The old adage “money can’t buy happiness” may be true, but having a healthy savings account and being financially stable certainly helps mitigate stress and worry in day-to-day life. Personal wealth building is important now more than ever. With rising prices and the increasing cost of living, building up a nest egg can give us peace of mind in case of unexpected expenses or a financial emergency.In an uncertain world, it’s crucial to have a solid financial foundation so that you can weather any storm and have the freedom to make choices in your life. Luckily, there are plenty of books out there offering tips on building wealth and increasing your net worth. From investing strategies to budgeting advice, these books offer valuable insights and practical steps to help start building wealth now. And with Audible offering a plethora of books on how to build personal wealth, there’s no excuse not to start working towards financial independence. But what are some of the best Audible books to check out today? Our suggestions below provide a brilliant starting point in your journey to building wealth.
Rich Dad, Poor Dad – Robert Kiyosaki
No personal finance book list would be complete without the iconic personal finance book, Rich Dad, Poor Dad by Robert Kiyosaki. With gripping storytelling and invaluable lessons on building wealth, this audiobook is a must-listen for anyone looking to improve their financial situation. Told from the perspective of a little boy, we learn how rich people think and how some people’s beliefs sometimes keep them from ever having enough money. One key takeaway from the book is that building wealth is not just about how much money you make, but also about what you do with that money. For example, for Kiyosaki, your home is not an asset but a liability. Kiyosaki also encourages listeners to invest in assets that will generate passive income, instead of allowing money to sit idly in a savings account.
12 Months to $1 Million – Ryan Daniel Moran
Are you tired of seeing “get-rich-quick” schemes that never quite work out? Are you ready to learn about building wealth the smart way? Then look no further than “12 Months to $1 Million” on Audible. This widely popular book teaches listeners the ins and outs of building a successful and sustainable business, from picking the right products to managing finances. One key takeaway from the book is the importance of setting attainable yet ambitious goals. By following a step-by-step, 12-month plan, listeners can set themselves up for long-term success and reach their financial goals. And don’t let the title fool you – while it may grab attention with its headline, this book delivers an actionable plan to build real wealth rather than empty promises. If you’re ready to start building real wealth, give “12 Months to $1 Million” a listen on Audible.
Broke Millennial Takes on Investing – Erin Lowry
Are you tired of being a broke millennial? Are you ready to start building wealth but have no idea where to begin? Then make sure to check out Broke Millennial Takes On Investing on Audible. Not only is the book narrated by the amazing and talented financial expert, Erin Lowry, but it also breaks down complex investing concepts into digestible chunks. Lowry tackles the tough questions that all new millennial investors face, such as how to balance student loan debt with investing for the future and how to invest in a socially responsible way. She also covers practical advice on robot advisors and investment apps, as well as where to find trustworthy online resources. This book serves as a guide for building wealth and achieving financial freedom in the modern age. One key takeaway? You don’t need to pay off your student loans before you start investing. In fact, you should do both or you’d be leaving money on the table.
Baby Steps Millionaires – Dave Ramsay
Have you ever wondered how the rich and successful manage to amass their wealth? Then make sure to check out Baby Steps Millionaires by personal finance guru Dave Ramsay. Through interviews with ordinary individuals who have paid off their debts and built extraordinary wealth, this book offers insight into practical strategies for building and maintaining wealth. One key takeaway is the importance of following a budget and building up an emergency fund to provide financial stability in case of unexpected expenses or job losses. This book isn’t about providing get-rich-quick schemes. It’s about building long-term wealth slowly and intentionally instead.
The 5AM Club – Robin Sharma
If you’re ready to take control of your mornings and unlock your full potential, The 5 AM Club is the book for you. In this captivating story, author Robin Sharma teaches about building wealth by rising early and making the most out of each day. One key takeaway from the book is the importance of “prime time,” or using those early morning hours for self-renewal and personal growth in order to achieve success. By waking up at 5 am, you can get in some exercise, journaling, and studying – all before the work day begins. With Sharma’s practical advice and easy-to-follow exercises, this book will undoubtedly inspire you to become an early riser and see success in all areas of your life.
The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness – Morgan Housel
How much do we truly understand about building wealth? Sure, you can crunch numbers and analyze market trends all day long, but your personal behavior is often the greatest deciding factor in building a strong financial future. In The Psychology of Money, author Morgan Housel explores the strange ways that our attitudes towards money can influence our actions and ultimately impact our ability to build wealth. Each story delves into relevant topics, such as the dangers of pride and ego in investing, the impact of personal experiences on financial decision-making, and the power of marketing on spending habits.
The 4-Hour Work Week – Tim Ferriss
The 4-Hour Work Week by Tim Ferriss is a must-read for anyone looking to become financially independent and maybe even work less in the process. In the book, Ferriss outlines his own journey from working 80 hours a week for a modest $40,000 annual salary to earning the staggering sum of $40,000 per month with only four hours of work. He provides practical tips on how to outsource tasks and responsibilities, eliminate unnecessary work, and plan mini-retirements. The principles he outlines are not just theoretical; they have been proven successful in Ferriss’ own life and in the lives of countless readers. Also, the most recent edition contains 50 practical tips from readers who doubled their income and improved their outlook on life all by reading the original book. So if you’re ready to leave the 9-5 rat race behind and achieve financial freedom, pick up The 4-Hour Work Week and start building your dream life today.
Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth – T. Harv Ecker
Our habits and attitudes toward money are deeply rooted in our subconscious minds, and they can often work against building wealth. But the good news is that we have the power to change our money blueprint and set ourselves up for success. In “Secrets of the Millionaire Mind,” author T. Harv Eker teaches readers how to rewire their thinking and adopt the same mindsets that rich and successful individuals possess. By changing our internal beliefs about money, we can open ourselves up to new opportunities for building wealth and achieving financial success. So, if you’re ready to unlock your inner millionaire, it might be time to add “Secrets of the Millionaire Mind” to your reading list.
Self Made: The Definitive Guide to Business Startup Success – Bianca Miller-Cole and Byron Cole
Are you tired of working for someone else and ready to be your own boss? Then make sure your check out Self Made: The Definitive Guide to Business Startup Success. Written by Bianca Miller-Cole and Byron Cole, two highly successful young entrepreneurs in the UK, this book offers a comprehensive toolkit for building wealth through starting your own business. With interviews with well-known industry experts and entertainers, this book covers every step of the startup process. No jargon here – just practical and implementable advice on turning a unique idea into a profitable business venture. It’s time to take control of your career and financial future – let Self Made be your guide to success.
Audiobooks that’ll teach you to build wealth: An overview
Looking for a way to build wealth? Our recommended Audible books provide a solid foundation to make it happen. For example, “Rich Dad Poor Dad” dives into the importance of building financial intelligence and teaching the reader about the power of passive income. And the “5 AM Club” focuses on the habits and mindset it takes to elevate oneself beyond distraction and mediocrity, setting the stage for achieving success in all areas, including building wealth. All of the books we discussed provide a great starting point for building knowledge and skills related to personal finance, money habits, and entrepreneurship. So why not take a page out of these books’ playbooks and start your journey towards financial freedom today?