Want to knock out one New Year’s resolution with another? Fix your finances by reading more. We asked NerdWallet’s money experts what books they recommend for achieving common financial goals. Peruse their responses below to find your first read.
To save more, read: “Your Money or Your Life,” by Vicki Robin and Joe Dominguez with Monique Tilford.
“It’s especially helpful for people who want to retire early or simplify their lives, but its basic strategies — including how to view spending in terms of the time it costs you to earn the money — are helpful for anyone who wants to get smarter about money.”
— Liz Weston, personal finance expert
To spend less, read: “Cut Your Grocery Bill in Half With America’s Cheapest Family,” by Steve and Annette Economides.
“Their knowledge and fun approach to grocery shopping comes across in their book. It’s an enjoyable read that will teach you savvy shopping techniques so you can spend less on food and become a more informed consumer.” — Courtney Jespersen, consumer savings expert
To stick to a budget, read: “You’re So Money,” by Farnoosh Torabi.
“Farnoosh understands we can’t live completely without luxury, so she offers ways to still enjoy life while cutting back in areas that aren’t as important to us. Her ideas about shopping for clothes and makeup were especially useful to me; she points out that you can invest in a few nicer items and then be super-frugal on other basics.” — Kimberly Palmer, personal finance expert
To start investing, read: “If You Can: How Millennials Can Get Rich Slowly,” by William Bernstein.
“It’s aimed at people investing for long-term goals, like retirement. Bernstein doesn’t shy away from some of the hurdles to successful retirement investing, including our all-too-human penchant for short-circuiting our own finances. He writes that the ‘if’ in the book’s title is the most important word.” — Andrea Coombes, investing specialist
To buy a house, read: “100 Questions Every First-Time Home Buyer Should Ask,” by Ilyce Glink.
“There are a lot of ‘how to buy a home’ books, and most of them miss the mark in some fashion. Either they have a lecturing tone that feels unsympathetic, or they are for wannabe landlords. Glink empathizes with the reader, never talking down. She writes about her own experiences, making them relatable to the reader.” — Holden Lewis, research analyst and home expert
Laura McMullen writes for NerdWallet, a personal finance website.