7 Personal Finance Books You Need to Read This Summer

It’s summertime, and that means relaxing by the pool or on the beach. But before you pick up the latest paperback thriller to read by the water, consider giving your brain a little bit more of a workout. These 7 personal finance and self-improvement titles are not only entertaining and informative, but they can also help you end your summer with a better handle on your finances, career, and life:

End Financial Stress Now: Immediate Steps You Can Take to Improve Your Financial Outlook by Emily Guy Birken

This book starts with the radical idea that making a few changes to your current money mindset can help you end your financial stress for good—no matter your income. Guy Birken asks you to delve into your assumptions about money, backing her advice with academic research into the psychology of money. The book also offers actionable suggestions to immediately relieve acute financial stress while you’re doing the longer-term work of changing your money mindset. This book is an entertaining and nonjudgmental read that will help you better understand how you relate to money and how to improve that relationship.

Smart Couples Finish Rich, Revised and Updated: 9 Steps to Creating a Rich Future for You and Your Partner by David Bach

Bach has just recently revised and updated this classic book to make sure it has all the best information for modern couples. The book breaks down every facet of financial planning for couples, from determining your shared values and goals to the nitty-gritty details of how to get started in investing. Bach peppers the book throughout with engaging stories about his clients that any couple can relate to. This is definitely a book to read together with your sweetheart over the summer.

Don’t Bullsh*t Yourself: Crush the Excuses That Are Holding You Back by John Taffer

While not specifically a financial book, Taffer’s playfully crude book will help you make better decisions everywhere in your life, including in your financial choices. The book breaks down six different categories of excuses we make: Fear, Lack of Knowledge, Lack of Time, Circumstance, Ego, and Scarcity of Time or Resources. With each of these excuse categories, Taffer goes into detail about how we might “BS ourselves” into holding ourselves back from the things we really want to do. But Taffer doesn’t just point out the problem—each chapter ends with a to-do list of actionable goals and objectives to help you overcome the excuses.

Get Money: Live the Life You Want, Not Just the Life You Can Afford by Kristin Wong

Wong is a New York Times contributor and personal finance expert who has done the impossible: she has made learning about money fun! The book offers a series of challenges designed to boost your personal finance I.Q. and help to gamify money management. When you approach your finances as a game, it becomes easier and more enjoyable. With a wry, humorous tone, and plenty of personal anecdotes that reveal the author’s own financial struggles, reading Get Money feels like chatting with a good friend.

Broke Millennial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry

Millennials have a particularly tough financial row to hoe. But this guide written by a millennial for millennials offers great (and often funny) advice in a relatable, conversational tone. Lowry covers much of the basic financial information that any young adult might need, including ideal benchmarks to hit to be “on track” financially, breakdowns of various financial products, and how to overcome mental blocks about money. As Lowry promises, the book will help anyone new to “adulting” go from flat-broke to financial badass.

You Can Retire Early! Everything You Need to Achieve Financial Independence When You Want It by Deacon Hayes

This book offers a step-by-step primer on how to achieve FIRE (financial independence/retire early). The idea of becoming financially independent may sound like a pipe dream, but Hayes does an excellent job of outlining the specific skills and strategies you can use to retire when you want to. Not only does this book help readers to develop a personalized retirement plan (which is a must for anyone, not just early retirees), but it also gives good advice on selecting the right investment vehicles, maximizing income, and reducing debt, as well as strategies for how to stick to the plan—which is often the toughest part of any financial plan.

Invested: How Warren Buffett and Charlie Munger Taught Me To Master My Mind, My Emotions, and My Money (with a Little Help From My Dad) by Danielle Town

Town is the daughter of bestselling financial author and successful investor Phil Town, and she spent much of her life ignoring anything related to investing. But she realized that learning the ins-and-outs of investing would offer her a kind of financial freedom that no other skill could give her. She spent a year learning Warren Buffett-style value investing, and she teaches her readers how to do the same thing. This book will help you to invest your finances in companies with missions that match your values. Town avoids complex math and obsolete financial models, so that anyone can understand exactly how to master investment strategies without getting an MBA.

Leave a Reply

Your email address will not be published. Required fields are marked *