10 Best Personal Finance Books for Entrepreneurs

If you would like to master the ins and outs of personal finance, here are the 10 best startup books to read. Note that these books are not ranked and are listed in no particular order. 

Also Recommended: Check out our list of the best startup books.

If you are looking for a no-nonsense guide to personal finance and money management, then you'd have a hard time finding a book that is more straightforward and to the point than "The Barefoot Investor." As Australia's most respected personal finance expert, Scott Pape knows how to explain money management in a way that is both entertaining and easy to understand. 

In "The Barefoot Investor," Pape uses his life growing up on a farm as an extended metaphor for teaching readers how to eliminate debt and prepare for retirement. Thanks to the book's easily digestible style and practical wisdom, "The Barefoot Investor" has sold over one million copies worldwide.

Personal finance doesn't have to be overly complex. In fact, simpler is often better. This is one of the key messages of "The One-Page Financial Plan" by Carl Richards. 

Before writing "The One-Page Financial Plan," Richards worked for over 20 years as a financial advisor. Yet he and his wife were able to fit their entire financial plan on a single piece of paper. If you would like to learn how to simplify your own personal finances in the same manner, then be sure to give this book a read.

One of the most well-known books on personal finance, "Rich Dad Poor Dad" tells the story of how Robert T. Kiyosaki learned two different approaches to personal finance from two different men in his life — one who was rich and one who was poor. 

By comparing and contrasting these two approaches, Robert T. Kiyosaki paints a picture of how a person's mindset towards money can have a huge impact on their finances. The book is considered somewhat controversial for taking this angle, but there's no denying the fact that it presents plenty of valuable lessons on how to build wealth effectively.

Another well-known personal finance book, "Money: Master the Game" offers a seven-step financial freedom plan based on advice from some of the world's most successful investors. Following the financial crisis of 2008, Tony Robbins spent the next ten years researching personal finance in order to help average people achieve financial freedom. 

You'll find just about everything in "Money: Master the Game," from advice on mindset changes to actionable savings tips. You'll also find transcripts of interviews with Ray Dalio, Warren Buffett, Jack Bogle, and numerous other financial legends.

Published in 1949, "The Intelligent Investor" is certainly the oldest book to earn a spot on our list. However, the investing advice that "The Intelligent Investor" offers is still just as applicable today as it was all seven decades ago. 

Warren Buffett has said numerous times that "The Intelligent Investor" is the best book on investing ever written. If you would like to learn the same principles of value investing that Warren Buffett has applied throughout his life, then be sure to check it out. 

Looking for more book recommendations? We asked startup founders to share their favorite books on entrepreneurship, and here's what they said.

Despite what its title might suggest. "The Millionaire Fastlane" is not a book on get-rich-quick schemes. On the contrary, the book makes no bones about the fact that building wealth takes time, persistence, and risk. 

The path to wealth that DeMarco lays out in "The Millionaire Fastlane" challenges the traditional notions of what it takes to achieve financial success and presents a plan for how readers can earn their income independent of their time. If retiring young is one of your goals as an entrepreneur, then "The Millionaire Fastlane" is a book that you are sure to enjoy.

As one of the most recognizable names in the world of personal finance, Dave Ramsey has written numerous books on the topic. However, "The Total Money Makeover" is considered by most to be his best work. 

Tackling debt is the main focus of the book, but "The Total Money Makeover" covers plenty of other personal finance topics as well. If nothing else, the book's sheer popularity speaks volumes about how effective it is at helping ordinary people take control of their finances.

The focus of "The Millionaire Next Door" is teaching people how to avoid becoming what Thomas J. Stanley and his co-author William Danko call an "under accumulator of wealth." The book posits that most people could save half of their income or more and showcases the long-term value of doing so. 

According to "The Millionaire Next Door", the biggest key to building wealth is to start saving from the moment you begin to earn more than you need to support yourself. Along with plenty of insightful stories and first-hand anecdotes, the book also formulas and practical advice that anyone who wants to start building more wealth can put into action.

One of the problems with many personal finance and business books is the fact that they are often dry and boring reads. This isn't the case with "STACKED," however, which manages to incorporate plenty of wit and humor into its personal finance lessons. 

"STACKED" is a book that makes the topic of personal finance entertaining and approachable. It also manages to offer plenty of insight and wisdom along the way. If you would like to learn more about personal finance and have a great time doing it, then you are sure to find a lot to love about "STACKED."

Most people go their entire lives exchanging their time and labor for money. The real key to financial freedom, though, is figuring out how to generate income passively. 

In "Passive Income, Aggressive Retirement," Rachel Richards teaches readers how to make their money work for them rather than working for their money. Richards believes that creating passive income streams is not nearly as daunting or challenging as most believe, and "Passive Income, Aggressive Retirement" teaches you how to achier this rewarding goal. 

What’s your favorite personal finance book for entrepreneurs? Let us know in the comments!