Introduction
As the year 2021 slowly passes by, it is important to remind ourselves that it’s never too late to start investing in the right financial planning books. The world of finance can be overwhelming, and sometimes we need guidance to help us manage our financial goals effectively. In this article, we have compiled a list of the top 10 must-read financial planning books of 2021 in PDF format, to help you make informed decisions and achieve financial success.
The Top 10 Must-Read Financial Planning Books of 2021
1. The Simple Path to Wealth by JL Collins
This book is perfect for those who are just starting to learn about personal finance. The author, JL Collins, demystifies the world of finance, and simplifies investing in a way that anyone can understand. Collins’ writing style is conversational, and he uses relatable examples to make his points. This book covers a wide range of topics, from investing advice to retirement planning, making it a comprehensive guide to personal finance.
2. The Psychology of Money by Morgan Housel
Morgan Housel’s book delves into the psychological and emotional aspects of money and how it can affect our financial decisions. The book is packed with real-life stories and examples that illustrate how our behavior and emotions can impact our finances. Housel also provides practical tips on how to make better financial decisions and avoid common mistakes.
3. The Intelligent Investor by Benjamin Graham
This book is often referred to as the bible of investing. Written by Benjamin Graham, the father of value investing, it teaches readers how to invest intelligently and avoid common pitfalls. Although the book was first published in 1949, the principles in the book are still relevant today and have been updated to reflect modern investment methods.
4. Your Money or Your Life by Vicki Robin and Joe Dominguez
This book is perfect for those looking to change their relationship with money. The authors, Vicki Robin and Joe Dominguez, advocate for a sustainable and fulfilling life through financial independence. The book provides practical advice on how to reduce expenses and increase income, ultimately leading to financial freedom.
5. The Millionaire Next Door by Thomas J. Stanley and William D. Danko
Through extensive research, the authors of this book, Thomas J. Stanley and William D. Danko, discovered that most millionaires are not living extravagant lifestyles but are modest individuals who live below their means. This book is a great reminder that building wealth requires discipline and hard work.
6. Rich Dad Poor Dad by Robert Kiyosaki
This book is a classic in the world of personal finance. Robert Kiyosaki shares his personal finance story and the lessons he learned from his “poor dad” (his biological father) and his “rich dad” (his friend’s father). The book provides practical advice on how to build assets and generate passive income, ultimately leading to financial independence.
7. The Total Money Makeover by Dave Ramsey
This book is perfect for those looking to get out of debt. Dave Ramsey’s book provides a step-by-step guide on how to become debt-free and achieve financial independence. The book is filled with practical advice on budgeting, investing, and saving money.
8. Investing Made Simple by Mike Piper
This book is perfect for those new to investing. Mike Piper’s writing style is straightforward, and he provides practical advice on how to start investing in a way that anyone can understand. The book covers a wide range of investment topics, from stocks and bonds to mutual funds and index funds.
9. The Bogleheads’ Guide to Investing by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf
This book is perfect for those looking for a detailed guide to investing. The Bogleheads’ Guide to Investing is written by a group of investors who follow the investment philosophy of John C. Bogle, the founder of Vanguard. The book covers a wide range of investment topics, from asset allocation to tax-efficient investing.
10. A Random Walk Down Wall Street by Burton Malkiel
This book provides readers with a low-cost and effective investment strategy, known as index investing. Burton Malkiel’s writing is accessible and entertaining, making it an easy read for those who are new to investing. The book provides practical advice on how to build a well-diversified portfolio, ultimately leading to financial success.
Conclusion
Reading financial planning books is an essential step towards achieving financial freedom. The books listed above provide practical advice on how to invest, reduce expenses, and increase income, ultimately leading to financial success. Remember, the key to financial success is discipline and hard work. Invest in yourself by reading these must-read financial planning books of 2021 in PDF format, take action, and watch your financial goals become a reality.
