Unlocking the Secrets of Wealth: Kiplinger's Top Personal Finance Book Recommendations

Amazon's humble beginnings as an online bookstore have blossomed into a retail juggernaut, but books and audiobooks remain a core part of its offerings. In celebration of Amazon Prime Day, Kiplinger editors and writers have shared their favorite money, personal finance, business, and retirement-related books, offering insights into why these titles have resonated with them.

Dive into the Captivating World of Business Literature

Liar's Poker: A Gripping Tale of Wall Street's Excesses

For Kiplinger's team, Michael Lewis' classic "Liar's Poker: Rising Through the Wreckage on Wall Street" was a game-changer, introducing the world of business non-fiction in a way that read more like gripping literary fiction. This book, along with Lewis' later works, including the acclaimed "Going Infinite: The Rise and Fall of a New Tycoon" about the FTX cryptocurrency exchange collapse, are available on Amazon in various formats, often at discounted prices.

The Millionaire Next Door: Redefining Wealth

Two books that have significantly shaped the Kiplinger team's thinking about money are "The Millionaire Next Door" and "Rich Dad, Poor Dad." "The Millionaire Next Door" challenges the notion of a heavy-consumption lifestyle, revealing that many wealthy Americans live relatively simply, consume less than average, and save and invest more, ultimately achieving financial independence. The Kindle edition of this book is currently available for $8, down from its usual price of $18.95.

Rich Dad, Poor Dad: Principles for Growing Wealth

"Rich Dad, Poor Dad" by Robert Kiyosaki teaches the fundamental principles of growing rich, emphasizing the importance of spending less on liabilities and instead investing in income-producing assets as a means of escaping the "rat race." The Kindle edition of this book is currently available for $6.82, a significant discount from its usual price of $9.99.

I Will Teach You to Be Rich: A Fresh Perspective on Budgeting

Ramit Sethi's "I Will Teach You to Be Rich" is another favorite, as it offers a guilt-free approach to spending and budgeting, providing a valuable new perspective on achieving financial well-being. The Kindle edition of this book is currently available for $5.99, down from its usual price of $16.99.

In This Economy?: Decoding Economic Complexities

Kyla Scanlon's "In This Economy?: How Money & Markets Really Work" has also caught the attention of the Kiplinger team, as it breaks down complex economic concepts, including the Federal Reserve and inflation, in a straightforward and easy-to-understand manner. The Kindle edition of this book is currently available for $13.99, a significant discount from its usual price of $29.

The Retirement Savings Time Bomb: Expert Advice on IRAs and Retirement Plans

Ed Slott's latest book, "The Retirement Savings Time Bomb Ticks Louder," is praised as a great source of advice on IRAs and other retirement plans, making it a valuable resource for those planning for their golden years. The Kindle edition of this book is currently available for $13.99, down from its usual price of $17.72.

Navigating the Real Estate Landscape and Personal Finance Fundamentals

The Kiplinger team also recommends "The Real Estate Game: The Intelligent Guide To Decision Making and Investment" as a helpful read on real estate investments, whether for profit or for one's own home. Additionally, "Money Out Loud: All the Financial Stuff No One Taught Us" is highlighted as a good buy for young people seeking basic financial literacy.

Empowering Financial Decision-Making

Matt Schulz's "Ask Questions, Save Money, Make More: How to Take Control of Your Financial Life" is praised for its practical tips on managing credit card debt, lowering mortgage bills, dealing with healthcare debt, and saving on various expenses.

The Savage Truth on Money: A Comprehensive Financial Guide

"The Savage Truth on Money" by Terry Savage is particularly commended for its ability to show anyone, regardless of age, how to take responsibility for their financial future by leveraging technology to improve decision-making, control spending, and manage debt. The book provides a solid foundation for navigating the ever-changing financial landscape.

A Random Walk Down Wall Street: A Classic Investment Guide

No list of personal finance book recommendations would be complete without the inclusion of Burton Malkiel's "A Random Walk Down Wall Street," a timeless classic that the Kiplinger team considers a must-read for anyone interested in investing.