The 7 Best Finance Books for Beginners to Read in 2024
By: Clifton Corbin
This post may contain affiliate links that at no additional cost to you, I may earn a small commission. Read full policy here.
Make 2024 the year you master your finances. The list below has some classics and newer titles to meet you where ever you are on your financial journey.
There are so many reasons to read books about personal finance. Here are just a few.
- Help you become more financially literate (save more, spend less, invest, and even avoid scams).
- Help you set and reach your financial goals.
- Help you feel better about your money, less stress and anxiety, and peace and calm.
- They are fun to read.
You may not believe me about that last one, but each book on this list is not just about money but is also a good read.
Well, that depends on you. Learning about money and how to manage money is a journey. But, no matter where you are in your financial journey, there is a book out there that can help you reach your goals.
Each book will resonate with you differently depending on where you are financially and how you consume information. While all have similar messages and end goals, helping you master your finances, their approaches are each a little different.
Start with the one that you feel most connected to. And if you feel like you need a bit more help or you want to focus on another part of your finances, like relationships, investing, or maybe you want to improve the knowledge of the kids in your life, come back to the list to find something new to keep you going.
The 7 Best Money Books for 2024
1. The Richest Man Person in Babylon: This book has held the top spot on most Financial Book lists for decades. And rightfully so. It is a fun book with easy-to-understand concepts. Unfortunately, the original has been around for almost 100 years and has some dated langue. So, I’m recommending this updated version. It is much easier to read, inclusive, and possibly more helpful than the original.
3. Get Good with Money: This book doesn’t pull any punches. It gets right into the highs and lows of managing money, with the authors falling from financial highs. Focusing heavily on budgeting, this book provides a step-by-step approach to finding your financial footing.
4. Why Didn’t They Teach Me This in School?: What is the key to understanding how to manage money? Keep it simple. This book is lean and easy to consume. No numbers and charts, just sound money advice that we should have all been taught at school.
5. Your Kids, Their Money: This book will guide adults in teaching children how to manage money best. Focusing on more than just earning and saving and allowances, this book gives you all the tools you need to talk to children about all thing money.
6. The Healthy Love & Money Way: Far too many books about money focus only on you as an individual. But there is a reason why money is among the number one causes of conflict in relationships. So this is a fresh take on money for beginners that focuses on money and relationships.
7. The Psychology of Money: This book focuses on how our actions can still be reasonable even if they are not rational. As someone who advocates for kids and young adults to build healthy money habits, I can’t think of a better resource.