Wealth – 5 Books To Read If You Want To Build Wealth

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“Readers are Leaders, Leaders are Readers.” This statement is as true for finance as it is for any industry. I frequently watch documentaries on the lifestyles of the “uber rich” and those who have acquired great wealth. Among their mega yachts, helicopters and gulf-streams, sports cars and fully decked mansions, these great men and women have one other thing in common, they all have a personal library and many of them accredit their wealth to that similarity. I also noticed that all my lecturers who are internationally recognised as leaders in their fields have a collection of books on their areas of expertise.

Certainly then, there is something to the adage. The application of this simple idea can help you to make significant advances on your road to financial independence. In this article, I introduce five of my favourite books, to date, on wealth creation/acquisition. Certainly there are hundreds of other books on the subject but these form the foundation of my financial education.

Wealth Building Book #1.

Think and Grow Rich- Napoleon Hill

A classic, and one known to almost all students of Personal Development. Napoleon Hill was charged with finding the secrets to success by his mentor Andrew Carnegie. This book, synthesised from a fifty volume set, comprise the secrets he learnt from interviewing the richest and most successful people of his time.

Wealth Building Book  #2.

Secrets of the Millionaire Mind – T. Harv Eker

A twenty something year old T. Harv Eker moves back home to live in his parent’s basement for the third time after failing in numerous business ventures. It was at this point that a friend of his father offered him the advice that would start him on a path to finding some fundamental secrets to wealth. What did he find? Wealthy people have wealthy minds. He would then go on to make millions and formulate the seventeen wealth files that reprogram one’s mind for financial success.

Wealth Building Book #3.

The Richest Man in Babylon – George S. Clayson

One of my all-time favourite books. While the two books mentioned before allow you to discover and develop the mind-set of financial success, Cayson’s, The Richest Man in Babylon provides practical steps that you can employ (today!) to take control of your financial situation. This book offers invaluable, practical advice through its many short stories. You will learn the three most important lessons for acquiring wealth, the seven cures for a lean purse and the five laws of gold.

Wealth Building Book #4.

The Millionaire Master Plan – Roger James Hamilton

If the language of the Richest Man in Babylon seems too archaic, then Roger James Hamilton’s The Millionaire Master Plan is the 21st century equivalent. Some people do not know where they stand financially. In this book, Roger outlines the seven levels of the wealth lighthouse and identifies five types of geniuses. He then uses real life examples to show how any genius at any level can take control of his finances and progress upwards in the wealth lighthouse. While not a famous book/best seller, it is highly recommended and features a code in each copy that grants access to some valuable extras.

Wealth Building Book #5.

The Intelligent Investor- Benjamin Graham

Dubbed the definitive book on value investing, The Intelligent Investor is by far one of the most iconic books in the world of finance. It has been endorsed by Warren Buffett, the most successful investor of this age. This book will not only teach you the basic laws of investing but will grant you a new and useful skill, that of analysing businesses.


Wealth Building Book #6.

Rich Dad Poor Dad- Robert T. Kiyosaki

If you are ready to take it up a notch in terms of increasing your financial education then Robert Kiyosaki’s Rich Dad Poor Dad is one book you definitely want to read. This book has been the subject of much controversy, challenging the main stream idea of your house being an asset. However, there is much valued financial information resident in its pages and with over twenty six million copies sold, the book has gone down in history as one of the most popular books on personal finance.

Bottom line

Attaining financial independence is about far more than money. There is more “money” in the world now than there has ever been and most of it is in debt. We go to school to study particular courses that we may graduate as competent professionals but we rarely read anything related to the management of our own finances. It is therefore not surprising to see that most of us have such bad financial report cards. If we want to change that then we must become students of money. I have found that the above books provide sound financial information thus enabling anyone to increase their financial intelligence.

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