“I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died.”
As we all know, managing our finances can be a struggle, especially with the increasing cost of living and inflation rates. It’s no secret that most of us feel like our paycheques don’t last as long as they used to and our pockets don’t stretch as deep as they once did. Nevertheless, there are still opportunities available to save money and accumulate wealth.
At What We Reading, we want to help you on this journey by sharing the top eight books on how to make money that you need to read in 2023! These books are guaranteed to provide you with valuable insights, tips, and strategies that you can implement to achieve financial stability and success. So, join us as we delve into the world of financial literacy and unlock the secrets to financial success!
Passive Income, Aggressive Retirement – Rachel Richards
If you’re new to the world of making money, you’ll want to check out Rachel Richards’ Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence (& how to get started). Although the title might not be the catchiest, this book is perfect for beginners. Passive income expert, Rachel Richards, shares her expertise and provides a step-by-step guide on how to set up a successful portfolio to secure your financial future.
Richards’ friendly tone and expert insights make this book easy to read and understand. In this book, you’ll learn how to identify your strengths, explore different passive income models, and implement the SCRIMP model. Richards also emphasizes the value of perseverance and constant learning in achieving financial independence.
Everyday Millionaires – Chris Hogan
If you’ve ever wondered how millionaires are made, Chris Hogan’s Everyday Millionaires is a must-read. Hogan’s book debunks the myth that all millionaires are born with silver spoons in their mouths. Instead, he shows that anyone can achieve millionaire status by perfecting the art of investing, avoiding debt, and accumulating wealth.
The inspiration behind this book comes from Hogan’s study of 10,000 self-made millionaires across the United States. What’s interesting is that the majority of these millionaires didn’t grow up in wealth; they had to work hard to get where they are today. Using real-life case studies, Hogan puts together an inspirational work that is perfect for anyone who aspires to become a millionaire.
Simple Wealth – Holly Morphew
Simple Wealth: The Practical Guide to Transform Your Relationship with Money and Live in Abundance is a personal finance book written by Holly Morphew, an Accredited Financial Counselor with a wealth of knowledge in the field. The book covers all the essential aspects of personal finance that Morphew has amassed throughout her career.
What sets this book apart is its deeply authentic approach. Morphew shares her own struggles with money, giving readers a personalized story that they can resonate with. By exploring her own mindsets and core values, she delivers a powerful message about the importance of gratitude, giving, saving, and paying off debt. This book is a must-read for anyone who wants to transform their relationship with money and live a life of abundance.
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The Simple Path To Wealth – J.L. Collins
Looking for a book that can help you gain financial stability and pursue your life goals? Look no further than J.L. Collins’ The Simple Path To Wealth. This book is widely regarded as one of the best resources on how to make money and achieve financial independence. What’s great about this book is that it’s designed for people who are more interested in gaining financial stability than making millions and retiring early to live on a beach somewhere.
Collins drew inspiration for the book from a series of letters he wrote to his daughter, which adds a personal touch to the content. The Simple Path To Wealth strikes the perfect balance between pragmatic responsibility and idealism, making it a valuable resource for anyone looking to achieve financial independence.
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The Automatic Millionaire – David Bach
Looking for a simple guide to help you line your bank account with seven figures? Look no further than The Automatic Millionaire by David Bach. This short but comprehensive resource covers all the basics when it comes to understanding how wealth is accumulated through daily opportunities that only need to be taken advantage of.
As the name suggests, The Automatic Millionaire shows you how to automate your finances and make your money work for you, rather than the other way around. The book has been updated to reflect new opportunities around taxes, investment opportunities, and technological advancements that have made making money even easier. With this updated information, you’ll have everything you need to build your own path to financial success.
The 4-Hour Workweek – Timothy Ferriss
Are you tired of the 9-5 grind and looking for a way to escape the monotony and enjoy life more? If so, Timothy Ferriss’ The 4-Hour Workweek is the perfect book for you. In this pragmatic step-by-step guide, Ferriss shows readers how to find purpose, manage their time more effectively, and network more successfully with better partners.
Filled with actionable tips and tricks, this book doesn’t aim to make everyone millionaires but rather helps readers spend less time in the corporate world and more time doing the things they love. Ferriss’ approach is grounded in hard work and practicality, making this book accessible and useful for anyone looking to make a change in their life.
The Psychology Of Money – Morgan Housel
When it comes to making money, people’s perception of personal finance can be a major barrier. In The Psychology of Money, award-winning journalist and author Morgan Housel sets out to challenge the idea that wealth is inherited and not earned. Through a series of engaging and thought-provoking essays, Housel explores how our attitudes toward money are shaped by early experiences and mistakes, and how envy towards others can lead to false perceptions.
The book is a valuable resource for anyone looking to understand the opportunities that everyday life presents, and how our behaviours can either help or hinder our ability to build wealth. Whether you’re just starting out or looking to improve your financial situation, The Psychology of Money offers insights and strategies that can help you achieve your goals.
Stacked – Joe Saul-Sehy And Emily Guy-Birken
Stacked: Your Super Serious Guide to Modern Money Management, a collaboration between podcasting legend Joe Saul-Sehy and bestselling novelist Emily Guy-Birken, stands out from other how-to-make-money books due to its funny and approachable approach to personal finance.
The book takes out the stresses that are often present in these types of reads, making it a more enjoyable experience for readers. It doesn’t provide an intensive crash course like other books, but instead offers a more leisurely pace that readers can dip in and out of.
Part-time reader, part-time rambler, and full-time Horror enthusiast, James has been writing for What We Reading since 2022. His earliest reading memories involved Historical Fiction, Fantasy and Horror tales, which he has continued to take with him to this day. James’ favourite books include The Last (Hanna Jameson), The Troop (Nick Cutter) and Chasing The Boogeyman (Richard Chizmar).
