This can serve as a stepping stone before moving to more detailed books. However, remember that this book wouldn’t fit someone who already understands personal finance and complex investing. His conversational tone makes it easy to complete this 224-page book that was originally published in 2014.īanerjee provides some concrete advice in the book and we also liked the use of his personal stories. He understands the types of issues new investors face and has done a good job of covering concepts in simple words. For instance, it skips over different buzzwords and concepts for clear comprehension.įounder of, Banerjee has experience working as a columnist and wealth management consultant. As one of the hottest-selling personal finance books in Canada, it suits readers who don’t know much about personal finance. Written by Preet Banerjee, Stop Over-Thinking Your Money! scored 3.8 on Goodreads with some very good reviews. Stop Over-Thinking Your Money!: The Five Simple Rules of Financial Success Further, it delves into the importance of understanding your financial habits and mindsets. It speaks to the power of frugality and intelligent investing.

Chronicling their journeys from childhood poverty to self-made millionaires in their 30s, Quit Like a Millionaire hits home. Its witty and thought-provoking take on a financial counter-culture called FIRE (Financial Independence, Retire Early) sets it apart. In short, you cannot afford to skip this must-read. They frame their lessons around RRSPs, TFSAs and financial tools that give you simple, actionable strategies to use right now. Kristy and Bryce dig into Canada’s tax, retirement and investment system. As such, it gives a no-BS approach to managing money, building wealth and achieving financial independence. Much more than a sassy page-turner, this memoir serves as a practical guidebook with a step-by-step. It speaks in particular to Millennials and younger generations. Quit Like a Millionaire, penned by Canada’s youngest retirees, Kristy Shen and Bryce Leung, is hands down the best personal finance book in Canada. Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required So, without much ado, let’s look at our 31 best Canadian personal finance books in no particular order. While personal finance laws don’t change based on your location, examples and investment tips provided by foreign authors may not work for Canadian investors. In this article, we’ll have a look at the best personal finance books in Canada based on factors such as knowledge and ease of reading. We have only included books where at least one of the authors is Canadian to ensure they suit the Canadian market. You only need to find a book that’s tailor-made for you. Moreover, reading can relax you and change your perspective based on new insights.

Most importantly, pick the right book so that you can enjoy all the benefits its contents has to offer.īooks impart knowledge but they can also help improve focus, memory and retention. Some are written for experts, some for new investors and others for people who just want to gain knowledge. Even controversial personalities like Elon Musk and Mark Cuban identify as avid readers.īooks can teach you so much from how to manage your personal finance to where to invest money. Meanwhile, Warren Buffet, one of the world’s most successful investors, reads about 500 pages a day. This figure pales in comparison to how many successful people read the best personal finance books for Canadians.Īccording to reports, Microsoft founder Bill Gates reads about 50 books a year. Reading ranks as one of the most popular hobbies in Canada with more than 80 percent of Canadians claiming to have read at least one book in the last 12 months. Do you know the difference between successful people and unsuccessful people? Successful people read books.

Personal finances books