5 personal finance books to read in 2022

I wrote a very similar article in 2020 with a list of five books I thought everyone should read. I stand by every book I’ve chosen for this list, but with so many new personal finance books coming out every week—and a tendency to discover some books just a few years after they’ve been released—I thought it was time to add some of my latest favourites. All of the books I recommend are on my shelf, and I was so excited about them that I brought the authors to my podcast to talk about them.

1. Stacked: Your Super Serious Guide to Modern Money Management

By Jo Sol-Sehee and Emily Jay Birkin

No matter how hard we try not to do that and how many resources we publish on finance topics, we still leave people behind. This book attempts to change that. Coming from podcast legend Jo Sol Sehe of Stacking Benjamins and bestselling author Emily Jay Birkin, this book is an automatic winner. I had the pleasure of talking to Joe about this book in my podcast, which I hope you’ll review.

The reason I recommend this book is because it does something that very few other books have done: it makes finance funny and friendly. Without a formal education in personal finance offered by schools, we are on our own to learn more about money and it can be daunting. Books like STACKED take the stress out of it and make it something you can dip your toe into before diving in first.

My favorite part (and since it was first published, I take credit for being an inspiration) is that in the same way that I finish each chapter of my book, Don’t retire..graduate!with additional credit assigned, this book ends each chapter with a checklist of achievements that you can cross off to earn your merit badge.

Get the book here.

2. Save your retirement! (of mass destruction at the hands of the seven retired villains)

Written by Patrick Strobe

This is probably the most unique personal finance book I have ever come across. It’s X-Men meets money in the best way. I was able to talk to Patrick Strobe about his book as well, one of my favorite podcast episodes so far.

I recommend this book because it requires seven very important but often misunderstood or overlooked financial concepts and illustrated (literally) as comic book villains looking to thwart your financial plan. It’s fun, different, and shares a lot of the same ideologies (although that’s not why I’d recommend it). This is a great book for adults on their financial journey who want to protect their retirement.

Get the book here.

3. Simple Wealth: The Practical Guide to Transforming Your Relationship with Money and Living in Abundance

By Holly Morpheus

I often speak of “financial advisor” as a title anyone can give themselves. This is why I stress the importance of the fiduciary standard and why my team has decided to require all of our advisors to be certified practitioners of financial planning and to adhere to the strict code of ethics that accompanies the appointment.

The same can be said for financial coaches.

I recommend Holly’s book for several reasons. First, because she has taken the extra step of becoming a Certified Financial Advisor®, and thus I know she is bound by a code of ethics similar to my standard.

Second, I know her story and know that authenticity is a value she holds close to her heart. This book is authentic in every sense of the word. She talks about her own struggles with money (some of which she shared with me on her podcast), how she buried herself and then extricated herself from huge credit card debt, and she also talks about something I talk about a lot about myself: things that are more important than money. Her book explores mindsets, core values, gratitude, and giving, not just saving money and paying down debt.

Get the book here.

4. Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence (and How to Get Started!)

Written by Rachel Richards

Rachel Richards is one of the most special human beings I have met in a long time. Without a trust or a six-figure salary, she was able to retire very comfortably at age 27. She retired in the new and improved definition of the word because she is financially independent but still productive, active and helps others replicate her success.

I would recommend this book to anyone who wants to create a passive income stream but isn’t sure where to start. Rachel identifies multiple ways you can create your own passive income streams that may be easier and less difficult than you thought.

She was a great podcast guest and gave me some advice on replicating her success as a bestselling author.

Get the book here.

5. Don’t Retire… Graduate!: Building a Path to Financial Freedom and Retirement at Any Age

Written by Eric Brautman

You know me well enough now that you’d expect me to press my own book here. But I don’t do it for the reasons you might expect. I have no intention of retiring due to book sales royalties. In fact, if I earned enough royalties to cover the cost of publishing the book, I would be more than just content.

I’m including my book because I really believe it’s one of the most powerful tools on the market. Especially for readers in their twenties who are just getting started, this book can guide you through all the steps I might take with a client during a lifelong counseling relationship.

It contains steps and worksheets for getting out of debt, creating a budget, calculating your net worth, making sure you’re properly insured, creating a living will, organizing your portfolio, and everything you need to do to be on the right track for retirement. It may seem counterintuitive to post this because for $16 you can do yourself what our consultants pay our clients. But I know that not everyone is in a position to hire a financial advisor and wants the necessary tools to be available to these individuals.

So, I hope you’ll forgive the self-promotion and review my book as well.

Get the book here.

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