My Top 5 My Favorite Finance Books for Inspiration

Minna Schmidt

Minna Schmidt

Oct 1, 2024

Oct 1, 2024

Oct 1, 2024

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Blue Flower

My Top 5 Favourite Finance Books for Personal Empowerment

As someone who is passionate about financial literacy and empowerment, I’ve read my fair share of finance books. Here are five titles that have made a significant impact on my financial journey. Each one offers unique insights and practical advice that I found both enjoyable and transformative.

1. The Simple Path to Wealth by J.L. Collins

Why I loved it:
J.L. Collins’ "The Simple Path to Wealth" is one of the clearest and most accessible investing guides I’ve encountered. I appreciated how Collins breaks down complex financial concepts into straightforward steps. His emphasis on low-cost index funds resonated with me, as it made the idea of investing feel achievable and less intimidating.

What I found particularly inspiring is how Collins empowers readers to take control of their financial future without getting bogged down by jargon. This book has given me the confidence to navigate my own investment journey.

2. Millionaire Expat by Andrew Hallam

Why I loved it:
As someone who has faced unique financial challenges while living abroad, Andrew Hallam's "Millionaire Expat" was a refreshing read. Hallam combines humor and practical advice in a way that makes investing accessible, especially for expats. I appreciated his clear writing style and how he demystifies the financial hurdles that often come with living outside your home country.

His insights into navigating different financial systems and retirement options for expats were incredibly helpful for me, and I felt empowered to take charge of my finances in a global context.

3. I Will Teach You to Be Rich by Ramit Sethi

Why I loved it:
Ramit Sethi’s "I Will Teach You to Be Rich" is a game-changer for anyone wanting to get their finances under control. I particularly enjoyed how Sethi tackles topics like credit card management and setting up retirement savings in a way that feels relatable and actionable. His no-nonsense approach made personal finance feel less daunting and more like a manageable part of life.

What stood out to me was his focus on conscious spending and how to have open discussions about money with partners. This book has helped me create a more structured financial plan that aligns with my values.

4. The Psychology of Money by Morgan Housel

Why I loved it:
Morgan Housel’s "The Psychology of Money" opened my eyes to the emotional side of financial decision-making. I found his exploration of how our feelings about money—such as greed, fear, and happiness—affect our choices to be incredibly insightful. Understanding these psychological factors has helped me develop a healthier relationship with my finances.

This book reminded me that investing is not just about numbers; it’s also about mindset. I’ve become more aware of my own emotional triggers when it comes to money, which has made me a more thoughtful investor.

5. Financial Feminist by Tori Dunlap

Why I loved it:
Tori Dunlap’s "Financial Feminist" resonated deeply with me as a woman seeking to take control of her finances. I was inspired by her empowering message that encourages women to break free from societal biases surrounding money. This book not only provides actionable financial advice but also addresses the gender biases that persist in our society.

Dunlap’s passion for helping women achieve financial independence is infectious, and it motivated me to advocate for my financial rights. This book is a must-read for any woman looking to gain confidence and build wealth.

Final Thoughts

These five books have not only enriched my understanding of finance but also transformed my mindset about money. They’ve provided me with the tools and confidence to take control of my financial future, and I hope they do the same for you. Each title is a step toward financial empowerment and a reminder that it's never too late to take charge of your financial journey.

Swiss Financial Coach and Investor Empowering Women in Financial Wellbeing

@2024 Minna Schmidt. All Rights Reserved

Swiss Financial Coach and Investor Empowering Women in Financial Wellbeing

@2024 Minna Schmidt. All Rights Reserved

Swiss Financial Coach and Investor Empowering Women in Financial Wellbeing

@2024 Minna Schmidt. All Rights Reserved