Grab these best money books to save and make thousands more this year to reshape your finances in 2017
There are almost 1.8 million books on business and money listed on Amazon…but only 163,000 of these money books has a rating of four stars or higher.
Most books about personal finances, making money and investing have all the credibility of a 3am infomercial but that doesn’t mean you can’t find books that will help you reach your financial goals. It also doesn’t mean you have to waste your time reading the stacks of unintelligible and poorly-written.
I’ve put together a list of my favorite money books for 2017, ones that I’ve read or plan to read this year. Many of the books in the list are by people I know personally from an annual financial bloggers’ conference and some of the best minds in personal finance.
All the books are available on Amazon with links to the page to read the full description. Most are available for just a few bucks on Kindle and all offer some great tips and tricks to make 2017 the year you reshape your financial life.
Best Money Books to Ditch Your Debt in 2017
For most people, turning around their financial lives means getting out of the debt cycle. People are forced into the debt trap by borrowing at high rates that keep them in debt for life. These money books will help you change your money mindset, pay off your debt and save more.
Zero Down Your Debt: Reclaim Your Income and Build a Life You’ll Love by Greg and Holly Porter Johnson
The book combines Holly and Greg’s experience paying off over $50,000 in debt along with years of learning about financial freedom from their site Club Thrifty. The personal anecdotes are great as motivation to help keep you on your journey to build a debt-free life.
Get Out of Debt Faster! A simple plan to become debt free once and for all by Derek Olsen
Derek’s book gets right to it with tips and tricks to reduce your monthly spending so you can pay off debt faster. Filled with templates and instructions, this is more of a workbook and will guide you every step of the way from changing your money mindset to paying down your debt.
The 4 Principles of a Debt-Free Life by David Auten and John Schneider
This isn’t just another book on how to pay down debt and live a happier, debt-free life. John and David take you through their actual journey out of credit card debt and what they learned about money. The personal story makes it a great read besides great advice.
Because it journals how the authors took control of their finances, the book centers around realistic financial advice that anyone can follow. You won’t find any lofty promises or radical ideas like sacrificing everything that makes you happy just to save money.
2017 Top Money Books for Making More Money
Sometimes saving money isn’t the answer. How does someone making $50,000 a year and supporting a family save money? They don’t and they never have the opportunity to reach their life goals. If you are ever going to find financial freedom, it’s going to start by making more money and learning how to use it.
The Passive Income Myth: How to Create a Stream of Income from Real Estate, Blogging, Stocks and Bonds by Joseph Hogue, CFA
If you are one of the 70% of Americans that say they hate their job then my story is one that might sound familiar. Straight out of the military and graduating college, I got a job I hated and could do nothing but dream about early retirement every day. I got pulled in to all kinds of ‘passive income’ businesses and learned the hard way that most are more work than a 9-to-5 job.
But there is some truth to the myth and you can make a ton of money in these businesses and I show you exactly how to get started. This isn’t some general overview book but a detailed guide into each income stream including how to get started, how passive you can make it and how to avoid the pitfalls.
Make Money Blogging: 9 Proven Strategies to Make Money Online by Joseph Hogue, CFA
In this new book, I detail the nine best ways to make money online or with a blog from the easiest to start to the ones that can make you thousands a month. Every chapter of the book explains the income source and helps you get started as fast as possible.
I explain exactly how I went from zero to making $5,000 a month in less than two years. You’ll learn how I’ve made over $15,000 self-publishing and the blogger’s secret to writing books. You’ll also see the exact process one blogger uses to make between $30,000 and $70,000 a month with online courses.
The 4-Hour Workweek by Timothy Ferriss
I was initially turned off on this book by the title. I hate all the false promises online about making millions and living the easy life as an entrepreneur. I’m sorry folks but success and entrepreneurship are hard work! It will take much more than a 4-hour workweek…try a 40-hour workweek, times two.
But I like Tim’s blog so I decided to read the book and see what everyone was talking about. It definitely lived up to the hype and I was surprised at the level of detail. The best part are the case studies drawn from the blog and podcast. The book covers all the common hurdles and lays out a blueprint for getting started.
Live Richer Challenge: Learn How to Save Your Money and Make More Money in 22 Days by Tiffany Aliche, The Budgetnista
If you’ve had trouble following the advice in other money books, this one will grab you by the hand and drag you to the goal! Tiffany’s book isn’t just a collection of advice but a three-week challenge that lays out what you need to do each week.
By the end of the first week, you’ll have changed your savings mindset and will be ready to put your saving on auto-pilot in week two. Week three teaches you how to start making more money to live richer. It’s a 22-day plan that will change your life.
Don’t Hire a Financial Coach! Until you Read this Book by Todd Tresidder
With all the talk about financial advisors and whether they have your best interest in mind, this book offers some great advice on how to get the most out of your money coach. Todd lays the book out in a direct and informative way, teaching you the steps to choosing the right money coaching service for your personal needs. A short read on Kindle, this book will save you lots of money by helping you avoid wasting money on bad advisors.
Best Money Books for Investing and Fun
Once you’re making more money, you want to learn how to make it work for you through investing. Then you can sit back and have fun, enjoying the fruits of your labor. Check out these last two money books to help you invest your money and relax.
Step-by-Step Dividend Investing: A Beginner’s Guide to the Best Dividend Stocks and Income Investments by Joseph Hogue, CFA
I love dividend investing! If you are going to invest your hard-earned money in a company and wait for the promise of future returns, the least that company can do is to pay you something while you wait. This book is about finding those best opportunities in dividend stocks and how to avoid the biggest traps in investing.
Not only will you find exactly how to reduce your risk and get great cash flow in dividend stocks, I’ve also included two chapters on other income investments. You’ll learn how to get special tax breaks in real estate investments and energy stocks that beat even other dividend stocks.
CHA-CHING! A Money Coloring Book by Sarah Li Cain
Money doesn’t have to be boring and Sarah has taken personal finance into the adult coloring book craze with 30 hand-drawn illustrations. Why not have a bit of fun while paying the bills?
Most of these money books are available for less than $10 on Amazon Kindle and a few are just a few bucks. You might not be instantly transformed into a money maven but even picking up a few money tips can help you save or make thousands…all for less than a couple of coffees at Starbucks. Don’t stop there, what are your favorite money books and which are you reading in 2017?