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The 10 Best Financial Literacy Books

Financial literacy is an important skill to have, no matter where you live in the world. But as a Canadian, it’s especially crucial to have a strong understanding of financial concepts and strategies. After all, we live in a country with a strong economy, high standard of living, and access to a wide range of financial products and services.

So, without further ado, here are the top 10 financial literacy books:

1. “The Wealthy Barber” by David Chilton

This classic Canadian personal finance book has been helping people learn about money management for over 25 years. It’s written in a lighthearted, conversational style. This makes it an enjoyable and easy read.

2. “The Total Money Makeover” by Dave Ramsey

This book is all about getting out of debt and building wealth. It’s packed with practical advice and proven strategies for improving your financial situation.

3. “Rich Dad Poor Dad” by Robert Kiyosaki

This international bestseller has inspired millions of people to think differently about money and how to build wealth. It’s a great read for anyone looking to get a different perspective on financial success.

4. “The Millionaire Next Door” by Thomas J. Stanley and William D. Danko

This book debunks the myth of the wealthy being flashy and extravagant, and instead shows that most millionaires are actually quite frugal and disciplined with their money.

5. “Your Money or Your Life” by Vicki Robin and Joe Dominguez

This book is all about aligning your financial decisions with your values and goals. It’s a great read for anyone looking to take control of their finances and live a more meaningful life.

6. “The Simple Path to Wealth” by JL Collins

This book is a must-read. It’s in a straightforward and easy-to-understand style, making it accessible to readers of all levels of financial literacy.

7. “The Intelligent Investor” by Benjamin Graham

This book is a classic in the world of investing. It is a must-read for anyone looking to build wealth through the stock market. We also featured it on our 18 Best Investing Books List and it is our favorite book at!

8. “The Bogleheads’ Guide to Investing” by Taylor Larimore, Mel Lindauer, and Michael LeBoeuf

This book is a great resource for anyone looking to learn about low-cost, passive investing. It’s written by a group of experienced investors known as the “Bogleheads,” who are named after Vanguard Group founder John Bogle.

9. “The Little Book of Common Sense Investing” by John C. Bogle

This book, also by the founder of Vanguard Group, is a great introduction to the principles of low-cost, passive investing. It’s a quick and easy read that will give you a solid foundation in investing.

10. “The Millionaire Fastlane” by MJ DeMarco

This book is all about creating wealth through entrepreneurship and innovative thinking. It’s a great read for anyone looking to take a more unconventional approach to building wealth.

There you have it – the top 10 financial literacy books for Canadians. Whether you’re just starting out on your financial journey or are well-established in your career, these books are sure to provide valuable insights and strategies for improving your personal financial situation. Happy reading!