Finance

10 Financial Books All Young Adults Should Read

Millennials are broke. They’re saddled with serious student loan debt. They can’t afford to buy homes…

We hear stories like this in the media all the time. And if you’re a young adult, they might sound scary. Fortunately, there are resources out there that can help you make better financial decisions, save money, get out of debt, and even build wealth despite all those discouraging stories you might read.

Here are 10 financial books young adults should read if they want to get ahead and get their personal finances in order:

  1. The Index Card: Why Personal Finance Doesn’t Have to be Complicated

By Helaine Olen and Harold Pollack

Based on the premise that “everything you need to know about managing your money could fit on an index card,” this book shows you just how simple managing your finances can actually be.

Read it.

  1. Investing 101: From Stocks and Bonds to ETFs and IPOs, an Essential Primer on Building a Profitable Portfolio

By Michele Cagan

If you’re brand new to investing, this “crash course” can teach you the basics you need to know to build your portfolio and wealth.

Read it.

  1. Living Well Spending Less: 12 Secrets of the Good Life

By Ruth Soukup

Sometimes financial success isn’t about making more money, but making your money go further. This book can show you how.

Read it.

  1. Make Your Kid a Money Genius (Even if You’re Not): A Parent’s Guide for Kids 3 to 23

By Beth Kobliner

If you’re a parent worried about your child’s future because you haven’t been savvy with money, don’t worry. This book will help you raise a more financially literate kid, even if you’re not a financial whiz yourself.

Read it.

  1. The Millionaire Next Door

By Thomas J. Stanley Ph.D.

This financial classic will show you that the millionaires around you probably aren’t who you think (and how better choices with your money can help you replicate their success).

Read it.

  1. Mindful Money: Simple Practices for Reaching Your Financial Goals and Increasing Your Happiness Dividend

By Jonathan K. DeYoe

Think you can’t build wealth by still being a good and conscientious citizen of the world? This book, from a Buddhist and financial planner, shows you how both can co-exist comfortably.

Read it.

  1. The Money Book for Freelancers, Part-Timers, and the Self-Employed: The Only Personal Finance System for People with Not-So-Regular Jobs

By Joseph D’Agnese and Denise Kiernan

With the rise of the “gig economy” comes unique financial hurdles. This book helps you navigate personal finances when your income isn’t always stable.

Read it.

  1. Rich Dad Poor Dad: What the Rich Teach Their Kids About Money – That the Poor and Middle Class Do Not!

By Robert T. Kiyosaki

Here’s another financial classic all young people should read, where the author explores the difference between “working for money” and “having money work for you.”

Read it.

  1. The Total Money Makeover: A Proven Plan for Financial Fitness

By Dave Ramsey

Are you struggling with student loans, credit cards, or other kinds of debt? If so, Ramsey’s personal finance primer will help you go from drowning in debt to building wealth.

Read it.

  1. Unshakeable: Your Financial Freedom Playbook

By Tony Robbins

Robbins helps you put together an actionable personal finance plan to help you get ahead with your investments.

Read it.

What financial books have changed your life? Recommend your favorite financial reads for young adults in the comments.

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