Over the last couple years I’ve really enjoyed reading personal finance books. I had a list on Amazon.ca and recently updated it and thought I’d share it here as a post. The following are my top 25 personal finance books, anything from investing and portfolio allocation to taxes and saving money.
- The Wealthy Barber by David Chilton – A must read for any Canadian. Simple advice written like a novel teaches you the basics of financial planning.
- The Four Pillars of Investing by William Bernstein – Details the theory, history, psychology and the business of building a portfolio.
- The Little Book of Common Sense Investing by John C. Bogle – A compelling argument for following the market through index funds, from the founder of Vanguard.
- Smart Couples Finish Rich by David Bach – A worthwhile read that encourages couples to discuss their finances.
- The Richest Man in Babylon by George S. Clason – Originally written in the 1920′s, this book is written as a story to get people interested in their personal finances.
- Random Walk Down Wall Street by Burton Malkiel – An investment guide that will show you how to build your portfolio.
- The Millionaire Next Door by Thomas J. Stanley – An interesting book that shows how the majority of millionaires attain their wealth.
- The Intelligent Investor by Benjamin Graham – While not an easy read, a must for anyone serious about investing, by the mentor to Warren Buffett.
- The Warren Buffett Way by Robert G. Hagstrom – A great introduction to value investing.
- Stocks for the Long Run by Jeremy J. Siegel - Shows the benefits of long-term investing in the stock market.
- The Automatic Millionaire by David Bach – Takes the usual “pay yourself first” strategy and adds the extra benefit of setting up your savings to happen automatically.
- 397 Ways To Save Money by Kerry K. Taylor – Hundreds of ways to save money from the blogger behind squawkfox.com.
- Triumph of the Optimists by Elroy Dimson – A wealth of investment data that aids in understanding stock valuations.
- Your Money Or Your Life by Vicki Robin – This book will change how you think about spending your money.
- The Investment Zoo by Stephen A. Jarislowsky – Goes against the conventional wisdom and makes a case for holding stocks throughout your retirement.
- 10,001 Ways to Live Large on a Small Budget by The Writers of Wise Bread – Thousands of budget-stretching tips from the writers at wisebread.com.
- The Naked Investor by John Reynolds – Criticizes the investment industry for prioritizing their own wealth building over that of their clients.
- All About Asset Allocation by Richard Ferri – As the title suggests, this book shows you everything you need to know about having an asset allocation strategy.
- Spend Smarter Save Bigger by Margot Bai – An excellent book that covers the major personal finance topics that matter to Canadians.
- The Future for Investors by Jeremy J. Siegel – Uses history to show what investors should look for to receive a better return.
- Winning the Loser’s Game by Charles Ellis – Another worthwhile book about investing in index funds and not trying to beat the market.
- Unconventional Success by David F. Swensen – Praises low-cost index funds and ETFs over high MER mutual funds that reduce your wealth building opportunities.
- Tax Freedom Zone by Tim Cestnick – Easy to read book about tax saving strategies available to Canadians.
- The Pension Puzzle by Bruce Cohen – A book about pensions for Canadians, including CCP, OAS and employer pensions.
- Your Money and Your Brain by Jason Zweig – Explains how psychology effects our financial decisions.
- Consider Municipal Bond Funds for Your Fixed Income and Cash Investments
- The Total Money Makeover By Dave Ramsey
- How to Go Into Debt to Get Out of Debt
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Thank you for listing the interesting books,I just want to ask you if there is a book about” how young people should deal financially”?.When I mean young ,I mean student and independents ones.
Mutuelle, you could have a look at Sink or Swim: Get Your Degree Without Drowning in Debt. Another interesting book is Leaving Home: Survival of the Hippest.
Mutuelle, another good book i wish i discovered in University but just red it recently is “Rich by Thirty” by Leslie Scorgie. It gives advice on setting up a budget, examples of budgets and investments tips for those in University and the young independent ones. Good luck
there is a very good book ‘rich dad, poor dad’. it’s about the economical education and how to make your money work for you and not the opposite..
I know this book and it’s very good
Bill Miller didn’t write “The Warren Buffett Way.” It was Robert Hagstrom.
JLP, thanks for the correction. Looks like I copied the wrong name, Bill Miller wrote the foreword.
Great list. thx
Mutuelle santé´s last blog ..Augmentation des beneficiaires de l’aide à l’acquisition d’une mutuelle sante
Last night, while I was scribbling some notes at Starbucks, a guy sauntered in, wearing a two or three day old beard, slid his backpack from his shoulder onto the long table normally reserved for physically challenged folks.Then, slowly, painfully, his started unloading the contents of his bag, ostensibly setting up shop.First a music player came out, along with huge earphones, the type you see pilots of 777’s using in the cockpit. Instantly, he turned this device on, and out poured some bizarre music that conflicted chi straightening irons with the satellite radio station the coffee house had on.Next, a laptop was disgorged, activated, and his Yahoo home page sprang to life.Not nearly finished, the cell phone came out along with at least two or three other gadgets, each being introduced to the table with ceremonial seriousness.I got up and distanced myself from this endless parade of gizmos by seizing a table ten feet away.There’s a classical album called, “Frank Sinatra: A Man & His Music.” Well, this dude’s theme could be, “Joe Blow: A Man & His Technology.”Years ago, anti-materialists use to proclaim: “You aren’t your car” and “You aren’t your job.”I’m here to say, we aren’t our technology, either.I just returned from a vacation in which I didn’t check my email once. It was an amazing thing because not only didn’t I mi…
Rich dad, poor dad definately a must read. It advises to go outside what is “normal” but within the limit of legal.
hello and thank you for the list.
Personally I have already read the book Your Money Or Your Life by Vicki Robin and I must say that I loved, so I think I’m going to be tempted by others to the list.
thank you again