea if they included a subject on finance in school or any university … And, who knows, seeing the popularity that companies oriented to finance and technologies (fintech, insurtech) are gaining every year, it probably won’t take long to see finance-related subjects emerge.
And this is what we all hope, although it is something that we do not have yet, so much that today among the most ignorant countries on the subject.
That is why today we want to find a quick solution to the problem and illustrate the 5 best financial education books of 2021 that we are sure will be your best allies during your personal and economic growth.
Best financial education books
1. Secrets of the Millionaire Mind
We think this is the book you can’t miss if you want to become a millionaire in a couple of years, as happened to its author T. Harv Eke.
In “Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth“, the author explains how to identify and review your money plan to significantly increase your income and accumulate wealth.
How the author explains, to make us rich, we have to get rid of limiting beliefs that we have around money.
You may never have wondered, but if you look at the people around you, you’ll see how some of them seem to get rich easily, while others are destined for a life of poverty and financial struggles. Why is this happening?
Because each person has a personal money plan rooted in their subconscious that will determine our financial lives. According to T. Harv Eke if your money plan is not set up for a high level of success, you will never have much money.
So, by reading this book about the secrets of millionaire minds you will learn to identify and review your own money plan to generate income and grow them continuously.
In short, according to T. Harv Eke, if you start thinking like the rich, you’ll be much more likely to become a rich person.
2. Rich Dad,Poor Dad
This book by Robert Kiyosaki seems to be the number one book of all real estate investors.
According to Kiyosaki, if you don’t want to spend your whole life working for others, you will have to leave your comfort zone and make a change in your life by changing the mentality with which you see money and wealth.
In Rich Dad,Poor Dad, Kiyosaki talks about what he learned from his friend’s father (the rich dad) and from his own father (the poor dad) and the ways in which both men shaped their beliefs about money and investments.
According to the author, it is not necessary to have a high income to be rich. The rich make money work for them.
The secret is to understand how to better use our mind and time to create our wealth and, above all, get out of what Kiyosaki calls the Rat Race.
3. ¿Why Didn't They Teach Me This in School?
Cary Siegel, author of “¿Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live”, decided to write this book when he realized that schools had not taught their children how to handle money. In his book, Siegel explains the 99 principles of money management and, although 99 may seem a lot, the author has summarized them in eight general lessons.
These are basic concepts, expressed in very simple terms so that any student can easily understand them.
If you’re wondering why we think it’s a book you need to read, you’ll find the answer in the fact that Siegel retired at the age of 45… Well, it wasn’t so bad.
4. The Millionaire Next Door
In this book, William D. Danko and Thomas J. Stanley, business professors, conducted a research to discover the seven common traits found among millionaires so we can figure out how to earn and accumulate wealth. According to research, most of these rich people don’t live in Beverly Hills or drive fancy cars, and they acquired most of their wealth by working hard, living frugally and saving most of their money.
In the book, the authors emphasize how to get rich without a job or high profile title.
5. Think and Grow Rich
Think and Get Rich is a book by the American writer Napoleon Hill, published in 1937.
With more than ten million copies sold, it is known as the most famous and effective method to make money.
More than 500 of the most successful people in the United States were those who revealed to the author the origin of his fortune.
In the book, Napoleon Hill put together his ideas in 13 principles that today contribute to what Hill calls a “Philosophy of success”.
The 13 principles of Napoleon Hill’s success are as follows::
- Specialized knowledge
- Organized planning
- The power of the mastermind
- Sexual transmutation
- The subconscious mind
- The sixth Sense
Today Think and Grow Rich has become a fundamental book for entrepreneurs, executives and thinkers.