Ever wondered what books helped shape the financial wizards who seem to have it all figured out? From Suze Orman to Dave Ramsey, the most successful money experts share one thing in common—they’re voracious readers. When they’re fine-tuning strategies, looking for inspiration, or just finding new ways to stay ahead, books play a massive role in their success stories.
I’ll admit, I used to think most of these “must-read lists” were just PR fluff. But then I started digging into the books recommended by people who actually know what they’re talking about, billionaires, financial advisors, and self-made millionaires. What I found wasn’t a collection of dry textbooks or impenetrable economic theory. Instead, it was a mix of practical advice, eye-opening perspectives, and surprisingly human stories about overcoming challenges.
Some of these books might not even seem like “finance” books at first glance, and that’s part of the magic. They explore mindset, habits, and resilience, things just as important as crunching numbers. So, if you’re ready to peek into the libraries of the financial elite, here are 13 books that keep money moguls at the top of their game.
1. “The Total Money Makeover” by Dave Ramsey
You can’t talk about personal finance without mentioning Dave Ramsey. His book, “The Total Money Makeover,” is a go-to guide for anyone drowning in debt or just looking to get their financial house in order.
Ramsey’s no-nonsense approach, complete with practical steps like the famous “debt snowball method,” has helped millions regain control over their finances. It’s straightforward, effective, and brutally honest, just like the man himself.
2. “The Intelligent Investor” by Benjamin Graham
Warren Buffett calls this book “the best book on investing ever written,” and who are we to argue? Written by Graham, the father of value investing, it teaches readers how to make rational, informed investment decisions.
What makes it timeless is its focus on discipline and risk management rather than chasing trends. If you’re serious about investing, this is a book you’ll revisit time and time again.
3. “Think and Grow Rich” by Napoleon Hill
This book has been around since the 1930s, but it’s still a favorite among today’s financial titans. Tony Robbins often cites it as a key influence on his mindset about money and success.
Hill’s interviews with early 20th-century millionaires like Andrew Carnegie led to a blueprint for achieving wealth. While some ideas feel dated, the core principles of focus and persistence remain evergreen.
4. “Money: Master the Game” by Tony Robbins
Speaking of Tony Robbins, his own book, “Money: Master the Game,” is a financial powerhouse. Robbins interviewed some of the world’s top investors, like Ray Dalio, to create a guide that demystifies everything from mutual funds to retirement planning.
It’s packed with insights and strategies but written in a way that’s accessible to everyday readers. If you’ve ever felt overwhelmed by investing, this book might just change your mind.
5. “The Psychology of Money” by Morgan Housel
Morgan Housel’s “The Psychology of Money” has quickly become a favorite of financial gurus, including Tim Ferriss, for its insightful take on how emotions drive financial decisions.
The book emphasizes that managing money isn’t just about math; it’s about behavior, risk tolerance, and perspective. It’s a must-read for anyone who wants to improve their financial decision-making.
6. “Principles” by Ray Dalio
Billionaire Ray Dalio’s own book, “Principles,” is part memoir part guide to decision-making. It’s been endorsed by countless business leaders for its practical approach to tackling challenges.
Dalio’s lessons on systems thinking and emotional resilience are just as applicable to personal finance as they are to running a hedge fund.
7. “I Will Teach You to Be Rich” by Ramit Sethi
Ramit Sethi’s book is as straightforward as its title. Packed with practical advice on saving, investing, and spending smarter, it’s a favorite among young professionals looking to take charge of their finances.
Sethi’s approach is all about living your “rich life,” spending lavishly on what you love while cutting back on what doesn’t matter.
8. “Daring Greatly” by Brené Brown
Another unexpected entry, Brené Brown’s “Daring Greatly,” is often recommended by financial coaches for its focus on vulnerability and risk-taking.
While it’s not about money per se, the lessons on courage and resilience can help readers overcome fear about starting a business, making investments, or negotiating a salary.
9. “The Art of Happiness” by Dalai Lama and Howard Cutler
Billionaire investor Ray Dalio often recommends this book for its wisdom on finding balance and joy in life, values that often get lost in the pursuit of wealth.
It reminds us that true success isn’t just about money; it’s about peace of mind and purpose.
10. “How to Win Friends and Influence People” by Dale Carnegie
This classic is a favorite of Warren Buffett, who credits it with helping him master the art of communication and negotiation.
While it’s not a finance book, the lessons on building relationships are invaluable for anyone looking to succeed in business or investing.
11. “The 4-Hour Workweek” by Tim Ferriss
Tim Ferriss’s groundbreaking book has inspired countless entrepreneurs, including many financial experts, to rethink how they work and live.
The focus on automation, outsourcing, and designing your ideal life resonates with anyone looking to break free from the grind.
12. “The Alchemist” by Paulo Coelho
Sometimes, the most powerful lessons come from unexpected places. Oprah Winfrey often cites “The Alchemist” as a source of inspiration for pursuing dreams and staying true to yourself.
While it’s not about dollars and cents, its themes of persistence and faith are relevant to anyone chasing financial freedom.
13. “Delivering Happiness” by Tony Hsieh
The late Tony Hsieh’s book about building Zappos into a billion-dollar business is a favorite among entrepreneurs like Ev Williams.
It’s part memoir, part business guide, with lessons on creating value and staying true to your mission. Hsieh’s focus on customer satisfaction and company culture reminds us that long-term success comes from more than just profit; it’s about creating something meaningful.
12 Books That’ll Change Your Views of Life
Although the impact of a book changes from person to person, there are a handful that have universally solidified their spots on the must-read list. So check out these 12 books next time you need inspiration on what to read, you just might learn a life lesson or two.
12 Books That’ll Change Your Views of Life
20 Things Poor People Waste Money on, According to Suze Orman
If you’ve ever watched her show, you know Suze Orman pulls no punches. She’s all about calling out bad money choices, urging people to take control of their financial destinies and ditch those pesky spending habits that derail progress. While her advice can be blunt, she aims to empower folks to build wealth and protect their financial futures.
It’s important to note, Suze Orman gets flak sometimes for being too harsh. She’s not shaming people, but highlighting how certain expenses can sabotage big goals like homeownership or a comfortable retirement.
20 Things Poor People Waste Money on, According to Suze Orman
12 Things Poor People Waste Money on Daily, According to Warren Buffett
This list is inspired by Buffett’s general philosophy, not direct quotes. The goal is to distill his wisdom into actionable steps for the average person. Think of it as “What would Warren Buffett do?” when deciding whether that daily treat or impulse purchase is truly worth it.
12 Things Poor People Waste Money on Daily, According to Warren Buffett
With an honors degree in financial engineering, Omega Ukama deeply understands finance. Before pursuing journalism, he honed his skills at a private equity firm, giving him invaluable real-world experience. This combination of financial literacy and journalistic flair allows him to translate complex financial matters into clear and concise insights for his readers.
