The 5 Best Books on Personal Finance

If you are interested in the world of personal finance, you have surely asked yourself many times what are the best books on personal finance and investment that introduce you to this world, but above all that make a difference for you. Well, you're in luck, in this article we show you our top 5 personal finance books.
Unlike many other tops you may have come across, we'll do it the other way around, let's start with what we're all interested in. After all, Reental does things differently from others, doesn't he? Well, we're going for first place.

1- The rich method (Richard García & Diego García)

We started off very strong and that is because we started with our top 1, the book that for us is the best book to enter the world of personal finance, and above all, to begin to become aware and control over one's finances.

This is an ideal book for those who are interested in this world but are not sure where to start. Some of the concepts discussed are as basic as they are important, such as savings or impulsive purchases, and without them it would be impossible to take control of your finances and capital.

Another advantage of this book is that we could say that it brings together the knowledge of some of the books shown below and many others that are not in this top. That's why we consider it a great option and we recommend that you take a look at it.

2- Rich dad, poor dad (Rober T. Kiyosaki)

In this top, this great classic could not be missing, which, in our opinion, should be mandatory reading in all business schools and even in high school. This is undoubtedly one of the reference books in terms of personal finance, which, through anecdotes about his rich father and poor father, illustrates a series of habits and knowledge about personal finance that lay an important foundation for this world.

Among the principles that this book will set in your mind are aspects that are as basic as they are crucial, such as the difference between active income and passive income, when it is acceptable to go into debt, the importance of planning, the different types of debt and how to have a positive approach to money.

And how to forget the famous concept of the rat race, which explains how people are trapped in a spiral of needs that makes them slaves to money. With the basics of this book, you can escape that endless spiral and own your finances.

3- The 4-hour workweek (Tim Ferris)

This book has a much needed figure for those who are beginning to enter the world of passive income and financial freedom. The writer begins by breaking the belief that it is necessary to work every day to earn money, and he also shows us that there is the possibility of generating income completely passively.

The book helps you to make the change of mentality between a salaried worker and a worker who automates their sources of income to be freer. In addition to theoretical aspects, Ferris also dares to show us the DEAL method (definition, elimination, automation and release) that he himself put into practice.

4- Happy Money (Elizabeth Dunn and Michael Norton)

If you are one of those who are convinced that money brings happiness, you should not miss this jewel that shows us that what is important is the way in which we spend our money, that will make us happy, not the money. The text presents scientific evidence that establishes seven basic principles that should guide us when using our money if our mission is to enjoy it more.

Among the most interesting is buying experiences and not things, as well as buying free time. Elizabeth Dunn and Michael Norton make the relationship between money and time very clear. And the thing is that if we can learn something from this book, it is that if you have a better ability to focus your expenses, you will be happier spending your money.

5- The richest man in Babylon (George S. Clason)

Without a doubt, this book is one of the oldest on the subject of personal finance, and it is also one of the most useful. Although it is true that it has been a long time since Babylonian culture went down in history, this book is full of stories that serve as examples to show the importance of taking care of your personal finances and the best way to do it.

Specifically, this book shows 7 keys that will bring you closer to wealth, and 5 golden laws that must be followed for this purpose. One of the most important and interesting concepts in the book is “paying yourself first”, which can be identified as the forerunner of pre-savings and is a widespread practice in the United States.

Conclusion

If you really want to take control of your finances you should consider investing your savings, and a very good option is real estate tokenization of Reental, where you can invest in tokenized properties starting at 100€ and without management. What are you waiting for? Become the owner of a tokenized Reental property, take ownership of your finances.

In order not to miss any of the opportunities we present, we recommend that you join our group of Discord or Telegram To get to know others Reentels and the whole team. Of course we invite you to take a look at our articles on the blog to continue informing you.

Welcome to the new way of doing finance, welcome to Reental.