Many books are available on financial freedom, but only a few are written so meticulously that can lead you to become rich.
3 Best Book to Become Rich: You may wonder how the rich are becoming richer day by day. What are the reasons behind their wealth? If you are also inquisitive to know the secrets then in this article we are going to know about the top 3 best books on finance that can make you rich.
Title |
3 Best Books to Beocme Rich |
Category |
Money & Finance |
Warren Buffett |
Click here |
Website |
Click Here |
You must know that financial success often begins with viable and futuristic knowledge. Books play a crucial role in attaining phenomenal wisdom about finance.
![]() |
Three Books Can Make You Millionaire |
So, if you want to generate wealth, improve your financial knowledge, and develop a money generating mindset then start reading books from today. But, for this purpose choosing the right books on money can help you exponentially.
You are going to know about the 3 best books on money that are the experiences of successful people. Apply the concepts mentioned in the books and see the improvements in yourself that can lead to financial freedom.
1. Rich Dad Poor Dad by Robert Kiyosaki
Attribute |
Details |
Author |
Robert Kiyosaki |
Pages |
336 pages |
Genre |
Personal Finance, Self-Help |
Key Lessons |
1. The rich don’t work for money; they make money work for them. 2. Assets vs. Liabilities – Focus on acquiring assets. 3. Importance of financial education. 4. Mindset shift from being an employee to an investor/business owner. |
First Published |
1997 |
Best For |
Beginners looking to understand financial independence and wealth mindset. |
Buy Link |
Amazon - Rich Dad Poor Dad |
Robert Kiyosaki, who authored Rich Dad Poor Dad, is one of the best selling books on personal finance. In his book, Kiyosaki described the financial philosophies of two fathers in his life. He compared the financial philosophies of two fathers, the biological father (Poor Dad) and his best friend’s father (Risc Dad).
"The single most powerful asset we all have is our mind. If it is trained well, it can create enormous wealth." – Robert Kiyosaki
Rich Dad Poor Dad Key Lessons
- Assets vs. Liabilities: Kiyosaki says the rich people acquire assets and reinvest those assets while on the other hand the poor and middle class people accumulate liabilities that they consider as assets.
- Financial Education is Indispensable: Schools don't teach financial literacy, so, it totally depends on you to educate yourself regarding the secrets of financial success.
- Work For Yourself. Mind your own business, instead of your employer’s. So, just prefer to learn and improve your skills simultaneously with your job. Learn how you can Make the money work for you.
Difference Between Rich Dad and Poor Dad
Feature |
Rich Dad's Advice |
Poor Dad's Advice |
Job vs. Investment |
Focus on building assets |
Work for a steady paycheck |
Financial Education |
Learn how money works |
Get good grades and a stable job |
Risk-Taking |
Embrace smart risks |
Avoid risks completely |
Wealth Mindset |
Create multiple income streams |
Depend on a single income |
So, if you want to become rich, achieve financial freedom through understanding the money, smart investments, and focusing on gaining assets as compared to liabilities.
2. The Millionaire Next Door by Thomas J. Stanley and William D. Danko
Attribute |
Details |
Authors |
Thomas J. Stanley & William D. Danko |
Pages |
272 pages |
Genre |
Personal Finance, Wealth Building |
Key Lessons |
1. Most millionaires are frugal and live below their means. 2. Income alone does not create wealth—smart saving and investing do. 3. Financial independence is more important than social status. 4. Avoid lifestyle inflation to build long-term wealth. |
First Published |
1996 |
Best For |
Those who want to learn real habits of self-made millionaires. |
Buy Link |
Amazon - The Millionaire Next Door |
The Millionaire next door book is outrightly based on research into the habits of the millionaires across the world. This book also breaks the obsolete myth that most wealthy people inherit their wealth or live lavishly.
Instead, The Millionaire Next Door reveals that the genuine millionaires and rich people are often frugal and disciplined regarding their money or wealth.
"Whatever your income, always live below your means." – Thomas J. Stanley
The Millionaire Next Door: Key Lessons
- Frugality Leads to Generate Wealth: Most of the millionaires live their life below their means and always avoid extravagant expenses.
- Invest in Financial Knowledge: Instead of spending on lavish life, the rich make sure to invest in value appreciating assets like stocks, bonds, businesses, and real estate.
- Financial Freedom: Millionaires or rich people prioritize financial freedom contrary to showcasing their social status in the society.
Habits of the Millionaire Next Door Vs. Average People
Habit |
Millionaire Next Door |
Average People |
Spending |
Lives below means |
Spends beyond means |
Investing |
Focuses on assets |
Focuses on liabilities |
Job Stability |
Owns businesses/invests |
Works for a paycheck |
Financial Planning |
Long-term planning |
Short-term satisfaction |
So, from the above we can easily assume that wealth is not just about how much you earn but how you manage, invest, and meticulously save money over time.
3. The Psychology of Money by Morgan Housel
Attribute |
Details |
Author |
Morgan Housel |
Pages |
256 pages |
Genre |
Personal Finance, Behavioral Economics |
Key Lessons |
1. Wealth is built by behavior, not just knowledge. 2. Compounding is the most powerful force in investing. 3. Money management is more about psychology than numbers. 4. Avoid greed and fear in financial decision-making. |
First Published |
2020 |
Best For |
Those interested in understanding the behavioral side of money and investing. |
Buy Link |
Amazon - The Psychology of Money |
"Compound interest is the eighth wonder of the world. He who understands it, earns it... he who doesn’t, pays it." — Albert Einstein
The power of compounding is described in The Psychology of Money Book very well. Morgan Housel explores the physiological and emotional aspects of money. He emphasizes how financial success is more about behaviour than financial knowledge.
The Psychology Of Money: Key Lessons
- The Power of Compounding: If you invest small money consistently then over time it can result in a humongous amount.
- Keep Away From Emotional Decision-Making: Decisions based on fear and greed are very dangerous.
- Be Patience While Investing: The successful investors think long term. So be patient rather than chasing them quickly to gain profits.
"Doing well with money has little to do with how smart you are and a lot to do with how you behave." – Morgan Housel
The Psychology of Money: Good vs. Bad Money Mindset
Factor |
Good Money Mindset |
Bad Money Mindset |
Investing Approach |
Long-term compounding |
Short-term speculation |
Emotional Control |
Stays calm during downturns |
Reacts emotionally to losses |
Spending Habits |
Saves and invests wisely |
Spends impulsively |
Top 3 Books to Achieve Financial Freedom
Generating wealth is not about intelligence but how meticulously you maintain patience, discipline, and smart financial habits.
3 Best Books to get financial Freedom: Conclusion
From the above three mentioned books, applying the lessons and strategies in practical life can lead you to achieve financial freedom. The knowledge that you will get from reading these books is futuristic and will transform your financial future.
Robert Kiyosaki’s Rich Dad Poor Dad teaches you the importance of assets in your life.
The Millionaire Next Door explains about frugality and investing prudently.
Morgan Housel's The Psychology of Money explains the important role of habits in wealth building.
By assimilating the principles described in these 3 books can help you a lot to achieve financial freedom. So, work hard and apply the concepts gingerly.
COMMENTS