These best budgeting books are absolutely life changing! You will learn how to budget, manage your finances better, new money saving ideas, and overall be inspired to get in control of your money! These are the personal finance lessons we should all have been taught but probably weren’t.
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The Best Budgeting Books You’ll Turn to Again and Again
I started reading books on budgeting when I was about 19 years old. I don’t think that’s typical teenage reading material! Lol I also read Cosmopolitan which my mom completely hated. She was much more on board with the personal finance books, though she didn’t read any herself.
Some of the best budgeting books I’ve ever read, and best personal finance books, were actually ones I read back when I was a teenager. I still have some of those same books on money, and I have come back to reread them over the years.
These financial books have helped me run multiple successful businesses, and have inspired me to think about passive income, growing wealth, wants versus needs, my money mindset, and so much more.
I hope you find something in this top 15 list of best budgeting books that inspires you to improve your financial situation.
And these are the best budgeting apps I have found to easily manage your money – check them out!
If you want to teach your kids how to budget (you can start even when they’re little!) check out this post on budgeting for kids for tips!
The Best Books on Budgeting for Beginners to Advanced
It is often thought that people who are good at managing their money have some innate gift for personal finances. Baby they were born this way.
Maybe it’s like that for some people, but learning to manage your money can be learned. Controlling your finances and making your money grow will need at the minimum curiosity and a willingness to learn more.
And hey, there’s a book for that! Actually there are thousands of books for that. I’ve read a bunch of personal finance books and there are some stinkers out there and there are also some fantastic books on budgeting that will truly change your life.
These 15 best budgeting books are not only entertaining and informative, but they can also help you better manage your money, your career, and your life.
You know what else can help you get control of your money? My Minimalist Budget Binder! Get all the pages you need to manage your money, and none you don’t. Reduce overwhelm, simplify the managing of your money, and get excited about your financial future (YES!) with this Minimalist Budget Workbook.
15 Best Budgeting Books You Need to Read Now
1. One of the Classic Best Budgeting Books: Rich Dad, Poor Dad
This book is an absolute must for anyone who wants to learn how to manage their finances better.
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! is one of the best budgeting books I’ve ever read. It also happens to be the world’s best-selling personal finance book. Very easy and fun to read, it is somewhat of an autobiography and a lesson in money management. This is a super accessible book on money, and is one of the best financial books for beginners to start with.
Related reading: Creating a Monthly Budget: Easy Steps to Get Control of Your Money
2. Do You Really Need It?: One Question to Free You Financially
In Do You Really Need It, Pierre-Yves McSween, an accountant by training, inspires us to ask one important question before we buy anything: do you really need it?
I love the premise of this budgeting book. This question is one of the questions I regularly ask myself before buying something, and it usually helps me spend less money. (It’s not 100% foolproof – haha – see my pandemic impulse buys!)
This important question will help you curb the habit of spending on things that you don’t really need, which will completely change your life and the amount of money you have.
Related reading: 10 practical and mindset tips to get out of debt
3. I Will Teach You To Be Rich: No guilt, no excuses – just a 6-week programme that works
Ramit Sethi, the author of a popular personal finance blog in the United States, tells us in this book about his sure-fire way to grow your money and reorganize your finances.
While restructuring your entire financial life in 6 weeks sounds a bit lofty to me, I Will Teach You to Be Rich had me with this sentence:
“Buy all the lattes you want.”
With automating many steps to debt reduction, saving, and investing, Sethi claims you can “spend guilt-free on the things you love.”
Who doesn’t love that?
Related: Here are 5 smart investing tips for beginners
4. Think and Grow Rich
Napoleon Hill’s bestseller Think and Grow Rich is one of the most influential personal finance books ever to be published.
This is a personal development book about money and money mindset.
The subtitle is:
This Book Could Be Worth A Million Dollars To You
Think and Grow Rich encourages us to take actionable steps to improving our finances, instead of just talking and planning about it.
Related reading: 8 Clever Budget Tips for Families That Will Save You Tons of Money
5. The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
I think I picked up The Millionaire Next Door at a little free library in our neighborhood years ago.
It’s really interesting to read about the budgeting, saving, and investing traits of America’s wealthiest people. It’s not always what you would expect!
One of the central ideas presented in The Millionaire Next Door is that we can either decide to get rich or try to appear rich. Which would you rather be?
6. The $100 Startup: One of the Best Budgeting Books for Aspiring Entrepreneurs
This best budgeting book is intended for all those who dream of changing jobs or launching their personal projects to finally live from their passion.
The full title of this book is The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future.
If you are ready to make a change and follow your passion, you can check out these 7 profitable home-businesses that are in high demand. There might be a home-business idea on that list that inspires you to take action!
And here are 20 stay-at-home mom jobs and businesses that are either free or cheap to start up.
7. The Infographic Guide to Personal Finance: A Visual Reference for Everything You Need to Know
Not everyone wants to snuggle up with a 250-page thousands-of-words budgeting book.
For some people, The Infographic Guide to Personal Finance will be one of the best budgeting books for them. It distills complicated personal finance topics like budgeting, investing, housing, and debt and credit, into easy-to-understand, visually appealing bites.
While infographics aren’t meant to be a deep dive into a subject, this may be one of the best financial books for beginners.
8. The Latte Factor
The Latte Factor: Why You Don’t Have to Be Rich to Live Rich by David Bach is all about the idea that the little, seemingly innocent purchases we make over time, really add up. He developed The Latte Factor Calculator that you can try out yourself to see the impact these small purchases make on the money you can grow long-term.
The Latte Factor is one of the best budgeting books I have read over the years. It inspired me to think about those small purchases I make weekly (or daily!), and make sure they align with where I want my money to go, long-term.
9. The Richest Man in Babylon
Travel through time and space with George S. Clason and The Richest Man in Babylon. This classic personal finance book takes us to Babylon to teach us how to be financially successful through his collection of quotes and short stories.
This unique personal finance book on money management includes inspirational stories about frugal living, financial planning, and personal wealth.
10. Secrets of the Millionaire Mind
The author of Secrets of the Millionaire Mind, T. Harv Eker, puts forward the idea that each person has a personal financial plan in their subconscious. He states that these money beliefs can strongly determine the likelihood of a person to become rich or not.
And here’s the kicker:
The author claims that these underlying money beliefs affect our financial well-being, even if we are not aware of these money beliefs.
This is another personal finance book about mindset and I love it! You will learn how millionaires think differently than the average (aka non-millionaire!) person. You’ll also learn genius tips to adopt their mindset to improve your financial life.
11. Broke Millennial: Stop Scraping by and Get Your Financial Life Together
Financial expert Erin Lowry breaks down intimidating money concepts and gives you the confidence that hey, I can get in control of my money too!
Broke Millennial is one of the best budgeting books out there because it’s unique. On the topic of personal finance, it’s refreshing to have the perspective of someone who is not a 60-something, bald, white dude.
Speaking of…(and no offense)…
12. The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness
This would not be a complete list of best budgeting books if I didn’t include a book or three from David Ramsey. I just saved him for number twelve.
With The Total Money Makeover, you can strengthen your money management, pay off your debt, and save a big nest egg for emergencies or even retirement.
13. Money Honey: A Simple 7-Step Guide for Getting Your Financial $hit Together
If you want a refreshing voice in the world of budgeting and personal finance, Rachel Richards and Money Honey would be it. Reading about money and learning how to budget doesn’t have to be boring and dry.
Rachel Richards is a former economic consultant and she manages to make you lol while reading a personal finance book, a pretty impressive feat.
14. Dave Ramsey’s Complete Guide To Money
Complete Guide to Money is one of the best financial books for beginners. David Ramsey breaks down tough money concepts into simple explanations.
15. The Financial Peace Planner: A Step-by-Step Guide to Restoring Your Family’s Financial Health
Get out of debt and stay out with the help of Mr. Dave Ramsey, personal finance guru and budgeting icon. David Ramsey has helped lots of Americans learn to budget and manage their money. The Financial Peace Planner is a practical guide that you can follow step-by-step to get your finances under control.
Don’t miss these 5 best budgeting tools that will make it MUCH simpler to manage your money >>>
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