Out of hundreds of business finance books, this set of thirteen can actually prove to be lucky for you.
These books have the potential to be useful for beginners as well as seasoned entrepreneurs in their business’s finances.
Timeless Business Finance Books
Finance was a part of our lives well before the early civilizations could even realize its true importance. In today’s world, many examples can be found which still use the ancient approach to solve modern-day financial problems. The Richest Man in Babylon by George Clason uses ancient parables to teach valuable lessons about money that are still effective today.
Fast forward to the 1930s where the world is in The Great Depression. Napoleon Hill publishes Think and Grow Rich. This book is known as the “grand-daddy of all motivational literature.” While many recent business finance books are considered outdated, this book is still so effective that his work is still credited today.
The Alchemy of Finance by George Soros was written in 1987. It is still actively used by many. Along with useful information, he touches base on his “theory of reflexivity” that is still valid to date.
Classic Business Finance Books
Our list of top business finance books simply cannot be completed without the classic Rich Dad, Poor Dad by Robert Kiyosaki. In this book, the author compares the attitudes of his real dad who works as an employee and his friend’s dad who is a businessman. The contrast is diverse and teaches Kiyosaki valuable lessons about how money works.
Robert Kiyosaki also wrote Rich Dad’s Cash Flow Quadrant. It lays further emphasis on the humongous difference between an employee, self-employed, a business owner, and an investor.
Next on the list is The Intelligent Investor by Benjamin Graham. Also known as the stock market bible among business finance books, this novel will throw light upon 50 years of experience and wisdom of the man who taught Warren Buffet.
How Finance Works by Mihir Desai is the most useful book to understand the working of finance for beginners. With easy-to-understand language and concepts, this book can act as the pedestal to understand other complex books.
As the name suggests, Profit First by Mike Michalowicz motivates you to pay yourself from your business. By breaking the stereotypical approach towards expenses and profit, this book transforms the basic formula of gaining profit.
The next two business finance books on the list are The Millionaire Next Door by Thomas Stanley and Your Money or Your Life by Vicki Robin. They focus on the importance of habits. Habits that make rich people richer and how a person’s life is basically a bi-product of their habits.
I Will Teach You to Be Rich by Ramit Sethinis next on the list. A New York Times and Wall Street Journal bestseller. This book can teach you to manage your assets the right way and gain financial freedom in just six weeks!
Another useful book, A Random Walk Down Wall Street by Burton Malkiel. This book touches base on a variety of advanced concepts like tax-loss harvesting, stocks and bonds, real estate investment trusts, and gold as an asset.
The final book of the list, Common Sense on Mutual Funds by John Bogle, is the perfect blueprint for the stock market. A book that might not be easy to understand for beginners. But, it inhibits the potential to survive in the long run.
To sum up, there are a ton of books out there that can provide valuable financial knowledge. But, these are the best business finance books that cover the most important and effective topics of business.
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