This post contains affiliate links. Affiliate disclosure: As an Amazon Associate, we may earn commissions from qualifying purchases from Amazon.com and other Amazon websites.
This article showcases our top picks for
Finance Books For Young Adults. We reached out to industry leaders and experts who have contributed the suggestions within this article (they have been credited for their contributions below).
We are keen to hear your feedback on all of our content and our comment section is a moderated space to express your thoughts and feelings related (or not) to this article
This list is in no particular order.
This product was recommended by Gary Huxtable from SaasMatch
This is a great introduction to economics for everyone. No jargon or pages of charts. Great for anyone wanting to get a better idea of what economics, money, markets and business really is.
This product was recommended by Gary Huxtable from SaasMatch
This is a series of books where Jack interviews some of the best traders & investors of all time. You get an understanding of their mentality. A key take away is whilst there’s many different styles. It’s always about repeatedly putting yourself in favorable risk and reward positions. This is true in both trading, investing and business.
This product was recommended by Joshua Geake from Exam Ninja
Rich Dad Poor Dad is the book I wish I had read in my 20s. In only 330 pages, Robert teaches the reader how wealthy people make their money, how they keep more of it and how simple changes can help anyone break free of the rat race. By reading this engaging and influential book, young adults will get a better understanding of personal finance and avoid the easy pitfalls that many of us fall for.
This product was recommended by Tracy Acker from GetPaydayLoan
The Millionaire Next Door is a classic finance book about the characteristics shared by wealthy people. It demonstrates to readers that it is possible to retire wealthy without living in mansions or having luxurious possessions. According to Thomas J. Stanley, the wealthiest people do not spend their time flaunting their wealth. He also implies that becoming a millionaire does not require a high-profile life.Instead, you can become a millionaire by being wise and frugal with your money. Stanley explains that millionaires achieve their status by working hard, knowing where to spend their money, and living frugally. It provides a different perspective on what it means to be wealthy.
This product was recommended by Stella Cooper from PaydayLoansUK
This comprehensive guide is ideal for young adults. It will help them overcome financial situations like budgeting, reducing debt, and savings. Learn this book to take charge of your financial life from a young age. This book includes new tax bills and emerging investing interests like global investing, technology, and cryptocurrency. This book helps identify the areas in which readers improve their financial strategies. Also, learn about international investing. Evaluate your financial fitness, assess your credit score, and make smart investments.
This product was recommended by Alice Li from First Day
My favorite business book is Shoe Dog by Phil Knight. It is a truly inspiring story of a young man who had a passion for running which led him to head a billion-dollar business later in his life. This book tells you that you have to find your calling and stick to it if you want to be successful in your life. It’s a great book for entrepreneurs as it charts the journey of one of the most successful entrepreneurs of all time. You get to learn valuable lessons about the importance of believing in yourself and sticking to making your idea successful no matter how long it takes or whatever it takes. It also tells you that society wants you to conform but you have to listen to your inner voice and work to make your idea successful. This book is full of great lessons for anyone in business, no matter where they are or who they are in their professional career. Moreover, it’s a riveting story of overcoming seemingly insurmountable challenges and is a thoroughly joyful read.
This product was recommended by Ross Jurewitz from Jurewitz Law Group
Not that Millennials are all that young anymore, but I think that this book does an excellent job of breaking down financial topics that a usually a bit chewy into accessible and interesting chunks – I absolutely intend on getting my teenage daughter to read this book in a couple of years.
This product was recommended by Rohan Kadam from Biking Know How
This is a very action-driven personal finance book. It is worth $31.50 and I say that it is worth investing time and money in reading this book and implementing the recommendations given by Ramit. All of my learning on personal finance has come from this book. This book will help one to optimize one’s finances. Ramit’s recommendations mentioned in this book are well researched and Ramit also shares profiles and interviews of the best folks from the world of personal finance. This book has helped me increase my net worth. Using tips from this book I was able to max out my 401K and Roth IRA accounts. I also opened good investment accounts like an interest-bearing checking account. I feel very confident about my retirement plan and I am sure all of this would not have been possible had I not invested in this personal finance book from Ramit.
This product was recommended by Rachel Mars from Architecture Ideas
This book is the perfect book for learning fundamentals. It was written by late founder Vanguard and both of them invented and popularized the concept of index funds. It describes how to implement a low-cost, tax-saving approach that helps to achieve above-average returns. There is one risk with this book that it may look simple but the study shows that strategy will continue to outperform other investors.
This product was recommended by Rachel Mars from Architecture Ideas
If struggling with debt, Ramsey’s this book is all you will read first. This book gives a combination of practical advice and motivation which is necessary to start your payoff. Ramsey has helped around 10,000 people to get out of the debt and the tips and tricks he has shared in this book.
This product was recommended by Rachel Mars from Architecture Ideas
This book was updated in the year 2018 and it has transformed the lives of many people. This book clearly states that what makes us happy in life isnt wealth or more stuff but it is the freedom of time. This book shows how to achieve more time by achieving financial independence i.e. passive income from your expenses cover’s your expenses.
This product was recommended by Richard J. Brandenstein from FBRLaw
Though this book is not specifically for finance, I think that it’s one of the more important books that young adults should read in order to understand a little more about the way that life works and how to manage yourself which will inevitably be reflected in their financial confidence.
This product was recommended by Michael Jan Baldicana from Pyramid Credit Repair
Dear Debt is a book that features the voices of people who have gone through debt. It discusses the different ways in which debt affects people, and the different methods that individuals can use to overcome their debt. Dear Debt was written by Melanie Lockert. She wrote this book to help those who are struggling with debt to understand their situation and find solutions to their problems.
This product was recommended by Anastasia Allmon from FRP Legal
Everyone needs to pick up a finance book at some point in their lives, even if you think you know everything there is to know, there’s no harm in going back to the basics. And if you don’t even think you know the basics, then you should grab this book. It breaks everything down into easily accessible facts and information and should be checked out by anyone who wants to get a better grasp on their financial situation.
This product was recommended by Jonathan R Brockman from Brockman Injury Lawyer
I think that this book is great for anyone trying to figure out their finances, and is even accessible to younger people who have never studied economics. Inside you’ll find colorful graphics and easy-to-follow text that might not make you an expert, but should certainly help you feel a lot more confident with your knowledge of finance, or at will at least point you in the right direction of the next book you should read.
This product was recommended by Tobias Vogt von Heselholt from My Retirement Doc
How to Retire Healthy is an informative yet easy read. It’s designed as a conversation, not a boring personal finance book. Divided into the decades of life, the book starts by talking about financial expectations versus reality, the psychology of money, and goals, before progressing step-by-step through each decade. Along the way you’ll learn the three keys to becoming a self-made millionaire. Remember, personal finance isn’t hard, experts, lack of organization, and emotion just make it feel insurmountable.
This product was recommended by Sara Lohse from BFG Financial Advisors
Don’t Retire… Graduate! is a step-by-step guide to reaching financial independence-no matter where you’re starting from. Laid out chronologically, the first sections cover everything a young adult needs to know about money, including paying off debt, building an emergency fund, and understanding basic financial planning concepts. As the book goes on, the topics progress to follow you as you grow in your financial life, getting into more advanced concepts including estate planning, portfolio design, and leaving a legacy that’s more than money. If picked up early, this is the only book you’ll need as you build your path to retirement.
This product was recommended by Tim Absalikov from Lasting Trend
The book will teach its readers to keep a budget for investing or saving, pay off their student debt, file taxes, and even buy a house. It is a kind of a guide on how to make reasonable financial moves. Written by a certified financial planner, the book will give you valuable pieces of advice in financial matters.
This product was recommended by Sara Graves from USTitleLoans
Financial success doesn’t come overnight, it requires sound knowledge of financial concepts and the right strategy. When it comes to learning basic financial terms in simple language, The Young Adult’s Guide to Financial Success beats the rest. Written by a successful finance expert, the book tells young adults how to get their financial life in order and achieve their financial goals. It explains different ways to ensure the successful implementation of financial strategies. You can learn how to spend your money wisely, get your financial acts together, live a debt-free life, make retirement plans, and use credit cards appropriately. Hence, whether you are a recent graduate or studying at university, read this amazing book for financial literacy and prepare yourself for upcoming fiscal challenges.
This product was recommended by Melanie Musson from Clearsurance
When you’re trying to learn, one approach is to take in information through several avenues. For some people, simply reading words on a page isn’t enough. This finance guide combines written words with descriptive infographics, making it easier to grasp the concepts and advice. This book covers the basics in many areas of finance that are practical for real-life situations. Once you understand these concepts, you can dig deeper, but without a good foundation, you may flounder for years.Even though finance can seem like a dry subject, this book keeps it interesting so that you’ll actually enjoy reading it and learning.
This product was recommended by Alison Hamar from Transizion
Foundations in Personal Finance is a comprehensive guide to personal finance for young people. The book can be used with or without a DVD course that is also available. This is a great tool for parents who want to help give their child foundational knowledge in personal finance.