Best common sense -

“The intelligent investor”

Before his death, Benjamin Graham was a renowned professor known for his investing technique, and Jason Zweig writes "The Intelligent Investor," a column for The Wall Street Journal. This book takes the approach not of high ego and anything is possible but a realistic analysis with positive encouragement. It won't tell you how to make millions but allows you to understand how to not lose your shirt. The authors have gone for the must-read basics to help you start investing and keep you going for a long time. From recommended strategies and how to analyse stocks to a comprehensive history lesson about the stock market. Graham published the first edition of this book in 1949, and Buffett himself has called that version “the best book on investing ever written.” 

 

Best for Newbies-

"A Random Walk Down Wall Street”

Investing doesn't mean you have to devote majority of the hours of the day and extensive energy and thought to manage a broad, extensive portfolio. "A Random Walk Down Wall Street" is invaluable reading for people who are trying to get a handle on their first 401(k)s. First you have to learn to talk the talk, or at least understand what’s being said when someone else speaks it.

Malkiel’s book includes some useful definitions of investment terms, and it applies them to different investment strategies specific towards different stages in life. He emphasizes long-term investments rather than get rich quick schemes, and how to predict prices and avoid common mistakes.

 

Best book for beginners-

Rich Dad Poor Dad

 If personal finance is new to you, then you might want to check out the book “Rich Dad, Poor Dad.” This explains to you how mentality plays a large part in building wealth and financial education is also extremely important. This book advocates for real assets - not liabilities. It doesn't tell you how to build wealth while avoiding fast food and other liabilities but how to build a successful businesses that will create passive income for you. It’s not about asking for a five percent raise at your job, it’s about creating streams of income that will work for you.

 

Best Book About General Finance-

"Principles: Life and Work”

This No. 1 New York Times bestseller is written by one of Time magazine’s 100 most influential people in the world - Ray Dalio. Ray Dalio began his investment firm in his New York apartment. Forty years later, Fortune named his company, Bridgewater Associates, one of the five most important in the U.S.

"Principles: Life and Work" is one part an autobiography, another part instructional. In this book Ray Dalio shares his secrets and insights. He explains how businesses, individuals and organizations can adopt and implement a set of rules towards investing, life, your business and your finances in general. You will come to understand how he came up with such rules and his process of creating these rules through many years of work.

 

Best book for debt payoff-

Dave Ramsey has been a personal finance legend for decades, starting with the 1997 publication of his book, Financial Peace.

Page after page, Ramsey shares the incredible transformations of people who paid off thousands of dollars in debt. Hayes says the snowball method that Ramsey recommends made the biggest difference in their budget. Dave Ramsey's main point he try's to get across to anyone is pay off the high interest debt first, this then start the debt snowball. A great read for anyone with debt and is debating wether to invest or pay off their debts.

 

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