Looking for a new book to read? There are plenty of personal finance books to choose from, whether you’re looking to save, invest, or learn new money tips. Depending on what kind of financial advice you are looking for, there is definitely a book out there for you; which is why we have created a list of some of GoDay’s favourite finance reads.
The Behaviour Gap: Simple Ways to Stop Doing Dumb Things with Money
Author: Carl Richards
With the main focus of making smarter money decisions, Carl Richards, a certified financial planner focuses on money mistakes people are consistently making. The Behaviour Gap was originally published in 2012 when Richards was seeing a pattern with his clients, spending money they don’t have and buying things that aren’t meaningful because they were letting emotion get in the way of making smart financial decisions. Because of these common occurrences, the distance between what we should do and what we actually do is where the “Behavior Gap” was created. An easy read that puts your money management skills on display Richards now has a second book, The One Page Financial Plan and gives lectures on his “Behavior Gap” theory.
Money Talks: When To Say Yes and How To Say No
Author: Gail Vaz-Oxlade
Gail Vaz-Oxlade is a Canadian financial guru featured on many outlets including the television show Till Debt Do Us Part, and a regular contributor to Yahoo! Canada Finance and the Globe and Mail. Gail is also not a new financial author, as she has been publishing books surrounding different financial matters since 1998. Her latest book Money Talks: When To Say Yes and How To Say No, takes on your toughest money problems from the hundreds of letters she gets every month. With over seventy-five scenarios from her personal work with Canadians, Gail gives readers step-by-step advice to help find financial solutions. Make sure to also check out Gail’s other books on various financial topics.
The Wealthy Barber: Everyone’s Common-Sense Guide to Becoming Financially Independent
By: David Chilton
Written by another Canadian author, David Chilton’s The Wealthy Barber is a very well-known financial planning book that was published in 1989. This book showcases three different financial circumstances and lessons for financial planning. Talking about the basics and how everyone, no matter their financial situation can start saving, the success of this book lead to The Wealthy Barber Returns, his second book with the same premise of taking on different financial scenarios to show you how savings can ultimately benefit you. Besides being an author, you may also recognize Chilton from his television career on shows like Dragons’ Den, where Chilton was a Dragon from season six to season nine.
Happy Money: The Science of Smarter Spending
Author: Elizabeth Dunn and Michael Norton
Two professors in behavioural science teamed up to write this book on the science of money and how you spend it. Their findings (without ruining the book), is that money can buy happiness; while recognizing that they need professional advice on how to earn, save and invest their money. If you don’t think money can buy happiness find out how you can get more out of your money with this book.
Have you read any of our favourite finance books? What about any others you’ve found to be helpful? Let us know your favourite financial reads in the comment section below.
