Making money is not all about business, it is more of an art and one who masters the art gets the money. If you are planning to make some money, make sure that you follow the same path that the richest people have once followed. There are many money books and guides there to let you understand the mystery of making money and being successful.
One thing that must be kept in mind is that making money is not all about scoring high; it is rather the art of maintaining and protecting the wealth that you manage to accumulate over time and effective allocation of the same. Here is a brief list of books that can be your one time guide to make and manage money.
1. The Richest Man In Babylon
Authored by George S. Clason, this book is a must read for those who are willing to add a few more bucks to their existing wealth list. This book focuses on saving the money earned and not getting into the vicious circle of debt or else the effective earning runs into zero. The book also suggests cutting down expenditures on unnecessary items which make it one of the best money books of all times.
2. Your Money Or Your Life
Compiled by Vicki Robin and Joe Dominguez, this money book focuses on an interesting aspect of earning. It demonstrates making money as a tradeoff between your energy and earning. While making money, it also is needed to be kept in mind that you do not lose your health on the way or compromise with the quality of life that you have. Hence, this book highlights the aspect of earning wealth not at a cost of your health.
3. The Intelligent Investor
Authored by Benjamin Graham and commented by Jason Zweig, this money book emphasizes on the risks associated with unplanned investments through a live example taken from the author’s life. The way he went into absolute loss and then recovered from the same with patience and planned investments will surely enrich you with precious tips and views regarding making money and preserving the same.
4. The Little Book of Common Sense Investing
The way you invest decides the amount you make. Random investments can never bring you near the desired results yielding high returns. Instead, opting for planned investments with ample market research will help you make good money. This money book by Jack Bogle emphasizes on the same perspective and helps you to understand the pros and cons associated with any investment plan.
5. A Random Walk Down Wall Street
Investment is the key to making wealth and when it comes to intelligent investments; ensure that you have this book by Burton G. Malkiel with you. One of the most recommended money books in the financial domain, this money book highlights on investment strategies and ways to earn money even when the market becomes less responsive.
6. The Simple Path to Wealth
One of the best money books of all times, this one by JL Collins focuses on saving as much as possible during the early days of the career and make a significant fund for future investments. Even at the risk of some loss, the money the majority of the fund that you save should be put to market investments according to the author. If you are looking for that one book that can be enough to get you near to the goal of becoming wealthy, this book is a must read for you and will surely guide you through the process of accumulating and maintaining wealth.
