Women have a much more complicated relationship with money around the world. We pay pink taxes, endure a steep wage gap as well and take the brunt of global inflation because of the inflation gender gaps. And so, women need to know and do much more than others to enjoy financial success and manage their money responsibly.
One of the best ways to do that is to start reading the best books about personal finance, as well as financial self help books for women with money. The good news is that there are many New York Times bestsellers that currently stand as must read finance books for women as well as young adults.
So in this blog post, I’ve compiled a list of the best personal finance books of all time for all of your financial goals!
9 Best Personal Finance Books for Smart Women
Ready to take charge of your financial freedom? Coupled with some key takeaways I found, dip your toes into these 10 best books about personal finance for women!
Get Good with Money: Ten Simple Steps to Becoming Financially Whole
Best for: Achieving comprehensive financial well-being through simple steps.
If you’re searching for the best books on personal finance for beginners, this is already yours! Get Good with Money by Tiffany Aliche is your ultimate guide to achieving financial freedom, breaking down complex concepts into ten simple steps.
Aliche’s actionable advice on budgeting, saving, and investing transforms financial wellness into an achievable goal. She also talks about building a credit score to make big-ticket purchases like a car or house easier!
Key Takeaways:
- Craft a personalized and automated budget that suits your lifestyle and aspirations.
- A budget is not about limitation. It’s about liberation.
The Index Card: Why Personal Finance Doesn’t Have to Be Complicated
Best for: Easy-to-follow financial advice for beginners.
Tired of the financial jargon and want a read that feels human? The reason this book by Helaine Olen ends up as one of our best books on personal finance is because it’s teeming with effective rules, persuasive explanations, and fascinating data.
In The Index Card, the authors advocate for a simple and straightforward approach to personal finance. They argue that individuals can achieve financial success by following a few key principles, which can fit on an index card. The book covers topics such as saving, investing, and avoiding common financial pitfalls.
Key Takeaways:
- Embrace low-cost index funds for a winning investment strategy.
- Start automatic saving today, even just 3-5% of your income and work your way up. Force yourself to because other forces are working against you.
Smart Women Finish Rich
Best for: empowering women to make informed financial decisions for their future.
Smart Women Finish Rich by David Bach is a million-copy New York Times bestseller and one of the best finance books to read for women. This 432-page read is a personal finance classic that builds up a strategy on how to create a value-based life and fund all your dreams!
The book covers foundational financial topics such as budgeting, saving, taxes, and investing, tailored to women’s unique financial challenges. Bach emphasizes the importance of taking control of your finances to build wealth and security.
Key Takeaways:
- Prioritize paying yourself first through regular saving and investing.
- Set up automatic contributions to retirement accounts.
- Understand and manage the impact of taxes on your finances.
On My Own Two Feet: A Modern Girl’s Guide to Personal Finance
Best for: Young adults and women looking to set and achieve financial goals.
On My Own Two Feet by Manisha Thakor and Sharon Kedar is a relatable guide for young women navigating financial independence.
Whether you’re just starting to make money with your first real job or you’ve moved out of your hometown, picking up this amazing book can be one of the best moves you can make as a young adult!
It covers essential personal finance topics, including budgeting, managing credit, investing, and planning for major life milestones. The author also shares her personal experiences and how she was able to benefit from the financial habits she lists in the book!
Key Takeaways:
- Mastering credit management is critical to a solid financial foundation.
- Investing in yourself is the best investment you will ever make.
- Craft a personalized financial roadmap that aligns with your dreams.
You Are a Badass at Making Money: Master the Mindset of Wealth
Best for: Shifting money mindset and financial wellness motivation.
You Are a Badass at Making Money: Master the Mindset of Wealth is your ticket to a transformative journey of financial empowerment. While not exclusively a personal finance book, “You Are a Badass at Making Money” focuses on the mindset and psychology behind achieving financial success.
In fact, this book is so powerful that it’s claimed as the best personal finance book for young adults by many influential people!
Jen Sincero dismantles limiting beliefs and guides you in cultivating a mindset primed for financial success. She combines motivational insights with practical advice to help readers overcome limiting beliefs, develop a positive money mindset, and take action toward creating wealth.
Key Takeaways:
- Money isn’t evil and your adversarial relationship with it keeps you from realizing your full potential.
- Putting positive energy out into the universe, especially about finances, will do wonders to improve your situation.
- To make your money goals become reality, get specific about the amount of money you want and what you’ll use it for.
Financial Feminist: Overcome the Patriarchy’s Bullsh*t to Master Your Money and Build a Life You Love
Best for: Feminist approach to financial empowerment.
Financial Feminist takes a feminist approach to personal finance, encouraging women to challenge societal norms and take control of their financial futures. Tori Dunlap addresses the intersection of feminism and money, offering advice on earning, saving, investing, and advocating for yourself in financial matters.
This book isn’t just about money – it’s about reclaiming your power, shattering stereotypes, and forging a financial path that’s unapologetically yours.
Key Takeaways:
- Challenge gender-based financial disparities with informed action and advocacy.
- Wage negotiation isn’t a negotiation – it’s a declaration of your worth.
Financial First Aid: Essential Tools for Confident, Secure Money Management
Best for: Building emergency funds and navigating financial challenges effectively.
We all come across a financial emergency every now and then. It can be something as inconvenient as the car engine breaking down on the way to work, or something as horrible as a medical bill out of the blue!
Financial First Aid by Alexa Von Tobel is my personal go-to toolkit for navigating the choppy waters of financial uncertainty. It’s one of the best books on money management for raining days!
With emergency planning, debt-disrupting strategies, and rock-solid foundation-building, this book equips you with the confidence to conquer financial challenges head-on and emerge victorious.
Key Takeaways:
- Build an emergency fund that’s your financial safety net in times of crisis.
- When it comes to financial anxiety and the unknown, you have more power and control than you think.
The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Best for: Exploring women’s relationship with money and financial security.
Written by the chief marketing officer at Pontera, this book is an incredible read for women’s financial literacy. Possibly one of the best financial advice books, The Psychology Of Money covers many crucial aspects of money management, including savings, risk management, and the power of compound growth.
Morgan Housel delves into the behavioral aspects of financial decision-making. The book explores the impact of emotions, biases, and individual perspectives on money-related choices, providing insights into achieving lasting financial success.
Key Takeaways:
- Compound interest is a powerful force. The earlier you start saving and investing, the more time your money has to compound.
- Financial success is not just about money. True financial success is about achieving security, freedom, and peace of mind from living within your means and making intelligent financial decisions.
Money Made Easy: How to Budget, Pay Off Debt, and Save Money
Best for: Budgeting and debt reduction strategies.
Andrea Carter’s Money Made Easy isn’t just a book – it’s your treasure map to unlocking financial freedom. From budgeting brilliance to debt demolition, this book is a great read for anyone looking to empower themselves to seize control of their financial fate.
Carter unveils the art of budgeting within this read to improve your financial literacy, providing you with the tools to sculpt a financial plan that aligns with your aspirations.
Featuring practical strategies and actionable steps, this book empowers you to make informed decisions that propel you toward your financial goals. So if I had to choose a winner amongst the best books for personal finance, this would be it!
Key Takeaways:
- Identifying your money pattern solves 80% of the question, “how do I pay back my debts?”
- Sinking funds are worth exploring for those who want to take on their financial freedom!
Final Thoughts on the Best Books on Personal Finance
One of the most common hobbies amongst billionaires and millionaires is that they like to self-educate themselves by reading books on money management. If you’ve been wanting to gain financial independence, these top 9 financial advice books can up your game and teach you tips and tricks that you didn’t know otherwise!
So when it comes to growth, make sure to add our top 9 best books on financial literacy for women to your reading list this year!
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