Thanks to the Internet, there are many more ways for making money. People can get rich by becoming bloggers, posting videos on TikTok, or live betting. Yet, sometimes even the richest people cannot manage with their finances. These 3 books will be helpful if you want to achieve the hardest financial goals.
The Richest Man in Babylon by George S. Clason
A book for beginners which shows, through the example of ordinary people, how to build up capital. It gives very simple advice on how to become rich. Although this advice is very simple, many people find it hard to follow because it is not easy to implement. “Keep some of what you earn for yourself,” is this advice. It has become a proverbial truth, and almost all authors talk about it in their financial books.
George Samuel Clayson encourages the observance of simple rules:
- With every amount of money you earn, set aside at least 10%. Appetite comes with food. Before you know it, you’ll be working your way up to 20, 30 or 40 percent.
- Consult with knowledgeable people. I take this advice with caution for the simple reason that we do not have that many in our country. Therefore, in the first stages of accumulation and multiplication of their funds I recommend to read professional literature and be sure to filter the information obtained there.
- Money should work. This is taught even on the first courses of universities. Only they do not tell you how to do it with small amounts of money, which are at the disposal of the majority of the population.
Think and Grow Rich by Napoleon Hill
The book was published in the early XX century and was republished more than 40 times. It is considered a bestseller. The book contains the author’s experience in studying the psychology of successful people. The main conclusion that makes Napoleon Hill and brings to us that wealth is work, constant work on yourself, the search for ideas and action.
The book contains the stories of famous millionaires who believed in themselves, in their idea and went for it despite the ridicule and misunderstanding of others.
Motivation at the stage of realizing that we are missing out on something in life and doing it wrong is very important. Everyone has to go their own way to understanding the need to manage their own money.
Hill’s book inspires, teaches you how to think and get rich. If you need a magic kick, welcome to the pages.
The One-Page Financial Plan. A Simply Way to Be Smart About Your Money by Carl Richards
Richards believes that even the most educated and prosperous people are afraid to plan and make a personal budget. It seems complicated, there is no time or energy to go into it, and besides, money is stressful, so it is easier to leave everything as it is.
In the first chapter, Richards suggests asking yourself, “Why do I need money? What am I going to do with it?” It’s not an easy question to answer, especially if you’re used to buying only what you need. But it’s easier to start handling money consciously if you have a goal: to save for a place to live, a business, or a free old age.