Everyone has big dreams, but how many people can truly say that they work towards their dreams? Here are 24 books to read that will turn you into a millionaire.
#1 The Little Book of Common Sense Investing by John C. Bogle
This simple yet brilliant book explains that investing in index funds, mutual funds that track the components of a market index, like the S&P 500 index, results in greater gains than an actively managed mutual fund or individual stock investing.
Bogle provides data and expert support from investing greats like Warren Buffett to back up his thesis.
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Contributor: Nicolas Straut from Fundera
#2 Be Obsessed or Be Average by Grant Cardone
Anyone who has the desire to be a multi-millionaire knows it must be done through entrepreneurship. More often than not, lack of action is the thing standing between a potential millionaire and a millionaire. Grant's book has all the inspiration needed to push an aspiring millionaire to take action.
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- For readers in the USA
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Contributor: Veronica Hanson from Vacay Visionary
#3 The Power of Now by Eckhart Tolle
Although this isn't a book that directly teaches you how to make more money and generate wealth, it teaches an extremely important lesson: to live in the present moment (or the now as Tolle refers to it).
Most people spend a huge chunk of time either regretting the past or fearing the future. This is wasted time and mental energy, and nothing good comes from it. Embracing the present moment and living in the now brings out this amazing clarity that allows you to be so much more productive and focus on whatever is right in front of you.
As an entrepreneur, this translates to making more profitable decisions and getting more $hit done!
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Contributor: David Smethie from Balanced Bridge Funding
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Thank you for including my suggestion.
#4 The War of Art by Steven Pressfield
As per the Contributor: This may be my most highlighted book I have ever read which is funny because it is such a small book and quick read. I love this book because it deals you the realistic blow that to get good at whatever you want to do you have to be willing to do the work when you do not feel like it.
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Contributor: Ray Higdon from Higdon Group
#5 The Intelligent Investor by Benjamin Graham
If you really want to become a millionaire, you need to learn how to GROW your money, not just save it. The Intelligent Investor is a classic investment book, written in 1949.
Warren Buffett described the Intelligent Investor as the best book on investing ever written which is an incredible endorsement from a man known as one of the most respected and knowledgeable investors there is. Benjamin Graham's philosophy of value investing is front and center in the book.
Known as the stock market bible, The Intelligent Investor is a must-read book for anyone interesting in learning how to grow their money and become a millionaire.
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Contributor: Ashli Dawn from Moolah Mogul
#6 The Total Money Makeover By Dave Ramsey
The Total Money Makeover by Dave Ramsey is a great read because it offers a simple, no nonsense approach on how to get out of debt and build a strong financial future. While there are no get rich concepts in the book, you are pretty much guaranteed to be a millionaire if you religiously follow the steps outlined in the book.
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- For readers in the USA
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Contributor: Carl Christian from Atlanta Green Maids
#7 Will Power Doesn’t Work by Benjamin Hardy
This book addresses the power of your mindset. We would like to think that we can just power our way to becoming a millionaire and reaching success, but this book shows you that will power and wanting something bad enough doesn’t work.
It’s your mindset that drives you to achieve your goals, which is important on the road to becoming a millionaire. Learning how to handle set backs and overcome obstacles by being a problem solver is what will lead you to success. This book gives real strategies to help you achieve your goals.
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- For readers in the USA
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Contributor: Ashleigh Allman from Smart Cents Mom
#8 Everyday Millionaires by Chris Hogan
This January, bestselling author Chris Hogan gives readers an in-depth and highly relatable look at the mindset and daily habits of people who've reached net-worths of more than a million dollars and gives practical tools and tips of how anyone can follow in their footsteps.
Chris Hogan Quote: We've all painted pictures in our minds of what millionaires look like: high-profile executives with six-figure salaries, luxury cars, million-dollar homes and designer clothes. But through our research, we've learned that it's almost always just the opposite. It's everyday people you would never suspect. More importantly, what we found is that with a plan, some discipline and intentionality, anyone can reach millionaire status.
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Contributor: Curt Harding from Ramsey Solutions
#9 The Simple Path to Wealth by JL Collins
This book is the absolute must-have book on investing that everyone should have. If you just read this book, you'll become a millionaire.
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Contributor: Kevin Ha from Financial Panther
#10 The Power of Habit: Why We Do What We Do in Life and Business
Millionaires don't all have the same habits—but they're likely to have good ones. Taking care of yourself, exercising, building your business, building your wealth. all of these things can be turned into habits, and this book will help you do that.
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- For readers in the USA
- For readers in the UK
Contributor:Dann Albright,Content Strategy + Marketing Consultant
#11 The Automatic Millionaire by David Bach
It's about execution of small steps that make a huge difference. From his latte factor to automating payments to yourself, this book is about steps average American's can make that will change their lives.
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Contributor: Holly Wolf from SOLO Laboratories
#12 Great CEOs Are Lazy by Jim Schleckser
Most entrepreneurs believe they must pay attention to everything in order to make their business successful. However, as Jim Schleckser outlines in his book, growth-minded CEOs focus on only one thing. Your time should be devoted to alleviating your company's biggest constraint if you want to build a highly profitable company.
Great CEOs Are Lazy outlines how to identify what you should focus on and the importance of putting in place the right people, processes, and tools to accomplish your business goals.
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Contributor: Dave Lane from Inventiv
#13 Think and Grow Rich. by Napoleon Hill
Becoming wealthy has more do with psychology and having the right mindset which is what makes Hill's book timeless is that he looks at the psychological barriers that prevent many of us from becoming millionaires.
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Contributor: Steven Millstein from CreditRepairExpert
#14 Mindset: The New Psychology of Success
Regardless of your path to pursuing greater wealth, you will achieve your 7-figure goals with less frustration if you adopt a growth mindset. This book will also help you better handle misfortunes, struggles, failures, and successfully adapt to change along the way. The numerous sports anecdotes really help solidify the psychological concepts presented throughout the text.
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Contributor: Jake Willhoite from Health Listed
#15 Change Your Life in 7 Days by Paul Mckenna
The exercises in this book gradually lead you to more and more work in ways that can help things get better.
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Contributor: Lloyd Martin from WriterLloyd
#16 Take the Stairs: 7 Steps to Achieving True Success
In this book, the author talks about how self discipline plays a major role in your success and tangible ways to help motivate yourself.
His best quote in that book, Success is never owned, it's rented. And rent is due everyday.
By taking in what Vaden lays out in his book, one can get motivated and do whatever it takes to become a millionaire.
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Contributor: Gene Caballero from GreenPal
#17 Enchantment: The Art of Changing Hearts, Minds and Actions
This is absolutely the best book I’ve read as a marketer. It takes things we take for granted and commoditizes them into actionable metrics. It makes you think big picture when developing a product or even as a salesperson.
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Contributor: Alan LaFrance from Lawnstarter
#18 How to Get Rich by Felix Denis
Although the title is about as cheesy as they come, Felix Denis does an amazing job in this book of letting you peer into the mindset of someone with a net worth of around $900 million. By the way, he considers anyone making $200,000 or below in poverty.
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Contributor: Ray Higdon from Higdon Group
#19 Ready, Fire, Aim by Michael Masterson
This breaks down business into three categories with the first category being before you hit a million dollars in annual revenue. He has VERY practical advice in this book and I highly suggest it especially for people that struggle with perfectionism or getting started.
Want to read more reviews of this book or buy it? Check out the links below:
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Contributor: Ray Higdon from Higdon Group
#20 The Millionaire Next Door by Thomas Stanley and William Danko
You learn that these folks are doing some basic things to accumulate wealth that you may not have considered. Their spending habits were amazing. While they could afford expensive brand names, they rarely chose them.
This shows that average earners can become millionaires by making some basic smart decision on spending and saving.
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Contributor: Holly Wolf from SOLO Laboratories
#21 Mastering the Rockefeller Habits by Verne Harnish
This book is a useful compilation of business best practices adopted from some of the best run companies in the entire world. Included are case studies demonstrating the validity of Harnish's practical approaches.
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Contributor: Doug Warner from Align
#22 Secrets of the Millionaire Mind by T. Harv Eker
This is a great read for any aspiring millionaire. It talks about how your mind can subconsciously set you up for failure or success and our to cultivate it for the better.
It helps you recognize bad patterns and habits that have been ingrained within most since childhood and gives steps on how to break those patterns to create new ones that will progress you toward your goals. It touches on money mindset, types of income, and a bunch more.
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- For readers in the USA
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Contributor: Mark Benjamin from Lasting Trend
#23 Thinking, Fast and Slow by Daniel Kahneman
This book enlightens us by showing how we make irrational decisions when it comes to benefits versus cost. Becoming aware of why we make the decisions we do will help us make more rational, level-headed decisions in the future.
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Contributor: Nate Masterson from Maple Holistics
#24 Rich Dad Poor Dad by Robert T. Kiyosaki
This is a story of the author's father versus the story of his friend’s father. It also introduces the theory that wealth is more about what you’re saving up for than what you have to spend today.
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- For readers in the USA
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Contributor: Nate Masterson from Maple Holistics
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