Best Books on Building Wealth

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Best books on building wealth help us become financially smarter and they are rich in practical advice, relevant information and inspiring stories. Some of the best books on wealth include Rich Dad Poor Dad by Robert T Kiyosaki, Money: Master the Game by Tony Robbins, The Barefoot Investor by Scott Pape, The One Page Financial Plan by Carl Richards, and The Intelligent Investor by Benjamin Graham.

Rich Dad Poor Dad by Robert T Kiyosaki

Rich Dad Poor Dad by Robert T Kiyosaki depicts the story of a boy with two fathers: one rich and one poor. It focuses on developing the mindset and financial knowledge we need to build a life of richness, exuberance, luxuriance, wealth and freedom. “The main reason that over 90 percent of the American public struggles financially is because they plan not to lose. They don’t play to win”, says Robert T Kiyosaki. The all time personal finance best seller is based partially on Robert T Kiyosaki’s life, who learned different ways of handling money from his dad and best friend. Rich Dad Poor Dad concentrates on accounting, budgeting, investing and managing money. It teaches investors to use their money to acquire assets, managing risks instead of avoiding them and working to learn.

Money: Master the Game by Tony Robbins

Money: Master the Game by Tony Robbins describes seven simple steps to financial freedom, based on the advice of investors who are rich among the rich. It includes everything like mindset changes, saving tips and asset allocation. “You either master money, or on some level, money masters you”, is the favourite quote of Tony Robbins. The transcripts of the interviews are really worth the price of book and it advises investors not to underestimate the power of compound interest. Money: Master the Game tells us that financial freedom including basic expenses, basic + fun, and financial independence is within our reach.

The Barefoot Investor by Scott Pape

The Barefoot Investor tells the story of an Australian boy who took charge of personal finances with a simple system to eradicate debt, live in the present and retire in peace. “You can continue living in the past, beating yourself up about the money mistakes you made when you were younger, telling yourself you have left it too late….or you can rise up and make yourself proud”, says Scott Pape, the author of the Barefoot Investor. Scott Pape is Australia’s renowned personal finance expert with illustrious legacy and impeccable credentials. His book has sold more than one million copies and it makes use of simple life as a metaphor for managing money. Planting, growing and harvesting money has become quite simple with the release of The Barefoot Investor by Scott Pape.

The One Page Financial Plan by Carl Richards

The One Page Financial Plan by Carl Richards makes financial planning very easy and it is an ultimate guide on managing personal finances. It advises investors to turn budgeting into a game to make saving fun and paying off debt as an investment for future. Carl Richards is an influential  financial writer and his book helps people to develop a simple and actionable plan. The One Page Financial Plan by Carl Richards was well received and Carl Richards is a certified financial planner who gives precious financial advice. It is an excellent book for understanding financial planning and the book’s conversational tone is loved by readers.

The Intelligent Investor by Benjamin Graham

The Intelligent Investor by Benjamin Graham elaborates value investing, which is focused on generating steady and long term profits. “Those who do not remember the past are condemned to repeat it”’, says the book’s author Benjamin Graham. The Intelligent Investor by Benjamin Graham is one of the best books on investing ever written. It has been regarded as a true and timeless classic on personal finance. According to Benjamin Graham, there are three principles to intelligent investing, analyze for the long term, protecting ourselves from losses, and not going for crazy profits.