The importance of financial literacy in the modern world cannot be overestimated, as true freedom often begins with financial independence, so we have prepared a selection of useful books to help you on your way to financial literacy and freedom. Dive into these books to deepen your financial knowledge and skills:
- Bodo Shafer “The Path to Financial Freedom. Your First Million in Seven Years.
This book challenges common stereotypes about money and wealth by offering practical advice on how to avoid debt, save effectively, and significantly increase your income. Bodo Schaefer shares insider tips and step-by-step money management techniques, leading readers to financial freedom.
- James McKenna, Janine Gleysta, Matt Fontaine “How to Turn $100 into $1,000,000. Earn it! Save! Invest!”
This guide explains the benefits of saving over reckless spending, providing insight into simple money management. It covers short-, medium-, and long-term financial planning, handling money wisely, and using financial instruments such as savings accounts and investments. The book provides advice on finding a job and creating business plans, and includes vivid illustrations to make complex concepts easier to understand.
- Bodo Schafer, Carola Ferstl, “Money is good for women”.
This book, aimed primarily at women, offers practical advice on saving, investing and managing debt. It contains specific steps tailored to different lifestyles, helping readers understand and use their financial resources effectively. Although the book is primarily aimed at women, it will be useful for anyone interested in financial literacy and self-development.
- Liubomyr Ostapiv. “Love and Budget. Household finances for couples on the way to financial freedom”.
The book Love and Budget is dedicated to managing personal and family finances. Liubomyr Ostapiv guides couples through conversations about money, tools for accounting and planning, and decision-making about banks, loans, and investments. It is a practical guide for married couples or other partners working together towards financial freedom.
- Marina Khmelovskaya, Alexei Prosekina. “Generosity is the cause of wealth”.
The authors share their experience of achieving financial freedom and creating the Life as a Miracle company. The book teaches that the practice of generosity can lead to financial success, and explains how to apply these principles to various aspects of life, from buying a house to making money through creativity. Written with humour, this book is an engaging and insightful read.
This selection of books can help you gain a deeper understanding of what financial literacy is. They contain practical advice, real-life examples and step-by-step instructions to help you achieve financial freedom and make informed decisions about your money.
Information based on materials from Happy Monday