The Best Books on Budgeting for Your Financial Success
So you need a little help with your personal finances. You’re not the only one. Books on budgeting are a huge market because so many people need help with their day to day spending and savings. The budgeting books on this list are all proven strategies that work for most financial situations and many of the books are bestsellers.
To Read or To Listen?
I am a huge reader. I always have been and always will be. But, when I was getting a master’s degree in literature and composition, I had zero time to read books outside of my course material. That’s when I caved in and bought Audible and AudioBooksNow so that I could listen to books I didn’t have the time to read.
Audible is a game-changer. I have listened to dozens of books that I never would have had the chance to sit down and read. I even replaced listening to music at work with listening to an audiobook.
My love for listening to books is so intense that I purchased a second listening service called AudioBooksNow to listen to books I couldn’t find on Audible.
If you love to read (or if you just need to read about budgeting), consider listening to your book instead. It’s a totally different experience that makes reading fun. Below are my preferences that I’ve been personally using for years.
10 of the Best Budgeting Books Currently on the Market
1. The Total Money Makeover: Classic Edition: A Proven Plan for Financial Fitness — by Dave Ramsey
With over 5 million copies sold (and constantly growing), it’s safe to say that The Total Money Makeover is a real powerhouse in the budgeting world. Dave Ramsey, the brains behind this financial plan, is a household name known for his proven money management tactics including the snowball debt method and the envelope budgeting system.
In this book, he explains in basic terms how to be in total control of your finances, regardless of your financial goals. His game plan is simple, straight-forward, and it has worked for millions of people.
If you want something that flat out WORKS, you can’t go wrong with Ramsey’s methods.
Amazon Ratings: 4.7 of 5 stars with over 13k ratings
Goodreads Ratings: 4.2 of 5 stars with over 70k ratings
Take a peek of the book here: The Total Money Makeover
2. Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By —By Cary Siegel
Aimed at high school and college grads, Why Didn’t They Teach Me This in School provides bite-sized financial tips any young person should actively practice. The book contains 8 lessons that focus on various money management strategies and quick wins.
What makes this book stand out is the simple way it explains difficult concepts. You won’t find hard jargon or a boring finance curriculum here. Instead, breeze through the pages with ease and understanding.
By the time you’re done, you’ll be able to properly manage your money without having to get a degree in finances.
Amazon Ratings: 4.4 of 5 with over 700 ratings
Goodreads Ratings: 3.5 of 5 with over 1k ratings
To preview the book, click here: Why Didn’t They Teach Me This in School
3. How to Stop Living Paycheck to Paycheck: A proven path to money mastery in only 15 minutes a week! — by Avery Breyer
Do you run out of money before getting your paycheck each month? How to Stop Living Paycheck to Paycheck helps you break that vicious cycle by preparing you for a life where you have money in the bank at all times. What makes this book one of the best budgeting books is that it’s aimed at a person who severely struggles with falling into money traps and is always broke.
If that sounds like you, it’s time to build up your savings account, pay off debt, and stop living for each paycheck.
Oh, and the best part about his book is that the budget system prepared for you only takes 15 minutes to learn. Talk about worth it.
Amazon Ratings: 4.7 of 5 with over 1k ratings
Goodreads Ratings: 3.8 of 5 with over 3600 ratings
Listen to an Audible sample here: How to Stop Living Paycheck to Paycheck
4. The Latte Factor: Why You Don’t Have to Be Rich to Live Rich — David Bach
This instant bestseller will open your eyes to the world of personal finances in a way that’s exciting, entertaining, and educational.
Author David Bach creatively tells a story about a woman named Zoey who is downright bad at her finances. One day, she stumbles upon someone who knows the “Three Secrets to Financial Free” which changes her life and her future.
This clever way of presenting valuable financial lessons is what makes The Latte Factor one of the best budgeting books currently on the market. If you really want to ENJOY reading a book on budgeting, I highly recommend that you read (or listen to) this one.
Amazon Ratings: 4.4 of 5 with over 700 ratings
Goodreads Ratings: 3.7 of 5 with over 700 ratings
To peek inside the book, click here: The Latte Factor
5. The Financial Diet: A Total Beginner’s Guide to Getting Good with Money — by Chelsea Fagan
Have you ever asked yourself, “Where do I even start with my money?” If so, then this book is the answer to that question. The Financial Diet is perfect if you just don’t understand money and have made some mistakes along the way.
In the book, author Chelsea Fagan walks you through techniques for smarter money management that rises above the typical advice found on the internet. Instead, Fagan provides information from a range of financial experts to give you a variety of money plans.
It’s pretty much a guarantee that this book will help whip not only your bank account into shape but also your money mindset.
Amazon Ratings: 4.5 of 5 with over 400 ratings
Goodreads Ratings: 3.4 of 5 with 4k ratings
Check out the book here: The Financial Diet
6. Broke Millennial: Stop Scraping By and Get Your Financial Life Together — by Erin Lowry
Millennials, this book is quite literally for you. Written by fellow millennial Erin Lowry, she provides step-by-step instructions on how to go from always being broke to dominating your money.
If you live paycheck-to-paycheck, have a lot of debt, or if you struggle with sticking to a budget, you need to read Broke Millennial.
My favorite part of this book is that it helps you understand your relationship with money so that you can have success after you have finished reading the book.
Amazon Ratings: 4.6 of 5 with over 600 ratings
Goodreads Ratings: 3.9 of 5 with over 2500 ratings
Check out the book here: Broke Millennial
7. You Need a Budget: The Proven System for Breaking the Paycheck-to-Paycheck Cycle, Getting out of Debt, and Living the Life You Want — by Jesse Mecham
You Need a Budget (YNAB) is a straightforward approach to creating a successful budget that WORKS. This method of budgeting money helps you put every dollar to work so that no money is wasted.
What’s great about this book is that it’s a no-nonsense approach to understanding how money works here and now and in the long run.
YNAB is a famous method of budgeting because it has been proven to work time and again for individuals and families. I highly recommend this book if you’re looking for a tried and true budgeting system.
Amazon Ratings: 4.6 of 5 with over 500 ratings
Goodreads Ratings: 4.1 of 5 with over 5k ratings
Listen to an Audible sample here: You Need a Budget
8. You Are a Badass at Making Money: Master the Mindset of Wealth — by Jen Sincero
If I had to be biased and pick my favorite book on personal finances, it’s this one. You Are a Badass at Making Money is a modern approach to changing your mindset and behavior towards your money so that you can have a positive relationship with money.
What’s great about this book is how transparent author Jen Sincero is with her personal rags to riches story and how relatable her financial story is.
At the end of each chapter, Sincero gives activities and prompts to help you work on your financial mindset. These prompts will have you thinking for months to come about how different your financial story could be with a few simple tweaks. This book is also especially helpful if you are an entrepreneur of any sort.
If you read one book on this entire list, read this one.
Amazon Ratings: 4.7 of 5 with over 2500 ratings
Goodreads Ratings: 3.9 of 5 with over 16k ratings
To read this book, click here: You are a Badass at Making Money
9. Secrets of Six-Figure Women: Surprising Strategies to up Your Earnings and Change Your Life – by Barbara Stanny
Ladies! If you’re ready to level up your income and earn six-figures, this book shares the secrets of successful women who make six or more figures a year.
In this book, author Barbara Stanny lists out seven strategies for women to learn about profit motive, audacity, resilience, encouragement, self-awareness, non-attachment, and financial know-how. Each strategy is highly researched and supported by women who earn up to 7 million dollars annually.
What great about Secrets of Six-Figure Women is that it’s one of the best budgeting books solely focused on women’s income without limitations on career choice.
Amazon Ratings: 4.7 of 5 with over 500 ratings
Goodreads Ratings: 4 of 5 with over 2k ratings
To listen to an audible sample, click here: Secrets of Six-Figure Women
10. The One Week Budget: Learn to Create Your Money Management System in 7 Days or Less! — by Tiffany Aliche
Do you like fast results? I know that I do, especially with my money. The One Week Budget helps you get fast results in just 7-days. Obviously, you won’t get rich in one week, but you’ll be on the path to better money management, a higher credit score, and overall money peace.
What’s great about this book is that it comes with PDF worksheets to help you create your budget. Even if you buy the book on Audible, the PDF’s are still provided.
If you’re ready for quick results with your money, you need this book to help you get started.
Amazon Ratings: 4.7 of 5 with over 800 ratings
Goodreads Ratings: 4.2 of 5 with over 300 ratings
Listen to an audible sample here: The One Week Budget
Personal finance books are a huge help for anyone looking to take control of their money. These are 10 of the best budgeting books that are guaranteed to help you in all aspects of your money. Happy budgeting!