Hey, beautiful souls! Laura here, your Witch of Wall Street. Today, I’m beyond excited to take you on a journey through some of the most transformative books I’ve ever read on making money. These aren’t just any books; they’re powerful guides that have shaped my financial path, and they can do the same for you.
Whether you’re just starting to take control of your financial future or looking to deepen your knowledge, these books are your perfect companions. So grab your favorite cup of tea, get comfortable, and let’s dive into the best books on making money!”
Part 1: The Foundational Classics
1) Let’s begin with the classics – books that have laid the groundwork for financial success across generations. The first gem on our list is The Richest Man in Babylon by George S. Clason.
It’s packed with timeless financial wisdom presented through engaging parables. Here are three key takeaways:
- Pay Yourself First: Make saving a priority before spending on anything else.
- Live Below Your Means: True financial success comes from spending less than you earn and avoiding unnecessary debt.
- Invest Wisely: Make your money work for you by investing in what you understand and trust.
What I love most about this book is its simplicity. It breaks down complex financial concepts into easy-to-understand stories that stay with you long after you’ve finished reading.
2) Next up is a book that has become a cornerstone in the world of personal development and finance – Think and Grow Rich by Napoleon Hill. Here are three powerful takeaways I got from reading this:
- The Power of Desire: Success begins with a burning desire to achieve a specific goal.
- Faith and Persistence: Believing in your ability to succeed and persisting through challenges is crucial.
- The Power of the Mastermind: Surrounding yourself with like-minded individuals who support your goals can accelerate your success.
What I love most about this book is how it blends mindset and actionable steps. Hill’s principles aren’t just about making money; they’re about creating a life of purpose and abundance.”
3) Finally, let’s explore Rich Dad Poor Dad by Robert Kiyosaki, a book that has reshaped how many people think about wealth. My biggest takeaways are:
- The Difference Between Assets and Liabilities: True wealth comes from owning assets that generate income not liabilities that only cost you money.
- Financial Education is Key: The more you know about money, the better your financial decisions will be.
- The Importance of Entrepreneurship: Building wealth often involves taking risks and thinking outside the traditional 9-to-5 job.
While the book contains a lot of fluff and could be summarized in about 5 pages, what I do love is its ability to challenge conventional wisdom and encourage you to think differently about money and how it works.
Part 2: Rules and Strategies for Wealth
1) Now, let’s move on to some practical rules and strategies for building wealth, starting with The Little Book of Common Sense Investing by Jack Bogle. The author is the inventor of the index fund so no surprises here what the focus is on.
- Embrace Index Funds: Investing in low-cost index funds is one of the simplest and most effective ways to build wealth over time.
- Stay the Course: Long-term investing is key. Avoid the temptation to time the market or chase after the latest trends.
- Keep Costs Low: High investment fees can erode your returns, so focus on minimizing costs wherever possible.
What I love most about this book is its straightforward, no-nonsense advice that champions the power of simplicity in investing. Bogle’s approach is perfect for anyone looking to build wealth steadily and securely over time.
2) Next up is Money: Master the Game by Tony Robbins. Here’s what you need to know:
- Focus on Financial Freedom: Set clear financial goals and work towards financial independence.
- The Power of Compounding: Start investing early and consistently to harness the magic of compound interest.
- Diversification: Spread your investments across different asset classes to minimize risk.
This book is like a financial bible, especially for those of you in America. I love how Robbins breaks down complex investment strategies into simple, actionable steps anyone can follow.”
3) Another must-read is The Psychology of Money by Morgan Housel. An absolute favourite of mine! Housel highlights:
- The Difference Between Rich and Wealthy: Rich is what you see, wealth is what you don’t see.
- The Importance of Long-Term Thinking: Patience and a long-term perspective are essential for building lasting wealth.
- The Value of Humility: Recognise the role of luck in success and avoid overestimating your ability to predict the future.
What I love most about this book is its focus on the psychological aspects of money, helping you understand the deep-seated beliefs and behaviours that influence your financial decisions.
Part 3: Mindset and Manifestation
1) Now, let’s dive into some books that beautifully blend the power of mindset with wealth creation, starting with The Science of Getting Rich by Wallace D. Wattles. A classic I read many moons ago, this book taught me:
- Think in a Certain Way: Wealth begins with a mindset of abundance and the belief that you deserve success.
- Act on Faith: Take consistent action towards your goals with the faith that you will achieve them.
- Gratitude is Key: Being grateful for what you have attracts more of what you desire.
What I love most about this book is its simple yet profound message that wealth is a result of mindset and action.
2) Next, we have Money and the Law of Attraction by Esther and Jerry Hicks. These two got me started on my witchy journey back when I was 19, and I’ve never stopped since! Here’s what you need to know:
- Alignment with Wealth: To attract money, you must align your thoughts and feelings with abundance.
- The Power of Intent: Clearly set your financial intentions and focus on them daily.
- Energy and Vibration: Your financial reality is a reflection of the energy you emit, so maintain a positive, high vibration.
What I love most about this book is its emphasis on the spiritual aspects of wealth, which align perfectly with the witchy side of my business.
3) Lastly, let’s talk about The Power of Your Subconscious Mind by Joseph Murphy. A really powerful book for those of you ready to reshape your reality.
- Harness Your Subconscious: Tap into the hidden power of your subconscious to bring your financial goals to life.
- Positive Affirmations: Regularly affirming positive beliefs can reprogram your subconscious and attract wealth.
- Visualization: Visualizing your success creates a mental blueprint that your subconscious works to achieve.
I love how this book empowers you to tap into the hidden potential of your mind to manifest financial abundance but in a really practical way with tonnes of inspiring example case studies.
Part 4: Personal and Transformational Reads
1) Before we wrap up, I want to share a book that’s both personal and transformational – Money: A Love Story by Kate Northrup. A totally different approach to money, but the stories we tell are the ones that form our identities and create our lives. So let’s dive in, this book shares how to:
- Heal Your Relationship with Money: Understand and transform your money story to create a healthier financial future.
- Practice Self-Love with Money: Your financial well-being is deeply connected to your self-worth and self-care practices.
- Use Practical Tips with a Heart: Northrup provides practical financial advice intertwined with personal growth insights.
What I love most about this book is how it intertwines the emotional and practical aspects of money, making it a deeply personal and empowering read.”
2) And finally, I’d like to share a special book that’s very close to my heart—The Witch of Wall Street by yours truly! Here’s what you’ll get from this gem:
- Empowerment through Education: Learn how to take control of your financial future with simple, actionable strategies.
- Manifest Your Wealth: Blend financial knowledge with manifestation techniques to create true financial abundance.
- Holistic Wealth-Building: Understand that wealth is not just about money, but about creating a life of freedom, joy, and purpose.
What I love most about this book is, well, everything! I poured my heart and soul into this book to share my journey and the strategies that have helped me create a life of financial freedom. You can order your copy here.
Wrapping Up
“Thank you so much for joining me on this journey through some of the best books on making money. I hope you found this guide helpful and that it inspires you to pick up one of these books and start your own journey to financial freedom. Remember, wealth isn’t just about money; it’s about living a life of abundance, purpose, and joy. Until next time, stay magical and keep manifesting your dreams!”
What are your favorite books on making money? Let’s chat in the comments!
And as always, if you’re ready to take your financial journey to the next level, grab a copy of The Witch of Wall Street. It’s time to create the wealth and life you deserve!