Get a Read On Your Finances With These Money Manuals
Here are five reads that can leave you richer for the effort.
Favorite summer reads for 2016 include the psychological thriller The Girl on the Train by Paula Hawkins and the World War II story The Nightingale by Kristin Hannah. These books have been bestsellers for more than a year so we know they tell appealing stories.
But you may be in the mood for some books that cover a subject that we all think about every day — money. Here are five reads that can leave you richer for the effort.
The Index Card: Why Personal Finance Doesn’t Have to Be Complicated by Helaine Olen and Harold Pollack. Could everything you need to know about personal finance be written on a 3×5 index card? These authors think so. This small, 200-page book offers basic advice that will help you avoid financial missteps.
Retire Inspired: It’s Not an Age, It’s a Financial Number by Chris Hogan. A strong argument can be made that the thing Americans do worse than anything else is prepare for retirement. Hogan’s book provides tools to give your retirement savings a boost and create a plan for the golden years that doesn’t involve donning a blue vest at a big box retail store.
Alexander Hamilton by Ron Chernow. This biography of America’s first Secretary of the Treasury has everything: fighting, intrigue, infidelity — even murder. Sounds like it would make a great Broadway play. Oh yeah, it is. They say the book is always better. Hamilton created the foundation for the American public finance system we still use to this day. Don’t “throw away your shot” at reading this book.
The Ant and the Grasshopper by Aesop. Here is a golden oldie that you can share with your kids. They’re never too young to learn the lesson of saving for the future.
The Millionaire Next Door by Thomas J. Stanley and William D. Danko is another golden oldie, though not 2,600 years old like Aesop. It is a perennial favorite because it shares the attributes of what millionaires are really like and how they got to be millionaires. They are not the flashy big spenders you might think they are. The book advises that if you want to be rich, do what real rich people do.