Being in college is a prime time for you to begin learning about the best personal finance books for college students. One of the advantages of being young is that you have more time to grow into a rich individual. Keep reading to discover the best resources to learn how.
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Finding the right resources to become rich can be overwhelming and time-consuming! Save yourself some time and headache by looking into these personal finance books for college students you absolutely need to know about.
These financial books will teach you all about investing, budgeting, the psychology behind money, money management, and saving tips. It’s some of the most important information to know about to become rich.
If becoming rich isn’t the goal then that’s also okay. Living comfortably and financially free could be your goal. Here is what the pros recommend!
This post is all about the top personal finance books for college students.
Personal Finance Books for College Students:
1. The Simple Path to Wealth
The Simple Path to Wealth by J.L Collins: This book is all about a man who’s a millionaire providing financial advice to his young daughter.
I remember reading a sentence that said,”If you follow these simple steps, it’s very likely that one day you’ll wake up rich.” Does that sound like something you’re down to do? I think yes! He goes on to explain what Mutual Funds are, Index Funds, ETFS, Stocks vs. Bonds, and the steps you need to take to get to where you’d like to be.
If you are unfamiliar with any of these terms, which most college students are, then you need to learn about it because it will jumpstart your financial literacy.
2. Rich Dad Poor Dad
Rich Dad Poor Dad by Robert Kiyosaki: written by a current billionaire. “Savers are losers” is one of the many quotes that has stuck with me after reading this book.
Are you an avid saver? Is saving the only way you have been taught on how to save money? Well, you might want to rethink this thought process because saving money doesn’t turn you into a millionaire or a financially savvy person.
What does? Well, Robert Kiyosaki explains just that in this book.
This book isn’t what you may think. His dad wasn’t actually poor. Robert’s dad was a full-time teacher saving and working for his pension. Find out what happens and how you can become financially wealthy by using his step-by-step guide.
3. Think & Grow Rich
Think and Grow Rich by Napoleon Hill: is an absolute CLASSIC book. What’s shocking is how inexpensive this book about getting rich is. How controversial!
Now, this book helps to change your way of thinking in regard to getting rich. It gives you some of THE BEST psychological advice that is tied to making money and becoming rich.
He gives you principals to live by and practical advice on how to become rich. It is backed so many success stories and failures. Napoleon teaches you the Laws of Success. In fact, it seems like a lot of financial books are based off of this book.
Find out what you need to do to become rich. He literally explains how.
Books to Read Next:
1. You are a Badass At Making Money | Finance Books for College
You are a Badass at Making Money by Jen Sincero is next on my list of books to read. I’ve read her book You are a Badass literally two times back to back. As soon as I read the last sentence in the book, I flipped back to page one and started reading all over again.
The book is THAT good! I figure this book about making money is probably even better!
I’ve heard nothing but great things about this book as it is often on people’s list of top books to read. I can’t wait to read it and find ways to apply it to my life.
2. The Psychology of Money | Finance Books for College
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel is on my Amazon books wishlist!
Similar to the book mentioned above, is it almost always on people’s top book choices. There has to be a valid reason for this realization.
This book is bound to give us practical ways to think about money and financial advice on how we can change our mindset when it comes to thinking about money.
Maybe making money and becoming financially stable really is all a mind game? It’s why this book has caught my attention! If all I have to do is think differently…
Closing
In closing, if these books resonate with you, I’d love to know about it. Perhaps you’ve read at least one already. Which book is that?
As mentioned in the beginning, we have youth on our side. The sooner you start applying these steps to make money, the sooner you’ll be rich and financially literate and well off.
