6 Passive Income & Money Books For Millennials!
One common trait among many of the richest people in the world is that they love to read. I used to hate reading. However, once I got into it, I realized that books can change your whole mentality. The amount of information that goes into them is astounding. It is essential for reading someone’s thoughts that were transcribed onto paper. As much as I love that you all come to my website and read my content.
I would strongly suggest adding a bit of additional reading to your life the form of books! There are many different books that various perspectives. I wouldn’t be doing my job if I didn’t show you various ways to improve your income and your mind simultaneously!
Contents
| 1. How To Make $100,000 | 2. Passive Income: 10 Proven Methods |
| 3. Dirt Rich | 4. The Intelligent Investor |
| 5. The 4-Hour Work Week | 6. Your Money Or Your Life |
1. How To Make $100,000 Per Year In Passive Income And Travel The World
A book by Chase Andrews where he teaches you how to make copious amounts of passive income. This book serves as a step by step guide. This is because he gives you 14 strategies that many people are currently taking advantage of! These strategies focus on making your income gradually increase. Therefore, you will have more time to travel and see the world! What’s amazing about this book is that the author isn’t just using his own personal experience.
Author Chase Andrews actually travel led the world, meeting and interviewing various people who have steady streams of a passive income! The information in this book is accumulated from many different people who may have been in the same situation you are currently in! Therefore, give How To Make $100,000 Per Year In Passive Income And Travel The World a look!
2. Passive Income: The Proven 10 Methods To Make Over 10k A Month In 90 Days
Passive Income was written by Mark Thomas. This book gives a more holistic view of what passive income is. It starts off by explaining what exactly passive income is for those who are still unsure. Once that is all done and out of the way, Mark provides 10 proven ways that many people have created lucrative streams of income! However, he does more than just tell you what they are.
Mark goes into greater detail about what exactly each step entails and how do go about doing it. Furthermore, he explains how you can use that initial money to eventually create a snowball effect with your income. Where it keeps increasing without any sign of stopping!
3. Dirt Rich: How One Ambitiously Lazy Geek Created Passive Income in Real Estate Without Renters, Renovations, and Rehabs
This one is for all the real estate lovers. Dirt Rich tackles how to make money through real estate without the headaches that are associated with it. Some of you may be a bit confused as to how you can make passive income without renters. Mark Podolsky explains his method on how you can earn money passively through raw land investment.
Not only does he show you the positives, but Mark also focuses on common mistakes and disadvantages. By doing this, he leaves the reader more informed before making their decisions! Buy and selling houses may not be for everyone. However, raw land investing may be exactly what you need to boost your income!
4. The Intelligent Investor: The Definitive Book on Value Investing
Another way many people can acquire passive income and become rich is through investing. Often regarded as the holy grail of books for stock investing, The Intelligent Investor is incredible. Although it is a fairly long read, the book is well worth it. This book has influenced many wealthy investors, such as Warren Buffet. The book serves as a template of sorts. Author Benjamin Graham outlines his method of determining the value of a stock.
This information is intended to help the reader make an educated decision when deciding to buy individual stocks! Another reason why this book is so spectacular is that it tells you everything you need to know about stocks. It is a book that I often refer back to because it is one of those books where you can read it multiple times. However, every time you read it, you learn something new. Need more information on stocks? Check our Stocks Page!
5. The 4-Hour Workweek: Escape 9-5, Live Anywhere, And Join The New Rich
The 4-Hour Workweek by Time Ferris is an extremely well-known book. This book has been revered by many investors and financial gurus. This is because The 4 Hour Workweek describes how many people want to live their life, with more money and time. 90% of the people I know say they want to live their life and travel the world. Those very same people all have the same reason for why they can’t, financial instability.
Most people we know work 9 – 5 and have 2 -3 weeks vacation. Even if you were to spend those 3 weeks sitting on the beach, that’s only 3 out of 52 weeks. Tim Ferris is a genius because he went from working all the time to only working sometimes. Tim explains how he made his lifestyle more efficient to the point where his income truly became passive. So much so that he wasn’t even needed anymore in order to be successful. The perfect book for a millennial.
6. Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018
If you are anything like I was, saving money is a major problem. I would spend much more money than I would make and this put me in such terrible situations. However, any problems I or you may have with money can usually be attributed to our habits. This book does a spectacular job by helping you identify what kind of money negative money habits you have. Furthermore, Authors Joe & Vicki share 9 steps that can help you fix these poor habits.
The key to becoming successful is to identify what tendencies are holding you and fixing them. This is where Your Money Or Your Life shines. The authors do a commendable job by helping the reader reevaluate their job, priorities, and mindset towards money. Furthermore, this book helps you build more positive habits that will astronomically increase your chances of becoming wealthy and financial savvy.
Shameed is just a man on a mission to help those around him gain financial success. Obsessed with writing about all things finance, this GTA native is constantly learning and sharing his experiences with others.
