To change our lives in positive ways will require us to have access to new resources– and the resources we most need usually cost us money and time. Here is a list of essential reads to help you address your challenges with money and help you to get your goals on track.
9 Steps to Financial Freedom (The): Practical and Spiritual Steps So You Can… – Suze Orman
The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying
Orman is the head of her own financial-planning firm, a certified retirement specialist, and a best-selling author. In this book, she analyzes the psychological and spiritual factors involved in how we perceive money. Her definition of financial freedom is “when you have power over your fears and anxieties instead of the other way around.” Through case studies, Orman illustrates the psychological importance of money and its effect on our lives. She offers practical guidelines for investing, preparing a budget, purchasing a home, getting out of debt, and writing a will. A helpful financial worksheet is included. This book is available through the website listed below as well as from Amazon.
Automatic Millionaire (The): A Powerful One-Step Plan to Live and Finish Rich – David Bach
The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich
Packing powerful strategies into one beautifully simple book, best selling author David Bach has written the “Who Moved My Cheese?” For money – a little gem of a book that shows how you can “automate” your way to financial security, whether you have a head start on retirement or just live paycheck to paycheck.
David has transformed his best-selling finish-rich wisdom into a simple and compelling program that makes you rich automatically – without a budget, discipline or painful sacrifice. By capitalizing on the abundance of automated financial transactions available now, The Automatic Millionaire lets you put the plan in place yourself, today, with or without a financial advisor. With the jargon-free coaching that has made him so popular, Bach provides the most important information you need to know about money, from how much to invest to which phone numbers to dial to activate the program. It’s the “fix it and forget it” of finance!
For millions of Americans discouraged by the economy, and the 97 million Americans who haven’t yet saved a dollar for their future, The Automatic Millionaire will be a life-changing book. Just do it once, Bach says. The rest is automatic!
Much more information about this book and many others by David Bach is available from the website listed below. This book is available from Amazon.
Conscious Finance: Uncover Your Hidden Money Beliefs and Transform the … – Rick Kahler
Conscious Finance: Uncover Your Hidden Money Beliefs and Transform the Role of Money in Your Life
This book is a self-help guide to a complete money makeover. It offers a practical, usable plan for building a comfortable and productive relationship with money, starting from the inside out. Unlike other books on personal finance, it helps you not only with the technical side of money, but also with the often neglected emotional or psychological side of finance. If you feel stuck in a cycle of destructive money decisions, or you worry constantly about money, the problem may have more to do with your emotions than your finances. Money choices are governed, not by logic and facts, but by your deepest emotions and beliefs about money. You can identify and change those unconscious beliefs and the destructive behaviors they generate. This book shows you how. It explains the hidden beliefs about money we all have–beliefs we aren’t even aware of, but that can keep us making the same money mistakes over and over. More significantly, it offers detailed and specific exercises to help you change those beliefs in order to successfully change your financial habits for the better. In addition, Conscious Finance offers clear, easy-to-understand explanations and instructions for managing money. For novices, it provides all the information you need to create and follow a workable spending plan, get out of debt, invest wisely, and plan for the legacy you want to leave. For those already knowledgeable about finances, it includes cutting-edge information on asset protection and on choosing financial advisors. The authors, who are financial planner and client, share their own stories with humor and insight, presenting authoritative financial advice in a warm, readable style. This book goes far beyond strategies for solving immediate money problems. It is a unique blend of information on exterior finance (the mechanics of managing money) and interior finance (your emotional relationship with money). Conscious Finance includes exercises for clarifying your life aspirations and setting goals to help you achieve them. This book can help you learn to give money its appropriate place in your life–not as something to be accumulated for its own sake, but as a valuable tool to be respected and used to help you build a satisfying and fulfilling life. It is available from Amazon.
Financing Your New or Growing Business: How to Find and Get Capital for … – Ralph Alterowitz
FINANCING YOUR NEW OR GROWING BUSINESS: How to Find and Raise Capital for Your Venture
This book teaches you how to get the gold, starting with how to create a capital acquisition strategy, all the way to contracts and agreement structures and how to involve the “right” attorneys. You can learn which government agencies and organizations can help your efforts and you can gain insight into the cash havens available for businesses and start-ups. More information on this book can be found from the website listed below. It is available from Amazon.
Investing from Scratch: A Handbook for the Young Investor – James Lowell
A lot has changed since Investing from Scratch first appeared, and this revised edition takes it all into account for those in their 20s and 30s who are hoping to invest their way to wealth. In a straightforward style backed by useful charts and graphs, finance expert James Lowell makes it clear that you don’t need to be rich to become that way in the market. Readers will learn how to:
- create a budget they can live and invest with
- select the most appropriate investments
- design a mutual fund portfolio, and much more
With easy-to-understand definitions of essential terms, up-to-date post-“Internet bubble” strategies, and fully revised charts and graphs, Investing from Scratch is an invaluable resource for future investors. This book is available from Amazon.
Millionaire Next Door (The) – Thomas J. Stanley
The Millionaire Next Door
In this book, the authors Stanley (Marketing to the Affluent) and Danko (marketing, SUNY at Albany) summarize findings from their research into the key characteristics that explain how the elite club of millionaires have become “wealthy.” Focusing on those with a net worth of at least $1 million, their surprising results reveal fundamental qualities of this group that are diametrically opposed to today’s earn-and-consume culture, including living below their means, allocating funds efficiently in ways that build wealth, ignoring conspicuous consumption, being proficient in targeting marketing opportunities, and choosing the “right” occupation. It’s evident that anyone can accumulate wealth, if they are disciplined enough, determined to persevere, and have the merest of luck. In The Millionaire Mind, an excellent follow-up to the highly successful first analysis of how ordinary folks can accumulate wealth, Stanley interviews many more participants in a much more comprehensive study of the characteristics of those in this economic situation. The author structures these deeper details into categories that include the key success factors that define this group, the relationship of education to their success, their approach to balancing risk, how they located themselves in their work, their choice of spouse, how they live their daily lives, and the significant differences in the truth about this group vs. the misplaced image of high spenders. This book is available from Amazon.
Money Book for the Young, Fabulous & Broke (The) – Suze Orman
The Money Book for the Young, Fabulous & Broke
This book was written to address the specific financial reality that young people face today, and it offers a set of real, not impossible, solutions to the problems at hand and the problems ahead. Concisely, pragmatically, and without a whiff of condescension, Suze Orman tells her young, fabulous & broke readers precisely what actions to take and why. Throughout these pages, icons direct readers to a special YF&B domain on Suze’s website that offers more specialized information, forms, and interactive tools that further customize the information in the book. Her advice at times bucks conventional wisdom (Did she just say use your credit card?) and may even seem counterintuitive (Pay into a retirement fund even though your credit card debt is killing you?), but it’s her honesty, understanding, and uncanny ability to anticipate the needs of her readers that have made her the most trusted financial expert of the day.
Over the course of ten chapters that can be consulted methodically, step by step, or on a strictly need-to-know basis, Suze takes readers past broke to a secure place where they’ll never have to worry about revisiting broke again. And she begins the journey with a bit of overwhelmingly good news (yes, there really is good news): Young people have the greatest asset of all on their side-time. This book is available from Amazon.
Seven Stages of Money Maturity (The): Understanding the Spirit and Value of… – George Kinder
The Seven Stages of Money Maturity: Understanding the Spirit and Value of Money in Your Life
This book, by financial advisor and Buddhist teacher George Kinder, presents a totally original look at the ins and outs of individual economics. Drawing on timeless spiritual wisdom in addition to modern fiscal doctrine, Kinder deftly combines the philosophical and the practical to help readers broaden their understanding of the overall role that money plays in life from childhood onward–and, more importantly, put themselves on firmer footing with it today.
Most financial advisors and books about money approach finance as if it were simply a skill to learn, the same sort of thing as hitting a fastball or speaking French like a diplomat. Money maturity does include skills, such as understanding investment options and using a budget effectively, but it goes much deeper, to the feelings, the heart, and, yes, the soul.
By following three composite characters throughout the book and examining their experiences through the prisms of his own background and development, Kinder explains how to evolve naturally through these seven specific states (innocence, pain, knowledge, understanding, vigor, vision, and aloha) to achieve both financial and personal security. This book is available from Amazon.
Soul of Money (The): Transforming Your Relationship with Money and Life – Lynne Twist
The Soul of Money: Transforming Your Relationship with Money and Life
This book is a wise and inspiring exploration of the connection between money and leading a fulfilling life. It shows us that examining our attitudes toward money- how we earn it, spend it, invest it, and give it away-can offer surprising insight into our lives, our values and the essence of prosperity. Through moving stories and practical principles, Lynne Twist demonstrates how we can replace feelings of scarcity and guilt with experiences of sufficiency and freedom. Lynne shares from her own life and work, a journey illuminated by remarkable encounters with the richest and poorest people on earth, from the famous (Mother Teresa and the Dalai Lama) to the anonymous but unforgettable heroes of everyday life. More information and excerpts from the book can be found at the website listed below. The book is available from Amazon.
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and… – Vicki Robin
Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century
In an age of great economic uncertainty when everyone is concerned about money and how they spend what they have, this new edition of the bestselling Your Money or Your Life is an essential read. With updated resources, an easy-to-use index, and anecdotes and examples particularly relevant today-it tells you how to:
- get out of debt and develop savings
- reorder material priorities and live well for less
- resolve inner conflicts between values and lifestyle
- save the planet while saving money
- and much more
In this book, Vicki Robin shows readers how to gain control of their money and finally begin to make a life, rather than just make a living. This book is available from the website listed below as well as from Amazon.
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