10 Best Books on Personal Finance

Friends, we are happy to announce the start of Global Money Week 2022!

Global Money Week is a week dedicated to financial literacy for young people. The goal of this event is to provide all children and youth with access to quality financial education, so they can make informed financial decisions that will help improve their financial stability and well-being in the future.

As part of Global Money Week, Doscredobank is launching a series of educational publications on financial literacy. Today, we will share with you the 10 best books on personal finance:

1. George S. Clason “The Richest Man in Babylon”
   The book was released nearly 100 years ago. The author outlines financial laws, telling the story of a man from Babylon. From his example, you can understand that no matter what century you live in, your relationship with money follows the same principles, only the names change. Money still follows the same path it did in ancient Babylon. Everything is written in simple language.

2. Bodo Schäfer “The Path to Financial Freedom”
   The author gives simple but effective methods to help create, save, and multiply your income. The book has been republished several times and released in 20 languages worldwide.

3. Vladimir Adenin “The ABCs of Financial Literacy”
   The author thoroughly explains what financial literacy is and why it’s important to become familiar with it. A central theme throughout the book is that a lack of financial literacy leads to poverty, while knowledge of it leads to wealth.

4. Robert Allen “Multiple Streams of Income”
   The author shares 10 reliable ways of earning that always work. According to him, you can ensure a comfortable retirement with just one deal.

5. Vladimir Savenok “How to Create a Personal Financial Plan”
   The author claims that you can become financially independent even with a small amount of money. He explains how to plan your budget and find the money to fulfill your goals.

6. Harv Eker “Think Like a Millionaire”
   This book has been read in 33 countries. The author, a financial psychologist, teaches the correct mindset for achieving success. His unique perspective resonated with millions of people who reprogrammed their thinking to reach higher income levels.

7. Olga Efimova “Financial Analysis”
   This is a real textbook used in business schools. It is recommended for accountants and analysts to read. If you’ve only recently discovered financial literacy, put this book aside for later. But if you’ve already read popular financial books, you can dive into this textbook. It will teach you how to solve practical tasks in business valuation as an effective and profitable enterprise.

8. Anastasia Tarasova “Be Your Own Financial Expert. How to Spend Wisely and Save Right”
   The author teaches how to set financial goals, optimize spending, and start saving for a “safety cushion.” After reading, you will understand how to avoid credit and reliance on state pensions, provide education for your children, and increase your savings.

9. Vladimir Lavrov “Basics of Financial Literacy for Aspiring Entrepreneurs. Million-Dollar Thinking”
   This book covers the fundamentals of financial literacy on the path to monetary success. It will be useful to those who want to get rich through employment, running their own business, or in investments.

10. Bodo Schäfer “Money, or The ABCs of Money”
    This book is written for children, but adults can start their financial literacy journey with it. It teaches how to handle money, told through the story of a 12-year-old girl who follows the advice of her dog, Money. The adventure is engaging and easy to read. The book can be purchased for a child to help them begin their journey into financial literacy.

Also, on our website in the "Financial Literacy" section, you will find interesting articles that can help you solve financial matters.

With us, it’s easy and beneficial!

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