Who doesn’t want to be a millionaire? If you asked that question to a roomful of people, the only people who would raise their hands and say they did not want to be millionaires are those select few who already are and are looking to become billionaires. The rest of us, will for sure raise our hands for the financial prosperity that the millionaires have. Accordingly, the first place to start is reading a book, as books will make you more aware of the many possibilities and opportunities that are available to all of us, so here are ten books that will make you think like a millionaire.
1. How Rich People Think: Steve Siebold
This book is a collection of bite-sized chapters that were researched by Siebold and compiled from interviews of more than a thousand millionaires. He gives people steps to take to start their journey towards becoming a millionaire as well.
2. The Cold Hard Truth on Men, Women, and Money: 50 Common Mistakes and How to Fix Them: Kevin O’Leary
Each chapter of this book targets a certain stage of life and gives tips on saving money, not spending too much, and always investing. Kevin O’Leary is self made and is now on the popular TV show, Shark Tank.
3. Think and Grow Rich: Napoleon Hill
This book offers a six-step plan to building wealth. He asks the question how much money do you want to earn and what you are willing to do to obtain that wealth. In his quest to accomplish that, he interviewed more than 500 millionaires.
4. I Will Teach You to be Rich: Ramit Sethi
Sethi lays out a six week program to follow that let’s people learn the habits of saving money and growing wealth without having to put to much effort into it. He focuses on the four pillars of wealth: banking, saving, budgeting, and investing.
5. Rich Dad Poor Dad: Robert T. Kiyosaki
In this book, Kiyosaki tells the story of his father versus the story of his friend’s father. It also posits the theory that wealth is more about what you are saving up for tomorrow than what you have to spend today.
6. The Total Money Makeover: A Proven Plan for Financial Fitness: Dave Ramsey
Outlining a bold approach for saving money, Ramsey attacks the American Dream and says that the biggest problem in financial stagnation is you. His plans are simple and no nonsense.
7. The One Page Financial Plan: Carl Richards
This financial planner from New York outlines his theories on one page, in his case “napkin sketches” to keep from monotony and to hold the reader’s interest. He also is a strong proponent of making a plan as the first step to saving money.
8. The Intelligent Investor: Benjamin Graham
This is an older book that provides an introduction to value investing. And the best part is that, no matter what your profession is, the advice will still help you to make long term money.. Graham is the mentor of billionaire Warren Buffett.
9. A Random Walk Down Wall Street: Burton Malkiel
Over the years, this book has become the most recommended book when starting a portfolio, a title that is well-respected. The book covers numerous options for investing and shows how each of them works, a good starting point for most new investors.
10. The Essays of Warren Buffett: Lessons for Corporate America: Warren Buffett and Lawrence Cunningham
Cunningham arranged nearly 700 pages of Buffett’s letters and essays into a story that makes sense to the most average of readers. Buffett’s letters and other writings boil down to the difference between price and value. The book is so well respected that Bill Ackman, founder of Pershing Square Capital Management, requires his analysts to read the book.
The Important Take Away
Any of these books will provide you with all the information you could ever want in terms of figuring out how to be smart with your money and invest it properly. With any of these books, you just need to figure out what is going to work best for you and make those changes in your life. Reading any of the books is sure to at least raise your awareness of how to save money, if not get you motivated to begin saving and investing right away.