6 must read personal finance books to change your life in 2023

Personal finance is a topic that affects everyone, and it’s important to be equipped with the knowledge and tools to make informed decisions about your money. There are a multitude of resources available to help you on your journey to financial literacy, but sometimes it can be overwhelming to decide where to start. That’s why we’ve compiled a list of six life-changing personal finance books you MUST READ in 2023.

In this article, we have covered six life-changing personal finance books that you must read in 2023. These books include:

  • I Will Teach You to Be Rich by Ramit Sethi
  • The 4-Hour Work Week by Tim Ferriss
  • Rich Dad Poor Dad
  • Cashflow Quadrant by Robert Kiyosaki
  • Think and Grow Rich by Napoleon Hill
  • Lean In by Sheryl Sandberg

We have provided a brief summary of each book, highlighting key concepts and topics covered in each one. In addition, we have included personal finance keywords throughout the article to help readers understand the importance of financial literacy and to encourage them to take steps to improve their own financial situation.

Furthermore, we have answered several commonly asked questions related to personal finance, such as which book to read first, how to choose a book for beginners, and the basics of finance. We also discussed the benefits of personal finance books and the two principles of personal finance, saving and investing.

Overall, this article is a comprehensive guide to some of the best personal finance books available and serves as a useful resource for anyone looking to improve their financial literacy and achieve financial security.

These books have had a significant impact on ones financial journey, and we believe they have the power to do the same for you.

1. I Will Teach You to Be Rich by Ramit Sethi

Buy I Will Teach You to Be Rich: No Guilt. No Excuses. No BS. ...(2nd  Edition - Revised) Book Online at Low Prices in India | I Will Teach You to  Be

I Will Teach You to Be Rich is an excellent guide to personal finance that covers everything from budgeting to investing, saving, and debt management. The author, Ramit Sethi, provides actionable tips on how to automate your finances, negotiate bills, and increase your earning potential. The book is easy to understand and offers practical advice that can help you get your finances on track.

In one interesting chapter, “Save While Sleeping: The Automation System,” Sethi introduces the concept of automating your finances to save money effortlessly. He emphasizes the importance of creating a system that automatically invests a portion of your income into a retirement account, pays off credit card debt, and builds an emergency fund. By automating your finances, you can save more money without even thinking about it.

2. The 4-Hour Work Week by Tim Ferriss

Buy The 4-Hour Work Week: Escape the 9-5, Live Anywhere and Join the New  Rich [Paperback] Ferriss, Timothy Book Online at Low Prices in India | The 4 -Hour Work Week: Escape the

The 4-Hour Work Week challenges the traditional 9-5 work model and encourages readers to design a life that allows for more freedom and flexibility. The author, Tim Ferriss, provides practical tips on how to become a digital nomad, outsource tasks, increase productivity, and create passive income streams. The book is ideal for anyone who wants to live a fulfilling life while still earning a decent income.

In an interesting chapter, “The Low-Information Diet: Cultivating Selective Ignorance,” Ferriss emphasizes the importance of filtering out irrelevant information and focusing on what is essential. He encourages readers to unsubscribe from unnecessary emails, limit social media usage, and avoid negative news. By reducing information overload, readers can increase productivity and free up time for more important tasks.

3. Rich Dad Poor Dad by Robert Kiyosaki

Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor  and Middle Class Do Not! eBook : Kiyosaki, Robert T.: Amazon.in: Kindle  Store

Rich Dad Poor Dad is a classic personal finance book that presents two different perspectives on money management – one from the author’s rich dad and the other from his poor dad. The book emphasizes the importance of financial literacy and investing in assets that generate cash flow. The author, Robert Kiyosaki, explains how to develop a wealthy mindset and the benefits of investing in real estate. The book is an excellent resource for anyone who wants to break the cycle of living paycheck to paycheck.

In one interesting chapter, “The Rich Don’t Work for Money,” Kiyosaki explains the importance of investing in assets that generate passive income instead of working for a paycheck. He emphasizes the benefits of financial education and encourages readers to invest in real estate, stocks, and other assets that generate cash flow.

4. Cashflow Quadrant by Robert Kiyosaki

Rich Dad's CASHFLOW Quadrant: Rich Dad's Guide to Financial Freedom eBook :  Kiyosaki, Robert T.: Amazon.in: Kindle Store

Cashflow Quadrant builds on the concepts presented in Rich Dad Poor Dad and introduces the concept of the cashflow quadrant, which categorizes people into four groups: employees, self-employed, business owners, and investors. Kiyosaki emphasizes the importance of moving from the employee or self-employed quadrant to the business owner or investor quadrant to achieve financial freedom.

In an interesting chapter, “The Seven Levels of Investors,” Kiyosaki explains the seven different levels of investors, from level zero (those who have no investments) to level six (those who have investments in private equity, hedge funds, and venture capital). He encourages readers to develop their investing skills and move up the levels to achieve greater financial success.

5. Think and Grow Rich by Napoleon Hill

Think And Grow Rich [Original Edition (Complete), PREMIUM PAPERBACK] : Napoleon  Hill: Amazon.in: Books

Think and Grow Rich is a timeless classic that presents practical steps for achieving success and financial abundance. The author, Napoleon Hill, interviewed successful people from all walks of life and distilled their advice into a simple formula for success. The book emphasizes the importance of mindset, goal-setting, visualization, and persistence.

In one interesting chapter, “The Power of Autosuggestion,” Hill explains the power of the subconscious mind and how it can be harnessed to achieve success. He encourages readers to use positive affirmations, visualization, and other techniques to reprogram their minds for success.

6. Lean In by Sheryl Sandberg

Lean In: Women, Work, and the Will to Lead : Sandberg, Sheryl: Amazon.in:  Books

Lean In is a thought-provoking book that addresses the challenges faced by women in the workplace and provides practical advice on how to overcome them. The author, Sheryl Sandberg, shares her personal experiences and provides insights into how women can succeed in male-dominated industries. The book emphasizes the importance of networking, mentorship, and negotiation skills.

In an interesting chapter, “Sit at the Table,” Sandberg encourages women to take on leadership roles and assert themselves in the workplace. She emphasizes the importance of speaking up, taking risks, and not being afraid to ask for what you want. By doing so, women can achieve greater success and help promote gender equality in the workplace.


In conclusion, these six life-changing personal finance books offer valuable insights and practical strategies for achieving financial success. By reading and applying the advice presented in these books, readers can improve their financial literacy, develop a wealthy mindset, and take concrete steps towards achieving their financial goals. Whether you want to automate your finances, become an entrepreneur, or develop your leadership skills, there is a book on this list that can help you get there.

Frequently Asked Questions About Personal Finance

Which finance book should I read first?

If you’re new to personal finance books, a great place to start would be “The Richest Man in Babylon” by George S. Clason. It’s a classic that presents financial principles in a simple, easy-to-understand format.

How do I choose a book for beginners?

When selecting a personal finance book for beginners, look for books that are easy to understand, provide practical advice, and have positive reviews. Look for books that cover topics such as budgeting, debt reduction, and savings strategies.

Can finance be self-taught?

Yes, finance can be self-taught. There are numerous books, online resources, and courses available that can help individuals improve their financial literacy and develop the skills needed to manage their money effectively.

Which skill is best for finance?

One of the most important skills for finance is budgeting. Being able to create and stick to a budget is key to managing money effectively. Other important skills include investing, debt management, and risk management.

Is finance hard to learn?

Finance can be complex and challenging, but with the right resources and dedication, it can be learned by anyone. Personal finance books can be a great place to start, as they often present financial concepts in a simple and accessible way.

What are the basics of finance?

The basics of finance include concepts such as budgeting, debt management, investing, and risk management. These concepts are all essential for managing money effectively and achieving financial goals.

What are the benefits of personal finance books?

Personal finance books can provide a wealth of knowledge and insights into how to manage money effectively. They can help readers develop a wealthy mindset, improve financial literacy, and take concrete steps towards achieving their financial goals.

What are the two principles of personal finance?

Two key principles of personal finance are saving and investing. By saving money and investing it wisely, individuals can build wealth over time and achieve financial security. Other important principles include budgeting, debt management, and risk management.



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