Malditah Musings

Top 10 Best Personal Finance Books Of All Time

While I was arranging the various personal finance books I've accumulated over the years, I can not help but wonder how can I put everything together in such a tiny little space. Then, asked myself, if I had a very small shelf of books that contain only 10 books, which books would I choose? I think really hard because to love reading books and I learned a great deal about life and money by ALL of them. 10 The book is the special full They changed the way I see the money and life! they inspired me to learn more about money and pursue financial freedom! There are similar books help you achieve your financial dreams!

Here is Rich Money behavior 'top 10 best personal finance books in all time!

# 10. 8 Secrets of real Rich by Bo Sanchez

One is special because it's written by a priest - and a famous preacher in the Filipino! Bo Sanchez is a best selling author of inspirational books in the Philippines. It is his first book that openly talks about money, business and investment.

What I especially like about this book, it tackles one of the most critical obstacles to making money - that is, how to target = "_blank" title = "reconcile money and religion"> reconcile money and religion. Living only in the majority Catholic country in Asia, it is very important for me to align what I think of whether religion or money. If not, I'll just have confused and end up going without.

The book is full of stories of how everyday practices of money you make rich or poor. It describes the most common perceptions we have about money. We are taught that money is the root of all evil. When we watch our favorite TV shows, rich people are often portrayed as greedy. They only got rich by "drug" change or some other "illegal" means. Because of these stereotyping, some of us unconsciously do not want to be rich! Who wants to be "bad" guy in our own soap opera called life?

As a result, a conflict within us. some of our internal dialog is

"I want to be rich ... BUT not so rich that my friends are angry with me and I does not have friends. "err ... want to be left alone?)

Or the most common,

"I want to be rich ... I'm so desperate and the only way for me to get rich is by winning a million dollars by venture. "

The great tragedy is not realizing that you have to be a bad way, or greedy, or be evil, or win the Lotto ticket to the rich - you only need to build rich behavior of money!

# 9. Multiple channels of Income by Robert G. Allen

This is one of the books I bought when I was in the U.S.. Because I love to reading the book of personal finance, I ordered a bunch of them online. I was able to get them cheaper because I look under the "used" books section. surprisingly, most of them are in relatively good condition and looks almost new!

The book was my first exposure to having multiple the revenue streams. For someone who worked as an employee for most of his life, I thought I could earn just from a stream of income - My job! I realized having only one stream of income is not very good idea because there's also just a way money can come to me - through my paycheck!

Having a lot of revenue streams is NOT required to have a second job, or even a third! Multiple revenue streams of the building systems so money to flow through your life. This means investing both your time and money to learn how to develop the system.

One way may be through real estate investments where you will get a "stream" of income from your monthly rent tenants. Another "stream" is portfolio can be getting income as "dividends" or "interest" from your stock or bond investments. And another "stream" can be from royalties received from publishing a book or a music recording if you are a singer. Having a lot of "medium" where the money can be come to you is certainly better than just rely on your "job" to make money. The challenge was how to use what you want time, capacity, and money setup revenue streams.

# 8. Secrets of the Millionaire Mind by T. Harv Eker

The great thing about the book it makes you realize what money habits you developed for the day you were born. It provides Subconscious thoughts control you from achieving financial success. Some internal dialog with yourself can be.

"I was not good enough. I do not need to cost anything financial. "

Or you can tell

"I'm poor because my parents are poor ... and my grandfather is very difficult and ... My great grandfather was poor ... so I will always be difficult ... "

You can not say it aloud. You just thinking about it. Worse, even if you may be aware of it. And you wonder why you will not need getting anywhere. As T. Harv Eker aptly put it

"... If your Subconscious 'financial plan' is not 'set' for success, without knowing you, you know nothing and nothing will make you much a difference. "

# 7. The 4-Hour workweek by Timothy Ferriss

This book speaks about the "New Rich", a group of people who have time, money and mobility to spend only 4 hours a week to produce money and live the life they want. The rest of their time spent on the things they love to do like dancing in Buenos Aires, scuba diving in Panama Basking in the Hawaiian or day.

Who does not want to spend only 4 hours of his time working instead of the usual 40 hours a week? Who does not want to have the luxury of time to do the things you really love? Who does not want to take a very long vacation on the beaches of Hawaii while your business is owner and money still coming from?

For employees, it provides practical tips on how to negotiate with your boss for a work-at-home arrangement. Also provides of ideas on how to plan your own "mini" retirements so the money is still coming in, without you around. It even discusses how you "outsource" your life!

The 4-hour workweek is easy to read. The idea is presented in a simple and uncomplicated way you feel reading a comic book. The book talk and funny. Reading it is like speaking to the author face to face. You can also find yourself laughing sometimes at the his jokes. (I know that I))

# 6. Rule # 1 by Phil Town

I picked up this book if on a whim when I was in a bookstore in Malaysia. The book explains investment in a very simple and clear way. This is not intimidating in any way. After reading this book, it made me realize that I need be afraid of investing. I just need to learn how to do it right.

Rule # 1 is "Never lose money."

Although the market going up or going down, do not lose money. Although it will have a market or recession, do not lose money. If you have billions or only a few hundred dollars in investment, will not lose money.

The book discusses some of the major myths about investment and provides simple strategies for successful investment while spending only 15 minutes a week. It tells about the five key number that actually count when determining the value of a trade or business. It even mentions important tool in the internet and the benefits of managing your own investments to achieve your investment goals.

I know there may be other investment books out there, but for now, this is the only one I came across made me understand the world of investments a little better.

# 5. The Richest Man in Babylon by George S. Clason

I came across the Richest Man in Babylon from reading Rich Daddy, Poor Daddy by Robert Kiyosaki. It tells about the ancient secrets of money. The book works the phrase "pay yourself first". In common terms, this means - saving. But it is over. The book tells us that any trade you, you CAN still "pay yourself first". If you have "money" in savings, you can have after "money" work for you.

But how can you save when your little money is not enough even to survive in? How do you set aside 10% of your income when you live in 110% of it? How do you "pay yourself first" when the creditors are coming after you?

Pay your first itself is certainly not easy. It takes extreme discipline. That is one of the reasons why it is not popular. But once you get the money rich customers control your money instead of it controlling you, your confidence builds up, see if you think you can do it then you can do. And as with anything related to money, it touches everything. Your health improves. to be successful in what you do. People will wonder why you always brimming with confidence. Even the richest man in every sense of the word.

Is not it great to walk to a store knowing you can buy anything you want because you have money (saved)? It gives you peace of mind knowing that if some emergency happening, you can easily rely on your saved "emergency fund"? It may be nice to can help your family or closest to you "to finance" for a change? That's the dream. And it begins paying yourself first.

# 4. The millionaire Next Door by Thomas J. Stanley Ph.D. and William D. Danko Ph.D.

This book is based on a comprehensive research into the habits of millionaires money. The results are surprising in the sense that most millionaires are not what our common expectations of them. As aptly described in the book,

"People can not be millionaires! They look like millionaires, they such as clothing millionaires, they do not eat like millionaires, they do not act like millionaires - they do not even have millionaire names. Where are the millionaires look millionaires? "

Many of the "next door" millionaires are first generation. They did not inherit their wealth, they built them. Some of them could not spend more than $ 100 for a watch. Others do not even wear a suit to work! They engage the kind of business which can be classified as dull-normal. Some are welding contractors. Some are rice farmers. Some are pest controllers. Others are coins and stamp dealers.

What separates "the next door "to other millionaires is their money habits. They are economical in nature. They cost money. they invest at least 20% of their income. They even have a "go-to-hell fund" that can provide for their expenses for at least 10 years without working at all.

I think most important lesson from the book is not that we know the actual millionaires are, but that benefit may be YOU! If they can do it, so can you! It's time to build your own money rich customers and become the "millionaire next door"!

# 3. Your Money or Your Life by Vicki Robin and Joe Dominguez

I bought this book out on a whim. actually I am looking for books "Outliers" by Malcolm Gladwell when I saw this book at 20% off.

The book tells about managing not only your money but looking at it in completely different ways. Your money is only important part of what your life is. There are also time. There's also your dream! What do you enjoy most? How you spend your money? What do you do with your time? 'd Still what do you even have all the money in the world?

The book emphasizes the management resources you have such money and time. It provides very specific tips such as tracking your spending and if each of the This is contributing to your goals or not. It also has some ideas on how to determine exactly what you want to do and manage your money and time to do you still love what you do and less of what you do not like. This is even some charts to help you out the picture and the plot which is to when you and your freedom day would be.

I think the main message of this book is not to choose money over your life or in other ways around - it is to have both.

# 2. Rich father, poor father Robert T. Kiyosaki

As mentioned in my financial story "> personal finance stories, this is one book that made me realize I really need to make the rich behavior of money to achieve financial freedom. The book is a story of growth in learning about money from two different dads: one rich and the other one is difficult. The story unfolds to describe the different behavior of money and the rich father poor father, each doing different financial results.

The book makes a very complex world of money and business simple lung. It is so simple that the idea is explained in a child using only less drawings. The drawings illustrate how the cash flows from pocket to your bank when you pay your bills, and how it flows from your company with you when you get your paycheck.

What do you the money after you received it determines whether you become rich or poor. Do not use the money to buy assets such as investment in real estate business or setup? Or use it to buy the responsibilities of a brand new LCD TV in 12-easy-monthly-fee-to-zero-interest!

The reason I liked the book because it inspired me to become better and to view the business and money in a totally different way. It expanded my understanding how money really works! Most of all, it gave me the confidence to dream again!

# 1. Think and Grow Rich by by Napoleon Hill

Think and Grow Rich is one of the first book I read about money. The main message of the book is that you have to "think" about money before it becomes real. This is a direct translation to the phrase "what your mind can conceive, your body can achieve ". If you really think about money and you are" burning desire "to make it real, all the universe conspires to build ways to bring it to you.

Money is, first and foremost, only an idea. It is not real. Hold money when you buy a bag of groceries just as real number of "mutual" agreement to other people that the paper you are holding is worth something of value to equal that you are buying.

The book does not say "Work Hard and Grow Rich". Working hard means different things to different people. For An employee who does not like what he is doing and just paid very little, all "hard work". For someone what love was, "working" is not in his vocabulary.

As Henry Ford said,

"Thinking is the hardest work there is, which is probably the reason why so few engage in it. "

There you have it! Rich Money practices' top 10 best personal finance books of all time!

PS How about you? What is the best personal finance books to read?

About the Author

Allan Inocente is the owner of Rich Money Habits by akosiallan.com. You can learn more about him at http://www.akosiallan.com/about