Here at Loan Away, we care about our clients. We provide them with loans, financial advice, and resources to improve their situation. Our goal is to make sure the funds we provide our clients with helps them grow financially. This is why we have compiled a list of books we recommend you read to become wealthy. The CNBC has created a great list of six books that are considered the pillars of wealth. Loan Away has a book we personally recommend that are not on the list, that you should consider reading. Before we look at the list, there are somethings we should point out. These books are not going to “make you rich”. No book will. The information in the book is nothing but words, however, it is how you interpret the words can make you rich.  Those who find the meaning of the books and implement it will be more likely to be successful.  Now that we are the same page, let’s get onto the list!

 

6 books to read in 2018 if you want to get rich

The majority of wealthy people devote at least 30 minutes a day to reading. If it works for them, it could work for you.

Below, CNBC Make It rounded up six money-related reads, from personal finance classic to new releases, that could help you strike it rich in 2018.

For a productive start to the new year, crack open one of these highly recommended and helpful books:

“Think and Grow Rich” by Napoleon Hill

Journalist Napoleon Hill researched more than 500 self-made millionaires, including Andrew Carnegie, Henry Ford and Charles M. Schwab, before releasing this 1937 bestseller.

The personal finance classic will help you understand that mastering your money has more to do with mindset and overcoming psychological barriers than anything else, and it teaches you how to start thinking your way to success.

 

“Business Adventures” by John Brooks

Rich people tend to believe that starting a business is the fastest way to make money. This read, endorsed by self-made billionaires Bill Gates and Warren Buffett, will teach you just how to do that.

Don’t let the 1969 publication date throw you off. While a lot has changed in the business world since the 1960’s, the fundamentals of building a strong business have not, Gates notes in a review, adding, “Brooks’s deeper insights about business are just as relevant today as they were back then.”

“Your Money or Your Life” by Vicki Robin, Joe Dominguez and Monique Tilford

Self-made millionaire Grant Sabatier has read over 360 personal finance books and “the best book on money, period,” happens to be the first one he picked up: “Your Money or Your Life.”

He’s not the only self-made millionaire who recommends the read. Chris Reining, 38, who crossed the $1 million threshold at age 35, calls it “the book that changed my life.”

The book hammers home the idea that you exchange your time for money. It encourages you to start thinking about how many hours of your life it took to save up the money to buy something and ask yourself questions like, ‘How much of my life did I trade for this?’ And, ‘Is it worth it?’

 

“Unshakeable” by Tony Robbins

Robbins, who has interviewed some of the world’s greatest financial minds, offers a step-by-step playbook on how to transform your financial life and grow your wealth.

The No. 1 New York Times best-selling author teaches you that you don’t have to predict the future to win the investment game; rather, if you focus on what you can control, you can be the master of your investment fate.

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

One of the most effective ways to build wealth is to invest wisely.

Bogle, founder of the Vanguard Group and creator of the world’s first index fund, details the simplest and most efficient strategy: low-cost index funds.

Warren Buffett also says that every investor, large-scale and small, should pick up a copy.

“The Automatic Millionaire” by David Bach

Self-made millionaire and financial advisor David Bach exposes a handful of money misconceptions in his easy-to-read bestseller.

As you’ll learn in “The Automatic Millionaire,” you don’t need a budget, you don’t need to make a lot of money and you don’t even need willpower to accumulate a fortune.

thumbnail courtesy of cnbc.com

These are great books to start with if you haven’t read any business/entrepreneur books. If you have already read these books, you should have already made changes in your life to improve your career. If so, you need to invest the new wealth you created. Who cares if you make $100,000 if you cannot use it wisely. If you don’t invest your money or worst, spend it on useless consumer products, you will regret it. People who are financially literate often retire early and with more money. To become financially literate, the book you should read is Millionaire Teacher by Andrew Hallam. The book explains everything you need to know to invest your money for a successful retirement.

 

There you have it! Six books about making money and improving your career and one book on how to invest in your new wealth. I personal have suggested this list to my friends, co-workers, and family members. Only about 5-10% buy at least one book. Out of those people, only two have taken action. Those two people have told me the books have had an impact on their career and personal life. The only question now is, what will you do?