Sammie Ellard-King
I'm Sammie, a money expert and business owner passionate about helping you take control of your wallet. My mission with Up the Gains is to create a space that improves your finances, cuts your costs and helps you feel good while doing it.
Financial freedom is maybe a term that you’ve heard bandied around numerous times. It tends to be one of those buzz words that are used by someone that wants to sell you their course!
It’s this unfortunate association that often leads to people abandoning the idea and they lose any desire to read financial freedom books.
The truth is that when you remove all of the questionable promises made by those seeking to sell you something shiny, financial freedom matters.
Not only does it matter, but it’s also attainable. If it was something irrelevant and out of reach there would be nowhere near the number of financial freedom books to read.
You may be wondering what’s actually meant by financial freedom. If that’s the case, then you’ll be pleased to know that’s what we’re going to cover now briefly before we get to our recommended financial freedom books to read.
Table of Contents
So, what is financial freedom?
The reason that there are so many financial freedom books to read is that financial freedom is something that we all want to achieve. It basically means that finances aren’t an issue anymore. It sees people having their financial affairs in order so that:
- They have adequate savings
- They don’t fear monthly bills
- They have made the most of financial investments
- There is enough cash at hand to enjoy life
- People get to live the life that they want to
When you look at that list, is there really any part of it that any of us wouldn’t want? Of course not, but people don’t become financially free overnight and it certainly doesn’t happen by chance.
By taking a look a look at these books, you’ll be better placed to start your journey and achieve everything that we’ve listed. Let’s dive in and start taking a look at the best ones that you can enjoy.
1. The Almanack of Naval Ravikant - Eric Jorgenson
The Almanack of Naval Ravikant, and its author, is responsible for bringing real change into people’s lives.
It has achieved this by offering teachings related to perspective and knowledge. This is a book that has frequently been referred to as one of the very best financial freedom books to read.
Part of the book’s appeal is that it talks about more than just money. Yes, there is a focus on wealth but there is just as big a focus on happiness too.
The author describes how we have a responsibility to take care of ourselves and only then we will achieve our goals.
2. The Psychology of Money - Morgan Housel
Released in 2020, The Psychology of Money is a relative newcomer. There is a focus here on how people almost repel money because they have such a poor relationship with it.
The author Morgan Housel stresses the importance of giving a frugal lifestyle and being flexible in thinking.Â
With examples that reference the likes of Warren Buffet, this is another of the best financial freedom books to read.
3. Rich Dad’s Cashflow Quadrant - Robert Kiyosaki
You probably recognise the author’s name here as it’s the same person who was behind the best-selling ‘Rich Dad Poor Dad’.
In Rich Dad’s Cashflow Quadrant, the reader is shown that there are people who can work less, yet earn more. The book aims to motivate the reader to achieve the same.
The quadrants explored are employee, business owner, self-employed, and investor.
4. The Richest Man in Babylon - George Samuel Clason
Published way back in 1926, The Richest Man in Babylon is a true classic that still holds an abundance of relevance today.Â
The key takeaways from this book are the seven lessons that it teaches about money.
Then there are three lessons to help the reader to build wealth. It’s through following these lessons that people can truly achieve financial freedom.
5. The 9 Steps to Financial Freedom - Suze Orman
The 9 Steps to Financial Freedom is a book that forces you to focus on your personal finances.
It talks about having the ability to save, invest, and grow your wealth overall.
As a Certified Financial Planner, Orman can tap into her own experience and share examples that have worked in practice, rather than just being theory.
6. The Millionaire Fastlane - M. J. DeMarco
When choosing financial freedom books to read, The Millionaire Fastlane is another well worthy of consideration. Released in 2011, this book shows the reader decent ways of creating wealth.Â
There are simple formulas provided all of which have the goal of helping the reader to retire at an earlier age.Â
The author here believes that hard work pays off and is very much in favour of the traditional approach to studying, getting a job, and earning a good wage.
7. The Wealthy Barber - David Chilton
The Wealthy Barber takes an alternative approach to educating the reader about financial freedom.
Published in 1989, it uses a fictional character, Ray Miller, as a way of communicating.
The reader gets to learn from Miller’s life experiences to see the slow and steady ways that he explored to make it big.
8. Financial Freedom - Grant Sabatier
As far as financial freedom books to read go, Financial Freedom is relatively new, having been published in 2019.
The author gives the reader an insight into his journey and how he went from being worth $2.26 to $1 million. The big takeaway here is the importance of investing regularly and creating new streams of wealth.Â
Grant is also the founder of Millenial Money which was recently sold to the Motley Fool.
9. Money, and the Law of Attraction - Esther Hicks and Jerry Hicks
This has to be ranked amongst the best financial freedom books to read because it has changed countless lives since 2008.
Money and the Law of Attraction helps people to take control of their finances, as well as having the power to make the right life decisions.
The aim is that, with the law of attraction, the reader can be fulfilled in all areas of life.
10. Thinking, Fast and Slow - Daniel Kahneman
The final one of our financial freedom books to read is another classic.
Released in 2011, Thinking Fast and Slow has inspired people to take action.
The author teaches that we need to keep our emotions separate from our money decisions and that we need to work hard to harness the full potential of our brains.
Conclusion
This list of our top 10 financial freedom books have helped me enormously. We’ve gone on the road from £20,000 in debt right through to financial freedom using what we learnt in these books.
And this wouldn’t be a reading list if I didn’t promote our own personal finance book detailing my road from debt to freedom.Â
How to go about investing money which you can grab a copy of below.
Alongside books we also listen to podcasts too and we’ve listed our favourite investing podcasts for you to check out.Â
We hope you enjoyed this post. If you have any other reading suggestions, then please do let us know in the comments below.
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Disclaimer: Content on this page is for informational purposes and does not constitute financial advice. Always do your own research before making a financially related decision.
