Best Financial Books For Grads
It is graduation season!
Wondering what great wisdom you can impart to a graduating student?
I’ve put together a list that should get you started. These financial books were recommended by a wise bunch of my peers in the XY Planning Network Facebook group, many of whom are on a path to building wealth by creating their own financial planning firms.
Here are the best financial books and some links to check them out. Enjoy!
Recommended Financial Books
Mary recommended: David Bach’s books. It was the first personal finance book I’d read. I really liked it because it had a lot of work to do on values, goals, happiness, etc. Books by David Bach
Peter recommended: Oh The Places You’ll Go by Dr. Seuss. I actually probably didn’t appreciate as much when I received it for a graduation present but, now reading it to my kid, I totally get it and it is one of the best graduation presents I received. Oh The Places You’ll Go by Dr. Seuss
John recommended: I usually give a copy of The Alchemist for inspiration. The Alchemist by Paulo Coelho
Art and Greg recommended: The Millionaire Next Door. The Millionaire Next Door books by Stanley and Danko. List
Listen to my interview with Dr. Sarah Stanley Fallaw, Dr. Thomas J Stanley’s daughter and founder of DataPoints.
Also, I really enjoyed The Dip by Seth Godin. The Dip by Seth Godin
Diana recommended: Rich Dad Poor Dad is always an inspiring one. Richl Dad Poor Dad by Robert Kiyosaki. Also one for teens.
Daniel recommended: Set For Life- Scott Trench – BiggerPockets has a graduation special going on for it right now. Set for Life by Scott Trench of BiggerPockets
Greg recommended: An old classic, The Millionaire Next Door, and surprisingly, Suze Orman’s Money Book for the Young, Fabulous, and Broke. Both really cover the basics. My niece opened her Roth IRA at age 19 and started her 401(k) at age 20 and she has her emergency fund nearly in place.
Russ recommended: I Will Teach You To Be Rich by Ramit Sethi. I Will Teach You To Be Rich by Ramit Sethi
Shawn recommended: I give ‘The Richest Man in Babylon’ as a graduation gift frequently. It’s an easy read and offers timeless, straightforward stories about financial steps for success. Richest Man in Babylon by George S. Clason