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November 10, 2010


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I have given "Your Money or Your Life" to many people. It seems to be able to reach out to a broader range of people.

The Four Pillars of Investing, by William J. Bernstein. It provides realistic and useful advice for how to invest and save.

Good list. I'd add "Automatic Wealth" by Michael Masterson. His advice on "multiple sources of income" proved life changing for me.

I Will Teach You To Be Rich by Ramit Sethi. I believe this book should be read by every freshman in high school.

I'll second "I Will Teach You To Be Rich" - particularly for anyone under 30, although it'd be valuable to anyone.

Total Money Makeover by Dave Ramsey

I gave the book "The Elements of Investing" by Charles Ellis and Burton Malkiel to my wife's cousin, who is a student in high school, earlier this year for her birthday. This book is geared towards the beginning investor and emphasizes saving and building wealth through passive investing.

Because she is a high school student, I understand she may not heed the recommendations in the book at this time in her life. But I think there is great value in exposing young people to new ideas.

A solid favorite of mine is Smart Couples Finish Rich by David Bach! It is highly applicable for both single people and married folks!

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