How many times have you received financial advice from a friend, family member, or even a complete stranger?

We’ve all been there before whether it was solicited or not. But how many times has the advice been useful?

Let me tell you the good news:

You don’t have to search all over the internet for personal financial advice.

Instead, I’ve found five books that will help get your finances back on track.

Let’s dive in and look at each of the books!

1) The Total Money Makeover

Dave Ramsey has written over five personal finance books, and the Total Money Makeover combines a lot of Ramsey’s advice into a seven-step plan.

What do the seven steps do?

They’re designed to help to get you out of debt and stay out of debt as well by changing your attitude about money. There is also advice from Ramsey on investing for your future, saving, and increasing your income to pay off debts.

I know what you’re thinking, how does this book help you?

Dave provides a series of real-life success stories throughout the book from people that you can relate too.

For each step in the book, he also provides worksheets and budget forms so that you can apply the lessons to your own life.

One of the strongest statements in the Total Money Makeover is a quote from Dave:

“Would you fire yourself if you managed the money for a company like you manage your personal money?”

 It’s a statement that really hits home and makes you reevaluate your current financial life.

2) You’re So Money

Live within your means. It’s sound financial advice that many of us have been given, but not always followed.

But what if I told you that you could live beyond your means without going broke or deeper into debt?

That’s what financial reporter and author Farnoosh Torabi try to teach you in this book tailored towards individuals who want to enjoy some of the finer things in life.

So what’s the big secret?

Farnoosh teaches you tips on prioritizing your expenses and making sacrifices on the lower priorities. For example, spending hundreds of dollars on a promotion dinner might mean getting a loaf of bread and peanut butter for the rest of the week.

Most importantly she shows you where to find places to save money and enjoy life without draining your bank account.

3) I Will Teach You to be Rich

We’ve all been in a situation where a financial emergency comes up and we need to come up with some funds. But what if you had the money saved to handle those emergencies?

Ramit takes you through a six-week program that gives you a beginner’s guide to personal finance and investing.

Even if you’re experienced in finances, you will find tips and tricks that you can implement into your daily financial life.

Ramit takes the time to break down some of the most complicated financial issues that you might be facing. He then turns them into actionable and manageable tips that you handle each week. That way you have financial tools that are flexible and workable in a variety of situations.

The major take away from this six-week course is automating your finances. How can this help you? By automating different tasks, you can make sure that bills are paid on time, spend less time and effort, and even save money without noticing that you’re doing it.

4) The Richest Man in Babylon

So who was the richest man in Babylon?

What originally started as a series of informational pamphlets in the 1920s was put together into this book back in 1926.

But Clason looks at tips and financial advice from even earlier from a series of parables from ancient Babylon.

Through each of the parables, we’re introduced to a man named Arkad. Each of the parables provides a relatable story and provide advice on how to handle your finances.

What makes this book different from others is that it also talks about some of the financial failures that can happen.

So what are some of the takeaways from this book?

Clason’s Babylonian parables provide a lot of inspiration to the readers while focusing on hard work, a positive attitude, and self-discipline to complete your financial goals.

5) Your Money or Your Life

This last one features a nine-step plan that is one of the best books about living on a budget. It focuses on two types of jobs. One that pays well but you may not enjoy, and another one that pays less but is something that you love.

Many of us are stuck in the typical nine-to-five job where we don’t enjoy the work. Some of you may even dread the work. This book takes that notion and turns it on its head. Instead, it focuses on doing what you love and trimming your budget so that you can be paid less without being miserable.

I hope that you enjoyed this article on these five must-read books for managing your personal finances. It was important for me to find books that can give you useful tips so that you can complete your financial goals this year easier.

I’m always looking for another book to read on my shelf. If you know of any other personal finance books, I encourage you to let me know below and share this article with your friends and family so that they can enjoy some financial freedom as well.