Tuesday, September 6, 2016

Another Recommendation on Finance Books Millennials Should Read

Top 3 Finance Books Millennials Should Read

Creating a financial plan can be tough. Millennials today are starting off in a very different world from past generations. A Millennial is defined as a person reaching young adulthood around the year 2000. With technology booming, there are now apps and books available to them that weren’t available to previous generations.

Just starting off can be a game changer for Millennials today. In this article we will discuss three books that are a must read for Millennials to give their financial future a boost in this ever changing economy. Out of possibly millions of books, these three are definitely the most informative on the topics of keeping the books and saving for the future.

1) Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By

This informative book by Cary Siegel gives those that are just starting out a descriptive overview of real life finance. Cary Siegel is a retired business expert who spent years in finance. After receiving his MBA from the University of Chicago, he started his career in brand management for Kraft. He went on to lead several other companies and is best known for his marketing and sales techniques.

Originally, writing this book for his kids, Cary became so financially successful that he was able to retire at the age of 45. Cary outlines his step by step plan from starting out to retirement. This is a must read for any millennial.

2) Soldier of Finance: Take Charge of Your Money and Invest in Your Future

This gem was written by Jeff Rose, a financial blogger, author, speaker, veteran, entrepreneur, and financial advisor. Rose took up finance when he was discharged from the U.S. Army. After his studies in finance, he grew a passion for helping the younger generation kickstart their financial future. Rose had no financial background and literally stumbled into the financial world by chance. Now he writes for many financial blogs.

This book has all the keys needed for a financial start. Rose, sharing his personal success path, steers young beginners down the right financial path, and offers the do's and don'ts as they progress down the path toward their future. This book is directed toward anyone that needs advice on how to jumpstart their finances.

3) How to Manage Your Money When You Don’t Have Any

Written in the fall of 2011, Erik Wecks wrote this book with the catchy title with his children in mind. An Amazon bestseller, this book of basic financial advice has shown many young people how to get started. Now, with over 80,000 families on the right track, this book claims the credit. This book is directed toward those who want to stop treading water and need practical advice on how to become less dependent on a paycheck to paycheck status.

In conclusion, there is nothing more important than making sure you reach financial security. It is recommended that Millennials read all three of these books. These books will provide the key to reaching financial maturity sooner in life rather than later.

David Milberg is an financial analyst in NYC.

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