Books can help you make more money.
Building the habit of reading every day has proved to be a game-changer in my life. I started reading books when I was 17 years old.
This was the time at which I was introduced to the world of self-development. Money-making books have helped me attract more money and wealth.
Want to know the 10 books that can make you more money? You've come to the right place!
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Do you have the desire to make more money?
I believe that one of the best ways to take control of your finances is by investing in yourself. Financial education creates financial freedom. When I was younger, I had a scarcity mentality. Because I grew up in a family where we didn't have a lot of money, I created a story that money was the enemy.
At the time, I couldn't see how this scarcity mentality was negatively affecting my ability to attract more money into my life. However, once I knew where my money scripts were coming from, I felt empowered to change them.
Money scripts are the internalized and unconscious beliefs we have about what money is, what it is not, what it can or cannot do, the role we play in it, and the role it plays in our lives. Not surprisingly, these scripts form in childhood and end up influencing our financial decisions in adulthood.
Nobody taught me about money in school. Rather, I learned about money from millionaires, multi-millionaires, and billionaires who wrote books about financial wealth. I extracted the mindsets of financially successful people, which ended up laying the foundation for my own financial success.
I promise that these 10 books will set you up for long-term success, financial wealth, and abundance in your life. Since reading many of these money-making books, I have gone on to make millions of dollars in my business. Let's dive in!
1. Think and Grow Rich, Napoleon Hill
This book was written over 100 years ago. Napoleon Hill was hired by Andrew Carnegie who, at the time, was the richest man in the world. Carnegie sent Napoleon Hill to interview the most successful people in the world, which provided the framework for the teachings inside this book. This book will help you master your money mindset.
2. Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!, Robert Kiyosaki
In this book, Robert Kiyosaki shares a story about his Rich Dad and his Poor Dad. His Poor Dad, who was his biological father, had a belief system that was similar to the rest of society – go to school, get a good education, work until you're 65 years old, and then retire.
Robert also learned from his Rich Dad, who was his friend's father. He instilled within Robert the belief that he should start a business of his own as a way to create financial abundance. Inside the book, Robert teaches a lot of core money concepts related to assets and liabilities which helped me change my relationship with money.
3. MONEY Master The Game: 7 Simple Steps to Financial Freedom, Tony Robbins
In this book, Tony Robbins interviews the top 50 richest financial investors in the world, some of whom include Warren Buffett, Ray Dalio, and Jack Fogel. This book laid the foundation for a lot of my beginner investment decisions related to index funds. It taught me about the value of paying myself first and compound interest. This is quite a lengthy read, but Tony also has a smaller version of this book, called Unshakeable.
4. The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime, MJ DeMarco
This book dispels the traditional long-term approach to creating wealth. Instead, it teaches you that the most financially successful people didn't become wealthy by getting rich slow.
The teachings inside of this book have contributed a lot to the success that I've created in my business. I use the mindset that DeMarco talks about, in conjunction with my long-term wealth creation and investment strategies.
5. The Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth, T. Harv Eker
This book talks about the mindset of being a millionaire and helps you understand what your money blueprint is. Think of your money blueprint as your baseline of how much money you think you're worth.
Once people go beyond their baseline, oftentimes they will self-sabotage and bring themselves back to where they think they should be. Your blueprint is based on the people whom you surround yourself with. If you look at the top five incomes of someone's friends, you can tell how much money they make.
6. The Richest Man in Babylon, George S. Clason
This book gives you financial advice through a collection of stories set in ancient Babylon. Clason teaches you the basics of how to allocate your money and pay yourself first. Inside his book, he offers simple-to-understand solutions to your personal financial problems so that you can become a better financial planner and create long-term wealth.
7. Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom, Robert Kiyosaki
You should read this book after you read Kiyosaki's first book, Rich Dad Poor Dad. This book shares four different quadrants – employee, self-employed, business owner, and investor. Kiyosaki describes that you do not want to be the employee or the self-employed.
This is otherwise known as the rat race, where you are living paycheck to paycheck and trading your time for money. Kiyosaki encourages people to be a business owner or investor. These types of people work on their businesses, not in them. He calls this way of life “the fast track.”
This is when you can pursue your dreams and create financial freedom. He's also got a great board game called Cashflow that I encourage you to purchase. It will teach you a lot about investing, money, and financial education.
8. The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich, David Bach
This book shares some of the same principles as the other books I've mentioned above. However, there is still value in reading it.
Inside his book, Bach talks about the value of paying yourself first, automatically. He says that you want to hold onto at least one hour a day of your income, which works out to about 12.5 percent of your pretax income, to save and invest. If you do that, over time, he believes that you will become an automatic millionaire.
9. The Wealthy Barber: The Common Sense Guide to Successful Financial Planning, David Chilton
This is one of the biggest, best-selling financial-planning books of all time. I first read this book when I was 18 years old.
Inside, it explains the story about a guy who goes to a barber and gets financial advice, and the barber ends up becoming a millionaire. Chilton walks you through the steps of how to better manage your money so that you can take control of your financial future.
10. The Millionaire Next Door: The Surprising Secrets of America's Wealthy, Thomas J. Stanley
A lot of people have a misconception about how millionaires live their lives. A lot of them aren't flashy people. Many millionaires are very conservative with their money, just like the person next door.
An additional book that I suggest you read is called The 4-Hour Workweek: Escape 9-5, Live Anywhere and Join The New Rich written by Tim Ferriss. His book teaches you how to work smarter by outsourcing and delegating your work.
If you read these 10 books, you'll create financial freedom.
The more that you learn, the more that you earn. You owe it to yourself to be financially educated and responsible. If you take action on the information that is found in these books, you will position yourself for long-term financial success and abundance.
I encourage you to choose 5 of the 10 books I've talked about and go deep with them. If you want to study a specific approach to making money, I suggest reading books by investors like Warren Buffett, Ray Dalio, Peter Lynch, George Soros, or Sir John Templeton.
If you want to go deeper with business, study people like Sam Walton, Elon Musk, or Jeff Bezos. However, before you do any of this, get a solid understanding of how to manage your money so that you can create financial habits that will set you up for success.
Which book will you start reading this week?
Do you want to know how to invest your money and build long-term wealth? CLICK HERE to join my Life Mastery Accelerator program which includes videos on money and investing!
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