The Ultimate 2019 Money Book Gift Guide for the Holidays
November 28, 2019
The holidays are just around the corner, and it’s time to start thinking about the perfect gifts for your loved ones. If you have a friend or family member who is interested in personal finance and money management, a money book is the perfect gift. With so many books on the market, it can be difficult to decide which one to choose. That’s why we’ve created the ultimate 2019 money book gift guide to help you make an informed decision.
From classic personal finance books to new releases, this guide has everything you need to find the perfect gift for the money-savvy person in your life. Get ready to spread holiday cheer and financial wellness with these amazing book recommendations!
1. Introduction to the gift guide
The holiday season is the perfect time to show your loved ones how much you care about them. Choosing the right gift can be challenging, especially if you want to give something meaningful and useful. That’s where our Ultimate 2019 Money Book Gift Guide comes in.
I have carefully selected a range of books that will make the perfect gift for anyone who wants to improve their financial knowledge, take control of their finances, or simply learn more about money management. From personal finance to investing, retirement planning to entrepreneurship, this guide has something for everyone.
Whether you’re looking for a gift for your spouse, parent, child, or friend, you’ll find plenty of inspiration and ideas here. So, sit back, relax, and let our guide help you find the perfect gift for your loved ones this holiday season.
2. Top 10 personal finance books of 2019
Personal finance is an integral aspect of our lives, and reading books on the subject can help us understand its complexities better and make informed decisions. If you’re looking for a gift to give your loved ones this holiday season, a personal finance book is a thoughtful and practical choice. Here are the top 10 personal finance books of 2019:
1. “The Simple Path to Wealth” by JL Collins – A comprehensive guide to investing for people who want to take control of their financial future.
2. “Broke Millennial Takes On Investing” by Erin Lowry – A beginner’s guide to investing that breaks down complicated financial concepts into easy-to-understand terms.
3. “The Latte Factor” by David Bach – A parable-style book that teaches readers how small changes in spending habits can lead to big financial gains over time.
4. “The Psychology of Money” by Morgan Housel – A thought-provoking book that explores the psychological factors that influence our financial decisions and behaviors.
5. “Retirement Planning 101” by Michele Cagan – A practical guide to retirement planning that covers everything from budgeting to investing.
6. “You Need a Budget” by Jesse Mecham – A step-by-step guide to creating and sticking to a budget that works for your lifestyle.
7. “The Millionaire Next Door” by Thomas J. Stanley and William D. Danko – A classic book that explores the habits and characteristics of millionaires in America.
8. “The Automatic Millionaire” by David Bach – A book that teaches readers how to achieve financial freedom by automating their savings and investment strategies.
9. “Debt-Free Degree” by Anthony ONeal – A guide for parents and students on how to pay for college without accumulating debt.
10. “I Will Teach You to Be Rich” by Ramit Sethi – A comprehensive guide to personal finance that covers everything from saving and budgeting to investing and earning more money.
These books offer valuable insights and advice on personal finance, making them great gifts for anyone looking to improve their financial literacy.
3. The best books for beginners in personal finance
Personal finance can seem like a daunting and complicated topic, but getting a good grasp of the basics early on can have a huge impact on your financial success in the long run. That’s why books that focus on personal finance for beginners can be a great gift idea for the holidays.
One such book is “The Total Money Makeover” by Dave Ramsey. This book provides a step-by-step guide to getting out of debt and building wealth through practical tips and actionable advice. It’s a great starting point for those who are just beginning to take control of their finances.
Another great option is “Your Money or Your Life” by Vicki Robin and Joe Dominguez. This book focuses on the relationship between money and happiness, and provides a framework for readers to reshape their financial habits and priorities in order to achieve their goals.
For those who prefer a more visual approach, “The Infographic Guide to Personal Finance” by Michele Cagan and Elisabeth Lariviere breaks down complex financial concepts into easy-to-digest infographics that are both informative and entertaining.
No matter which book you choose, gifting a beginner’s guide to personal finance can be a valuable investment in someone’s financial future.
4. Advanced personal finance books for experts
For those who are already well-versed in personal finance, there are several advanced books that can provide even more insights and strategies to help manage and grow their wealth. One such book is “The Millionaire Fastlane” by MJ DeMarco. This book challenges traditional financial advice and provides a new perspective on how to achieve financial success.
Another great book for experts is “The Psychology of Money” by Morgan Housel. This book explores the complex relationship between money and human behavior, providing readers with valuable insights into how to make better financial decisions.
If you’re interested in investing, “The Intelligent Investor” by Benjamin Graham is a must-read. This classic book provides a comprehensive guide to value investing, a strategy used by many of the world’s most successful investors.
Finally, “Your Money or Your Life” by Vicki Robin and Joe Dominguez is a timeless classic that has helped millions of people achieve financial independence. This book provides a step-by-step guide to transforming your relationship with money, helping you to live a more fulfilling and financially secure life.
These advanced personal finance books are perfect gifts for those who are already financially savvy and looking to take their knowledge to the next level. They offer valuable insights and strategies that can help readers achieve even greater financial success.
5. Budgeting and saving money books
Budgeting and saving money books are a great gift for anyone who is looking to get their finances under control. These books provide practical tips and strategies for managing money, creating a budget, saving for the future, and becoming financially independent.
One excellent book to consider is “The Total Money Makeover” by Dave Ramsey. This book provides a step-by-step guide to getting out of debt and creating a solid financial plan for the future. Ramsey’s no-nonsense approach is perfect for anyone who is serious about taking control of their finances.
Another great option is “Your Money or Your Life” by Vicki Robin and Joe Dominguez. This classic book focuses on the relationship between money and time, and provides strategies for reducing expenses and increasing income. It also encourages readers to think about their values and priorities, and to align their finances with their goals.
For those who are just starting out on their financial journey, “The Simple Path to Wealth” by JL Collins is a must-read. This book provides a simple, straightforward approach to investing and building wealth, and is perfect for anyone who is intimidated by the world of finance.
No matter which book you choose, a budgeting and saving money book is a thoughtful and practical gift that will help your loved ones improve their financial situation and achieve their goals.
6. The best books on investing in stocks and bonds
Investing in stocks and bonds can be intimidating, but it doesn’t have to be. The right knowledge and guidance can help you make informed decisions and grow your wealth. That’s why we’ve compiled a list of the best books on investing in stocks and bonds for you to gift to your loved ones this holiday season.
One great book is “The Intelligent Investor” by Benjamin Graham. This book has been hailed as the bible of investing and provides timeless advice for both novice and experienced investors. It teaches readers how to analyze stocks and bonds and make informed investment decisions.
Another great option is “A Random Walk Down Wall Street” by Burton Malkiel. This book is a classic and has been revised and updated regularly to reflect changes in the market. It offers insight into the world of investing and teaches readers how to build a diversified portfolio.
For those interested in bonds specifically, “The Bond Book” by Annette Thau is a must-read. This book covers everything from the basics of bonds to more advanced topics like bond swaps and derivatives. It also provides guidance on how to select the best bonds for your portfolio.
Overall, investing in stocks and bonds can be a great way to grow your wealth, but it’s important to be informed and make smart decisions. Gifting one of these books to your loved ones can help them do just that.
7. Real estate investing books
If you are looking to give a gift to someone interested in real estate investing, then a real estate investing book is a perfect choice. These books are packed with valuable insights and strategies for anyone looking to get into real estate investing or improve their skills in the field.
One of the books that should be on top of your list is “The Book on Rental Property Investing” by Brandon Turner. This book is a comprehensive guide to rental property investing and covers everything you need to know from finding the right property to financing, managing, and growing your portfolio.
Another great book to consider is “The Millionaire Real Estate Investor” by Gary Keller. This book is perfect for both beginners and experienced investors, and it provides a step-by-step guide to building a successful real estate investment business.
If you’re looking for a more specific topic within real estate investing, there are also books that focus on niche areas like “The ABCs of Real Estate Investing” by Ken McElroy which focuses on multifamily properties or “The Book on Flipping Houses” by J Scott which is a great resource for anyone looking to flip properties for profit.
Overall, giving the gift of a real estate investing book is not only thoughtful but also provides valuable insights and strategies for anyone looking to improve their real estate investing skills.
8. Retirement planning and saving books
Retirement planning and saving books are a great gift for those who want to secure their future and have a comfortable retirement. With so many books on the market, it can be challenging to choose the best ones. That’s why we have put together a list of the top retirement planning and saving books that make great gifts for the holidays.
The first book on our list is “The Simple Path to Wealth” by JL Collins. This book is praised for its simplicity and practical advice. It focuses on the importance of investing in low-cost index funds and avoiding debt. This book is perfect for those who are new to investing and want to learn the basics.
Another great book is “How to Retire Rich” by Donna Skeels Cygan. This book provides a comprehensive guide to retirement planning and saving, covering everything from budgeting and investing to Social Security and Medicare. It’s an excellent gift for those who are approaching retirement age and want to ensure they are financially prepared.
For those who want a more in-depth guide to retirement planning, “Retire Secure” by James Lange is an excellent choice. This book covers everything from tax planning to estate planning, making it a great resource for those who want to maximize their retirement savings.
Lastly, “The Bogleheads’ Guide to Retirement Planning” by Taylor Larimore, Mel Lindauer, and Richard A. Ferri is a great choice for those who want a comprehensive guide to retirement planning. This book covers everything from investing to asset allocation and is written by experts in the field.
Overall, retirement planning and saving books make great gifts for the holidays. With this list, you can be sure to find a book that suits the needs of your loved ones and helps them achieve their financial goals.
9. Entrepreneurship and business finance books
Are you shopping for an entrepreneur or business owner this holiday season? Consider giving them the gift of knowledge with a great entrepreneurship or business finance book. There are many great options out there that can provide valuable insights, tips, and strategies for growing a business and managing finances. Here are a few top picks:
1. “The Lean Startup” by Eric Ries – This book is a must-read for any entrepreneur looking to build a successful business. It offers practical advice and strategies for launching a startup in a lean and efficient way.
2. “Rich Dad Poor Dad” by Robert Kiyosaki – This classic book is a great choice for anyone looking to improve their financial literacy and build wealth. It offers insights into the mindset and strategies of successful entrepreneurs and investors.
3. “The 7 Habits of Highly Effective People” by Stephen Covey – While not specifically a business finance book, this classic is a must-read for any entrepreneur or business owner. It offers practical advice for improving productivity, communication, and leadership skills.
4. “Profit First” by Mike Michalowicz – This book offers a unique approach to managing business finances, focusing on putting profit first and using a system of small, frequent transfers to ensure financial stability and growth.
5. “The E-Myth Revisited” by Michael Gerber – This book offers insights into the common pitfalls that many entrepreneurs face and provides practical advice for building a successful business that can run without its owner.
No matter which book you choose, the gift of knowledge is always a great choice for any entrepreneur or business owner looking to grow and succeed in the coming year.
10. Gift ideas for children and teens to learn about money
When it comes to gift ideas for children and teens to learn about money, there are a lot of options out there that can be both fun and educational. One great option is a board game that focuses on money management skills, such as Monopoly or The Game of Life. These classic games teach kids about budgeting, saving, and investing in a fun and engaging way.
Another option is to give a children’s book about money, such as “The Berenstain Bears’ Trouble with Money” or “Alexander, Who Used to Be Rich Last Sunday”. These books use relatable characters and stories to help children understand the importance of saving and spending wisely.
For teens, consider a book about personal finance, such as “The Teen’s Guide to Personal Finance” or “Get a Financial Life: Personal Finance in Your Twenties and Thirties”. These books provide practical advice on topics such as budgeting, credit cards, and investing that are relevant to young adults just starting out on their financial journey.
Lastly, consider a gift card to a store that provides financial education for kids and teens, such as Dave Ramsey’s Financial Peace Junior program. This type of gift not only provides an opportunity for education, but also allows the recipient to choose what they want to learn about and when they want to learn it. With these gift ideas, you can help children and teens develop important money skills that will benefit them throughout their lives.
11. Tips for getting the most out of your personal finance books
Personal finance books can be a great investment in your financial future. However, simply reading the book is not enough to make a positive impact. Here are a few tips to help you get the most out of your personal finance books:
1. Take notes: While reading, take notes on the key points and strategies that the book suggests. This way you can refer back to them later.
2. Create an action plan: Once you’ve finished reading, create an action plan for implementing the strategies and tips outlined in the book. This could include setting financial goals, creating a budget, or starting an investment portfolio.
3. Track your progress: Keep track of your progress towards your financial goals. This will help you stay motivated and on track.
4. Revisit the book: Revisit the book periodically, especially if you’re struggling to stay on track. A refresher can help you get back on the right path.
By implementing these tips, you can get the most out of your personal finance book investment and make a positive impact on your financial future.