In this article, we will discuss the best home economics book that will help to understand the best ways to manage your personal finances.
Home Economics Book: The Richest Man In Babylon
This book is written by George S. Clason. It talks about gathering wealth and have motivated many investors belonging to the 1920s. Like many other books, this one also discussed savings instead of spending. The book also emphasizes on charity. It states that charity is important as far as people don’t become dependent on charitable offerings.
Home Economics Book: Rich Dad, Poor Dad
This book is written by Robert Kiyosaki. In this book, the author states a school drop-out (spending less than he actually earns)to be more intelligent and smarter than a professor whose expenses never ends. He also stated that the right way to invest money and time is to purchase a property or a business. Another best option could be to write a book and try to sell it just like himself.
Home Economics Book: The Millionaire Fast Lane
The author of this book is MJ DeMarco. According to him, working very hard to save some money and then retire at the age of 65 is way too mainstream. What he feels is a better option is to make use of the changing nature of the financial markets and become rich and enjoy that money at the present time.
The Science of Getting Rich
This book is written by Wallace Wattle in the year 1910. This book depicted the intellectual structure for so many seminars related to gaining personal wealth. According to him, a person’s capacity to acquire wealth totally depends on his attitude towards wealth. if someone believes in the concept of money being the main cause of evil things, then that person will not be able to earn a lot of money and become wealthy.
The Millionaire Next Door
This is a multi-author book written by Thomas J. Stanley and William D. Danko. These two authors have stated in their book that most of the people are Under Accumulators of Wealth. This means that people having low net wealth as compared to the amount of money they actually earn. They also give tips and techniques to elevate their net worth as compared to their earnings.
Think and Grow Rich
This traces back to the 1930s. It is written by Napoleon Hill. The book is all about the interviews that he took on a number of millionaires and philanthropists who shared their thoughts on their journey of success. Andrew Carnegie was one of his interviewed guests to mention. It was the best selling piece that focused on self-development and growth. The book also stated that the”greed is good” concept is actually a great one provided one is ready to share their money and wealth.