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Not sure what to get someone for the holidays? How about giving the greatest gift of all, Financial Knowledge! It’s truly a gift that keeps giving, with interest. 

Here’s a list of some of the top finance books available that would make a great present.

Rich Dad, Poor Dad by Robert Kiyosaki

This book has been around for a while now, but it’s quite possibly one of the best overviews on wealth building. It deals less with specific moneymaking strategies and more with the mindset that is necessary to achieve great wealth.

Author, Robert Kiyosaki builds on his early life experience as a child of a well-educated, high income, but perpetually broke father, in comparison to the father of his best friend, who was poorly educated, but a multimillionaire.

Kiyosaki chronicles the differences in financial philosophy between his natural father, and his wealthy model father, a.k.a., his rich dad. His poor dad works for a living, but never acquired a significant amount of wealth. His rich dad began accumulating money early in life and put it to work through income producing investments. Over time, his rich dad multiplied his wealth many times, while the poor dad remained a working individual for the rest of his life.

Kiyosaki followed the path of his rich dad and was able to retire comfortably at 47. The insights he shares in the book are priceless and well worth learning for anyone who aspires to be independently wealthy.

The New Buffettology by Mary Buffett and David Clark

The full title of the book is The New Buffettology: The Proven Techniques for Investing Successfully in Changing Markets That Have Made Warren Buffett the World’s Most Famous Investor - and that captures the essence of this book. Some investment gurus have had a hot hand for a few years, but Buffett’s investing career success spans decades, and his wisdom is timeless.

This book will show you how he’s been able to build what he has, which is to create long-term wealth in the stock market through value investing. And in case you’re wondering, author Mary Buffett is the former daughter-in-law of Warren Buffett.

The Intelligent Investor by Benjamin Graham

Topping Amazon's best sellers in finance list and recommended by Goodreads, this is a revised edition of a classic investment guide that's proven the timelessness of the wisdom it offers. Originally published in 1949, the text focuses on developing long-term investment strategies and avoiding significant errors. This is is the so-called philosophy of "value investing" populated by the author, Benjamin Graham.  

The book provides a historical perspective on investing and a comparison with current market conditions thanks to the commentary added in the new version. Get it for the historian in your life who likes collecting silver dollars. 

The Millionaire Next Door by Thomas Stanley and William Danko

This remarkable book gives you a top-down view of how people become millionaires, and how they stay that way. While the movie version of a millionaire is a fast-talking, hard living living man who dresses up like a bat at night, this book shows the more common American millionaire experience.

Warning: this book is likely to change your entire view of who millionaires are, and how they got there.

Most are ordinary folks, who live surprisingly unremarkable lives. They are typically employed or self-employed in relatively ordinary businesses. The key to their success is living beneath their means, investing conservatively, and avoiding debt. It’s not nearly as exciting as the TV version of the millionaire lifestyle, but it’s the way that it often happens, and is one of the strategies to become a millionaire.

Unshakeable by Tony Robbins 

Robins is one of the rock stars of investing, with sold out coaching classes, a store full of interactive lessons and many books, Robbins has turned smart investing into a religious experience. With his latest book, Robbins lays out for us how to become genius level investors step by step. Referred to as a "playbook" Robbins promises that it contains everything needed to start investing and become a power player in no time. 

This is an outstanding book to give to the beginner investors in your life, as Robbins exciting style will convince them that sometimes investing can have life or death stakes, and we all know that's when its the most fun. 

Option B by Sheryl Sandberg and Adam Grant

Sheryl Sandberg rose to the forefront of the feminist business world when she released her bestseller Lean In. It wasn't long after her book became a hit that tragedy struck her family. Her husband's death left a profound hole in her and their three kids lives. In Option B, Sandberg describes how she overcame the greatest test she ever faced, taking care of her kids while still leading one of the biggest companies on earth, while coming to terms with the death of the man she loved. 

Option B isn't by any means a fun or brisk read, but it will move you. Less about finance and more about people, Option B reminds us why we work so hard in the first place. 

Principles: Life and Work by Ray Dalio

Ray Dalio is one of the most iconic names in Wall Street for founding and running Bridgewater Associates for decades. Here, the legendary investor lets us into his mind, and what we see there may surprise you. Dalio's book is full of humanity, and a testament to what can occur when you run a business with that Dalio calls "Radical Transparancy."

Dalio espouses on the importance of humility in the book, and how he saw many colleagues lose their heads because they got too cocky or couldn't take criticism. Principles is the perfect choice for the family member that's brilliant but overconfident. 

 

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