Many people struggle to manage their money, and young adults often struggle the most.
Don’t worry, we’ve all been there!
If you find yourself in this category, the books you need to read are listed below. They are all fun, easy reads and will help you to better manage your money.
Subscribing to our Free Money Management Challenge below will also help!
But first, here’s our best finance books for young adults!
Best Finance Books For Young Adults
Broke Millenial – Erin Lowry
Broke Millenial, by Erin Lowry, is an entertaining book that will teach you how to budget, manage student loans, discuss money with your significant other, manage credit card debt, and more about your relationship with money.
This book is a Washington Post “Color of Money” Book Club choice and is full of relatable stories about money that will entertain and help you in the long run.
This is also hands down one of the best financial books for young adults.
Broke Millenial is one of three books written by Erin Lawry for Millenials. The other two books in the series help you learn how to have financial discussions and navigate investments. They are called Broke Millenial Takes on Investing and Broke Millenial Talks Money.
All books in this series cost between $5-$14, so you won’t break the bank, even if you purchase all three.
Dear Debt – Melanie Lockert
Dear Debt, by Melanie Lockert (a personal finance expert) is a great book that will help you learn how to pay off student loan debt quickly. It can help you learn how to pay off other types of debt quickly, but it focuses on student debt.
It costs $5-$13 to purchase.
A worthy investment.
In this book, Melanie Lockert teaches you how to:
- Find the right debt repayment plan for you
- Avoid spending temptations
- Find cheaper alternatives for expensive habits
- Become a more frugal friend
- Start a side business
- Negotiate salary
- Develop a financial plan after your debt is gone.
This certainly earned her a space on our list of best finance books for young adults.
Student Loan Solution – David Carlson
For many, student loans are a necessary evil.
Student Loan Solution, by David Carlson, helps you understand student loans and the different payment plans that are available for you.
This book also helps you understand various terminologies commonly associated with student loans. If you have student loan debt or will have it in the future, read this book!
Student Loan Solution costs between $10-$19, which is not a large investment, but it will help you save a lot of money in the long run!
Get Money – Kristen Wong
Get Money, by Kristen Wong, has a step-by-step guide about how to:
- Create a budget
- Pay off debt
- Build your credit score
- Negotiate
- Start Investing
Get Money is an intriguing book because it makes the information you are learning about seem unintimidating.
When you follow the advice included in this book, it will feel like you are playing a game, but one that is actually helpful to you in the real world. It costs $10-$17 to purchase.
The Simple Path to Wealth – J.L. Collins
The Simple Path to Wealth, by J.L. Collins, is an extremely popular and informative book that will teach you how to avoid debt and build your savings.
It was actually our first pick when choosing the best finance books for young adults!
It is extremely easy to read The Simple Path to Wealth, and it only costs $10-$20 to purchase.
If you read this book and find Collins’ advice helps you financially, you can read more of his work and get more financial advice on his website.
This book is extremely helpful to young adults because of how easy it is to read and understand. It will help you navigate the financial world in the future and learn how to have a good relationship with money.
Why Didn’t They Teach Me This In School? – Cary Siegel
Why Didn’t They Teach Me This in School? by Cary Siegel, is a book that has a large amount of financial advice and is extremely relevant for young adults.
It is even recommended by eBay, Forbes, Lifehack, Elite Daily, Real Simple, and Bustle because it has a ton of wonderful information that many people are not often taught at a young age.
When Cary Siegel originally wrote this book for his children, he didn’t realize that financial lessons are not often taught to teenagers or young adults while they are in school.
Many parents don’t teach their children about money because they have issues understanding it themselves. Siegel includes all of the information that is often not taught in the classroom or by parents in this book.
Short on time?
Why Didn’t They Teach Me This in School is also an extremely short book for how much information is included. It is only 188 pages long and has 8 chapters. Within those 8 chapters, there are 99 principles that will teach you how to manage your money well. If you follow the practices taught in this book, you will become a financial expert in no time!
It cost me $15 to purchase Why Didn’t They Teach Me This in School, but if you purchase it on Amazon and are a Kindle Unlimited member, you can read it for FREE.
Easily one of the best financial books for young adults in 2022!
I Will Teach You To Be Rich – Ramit Sethi
I Will Teach You To Be Rich, by Ramit Sethi, is a book for 20 to 35-year-old adults.
In it, the four pillars of finance—banking, saving, budgeting, and investing—are described in detail. (Psst… we also cover them in detail on our site!).
After you read this book, you will understand how to function in the world of finance.
If you are planning on starting a company or becoming an entrepreneur, you need to read this book. It costs $19-$25 to purchase.
Unfortunately, Ramit Sethi doesn’t really teach you how to manage your current money.
However, many other books do teach you how to manage your money effectively. If you want to learn more from Rathi Sethi after you read this book, you can also follow his blog.
Summary: Best Finance Books For Young Adults
Many books on the market will help you become financially adept and responsible.
So many in fact that you could spend years down a financial wormhole…
Don’t do this!
At some point you need to get our there, make money and invest!
That’s why we put together this hand-picked selection of finance books for young adults.
They are all easy to understand and have taught thousands of people about the financial world.
If you are a young adult or want to learn more about how to manage your finances and the financial world, read any of these books. They are all under $30 too, so they will not break the bank.
Don’t fancy reading a book?
Then keep reading this blog!
