It's paycheck time again. Are you holding your breath, hoping that your paycheck will clear before you get overdraft charges?
Maybe you aren't quite that bad off, but you are one of the 78% of people that couldn't make ends meet for six months if you lost your job.
If you couldn't make it six months without a paycheck, this article is for you!
First of all, let me say that I've been there, many times. I started off my adult life $30,000 in the hole from medical debt at age 18, making minimum wage. It's not fun digging out of a hole like that! It is possible though.
That's why I wrote this, to give you some resources to get started.
They say you can lead a horse to water, but you can't make him drink. Well, here's the water. Hope you drink up! If you don't, then next time you're broke, don't come complaining to me!
Here are 3 books that I feel every person should read if they want to get a handle on how money works.
The Millionaire Next Door
No collection would be complete without The Millionaire Next Door by Dr. Thomas Stanley and Dr. William Danco.
This well researched book dispels many of the myths around what it takes to become a millionaire, and how they act.
I've been blessed to personally know a number of millionaires and multimillionaires in my life, and this guy is spot on with his research.
Read this, and you'll get an idea of what it takes to get and stay rich.
The Richest Man in Babylon
The Richest Man in Babylon is an absolute classic.
Looking for a simple, no nonsense look at how to save money and build wealth? A best seller since 1926, this short 144 page book is a fast read and explains how to build wealth with a minimum of frills.
The Total Money Makeover
Looking for a complete step by step guide for building wealth? Dave Ramsey's Total Money Makeover will guide you through the process, step by step.
There's a reason why Dave is one of the top names in the financial industry. His stuff works! Only if you actually do what he says though. You can lead a horse to water...
Too busy to read all these? Here's a summary I wrote which combines the advice from all three of these books along with a stack of others that I've read and my personal experience.
This summary takes less than 5 minutes to read, and you'll get the key points that successful people use to generate wealth, including how I've added over $100,000 to my own net worth over the last few years.
Have a wonderful day!
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Money Money Money. MONEY! 3 Books You Should Read to Understand Money Reviewed by Don Smith on 1:49:00 PM Rating: