In celebration of World Book Day, we took a stroll through the office to see what our team members are reading when it comes to personal finance. We asked one simple question: “What is the personal finance book you’ve liked or learned the most from?” The answers were diverse, ranging from timeless classics to children’s stories, and everything in between. Here’s a roundup of Pibank’s favorite personal finance books, curated for all levels of financial knowledge.
- Rich Dad, Poor Dad by Robert Kiyosaki
When it comes to personal finance, Rich Dad, Poor Dad is the go-to book for many of our team members. It was the first book that came to mind when we asked this question. The book challenges traditional views on wealth-building and offers lessons about financial independence, investing, and thinking outside the box. It’s a must-read for anyone starting their financial journey. - Security Analysis (2nd Edition, 1934) by Benjamin Graham and David Dodd
For those who appreciate a more technical approach to investing, Security Analysis is a foundational classic. This 1930s textbook is a go-to for anyone interested in value investing, offering in-depth insights into evaluating stocks, bonds, and other securities. It may be a bit dense, but it’s a treasure trove of knowledge for those serious about mastering the stock market. - Blue Ocean Strategy by W. Chan Kim and Renée Mauborgne
While not strictly a personal finance book, Blue Ocean Strategy is a favorite among our team members interested in entrepreneurship and innovation. The book focuses on how businesses can break free from competition by creating “blue oceans” of untapped market space. It’s a great read for anyone interested in business growth and personal finance from an entrepreneurial perspective. - The Wealth of Nations by Adam Smith
No list of financial reads would be complete without this foundational economic text. The Wealth of Nations, written by Adam Smith in 1776, lays the groundwork for modern economics and market theory. While it’s a heavy read, it’s an essential book for anyone interested in understanding the broader economic landscape and how it affects personal wealth. - Better Than a Lemonade Stand: Small Business Ideas for Kids by Daryl Bernstein
For younger readers or anyone just starting their entrepreneurial journey, Better Than a Lemonade Stand offers a fun and easy introduction to small business ideas. It’s a great resource for teaching kids (and adults!) the basics of running a business, from budgeting to pricing. It’s a light read that packs a punch when it comes to learning about the basics of personal finance. - From Zero to One by Peter Thiel
This book is a favorite among those interested in startups and venture capital. Thiel, a co-founder of PayPal, offers insights into what it takes to build a successful business from scratch. “I like how technical and straightforward it is,” said one of our team members. “This book really shows you what it takes to actually build something.” It’s an inspiring read for anyone interested in entrepreneurship and growing wealth. - The Berenstain Bears’ Trouble with Money by Stan and Jan Berenstain
For those who want to start early with teaching kids about money, The Berenstain Bears’ Trouble with Money is a great introduction. This beloved children’s book addresses the challenges of managing money, making it an excellent starting point for young readers to learn about finances in a fun, relatable way. “This little book is great if you have no sense of money whatsoever,” said one team member. “It will give you a little launchpad.”
From timeless economic theory to fun, accessible books for kids, Pibank’s team has a diverse range of personal finance books they’ve found valuable. Whether you’re looking to dive into the complexities of investing or just want a light introduction to money management, these reads offer something for everyone. Happy reading, and here’s to making financial literacy a part of everyday life!
Disclosure: The information provided in this article is for informational purposes only and should not be considered financial advice or a recommendation to take specific actions. Please note that Pibank USA does not offer lending products or securities/investment products or advice. You should consult with a qualified financial advisor, tax professional, or other expert to evaluate your individual circumstances before making any financial decisions. While every effort is made to ensure the accuracy of the information provided, Pibank USA makes no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability of the information contained in this article. Pibank USA is not liable for any losses or damages arising from the use of this information.