250. Top 5 Books About Money You Must Read

Money is a terrible master. It will drive you into the ground if it’s running your life. But it’s also an amazing servant if you tell it where to go and you understand funds. If you are just dipping your toes into the world of money and you feel intimidated or it feels like it's this hard, weird, complicated thing, I want you to understand first and foremost, that is by design. But honestly, managing your money well isn't really that complicated. I consider it my job to put more money in the hands of more women, I like to deconstruct the scary and make it super simple. In today's episode, I want to share with you the top five books I really think can make a massive difference in your financial journey, and also in helping you create a new relationship to money. Book 1: The Psychology of Money The Psychology of Money by Morgan Housel talks about very specific stocks that you can purchase or decide to invest in through Vanguard. (I am not an affiliate of Vanguard, but everybody that works with me knows I am a huge fan and I am actually invested in my own funds inside of Vanguard). He really breaks down exactly where their money is, how they've decided to divide it up inside of retirement and before they retired. And it's that simple breakdown that makes this book so valuable.  The other thing I think you're really going to love about this book is the first opening chapter. It talks about how nobody on this earth decides one day to wake up and mess themselves up financially. So if you've been beating yourself up for where you are financially or judging others, think of family members, spouses, your children, anybody and the way that they're using money, it's probably either a fear they haven't dealt with or something they just don't know. Book 2: Quit Like a Millionaire There are two authors for Quit Like a Millionaire, and they are actually romantic partners, and it's so great to watch their journey. It's Kristy Shen and Bryce Leung now, their journey together, you guys, they started their investment journey right before one of the biggest stock market crashes we've all ever experienced. And I so appreciate her honesty about this journey. These two beautiful humans are part of the fire generation. If you don't know what that means, it stands for Financially Independent Retire Early the fire generation. So what they do is they share how they were able to retire well, in their 30s. And this is not like some crazy scheme. What I appreciate about this book is the practical approach. These are two regular human beings who have figured out exactly how to invest in the market in a healthy, consistent, sustainable way and the sustainable piece, I think, is the most important. This is one book I recommend you get an actual hard copy of in your world, because she goes into great detail about IRS rules and how you can pull out your money without creating taxable events. All legally. Listen in for the rest of my money book recommendations. Let’s get to it! Books Mentioned: The Psychology of Money by Morgan Housel Amazon: https://amzn.to/4ecUNi1  Quit Like A Millionaire by Kristy Shen and Bryce Leung Amazon: https://amzn.to/4cNps45  The Soul of Money by Lynne Twist Amazon: https://amzn.to/3TgwDem  Profit First by Mike Michalowicz Amazon: https://amzn.to/3Mw09sJ  Unshakable by Tony Robbins: https://amzn.to/4g9PSjy  The Bogleheads’ Guide to Investing  Amazon: https://amzn.to/3X9ilNL  #FinancialFreedom #MoneyMasteryBooks #SmartInvesting #MoneyWisdom #FinancialSuccess #MoneyMindsetBooks #WealthBuilding You can check out our podcast interviews on YouTube, too! http://bit.ly/YouTubeSWalton   Thank you so much for listening. I’m so honored that you’re here and would be so grateful if you could leave a quick review on Apple Podcasts by clicking here, scrolling to the bottom, and clicking “Write a review.” Then we’ll get to inspire even more people! (If you’re not sure how to leave a review, you can watch this quick tutorial.)