It’s a bitter truth that the majority of college students are financially illiterate since the basics of personal finance aren’t taught in any school or college. That’s why the grad students find personal finance as clear as mud.
To help you, in this blog post I have shortlisted the 7 best personal finance books for college graduates that will give you insights into money management, debt management, budget allocation, etc. that will help you to prepare a financial plan to achieve financial inclusion and enjoy life as per your wish, not a life that you can afford.
7 Best Personal Finance Books for College Graduates
To secure financial well-being, you must figure out how to prepare a budget that doesn’t allow you to live a life from paycheck to paycheck. No matter whatever are the wishes you want to fulfill in the course of your life. First, you transform yourself into a financially literate person to avoid the foolish mistakes a financially illiterate guy makes in his 20s or 30s, that will decide the course of your financial life.
This blog post is dedicated to those college grads who want to take control of their finances by applying out-of-the-box financial habits that allow them to achieve financial inclusion.
Let’s dive into it.
‘Rich Dad Poor Dad’ By Robert Kiyosaki
Beyond your salary or income, if you do not have any idea what are the money-minting assets and what are the bare liabilities that will pickpocket your bank account, then the chances are higher that your financial fate is identical alike the author’s ‘poor dad’.
Simply put, this classic outlines what the key lessons are you should learn to escape the rat race and live a life that rich people are living.
Let’s dive into the key findings of the book.
What’s the difference between Assets and Liabilities?
Robert’s ‘Poor’ dad, who struggles to manage the finances whole life despite a Ph.D. in education and a handsome salary simply because his thoughts and actions are wrong.
Where the rich people acquire assets that will mint money, the poor people acquire liabilities that will erode their bank account. For example where the rich invest in the stock market, bonds, and other income-producing assets, the poor invest the money to own the liabilities such as a spacious house, or a luxurious car.
No matter what is your monthly income, to become rich acquire assets, not liabilities since that will lead to the same fate as the poor.
When you are acquiring a large spacious house where you will reside then it’s a liability since your bank account won’t witness any income from it, but will attract maintenance expenses. On the contrary, when you are acquiring a rental property then it’s an asset since your bank account is credited with rental income that exceeds the expenses.
How fear and greed will decide your financial fate?
The author’s dad always teaches the author to go to school, college and grab a job, and live a safe life.
That’s the #1 reason why the rich become richer and the poor become poorer.
When it’s time to create a portfolio across various asset classes namely equity, debt, acquiring rental properties where inherent risks are associated with the asset classes, the poor maintain a safe distance, whereas the rich mentality people learn how to manage and minimize the risks.
They read various investing books and after acquiring the proper knowledge about the stock market and how the stock market works, they start investing regularly that allows them to increase their wealth steadily.
The poor are the complete opposites of the rich. Despite being well educated, they lack financial literacy that leads them to buy a spacious house, an expensive car, which leads to a devastating financial future. When it’s time to invest in the stock market, owing to the lack of knowledge, they keep a safe distance from the stock market, instead, they fight tooth and nail, witness a salary increase, buy liabilities, and devastate their financial life.
How corporations help the rich?
Since the rich people run the corporations and are responsible for creating jobs and hiring efficient staff. The tax laws support them, and in turn, lower the overall tax burden. On the contrary, the educated middle class is liable to pay taxes. That’s why the rich employ their money to form a corporation and hire efficient accountants and attorneys to find the loopholes that allow them to escape paying taxes.
‘Why Didn’t They Teach Me This in School? 99 Personal Money Management Principles to Live By’ By Cary Siegel
All of these ideas stumble in his mind when he teaches his 5 children, but later realizes that all the children around the world deserve the lessons what his children are acquiring.
Although there are ample numbers of personal finance resources online to get real-life insights, I recommend you must read this book, irrespective you are a college grad or a working adult. The author in this book focuses on the qualitative side rather than the quantitative side that he learned from his personal experiences.
This is one of the best books for college graduates about personal finance that covers various topics of personal finances from budgeting to credit cards, insurance, investing, spending, etc. that no school or college will teach you. The chances are higher that you will probably miss the boat by not reading this book since this book delivers the practical principles that the author has learned by blood, sweat, and tears through his financial life.
Let’s take a glance at the key lessons that the author has delivered here.
Lesson #1. Live below your means
When you live below your means, you always have a rich amount of dollars that you can either save or invest. When you invest the amount, this will grow over time to support your financial security.
Lesson #2. Take it easy with your stuff
No matter what is the price of the stuff, be it a cloth, refrigerator, cooker, microwave, mind the gap. If you take care of your clothes the chances are higher that your clothes can last longer saving you a few dollars. Plus, when you keep an eye out on the refrigerator, cooker, microwave, this will save a significant dollar amount to repair.
Lesson #3. Spend one hour a week to learn the ins and outs of personal finance
Maybe one hour a week doesn’t make you a money manager overnight, but after one year you will have acquired 52-hour money management lessons that will help you to manage the finances best plausible way.
Lesson #4. Get rich slowly
You won’t become a millionaire unless you luckily get your rich uncle’s property or a lottery or conduct a bank robbery. To become rich is not a 100m sprint but a 42.2 km marathon. To become a millionaire you should put your nose to learn the basics of investing, start investing across various asset classes following your time horizon and risk appetite.
Lesson #5. Save/Invest 50% of every salary hike and 90% of every bonus
When you save and invest the surplus capital then you are supporting your financial future where you can live a life without any financial crunch. These savings allow an individual to carry out the pre-retirement lifestyle even after retirement.
Lesson #6. Prepare a budget and act accordingly
The entry of every financial transaction in black and white such as utility bills, entertainment cost, household expenses, savings, 401(k) contributions, insurance premium, etc. allow you to figure out whether you are on the right direction or not. Plus, when you maintain a monthly entry of all the expenses and investments that you have made, you can figure out what are the loopholes.
Lesson #7. Set a goal and track periodically
No matter how older you are, when you have a regular source of income, it’s time to set a realistic and attainable financial goal. Plus, track the progress periodically to make sure that you are on the right track.
Lesson #8. Buy luxurious items that are important and you can afford
Don’t buy an iPhone simply because your friends have owned the latest version. But if you have exhausted your iPhone memory and the latest iPhone has the required memory that you are looking for and you can afford it, then you may bring an iPhone to your home.
Lesson #9. Pay credit card bills on time without exception
When you fail to pay the credit card bill then it attracts a whopping 12% interest on deferred payment. That’s why you should pay bills on time to escape paying a hefty interest. As a good rule of thumb, you should carry out 1 credit card. Plus when you pay off the credit card bills on time you will improve your credit rating and in turn maintain a good FICO score.
Lesson #10. Take a term life insurance and health insurance
No matter what is your salary you should take term insurance and health insurance to support your family or to pay hefty medical bills in the scenario of severe accidental injury.
Lesson #11. Prepare an emergency fund
To carry out the regular household expenses in the scenario of job loss or unforeseen expenses, create an emergency fund that has your 3-months income.
Lesson #12. Invest in 401(k)
In the majority of the cases, since your employer contribute the match amount towards 401(k), start investing in 401(k) to secure your post-retirement financial future.
Lesson #13. Don’t invest as per the friend’s call
Don’t follow the investing advice and invest accordingly to cut the losses. Instead, before investing you should learn the ins and outs of the stock market, and then start investing in fundamentally strong stocks that will yield superior returns in the long run.
Lesson #14. Don’t invest heavily in two or three stocks
To minimize the risk you should diversify your stock portfolio by including fundamentally strong stocks across various sectors or industries.
Lesson #15. Make a 20% down payment and get a 15-year mortgage
When you buy a house then as a good rule of thumb, make a 20% downpayment. Plus, when you take a mortgage get a 15-year mortgage since this will save a whopping amount of dollars when compared to a 30-year mortgage.
‘I Will Teach You to Be Rich’ By Ramit Sethi
Do you belong to those working population who are living from paycheck to paycheck, with no contribution towards 401(k) accounts, and haven’t prepared a plan towards retirement?
If yes, then this is a must-read book. The author outlines a 6-week program that allows you to manage the finances the right way.
Here I will give you a snapshot of this book and share with you lessons that I have learned from this book.
Lesson #1. Stop playing the blame game
A majority of the Millenials blame the education system for not teaching the basics of investing and personal finance. That’s why they find the money management as clear as mud.
The author’s advice is you should stop blaming either the media or our education for your ignorance. Instead, read various books. Acquire some knowledge and kick start your investing journey ASAP.
Do remember it’s your responsibility to stay right on track when it’s time to manage the money that you have earned by blood, sweat, and tears. So, stop procrastinating, and get started ASAP to get rich.
Lesson #2. You need not be a financial wizard to rich
When you follow the basic principles of budgeting, start investing early across various asset classes following risk appetite and time horizon, you will become rich that allows you to spend on what you love that doesn’t hit your investment and you will achieve your long-term goals namely to own a house or live a worry-free retirement life.
Lesson #3. How to optimize credit cards?
Credit cards not only allow you to purchase high-ticket items but also give you a short-term loan without charging a penny if you pay regularly and on time.
No matter what dollar you are spending each month when you are paying the credit card bills on time. This will boost the credit score that not only allows you to track the spendings each month but also provides cash bonuses, air miles, and counting.
However, when you fail to pay the credit card bill at the end of a given time, then your unpaid credit card bill attracts a whopping 14% interest rate. Plus, when you miss the payment of credit card bills for a couple of months then this will plummet your credit score.
Since the credit score gives a detailed snapshot of how likely a person is able to repay the loan or borrowing habits of an individual, the chances are higher that you won’t get an affordable loan for high-ticket purchases such as a house, car, etc., despite having a high income. That’s why it’s your task to figure out how much you owe and plan accordingly to pay off the credit card bill in full.
Lesson #4. How to save hundreds per month
Here the author has offered a conscious spending plan that allows you to maintain a balance between spending and saving.
As a rule of thumb, allocate
- 50%-60% on rent, utilities, insurance, debt obligations, if any.
- 10% towards 401(k) accounts, Roth IRA, and other investment accounts.
- 10% towards short-term or long-term goals including Christmas vacation, buying a car, etc.
- Spend 20% on things that you love i.e. candlelight dinner at your favorite restaurant, shopping, watching movies, etc. by cutting mercilessly on the things that you don’t love.
Lesson #5. How to manage the money in the most efficient way?
To manage the money credited in your checking account, all you have to do is to spend an hour each month and automate the process of allocating the funds towards, credit card payments, contribution towards 401(k) accounts, Roth IRA, Demat cum trading account, etc.
When you set up a system where the funds are automatically transferred to the respective pockets, this act allows you to stay right on track to manage your finance in the best plausible way.
Lesson #6. Why start investing as early as possible?
To secure your financial future all you have to do is to start investing ASAP. The earlier you start investing, the richer you will be.
But why start early?
Let’s make it clear with an example.
Suppose you start investing in the stock market at 25 with $500 a month and at 35 you stop investment then your portfolio worth will be 1.2 million assuming a 12% CAGR at the retirement age of 60.
On the contrary when an individual starts investing at 35 with $500 a month, then after 25 years the portfolio value will be $8,51,096 that is significantly lower as compared to the portfolio value when you get started at 25.
From the above example, it’s clear that you should start investing as early as possible. Since you start investing in 25 you invest $60000 as compared to $150000 of a person who starts investing at 35 and continues it for the age of 60. The second person starts investing at 35, but still, there’s a wide gap [$360000] between the value of the two portfolios simply because the other person starts investing 10 years later.
Lesson #7. Where should I invest?
When it’s time to start investing there are various investment options an individual can choose namely mutual funds, index funds, stocks, bonds, etc.
It’s not a good idea to invest in the stock market when you don’t know the ins and outs of the stock market. Instead start investing in Roth IRA, 401(k) accounts, equity-oriented mutual funds to finance the long-term goals.
Since in the majority of the cases, your employer’s contribution towards 401(k) usually matches with your contribution, that’s why to make the most of it, start your investing journey with 401(k).
Plus, start investing in lifecycle funds where with the progression of retirement age, the asset allocation will automatically shift from riskier i.e. equity to safer fixed-income investments i.e. bonds, govt. securities.
When should I start investing in the stock market?
When you learn the basics of the stock market and are able to identify the fundamentally intact stocks, you are free to invest your money in the stock market. In the long run, the stock market surpasses the other asset classes in respect of returns.
Finally, to become rich, you need not be an expert. You should start investing ASAP. Once you have successfully redirected the capital into their respective pockets then you have done a great job that will make you rich.
‘The Total Money Makeover: A Proven Plan for Financial Fitness’ By Dave Ramsey
Though there are tons of books that teach how to manage money in the best efficient way, what makes this book a gem is that the author here outlines a 7-step process not only to get rid of debt obligations but also to build wealth to achieve financial freedom.
Let’s dive into the 7 steps that you should follow for financial inclusion.
Step #1. Save $1000 fast
To bear the unforeseen expenses namely hospital bills, or breaking down of your car, do yourself a favor to get rid of credit card debts, save at least $1000 in your bank account. When you have $1000 in your bank account to finance the unforeseen expenses then the chances are higher that your investment leaves untouched.
Step #2. Start rolling Debt Snowball, start with the lowest one
Do not bother about your income and debt obligations. List all of your debts in descending order. Start paying off the debt with the lowest one.
Step #3. Finish the Emergency fund
The next step is to create an emergency fund that will bear all the expenses namely groceries, insurance premium, even the Amazon Prime subscription charges for at least 6 months.
Step #4. Maximize retirement investing
After you have prepared an emergency fund, you should start investing to lead a worry-free retirement life. As a good rule of thumb, you should start investing at least 15% of your post-tax income in equity-oriented mutual funds and Roth IRAs.
Step #5. College funding
As of today, a college education is a little bit expensive, especially when your kid goes abroad for studies. The author is not in favor of student loans. Instead, you should conduct a witch hunt for alternative options to finance your kid’s education.
Step #6. Pay off the home mortgage
Now, when you have financed your kid’s college education, invested in mutual funds & IRAs, paid off credit card loans, student loans, or vehicle loans, it’s time to pay off the big-ticket home mortgage.
Step #7. Build wealth like crazy
Now, since you are debt-free, it’s time to start planning, saving, and investing that will finance your future obligations and achieve financial inclusion.
To kick start the 7-step plan is an onerous task, but once you have successfully followed the 7 steps that the author has outlined here, you will definitely achieve financial inclusion in the next 20-30 years.
‘The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich’ By David Bach
What’s the secret to become a millionaire? Do the millionaires inherit a pile of money from their parents? Do they invest a lot of money in the stock market and get a whopping return? Do they run a corporation?
The shocking answer is none of the above!
No matter what salary is credited to your bank account, by preparing a plan, you can become a millionaire and live a worry-free retirement life.
Let’s take a look at what lessons I have learned from this book.
Lesson #1. Always pay yourself first
An individual US adult after getting employed, gets a credit card, buys stuffs that he really doesn’t need, spends lavishly, and in turn, lives life from paycheck to paycheck.
By giving real-life examples the author has described how a couple becomes an automatic millionaire by paying themselves first.
All you have to do is to prepare a sheet and enter the utility bills, rent, household expenses in black and white. After preparing it, now you have a sheet where every dollar of your income goes into. Now, all you have to do is to stop paying for the stuff that you don’t need or get rid of luxurious wishes that will burn your pocket. Once you are successful, start investing your money. As a good rule of thumb, invest at least 10% of the pre-tax income and later try to increase the dollar amount by cutting the unnecessary expenses.
How can small savings enhance your financial future?
Let’s make it clear with an example.
If you are saving merely $15 a day when you are 20 and start investing in the retirement funds and carry out the investing until the age of 35, for 10 years only, then you will retire with $1.4 million in your bank account at 55 assuming a nominal 10% CAGR.
That’s the power of saving $15 a day. But people do the opposite. They first pay for the utilities, pay taxes and then start saving. As an intelligent investor by doing the opposite, you can secure your financial future.
Lesson #2. Employ the latte factor to get rich
A majority of the Americans fails to become a millionaire simply because they fail to understand the power of latte factor. The latte factor allows an individual to get rich by making small savings a day, without grabbing a job that pays a whopping salary.
Let’s make it clear how the latte factor helps you.
For example, by skipping a cup of coffee a day and a bagel at Starbucks, you can save $5 a day. If you invest the identical dollar amount in the equity-oriented mutual funds for the upcoming 40 years then the worth of your portfolio will be a whopping $1.5 million assuming 12% CAGR.
From the above example, it’s clear as the sky is blue is when you avoid the unnecessary expenses a day and invest the money into retirement funds or equity-oriented mutual funds, the chances are higher that you will live a happy retirement life without any financial woes. When you aren’t investing your money on those things that will mint money, then you simply leave million dollars on the table.
Lesson #3. Set up an ‘automatic system’ to pay the monthly bills or make a contribution towards retirement funds
The automatic system allows you to not only pay the utility bills, debt payments, or credit card bills on time but also invest your money in retirement funds or equity-oriented mutual funds after a one-time setup. Once the automatic system is up and running, congratulations, you are on the right path to achieve financial inclusion.
Lesson #4. Set up an emergency fund
When you have prepared an emergency fund then your investments remain untouched in the scenario of job loss, accident, pay cut, etc. The emergency fund gives you peace of mind to tackle unforeseen expenditures, for example, your car gets crashed, or your son gets admitted to the hospital, etc. As a good rule of thumb, your emergency fund should be equivalent to a 6-months pre-tax salary.
Lesson #5. Pay off the credit card bill in full
An average American family owes $8400 towards credit card debt, and if you aren’t an exception, it’s acceptable. What you can do is automate the credit card payment each month and try to clear all the credit card bills ASAP, since its whopping interest charges play havoc with your retirement planning.
It’s no wonder if you are residing in a rental property then you are paying the homeowner double the price to own a house.
Lesson #6. Own a house
It’s not a good idea to live in a rental property since you are paying an identical dollar amount to the homeowner. You can pay monthly installments with that money when you take a home loan. That’s why you should take a loan for a big-ticket purchase i.e. a house.
When you apply for a mortgage to finance your home, it’s a good decision when you choose bi-weekly payments instead of once a month since this will significantly minimize the interest payment
For example, you have taken a home loan of $250000 for a 30 years period with an interest rate of 5%. When you opt for the monthly payment then it will cost you $233139 owing to interest payments. On the contrary, when opted for a biweekly payment plan, the total interest payable is $188722. From the above example, it’s clear that you have saved a whopping $44000 by opting for a biweekly payment option.
Lesson #7. Donate a part of your wealth to charity
When you donate to charity you are giving a helping hand to those sections of the society who really need it. No matter what you have in your bank account, start donating just 1% of your monthly earnings. When you are earning $5000 a month then a donation of $50 a month won’t devastate your financial life.
‘Financial Freedom: A Proven Path to All the Money You Will Ever Need’ By Grant Sabatier
This book outlines how an American individual whose bank account has only $2.26, living with parents, owes $20000+ in credit card debt, with no job, manages to become a millionaire just within 5 years, and achieves financial freedom at the age of 30.
Let’s take a look into the key lessons that the author, Grant shares in this book.
To achieve the financial freedom you should think carefully if you have invested the money then what will be the worth of the stock portfolio after a decade or 2 decades. For example, when you invest $1000 at once instead of buying a laptop for gaming then after a decade the amount grows to $6100 assuming a moderate rate of return of 10%.
Lesson #1. Think carefully if it is worth buying
No matter the buying price, be it a pair of shoes, or an Apple iPhone, before ‘make payment’ you should consider the following 11 questions the right way. Here are the few:
- How happy will you be after purchasing the stuff?
- What’s the dollar amount I need to pay to own it?
- How many hours should I work for buying this?
Lesson #2. Calculate your ‘number’ to achieve financial inclusion
The ‘number’ is the amount of dollar that you need to invest to achieve financial inclusion where a 9-to-5 job is purely optional. The author’s honest opinion is that it will take a decade to reach that desired number of the dollar amount in your bank account where there’s no need to carry out a job. The dollar amount varies following your age, lifestyle, consumer behavior, debt obligations, and counting.
Lesson #3. How to calculate your current position
You should calculate your current net worth. The current net worth allows you to figure out what is your current financial position since it takes the assets and the liabilities into account. Plus, the author emphasizes you should track the net worth since that allows you to figure out what is the current scenario, how long it will take to achieve financial freedom.
Lesson #4. How to achieve the dollar number for a happy retirement
After you have successfully calculated the exact dollar amount and your net worth, now it’s time to prepare a strategy to achieve financial freedom.
The 3 factors that significantly impact whether you will achieve the retirement number or not are as follows:
- Income – Create multiple sources of income along with your regular job.
- Expenses – Before buying any item do consider whether it is really essential or not.
- Savings – Apply various saving strategies.
Lesson #5. How to prepare a budget
Take any individual American, he will accept that housing, transportation, and food expenses are the three major heads that eat a lion’s share. The author here outlines various actionable strategies to cut the expenses on the 3 heads that allow your savings pocket to surge.
Lesson #6. How to earn more money in less time
No matter what is your salary, when you take side hustles seriously then it’s easier to achieve financial freedom ASAP. Here the author has given a 4-step formula to choose side hustles that allow you to boost your earnings.
One surprising fact is that the author spends about 40 hours a week on side hustles like building and flipping websites and domain names, conducting digital marketing campaigns, and counting.
Lesson #7. How and where should you invest?
Investing allows you to grow your money that doesn’t need your active participation. The book outlines not only what are the inherent risks associated when you invest in equities but also what is the ideal asset allocation strategy. Plus, the author shares what investing strategies allow you to generate the best returns.
When you are a novice investor, this is a must-read book since this book is packed with specific recommendations that I have found handy.
Lesson #8. Should you buy a house or stay at a rented property?
The author emphasizes that you should own a house instead of staying at the rental property. Even if you are moving to another city, rent your property to create a passive income source that will grow over time.
No matter what is your current worth, it’s time to start taking actions to boost your income by creating multiple sources of income and invest accordingly to achieve financial inclusion irrespective of how old are you.
‘Broke Millennial: Stop Scraping By and Get Your Financial Life Together’ By Erin Lowry
Designed for the Millenials who are hunting high and low for how to get started in the investing world, but find how to invest their money as clear as a mud.
Erin Lowry in this book has given detailed insights into not only how retail investors break out in cold sweat when it’s time to buying or selling stock but also what is the best decision when it’s time to decide whether to pay off their student loans in the first place or start investing the money that they have in their bank accounts.
Let’s deep dive into the key lessons that I have learnt from this book.
Should you pay off the student loans first or start investing?
No matter what is the student loan amount, you should start investing in the stock market since the interest rate on the student loan varies between 2.75% and 4.30%. On the flip side, when you invest in the stock market then you can expect a double-digit return by picking the fundamentally intact stocks. That’s why when you aren’t investing you are leaving money on the table.
In the scenario of high-interest credit card debt, this charges a whopping rate of interest. It’s a good idea to pay off the credit card debt before investing in the stock market.
For what time horizon should you invest?
The amount is not a matter, you should start investing. If you start investing early and regularly then the chances are higher that you can finance your retirement life with ease. When you are investing for the long run, just to say anywhere between 20 and 30 years, your stock portfolio increases like leaps and bounds since the stock market is a voting machine and in the long run, it is a weighing machine.
When to check the portfolio?
When you are investing in the long run, it doesn’t allow you to buy stocks and forget them. You should check the earning result once a year to monitor the stock’s performance.
What strategies should you apply while investing in the stock market?
Don’t sell a stock solely because the stock has witnessed a sharp market correction. Instead, check the fundamentals, if they are deemed fit, buy additional units since the market has allowed owning the stock at an attractive valuation.
How to rebalance the portfolio of stocks or bonds?
As a good rule of thumb always keep a balanced portfolio of stocks and bonds following the time horizon. Suppose you have divided your invested capital into stocks and bonds at equal percentage i.e. 50% stocks and 50% bonds.
After a 5 year period, when you witness that your stock portfolio acquires the 70% value of the entire portfolio, then you should sell 20% of stocks and invest in the bonds if you have a time horizon varying between 5 years and 10 years to stabilize the risk.
No matter what return an asset class is delivering, if you rebalance your portfolio following the time horizon then the chances are higher that you can cut the losses.
How to prepare a retirement plan?
When it’s time for retirement planning you need to follow the three steps mentioned below:
Step #1. Calculate how much amount is up to snuff to live a life without any financial woes.
Step #2. Make up your mind about what your investment plan is.
Step #3. Consider the brokerage fees when you invest in the stock market or the expenses involved in 401(k) accounts.
What is the ‘Multiply by 25’ Rule?
The ‘Multiply by 25’ rule allows you to calculate how much money you should have in your investment portfolio to lead a happy retirement life without any financial woes especially when you want to withdraw 4% of your savings a year post-retirement.
For example, when you have calculated that your annual household budget for a financial year is $50000, then you must have 25x of $50000 i.e. 1.75 million in your investment portfolio.
- Read also: Best Personal Finance Books by Indian Authors
- Read also: Best Stock Market Books by Indian Authors
Hope this article will help you to manage your finance the best effect. Have I missed any best personal finance books for college grads? Make a comment so that I can add the best money books for college graduates ASAP if I have missed any.
When you have found this blog post helpful, do share the best money books for college students with your college mates that will help them to learn the ins and outs of personal finance.