8 books that can help increase your net worth.
Key PointsFinancial advisors offer their suggestions for what to read to improve your saving and investing habits and boost your understanding of economic and market trends.If you're looking to boost your financial IQ this summer, reading these books is one way to get started.
"I find most personal finance books skip this oh-so-important aspect of trying to improve your financial situation by focusing on your earning power, rather than just your expenses or your portfolio investments," Kitces said. "That's what puts his book high on my list."by Jim Stovall and Tim Maurer covers your overall financial situation, including your cash flow, insurance coverage and estate plan.
Reading the book should give you an understanding of how all decisions – from buying a home to a car – impacts your long-term wealth, according to Dorsainvil.was first published in 1937 and draws lessons from rich men of that era, including Andrew Carnegie, Thomas Edison and Henry Ford. "Ridley does a masterful job of contextualizing the progress of modern society in an accessible way, laying the groundwork for rationally expecting the world of tomorrow to be materially better," West said. "The book was published after the financial crash but now seems just as timely."is aimed at helping parents of children from toddlers to young adults teach money management.
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