Must Read Books
April 9, 2021
Written by Scott Lancaster
Read Time 6 Minutes

5 books that will help you make more money

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Can reading help you make more money?

If you just read a few of the books listed below, your view of money and your income will change forever.

That's a promise.

It may not be today or tomorrow, but you will get rich over time and have a richer relationship with money.

Trillions of dollars have been made because of the teachings in these books.

They have been bestsellers written over the past 100 years. And reading just one or all of them is an exceptionally good use of your time.

Each give a fresh perspective in the act of making money.


The millionaire next door

This book shows you the simple spending and saving habits that lead to more cash in the bank than most people earn in their life while helping you avoid critical mistakes on your way to financial independence.

It explains that most millionaires are the people that you don’t expect –they are more likely to live in modest houses and drive old cars.

Why they are millionaires is that they save, invest, and live far below their means.

This great book analyzes habits of millionaires so you can learn how to build them too.

It has a lot of practical tips that you can start using immediately and will impact the rest of your life.

Best quote: People whom we define as being wealthy get much more pleasure from owning substantial amounts of appreciable assets than from displaying a high-consumption lifestyle.


Think and grow rich

Think and grow rich is the bible for successful people in general.

In 1930s, author Napoleon Hill interviewed a series of millionaires and philanthropists, starting with the steel magnate Andrew Carnegie. They shared their 13 most prevalent habit.

Here are 3 habits we can quickly explore:

First is to use autosuggestion to build an unshakable belief in yourself.

You can do this by telling yourself over and over again, that it is possible for you to achieve your goals, that you can make your dreams a reality, and that you have to go your own way and can’t let anyone interfere with it, you form these beliefs in your subconscious.

Second is to be stubborn and always stick to your decisions.

Hill quotes lack of determination as the most common reason for long-term failure.

Millionaires on the other hand, make snap decisions, and then they stick to them.

And finally join a Mastermind group to cut the learning curve.

Napoleon Hill invented the Mastermind group as we know it today.

He defined it as “The coordination of knowledge and effort of two or more people, who work toward a definite purpose, in the spirit of harmony.

The main benefit is that by combining the brain power of two or more people to solve problems, the result is more than the sum of its parts.

Best quote: "If you truly desire money so keenly that your desire is an obsession, you will have no difficulty in convincing yourself that you will acquire it. The object is to want money, and to be so determined to have it that you convince yourself that you will have it."

The Millionaire Fast Lane

This book points out what is wrong with the working hard, saving 10% and retiring rich at 65 age long tradition.

The author is not also preaching the get-rich-quick sermon.

The author, MJ DeMarco explains a better strategy which is to use the volatility of the financial markets to get rich quickly and enjoy it now instead of when you are old.

In this book, you will learn that wealth stands for 3 things, but none includes money.

Curious right?

Well, he explains that wealth stands for meaningful relationships with friends and family, being healthy and physically fit and freedom, the part where money comes in.

The book also helps you think like a producer, instead of a consumer.

Best quote: "Show me a 22-year-old who got rich investing in mutual funds. Show me the man who earned millions in three years by maximizing his 401k. Show me the young twenty-something who got rich clipping coupons. Where are these people? They don't exist."

The science of getting rich

Even though it contains nothing that even vaguely resembles "science," this 1910 book provided the intellectual framework for thousands of personal wealth-building seminars. 

Whether it’s learning to grow a garden, beginning a family, or simply learning a new skill, everyone desires to progress and have a life of plenty.

You will learn why competition isn’t a viable way to happiness.

This book also tells us that cultivating an attitude of gratitude is important.

And insist that all the resources for a happy and fulfilling life are well within your reach.

Best quote: "There is abundance of opportunity for the man who will go with the tide, instead of trying to swim against."

The simple path to wealth by J.L Collins

This book took a slightly different approach from the previous books mentioned above.

The book is largely based on the stock investing series that J.L. Collins offers on his website and is focused almost exclusively on index fund investing.

But the book provides investment strategy based on where you are in your career, including how to invest when you’re accumulating versus withdrawing money.

The book outlines a solid strategy in three distinct phases, focusing on your accumulation phase (when you are making money), growth phase (when you are growing money), and deployment phase(when you are using the money to live on).

If you are looking for a simple and sound investment book then definitely check out the Simple Path to Wealth by J.L. Collins.

Best quote: “There are many things money can buy, but the most valuable of all is freedom. Freedom to do what you want and to work for whom you respect.”

Do you want to be financially wealthy?

If you're ambitious about growing your income and net-worth, it may help speaking to someone who has experience in wealth management or building wealth. We're happy to suggest and give some advice regarding personal finances if you ask us, but also be sure to check out our youtube interview with Perry from 'Stupid Is The Norm'. We discuss all things finance and showcase how simple it can be to become very wealthy in a reasonably short period of time.


Begin preparing for the new age today


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