I could not have done my journey to Financial Independence without the many books that helped me on the way.
Below is a clickable affiliate link list I am keeping updated with my top reading recommendations.
Basics of FI:
- Rich Dad Poor Dad by Robert Kyosaki. An absolute must-read which got me hooked on FI. Shows you how to think like an entrepreneur instead of an employee.
- Set For Life by Scott Trench. Great book from the CEO of Biggerpockets. About living the true American dream.
- Your Money Or Your Life by Vicki Robin. About finding the balance between work and what truly matters.
- The 4-Hour Workweek by Tim Ferris. Showed me that there is a better way than the 40+ hour workweek most of us are living.
Real Estate Investing:
- The Book on Rental Property Investing by Brandon Turner. A comprehensive guide covering everything you need to know to build a profitable rental property portfolio. First book on real estate investing I ever read.
- Buy, Rehab, Rent, Refinance, Repeat (BRRRR) by David Greene. Explains the BRRRR investing strategy which helped me scale exponentially and achieve infinite ROIs in a few of my investments.
- Long-Distance Real Estate Investing by David Greene. How to invest in out-of-state properties effectively and profitably. If your market is not suitable, but a good lesson in business either way.
- The Book on Managing Rental Properties by Brandon Turner. Read this before you launch your first rental. In hindsight whenever I made a mistake with tenants, I did NOT follow the rules in there.
Mindset:
- How to Win Friends and Influence People by Dale Carnegie. A timeless classic on improving personal and professional relationships.
- Think and Grow Rich by Napoleon Hill. Explores the psychological power of thought and the brain in the process of furthering your career for both monetary and personal satisfaction.
- Mindset: The New Psychology of Success by Carol S. Dweck. Illustrates how a growth mindset (as opposed to a fixed mindset) can lead to success in virtually every aspect of life.
- Atomic Habits by James Clear. A guide to building good habits and breaking bad ones, offering life-changing insights. I just wish I followed what is in that book…
Leadership and Entrepreneurship:
- Extreme Ownership: How U.S. Navy SEALs Lead and Win by Jocko Willink and Leif Babin. Leadership principles from battlefield experiences that apply to leading any team to success.
- The 21 Irrefutable Laws of Leadership by John C. Maxwell. A powerful, definitive statement of the timeless laws you simply must follow if you want to be a great leader.
- Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. by Brené Brown. Explores how to cultivate awesome leadership.
- Good to Great: Why Some Companies Make the Leap…And Others Don’t by Jim Collins. The title speaks for itself – good read for entrepreneurs.
- Never Split the Difference by Chris Voss. Excellent book on negotiating. Saved me $5000 on a wholesale deal I bought right after I read it.
Personal Finance and Wealth Management:
- The Millionaire Next Door by Thomas J. Stanley and William D. Danko. Debunks the myths about wealth in America and shows how you can build financial independence.
- The Simple Path to Wealth by JL Collins. A guide for those of you seeking a straightforward and effective approach to investing and financial independence (think index funds).
- The Total Money Makeover by Dave Ramsey. If you struggle with high expenses and debt – this is the book you need to get you back on track.
Enjoy the books, and I hope they help you as much as they helped me.
Happy reading,
-Daniel