Whether you desire to become a millionaire or want to gain more financial knowledge, educating yourself through reading is necessary to get ahead. From financial literacy books that teach you about planning and investing to inspirational stories about everyday millionaires, there are so many great books out there about making money.
But with so many books about money on the market today, it can be hard to know which ones are worth reading and which books are better left on the shelf. This article lists some of the best books out there about making money. And to make things even easier, they can all be found on the Headway app.
Let’s get started!
Key points
Money-making is an art that depends on several factors. But unfortunately, a substantial percentage of the population still does not know the novel ways of earning money, managing finances, and becoming rich.
Becoming a millionaire may seem impossible, but the good news is that it’s not necessarily out of reach. From 2019 to 2020, 675,000 new people became millionaires in the United States. This increase in millionaires is expected to continue for the next ten years!
Do you want to increase your earnings and join the newest crop of future millionaires? We rounded up the 12 best books about making money and how to get rich.
Some must-read books on making money include ‘The Richest Man in Babylon’ by George S. Clason, ‘The Automatic Millionaire’ by David Bach, and ‘The Millionaire Fastlane’ by MJ DeMarco.
12 of the best books about making money
1. Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker
Who do some people get rich easily while other people seem to be destined for a life of financial struggle? Is the difference due to intelligence, education, timing, habits, luck, contacts, or investment strategies? Eker tells us that the answer is none of the above.
‘Secrets of the Millionaire Mind’ connects aspiring how to be rich and being rich. The theory is separated into two parts. Part one focuses on identifying and resetting your money blueprint. Part two gives insight into the behaviors and thoughts of the rich. This book states that some people aren’t set up for financial success, but if you alter your money blueprint and start to think like the wealthy, you can rewire yourself to be rich too.
2. The Richest Man in Babylon: Six Laws of Wealth by George S. Clason
‘The Richest Man in Babylon’ teaches financial secrets that will lead you to financial success. This get-rich book is one of the most inspirational works on thrift, financial planning, and personal wealth.
It identifies the solution to financial problems that will guide you to wealth. Such secrets like keeping your money, making more by investing, and always finding a way to add value, makes this book a celebrated bestseller.
3. Thinking, Fast and Slow by Daniel Kahneman
Nobel Prize-winning psychologist, Daniel Kahneman, offers insight into the systems of emotional and logical thinking in ‘Thinking, Fast and Slow.’ Kahneman discusses how cognitive biases affect how we play the stock market or perceive risk. By understanding our two systems of thought, we can make better personal and professional decisions and prevent our biases’ negative effects.
Kahneman engages us in an entertaining conversation about how we think, revealing when we can and can’t trust our intuitions and how to tap into the benefits of slow thinking. The book offers practical and enlightening insights into how choices are made in our business and personal lives — and how we can guard against biases through practical techniques.
4. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by J.L. Collins
‘The Simple Path to Wealth’ is among the highest-rated books about making money. J.L. Collins wrote this book out of a series of letters for their daughter to provide a guidebook to achieving financial success and independence.
Collin’s book maintains that money is the ‘single most powerful tool’ and shows you how to use it to grow wealth. ‘The Simple Path to Wealth’ has been praised as an accessible investment and portfolio-building guide with clear takeaways on approaching debt, investing, and your mindset.
5. Business Adventures: Twelve Classic Tales From The World of Wall Street by John Brooks
People tend to believe starting a business is the fastest way to make money. This get-rich book, endorsed by self-made billionaires Bill Gates and Warren Buffett, will teach you just how to do that, but not the way a conventional business book does.
Don’t let the 1969 publication date throw you off. While a lot has changed in the business world since the 1960s, the fundamentals of building a strong business have not. Brooks’s deeper insights about business in ‘Business Adventures’ are just as relevant today.
6. The Automatic Millionaire: A Powerful One-Step Plan To Live Rich and Finish Rich by David Bach
What’s the secret to becoming a millionaire? For years people have asked national best-selling author David Bach these questions, and in ‘The Automatic Millionaire,’ Bach sets out to share the secret.
‘The Automatic Millionaire’ gives you a realistic system based on timeless principles to get rich fast. Bach provides everything you need to know, including phone numbers and websites, so you can put the secret to becoming an automatic millionaire in place from the comfort of your home.
7. Rich Dad Poor Dad: What The Rich Teach Their Kids About Money That The Poor and Middle Class Do Not! by Robert T. Kiyosaki
‘Rich Dad Poor Dad’ remains one of the most popular books about making money. It is a must-read if you want to start crafting a path to wealth while young. In this book, Kiyosaki draws on personal experience and analyzes the distinguishing habits between his two fathers. One dad was a highly educated man yet poor. The other father was a dropout who became a self-made multimillionaire.
The focus of ‘Rich Dad Poor Dad’ follows the different “quadrants” of the different classes of people. Kiyosaki explains how you can elevate yourself to the Investor quadrant, which will make you rich.
8. I Will Teach You to be Rich: No Guilt. No Excuses. No BS. Just a 6-Week Program That Works by Ramit Sethi
Personal finances can be scary, and some may need a little hand-holding. Whether you’re new to financial management or overwhelmed by the basics, you might be hesitant to take that next step toward earning more money.
If this resonates with you, ‘I Will Teach You to be Rich’ is a perfect read. This easy-to-read book provides a six-week program to help you whip your finances into shape. Each chapter teaches you basic financial concepts, with practical workbook exercises to complete after every chapter.
This comprehensive book on how to make money will help you:
eliminate your debt;
setup high-interest bank accounts;
learn a simple investment strategy;
automate your finances;
save for big purchases, like a new car or house;
save hundreds of dollars each month;
get a raise.
The engaging text and actionable advice in Sethi’s book will set you on a healthy financial path.
9. Everyday Millionaires: How Ordinary People Built Extraordinary Wealth — and how you can too by Chris Hogan
When reading about the lives of millionaires, it’s hard to fathom that many started as ordinary people. In reading stories about the everyday person’s rise to financial freedom, you can find tons of inspiration to achieve more for your family and your life.
‘Everyday Millionaire’ is based on the largest study ever conducted on U.S. millionaires. Chris Hogan interviewed over 10,000 millionaires to gain insight into their financial journeys. Hogan uncovered a shocking secret — that building wealth has nothing to do with your income.
Almost 80 percent of those millionaires didn’t receive an inheritance. One out of three never made six figures in a working year. Over half of those everyday millionaires graduated from public state colleges.
This book provides actionable financial advice based on Dave Ramsey’s methods and could be a great inspiration to improve your financial future starting today.
10. The Millionaire Fastlane: Crack the Code to Wealth and Live Rich For a Lifetime! by MJ DeMarco
‘The Millionaire Fastlane’ follows a simple premise. DeMarco distinguishes between life in the Slowlane (following the mainstream path to potential elderly wealth) and life in the Fastlane (the alternative path to extraordinary wealth).
As a self-made millionaire, DeMarco advocates that the key to generating wealth lies in identifying a need and offering a solution. This is a good read for problem-solvers and entrepreneurs alike.
11. Money Honey: A Simple 7-Step Guide for Getting Your Financial $hit Together by Rachel Richards
What if one book could alter how you think about money? What if you could finally do the things you know you should be doing but haven’t, paying down debt, creating a budgeting plan, and investing in the stock market? What if you could learn about finance without your eyes glazing over and falling asleep?
In ‘Money Honey,’ former financial advisor Rachel Richards makes the conversation about financial literacy fun and accessible. Richards is an investor and business owner and speaks from experience on the best way to achieve financial freedom. ‘Money Honey’ teaches readers how to:
double their income and halve their expenses;
consolidate their student loans;
improve their credit score;
open an investment account and start investing in the stock market;
allocate their money appropriately between debt payoff, short-term savings, and retirement.
‘Money Honey’ is a great book about making money for anyone who finds the world of finance dull and difficult to understand.
12. Secrets of Six-Figure Women: Surprising Strategies to Up Your Earnings and Change Your Life by Barbara Stanny
In 1998, the average woman brought home less than $25,000 a year. In fact, for every dollar a man earned, a woman made between 50 and 75 cents. The good news is that this is changing. Quietly and steadily, the number of women making six figures or more is increasing. Now, over fifteen million women make $100,000 or more, and the number continues to rise.
Barbara Stanny’s ‘Secrets of Six-Figure Women’ analyzes what makes these six-figure women do so well in the workplace. Stanny discovered that despite interviewing women from different backgrounds and work experiences, they all had specific characteristics in common.
‘Secrets of Six Figure Woman’ is an enlightening book for people who want to ensure their wealth and enhance their success. Stanny’s book about making money offers guidance, inspiration, and motivation to anyone looking to change their financial life.
Learn how to increase wealth with Headway
Luckily, the Headway app can help. Headway is a bite-sized learning platform that gives users essential knowledge to crush their goals. By researching the book’s concise summary on Headway, you can get a clear picture of what the book is about, what themes occur, and if the contents might interest you. Once interested, you can take it further and learn about the book’s core concepts. Headway provides the book’s core learnings through audio or visual formats so you can learn about making money quickly!
While Headway’s summaries won’t provide the same level of detail as reading the entire book, it saves you time by making the key ideas easy to understand.
Don’t forget to download the Headway app for unlimited access to thousands of books that will help you make more money and get rich today.
Frequently Asked Questions
What is the best book for getting rich?
Several books can help teach wealth-building practices depending on your desire. With that said, ‘The Richest Man in Babylon’ By George S. Clason, ‘The Automatic Millionaire’ by David Bach, and ‘The Millionaire Fastlane’ by MJ DeMarco are three of the most popular books on how to make money.
Can reading books make you rich?
Generally speaking, you can’t get rich just by reading books alone. However, reading does play a catalytic role in your journey to become rich. Most successful and rich people share reading as a common habit. Reading is one of the best ways to learn from others’ successes and attain success faster.
How to become rich in five years?
Everyone’s journey of building wealth is different. To make money, a great place to start is to become financially literate through self-education. This list of the 12 best books on how to make money is a great place to start!
