Personal Finance Books for Winter Reading

Not sure what you’re going to do this winter as you’re hibernating the cold weather away?  Five Cent Nickel put together a great list of the top personal finance books according to 12 different financial bloggers. 

My recommendation was The Intelligent Investor by Benjamin Graham, here is what I had to say about it:

I’d recommend this book to anyone wanting to understand fundamental analysis of a business and its stock. I love the distinction that Graham draws between an investor and a speculator; it runs through my head every time I make an investing decision. I’d go with the revised edition of The Intelligent Investor with commentary by Jason Zweig; it really helps apply Graham’s principles to today’s financial markets.

The list includes books on how to get out of debt (No Credit Needed), how to be a millionaire (Generation X Finance), and how to be a passionate entrepreneur (Wise Bread).

Reading a personal finance book won’t do any good unless you take action after soaking in the message or tips but if you can apply what you learn the time you spend reading a good book can be a valuable investment in itself.

I’d also recommend not trying to charge through a bunch of books at once.  Pick one, take the time to go through it and really understand the concepts it’s trying to get across.  That being said, there are ten other great book recommendations that Nickel covers so you have plenty of reading to tide you over for months to come. Enjoy!

Ben Edwards, the founder of Money Smart Life, saved up enough to buy a Nintendo back when he was 12 years old. When he used the money to buy shares of Wal-Mart stock instead, he knew he wasn't like the other kids... His addiction to personal finance has paid off for his family and now he's helping you to afford the life that you want. Check him out on the web at Google Plus, Twitter and Facebook.

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