Beach Reads for Financial Literacy: 10 Must Read Books This Summer

Summer is here, and it’s the perfect time to catch up on some reading while enjoying the endless sunshine. But why not make your beach time a little more productive by picking up books that can boost your financial literacy? Here are some must-read books that will not only entertain you but also help you become more financially savvy.

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1.     “Rich Dad Poor Dad” by Robert Kiyosaki

Book cover image for "Rich Dad Poor Dad" by Robert T. Kiyosaki This classic personal finance book is a great place to start. Kiyosaki’s lessons, learned from his two “dads,” offer insights into investing, assets, and how to use your money wisely. Find more information here: Rich Dad Poor Dad: Kiyosaki, Robert T.: 9781612681139: Books

2.     “The Total Money Makeover” by Dave Ramsey

book cover image for "The Total Money Makeover" by Dave Ramsey If you’re looking for a step-by-step guide to revamp your finances, this is the book for you. Ramsey’s no-nonsense advice will help you pay off debt, save for emergencies, and invest for your future. Find more information here: The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness: Ramsey, Dave: 9781595555274: Books

3.     “Your Money or Your Life” by Vicki Robin and Joe Dominguez 

book cover image for "Your Money or Your Life" by Vicki Robin and Joe Dominguez This book takes a holistic look at money and encourages readers to align their spending with their values. It’s a great read for those looking to understand the emotional and psychological side of money. Find more information here: Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018: Robin, Vicki, Dominguez, Joe, Mr. Money Mustache: 9780143115762: Books

4.     “The Little Book of Common Sense Investing” by John C. Bogle 

book cover image for "The Little Book of Common Sense Investing" by John C. Bogle For those interested in investing, Bogle’s book is a must-read. It offers simple, effective strategies for investing in low-cost index funds. Find more information here: The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books, Big Profits): Bogle, John C.: 9781119404507: Books

5.     “Broke Millennial” by Erin Lowry 

Book cover image for "Broke Millennial" by Erin Lowry Perfect for millennials, this book offers a crash course in money management. From student loans to retirement savings, Lowry covers it all in an engaging, relatable way. Find more information here: Broke Millennial: Stop Scraping By and Get Your Financial Life Together (Broke Millennial Series): Lowry, Erin: 9780143130406: Books

6.     “How I Invest My Money: Finance Experts Reveal How They Save, Spend, and Invest” by Brian Portnoy and Joshua Brown

Book cover image for "How I Invest My Money" by Joshua Brown and Brian Portnoy In this book, 25 financial experts discuss their own personal money decisions, detailing their investments, savings, and spending habits, offering a unique perspective into how financial professionals handle their own money. Find more information here: How I Invest My Money: Finance experts reveal how they save, spend, and invest: 9780857198082: Portnoy, Brian, Brown, Joshua: Books

7.     “Atomic Habits” by James Clear

Book cover image for "Atomic Habits" by James Clear While not strictly a financial book, Atomic Habits offers valuable insights that can be applied to financial habits. The book provides a practical guide on how to change your habits and get 1% better every day. It teaches readers a simple set of rules for creating good habits and breaking bad ones, based on proven ideas in biology, psychology, and neuroscience. Find more information about it here:  Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones: Clear, James: 9780735211292: Books

8.     “What to Do with Your Money When Crisis Hits: A Survival Guide” by Michelle Singletary

book cover image for "What To Do With Your Money When Crisis Hits" by Michelle Singletary This versatile read allows you to read it from cover to cover or jump to the most relevant topics first. The book provides authoritative and actionable advice on managing money and handling financial crises. The book caters to a broad audience, from high earners living beyond their means to those just starting their financial journey. Find more information here: What to Do with Your Money When Crisis Hits: A Survival Guide: Singletary, Michelle: 9780358572107: Books

9.     “Thinking, Fast and Slow” by Daniel Kahneman

Book cover image for "Thinking Fast and Slow" by Daniel Kahneman Daniel Kahneman, a psychologist who won the Nobel Prize in Economics, explores two systems that drive the way we think—System 1, which is fast and intuitive, and System 2, which is slow and deliberate. Kahneman’s groundbreaking research into decision-making and judgment has transformed our understanding of these processes. This book is a must-read for anyone looking to improve their decision-making skills and gain a deeper understanding of their thought processes (something that can help influence smart spending and saving!). Find more information here: Thinking, Fast and Slow: Kahneman, Daniel: 9780374533557: Books

10. “Think and Grow Rich” by Napoleon Hill

book cover image for "Think and Grow Rich" by Napoleon Hill This book is a classic in the field of self-help literature. Based on Hill’s extensive research of over 500 successful individuals, the book presents 13 principles that contribute to personal and financial success. The book emphasizes the power of positive thinking and the belief that whatever the mind can conceive and believe, it can achieve. From setting clear goals to persisting through difficulties, “Think and Grow Rich” offers a wealth of wisdom for anyone seeking to improve their financial situation and overall quality of life. Find more information here: Think and Grow Rich: The Landmark Bestseller Now Revised and Updated for the 21st Century (Think and Grow Rich Series): Napoleon Hill, Arthur R. Pell: 9781585424337: Books

Remember, financial literacy is not just about understanding money. It’s about making informed decisions that can help you achieve financial security and freedom. So, grab a book, find a cozy spot on the beach, and start boosting your financial literacy today!