Today’s woman faces a myriad of challenges like never before. Unfortunately, a majority of these issues are caused by financial inadequacy. Most women are stuck in dead-end jobs, bad relationships, harmful habits, poverty, unpaid care, and other socio-economic crisis that undermine their worth because they do not have the financial wherewithal to leap out.
While we must constantly work towards changing this ugly narrative through advocacy, funding and policy programs, women also have a bulk of work to do on themselves.
By work, I mean developing ourselves intellectually. Wealth and not just in monetary form begins with an idea, and books are a great way to acquire these ideas, skills and power to nurture a mindset shift. Success starts with the right mindset, and knowledge is pivotal to achieving this. There is absolutely no other way.
In this article, I have compiled 10 financial books every woman should read in 2021. Some of these books are also authored by men, and they offer great insights into living a financially abundant life.
In no particular order, here they are:
Get Good with Money: 10 Simple Steps to Becoming Financially Whole’ by Tiffany Aliche
Tiffany Aliche, known as “The Budgetnista,” presents a 10-step approach to dealing with your personal finances. “Get Good with Money” is a conversational guide that breaks down each step, starting with determining your budget, saving, automating bills and investments. If you are looking to find safety, peace and wisdom with your finances irrespective of the size of your financial goals, then Get Good with Money is a must-read.
The A-Z of Personal Finance by Nimi Akinkugbe.
The money guru, Nimi, covers essential topics in finance and breaks them down into digestible and comprehensive nuggets.No matter your level of financial literacy, this book is sure to make a lasting impression on you.
Rich Dad, Poor Dad by Robert Kiyosaki, coauthored by Sharon Lechter.
Written in 1997, this all-time, financial bestseller tells Robert’s story of growing up with two dads-his biological father who had a poor mindset towards money and his best friends father who had a rich mindset and attitude towards money and how both men shaped his thoughts about personal finance. In addition, this book explains cash flow, assets, liabilities, and how money works versus working for money in simple terms.
The 21 Day of Financial Fast. Your Path to Financial Peace and Freedom by Michelle Singletary.
In this 2010 bestseller, Michelle advises us to apply the concepts of discipline and self-denial in fasting to our finances for 21 days. Real net worth, she says, is created by hard work, delayed gratification and financial education. In this fasting period, Michelle challenges us to curb consumerism by focusing on only our needs, do away with debit and credit cards. If you desire to put your financial house in order, this book is your go-to.
Smart Money Woman by Arese Ugwu.
Written with the African woman in mind, Smart Money Woman details in an entertaining way how to make money, manage it and invest in simple terms. Narrated in a fictional style and interwoven with powerful financial lessons, Smart Money Woman is your all-encompassing guide to creating financial freedom.
You are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero.
This book is as hilarious as its title. It is designed to help you overcome patterns that limit you from becoming a financial badass.
The Richer Woman by Omilola Oshikoya.
Omilola demystifies the concept that wealth revolves around money by walking us through her journey of achieving balanced wealth in aspects of her life. This book challenges you to think of wealth from a holistic and healthy perspective.
Broke Millenial: Stop Scraping By and Get Your Financial Life Together by Erin Lowry.
How do you manage money in your relationships? Erin answers tough questions in this book from a hilarious and practical perspective. Challenges like student loans might not relate to us down here, but there are mighty takeaways to fix a falling financial life.
Where is my Money by Magnus Ekwunufe.
Magnus approaches the subject of money and investing through realistic symbolisms. What’s more interesting is that this book features business tycoons who share their investing secrets and experiences on its pages.
40 Frugal Rules for your Journey to Financial Freedom by Sola Adesakin.
Sola bares it all out on how she struggled financially with debt despite being an accountant. She chronicles her journey to achieving financial freedom and offers practical steps to make a pivotal turn in your finances no matter how steeped in debt you are.
You might have heard time and again, Investment in knowledge yields the greatest reward. So I hope you take the first step to expand your mind and improve your life by reading. Which of these books are you looking forward to reading first. Probably you have read a couple of them-why not share the lessons learnt with us in the comment section. Do you also have other book suggestions on finances? Looking forward to hearing from you.
