5 Best Books On Financial Literacy For Beginners

These are some of the best books on financial literacy for beginners. They’ll help you learn the finance basics that every adult needs to have a successful life.

You know what’s crazy? We spend over 6 years of our lives in school from K-12, yet personal finance isn’t taught during it. Sure, we learn how to count coins, add and subtract, but how many are truly taught to manage money?

We’re taught what we need to earn money, then dumped off to join the 9 to 5 bandwagon. It’s no wonder that about 120 million Americans carry credit card debt.

In order to get ahead in life, it’s important to learn the basics of:

  • Budgeting
  • Saving money
  • Getting out of debt and staying out
  • Investing

These books are aimed to teach you just that! If we’re not going to be properly equipped with the tools needed to have a successful life, then we have to seek them ourselves.

Related: If you’d like to teach your kids to value money, here are the best books about money for kids.

Even if you don’t enjoy these financial literacy books, it’s important to find the best one for you. Every book resonates with people in a different way, and one book will make you go “ah-ha!” where another couldn’t.

Don’t think you have anything to learn? Take this test to check your financial IQ.

Pinnable image: 5 best books on financial literacy for beginners with bookshelf picture

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Best financial literacy books for beginners:

The 21-Day Financial Fast: Your Path to Financial Peace and Freedom

by Michelle Singletary

This three-week financial fast teaches you how to break bad spending habits, start a plan to be debt-free, save for emergencies , and reach financial peace.

It includes worksheets and guidelines to do the fast group or church setting.

Add to cart button: The 21-Day Financial Fast

From Paychecks to Power: 7 Power Moves to Unlock Wealth Building

by Shannaan Dawda

In this book, the financial coach, Shannaan Dawda, teaches readers how to identify the personality traits that contribute to their spending habits. After learning how to break those bad habits, work on eliminating debt, saving money, and investing.

Readers enjoy the incorporation of his personal experiences.

Add to cart button: From Paychecks to Power

Rich Dad, Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!

by Robert T. Kiyosaki

Rich Dad, Poor Dad is not a book that teaches you how to be rich, but it teaches you what rich people do differently than poor people.

The most important lesson that many takeaway from this book is the difference between assets and liabilities, and how to use your money to make money.

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The Richest Man In Babylon

by George S. Clason

Leaning on the secrets of ancient Babylonians, this book teaches the importance of saving, investing, and getting out of debt.

The core principles of the book are an easy read for both teenagers and adults to get a handle on their finances.

Add to cart button: The Richest Man In Babylon

Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth

by T. Harv Eker

Secrets of the Millionaire Mind focuses on identifying your money and success blueprint in order to gain and retain money.

Readers don’t like the amount of times that he markets is seminar in the book, but they do value the advice in it. It’s a motivational book that helps shift your thinking to reach financial success.

Add to cart button: Secrets of the Millionaire Mind

Don’t forget to also check out the selection at your local library!

“Each One, Teach One.” Share what you think are the best financial books for beginners below.

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