Have you ever paid attention to your financial status? Do you have enough savings to pay the bills in case of an emergency such as an illness or car accident? Have you created a personal financial plan so that you can invest freely and retire without worrying about financial distress?

Here's why you should learn about money management right away and make yourself richer. And reading is our most mainstream way of learning, looking at other successful people's experiences and starting our way to get rich. So which books are suitable for you to study? Read our list of books about making money.

Top 20 Books about Making Money

1. Rich Dad Poor Dad by Robert T. Kiyosaki

"The key to financial freedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income."

If you asked me to pick the only must-read recommended book from this list, it would be this one. Rich Dad Poor Dad tells the story of a boy who has two fathers, one rich and one poor. Author Robert Kiyosaki's comparison of these two fathers showed two different ways of managing money, which also greatly changed the concept that the rich and the poor have nothing to do with each other. The author believes that the difference between the rich and the poor mainly lies in their financial management techniques and mentality.

This book teaches people the secrets of consumption and saving, makes people a different understanding of work and wealth, and enables readers to manage their money more intelligently. Although some of the plots have been controversial, it is undeniable that this is still an excellent book.

2. The Richest Man In Babylon by George S. Clason

“Advice is one thing that is freely given away, but watches that you only take what is worth having.”

The excellence of this book stems from the unique identity and experience of the author. George S. Clason was a brilliant soldier, businessman, and writer. Compared with the boring theories and vain suggestions of other economics books, The Richest Man In Babylon integrates investment knowledge into the Babylonian era and shows everyone in the form of fables how to solve financial problems and achieve financial freedom in that era.

Another feature of this book is its pragmatism. Compared with other inscrutable financial management books, this book tells about the financial problems that people often encounter in life, such as how to get rid of debts and how to choose suitable investments.

In addition, the book was published in 1926, and the financial knowledge presented in the book has been tested for nearly a hundred years. Therefore, the knowledge in this book is of reference value no matter which era you are in.

3. Your Money Or Your Life by Vicki Robin

"Conditions have changed, but we are still operating financially by the rules established during the Industrial Revolution--rules based on creating more material possessions. But our high standard of living has not led to a high quality of life--for us or the planet."

The author of the book, Vicki Robin, found that as the economy develops, the improvement of living standards does not improve people's quality of life, because people also have higher requirements for consumption, resulting in huge expenditures. So, Vicki Robin proposes a view that is very different from mainstream thinking: Living more frugally will improve your quality of life.

This book makes readers rethink their relationship with money, opening up a new way of thinking: We can improve our financial situation by changing our spending habits. Vicki Robin suggests people can spend more on the things they need and less on the things they don't. This helps people get out of debt and build wealth.

4. The Millionaire Fastlane by MJ Demarco

“Many people want to change their life, but they are not willing to change their choices, and ultimately this changes nothing.”

Don't be fooled by the title of this book. This is not a book telling people how to get rich quickly. On the contrary, this book is dedicated to changing people's deep-seated ideas and changing the relationship between people and wealth.

MJ DeMarco denies the traditional life model of getting a degree, finding a job, getting a salary, and retiring. He does not want to spend forty years accumulating wealth before living a rich life. He believes that retirement planning is inefficient and low-returning in the human life cycle. After all, no one wants to enjoy millions of dollars at the age of eighty. Therefore, MJ believes that it is necessary to get rid of the lifestyle of getting wages by the hour. Using unconventional risk-taking thinking, MJ encourages people to make highly profitable short term investments instead of saving and retirement planning.

In addition, the book also uses simple examples to describe the principles of market operation and how to avoid losses in the early stages of entrepreneurship. From this book, you will break through traditional thinking and find a new intersection between you and wealth.

5. Passive Income, Aggressive Retirement by Rachel Richards

“Thank you, student loans, for getting me through college. I don’t think I can ever repay you.”

As you can tell from the title of this article, this is a financial book dedicated to passive income. The author Rachel Richards believes that people should make increasing their passive income the priority of making money and get rid of the nine-to-five life. This book shows people another way to achieve financial freedom.

Passive income is a good way for retirees to earn income. They don't need to do active work. They can increase their income by collecting royalties, increasing rent, etc. This is not a way to get rich quickly, but a long-term financial management method.

6. Get Good With Money by Tiffany Aliche

In "Get Good With Money," author Tiffany Aliche teaches people how to get out of debt and improve their financial situation in ten steps. In this book, Tiffany tells the story of how she paid off her debts and got out of financial difficulties. This book is of great help to those who are just starting with unstable income and those who are in debt.

7. The ABCs Of Making Money by Alan Lysaught

This book by Alan Lysaught is a highly versatile financial book. In this book, the author provides some tested basic investment strategies, most of which are common sense methods, which apply to ordinary people.

8. The Millionaire Next Door by Thomas J. Stanley

“Whatever your income, always live below your means.”

Thomas J. Stanley wrote The Millionaire Next Door by studying several families with a net worth of more than one million dollars.

The authors argue that many of the million-dollar-plus individuals have low wealth accumulation, meaning their net wealth is low relative to their total income. Therefore, through this book, the author teaches people how to accumulate more net wealth from a fixed income, the most important of which is to live within their means, avoid impulsive consumption, reduce unnecessary expenses, and develop good savings habits.

9. Build For Tomorrow by Jason Feifer

The author of this book is Jason Feifer, the editor-in-chief of "Entrepreneur" magazine. He has a unique perspective. He wants to know how those successful people start again when they fail. To this end, Jason spent several years researching the most successful entrepreneurs, and he wrote their lessons and life journeys into the book, teaching readers how to adapt to the changes of the times. How to reinvent yourself, and more importantly, how to get rid of the shadow of failure and regain confidence. 

10. Finance for the People by Paco de Leon

The author of this book does not pay too much attention to investment strategies and skills, but starts with readers' concepts of money and experience in financial management, and teaches people how to build a strong financial foundation in a passive state. This book contains more than 50 charts and illustrations, allowing readers to learn how to manage money through practice, entertaining, and entertaining. Drawing on his own experience working in the financial world, Paco de Leon tells readers the insider expertise of the financial world with the most approachable expectations.

11. Think and Grow Rich by Napoleon Hill

"If you truly desire money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it. The object is to want money, and to be so determined to have it that you convince yourself that you will have it."

Without a doubt, this book is the most successful inspirational book in the world. The author Napoleon Hill interviewed the most successful rich man in two decades during the Great Depression and wrote a book about how to attract wealth and change lives. This book was published in 1937 and has influenced the lives of millions of readers today.

Think and Grow Rich challenges the traditional thinking that only those who are born into wealth can have wealth, and tell readers that they should first think about how much wealth they want to acquire, and then make plans based on this idea. This book shows you how to obtain wealth in an easy-to-understand way through the life experience examples of several rich people. 

12. Scarne’s Complete Guide to Gambling By John Scarne

John Scarne is a professional gambler who has worked as a gambling consultant in many countries. He devoted himself to the study of gambling skills, and in this book, he gives all the legal gambling skills he has mastered throughout his life. Whether looking to get rich at the casino or online gambling, his tips can help. What's more, he also uses examples to show readers which gambling techniques that people talk about are unuseful.

13. The Total Money Makeover by Dave Ramsey

“We buy things we don’t need with money we don’t have to impress people we don’t like.”

Dave Ramsey is a well-known radio host in the United States, and his radio show Dave Ramsey Show is popular all over the United States. He's been on a radio show as a stand-up show helping people out of debt and dealing with money issues.

The content of this book is also very similar to his radio show, in which he recommends that people set aside $1,000 in emergency funds. This book isn't about getting rich quickly, it's about how to deal with your debt, cut unnecessary expenses, and live within your financial budget.

14. The Intelligent Investor by Benjamin Graham

“Those who do not remember the past are condemned to repeat it.”

This is a book about stock investing, which Warren Buffett says is the greatest investment book in the world. When Warren Buffett was a student, he took Benjamin Graham's stock investing class, which taught him how to pick companies that were doing well and buy their stocks at low prices.

If you are not interested in investing in stocks, you don't need to read this book, but it is the most important book for all stock investors.

15. The Science of Getting Rich by Wallace Wattle

"No man can rise to his greatest possible height in talent of soul development unless he has plenty of money."

Published in 1910, the book served as the theoretical basis for many seminars on wealth for more than a century. The idea of the author Wallace D. Wattles is that your ability to earn wealth depends on how you view wealth. If you hate wealth then you will never be rich. Wallace believes that you only need to read this book about accumulating wealth and focusing on your work.

16. The 4-Hour Workweek by Timothy Ferriss

The author of this book, Timothy Ferriss, asks the question: Can you survive on only four hours a week? The book doesn't teach people how to only work four hours a week, but how to get rid of the 9-to-5 job and have more time to enjoy life.

Timothy Ferriss teaches people to think differently about work and understand the importance of work. At the same time, teach people how to reduce their workload, increase their relative income, and get more free time. He believes people should learn enough financial skills to enjoy life without being a millionaire.

17. The Simple Path To Wealth by JL Collins

Author JL Collins created this book for those who don't want to struggle with financial freedom. Everything comes from letters between the author and her daughter. The author's daughter does not want money to be her only concern but hopes that she can do other things she wants to do. Therefore, the author provides the simplest investment skills in this book, so that even beginners can conduct financial management most simply and achieve financial independence.

18. You Are A Badass At Making Money by Jen Sincero

This book is not about actual investment skills and steps, but about attitudes and beliefs in the face of money. This book teaches people to get rid of the idea that money is a demon and to see money in a lighter, egalitarian light. There is nothing wrong with chasing money. People should face up to their desires and develop a love for money, which will gradually lead them on the road to wealth.

This book is not so much a financial book as it is an inspirational book. It explores the mentality of many millionaires when they make money, and teaches people to get rid of their fear and re-examine money.

19. The Automatic Millionaire by David Bach

“The fact is, none of us really has a choice: We are all playing the money game whether we want to or not. The only question is: Are we winning?”

David Bach has written more than a dozen books, nine of which have been on the New York bestseller list, and this book is the most practical and best-selling of his books.

David believes that people's money can be accumulated little by little, and the same goes for investment. He points out that many millionaires started investing at an early age, and believes that anyone can invest a few dollars a day and build wealth over time despite modest incomes. So this isn't a book about getting rich quickly, but rather, it's about how to get rich slowly over the course of a lifetime and ultimately achieve financial freedom.

20. The Greatest Salesman in the World by Og Mandino

Published in 1968, this book is not an investment and financial management book, but an inspiring story. This book tells the story of how a poor camel boy became a successful salesman and lived a happy life, and there are many religious contents in it. But it teaches people how to develop good habits and adjust their mentality. The philosophy embodied in this book is of great help to financial management.

Why Should You Read Books about Making Money? 

The 2022 survey shows that many young people's financial situation is worrying, and investing in financial management can help people achieve financial independence and freedom faster.

According to social economists, people who read 7 books a year have a higher chance of becoming a millionaire. This is not only because there are many real experiences of rich people in the book, but also because the investment skills and financial mentality in the book are more practical. Reading rich people's experiences of becoming rich can help you view money correctly, understand the laws of market operation, get rid of debts, and achieve financial freedom. 

Final Thoughts

There are many books on financial planning, but these twenty books are carefully selected for you. They have different perspectives, cover different fields, and are suitable for different types of investors. Now, do you have an idea of how to get richer? Don't stop reading, and take action to make your investment and financial plan!