182 Personal Finance Books Recommended By Paul Lawrence Vann That Cover Debt Management, Investing, and Budgeting

When it comes to personal finance it is better to make it a way of life as opposed to a one-and-done experience. Why?

In order to live your best life, your personal finances must be in alignment with your entire life because of the fact you have essential needs (roof over your head), and nonessential needs (fun money, vacation). Reading is fundamental and because it is, acquiring knowledge is imperative if you are to master your money.

Paul discusses five books that assist you in better understanding debt management, investing, and budgeting and they strike a wonderful balance to get you started on your financial journey. May this get you on your path to better understanding your personal finances.

The first book is Paul recommend is The Millionaire Next Door by Thomas Stanley and William Danko. I have this book and continue using it as a reference for many decisions I make with my personal finances. The ideas covered in this book are simple but powerful: This book helps you learn to spend less than what you make. Save money every month. If you spend less, your income need will be less and therefore your taxes will be lower. Get this book and you will thank yourself for it later.

Dave Ramsey is the author of The Total Money Makeover. The Total Money Makeover" can truly make a difference in the lives of those struggling with debt and credit cards. In this book, Dave says families should start with seven steps, including saving $1,000 in an emergency fund, paying off all debt (except mortgage) using a debt snowball strategy, and saving three to six months of expenses in a fully-funded emergency fund.

The next book is titled Raising Financially Fit Kids by Joline Godfrey. I identify with this book because I have two teenage children. It's very important to raise your children to be financially literate especially in today's economy. This book covers the ways financial education can help children achieve their dreams and become more confident, as well as concepts like financial sustainability and charitable giving

Smart Women Love Investing is written by Alice Finn. Finn'sThis book provides an overview of the challenges and unique financial circumstances women experience before turning to five steps to successful investing for women. These include investing in stocks for the long run, allocating assets, and rebalancing a portfolio regularly.

The next book I recommend is The Bogleheads' Guide to Investing is a great first investing book written by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf.This book was created by followers of John C. Bogle, founder of the Vanguard Group and advocate for the index mutual fund, this book outlines the Bogleheads' style of investing in a way that's clear and easy to understand. This book is a product of a movement away from attempts to time the market and instead toward a slow and steady investment strategy that relies on a few simple principles, including keeping investing expenses low.

These personal finance books will serve you well, it represents a small sample of finance books that can make a positive impact on how you think and manage your personal finances. Take some time out to read one and or all of these personal finance books.

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