You might not work on Wall Street, and not even have your own IT start-up yet, but you can’t escape dealing with finance on a daily basis. It’s like water, air or full color TV absolutely indispensable to be alive and happy.
Be it considering moving to another city following a new job offer, saving for a summer vacation or planning a new project –knowing the principles of money and resource management will greatly benefit your decisions and open your eyes into why you still aren’t rich.
Nowadays you don’t have to go to university to master the most important finance concepts such as present value of money and annuities. The best minds are ready to teach you through MOOC courses for free and once you start getting into it you realize that it’s all common sense! We’ve already discussed the best Android apps for managing your finances and talked about useful and powerful finance software that will keep all your numbers under control. So today we’d like to share with you the list of the best finance books (both self-taught and related to financial sphere) that will make a great addition to your Kindle library and watch list.
The Science of Getting Rich
(By: Wallace Wattle )
This is a classical tried and true book that has been teaching all American and international financial gurus since 1910. Since that time the Earth hasn’t started spinning the other way, so these principles are still alive and kicking.
And if you believe that personal wealth begins with your mindset – then you will definitely share the author’s ideas.
Free Finance Courses on Coursera and Harvard platforms
The best educational institutions are willing to satisfy your intellectual curiosity and teach you basic finance principles as well as provide with practical tools and useful books or spreadsheets for free. Such courses offer great functionality and flexible timing. Most of the Harvard classes aren’t limited in time and you can follow them on your own pace, while Coursera platform is rich in student interaction and after video discussions.
Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By
(By: Cary Siegel )
If you aren’t thinking about finance in terms of business, start-up or global economy, then these basic money management principles will be just enough for you. The book is so simple and gripping, that it’s recommended for all ages: teenagers, adults and even pensioners.
Irrational Exuberance
(By: Robert J. Shiller )
Almost any company, be it a well-known Fortune 500 company or a recently created start-up, has to operate on a changing market and in unpredictable circumstances most of the time. This book will greatly compliment your existing finance knowledge with understanding of inevitable aberrations and volatility of the market that real business endures.
The Intelligent Investor
(By: Benjamin Graham, Jason Zweig, Warren E. Buffett )
This book is an all-time favorite desk companion of Warren Buffet and many other world renowned investors. While it’s not new, being initially published in 1949, it’s updated and modified version is still very relevant and can teach you making smart investment choices and look at the financial decisions from the long-term perspective.
Boomerang: Travels in the New Third World
(By: Michael Lewis )
Read this the next time you decide to take advantage of a cheap credit offer. The book talks about how 5 countries (Iceland, Greece, Germany, Ireland and USA) gave into this temptation of affordable resources and how their national particularities reacted to it. This is a must read for everyone who wants to prevent a crisis and make money by doing business right.
Secrets of the Millionaire Mind
(By: T. Harv Eker )
The popularity of “Top 10 millionaire habits” styled articles got into T. Harv Eker and he actually managed to write a pretty good book on what makes a difference between a “wanna-be-rich” and actually rich people. Discover practical financial tips from the person who’s been there and knows what modifications real life makes into primp and proper financial education.
My Maid Invests in the Stock Market…and Why You Should, Too!
(By: Bo Sanchez )
This easy to read and funny book will make even the most “non-math” people understand Stock Market and its inner principles. Ever wondered how absolutely ordinary people end up hitting the jackpot on Dow Jones? You can do it too after reading this book.
The 2007-2008 Financial Crisis in Review by Investopedia
It might seem that we talk about financial crises more than about financial growth. However, this is the modern reality – our generation lived through more crises and bank meltdowns than prosperities periods. The latest 2007-2008 crisis is the biggest world economy downturn we’ve lived through in person and thus represents the most educational value to you.
Movie “Other People’s Money” starring Danny DeVito and Penelope Ann Miller
Have you ever heard of such people as corporate raiders? This movie is about one. If you want to be prepared for the time when somebody comes to buy your company for cheap to later sell its assets – then make sure you know the plot of this movie by heart!
We suggest you start making friends with this complicated at the first sight but verylogical area, since having it all figured out will put your financial decisions in corporate and personal life to a whole new level. And when did you realize that you needed to brush up on your finance knowledge?
Mary Brians is a senior editor at EssaySamurai whose areas of expertise include diverse
Economics and Finance topics. Having understood the importance of financial principles
in his everyday life, he created a vacation school for young graduates where he teachers
youngsters basic MBA level finance knowledge.