In his book Automatic Wealth, business guru and investor Michael Masterson lays out a plan for how to achieve financial independence within 7 to 15 years. Though some his principals are oversimplified and general, he does do a good job of laying out what you should do to build wealth quickly.

The three main points in the book are as follows:

1) Increase how much you make at your job by increasing how much value you bring as an employee. Read the rest of this entry

First published in 1937 during the great depression, Think and Grow Rich written by Napoleon Hill is an absolute classic and a must have. Hill’s inspiration came directly from the great Andrew Carnegie’s magic formula for success. Hill will show you the great secret and how to master it. Once mastered, Hill claims that you may have whatever you want in life.

            Think and Grow Rich begins with the first chapter titled: “Thoughts are Things.” He tells a story of a man who literally thought his way into a partnership Read the rest of this entry

If you don’t have much time to plan your finances, or you just want an easy financial game plan, then the Automatic Millionaire by David Bach is the book for you. In his book, David will show you how you are likely wasting a lot of your money and how you can follow one simple step to achieve financial success. David will show you how easy it really is to become wealthy. A must read for anyone entering the world of personal finance.

David has been recognized for coining the phrase “the latte factor” which is an expression for how much money we waste on items we don’t really need. He challenges the reader to put their own finances under a microscope and evaluate if they are spending money on unnecessary items. Save first, and then invest the difference.

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         If you would like to learn about personal finance but hate the confusing terminology and financial jargon, then look no further than The Wealthy Barber written by David Chilton. This is a book that teaches about basic financial concepts and money management skills in plain understandable English. David uses the power of storytelling to unmask and simplify some of the most basic but confusing financial concepts. If you are new to personal finance, or just want to learn more, this book will surely not disappoint.

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