Saving Money with Three Books

When I started working after college in 1993, I was thrilled to get a job and make more than minimum wage. However, that $5.65 an hour didn’t stretch as far as it might, and I started to learn the hard lessons of personal finance all over again.

My parents shared their financial experience with me, of course, and some of their lessons did rub off, but it took experience to really make those lessons really stick.

Experience is a good – but sometimes brutal – teacher, so thank goodness for the gentle education of three books I’ve come to cherish over the years. These books helped me expand my outlook of money and understand that saving money is a lifestyle that needs t


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3 Responses to Saving Money with Three Books

  1. Hilary says:

    Thanks for the list! I really enjoyed reading Burton Malkiel’s Random Walk Guide to Investing. It was a very simple, yet thorough introduction to investing and saving money (and all the issues that are correlated such as life insurance, taxes, etc.). One might think that it will make all sorts of claims about which stocks to buy, etc., but it does just the opposite. You walk away from the book realizing that investing can be very easy and not at all time consuming, which was a huge relief to me.

  2. Jari Jokinen says:

    I haven’t read “Rich Dad, Poor Dad”, but I think Kiyosaki’s slogan “don’t work for money, make money work for you” is one of the best tips that you can give to a person who wants to get rich.

  3. Viewsfromtheloft says:

    Another favorite is “Your Money or Your Life”. It gives you some eye opening perspectives on the ‘whys’ and the ‘wheres’ of where your money goes. Using some of the techniques in that book helped me pay off $4000 of credit card debt within two years. Very helpful/useful tool.

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