- What does this mean for you?
- How to clear financial problems?
- Here are some of the best books to resolve your money problems…….
Consumer debt, underearning, making ends meet, not enough money saved up for retirement or being one paycheque away from financial disaster are some of the financial problems that many people have.
The Money and Pensions Service in the UK shows:
- 39% of adults (20.3 million) don’t feel confident managing their money
- 11.5 million have less than £100 in saving
- Nearly nine million of us are in serious debt, and only around a third receive help.
What does this mean for you?
One way to resolve your money problems (if you have serious debt problems and UK-based contact Citizens Advice Bureau to help you with this) is by reading.
Reading is one of the cheat codes to resolve your money problems whatever they may be. Success leaves clues and one of the wealthiest investors in the world, Warren Buffet, credits reading every day with his investment success.
He states: “ I read and think. So I do more reading and thinking, and make less impulse decisions than most people in business.” You don’t have to be a billionaire investor to take control of your finances either. However, by investing your time reading books this knowledge will compound.
How to clear financial problems?
Reading can give you a new perspective to what is going on in your life. It can open your consciousness to new possibilities, careers or a different way of living.
By educating yourself you may realise that you can take a mini retirement by negotiating with your employer time off. Or that you can retire early, or at retirement age, if you spend your money more consciously.
By reading the possibilities to resolving your problems are endless.
Here are some of the best books to resolve your money problems…….
The best book about money management
Your Money or Your Life, 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Revised and Updated for the 21st Century by Vicki Robin
The best book about side hustles
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime! By
M. J. DeMarco
The best book about money mindset
You Are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero
The best book about entrepreneurship
The best book about creating wealth
The Path to Wealth: Seven Spiritual Steps to Financial Abundance by May McCarthy
The best book about creating a long term mega business
Shoe Dog: A Memoir by the Creator of NIKE Paperback by Phil Knight
The best book about careers
Coach Yourself to a New Career: 7 Steps to Reinventing Your Professional Life, by Talane Miedaner
The best book about investing
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C Bogle
Read more: The black female income and wealth gap