I hand-picked the following wealth building books as the best resources (in my humble opinion) for developing the habits and attitudes that lead automatically to wealth. These books discuss what I believe is the easiest and most certain path to financial freedom. Each of these wealth building books offer a slightly different perspective on the subject, so look them over and see which one is most compelling for you…
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
Stanley and Danko completed extensive research on millionaire habits with the intention of forming a marketing strategy to sell to the wealthy. What they discovered was so surprising it became a New York Times bestseller and perennial favorite. I honestly thought I was a freak until I read this book and realized my habits were typical of millionaires.
The Millionaire Mind
The reason I like Stanley and Danko’s books so much is they are the only ones in the group who researched actual millionaires to determine the correct habitudes. Many authors use conjecture and anecdotal evidence. These guys used hard research.
Stop Acting Rich: …And Start Living Like A Real Millionaire
This is the third and most recent book in their series on millionaire habitudes. It rounds out the trilogy for fans of the previous books.
How to Be Rich
If you want to learn about building wealth there is no more authoritative teacher than J. Paul Getty. Surprisingly, this book provides down-to-earth actionable habitudes that you can implement in your own life.
The Wealthy Barber, Updated 3rd Edition: Everyone’s Commonsense Guide to Becoming Financially Independent
A straightforward approach to the most basic habitudes to build wealth. A classic in the field.
The Richest Man in Babylon
No library on wealth building for the “normal” person would be complete without this classic parable. The principles taught are basic and timeless at the same time.
Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth
I’m not a big fan of Harv Ecker’s marketing practices but there is no denying the addition this book makes to this subject. I include it grudgingly with the warning to stick with the book only and not get roped into his marketing funnel for upsells from the book.
Think and Grow Rich
This is a classic and a must read. I’ve personally read it several times and will read it to my children someday. It is that good.
Rich Dad’s CASHFLOW Quadrant: Rich Dad’s Guide to Financial Freedom
Robert’s “Rich Dad” series is a bestseller for a reason. My complaint is his books became quite repetitive and were short on actionable advice. I recommend this one because it teaches some very important principles that make a unique contribution to the literature.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century
I still remember the first time I read this book. Actually, my wife and I listened to it as a book on tape while taking a long drive. It stimulated many great shifts in thinking and clarified my stance on consumerism while bringing clarity to the process of how simple the road to financial freedom really is.