I want better money habits

Library · Reading path · 4 books

Who it is for

For people who know what they should do with their money but cannot keep it up.

What you will learn

How habits form, why good intentions fail and how to automate saving, investing and getting out of debt.

Why this order

First the general method for building habits, then why they fail with money and, finally, two concrete systems: automation and getting out of debt.

  1. Atomic Habits

    James Clear. Reading: Easy. Finance level: Beginner.

    The general method: systems instead of goals and an environment that makes the good habit easy.

  2. Misbehaving

    Richard H. Thaler. Reading: Moderate. Finance level: Intermediate.

    Explains why saving intentions fail and how automatic contributions fix it.

  3. I Will Teach You to Be Rich

    Ramit Sethi. Reading: Easy. Finance level: Beginner.

    Applies automation to your accounts: saving and investing happen on payday by themselves.

  4. The Total Money Makeover

    Dave Ramsey. Reading: Easy. Finance level: Beginner.

    If you have debt, a clear order to clear it before investing.

If you already know some of it

If you have no expensive debt, step 4 is optional.

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