5 Books That Will LeadYou To Personal Wealth
For those of us who are living paycheck to paycheck, a little extra cash would go a long way. But you have a full time job and a family to raise; who has time for a second job? There is an answer. Financial planning and investments require little time and effort and can be adapted to any budget. No experience? Start a small library of some financial books and guides. Whether in print or online, books can enrich your life with the know-how you need to fill your wallet. Here are five that no library should be without.
1. The Automatic Millionaire: Self-made millionaire and best-selling author David Bach shares a story of an average couple who became millionaires. They did this even though their jobs brought in less than $55, 000 a year. The best thing about this book is that it could be true for you, too. He is going to tell you how you can set up a plan in less than an hour, without a budget. You don't have to put in lots of time or effort, either. He even gives you the phone numbers and websites you need to learn how to do this. The only investment required is the few dollars you'll spend on this book.
2. Think and Grow Rich: What makes this book special is the research that went into it. It is more than just one man's story. Author Napoleon Hill has interviewed more than 40 millionaires to find out how they became as rich as they are. His thought is that the common threads that made them millionaires could be adopted by anyone. His extensive research uncovered the secrets of their successes. He then created a plan so you could apply those secrets to your own life and build your own wealth. This is one book you can't afford to pass up!
3. Beating the Street: For those who love the thrill of investing. If you aren't sure how to choose the best stocks, Peter Lynch gives you this clever guide to the stock market. He explains in detail, and with a little humor besides, how he chose stocks that gave him returns of up to 300%. He will show you how to investigate each company, including credit checks, before buying a single stock. His expertise shows in his resume which includes managing the Fidelity Magellan Fund during its most successful 13 years. Shortly after that he became vice chairman at Fidelity. Peter Lynch is also the author of 'One Up on Wall Street' and 'Learn to Earn'.
4. The Intelligent Investor: This book was first published in 1949 and has since been called 'the bible of the stock market'. Benjamin Graham lets you in on the secret of his infinite wisdom of the ins and outs of the stock market. This updated version draws parallels between Graham's knowledge and today's market. This makes it easy to understand how his superior knowledge of the early days can be applied to today's market. This book omits the gimmicks and guarantees typical of today and lays out all you need to know for good portfolio management. This is a book for serious investors. Graham doesn't so much teach you how to maximize profits, but rather how to minimize losses. This is a timeless book for true investors.
5. Rich Dad, Poor Dad: In this book, author Robert Kiyosaki shares his thought and feelings of growing up with his own father, his "poor dad" while his best friend grew up wealthy thanks to his other father, his "rich dad". Daily, he watched his own father struggle to make ends meet, while he saw his best friend living on easy street. Discovering what could make two intelligent men so inherently different became a lifelong passion. His "rich dad" used to say that "poor men work for their money-rich men make their money work for them." Taking that message to heart, Kiyosaki began a lifelong journey to find out how to make your money work for you. He shares that with you in these pages. He was also able to retire at age 47.
There really are ways to earn enough extra cash to enable you to live comfortably with little time, effort and risk. Yes, you can earn extra income with proven passive investing techniques in your spare time. These books walk you through making that extra money. Forget the get-rich-quick schemes that have flooded the internet. The only way to succeed financially is to keep reading, keep learning. No one knows it all. The best way to stay on top of your game is to know more.
1. The Automatic Millionaire: Self-made millionaire and best-selling author David Bach shares a story of an average couple who became millionaires. They did this even though their jobs brought in less than $55, 000 a year. The best thing about this book is that it could be true for you, too. He is going to tell you how you can set up a plan in less than an hour, without a budget. You don't have to put in lots of time or effort, either. He even gives you the phone numbers and websites you need to learn how to do this. The only investment required is the few dollars you'll spend on this book.
2. Think and Grow Rich: What makes this book special is the research that went into it. It is more than just one man's story. Author Napoleon Hill has interviewed more than 40 millionaires to find out how they became as rich as they are. His thought is that the common threads that made them millionaires could be adopted by anyone. His extensive research uncovered the secrets of their successes. He then created a plan so you could apply those secrets to your own life and build your own wealth. This is one book you can't afford to pass up!
3. Beating the Street: For those who love the thrill of investing. If you aren't sure how to choose the best stocks, Peter Lynch gives you this clever guide to the stock market. He explains in detail, and with a little humor besides, how he chose stocks that gave him returns of up to 300%. He will show you how to investigate each company, including credit checks, before buying a single stock. His expertise shows in his resume which includes managing the Fidelity Magellan Fund during its most successful 13 years. Shortly after that he became vice chairman at Fidelity. Peter Lynch is also the author of 'One Up on Wall Street' and 'Learn to Earn'.
4. The Intelligent Investor: This book was first published in 1949 and has since been called 'the bible of the stock market'. Benjamin Graham lets you in on the secret of his infinite wisdom of the ins and outs of the stock market. This updated version draws parallels between Graham's knowledge and today's market. This makes it easy to understand how his superior knowledge of the early days can be applied to today's market. This book omits the gimmicks and guarantees typical of today and lays out all you need to know for good portfolio management. This is a book for serious investors. Graham doesn't so much teach you how to maximize profits, but rather how to minimize losses. This is a timeless book for true investors.
5. Rich Dad, Poor Dad: In this book, author Robert Kiyosaki shares his thought and feelings of growing up with his own father, his "poor dad" while his best friend grew up wealthy thanks to his other father, his "rich dad". Daily, he watched his own father struggle to make ends meet, while he saw his best friend living on easy street. Discovering what could make two intelligent men so inherently different became a lifelong passion. His "rich dad" used to say that "poor men work for their money-rich men make their money work for them." Taking that message to heart, Kiyosaki began a lifelong journey to find out how to make your money work for you. He shares that with you in these pages. He was also able to retire at age 47.
There really are ways to earn enough extra cash to enable you to live comfortably with little time, effort and risk. Yes, you can earn extra income with proven passive investing techniques in your spare time. These books walk you through making that extra money. Forget the get-rich-quick schemes that have flooded the internet. The only way to succeed financially is to keep reading, keep learning. No one knows it all. The best way to stay on top of your game is to know more.