Top 10 Best Personal Finance Books 2021

We know that financial education is the best investment. To Manage Your Money Smartly, you need to know the basics of personal finance. And reading books is the best source of this knowledge. In this post, I have compiled a list of the top 10 best personal finance books that you must read in 2021.

Everyone knows reading books is important. Books give us endless knowledge, information, and motivation. Reading books fills your head with new bits of information. It makes you more knowledgeable and successful. Therefore, read and educate yourself. Below is the list of best books about money.

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Table of Contents

Top 10 Best Personal Finance Books for you to read

Here’s a list of the best personal finance books of all time that will help you get started on your journey into personal finance.

#1. Rich Dad Poor Dad

Tagline: What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not!

Author: Robert T. Kiyosaki

This is one of the best personal finance books of all time that you must read if you are interested in personal finance. It explains the difference between working for money and having your money work for you.

Rich Dad Poor Dad is Robert’s story of growing up with two dads his real father and the dad of his friend, his rich dad. He compares his two dads and how both men had different thoughts about money and wealth.

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This book is one of the bestselling personal finance books ever since it was first published. This book is one of the best personal finance books for beginners.

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#2. The Millionaire Next Door

Tagline: The Surprising Secrets of America’s Wealthy

Author: Thomas J. Stanley and William D. Danko

The book identifies the seven common traits found among those who have accumulated wealth.

According to the author, most of America’s wealthy don’t live in Beverly Hills or on Park Avenue-they live next door. They have accumulated wealth by working hard, living well below their standard, and saving their earnings.

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This book throws light on how millionaires do things differently and build wealth over time.

#3. I Will Teach You to Be Rich

Tagline: No guilt, no excuses – just a 6-week programme that works

Author: Remit Sethi

This book is a practical approach based on the four pillars of personal finance – banking, saving, budgeting, and investing.

The author explains how to automate your money flow i.e. earn while sleeping, why your new best friend should be the taxman, and how to beat banks and credit cards at the fee game.

The book also focuses on wealth-building ideas of personal entrepreneurship. A definite must-read for millennials.

#4. The Total Money Makeover

Tagline: A Proven Plan for Financial Fitness

Author: Dave Ramsey

The book has helped millions of families get rid of debt and change their lives forever with its simple, practical 7 step plan.

The author puts his 20 years of financial teaching and counseling into 7 organized, easy-to-follow steps that will lead you out of debt. Plus, there are over 50 real-life stories from people who have followed these principles.

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The Total Money Makeover is one of the bestselling novels of Dave Ramsey. This book is designed for everyone, regardless of income or age.

#5. Your Money or Your Life

Tagline: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence

Author: Vicki Robin and Joe Dominguez

Your Money or Your Life tells you how to reorder material priorities and live well for less and much more.

The author shows you how to gain control of your money and finally begin to make a life, rather than just make a living. The book is about living within your means by changing your habits.

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Whether you are in your 20s or turning 55, this book will show you how to transform your relationship with money and achieving financial independence.

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Best Personal Finance Books by Indian Authors

Here is the list of the 5 best personal finance books by Indian authors that you must read.

#6. Let’s Talk Money

Tagline: You’ve Worked Hard for It, Now Make It Work for You

Author: Monika Halan

Monika Halan is India’s most trusted name in personal finance. Her book offers you a feet-on-the-ground system to build financial security.

Let’s Talk Money is one of the best personal finance books India. This book is not a get-rich-quick guide. This book helps you build a smart system to live your dream life rather than stay worried about the perfect insurance or right investment.

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Unlike many books of personal finance, this book is written specifically for you, keeping the Indian context in mind. This is the best book for financial management out there for an Indian.

#7. Retire Rich

Tagline: Invest Rs.40 A Day

Author: P. V. Subramanyam

Retire Rich is a concise guide to financial planning for a relaxed and enjoyable post-retirement life. The book tells how you can accumulate a nice round amount by the time you turn 60 years of age.

The author tells you how starting early works like magic, and what happens if you live till age 120. The earlier you start, the greater the flexibility and greater the options.

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The book also describes how you can use the money after accumulating it during your retirement life. This book is a must-read.

#8. 16 Personal Finance Principles Every Investor Should Know

Tagline: Master Your Financial Life

Author: Manish Chouhan

16 Personal Finance Principles Every Investor Should Know is a guide on how to live an extraordinary financial life. It is written to help you take action in your financial life.

Every chapter in this book is based on personal finance principles which will make your financial life much easier. Creating wealth will become an easy job for you, as this book is a perfect guide to it.

In a nutshell, the book will help you learn how to handle your finances better.

#9. You Can Be Rich Too

Tagline: With Goal Based Investing

Author: P. V. Subramanyam and M. Pattabiraman

You Can Be Rich Too: With Goal Based Investing is a book that simplifies key concepts in money management. This book guides you to invest with a specific goal in mind.

In the world of investing, where simple, honest and common-sense advice is scarce. This book is an attempt at making investment simple and logical for retail investors.

This one of the best books on money management. This is a very good book to quickly understand the basics of investment and implement them.

#10. The Richest Engineer

Tagline: A Story That Will Unravel The Secrets of the Rich

Author: Abhishek Kumar

In this book, Abhishek Kumar explains the timeless wisdom of wealth creation and accumulation. The book shows how anybody can become a millionaire no matter where they are in life at this time.

The ideas provided in this book are not get-rich-quick formulas, but they do guide the reader to financial independence, which he says, can be achieved on nothing more than an average salary.

This book explains the financial knowledge in simple language through a fictional conversation between two friends. This is one of the best personal finance books for college students.

Final Thoughts on Best Personal Finance Books

Hope the above list of 10 best personal finance books gives you some good ideas to get a handle on your finances and master your money. So, start reading these finance books now and learn to Manage Your Money Smartly.

Top 10 Best Personal Finance Books for you to read. Happy Reading!