We may earn money or products from the companies mentioned in this post, and as an Amazon Associate I earn from qualifying purchases. Please see my full disclosure for more information.
As the old saying goes, knowledge is power. And when it comes to financial freedom, having a wealth of information at your fingertips can be the key to achieving success. Reading the best books on financial freedom can help you stay up-to-date on the latest trends and strategies, learn from the mistakes of others, and gain the confidence and motivation you need to succeed.
A recent 2022 report from Salary Finance revealed that two-thirds of Americans are worse off now than they were one year ago. Meanwhile, the most recent survey from Ipsos revealed that amidst the cost of living crisis, 28% of respondents are drawing from their savings more than usual, while 41% are saving/investing less.
If there was ever a time to focus on your personal finance education, it’s now. Whether you are just starting out on your journey to financial freedom, looking for ways to grow and protect your wealth, or seeking inspiration from those who have already achieved their goals, there is no shortage of amazing books on financial freedom to choose from.
Read next: 30 Financial Hacks That Will Make You Rich
Why read books on financial freedom?
There are a number of reasons why someone might begin reading to advance your financial freedom journey. You might just be starting out by attempting to manage your finances better, or you might just be looking to continue educating yourself on entrepreneurial habits, investing, and more.
The following books are not only educational – they’re inspiring. Books on financial freedom are written by people who have already trodden down that path and found success and can be an amazing way to find new habits and tools not only for your finances but for other areas of your life, too.
Here are just a few of our top picks for the best books on financial freedom and wealth management:
1) Rich Dad Poor Dad by Robert Kiyosaki
Best for: All-round personal finance advice
This is one of the most popular personal finance books of all time, and for a good reason. Based on the experiences of two very different men – one who was born into a wealthy family and another who grew up in a poor family – this book explores the different attitudes toward money and how they shape our financial decisions.
Robert Kiyosaki shares his own story of growing up with two different fathers – one who was poor and uneducated but financially savvy, and the other who was rich but ignorant about money matters. It is a powerful tale that highlights the importance of financial education and investing in your future and is full of practical tips for managing money.
Whether you’re an entrepreneur or looking to achieve financial independence, this book is a must-read for anyone who wants to build wealth.
Read next: 54 Ways to Make Money From Home Today
2) The Magic of Thinking Big by David Joseph Schwartz
Best for: Changing your outlook on money and your life
With motivational advice and strategies for success, this book is a must-read for anyone struggling to achieve their goals. Whether you want to start your own business, grow your wealth, or simply live a happier and more fulfilled life, this book will help you achieve your goals by teaching you to “think big” and truly believe in your potential.
This isn’t just one of the best books on financial freedom – it also extends to generating a more positive outlook for successful relationships, career moves, and more.
3) The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas J Stanley
Best for: Creating healthy new habits to build wealth
If you’re looking for inspiration from those who have achieved financial freedom, this book is a great place to start. While there are literally thousands (or even tens of thousands) of millionaires on the planet in 2022, and they all reached success in different ways, it’s still fair to assume that there must be some commonly shared traits amongst the most successful people in the world.
In The Millionaire Next Door, Thomas J Stanley draws on decades of research and interviews with over 1,000 millionaires to uncover the surprisingly simple strategies that they used to build their wealth. A must-read for anyone looking to achieve financial success.
4) 4-Hour Work Week by Tim Ferris
Best for: Budding entrepreneurs
This is a classic book for those seeking financial freedom by pursuing passive income streams and working smarter, not harder. Tim Ferris is one of the founding fathers of pursuing a passive income and promoting the idea of hustling hard without working yourself into the grave – something I think the younger generation is even now aligning itself with.
With practical tips and advice on everything from automating your finances to outsourcing tasks and living a life of minimalism, this book is a must-read for anyone looking to become a successful entrepreneur.
5) Your Money or Your Life by Vicki Robin
Best for: Easy steps to financial freedom
This book is a practical, no-nonsense guide to taking control of your finances and achieving true financial freedom. Vicki Robin is an extremely motivational speaker and writer, and her book, written in conjunction with Joe Dominguez, features their 9-step program to financial independence.
With advice on everything from reducing your expenses and increasing your income to tracking your net worth, this book is a great resource for anyone looking to take charge of their finances and achieve their financial goals.
6) Money: Master The Game by Tony Robbins
Best for: All-round finance tips
Tony Robbin’s created his 7-step guide to financial freedom after interviewing 50 experts from the financial world. His simple, actionable advice has been used by millions of people all over the globe
Whether you’re looking to get out of debt or grow your investments, Tony Robbins provides practical tips and strategies that will help you take control of your finances and live the life you want.
7) The Simple Path to Wealth by Jim Collins
Best for: Newbies to investing
If you’re looking for a simple and straightforward approach to managing your money, this is the book for you. In The Simple Path to Wealth, financial author Jim Collins shares his years of experience and expertise to guide you on your journey toward financial freedom.
If investing has always seemed like an intimidating venture to get started with, this is a fantastic book to give you a clearer understanding of how to approach Index Investing. Whether you are just starting out or are a seasoned investor, this book is a great resource for anyone looking to improve their financial situation.
8) I Will Teach You To Be Rich by Ramit Sethi
Best for: Building wealth
As the title suggests, this book teaches readers how to achieve financial freedom by focusing on building wealth instead of cutting costs. With tips and advice on everything from saving money to automating your finances and investing for the future, this book is an essential read for anyone looking to take control of their financial situation.
Ramit Sethi is a household name within the personal finance space at for good reason. He’s an extremely motivational speaker and author, with some amazing insights into gaining a higher level of financial independence. One of our top books on financial freedom for sure.
Read next: 12 Finance Bloggers Share Their Best Personal Finance Secrets
9) Secrets Of The Millionaire Mind by T. Harv Eker
Best for: Insights into successful entrepreneurs and business-owners
Filled with powerful insights and proven strategies, this book will help you achieve financial freedom by changing the way you think and approach money.
Whether you’re looking to boost your income, get out of debt, or manage your investments more effectively, this book will teach you the strategies that millionaires use to achieve their goals.
10) Broke Millennial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry
Best for: Complete beginners to personal finance management – aimed towards the younger generations specifically
Written from a millennial’s perspective, this book is excellent for anyone struggling to get their finances in order. Erin’s honest, frank story is one that many in their 20s can relate to.
With practical advice and strategies for managing your money, this book will help you cut costs, boost your income, and achieve financial security.
11) The Intelligent Investor by Benjamin Graham
Best for: Investing your money and building wealth
Considered by many to be one of the best books on investing, this classic guide provides practical advice for building wealth and achieving financial freedom.
Whether you’re just starting out or are an experienced investor, this book will teach you how to make smart investments and grow your wealth over time.
12) Think and Grow Rich by Napoleon Hill
Best for: Budding entrepreneurs
With advice from some of the most successful businessmen and entrepreneurs in history, this book is a must-read for anyone looking to achieve financial success.
Filled with strategies and techniques for building wealth and achieving financial freedom, this book will help you unlock the mindset of a millionaire and start making your dreams a reality.
13) The Total Money Makeover by Dave Ramsey
Best for: Debt repayment
Many people struggle to get their finances in order, but with this book, you’ll learn how to achieve financial freedom once and for all. From getting out of debt to growing your savings, Dave Ramsey offers practical advice and strategies for managing your money and achieving financial security.
Whatever your goals may be, this book will help you take control of your finances and live the life you’ve always dreamed of.
14) Rich Habits: The Daily Success Habits of Wealthy Individuals by Tom Corley
Best for: Building wealth through good habits
Drawing from his extensive research on the habits and behaviors of wealthy individuals, Tom Corley offers a roadmap for achieving financial freedom. With proven strategies and practical advice, this book will help you take control of your finances and live the life you’ve always wanted.
Corley lays out ten simple principles that he has found wealthy people tend to follow, including maintaining a healthy lifestyle, forming good relationships, and surrounding yourself with positive influences. Whether you’re just starting out or are looking to get ahead, this book is a must-read for anyone looking to achieve financial success.
15) The Psychology of Money by Morgan Housel
Best for: Enhancing your outlook on personal finance
In addition to practical tips and strategies, this book also explores the psychological aspects of money. By understanding how our emotions and beliefs can impact our financial decisions, we can learn to make better financial choices and achieve our goals.
If you want to improve your relationship with money and start building wealth, this book is a must-read.
Whether you’re just starting out or have been trying to achieve financial freedom for years, there are plenty of great books out there that can help you manage your finances and achieve your goals.
From practical tips and strategies to psychological insights into money, these books offer invaluable advice for anyone looking to build wealth and achieve financial freedom. So if you’re ready to take control of your finances, pick up one of these books today and start making your dreams a reality!