8 Must-Read Books for Students to Become Rich In Life (2024)

FAQs

Which book should I read to become rich? ›

Think and Grow Rich

A winning formula for money-making success- Napoleon Hill's classic thirteen-step path to riches. Napoleon Hill, America's most beloved motivational author, devoted 25 years to finding out how the wealthy became that way.

It's more about becoming a common garden-variety rich. Wealthy enough that you don't have to worry about the price of anything you buy anymore. This book will teach you how to accumulate enough money to retire, or only work three days a week, or drink every night if that's how you wish to spend your time.

“How to Get Rich Before 30” is a motivational and practical guide aimed at young individuals aspiring to achieve financial success and independence early in life. This book emphasizes strategies, mindset, and specific actions that can help individuals build wealth and reach their financial goals before the age of 30.

"The Little Book That Builds Wealth provides a sensible framework for identifying companies that can sustain high returns on capital. Pat Dorsey tells the reader how to look for durable competitive advantage in choosing equities.

While becoming rich solely from writing books is rare, it is not impossible. Success stories like J.K. Rowling and Hugh Howey illustrate that with talent, dedication, and strategic planning, significant financial rewards can be achieved.

Bezos isn't the only one who has made reading a winning habit. From Warren Buffett to Elon Musk and Sara Blakely to Microsoft CEO Satya Nadella, life-long learners make reading a daily habit. A Harvard study found that top-performing CEOs (and most billionaires) read more books than average, up to four books a month.

The short answer to what happens if you invest $500 a month is that you'll almost certainly build wealth over time. In fact, if you keep investing that $500 every month for 40 years, you could become a millionaire.

What is 100 Things Millionaires Do book about? ›

100 THINGS MILLIONAIRES DO distills all the wisdom and knowledge of a lifetime of starting and selling businesses and coaching hundreds of wealthy leaders into 100 short chapters of advice on building and retaining sustainable wealth. This is not a get rich quick book.

Millionaire books can provide expert financial advice on how to become wealthier. Some of the highest-rated millionaire books include "The Simple Path to Wealth" by J.L. Collins, "The Millionaire Fastlane" by M.J. DeMarco and "The Bogleheads' Guide to Investing" by Taylor Larimore, Michael LeBoeuf and Mel Lindauer.

So, to the question, can you become a millionaire from writing a book? The direct answer is YES! I've worked with several millionaire authors and I am a millionaire author myself. So, if I say you can become a millionaire from writing a book, I know what I am talking about.

According to Pew Research, the typical American reads about four books a year. Compare that to the reading habits of American billionaire Bill Gates. He doesn't simply outpace an average reader, he's on an entirely different level; he powers through an astounding 50 books each year. That's about one book per week.

But, I have some connections who are billionaires and millionaires including my father as well. And, I found that all these people read or reading these books.