5 Personal Finance Books You Should Be Reading in 2022 – Forbes | Vette Leader

I wrote a very similar article in 2020 with a list of five books I thought everyone should read. I stand by every single book I picked for this list, but with so many new personal finance books coming out every week — and my tendency to discover some books a few years after they’re published — I thought it would be time to add some of my newer favorites. All of the books I recommend are on my shelf, and I loved them so much I put the authors on my podcast to talk about them.

1. STACKED: Your super serious guide to modern money management

By Joe Saul-Sehy and Emily Guy-Birch

No matter how hard we try to avoid it, and no matter how many resources we publish on financial topics, we still leave people behind. This book tries to change that. And from podcast legend Joe Saul-Sehy of Stacking Benjamins and bestselling author Emily Guy-Birken, this book is an automatic winner. I’ve had the pleasure of speaking to Joe about this book on my podcast which I hope you will check out.

The reason I recommend this book is that it does something very few other books have done: It makes finance fun and accessible. Without a formal education in personal finance provided by schools, we are on our own to learn about money and it can be daunting. Books like STACKED take the stress out and make it something you can dip your toe into before diving head first.

My favorite part (and since mine was published first, I take credit for being the inspiration) is that I end every chapter of my book the same way, Don’t retreat. Graduate!with an additional credit allotment, this book ends each chapter with a checklist of accomplishments you can check off to earn your badge of merit.

Get the book here.

2. Save your retirement! (Retired from mass destruction by the 7 villains)

By Patrick Strubbe

This is probably the most unique personal finance book I have come across. It’s X-Men hits money in the best way. I was also able to chat with Patrick Strubbe about his book and it’s one of my favorite podcast episodes to date.

I recommend this book because it takes seven very important but often misunderstood or ignored financial concepts and illustrates them (literally) as comic book villains trying to thwart your financial plan. It’s fun and different and shares many of my ideologies (although I don’t recommend it for that reason). This is a great book for adults who are further along in their financial journey and want to protect their retirement.

Get the book here.

3. Simple Wealth: The practical guide to changing your relationship with money and living in abundance

By Holly Morphew

I often say that “financial advisor” is a title anyone can give themselves. That’s why I emphasize the importance of the fiduciary standard and why my team has decided to require all of our consultants to be CERTIFIED FINANCIAL PLANNER™ practitioners and adhere to the strict code of ethics that comes with the designation.

The same goes for financial coaches.

I recommend Holly’s book for several reasons. First, because she took the extra step to become an Accredited Financial Counselor®, so I know she adheres to a similar code of ethics as I do.

Second, I know her story and I know that authenticity is a value she holds dear. This book is authentic in every way. She talks about her own struggles with money (some of which she shared with me on the podcast), digging into and then digging into massive credit card debt, and also talks about something I talk about a lot myself: things that matter more are than money. Her book examines mindsets and core values, as well as gratitude and giving, not just saving money and paying off debt.

Get the book here.

4. Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence (and How to Get Started!)

By Rachel Richards

Rachel Richards is one of the most extraordinary people I have met in a long time. Without a trust fund or a six-figure salary, she managed to retire very comfortably at the age of 27. And she’s retired, in the new and improved definition of the word, because she’s financially independent but still productive and active, helping others to duplicate her success.

I recommend this book to anyone who wants to build passive income but isn’t sure where to start. Rachel outlines several ways you can create your own passive income streams that can be easier and less daunting than you may have believed.

She’s been an amazing podcast guest and even gave me some tips on how to double her success as a best-selling author.

Get the book here.

5. Don’t retire… Graduate!: Building a path to financial freedom and retirement at any age

By Eric Brotman

You know me well enough by now to expect me to squeeze my own book in here. But I don’t do it for the reasons you might expect. I have no intention of retiring with the royalties from book sales. In fact, if I ever earn enough royalties to cover the cost of publishing the book, I’ll be more than satisfied.

I’m including my book because I genuinely believe it’s one of the most powerful tools out there. Especially for readers in their 20s who are just starting out, this book can walk you through all the steps I would take with a client in a lifelong consulting relationship.

It includes steps and worksheets to eliminate debt, create a budget, calculate your net worth, make sure you’re properly insured, create a living will, structure your portfolio, and anything else you need to do to get started on the way to be in retirement . It might seem contradictory to post this, because for $16 you can do for yourself what our consultants are paid to do for our clients. But I know not everyone has the skills to hire a financial advisor and I want those people to have the tools they need.

So hopefully you’ll forgive the self-promotion and check out my book too.

Get the book here.

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