Money Management Books

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Money Management Books

I have money issues, I get a lot of money from family but for some reason, I spend it all on food
and other things and damn, I feel so bad that I spend (waste) so much money I could have saved
or used to purchase things that could have made my life wayy better than it is now , I truly want
to learn about money and savings, and investment and passive income and all but I don't know
where to start. Are there some books that can help me or teach me how to go about these kinds
of things ?

Memory updated

It's great that you want to take control of your finances and learn more about managing money. Here
are some highly recommended books to help you get started with money management, saving,
investing, and creating passive income:

1. "Rich Dad Poor Dad" by Robert T. Kiyosaki:


This book offers a unique perspective on money and investing, emphasizing the
importance of financial education and the difference between assets and liabilities.

2. "The Total Money Makeover" by Dave Ramsey:


Dave Ramsey provides practical steps to get out of debt, save money, and build wealth. His
baby steps program is a popular method for achieving financial stability.

3. "Your Money or Your Life" by Vicki Robin and Joe Dominguez:


This book teaches you how to transform your relationship with money and achieve financial
independence. It includes practical advice on tracking your spending and creating a budget.

4. "The Millionaire Next Door" by Thomas J. Stanley and William D. Danko:


This book explores the habits and behaviors of America's wealthy individuals, providing
insights into how they save, spend, and invest their money.

5. "I Will Teach You to Be Rich" by Ramit Sethi:


Ramit Sethi offers a six-week program for managing your money, including tips on banking,
saving, budgeting, and investing. The book is filled with actionable advice for building
wealth.

6. "The Intelligent Investor" by Benjamin Graham:


A classic book on investing, Benjamin Graham's work teaches the principles of value
investing and provides strategies for long-term financial success.

7. "Financial Freedom: A Proven Path to All the Money You Will Ever Need" by Grant Sabatier:

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This book provides a step-by-step guide to achieving financial independence, covering
topics like saving, investing, and creating multiple streams of income.

8. "The Simple Path to Wealth" by JL Collins:


JL Collins offers straightforward advice on investing, with a focus on low-cost index funds
and building wealth over time. The book is based on his popular blog series.

In addition to reading these books, consider tracking your spending, creating a budget, and setting
financial goals. There are also many free online resources, such as blogs, podcasts, and YouTube
channels, that offer valuable financial advice.

If you have specific questions or need more personalized guidance, feel free to ask!
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