Written By Marika Stimac
Here’s the thing… you aren’t going to get ahead if you don’t put in some learning time.
The whole part of becoming financially confident is gaining new knowledge. Sure, you could talk to your family, friends, or get coached and gain a new perspective but in order to brush up on your financial literacy game, it’s good to pick up a book.
I’ve been reading personal finance books for as long as I can remember. My first was “The Wealthy Barber” by David Chilton. I went to open my first investment account immediately after reading it! This is what good books do, they inspire you to take action. Now more than ever we have tons of exposure to these books, and get to decide who resonates with us. Some will talk solely about investing and some may help you dig deeper into understanding your money stories or limiting beliefs around money. What’s great is you can decide what you want to learn here.
I always recommend finishing the book. You never know what golden nugget of financial life changing information could be in just once sentence throughout a book.
Here are a few of my favorites and a quick description.
MONEY MINDSET
Think and Grow Rich by Napolean Hill
An inspiring, eye-opening book that will train you to reset your thoughts and actions to get what you want in life. Read with an open mind and heart. Lines such as “Don’t wait. The time will never be right” are scattered throughout the book. You will feel enlightened and empowered to conquer your thoughts and life in a newfound way.
You Are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero
If you would like a laugh out loud book on money, this is the one for you! Easy to read and very enjoyable. After reading it you’ll feel empowered to give up your doubts and make some shifts in your money mindset.
Everyday Millionaires by Chris Hogan
This book will inspire you to rethink what the term “being a millionaire” really means. It’s relatable and practical. You will be persuaded to reframe how you should proceed to millionaire status and hopefully see that it is attainable.
The Psychology of Money: Timeless lessons on wealth, greed, and happiness by Morgan Housel
This book explores the way people think and behave around money. It dives into our weaknesses revolved around money and how we can get out of that mindset. It’s relatable and easy to read.
Money, and the Law of Attraction: Learning to Attract Wealth, Health, and Happiness by Esther Hicks, Jerry Hicks
If you are into manifesting – this is a fun one. It will give you tips on how to listen to your inner self and reframe your thoughts. It is more difficult to read, and you may not agree with everything in it, but the general point is we control our inner voice around money.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin and Joe Dominguez
This book teaches you how to determine your worth vs. money. You will figure out how to formulate how much your time is worth in money and then implement that in your daily living.
Money, A Love Story: Untangle Your Financial Woes and Create the Life You Really Want by Kate Northrup
Such a great book on how to build up a wonderful relationship with money. You will figure out why you feel the way you do about money and how to make changes if necessary. Valuable tips on getting out of debt and coming up with a plans.
FINANCIAL MANAGEMENT
Money Honey: A Simple 7-Step Guide For Getting Your Financial $hit Together by Rachel Richards
This is a fun book to read book on some of the important things to do with your money. Great tips and relatable insights.
Broke Millennial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry
This is an enjoyable, relatable read with helpful tips for 20-30 year olds. It explores the different options of money management and how you are actually in control of your money life.
Keys to Financial Confidence: Unlock Your Best Life by Marika Stimac
Oh look… it’s MY book! 😛 Coach yourself into finally figuring out what you want from life and how to make sure you have the financial means to achieve it.
Talk Money to Me: How to Save, Spend, and Feel Good About Your Money During COVID and Other Times of Financial Distress by Kelley Keehn
Great guide for Canadians seeking some solid financial management advice. She helps you get rid of any guilt you might have around money and allows you to recognize mistakes are normal and part of the whole process on figuring your financials out.
30 Days to Financial Excellence: Learn to Master Your Money Like a Personal Finance Pro by Inge Natalie Hol
Easy to read action based financial management book. Yes, you will feel better about your money after 30 days.
Worry-Free Money: The guilt-free approach to managing your money and your life by Shannon Lee Simmons
A fun book to read inspiring you to get your act together and get over some of the guilt that you’re holding on to. This book will give you hope and provide you with some practical advice.
I Will Teach You to Be Rich: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works (Second Edition) by Ramit Sethi
Whoa Ramit! No B.S is right. This book had A LOT of valuable information. Fun to read and had some great “wake up call” moments. Great stories in it as well.
INVESTING
The Latte Factor: Why You Don’t Have to Be Rich to Live Rich by David Bach and John David Mann
Love this book! You could read it in an afternoon and come out inspired to start investing. It’s great to pass on to the younger generation.
The Automatic Millionaire: A powerful one step-plan to live and finish rich by David Bach
Practical advice on why you should set your investment account on automatic payments. Inspiring and easy to read.
The Simple Path to Wealth: Your road map to financial independence and a rich, free life by JL Collins
Great guidance for investing, makes it seem simple and straightforward.
The Richest Man in Babylon: The Success Secrets of the Ancients - the Most Inspiring Book on Wealth Ever Written by George S. Clason
You can read this in an evening. It’s interesting and will you draw enough to convince you to keep reading. Good points and common-sense knowledge.
The Intelligent Investor: The Definitive Book on Value Investing by Benjamin Graham
This book looks like a doozie, and it is. I recommend the audiobook, but it’s also 17 hours long, so make sure you have time to listen to it. It’s good for understanding investment behavior and how investing actually works.
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert T. Kiyosaki
If you’re looking for various options for investing... this is the right book. Super inspiring and straight forward. GREAT tips and advice.
The Wealthy Barber: Everyone’s Common-Sense Guide to Becoming Financially Independent and The Wealthy Barber Returns by David Chilton
Best investment book written, in my opinion. Easy to read and understand, with practical advice. Neat storyline.
Unshakeable: Your Financial Freedom Playbook by Tony Robins with Peter Mallouk
This one is BIG read, but the main point is that you need to be involved in your investment strategy.
Invested: How I Learned to Master My Mind, My Fears, and My Money to Achieve Financial Freedom and Live a More Authentic Life (with a Little Help from Warren Buffett, Charlie Munger, and My Dad) by Danielle Town, Phil Town
Danielle Town is relatable and truly gets it. This book is very inspiring if you want to learn how to DIY invest.
FOR WOMEN
Clever Girl Finance: Learn How Investing Works, Grow Your Money by Bola Sokunbi
Great book with great advice.
Her Money Matters: The Missing Truths From Traditional Money Advice by Jen Hemphill
This is another wonderful workbook for figuring out your true intentions for your money. It’s filled with great questions and I love all the advice she gives. Really good book. Easy to get through.
We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power by Rachel Rodgers
YES! Yes, we should. Very empowering and practical advice. My biggest takeaway was building your network and how important that is for women.
Rich Bitch: A Simple 12-Step Plan for Getting Your Financial Life Together...Finally by Nicole Lapin
Great practical advice and the push you need to make some changes for yourself as a woman.
Lucky Bitch: A Guide for Exceptional Women to Create Outrageous Success and Get Rich, Lucky Bitch!: Release Your Money Blocks and Live a First-Class Life by Denise Duffield-Thomas
My favourite book. Actually. I love Denise Duffield-Thomas, she is so down to Earth and says these things that are a little out there but so on point for me. Her book is SO INSPIRING and fun to listen to or read. She comes up with some really neat, simple effective tricks that will actually change your life.
DEBT AND SPENDING
The Recovering Spender: How to Live a Happy, Fulfilled, Debt-Free Life by Lauren Greutman
This is a fun (and potentially relatable) book to read. Good tips on how to stay out of debt!
The Year of Less: How I Stopped Shopping, Gave Away My Belongings, and Discovered Life Is Worth More Than Anything You Can Buy in a Store by Cait Flanders
She also gave up alcohol. This was an interesting read and might give you different perspectives on certain things.
The Spender’s Guide to Debt-Free Living: How a Spending Fast Helped Me Get from Broke to Badass in Record Time by Anna Newell Jones
Inspiring. If you are an out-of-control spender – this book will be incredibly helpful for you. Included are wonderful tips to get you on track.
BONUS BOOKS
Everything Is Figureoutable by Marie Forleo
Love Mario Forleo. This book is so fun to read and gives you that extra push you need to do what you want in your life!
The Top Five Regrets of the Dying: A Life Transformed by the Dearly Departing by Bronnie Ware
The title mirrors the content, but while the stories are sad, they are also eye-opening. Grab a box of tissues and get ready for the change in your everyday life after reading this book.
The 5 Second Rule: Transform your Life, Work, and Confidence with Everyday Courage by Mel Robbins
If you aren’t as motivated and need a push to get on things – read this book and believe and DO what she says. Just try it for a day and see what happens.
Happy Reading! 🤓📚
Marika Stimac
