20 Best Books About Financial Literacy (2023 Update)

"in the dark, bewildering, trap-infested jungle of misinformation and opaque riddles that is the world of investment, jl collins is the fatherly wizard on the side of the path, offering a simple map, warm words of encouragement and the tools to forge your way through with confidence. you'll never find a wiser advisor with a bigger heart." — malachi rempen: filmmaker, cartoonist, author and self-described ruffian – this book grew out of a series of letters to my daughter concerning various things-mostly about money and investing-she was not yet quite ready to hear. but dad," she once said, "i know money is important. i just don't want to spend my life thinking about it." this was eye-opening. i love this stuff. but most people have better things to do with their precious time. bridges to build, diseases to cure, treaties to negotiate, mountains to climb, technologies to create, children to teach, businesses to run. – unfortunately, benign neglect of things financial leaves you open to the charlatans of the financial world. – here's an important truth: complex investments exist only to profit those who create and sell them. not only are they more costly to the investor, they are less effective. – the simple approach i created for her and present now to you, is not only easy to understand and implement, it is more powerful than any other. – the importance of having f-you money. – how to think about money, and the unique way understanding this is key to building your wealth. – where traditional investing advice goes wrong and what actually works. – what the stock market really is and how it really works. – why the stock market always goes up and why most people still lose money investing in it. – how to invest in a raging bull, or bear, market. – specific investments to implement these strategies. – the wealth building and wealth preservation phases of your investing life and why they are not always tied to your age. – how your asset allocation is tied to those phases and how to choose it. – how to simplify the sometimes confusing world of 401(k), 403(b), tsp, ira and roth accounts. – trfs (target retirement funds), hsas (health savings accounts) and rmds (required minimum distributions). – why you should be very cautious when engaging an investment advisor and whether you need to at all. – why and how you can be conned, and how to avoid becoming prey. – why i don't recommend dollar cost averaging. – what the 4% rule is and how to use it to safely spend your wealth. – the truth behind social security. – a case study on how this all can be implemented in real life. – enjoy the read, and the journey!

"one of the ten best investing books of all time."–the washington post one of investing's most celebrated icons updates his classic work to reflect today's world and markets in this long-awaited and eagerly anticipated update, jeremy iegel provides his legendary perspective and guidance to an investment world turned upside down. stocks for the long run combines a compelling and timely portrait of today's turbulent stock market with the strategies, tools, and techniques investors need to maintain their focus and achieve meaningful stock returns over time. this completely updated edition includes entirely new data, charts, and figures as it provides answers on the five major issues concerning investors and professionals today: how will events related to september 11 tragedy affect long-term market returns? what behavioral roadblocks stand in the way of achieving financial success? are "countries" still relevant for global investing? will stock "indexing" match its past performance? can tomorrow's stock market deliver the same returns as markets in the past? praise for previous editions of stocks for the long run: "should command a central place on the desk of any 'amateur' investor or beginning professional."–barron's "a simply great book."–forbes

You work hard — really hard — but it seems like there's never enough. never enough to cover all the bills. never enough to relax and have some fun. never enough to save some real money. what has gone wrong? what is the secret that you haven't figured out? in all your worth, elizabeth warren and amelia warren tyagi — mother/daughter authors of the acclaimed the two-income trap — tell you the truth about money. they lay out the new rules of money — the ones nobody talks about. they show you how to get out of debt, cover your bills, and start getting ahead — without needing to carry a calculator everywhere you go. all your worth isn't based on lucky guesses or gut reasoning; it is the result of more than twenty years of intensive research. as a result, the authors don't offer you a few quick fixes destined to fall apart, and they don't waste time trying to solve problems you don't have. and they use this approach to help you conquer your financial problems, step by step. the secret? warren and tyagi show you how to divide and conquer. no complicated budgets, and no keeping track of every penny you spend. once you have the basics, it gets easy. whatever your struggles with money, warren and tyagi can help you get your finances on the right track. they will show you things about yourself that you have never quite seen. are you an emotional spender? is debt robbing your future? do you spend too little on fun? are you and your partner trapped in the money blame game? whether you are knee-deep in past-due notices or you just don't think you're saving enough, money worries can chew away at your life. warren and tyagi are here to tell you that you can stop the worry. you can change it all. you can have enough — enough to cover the necessities, enough to put some real money in the bank and start bringing your dreams into reach. you can even have enough money to have fun. (in fact, they insist that you have enough for fun!) best of all, with all your worth, you can have peace of mind for the rest of your life.

What kind of shape is your portfolio in? the financial fallout of recent years was a game changer for anyone and everyone preparing to retire in the near future. in order to build and maintain a solid portfolio in today’s roller-coaster investing climate, you have to be more alert, increasingly proactive, and better educated on the markets than ever before. in financial fitness forever, paul merriman gives you a framework guaranteed to return even the most struggling portfolio to prime health. one of the nation’s most popular investment advisors, merriman has you focus on five critical questions: should i use a financial advisor or go it alone? should i try to beat the market or accept market returns? how should i manage risk? how should i diversify my investments? how should i separate my investments from my emotions? if you don’t have solid, well-developed answers based on sound investing principles, you need to review your current strategy. financial fitness forever leads you through the process step-by step. merriman provides detailed answers to each question, all of which combine to form a powerful strategy that will ensure the kind of retirement you’re hoping for. merriman doesn’t claim to have the “magic bullet” answer to supercharging profits in unpredictable markets. instead, he provides a commonsense strategy anyone can use to secure his or her fi nances now and in the future. the economy is racing forward at breakneck speed, and no one knows where it will end up. by applying the lessons learned in financial fitness forever, you can design a portfolio that will thrive in the long run. "paul merriman is one really smart guy, but more than that, he is wise. and in investment counseling, i'll take wise over smart any day. he has spent a lifetime learning the techniques that make him an outstanding teacher of investing. now it's your turn to benefit from his knowledge. make the most of it."—knight kiplinger, editor in chief, kiplinger publications “no one understands what it takes to be a successful investor better than paul merriman. if you want to build a winning portfolio for life, this is the book to read.”—bill schultheis, author, the coffeehouse investor “this is the ultimate strategy for america’s main street investors. if your goal is to beat guys like buffett, avoid future pitfalls, and retire comfortably, this is a must-read.”—paul b. paul explains simply and clearly how each of us can take personal responsibility for our financial futures by creating a comprehensive plan based on discipline and diversification.”—alan mulally, president and ceo, ford motor company “using stories and analogies drawn from his decades of experience, merriman provides a road map with simple but sound advice for a financially fit future.”—larry swedroe, principal, the buckingham family of financial services, and author, the quest for alpha “paul merriman is a competitor of mine, and i can think of no finer compliment than that, after forty years in the business, i have learned to be a better investor and manager from reading paul’s work.”—joe shaefer, president, stanford wealth management, and publisher, investor’s edge newsletter “financial fitness forever shows just how simple it can be to invest successfully and enjoy the future of your dreams.”—allan roth, cbs moneywatch, and author, how a second grader beats wall street

Since its first publication, michael j. mauboussin's popular guide to wise investing has been translated into eight languages and has been named best business book by businessweek and best economics book by strategy+business. now updated to reflect current research and expanded to include new chapters on investment philosophy, psychology, and strategy and science as they pertain to money management, this volume is more than ever the best chance to know more than the average investor.offering invaluable tools to better understand the concepts of choice and risk, more than you know is a unique blend of practical advice and sound theory, sampling from a wide variety of sources and disciplines. mauboussin builds on the ideas of visionaries, including warren buffett and e. o. wilson, but also finds wisdom in a broad and deep range of fields, such as casino gambling, horse racing, psychology, and evolutionary biology. he analyzes the strategies of poker experts david sklansky and puggy pearson and pinpoints parallels between mate selection in guppies and stock market booms. for this edition, mauboussin includes fresh thoughts on human cognition, management assessment, game theory, the role of intuition, and the mechanisms driving the market's mood swings, and explains what these topics tell us about smart investing. more than you know is written with the professional investor in mind but extends far beyond the world of economics and finance. mauboussin groups his essays into four parts-investment philosophy, psychology of investing, innovation and competitive strategy, and science and complexity theory-and he includes substantial references for further reading. a true eye-opener, more than you know shows how a multidisciplinary approach that pays close attention to process and the psychology of decision making offers the best chance for long-term financial results.

The best finance book for crucial conversations about money"vanessa is a natural storyteller. strong. relatable. purpose driven"–business in heelsfor anyone who wants to create a financial legacy, this is the best finance book for sparking change in yours and your family's financial future. share eye opening money moments and courageous conversations about money. do your parents have a legacy plan or financial retirement plan? is your family managing money well enough to meet its financial goals? think about money in a new way and procure practical tools that apply to every stage of your financial life. money talk that starts with you! vanessa stoykov is a money educator and communicator with over 27 years of experience in financial services. vanessa knows financial freedom requires plain language conversations, so she wrote the best finance book to break down the taboos around money.

The world of investing normally sees experts telling us the 'right' way to manage our money. how often do these experts pull back the curtain and tell us how they invest their own money? never. – in this unprecedented collection, 25 financial experts share how they navigate markets with their own capital. in this honest rendering of how they invest, save, spend, give, and borrow, this group of portfolio managers, financial advisors, venture capitalists and other experts detail the 'how' and the 'why' of their investments. they share stories about their childhood, their families, the struggles they face and the aspirations they hold. sometimes raw, always revealing, these stories detail the indelible relationship between our money and our values. – taken as a whole, these essays powerfully demonstrate that there is no single 'right' way to save, spend, and invest. with engaging illustrations throughout by carl richards, how i invest my money inspires readers to think creatively about their financial decisions and how money figures in the broader quest for a contented life. – with contributions from:morgan housel, christine benz, brian portnoy, joshua brown, bob seawright, carolyn mc – clanahan, tyrone ross, dasarte yarnway, nina o'neal, debbie freeman, shirl penney, ted seides, ashby daniels, blair du – quesnay, leighann miko, perth tolle, josh rogers, jenny harrington, mike underhill, dan egan, howard lindzon, ryan krueger, lazetta rainey braxton, rita cheng, alex chalekian

This classic book of solid and practical financial advice has been completely refocused to address new tax laws, new ways of paying for higher education, new forms of health insurance, and the completely new investment climate. the book also foresaw an environment dominated by falling inflation and interest rates. that call was right on the money. the new edition sees yet another shift in financial energies– a fresh round of serious borrowing, as the boomers start sending kids to college; a desire to save for retirement fast; and an obsession with keeping safe the profits that have already been made. investing is getting more complex, as more financial products and services come to market and as traditional guideposts change. more than ever, investors need a clear path through the undergrowth. it presents a new blueprint for twenty-first-century success. on investing: the markets will surprise you. serious investors need a better understanding of asset allocation and how to diversify for global gains while minimizing risk. the new edition presents a variety of investment mixes for different purposes. you'll also find a sophisticated guide to picking superior mutual funds. on paying for college: the entire federal financial-aid program has been overhauled. much more money is available to middle-class families, making paying for college the art of the possible. this book takes you through all the money sources. on buying a home: the percentage of americans owning their own homes is on an upswing. that's because mortgage lenders are rapidly opening their doors to people who couldn't get loans before. they also have the welcome mat out for young first-time buyers. you'll find out here how all these new programs work. on life and health insurance: life insurance and tax-deferred annuities are being widely sold as retirement investments. the new edition helps you decide when that's a good idea and when it isn't (hint: it usually isn't). in a greatly expanded section on hmos, quinn explains how to evaluate the choices you have and lays out your rights if your insurer lets you down. on retirement planning: employees have built up significant assets in 401(k)s and other tax-deferred plans. the self-employed have several deductible options to choose from– each one just right for a particular situation. an expanded retirement section helps you get the most from any retirement savings plan and forecasts how much you're likely to need in your old age. on post retirement planning: given longer life spans, people who think they've retired haven't. a section for those past retirement lays out better investment strategies for making money last. on the checklists for changes in your life: the checklist chapter-one of the sections of the original edition that was consulted most often has been expanded to include checklists for starting a home based business, teaching kids about money, unmarried couples, new widows and widowers, and defensive planning for a potential layoff. quinn has also added to the existing checklists on pre- and post-marital planning, caring for an elderly parent, having a baby, finding day care, and enduring divorce. on finding a financial adviser: almost every financial salesperson today claims to be a financial planner– so you'll learn more about how to separate the mutts from the purebreds. but with what you learn here you can be your own financial adviser.

Get control of your finances – and your future! do you feel like you'll never pay off your student loans? worried about your mounting credit card debt? wondering when you'll ever make enough money to stop living paycheck to paycheck? you're not alone – millions of young americans are finding it hard to save for the future and still pay today's bills on time. – but with the everything personal finance in your 20s and 30s book, 3rd edition, you'll learn how to be financially independent by:creating a workable budget – minimizing credit card and student loan debt – investing money wisely – building an emergency fund you'll also learn how the consumer financial protection bureau can help you navigate the often-confusing world of financial service products. with this easy-to-use guide, you'll learn how to manage, save, and invest wisely – starting today!

The stock-investing classic–updated to help you win in today's chaotic global economymuch has changed since the last edition of stocks for the long run. the financial crisis, the deepest bear market since the great depression, and the continued growth of the emerging markets are just some of the contingencies directly affecting every portfolio inthe world. – to help you navigate markets and make the best investment decisions, jeremy siegel has updated his bestselling guide to stock market investing. – this new edition of stocks for the long run answers all the important questions of today: how did the crisis alter the financial markets and the future of stock returns? what are the sources of long-term economic growth? how does the fed really impact investing decisions? should you hedge against currency instability? stocks for the long run, fifth edition, includes brand-new coverage of:the financial crisissiegel provides an expert’s analysis of the most important factors behind the crisis; the state of current stability/instability of the financial system and where the stock market fits in; and the viability of value investing as a long-term strategy. – china and indiathe economies of these nations are more than one-third larger than they were before the 2008 financial crisis; you'll get the information you need to earn long-termprofits in this new environment. – global marketslearn all there is to know about the nature, size, and role of diversification in today’s global economy; siegel extends his projections of the global economy until the end of this century. – market valuationcan stocks still provide 6 to 7 percent per year after inflation? this edition forecasts future stock returns and shows how to determine whether the market is overvalued or not. – essential reading for every investor and advisor who wants to fully understand the forces that move today's markets, stocks for the long run provides the most complete summary available of historical trends that will help you develop a sound and profitable long-term portfolio. – praise for stocks for the long run:“jeremy siegel is one of the great ones.” —jim cramer, cnbc’s mad money“[jeremy siegel’s] contributions to finance and investing are of such significance as to change the direction of the profession.” —the financial analyst institute“a simply great book.” —forbes“one of the top ten business books of the year.” —businessweek“should command a central place on the desk of any ‘amateur’ investor or beginning professional.” —barron’s“siegel’s case for stocks is unbridled and compelling.” —usa today“a clearly written, neatly organized, highly persuasive exposition that lifts the veil of mystery from investing.” —john c. bogle, founder and former chairman, the vanguard group

The long-awaited revised edition of the stock trading classic gets you fully up to date on value investing, esg investing, and other important developments the definitive guide to stock trading, stocks for the long run has been providing the knowledge, insights, and tools that traders need to beat the market for nearly 30 years. this new edition brings you fully up to date on everything you need to know to draw steady profits for yourself or your clients. what do global changes like climate change mean for markets worldwide? stocks for the long run is essential reading for every investor and advisor who wants to fully understand the market, including its behavior, past trends, and future influences-in order to develop a prosperous long-term portfolio that's both safe and secure.

"ramit sethi is the personal finance guru whose new york times bestseller, i will teach you to be rich, has helped over a million readers get on the path to financial independence through a highly practical six-week program. at the core of his message is the idea of living a rich life-where it's not just about the dollars but about the meaning, and experiences are as much a priority as what's in your wallet. as in go ahead and buy as many lattes as you want! now in this companion to the original book, sethi guides readers in the process of clarifying exactly what a rich life means to them, then shows them how to make it happen. packed with provocative prompts, lists, and real-world examples, i will teach you to be rich: the journal is an interactive, fill-in book whose every page is designed for introspection, dreaming, and creative brainstorming. learn to design a rich life based on what he calls money dials-categories of spending, like travel, convenience, status, or self-improvement-and how to plan accordingly. there are prompts that show you how to be more confident about money and individual challenges to make your rich life a daily reality. ultimately, you'll visualize your rich life, one that's tailored, customized, and unmistakably you. let the journey begin"–

The essential guide to managing money, saving and investing for kids…and parents! a fun and easy-to-understand guide to personal finance packed with real life examples and engaging activities. this collection of stories from around the world provides a hands-on introduction to the world of money, saving and investing for kids and parents. boost your child's financial iq and find out how to build sustainable wealth with this hands-on guide to financial independence.

​​"the person who starts simply with the idea of getting rich won't succeed; you must have a larger ambition."-john d. rockefeller when it comes to building a successful investment portfolio, there isn't a single approach that works for every investor. it's not enough to follow trends or study strategies if you want to succeed. before you take the first steps, you need to have the right mindset-one that lets you think critically, be intentional, and form your own path. in mastering the money mind, financial advisors ed lambert and alex cabot provide a guide for evaluating your goals and developing an optimal mindset for financial success. they show how to avoid common pitfalls like adopting a groupthink approach or investing with emotion and provide insightful perspectives that are designed to weather stock market volatility and navigating inflation. whether you want to recenter your approach or discover the tools for successful investing, mastering the money mind is the only investment guide you need for building the life you've always wanted.

Kuderna, a certified financial planner and nationally recognized financial advisor, knows first-hand that the key to wise financial decisions is a deep understanding of economics. when his clients ask him, "what should i do with my money?" kuderna has found the conversation quickly turns from one of personal finance to a 360-degree view of economics, illustrating why and how issues on the global stage and the kitchen table are directly connected. in what should i do with my money?, kuderna explains how economies and markets are affected by the way people live, learn, love, work, play, and pray–for it is these behaviors that determine how groups, corporations, and nations make money or lose money. using history, storytelling, and sage insights, kuderna takes you on a panoramic tour of the nine most important domains impacting your wealth: -population–a rapidly growing and shifting balance of givers and takers -entitlements–the past, present, and future of social security, medicare/medicaid, pensions, and stimulus programs-education–costs and benefits of college and student loans-economic philosophy–political and monetary beliefs that govern our world -environment–the sustainability of our planet amid global warming, plastics, and finite natural resources-tech–opportunities and threats from the fastest-growing sector of the stock market-war–the use of proxy wars, civil military fusion, cyber, and economic attacks -religion–how faith has steered economies from the stone age to the space age-personal finance–a plan to attain the three i's: impact, independence, and incomeeach chapter includes special features explaining the "macro" problem and what it means to your personal "micro" world―helping you connect the dots of global issues to your own financial plan. now more than ever you might feel overwhelmed, the victim of existing economic structures, but wait and see how there has been no better time for you to take control and build wealth.

Being a millionaire is a realistic aspiration if you are knowledgeable and diligent about becoming one. today, people are required to accumulate greater amounts of money to fund their lifetime goals and objectives than was necessary by previous generations. this book covers what should be included in a comprehensive financial management program for people of all ages who want to live a financially independent and secure lifestyle. it shows reliable ways to plan and manage the emotional aspects of money, cash flow, assets, liabilities, taxes, investments, employee benefits, insurance, health care, business ownership, college financing, accumulated estate wealth, and, most critical, how not to run out of money during retirement. in today's often confusing and contradictory world of information overload, the reader is informed how to discern and distinguish what information is beneficially useful or harmful to his or her financial well-being. moreover, if professional assistance is desired, guidance is provided for how to select and work with a financial advisor as well as how and when paying for an advisor's help is justified.

What does it mean to be truly wealthy? as a longtime financial writer and nationally acclaimed investment advisor, alexander green understands the importance of money. but in this insightful and inspiring new audiobook, he looks beyond traditional measures of wealth to explore how a rich life is one of significance, not just financial success. as green observes, money creates wealth, but so do character, conscience, attitude, and wisdom. only by incorporating each of these elements into your day-to-day existence can you experience what the ancients called "the good life." a generous, wide-ranging inquiry into what matters most, beyond wealth is a road map to a rich life, to what the author calls "true wealth." the book contains more than sixty-five commentaries on topics ranging from love, health, leisure, honor, courage, trust, philosophy, history, science, and spirituality. and the author's perspective on each subject is broadened and deepened by liberal quotations from shakespeare, thoreau, emerson, gandhi, einstein, tolstoy, and other great minds. beyond wealth is full of practical wisdom. yet it is also a book of contemplations, promoting both greater understanding and deep reflection. each piece can be read alone and is characterized by brevity, wit, and a liveliness of mind that recalls the best of montaigne and swift. combining personal anecdotes with provocative insights and timeless truths, beyond wealth is a fascinating exploration of the unique intersection between money, personal fulfillment, and successful living.

Hardcover book. 252 pages. published by literary licensing, llc (2012)

Being a millionaire is a realistic aspiration if you are knowledgeable and diligent about becoming one. today, people are required to accumulate greater amounts of money to fund their lifetime goals and objectives than was necessary by previous generations. this book covers what should be included in a comprehensive financial management program for people of all ages who want to live a financially independent and secure lifestyle. it shows reliable ways to plan and manage the emotional aspects of money, cash flow, assets, liabilities, taxes, investments, employee benefits, insurance, health care, business ownership, college financing, accumulated estate wealth, and, most critical, how not to run out of money during retirement. in today's often confusing and contradictory world of information overload, the reader is informed how to discern and distinguish what information is beneficially useful or harmful to his or her financial well-being. moreover, if professional assistance is desired, guidance is provided for how to select and work with a financial advisor as well as how and when paying for an advisor's help is justified.

The british financial pages are a minefield of jargon and impenetrable terminology – they are also your key to having a true understanding of how the financial markets work, and taking full control of your investments. this plain-english guide to the financial pages demystifies the tables, charts and analysis, so you can keep on top of the latest developments in the city and have confidence that you are maximising your investment returns.