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Top 10 Wealth Creation Books to Have on Your Wishlist


What is your wealth creation strategy? Do you have one at all? If not, it’s not unusual. A lot of folks don’t have a wealth creation blueprint despite reading about money, finance, and investing. But today every working professional needs a financial plan. What do you do with your money? How much money do you save? What are your feelings regarding debt? How do you put your money to work? How much money do you need to retire comfortably? These are issues that every individual who earns a living must address. Let’s be honest. If you want to retire comfortably (not to mention live a luxury lifestyle), you must become wealthy and the eight books proposed in this post will assist you in doing so. If you read them, you’ll never have to worry about your own finances again.

1. The Automatic Millionaire 

David Bach’s pioneering finance book, The Automatic Millionaire, provides a simple approach that anybody can use to automate the majority of their financial life. We are frequently our own enemies when it comes to managing our finances, but it’s never been simpler to leverage technology to perform the hard work with your money, saving you both time and earning you more money since you’ll constantly be investing. Automatic Millionaire is without a doubt one of the greatest personal finance books available. There’s a reason why it’s sold over 2 million copies.

2. The Money Book For the Young, Fabulous, and Broke

Suze Orman saw a market niche in young people who had just graduated from college and developed a financial education book to teach them the keys to financial success. The Money Book for the Young, Fabulous, and Broke equips the uninformed with the knowledge they need to comprehend markets, credit, and homeownership in order to improve the awareness in young people who are frequently frightened by the masses of financial information available in the financial markets.

3. Common Stocks and Uncommon Profits

When it comes to stock market literature, this is a treasure from the golden age of investing. Phillip Fisher’s investment beliefs are regarded as one of the commandments for twenty-first-century investments. This book by one of the 1950s’ most important personalities is now more than 60 years old and still holds sway in the financial world. The ones you’ll find online are the author’s son Ken Fisher’s revised edition, which, although retaining the financial insights from the 1958 book, has been somewhat adjusted for the 21st-century investor.

4. Think and Grow Rich

This book, originally published in 1937, represents Napoleon Hill’s two decades of research. His studies started when Andrew Carnegie (the steel magnate and world’s richest man at the time) tasked him with developing a Philosophy of Personal Achievement. Hill set out to interview approximately 500 successful people, including Henry Ford, Thomas Edison, Alexander Graham Bell, John D. Rockefeller, George Eastman, William Wrigley Jr., and Charles M. Schwab, using just a letter from Carnegie as a starting point. Hill then shared the valuable information gained from his study in the form of the thirteen steps to success outlined in this book. 

5. Long-Distance Real Estate Investing

The author, David Greene, concentrates on the advantages of investing in out-of-state real estate holdings in this book. He debunks the misconception that you should only invest in real estate in the area where you reside. This is an excellent read for real estate investors looking to diversify their portfolios or invest abroad from home. If you reside in a high-priced area where investing in real estate is out of your price range, this book should be an absolute read for you. The author of this book has amassed a multi-million dollar portfolio by purchasing, selling, and managing more than 20 out-of-state properties which means there’s so much to learn from Greene’s experience and avoid typical real estate investment blunders. 

6. Ray Dalio’s Life and Work Principles

When one of the world’s richest people explains the concepts he used to achieve incredible success, you should pay heed to it. Bridgewater Associates, the world’s best-performing hedge fund, was created by Ray Dalio. It’s plausible to infer that these ideas originated from the experience of operating a successful company for more than 40 years. The core premise of the book is to treat everything as if it were a computer or an algorithm. If you have numerous algorithms set up for various types of situations, you can execute quickly and with less prejudice. This is the only way for people to plan for and achieve long-term goals.

7. Income Investing Secrets: How to Receive Ever-Growing Dividend and Interest Checks, Safeguard Your Portfolio and Retire Wealthy

Learn how to profit whether the market is rising, falling, or moving sideways. Learn how to avoid the financial risks and emotional stress of relying on the market for market price appreciation – capital gains. They arise sometimes — but they also vanish. The Dow Jones Industrial Average is getting close to the all-time high it set 10 years ago. These days, the buy-and-hold approach requires a great deal of patience. Income Investing Secrets recommends immediately rewarding yourself with recurring income from stock dividends and bond interest. It demonstrates the greatest, most reliable sorts of income-producing investments – as well as how to reduce risk.

8. The Index Card

Check out this book for a more contemporary, basic approach to personal finance. It condenses the fundamentals of money management into ten simple guidelines small enough to fit on a 4-by-6-inch index card. The concept arose from a 2013 interview with Olen in which Pollack casually said that the finest financial advice might fit on an index card. It sparked a deluge of demands for such a card, prompting the two to develop the concept into a book.

Pollack and Olen emphasize common-sense ideas like “save 10 to 20% of your salary” and “pay your credit card amount in full every month.” Each of these ideas is covered in its own chapter. They are, however, written down in a list that you may copy onto an index card for simple reference. This book is a wonderful option for beginners and anybody who prefers readily digested, easily remembered instruction.

9. The Making of an American Capitalist 

For good reason, Warren Buffett has become an American icon: he began little, invested steadily, lived humbly, and amassed a staggering fortune. This is one of the finest books ever written on Warren Buffett, and it’s well worth a read – or reread, if you’ve already read it. 

This book also delves further into Buffett’s transactions and why he picked them. It’s a timeless financial manual that delves into how Buffett’s ideas influenced his investment decisions. There’s no way to go wrong with this one. 

10. Your Money or Your Life 

The premise of Your Money or Your Life is that while you work, you are effectively trading some part of your life for every dollar you earn. Then, if you spend that dollar on something that doesn’t have a profound or long-term purpose, you’re effectively squandering your life. You gave up your time and energy for something that did not deliver equal or higher value in return. The book’s core advice is to become much more careful and thoughtful about how you spend money, recasting it in terms of the lasting value you get out of each dollar you spend, and it not only makes a compelling case for that viewpoint, but it also provides you with a plethora of tools for rebuilding your financial life with that idea at the center of it.

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