We seek it tirelessly every day as we engage in activities that are geared towards getting us closer to it. Financial freedom is the ability to have enough wealth that you can live the life that you want and be who you really want to be with no limits. This freedom is not only about amassing money. It is a process which demands that we transform into more effective people than we were in the past. It is a process through which we grow, improve and gain mental, emotional and spiritual strength. This freedom is the state of experiencing abundant finance and freedom in your life. There are books that have guidelines on how we can achieve it. Read on to discover 15 books that can get you closer to your financial freedom.
Living Well, Spending Less: 12 Secrets of the Good Life
This is a book written by Ruth Soukup. She discusses a desire that we all possess, that of living the good life. Everyone wants to have a comfortable life that is full of the trappings of wealth. Every day, we make an effort to live the best that we can and make progress towards the life we desire. The author describes a number of tips that we can use to spend our money in a smart way. If you feel that you want more control over your budget or financial life, then this is the book to read.
Learn more : 20 Secrets That You Need to Know About Money and Economics
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
Being a millionaire is a coveted title that we strive towards. It has wealth and respect attached to it. We all wonder what it is like to be one and Thomas J. Stanley explains it in his book, The Millionaire Next Door. This book is a compilation of the characteristics of America's wealthiest people. In addition to knowing how millionaires think and behave, you are able to learn some tips on how to gain this status.
Girl, Make Your Money Grow!
This is a book that is written for the ladies. There are ladies who have business ideas that they have been too afraid to pursue. This book by Gail Perry-Mason and Glinda Bridgforth encourages them to execute their ideas and watch their money grow. It is a treatise explaining various investment vehicles such as mutual funds, real estate and income diversification.
Your Money Life, by Peter Dunn
It is important to know how to make and save money. It does not matter if you are twenty or fifty years old, money is a resource that we all utilize throughout our lives. It is important to know how to manage it and Peter Dunn hows us how to do this in his book. He indicates the money mistakes which we make on our path of life. He also shows how to turn them into victories. It is a book that will get you closer to financial freedom.
Learn more : 10 Money Mistakes That Will Keep You Broke if You Don't Know Them
Rich Dad, Poor Dad
Written by Robert Kiyosaki, this is a legendary book in the field of personal finance. Many people all over the world credit this book with helping them make a paradigm shift in their financial lives. It explains how you can come from humble beginnings and become wealthy. This book shows you how to make your money work for you. Moreover, it teaches you some important lessons on how to save and invest.
I Will Teach You To Be Rich
In six weeks, you can transform your personal finance from complete disorganization to a clean cut system that will impress even the most astute accountants. Do you want to master your finances with as little effort as possible? Ramit Sethi can show you how to do it in this book. It is a comprehensive piece of literature that can show you how to accomplish this in an expert way.
The Automatic Millionaire
Every day, we make some purchases that are not wise. They lead us to waste our money and time as well. David Bach highlights this problem in the Automatic Millionaire. He goes on to discuss how you can spend your money in a wiser way by making strategically constructive purchases. It also shows you how to become financially strong by consciously guiding your purchasing decisions.
Learn more : The 10 Most Common Habits of Self-made Millionaires
Women & Money
This is a book that specifically targets women. Suze Orman empowers women in this beautifully written book. It helps them to manage any financial challenges that they could have and also assists them to become strong from a financial point of view. It is packed with women-centric tips and guidelines on how to make money and manage it better.
You’re So Money
When you are in college, you are exposed to the world of real money management. This is a critical period when you create the foundations of lifelong financial management. During this period, you are bound to experience some bumps and difficulties that relate to money. This book by Farnoosh Torabi helps you to overcome these challenges smoothly and learn from them. It also shows you how to save money effectively.
Thinking, Fast and Slow
Just like any other critical resource in our lives, a series of decisions are required to manage one's money. Therefore, when you make high quality decisions you will be able to manage your money in a more effective way. Daniel Kahnemann teaches you the foundations of excellent decision-making skills. With the information in this book, you can proceed to structure a proper personal finance management system.
Learn more : Thinking Fast and Slow : 5 Things You Need to Know About Your Mind
Debt-Free by 30
Many people today are suffering under the weight of debt. They accumulated this debt in their early years and spend most of their lifetime paying it off. This book by Karl Cluck and Jason Anthony can help you to manage your debt and pay it off as soon as you can. Moreover, this book informs you about the processes of credit, managing expenses, car payments and health insurance.
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The Total Money Makeover
Written by Dave Ramsey, this is a book that gives you a complete guideline on how to deal with money throughout your life. It shows you how to create a savings fund, how to invest, escape a mortgage and dedicate savings to a rainy day. It also shows you how to pay off debt and achieve financial prosperity throughout your life.
Learn more : 7 Fundamental Principles From the Book Think and Grow Rich
The Investment Answer
One of the ways to achieve financial freedom is by performing shrewd investing. There are people across the world who have accumulated massive amounts of money by investing in a smart way. Chief examples include Warren Buffet, Carl Icahn and T. Boone Pickens. This book describes how you can join these titans and achieve financial freedom by teaching you the tips of investment. Written by Daniel Goldie and Gordon Murray, it is a brief book that is easy to comprehend and full of wise counsel.
Psych Yourself Rich
Our emotions guide much more than just our actions. They have an effect on our patterns of spending too. In this book, Farnoosh Torabi discusses how your emotions influence your relationship with your money. He discusses the relationship between you and your money and fleshes our behavioral finance. By reading this book, you can discover your emotional weaknesses which lead to flawed financial decisions. You can then turn them into strengths for the purpose of managing your money in a more efficient way.
Learn more : 7 Simple Ways to Use Visualization to Make Your Dreams a Reality
The Millionaire Mind
Today, we have thousands of millionaires around the world. They have access to considerable wealth and live their lives in a way that exhibits their prosperity in a flexible way. Thomas J. Stanley interviews quite a number of them and shares their opinions and insights with you in this book. He asks them challenging financial questions and indicates their answers to the readers using reliable, relatable examples.
Learn more : 10 Books That Will Make You Think Like a Millionaire
The Important Take Away
It is important to gain control over your finances. By learning the concepts of dealing with money you can achieve financial freedom earlier in your life. This gives you the freedom to live a life of your choice and allows your family and children to live a happy, prosperous life. The books indicated above can get you one step closer to this ambition. They are worth the read.
