The Best Books on Building Wealth
This page may contain links from our sponsors. Here’s how we make money.
Building wealth and achieving true financial freedom is a primary goal for a lot of people. And yet, it seems that very few are actually making this goal a reality. Whether you find yourself frequently struggling to save money and stuck in an endless cycle of financial hardships or you’re financially comfortable but are looking to take the next step towards genuine financial independence, there are few people that would turn down the opportunity to build their own wealth and improve their overall financial situation.
Here, we’ve listed nine of the best books on building wealth and liberating yourself from financial stress. With a number of bestsellers and highly-acclaimed personal finance authors listed here, there’s something to suit everyone, regardless of your current situation or your own personal goals.
The Best Books on Building Wealth
1. The Millionaire Next Door by Thomas J. Stanley and William D. Danko
In The Millionaire Next Door, Stanley and Danko provide a digestible, jargon-free look at the habits and techniques employed by the uber-wealthy to accrue extreme wealth.
Often, even those with excellent educations and well-paid jobs feel that they’re not as wealthy as they should be. For almost twenty years, The Millionaire Next Door has been offering the solution. Stanley and Danko argue that while we see so many examples of high-flying, flashy, big-spending celebrities and socialites in mainstream media, the majority of America’s super-rich are in fact living modest, humble lives, building their wealth without displaying it overtly through lavish living.
The Millionaire Next Door provides a unique insight into the common trends amongst millionaires that enable them to keep their expenses low and their earnings high. If you’re looking for a comprehensive, realistic, and implementable guide on how to build your own wealth, this book could have exactly what you need.
2. Rich Dad Poor Dad By Robert T. Kiyosaki
In Rich Dad Poor Dad, Robert Kiyosaki recalls his experiences of growing up with the guidance of two father figures: his own biological father, or his “poor dad”, and the father of his best friend: “rich dad”. Kiyosaki reflects on the different ways each of these father figures influenced and informed his own relationship with money and his outlook when it comes to gaining and building wealth.
Originally published over twenty years ago, this re-released version includes an updated insight from Kiyosaki, considering how the two fathers continue to shape his own ongoing financial success and how the original concepts put forth in Rich Dad Poor Dad remain relevant today.
Kiyosaki provides actionable advice and argues that building wealth has little to do with how much you earn, and a lot to do with finding ways of making your money work for you, rather than working endlessly for your money.
With an engaging and encouraging writing style and a unique look at personal wealth, it’s easy to see why Kiyosaki’s number one bestseller continues to top finance book charts more than two decades after its initial release.
3. The Richest Man in Babylon by George S. Clason
The Richest Man in Babylon by George S. Clason is a collection of parables set in ancient Babylon, interlaced with pragmatic financial advice and guidance. Originally written in the mid-1920s, Clason’s bestseller is considered a modern-day classic and has gone on to become one of the most successful financial books of the 20th and 21st centuries.
The book comprises numerous parables written by Clason which are designed to inspire readers to think differently about finance and transform their relationships with money and wealth. Clason covers various topics such as financial planning, saving effectively, reducing debts, and altering your mindset when it comes to your money.
The Richest Man in Babylon might not be your typical self-help or personal finance book, but it’s certainly a must-read if you’re looking to build wealth and learn from the experiences and knowledge of a successful businessman and entrepreneur. Although written almost a century ago, Clason’s advice and guidance still stand today.
See more book recommendations here:
- The Best Books on Making Money
- The Best Business Books
- The Best Financial Independence Books
- The Best Investing Books to Grow Your Portfolio
4. Secrets of the Millionaire Mind by T. Harv Eker
T. Harv Eker’s New York Times Bestseller, Secrets of the Millionaire Mind, is structured in two separate parts. In part One, Eker talks the reader through what he calls “the money blueprint”. Eker argues that every individual has a money blueprint that determines their future financial success. Here, he explains how you can identify your own money blueprint and revise it to allow yourself to achieve greater monetary success.
In part two, Eker introduces the “wealth files”, seventeen characteristics, assumptions, or habits that rich people share which differentiate them from poor or middle-class people. Each file includes actionable steps that enable the reader to adopt these traits and improve their financial success.
Eker dispels the common assumptions that rich people are simply luckier, more intelligent, or more well-connected than those who struggle to achieve financial freedom. He argues that anyone can build wealth simply by adjusting their money blueprint and adopting the habits and mindsets common amongst the rich.
This is an inspiring and digestible book that could just give you the knowledge and motivation needed to achieve your true financial potential.
5. The Automatic Millionaire by David Bach
For anyone who feels that they’ve been trying and failing to improve their financial situation for some time or anyone who feels that they are in no position to seriously increase their wealth or save a substantial amount of money, David Bach’s The Automatic Millionaire could provide the knowledge and confidence that you need to finally get the ball rolling and change the way that you think about money.
Bach’s approach is simple, realistic, and achievable. He emphasizes the importance of automating your finances and prioritizing effectively when it comes to saving and spending. The Automatic Millionaire is an easy-to-follow guide with multiple tips and real-life scenarios that show exactly how this approach can be used by anyone to build wealth and improve their finances.
Bach is an extremely well-respected and highly accredited author, with ten consecutive New York Times Bestsellers to his name. The Automatic Millionaire is just one example of his excellent works around personal finance and gaining wealth.
6. Rich As F*ck: More Money Than You Know What to Do With by Amanda Frances
Rich As F*ck gives a no-holds-barred look at money and quickly breaks down the common fears, anxieties, and taboos that surround the subject of money and personal wealth. Amanda Frances is a self-made millionaire with a global brand worth eight figures and a solid reputation as a leading advocate for the financial empowerment of women.
In Rich As F*ck, Frances inspires and implores readers to see money for what it truly is and realize its power over their financial situation. She de-mystifies the topic of money and provides readers with realistic steps and thought-provoking insights into how they could achieve financial liberation and finally have more money than they know what to do with.
7. Think and Grow Rich by Napoleon Hill
In this re-released, updated version of Hill’s seminal book: Think and Grow Rich, Arthur R. Pell gives readers a modern insight into how the principles laid out initially by Hill in the 1930s remain relevant today and have been adopted by notable millionaires and billionaires including Bill Gates and Mary Kay Ash.
Think and Grow Rich has frequented bestseller lists since its first publishing in 1937 and is still considered a holy-grail text when it comes to personal finance, becoming one of the most-read self-help books of all time.
Napoleon Hill was a writer and lecturer and in Think and Grow Rich, he compiled what he believed to be the primary techniques that must be mastered in order to achieve lasting success, wealth, and happiness. Hill’s approach is a philosophical one, imploring readers to think of their success not only in terms of their financial security, but also in terms of their relationships, their business ventures, and their own self-perception.
Even those who are not looking to become super-rich or to build an entrepreneurial empire are encouraged to read this critically acclaimed book.
8. True Wealth Formula: How to Master Money, Live Free & Build a Legacy by Hans Johnson
Even those with plenty of income and a seemingly comfortable life can find themselves struggling to gain control over their money, stuck in an endless cycle of overspending and falling into debt despite having a respectable income. In True Wealth Formula, Hans Johnson has provided a roadmap that gives readers a simple, effective approach to managing their money.
Johnson covers the importance of investing wisely and shows the reader how to develop a reliable system for managing their money and building their wealth consistently. His advice may be at times unconventional, but Johnson’s techniques have proven to be extremely effective when understanding the meaning of wealth and how to truly achieve this.
Johnson himself has built a life of abundance after experiencing extreme poverty throughout his childhood and all of the tips and advice that he offers in True Wealth Formula are drawn from his own personal experiences, giving an inspiring and realistic look at finance and building wealth.
9. Building Wealth One House at a Time by John Schaub
It’s no secret that investing in real estate is a great way of building considerable wealth. In Building Wealth One House at a Time, John Schaub shows readers how to earn a steady income through real estate investing and earn their first million by doing so.
The advice is extremely practical and proven to be effective, with so many wealthy Americans making their millions in real estate.
Schaub covers a range of important topics, including how to negotiate effectively, investing without borrowing from the bank, capitalizing on real estate cycles, and avoiding common mistakes, all of which could enable you to create a steady cash flow that will continue to grow indefinitely.
For anyone who is looking into real estate investing or simply wants to learn more about the number one way of building wealth and achieving long-term financial success, this book is a must-read.
One of the first steps to building wealth is building the knowledge needed to understand personal finance and make informed, intelligent decisions when it comes to your money. Each of the books listed here will give you invaluable expert advice and guidance on how to gain control over your finances and ultimately build wealth that is long-lasting and limitless.
With so many excellent books available in personal finance and wealth, there is bound to be something to interest and inspire everyone on this list.
Stocks & alternative investments, plus social community
Up to $300 in free stock
Advanced tools for active traders
Up to 15 free stocks
Invest in stocks, ETFs, options, and crypto
Up to 12 free stocks
Passively invest in real estate with as little as $10