While you are studying in school, you have significant opportunities to learn beyond your classes. As a student, now is the perfect time to soak up financial knowledge.
Ultimately it’s up to you to make wise financial decisions, which is why you should be proactive. You have the opportunity to start saving for your future.
So how about it? Are you willing to add more reading to your plate while you’re in school? We promise reading these college finance books will be worthwhile.
Finance Books That Every Student Must Read
1. How to Master the Art of Selling – Tom Hopkins
To improve and perfect your selling skills, soak up Tom Hopkins’ suggestions in his book.
He states what it takes for people to trust you enough to buy products. And, the author says that for people to believe in you, you must master the art of persuasion.
A few other tips he discusses are:
- How to have a successful first meeting
- How to do well selling on the phone
- How to develop an effective plan to sell things
The author did not base this book on theory. Instead, he offers techniques on how to improve your sales. Thanks to Tom, by the time you’re done reading the book, you’ll be fully capable of making sales.
As a college student, these are excellent skills to learn. And, after graduation, these effective strategies will be all the more powerful.
2. Why Didn’t They Teach Me This in School: 99 Personal Money Management Principles to Live – Cary Siegel
Since this book is ironically about what you may not learn in school, why not get ahead? The author feels that the school system does not adequately teach kids how to manage their money.
Originally his writings were only meant for his children. But, the more research he did, the more he realized something. He discovered that kids in high school, college, and even adults don’t know how to manage their money.
So, he moved forward and wrote a book that offers simple yet useful money management tips. Even if you feel you have a good grasp on how to handle your finances, there are still some tips you can learn. So, besides your classes, this book should be a huge help!
3. The Nature of Investing – Katherine Collins
If you’re interested in learning about investing and the framework, then this book is for you.
Katherine Collins tackles topics such as:
- High-frequency trading
- Securitization products
- The creation of funds.
Having been in the field for over 20 years, the author has a lot of wisdom. She integrates stories from her experience throughout the book to teach and inspire.
To improve the investment process, learn these invaluable skills.
4. Money Rules: The Simple Path to Lifelong Security – Jean Chatzky
Everyone needs an effective money strategy, and this author helps you plan one. Jean Chatzky claims that it’s easy to manage your finances, but people make it far too complicated. You’ll become financially stable if you put in the work and apply the right techniques.
To offer advice, she provides entertaining yet practical information on the matter. A few topics Jean dives into are investing, saving, spending, and increasing your income.
So, if you’re looking for an engaging read that’ll help you improve your finances, check out this book!
5. The Total Money Makeover Classic Edition: A Proven Plan for Financial Fitness – Dave Ramsey
Now, more than ever, it’s essential to start saving for your future. Even if you may be paying for student loans, there are still ways to be financially “fit.” So, it’s time to hit the gym and build some financial muscles! We know just the person to help you make that happen.
Dave Ramsey, a popular radio show host, outlines strategies on how to save enough money. This popular read is the perfect “workout” plan on how to take control of your finances.
He covers budget-busters and how to combat them. And, he also gives step-by-step guidance on how to prevent harmful financial errors.
As a college student, this is excellent news. If you stop making errors now, the more money you’ll have when you retire! So, pick up Dave Ramsey’s book for easy and influential reading about money.
6. Broke Millennial: Stop Scraping By and Get Your Financial Life Together – Erin Lowry
Are you a Millennial? According to the media, Millenials are people who were born in the early 1980s. The ending birth years for them are in the early 2000s.
It’s true that the author wrote her book mainly for Millenials. But, people born in any year can glean knowledge of finances from Erin’s book.
She does a fantastic job of presenting finances in a digestible fashion.
Even if you continuously get slammed with assignments, this book is a must-read. You’ll appreciate the advice in the book on how to make financially savvy decisions.
She’s also an engaging and entertaining author, making it a fun read! Take a break from studying and have a good laugh while out on your campus’ lawn.
And, in case you’re up for even more financial advice, Erin Lawry also has a blog,
7. Your Money or Your Life – Vicki Robin and Joe Dominguez
Budgeting is tricky, and it’s all the more challenging when you’re in college. That’s precisely why you must be smarter than your peers. According to Vicki Robin and Joe Dominguez, it’s necessary to learn what it takes to budget your money.
Here’s a hint: No more expensive dinners! (Okay, maybe once in a while, but not all the time!) The authors argue that if you learn to be frugal, you’ll also be happier.
Read this book, and by the end, you’ll have a firm grasp of what it takes to manage your money.
Managing your finances isn’t always a walk in the park, but with the help of these books, it can be. If you tend to make monetary decisions that aren’t benefiting you — now is the time to correct that. And, if you’re already smart with your money, there’s always more to discover.
While in college, you’re likely learning how to balance school while figuring out a way to make money last. By the time you graduate, you’ll have a solid financial plan in place. And, you’ll have tons of knowledge on finance.