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Now the worst book I ever read is a tossup between Rich Dad Poor Dad and Why the Rich are Getting Richer, both by the same author. Our library had both.
My vote is for The Only Investment Guide You'll Ever Need by Andrew Tobias. It covers a broad range of investing and personal finance topics. You can get more detailed information from other books on a specific topic, but Tobias is the book to go to for your introduction to this information.
I like him, too! I also liked "The Millionaire next Door"; I'm one of those people. I once told a trusted friend my net worth and she threw back her head and laughed! I don't look the part and that's just fine with me.
There are really two categories of books here: one is the "mindset" category such as "The Millionaire Next Door" which helps you set priorities, live below your means, etc. The other is on how to invest your money as you accumulate it. My advice is to go to a bookstore or the public library and find books that resonate with YOU. I love the "Dummies" series (e.g. "Investing for Dummies")- they assume no pre-knowledge, they're clearly-written and they have a sense of humor. Apply your common sense and know what fits your style. I have zero interest in buying property and becoming a landlord although many people have become wealthy that way. I've done fine owning only a primary residence. Some authors, most notably Dave Ramsey, are in the "all credit cards are evil" camp. Some people are best off following that advice, especially if they're trying to pay off large credit card debts right now. I like my credit card perks and never carry a balance. I have never read Benjamin Graham's book but it sure as heck worked for Warren Buffet.
Do any of these books also focus on things like insurance, trusts, tax planning and/or estate planning? Or are they mostly focused on investments and budgeting?
I skimmed part of the 10 page introduction and listed to part of the audio book. Does he ever get around to talking about money? On the surface, this feels like a memoir.
Mine have already been mentioned, but I'd like to second Making the Most of Your Money by Jane Bryant Quinn. I bought the first version in the 1980s when I was in my late 20s and it gave me the tools and philosophy that I still use today. She helped me get from basically nothing to very comfortable 30 years later. Just sound, sensible long-term advice.
The other two books I love are The Only Investment Guide You'll Ever Need and The Millionaire Next Door
Location: Was Midvalley Oregon; Now Eastside Seattle area
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7 Laws of Money, Phillips, michael. 1974 1st ed.
The long version is about 40 pages. The short version 1 page. The real short version is 7 enlightenments.
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