Ever wondered how millionaires think? Or what makes millionaires successful? If so, this book is for you. It is essentially a compilation of the thoughts of over 65 millionaires, including Warren Buffett, Paul Allen, Deepak Chopra, Malcom Forbes, & Donald Trump.
Whether you want to become a millionaire or not, the fact is that millionaires think differently than the average person. They see themselves differently, manage their money differently, and invest their money differently. Most people are happy if they reach an annual income of $100,000. Most millionaires never stop earning money at that level. They continue to push beyond it. And when they do, they are able to quit their jobs voluntarily.
Principles, by Ray Dalio
Principles explains how setting your life up around a set of solid core principles can simplify your decision-making process and keep you from second-guessing yourself. It will give you the tools to be analytical and successful, and allow you to live your best life.
You’ll need to determine what’s important to you in setting up and creating your business. But there are some values that will always make sense, such as creating an environment of trust and transparency. The idea behind this collection of principles is to keep from being overwhelmed by decisions and life. Use these principles like a compass, so that no matter the circumstances, you have a framework that will keep you heading down the right path.
“The Intelligent Investor” by Benjamin Graham
Goodreads Rating: 4.23/5 | Audible Rating: 4.5 stars
Learn the philosophy of “value investing” from renowned investment advisor, Benjamin Graham. As a stock market staple, this book breaks down the facade of Wall Street and outlines long-term strategies to help you achieve the results you want from your investments. Originally published in 1949, this text is still relevant today and even recommended by Warren Buffett.
The Next Millionaire Next Door: Enduring Strategies for Building Wealth by Thomas J. Stanley, Sarah Stanley Fallaw
Our lives are full of decisions we make. No wonder that some of them lead us to the tops of the highest mountains, while others, well, to the dumps. Of course, we also can’t neglect the impact of our behavior and personality traits on the success we aim to achieve.
The Next Millionaire Next Door will teach anyone how to find the right path to making a fortune, focusing specifically on careers and lifestyles associated with each way and what it takes to succeed in each. No one can doubt that this title is worth including in the most influential books on the habits of millionaires. It’s a proper guide for anyone eager to have a high income and a fairytale-like life.
“How to Win Friends and Influence People” by Dale Carnegie
Goodreads Rating: 4.21/5 | Audible Rating: 4.5 stars
While not so much a resource on personal finance, the best-selling first book of Dale Carnegie offers advice for people hoping to reach success in life and in business. It outlines various ways to get people to like you, ways to persuade people to think how you think, and how to influence others without inspiring negative feelings.
Money: Master the Game, by Tony Robbins
This is a must-read for anyone who wants to make their money work for them and achieve true financial freedom. Money walks you through the necessary steps to turn a small nest egg into a mountain of wealth so you can live your life how you want to. One of the lessons Robbins details is setting up a “freedom fund,” which is your investment fund that will eventually set you free.
Make sure your money is getting a workout, not being lazy in a low-interest bank account. Your money needs to be building interest year after year. And most importantly, do your homework and believe in yourself. Fatalistic attitudes will only lead to failure.
Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth by T. Harv Eker
So close, and yet so far. How many times have you been feeling like this in life? It often feels like something is missing. Maybe some hidden last step towards achieving the ultimate success? Well, here you go! The mystery is finally solved with this member of the best books for a rich mindset.
T. Harv Eker, the author of Secrets of the Millionaire Mind, reveals the splendid missing link between wanting success and achieving it. You will find out how your attitude and everything going on affect your current money blueprint significantly. It’s time to uncover the truth about success once and for all.
“Think and Grow Rich” by Napoleon Hill
Goodreads Rating: 4.17/5 | Audible Rating: 4.5 stars
Originally published in 1937, this motivational book draws inspiration from business tycoons like Henry Ford and King Gillette to demonstrate the secrets to financial success. Hill claims that these secrets have generated wealth for many over the years and can bring you fortune if you are ready and know what you want.
Thinking, Fast and Slow, by Daniel Kahneman
Nobel Prize–winner Daniel Kahneman’s book Thinking, Fast and Slow shows how easy it is for humans to veer away from the rational. The truth is, we are subject to many biases, and this is especially important for entrepreneurs to be aware of, as we tend to only see things from our own perspective.
Kahneman’s years of work detail how our behavior is determined by two different systems. One is impulsive, automatic and intuitive — it operates without our conscious control. The second is thoughtful, deliberate and calculating — this is our ability to reason and engage in decision-making. The second system is important because it relies on self-control and our ability to focus our attention; it is the strength behind our intelligence. However, it’s important to recognize that our mind tends to oversimplify things without sufficient information, which often leads to judgment errors.
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime by MJ DeMarco
Sometimes we get stuck on the idea of how we can end up rich. And it’s not about winning a lottery, no. It’s about saving, saving on everything you should actually enjoy for the sake of retiring wealthy one day. No wonder that this approach is corrupted and doesn’t bring that much happiness after all. So what’s the right one?
MJ DeMarco’s book, The Millionaire Fastlane, can unapologetically answer this question. It will teach you how to crack the code to wealth and get on the millionaire fast lane without giving up on the things you like. Sounds like a really game-changing plan from the best millionaire mindset books, doesn’t it?
“I Will Teach You to Be Rich” by Ramit Sethi
Goodreads Rating: 4.12/5 | Audible Rating: 4.5 stars
If you want a step-by-step guide on how to be rich, the Forbes proclaimed “wealth wizard,” Ramit Sethi, has you covered. His book details a six-week program on how to save more, pay off debt, and negotiate your finances while also getting to spend your hard-earned money.
Blue Ocean Shift, by Chan Kim and Renee Mauborgne
This is a step-by-step guide on how to move beyond the rat race in an overcrowded marketplace. It’s time for entrepreneurs to leave behind the overcrowded “red ocean” of fierce competition and open up new worlds of opportunity: the “blue ocean” that is free from competition.
Blue Ocean Shift gives the reader tools to navigate the wide-open markets that transcend competition. This “blue ocean shift” allows you to discover markets that are ripe and still untouched if you just know how to tap into them. Along the way, you’ll learn about market-creating tools that will help you facilitate your own blue ocean shift.
Everyday Millionaires: How Ordinary People Built Extraordinary Wealth — and How You Can Too by Chris Hogan
Millionaires are often seen as people who are far from ordinary. The truth is that most of them come from a humble background where there was no place for extravagant riches. So how did they achieve their brand-new shiny lifestyle?
You will find all the answers and secrets in one of the best books on how to become a millionaire. Yes, we are talking about Everyday Millionaires by Chris Hogan. This best-selling author and personal finance expert knows everything about making a fortune even if your income is not satisfying at the moment. Why? Because nothing else matters but your hard work and dedication.
“How to Be a No-Limit Person” by Wayne W. Dyer
Goodreads Rating: 4.11/5 | Audible Rating: 4.8 stars
In this motivational resource, Dr. Wayne Dyer teaches you how to take control of the way that you approach problems and people. As a self-help advocate and counselor, he instructs you to reflect on the origins of your feelings in order to deal with them in an action-oriented, positive way. Sara Blakely, founder of SPANX and the first self-made female billionaire, credits her success to the audio version of this book.
The 48 Laws of Power, by Robert Greene
Showing off your brilliance won’t win you any favors, but cleverly using the work of others to your advantage will. The 48 Laws of Power takes an irreverent look at the fundamental characteristics of power. It helps you understand how power works, how to use it to your advantage and how to defend yourself when others wield power against you.
If you are an entrepreneur hoping to gain the upper hand in the market, or anyone looking to acquire power, this is the book for you. One important rule to remember as an entrepreneur: Any credit given for an invention or creation is just as important as the invention itself. If you don’t claim credit, someone else will steal your idea and take the credit.
Millionaire Success Habits: The Gateway to Wealth & Prosperity by Dean Graziosi
Worldwide famous entrepreneur Dean Graziosi knows everything about how people become millionaires. And luckily for readers, he shared his knowledge in Millionaire Success Habits that has already become a top of the best books on the habits of millionaires.
Not only will you find out what habits exactly help you become wealthy, but you will also discover how to implement them in your lifestyle. If you are still unsure whether this title is worth your time, there are even more convincing facts. The latest edition of Millionaire Success Habits includes brand-new information about productivity and a 30-day Better Life Challenge! Guess it’s about the time to add this book to your read-next list!
Conclusion
Most people are worried about their next paycheck. But if you really stop and think about it, there are enough millionaires out there that average salaries aren’t nearly as important as you might think. Financial freedom and living a life of abundance and wealth means more than the dollar amount in the bank account. The truth is: millionaires think differently than most other people. They take control of their lives and make their own destiny — find out what they do differently by reading this books!