5 personal finance books that every millennial should read

Grifin
Grifin
Dec 9, 2017 · 2 min read

Do you often see the “are you still watching?” screen pop-up while watching Netflix? Have you rewatched The Office, Parks and Recreation, or a similar series more than twice? Do you feel lost when your roommate is home and you can’t indulge in your guilty pleasure, watching HGTV?

If you answered “yes” to any of these questions, it’s imperative that you turn off the TV, and find a new hobby. Maybe pick up a book for a change.

Yeah, a book! Remember those?

While you’re at it, why not make it educational? Here are 5 books that discuss the pillars of finance- banking, investing, saving and budgeting- and provide strategies on how to start managing your money at a young age:

The Millionaire Next Door, by Thomas J. Stanley

This bestseller discusses the seven most common traits that wealthy people possess. It includes tons of tips that are practical and easy to follow, so that young people can implement them in their lives and start forming good habits early on.

Rich Dad Poor Dad, by Robert T. Kiyosaki

An oldie but a goodie. This book explores the financial lessons that the author learned from both of his fathers: his own father, and his best friend’s father, or his “rich dad”.

“Rich Dad Poor Dad” is filled with tons of advice for those who didn’t grow up with a rich friend with a rich dad, and, as a result, weren’t able to hear this advice first-hand.

I Will Teach You to be Rich, by Ramit Sethi

A 6-week personal finance program for millennials, delivered in a funny, clever and practical way. A must-read if you’re interested in finance, but not boring.

Millennial Money, by Patrick O’Shaughnessy

The way millennials should think about and manage their money is completely different than the way of their parents’ generation. “Millennial Money” provides young professionals with strategies to start investing early, and describes ways to avoid the most common mistakes investors make.

The Total Money Makeover, by Dave Ramsey

This book provides a “financial fitness” plan to change people’s perspectives on personal finance, which also provides you with the opportunity to tell people that you work-out without it being a flat-out lie.

Ramsey explains how to get out of debt, warns about the dangers of cash advances, and debunks the 10 most dangerous money myths.

Learn more at www.grifin.com


Words by Lauren Vehar

Grifin

Written by

Grifin

Buy stock where you shop. Learn more at www.grifin.com