Best Books to Read if you’re Looking to Save a Few Bucks💵💵
The world has taken a massive blow financially when this pandemic struck early in the year. As a small business owner, saving has been a key element that I’ve considered during the past few months. I’m sure many others have done the same, so I thought it would be beneficial to share some popular books that can guide us through these challenging times. These books are all known to be really straightforward and easy. Sometimes we need to go back to the basics when it comes to finances, and these books remind us of that!
The Financial Diet by Chelsea Fagan
What started off as a blog became a successful beginner’s guide for people (usually in the younger age demographic) who are realising that money doesn’t exactly grow on trees! It provides tips for budgeting, investing, and managing your credit. It covers tricks and solutions to assist you in resisting the urge to open your wallet at your favourite shop or restaurant. We’ve all struggled at some point in time with finances—so needless to say that Fagan’s book is relatable!
Interested? Check out this great review here.
Sold already? Purchase it here.
How about the blog? Click here.
Kakeibo: The Japanese Art of Saving Money by Fumiko Chiba
An organised way of budgeting, this book will advise you on how to plan out your budget weekly, monthly, or yearly. At the start of each week, month, etc., you will lay out your financial plan—what you’ll save, spend, your overall financial goals.
Interested to learn more? Click here.
Already keen to buy it? Click here.
The Power of Habit by Charles Duhigg
Despite not having ‘money’ or ‘finances’ directly in its title, The Power of Habit demonstrates how our habits can be tied into saving money. Through a range of stories (some that take us back to times of historical figures), Duhigg educates readers on the importance of having control over our habits. If you have developed a bad habit of spending that needs to be sorted, this is the book for you!
Check out a great NYTimes review here.
Ready for purchase? Click here.
** Putting aside the habit of spending money, I’m sure we all have developed other unhealthy habits during this pandemic. That being said, it’s worth picking up a copy to ensure you don’t continue sticking with your pandemic habits! **
Broke Millennial by Erin Lowry
Financial expert Erin Lowry focuses in on a variety of situations you might find yourself in and how to manage them. A recent review highlights that this book takes on a ‘read what applies’ approach, so you can pick and choose the chapters that resonate with you the most (Burbank 2019).
Looking for more details? Read this review here.
Buy it now here.
The Millionaire Next Door by Thomas J. Stanley & William D. Danko
While this book is not your ticket to becoming a millionaire, it definitely offers advice from wealthier people on how to make the most of your income (saving, investing, spending, etc.). An interesting read that gives you a breakdown on the life of someone who has done exceptionally well in the financial department.
Read this review here if you want more info.
Buy it here.
Source: Business Insider Australia
