If you are looking to grow your wealth, it makes sense that you begin educating yourself through reading books dedicated to wealth generation. But with such a saturated market of books out there containing hoax strategies or bad advice, it can be challenging to find books that will really help with your wealth generation. There is a silver lining: there are tons of great books out there to educate you on growing your wealth if you only know where to look. We have taken the guesswork and research out of the equation to bring you what we believe to be the best books on wealth generation. These four books will help you grow your money and generate new wealth while also teaching you how to maintain said wealth.
‘The Millionaire Mind’ by Thomas J. Stanley
The author of the bestselling (and also highly educational) ‘The Millionaire Next Door’, Thomas J. Stanley returned with this book to dissect the minds of successful, wealthy people. He studied how self-made millionaires overcame adversity to become the financial monsters they are today. Stanley researched their strategies of career choice, calculated risk, and balanced lifestyles to better educate the masses on wealth generation. What makes a millionaire tick? Stanley answers that important question and will help teach you the proper way to generate and maintain your personal wealth.
‘How to be Rich’ by J. Paul Getty
Getty is a successful businessman who has studied the business industry and decided to share the secrets of his success with those who want to follow in his footsteps. ‘How to be Rich’ provides a map to making and maintaining wealth. The book is aimed at rising business executives, but the advice can be applied to would-be millionaires of any industry. This book also provides an in-depth but easy-to-read explanation of the stock market for beginners. With this book, you can learn all about wealth generation and the steps you can take today to become wealthy.
‘The Richest Man in Babylon’ by George S. Clason
Considered by many to be a ‘must-have’ on your financial bookshelf, Clason dives into ancient parables to give advice about money that is still useful today. He explores ancient Babylon and tells the secrets behind their success in creating and maintaining their own wealth. Although this may sound like outdated information for wealth generation in the current times, the advice is timeless and beyond useful for those just beginning their financial journey. The advice is especially useful for those looking to escape debt and guard lasting wealth. By reading ‘The Richest Man in Babylon’, you will become privy to tried-and-true knowledge about earning and keeping wealth.
‘Think and Grow Rich’ by Napoleon Hill
Another classic, ‘Think and Grow Rich’ is meant to motivate people from all walks of life to generate their wealth and live successfully. This book is unique in the way that it is meant to be universally appealing to people from all walks of life and careers. Although it is mainly geared towards amassing wealth, it is also a self-help book that can aid in helping your personal growth and inspiring you to pursue your dreams. Hill focuses on introspection and an individual’s power to grow their wealth and become successful. This book is a must-read for everyone.