Books and Money
One common trait among Warren Buffet, Bill Gates, Larry Ellison and Donald Trump is that they are avid readers of financial literature. The second characteristic that unites them is that they are fabulously rich. Clearly, their love for books show that knowledge plays a crucial role in their success stories. Acclaimed authors have written books with remarkable insights for anybody aspiring to reach the pinnacle of financial success. The following are some of the 10 best titles that should engage the interest of every ambitious man or woman.
Authored by Paulo Coelho,
this international bestseller uses the story of a common shepherd,
Santiago, to explore on various insights and philosophies that are
crucial for success. One of the most outstanding lessons of the book is
that the universe has a way of conspiring to help people achieve their
goals. The book introduces the notion of the personal legend, which is
an imaginary embodiment of personal fortune that must be pursued through
a rigorous and disciplined practice of virtue. A keen reader can apply
the crucial lessons in this book to achieve extraordinary feats of
financial success.
George
Clason's book, The Richest Man in Babylon, uses the story of the lead
character, Arkad, to explain the 'road to wealth.' Arkad explains to his
friends, Bansir and Kobbi that part of what he earns is his to keep.
The statement holds the meaning of the book with particular regard to
the importance of spending wisely, saving wisely and investing part of
the income in order to earn interest. One outstanding merit about this
book is that it uses simple stories and parables to instruct the reader
on matters of financial progress.
In
this book, the author, Robin Sharma uses the character of Julian
Mantle, a highly successful lawyer to offer guidance on how to lead a
balanced life towards progress. Much of the book dwells on the
importance of passion, imagination and dreams as the three things that
determine the measure of happiness that people derive from their
circumstances. The story explores the merits of living in the moment and
making use of every opportunity in life. In various respects, the
author suggests that a balanced life governed by positive reflections
spurs growth in the areas of finances, health, career and other
important aspects of life.
Dale
Carnegie's book, How to Win Friends and Influence People, is full of
resourceful self-help tips that are meant to help individuals to reclaim
lost hopes. Moreover, the book guides the reader on structural ways of
achieving financial goals and other objectives in life. The author lays
emphasis on the development of new thoughts and new visions towards the
fulfillment of ambition. For example, the book provides useful guidance
on how to increase earning power and some practical ways of becoming a
better executive and salesman. Compared to The Alchemist, Carnegie's
text offers a more practical touch to pursuit of fortune.
This
book is a particular favorite for former US President Bill Clinton.
Author Stephen R. Covey introduces the idea of abundance mentality as an
important enabler of success. The book explains the meaning of success
from the background of the 'true north principles.' According to the
author, the inculcation of certain universal and timeless ethics in the
business of life determines the level of financial success and other
forms of achievement. The book opposes the habit of zero-sum games and
instead paints a scenario of multiple winners. The practice of
responsibility and sharing of profits are some of the key lessons that
could be borrowed by the reader to revamp broken parts in their lives.
Authors
Thomas Stanley and William Danko wrote this book after carrying out
various interviews with various millionaires to find out the dominant
traits among them. According to the book, rich people embrace the virtue
of budgeting and always ensure that they live below their means. The
book also extols the practices of saving and investing for short term
and long term gains. In a profound sense, this book is a valuable
resource for those who seek a life of financial freedom.
Suze
Orman uses her personal experience to give vital lessons of how to get,
retain and grow money. In the nine steps, Orman helps the reader to
confront fears about money and to include the aspect of spirituality
into financial matters. She encourages the virtue of honesty and
discourages against the use of plastic money, which she terms addictive
and destructive. This book is an indispensable resource for financial
progress particularly because it was written by a financial guru.
Rich
Dad, Poor Dad ranks third on this list of books that can spur financial
success. Authored by Robert Kiyosaki, this book covers various
practices that culminate into financial success. Through various
proverbs, Kiyosaki informs the reader that wealth is created through the
pursuit of financial independence, real estate investment, increasing
financial intelligence, starting and owning businesses, and ownership of
high-value assets. This book is a gem for any aspiring entrepreneur who
wants to make real money.
Napoleon
Hill wrote this book after studying the habits of highly successful
people. This book provides 13 principles that should guide anybody
towards all forms of personal achievement. Predominantly, the author
dwells on the power of the mind and focus as the crucial determinants of
success. Moreover, the author explains that desire, persistence and
faith are vital elements of success. This book ranks second because it
breaks down the process of success into 13 easy principles that could be
applied by a savvy investor to gain financial success.
This
book ranks at the top because it incorporates multiple issues,
examples, cases and theories to explain the difference between success
and failure. The author Malcolm Gladwell explains that great people are
made and not born. One of the outstanding lessons of the book is the
10,000 hour rule of success. The author gives examples the illustrate
that people who achieve masterclass levels of success in life invest
nearly 10,000 hours of effort in their respective fields. This book is
indispensable for whoever aspires for financial success.
Achieving financial success begins with gathering resourceful information and engaging your passion into a particular task. One of the recurrent theme in the above 10 books of success is the value of effort. Nearly every author insists on the primacy of effort and consistency in the pursuit for financial freedom. Put together, the various insights constitute a powerful ingredient of success in money matters and other endeavors.
One common trait among Warren Buffet, Bill Gates, Larry Ellison and Donald Trump is that they are avid readers of financial literature. The second characteristic that unites them is that they are fabulously rich. Clearly, their love for books show that knowledge plays a crucial role in their success stories. Acclaimed authors have written books with remarkable insights for anybody aspiring to reach the pinnacle of financial success. The following are some of the 10 best titles that should engage the interest of every ambitious man or woman.
10. The Alchemist

9. The Richest Man in Babylon

8. The Monk Who Sold His Ferrari

7. How to Win Friends and Influence People

6. The 7 Habits of Highly Effective People

5. The Millionaire Next Door

4. The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying

3. Rich Dad, Poor Dad

2. Think and Grow Rich

1. Outliers - The Story of Success

Achieving financial success begins with gathering resourceful information and engaging your passion into a particular task. One of the recurrent theme in the above 10 books of success is the value of effort. Nearly every author insists on the primacy of effort and consistency in the pursuit for financial freedom. Put together, the various insights constitute a powerful ingredient of success in money matters and other endeavors.