Giving gifts to your friends is perhaps the most soothing experience that you can ever experience. For both you and the receiver, it shows how much you love and care about them. However, the ‘traditional gifts’ like gadgets, clothes, and shoes may go out of fashion after a year or two. But when you gift someone a book, you are instilling him with the knowledge that is likely to stay forever.
In this era of the internet, you and your friends may find bits of information online. Be it on apps, websites, or social media platforms. But none of the information can possibly equate with a well-researched and thoroughly analyzed book. That is why, it is a worthwhile idea to gift your friend a book. However, it is better if the books are related to personal development and personal finance. If you have made up your mind to gift your friend a personal development and self-motivating book, we have got a list of 4 books for you. Choose either one!
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Poor Dad Rich by Robert Kiyosaki by Michael LeBauf
Robert Kiyosaki’s Rich Dad Poor Dad is perhaps one of the best personal development books of all time. Kiyosaki is of the belief that everyone can become a millionaire regardless of his status, background, and even current salary. He explains that most people are trapped in “The Rat Race” of 9-5 jobs and they spend their whole lives without figuring out their potential.
Since schools do not teach personal finance, Rich Dad Poor Dad is a must-read book today. So, enlighten your friend with the insights of Kiyosaki and let him be financially independent.
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The Boglehead’s Guide to Investment By Michael Le Boeuf
It is most common that investment is one of the tried and trusted ways to double up your wealth. Kicking off a new year with the resolution of laying ounces on investment can be a great idea. But you need to know all the ins and outs and do’s and dont’s of investment prior to plunging into it.
This is where The Boglehead’s Guide to Investment, which is co-authored by Michael Le Boeuf and Taylor Larimore, comes into play. The book offers a step-by-step guide to investment. If this is where your friend is looking at, gift him this classic book and witness him achieving his dreams.
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The Millionaire Next Door: The Surprising Secrets of America’s Wealth By Thomas Stanely
The Millionaire Next Door is one of the masterpiece books of personal finance. Written by Thomas Stanley, it gives a detailed and elaborative touch to the nature, utility, and functionality of money. Likewise, it explains the step-by-step guides to becoming a millionaire.
Originally published in 1997, The Millionaire Next Door is a classic book that analyzes different millionaires across the US. It compares and contrasts the commoners and the ones who are financially successful and are millionaires. Through the lens of the critical approach, it sees how millionaires are different from common people. Stanley terms the millionaires “UAWS” and calls the commoners “PAWS.”
With that said, if you are looking to gift your friend a book, consider The Millionaire Next Door. None of you will regret the present as this classic book will instill a long-lasting financial knowledge in your friend.
- As a bonus gift book, consider I Will Teach You to Be Rich by Ramit Sethi as well.