Top 10 Books on Housing and Personal Finance

Top 10 Books on Housing, Real Estate, and Personal Finance

Books, while old-school, remain one of the best ways to learn. They are simple to navigate (thank you, Table of Contents), easy to put down and also pick up, convenient for tracking your progress (bookmark, anyone?), and more thorough than the average video. They also promote long-term knowledge as opposed to temporary entertainment.

In regards to the topic of housing, real estate, and personal finance, the subject has something to offer everyone. After all, what’s more universal than money, property, and the idea of home? Whether you deal with numbers every day, are curious about this housing “bubble” that everyone keeps talking about, want to improve the world, or want to eventually buy your own home, you can take something away from this diverse, complex, and yet undeniably personal subject.

So, if the last book you read that was related to housing was “The Old Woman Who Lived in a Shoe,” you have quite a bit of catching up to do. But, never fear, we at SYO Mortgage are here to help by providing you with our Top 10 Books on housing, real estate, and personal finance. Happy reading!

Memoirs

The Glass Castle

Housing insecurity isn’t black and white. By taking a look at the real-life accounts of journalist Jeannette Walls, you can start to unravel the scary, humorous, and at times bittersweet feelings of what it’s like to not know where “home” will be tomorrow.

The Glass Castle details the story of Jeannette Walls and her family. Constantly short on cash and food, the family moves around the country frequently and tries to re-settle. 

Because their parents are unreliable, the Walls children learn to take care of themselves. They feed, clothe, and protect one another, and eventually make their way to New York. Their parents follow them, choosing to be homeless even as their children prosper.

Follow Jeannette’s journey as she reconciles her past and present and finally allows herself to do what she enjoys most about writing: communicating with the world.

Nonfiction

Too Big to Fail: The Inside Story of How Wall Street and Washington Fought to Save the Financial System — and Themselves

“Those who do not learn history are doomed to repeat it.” – George Santayana

Find out exactly what went down during the financial crash of 2008 in this gripping financial narrative. The brilliantly reported New York Times bestseller goes behind the scenes of the financial crisis on Wall Street and in Washington to give the definitive account of the crisis.   

Through unprecedented access to the players involved, Andrew Ross Sorkin re-creates all the drama and turmoil of these turbulent days.

 

 

 

 

The Big Short: Inside the Doomsday Machine

Learn from the “winners” – those who were able to predict the credit and housing bubble collapse. By analyzing market data, four outsiders of the finance industry managed to profit from the massive financial fallout that sent America and Europe reeling. While the smart people who understood what was happening were paralyzed by hope and fear, four individuals used the bond and real estate derivative markets to come out on top.

 

 

 

 

 

Black Edge: Inside Information, Dirty Money, and the Quest to Bring Down the Most Wanted Man on Wall Street


This is the story of how billionaire trader Steven Cohen used his wizard-like stock trading skills to create a billion dollar hedge fund company, and how it eventually led to the largest insider trader investigation in history.

Rather than buying oil, building railroads, or inventing new technology, Cohen made his fortune placing bets in the market. Bets which just happened to turn out to be right more often than wrong. Nowadays, hedge funds oversee more than $3 trillion in assets, and the competition between them is so fierce that traders will do whatever they can to get an edge.

In Sheelah Kolhatkar’s Black Edge, follow the rise of Cohen’s pioneering hedge fund company, a sprawling, seven-year investigation, and how it raises urgent and troubling questions about the power and wealth of those who sit at the pinnacle of modern Wall Street.

Freakonomics: A Rogue Economist Explores the Hidden Side of Everything

Why are things the way they are? Sometimes, contrary to our ideas of the world, common sense, and life as we know it.

This is the subject that Steven D. Levitt and Stephen J. Dubner tackle in the book Freakonomics – riddles of everyday life — from cheating to crime to sports to child rearing — and the conclusions they come to using sometimes basic, sometimes complicated economics.

With descriptive storytelling and dry humor, they demonstrate what economics really is: the study of how people get what they want, or need, especially when other people want or need the same thing. 

 

Resources

The Barefoot Investor: The Only Money Guide You’ll Ever Need

 

*Disclaimer: Written for an Australian audience. Certain terms may not have the same name in the U.S.

Instead of being overwhelmed with a bunch of ‘tips’ or a strict budget (that you won’t follow), get a step-by-step formula: open this account, then do this; call this person, and say this; invest money here, and not there. All with a glass of wine in your hand.

Find out how you can save up for a six-figure house, double your income, pay off your mortgage 7 years faster, and retire with plenty of savings to spare.

 

 

How I Made $2,000,000 In The Stock Market


With only a forged exit visa and fifty pounds sterling, Nicholas Darvas fled Hungary when he was 23 to find new opportunities. While working as a dancer, he began reading up on the market. After selling and profiting from a couple of stocks that had been hitting their 52-week, he documented his techniques in the book, How I Made 2,000,000 in the Stock Market. The book describes his unique “Box System,” which he used to buy and sell stocks.

 

 

 

 

The Millionaire Next Door: The Surprising Secrets of America’s Wealthy

Imagine a millionaire.

What kind of car do they drive? What do they do for a living? How much financial knowledge do they possess? And how did they get rich?

While you might picture a lavish and opulent lifestyle, a job that pays at least 6-figures, and a financially-savvy mind behind it all, most millionaires aren’t actually like this.

In The Millionaire Next Door, Dr. Thomas J. Stanley identifies seven common traits that show up again and again among those who have accumulated wealth. Most of the truly wealthy in this country don’t live in Beverly Hills or on Park Avenue-they live next door. 

Find out the things that self-made millionaires share and how you too can become the “millionaire next door.”

You Are a Badass at Making Money: Master the Mindset of Wealth


In You Are a Badass at Making Money, bestselling author Jess Sincero helps you overcome the fears and stumbling blocks that have kept financial success beyond your reach. Using her token mix of sass and practicality, she combines hilarious personal essays with bite-size concepts to help you unlock your natural earning potential. 

 

 

 

 

 

The Total Money Makeover: A Proven Plan for Financial Fitness


Instead of promising quick fixes, Ramsey offers a bold, no-nonsense approach to money matters. His book provides not only the how-to, but also real hope for getting out of debt and achieving total financial health.

Ramsey debunks the many myths of money and attacks the illusions and downright deceptions of the American dream, which encourages nothing but overspending and massive amounts of debt. 

“Don’t even consider keeping up with the Joneses,” Ramsey declares in his typically candid style. “They’re broke!”

 

Rich Dad, Poor Dad


Robert Kiyosaki grew up with two dads — his real father and the father of his best friend, his rich dad. One man was well educated and an employee all his life; the other simply relied on “street smarts” and was a path one of entrepreneurship…a road that eventually led him to become one of the wealthiest men in Hawaii. In contrast, Robert’s poor dad struggled financially all his life. 

These two dads—these very different points of view of money, investing, and employment—have continued to shape Kiyosaki’s thoughts about money and investing. 

In Rich Dad Poor Dad, Robert Kiyosaki teaches you to see the world of money from different perspectives, and discusses the shift in mindset that can put you on the road to financial freedom.

 

 

Hopefully, these books bring you as much humor, knowledge, inspiration, and independence as they brought us. However, if you require a more personal touch, feel free to reach out to us at Shop Your Own Mortgage.