Tue, 03 October 2023
Money, money, money! It’s what makes the world go round, and the need for money is undeniable. This month we recommend four books that will help you be give your money a makeover.
Lords of Finance - The Bankers Who Broke the World
by Liaquat Ahamed
This insightful book takes you through key events that led to the Great Depression (1929-1939). It was listed as one of the best books of 2009 in the New York Times and on Amazon. The book indulges in the personal histories of the four heads of the central banks of the United States, Germany, Great Britain and France. It also delves into the career of the renowned British economist, John Maynard Keynes, who condemned several of the central banks’ policies at that time. One of the themes that the book focuses on is how it was onerous to predict the financial future based on the events.
Rich Dad Poor Dad
by Robert T.Kiyosaki and Sharon Lechter
Robert T.Kiyosaki is a renowned businessman who has been famous on the internet for his methods on how to make money and save money. The book was launched in 1997 along with Sharon Lechter with the aim of bringing awareness to the importance of starting your own business, improving your financial literacy and educating readers on how to be financially independent through smart investments. The book was rated 4.1/5 on Good Reads and was recognised by New York Times as a best seller, having sold over 32 million copies. In the book, Robert Kiyosaki speaks of the mindset of his two dads, one who was academically focused and the other who believed in owning assets.
The Total Money Makeover- A Proven Plan for Financial Fitness
by David Ramsey
Written in 2013, this book is famous for its knowledge on how to get out of debt and always remain financially stable. It also clarifies money myths that have been around for ages and focuses on giving readers a better insight into how to save up for retirement. The author effectively does this by bringing to light a few real time stories of individuals and couples who benefited from his ideology. There’s no wonder that over five million copies of this book have been sold, and that it has been on the Wall Street Journal Best Sellers list for 500 weeks.
The Richest Man in Babylon
by George S.Clason
This is a timeless and straightforward guide to personal finance and wealth accumulation. Set in ancient Babylon, the book imparts financial wisdom through a collection of parables and stories. It explores essential concepts such as saving, investing, budgeting, and avoiding debt. Clason’s simple yet powerful lessons emphasise the importance of disciplined savings, long-term planning, and making prudent investments. With practical advice and memorable characters, the book provides readers with timeless principles for achieving financial success and building wealth. It remains a popular and influential book that offers valuable insights for anyone seeking financial independence.