While the world of finance is complicated, there are many informative and easy to understand books that could help you to get more from your money. From planning your dream retirement to creating a long-term financial plan that works, there’s a myriad of great books to help you to achieve your goals.
In fact, there are so many, one of the biggest challenges can be deciding which one to buy. The good news is that help is at hand, as we‘ve selected four that could provide you with valuable tips on how to get your wealth fighting fit.
So, if you’re looking for an inspiring financial read on National Read a Book Day on 6 September, read on to discover four books you should try.
1. Enough? How much money do you need for the rest of your life?
This thought-provoking book is written by financial coach Paul D Armson, who encourages you to consider wealth in a different way. Instead of it being about assets and riches, the author suggests it should instead be about your quality of life.
Armson helps you to understand how much wealth is enough for you, and why seeking more than this only causes unnecessary stress and anxiety. Written using jargon-free language, the book includes inspiring anecdotes and stories that will help you get to grips with the fact that sometimes having less is more.
One of these stories is about a Mexican fisherman who teaches a high-powered management consultant that striving for more isn’t always the best approach. Appreciating and being happy with what you have, and ensuring you can maintain it, can provide a path to a much more enjoyable life.
The book costs between £8-£17, depending on the retailer you use.
2. The psychology of money: timeless lessons on wealth, greed, and happiness
Award-winning author Morgan Housel looks at human behaviour around money, and how it affects the decisions we make. The book, which is a Sunday Times bestseller, explores the different and sometimes strange ways we think about wealth and how this then shapes the decisions we make.
Through the use of 19 short stories, the author provides plenty of insights that can help you to make better sense of your money and how to get more from it. Central to this is the author’s understanding that while investing and finances are often taught using maths and data, decisions are typically made using emotion and experience.
Understanding this means you’re much better placed to make decisions you’ll thank yourself for later on.
The book costs between £5-£12 depending on the retailer you use.
3. What they don't teach you about money: seven habits to unlock financial independence
Written by award-winning journalist Claer Barrett, whose mission is to help everyone make the most of their money, the book looks at how financial habits are formed. In addition to this, she offers seven powerful ways to improve the way you think about and manage your money, so that you can get more from your wealth.
As you would expect from someone who speaks regularly on the television and radio, the book is straight forward and easy to understand. Thanks to the book’s practical tips and solutions, you have more of a chance of being able to make your money work smarter for you.
From budgeting to investing, planning your financial future and creating better conversations around money, the book offers many ways to get more bang from your buck.
The book costs between £10-£16 depending on the retailer you use.
4. Retire before Mom and Dad: the simple numbers behind a lifetime of financial freedom
Learning about personal finance and getting more from your money doesn’t have to be dull or hard work thanks to this book. Penned by Rob Berger, who is a contributing editor for Forbes Advisor and host of the Financial Freedom Show, the book explains how to get more from your wealth by following key financial principles.
Thanks to his engaging way of writing and understandable, jargon-free explanations, you’ll learn effective ways to:
- deal with debt
- create and manage your financial goals and
- control spending without using budgets
- prepare financially for retirement
- invest in a more effective way.
The book costs between £8-£14 depending on the retailer you use.
Get in touch
While the above can provide fascinating insights into getting more from your wealth, working with a financial adviser is often the most effective way to get more from your money. As a professional with extensive knowledge about money and investing, financial advisers can ensure you fully understand the opportunities and risks that your money might be exposed to.
Whether you want to get more from your money, make better investment choices or get your pension on track, working with an adviser could help you make shrewder wealth choices. If you would like to discuss how we might be able to help you, either speak to one of our advisers or call us on 01527 577775.