There are great financial books to read before you turn 30 and learn more about saving, investment, and credit and put your knowledge to good use. Top financial books are a treasure, whether you are a young professional or close to retirement. Successful businessmen, entrepreneurs, and investors author inspiring books on topics such as liquidity, risk choice, microfinance institutions, credit markets, debt avoidance and a lot more.
The Science of Getting Rich
Authored by Wallace Wattles, this book has inspired many wealth-building seminars and is a must-read for young entrepreneurs, business owners, and professionals. It is easy to read and promises to change your mind and life by teaching you how to attract wealth. The secret to getting rich is to create ideas that make millions and take action.
Think and Grow Rich
This is yet another book that will change your life for good. Written by Napoleon Hill, it is a self-help book that was inspired by the experiences of successful entrepreneurs and businessmen. Think and Grow Rich is the result of 20 years of research and teachers readers about the importance of positive mental attitude.
The Intelligent Investor
A book by Benjamin Graham, this is a brilliant and thought-provoking piece for young investors. The author focuses on investment analysis and different approaches to portfolio management, including the defensive and positive approach. This is a great book to learn about finance and how to invest safely. Graham emphasizes how important it is to have a margin of safety when developing an effective investment strategy. The book teaches readers to purchase stock only when prices fall below what is called a conservative valuation.
Beating the Street
This book is authored by Peter Lynch who is himself a successful hedge fund manager and stock investor. Readers learn how to profit from market opportunities by selling and buying stocks. The author encourages readers to pick investment solutions they find attractive and focuses on smaller-cap companies as a way for individual investors to gain a competitive edge over large institutions. The book will teach you how to improve your returns and explores concepts such as PEG ratio, percentage of sales, and others.
The Alchemy of Finance
This is a must-read finance book by George Soros who is one of the most profitable and successful investors of his time. Soros offers an insight on current market and financial trends and introduces innovative investment strategies. The author explores major problems such as the Damoclean Third World debt and the US trade and domestic deficits and offers unique solutions – a system of variable-rate bonds and a global oil-based currency.
There are other best-selling finance books that teach business, investment, and finance fundamentals. Must-read books include Kiyosaki’s Rich Dad, Poor Dad, Jim Cramer’s Get Rich Carefully, Greenblatt’s The Little Book That Beats the Market, and many others.