Are you struggling with student loans? Do you want to start investing but don’t know how? Wealth Building Way’s new article recommends the top money management books to boost financial literacy.
Financial literacy is more important than ever. From high-interest student loans to surging inflation rates, the financial market for millennials is tough to navigate. Dedicated to financial education, Wealth Building Way has created a comprehensive guide on money management books tailored to millennials, offering practical advice on budgeting, savings, debt management, investing, and more.
Boost your financial literacy with the books on this list!
Wealth Building Way seeks to be a reliable source of financial information for millennials, providing a list of tools and resources that will help them gain a key understanding of money management and the overall financial landscape.
According to TIAA’s 2023 Institute-GFLEC Personal Finance Index, the average millennial could only answer 45% of basic financial literacy questions correctly, while 30% of them could only get 25% (or less) of financial literacy questions right. In light of this, Wealth Building Way refers millennials to resources that not only improve their financial literacy, but provide effective financial strategies that are applicable to their daily lives.
Wealth Building Way's guide lists “I Will Teach You to Be Rich” by Ramit Sethi, “Your Money or Your Life” by Vicki Robin and Joe Dominguez, and “The Intelligent Investor” by Benjamin Graham as the ideal starting points for millennials seeking financial education. These three titles offer comprehensive knowledge on the modern financial industry in a way that is digestible and easy to understand.
In addition to a list of book recommendations, the guide offers insights into the fundamental principles of personal finance, psychological elements of managing money, and stories of financial success that could inspire millennials.
Wealth Building Way is an online resource that shares up-to-date information on the current financial landscape, wealth creation, smart investments, strategic retirement planning, and more.
“Empower your financial journey with invaluable resources and insights to build a secure and abundant future,” says a spokesperson for the platform.
Click here for more financial resources catered to millennials.
