Ever since I took over our family finances in July, I’ve become a voracious reader of personal finance books. And I haven’t spent a dime on books because of this incredible thing called the library.* I started by reading quite a few Dave Ramsey and Larry Burkett books, and now I am branching out to other personal finance, investing, and economics books that pique my interest.
For me, it’s important that these books and the advice within align with God’s Word, which is why I started with Larry and Howard. I also value advice that is easy to understand and simple to execute, which is why I like Dave’s books. (Can anyone say baby steps?)
I’m not going to review every book I’ve read since July — honestly, they’ve started to run together in my mind. But here is the list of books that I’ve read so far (and can recommend**) with a few comments on each:
- Your Money Counts by Howard Dayton. A great resource for re-aligning your financial principles with God’s Word.
- Debt-Free Living by Larry Burkett. Advice for getting and staying out of debt. I read the 1999 edition, but there is a 2010 version that has been updated.
- Money Matters by Larry Burkett. Another book that highlights money according to the Bible.
- Investing for the Future by Larry Burkett. The economic setting is a bit out of date, but the general advice for investing according to biblical principles is sound.
- Dave Ramsey’s Complete Guide to Money by Dave Ramsey. The book for Financial Peace University. Lots of good advice for money, estate planning, insurance, and more.
- The Money Answer Book by Dave Ramsey. A short question-and-answer book that briefly addresses specific financial situations.
- The Total Money Makeover by Dave Ramsey. Dave’s Baby Steps from Financial Peace University in a detailed book. Definitely one that I would purchase if I found it at a used book store.
If you’re wanting to jump on the train of financial responsibility, I’d start with Your Money Counts by Howard Dayton and follow-up with Dave Ramsey’s Complete Guide to Money. Those two will help change your thinking about money + give you tangible action steps to take.
Have you read any of these books? Which ones are your favorite?
* The library is a great tool when you’re battening down the hatches on your budget. No need to spend money on books, movies, or music; you can get them from your public library!
** There was one book I
read skimmed by someone who we all know from Oprah that was utter crap.