182 Personal Finance Books Recommended By Paul Lawrence Vann That Cover Debt Management, Investing, and Budgeting

When it comes to personal finance it is better to make it a way
of life as opposed to a one-and-done experience. Why?


In order to live your best life, your personal finances must be
in alignment with your entire life because of the fact you have
essential needs (roof over your head), and nonessential needs
(fun money, vacation). Reading is fundamental and because it is,
acquiring knowledge is imperative if you are to master your
money.


Paul discusses five books that assist you in better understanding
debt management, investing, and budgeting and they strike a
wonderful balance to get you started on your financial journey.
May this get you on your path to better understanding your
personal finances.


The first book is Paul recommend is The Millionaire Next Door by
Thomas Stanley and William Danko. I have this book and continue
using it as a reference for many decisions I make with my
personal finances. The ideas covered in this book are simple but
powerful: This book helps you learn to spend less than what you
make. Save money every month. If you spend less, your income need
will be less and therefore your taxes will be lower. Get this
book and you will thank yourself for it later.


Dave Ramsey is the author of The Total Money Makeover. The Total
Money Makeover" can truly make a difference in the lives of those
struggling with debt and credit cards. In this book, Dave says
families should start with seven steps, including saving $1,000
in an emergency fund, paying off all debt (except mortgage) using
a debt snowball strategy, and saving three to six months of
expenses in a fully-funded emergency fund.


The next book is titled Raising Financially Fit Kids by Joline
Godfrey. I identify with this book because I have two teenage
children. It's very important to raise your children to be
financially literate especially in today's economy. This book
covers the ways financial education can help children achieve
their dreams and become more confident, as well as concepts like
financial sustainability and charitable giving


Smart Women Love Investing is written by Alice Finn. Finn'sThis
book provides an overview of the challenges and unique financial
circumstances women experience before turning to five steps to
successful investing for women. These include investing in stocks
for the long run, allocating assets, and rebalancing a portfolio
regularly.


The next book I recommend is The Bogleheads' Guide to Investing
is a great first investing book written by Taylor Larimore, Mel
Lindauer, and Michael LeBoeuf.This book was created by followers
of John C. Bogle, founder of the Vanguard Group and advocate for
the index mutual fund, this book outlines the Bogleheads' style
of investing in a way that's clear and easy to understand. This
book is a product of a movement away from attempts to time the
market and instead toward a slow and steady investment strategy
that relies on a few simple principles, including keeping
investing expenses low.


These personal finance books will serve you well, it represents a
small sample of finance books that can make a positive impact on
how you think and manage your personal finances. Take some time
out to read one and or all of these personal finance books.


Tune in to listen to this episode with Paul Lawrence Vann and
over 182 episodes at this link  https://bit.ly/3n84XSF