7 Books On Investing Money That’ll Also Make Great Gifts
When you’re just starting to figure out your finances, investing can seem intimidating. However, once you get a good financial foundation in place, it’s smart to consider how your money can do some work for you. If you’re thinking it’s time to up your financial game, consider reading these seven books. And if you’re not quite ready, that’s totally fine, too. But maybe you know someone who is, and these books on investing money will make great gifts year-round.
1. “Invested: How Warren Buffett and Charlie Munger Taught Me to Master My Mind, My Emotions, and My Money (with a Little Help from My Dad)” — Danielle Town and Phil Town
The Skinny: Warren Buffet and Charlie Munger are the real OGs of investing, so any book that breaks down their tactics is sure to be a page-turner for anyone looking to grow their money. Town and her father start at the beginning though, with the basics of investing money, before diving deeper into how to find companies that have the same values as you, make smart financial moves and more. There are 12 steps in this book and by the last one, you or your loved one will have the power to really grow that money.
2. “Investing Habits: A Beginner’s Guide to Growing Stock Market Wealth” — Steve Burns and Holly Burns
The Skinny: If a foundation to start investing is what you or a loved one needs, then Steve and Holly Burns can help. Their book breaks down some of the simplest ways to start investing, like a 401(k) or Roth IRA, and give real-life examples to help put it all in perspective. Investing money isn’t a get-rich-quick strategy. It’s a habit that, when formed at a young age, can really make your money last for a long time to come.
3. “Millennial Money: How Young Investors Can Build a Fortune” — Patrick O’Shaughnessy
The Skinny: Like we said with the last book, investing money is something everyone should start doing at a young age if they want their money to make it through the long haul of life. Millennials are going to have a tougher time than past generations making their money last through retirement. We’re expected to work and live longer and that means we need more money for later in life. O’Shaughnessy explains all of that and more in his book. This book will help anyone learn how to invest money in sustainable ways, while also overcoming mistakes and staying calm during setbacks.
4. “Investing for Beginners: The #1 Money Making Starter Guide” — Rich Harrington
The Skinny: Sometimes the hardest part is just getting started. Help yourself or someone else with Harrington’s book. The simple guide to investing starts at the beginning so you can really understand all of the terms and phrases before putting a penny anywhere. You’ll also learn how and where to invest money so that you can feel confident that your money will grow over time.
5. “Dividend Investing Your Way to Financial Freedom: A Guide to Live Off Dividends Forever” — Millionaire Mob
The Skinny: A dividend is money that a company pays its shareholders (like those who own stock) when it makes money every quarter or year. It’s a great way to make your investments matter that much more, and blogger Millionaire Mob breaks it down for you in this book. Dividends pay pretty well and can increase your returns on your investments, which can mean more money in your pocket for a lot time. If you or a loved one is looking to buy stocks, read this book and then pick companies that pay dividends to their shareholders to maximize that money.
6. “Investing in Rental Properties for Beginners: Buy Low, Rent High” — Lisa Phillips
The Skinny: Real estate offers some of the highest returns on your investment, so if you or someone you know is looking for to get into this game, read Phillips’ book. It breaks it all down and in a way that isn’t too far out of your budget. Phillips talks about investing money in properties worth no more than $30,000, and then enjoying your profits now instead of later. That sounds like a pretty nice present, right?
7. “Smart Women Love Money: 5 Simple, Life-Changing Rules of Investing” — Alice Finn
The Skinny: You’re a smart woman. Your friends are smart women. It’s time to put your brains and bills to work by investing your money and changing your financial life for good. Finn empowers women in her book to seriously take control of their money and futures by investing it. She outlines five simple, easy-to-follow rules that’ll take you from savvy saver to badass investor in no time.
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