Best Finance Books to Gift for Smarter Money Habits in 2018

It’s funny how I came across my new found interest in personal finance and how it helped me create smarter money habits. I was going through a period where I felt like what I was doing was not enough. Having a home that you can call your own definitely changes your life in a lot of ways. I no longer have my parents to rely on to take care of me, I now have to take care of myself as well as my family in a new house and any free time I had was on a rare occasion. My life now constantly feels like life is always on the go.

Being a homeowner came with a lot of challenges both personally and financially. Plus I’m pretty sure more of those challenges are still coming my way. As long as I have my significant other with me, we can tackle anything even if it feels like we’re moving at a slow pace or we’re not heading anywhere.

What first got me interested in personal finance was a Google search on making more money on the side, hence the word side hustle. My searches led me to an article written about MillenialMoney.com about how he was able to generate $1 Million by the time he was 30. At the time, I was about to turn 30 and he caught my interest. The rest was history and all I wanted to do was read and learn, since then it has helped me create smarter money habits that I know will pay off over time.

To improve our lives and make better changes, we educate ourselves through others on our own time. Whether you are looking for a book for yourself or to give a friend who loves to budget and is interested in personal finance, then these books below should be life-changing.

There are many benefits when it comes to reading books on personal finance.

Other than creating smarter money habits:

  • You’ll get valuable advice on how to pay off your debt and how to manage your money better
  • You learn tips and tricks on budgeting and figuring out your retirement
  • Find some side hustle ideas and possibly build a business from it
  • Overcome any difficult financial situations and get the support you need from family

Before I continue, I’d like to share that links below may contain my affiliate links. What it means is that I could receive a small commission if you click on a link to the product or service that I use myself and recommend to you.

The Broke and Beautiful Life: Small Town Budget, Big City Dreams

Here’s a quick overview of what you could create smarter money habits from reading this book.

Specializing in personal finance (with an emphasis on personal), Stefanie engages those who shy away from the word “investing,” scoff at the word “budget,” and equate interest rates with “snooze fest.” She encourages readers to redefine their relationship with money and approach budgeting as an exciting and sexy tool to transform from broke to beautiful while enjoying every step of the way.

 I Will Teach You To Be Rich by Ramit Sethi

Ramit actually has a great blog called…you guessed it, IWillTeachYouToBeRich.com.

Here’s a quick overview of what you could create smarter money habits from reading this book.

At last, for a generation that’s materially ambitious yet financially clueless comes I Will Teach You To Be Rich, Ramit Sethi’s 6-week personal finance program for 20-to-35-year-olds. A completely practical approach delivered with a nonjudgmental style that makes readers want to do what Sethi says, it is based around the four pillars of personal finance-banking, saving, budgeting, and investing-and the wealth-building ideas of personal entrepreneurship.

How Much Money Do I Need to Retire? by Todd R. Tresidder

Here’s a quick overview of what you could create smarter money habits from reading this book.

In this book, you’ll learn:

  • Why the best way to describe most retirement estimates is garbage-in/garbage-out
  • The five critical assumptions that can destroy your financial security
  • How to reduce the amount you need to retire by as much as $600,000
  • Three strategies to maximize spending today while protecting the future
  • How to calculate the amount of money you really need to retire on the first try without software, online calculators or being a math genius

Real Life on a Budget: 17 Practical Challenges to Live and Thrive on a Budget

Here’s a quick overview of what you could create smarter money habits from reading this book.

Real Life on a Budget is a practical guide to helping you navigate the waters of money management. It features real-life budget advice, practical challenges, actionable steps that will help you map out your journey to living and thriving on a budget. If you have been struggling with developing, maintaining, and living on a budget, Real Life on a Budget will help you create a system to better manage your finances and will challenge you to stick to your real life budget. Written by popular personal finance blogger, Jessi Fearon (www.thebudgetmama.com), Real Life on a Budget provides Jessi’s real-world budget advice and exercises for every area of managing your household budget. Real Life on a Budget is a powerful tool to help you start living and thriving on a budget.

Money Talks: The Ultimate Couple’s Guide to Communicating about Money

Here’s a quick overview of what you could create smarter money habits from reading this book.

Money Talks: The Ultimate Couple’s Guide to Communicating about Money, opens the lines of communication between spouses, and reveals how to align themselves together financially.

  • If you are tired of always fighting about money in your marriage…
  • If you are weary from the massive amount of financial stress you are under…
  • If you are longing to experience unity with your spouse in your finances…
  • It’s time for you to take a step toward getting on one accord with your spouse financially.
  • Each chapter ends with specific talking points for you to discuss with your spouse.

Degrees of Desperation: The Working Class Struggle to Pay for College (Kindle)

Here’s a quick overview of what you could create smarter money habits from reading this book.

Bobbi Dempsey shares her brutally honest first-person account of the struggle to pay for her children’s and her own education on a working-class salary. Growing up in poverty, Dempsey was determined to provide her children with an education to help them escape the family cycle. While trying to get their three children through school, she and her husband each worked several jobs (which often involved dirty and sometimes even dangerous conditions) and went into a panic every time another tuition bill arrived. Growing increasingly desperate, they made some decisions that put their financial future in jeopardy and even resorted to strategies such as collecting aluminum cans to pay for textbooks.

Hustle Away Debt: Eliminate Your Debt by Making More Money

Here’s a quick overview of what you could create smarter money habits from reading this book.

Debt free living: Forbes calls David Carlson’s personal finance blog Young Adult Money “a must read for millennials.” Hustle Away Debt, Carlson’s new book, gives millennials drowning in debt – student and otherwise – a lifeline. Carlson details his secrets to getting out of debt through the concept of “side hustles.” He shows how side hustles can help you develop new sources of income that allow you to pay off debt faster. He also shows how this can lead you to explore new fields you might not have otherwise worked in and how you can pick up useful skills for your full-time job – all while developing your earning potential to the fullest.

Broke Millennial: Stop Scraping By and Get Your Financial Life Together

Erin is such an inspiring blogger. Through her blog, www.BrokeMillennial.com, opened up the opportunity for her to write a book.

Here’s a quick overview of what you could create smarter money habits from reading this book.

Broke Millennial shows step-by-step how to go from flat-broke to financial badass. Unlike most personal finance books out there, it doesn’t just cover boring stuff like credit card debt, investing, and dealing with the dreaded “B” word (budgeting). Financial expert Erin Lowry goes beyond the basics to tackle tricky money matters and situations most of us face #IRL.

Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence by Vicki Robin

Here’s a quick overview of what you could create smarter money habits from reading this book.

Vicki shows readers how to gain control of their money and finally begin to make a life, rather than just make a living. With this book, you’ll learn how to:

• Get out of debt and develop savings
• Save money through mindfulness and good habits, not strict budgeting
• Declutter your life and live well for less
• Invest your savings and begin creating wealth
• Save the planet while saving money
• And much more!

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy

Here’s a quick overview of what you could create smarter money habits from reading this book.

The bestselling The Millionaire Next Door identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue-they live next door. This new edition, the first since 1998, includes a new foreword for the twenty-first century by Dr. Thomas J. Stanley.

The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness

Here’s a quick overview of what you could create smarter money habits from reading this book.

By now, you’ve heard all the nutty get-rich-quick schemes, the fiscal diet fads that leave you with a lot of kooky ideas but not a penny in your pocket. Hey, if you’re tired of the lies and sick of the false promises, take a look at this—it’s the simplest, most straightforward game plan for completely making over your money habits. And it’s based on results, not pie-in-the-sky fantasies. With The Total Money Makeover: Classic Edition, you’ll be able to:

  • Design a sure-fire plan for paying off all debt—meaning cars, houses, everything
  • Recognize the 10 most dangerous money myths (these will kill you)
  • Secure a big, fat nest egg for emergencies and retirement!

The 4-Hour Workweek: Escape 9-5, Live Anywhere, and Join the New Rich

Here’s a quick overview of what you could create smarter money habits from reading this book.

This step-by-step guide to luxury lifestyle design teaches:

• How Tim went from $40,000 per year and 80 hours per week to $40,000 per month and 4 hours per week
• How to outsource your life to overseas virtual assistants for $5 per hour and do whatever you want
• How blue-chip escape artists travel the world without quitting their jobs
• How to eliminate 50% of your work in 48 hours using the principles of a forgotten Italian economist
• How to trade a long-haul career for short work bursts and frequent “mini-retirements”

All these amazing books to read with so much value in it about personal finance is a sure way to change a person’s life and help anyone looking to create smarter money habits.

Will these books be a gift for yourself or a personal finance nerd that you know?

Helpful Resources that I’d Like to Share:

Below you’ll find my top resources for blogging, saving money & more!

Blog Resources: Here is a list of tools that I personally use for my own blog. See all the courses I took to improve how I blog and the list of plugins that help keep my blog running smoothly.

Save Money on Groceries: This has been such a struggle for me since day 1 and I always go over budget with grocery shopping on certain weeks. But as long as I stick with my plan, I have my shopping list, and I leave the boyfriend home then I’ll be fine.

$5 Meal Plan: This has been such a time saver for me! This relates to my resource above on grocery shopping. I struggled with meal prepping because I just don’t have the time to spend looking for recipes. I decided to try this out because I have seen popular bloggers mention it and curiosity got the best of me. The system sends me recipes and a shopping list weekly. The recipes are so easy to cook and it helps me save time.

Personal Capital: Do you know what your net worth is currently? Instead of logging into many accounts to track my net worth, I rely on one service. Personal Capital tracks your investments, expenses, and savings. The best thing about this? It’s free!

Free Printables: I went a bit crazy and created a bunch of my own printables that I use for myself to help keep me organized. I also find some amazing printables online that I’d like to share with you. You access everything if you sign up below. I’ll send you the password and the library is yours to enjoy!

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Melanie

Hi! Welcome to Mommy Finance. I'm a full-time working mom of one. Finance can drive anyone crazy and I try to keep it together. Join me as I write about budgeting, money and family.
Join Me On

Hi! Welcome to Mommy Finance. I’m a full-time working mom of one. Finance can drive anyone crazy and I try to keep it together. Join me as I write about budgeting, money and family.




Comments (8)

    1. Wow that’s pretty great that you were able to read majority of these books! I find these books to be inspiring and hope that one day I’ll have the time to read it.

    1. Ooh I definitely need to make time to read these books lol. I’ve heard good things about Millionaire Next Door.

  1. “I Will Teach You to be Rich” is one of my favorite books on personal finance and one that actually has actionable steps ordinary people can take to save money. There are many books on this list I haven’t heard of and will have to check out, so thanks for sharing 🙂

    1. I first came across Ramit’s blog and I loved how he includes stories in his blog. I find it very inspirational. Thanks for stopping by Zach! Glad you enjoyed the list 🙂

    1. You’re curious about the middle class and I’m curious about the rich lol. Thanks for stopping by Lily!

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