8 Best Books on Finance for Moms to Help You Manage Money Wisely

Share this post!

Money is one of the biggest sources of stress for mothers. In fact, a study by Merrill Lynch showed that 73% of women feel stressed about money at least some of the time. If you're one of those moms feeling overwhelmed by your finances, don't worry – you're not alone. But it's important to take steps to manage your money wisely so you can relax and enjoy life with your family. Check out our list of the 8 best books on finance for moms!

1. Live. Save. Spend. Repeat.: The Life You Want with the Money You Have by Kim Anderson

If you're looking for a practical guide to wealth, work, and balance as a mother, then this is the book for you. Kim Anderson provides readers with actionable advice on how to create financial stability and achieve their goals. This book is perfect for mothers who want to get their finances in order but don't know where to start.

Note: This post may contain affiliate links, which means if you buy from my link I might make a small commission. This does not affect the price you pay. See the full affiliate disclosure here.

Some of the best takeaways of the book:

-Start with a budget: This may seem like an obvious piece of advice, but it's important to start with a budget if you want to get your finances in order. By creating a budget, you'll be able to see where your money is going and make adjustments accordingly.

-Invest in yourself: Anderson emphasizes the importance of investing in yourself and your own education. By investing in yourself, you'll be able to provide more value to your family and future generations.

2. The Wealthy Barber Returns by David Chilton

If you're a fan of the classic book, The Wealthy Barber, then you'll love The Wealthy Barber Returns. In this book, author David Chilton provides readers with updated information on how to save money and invest wisely. This is a great book for mothers who want to update their financial knowledge and learn about the latest investment strategies.

Some of the best takeaways of the book:

-Save automatically: One of the best ways to save money is to have it taken out of your paycheck automatically. This way, you won't be tempted to spend it on other things.

-Start investing early: The sooner you start investing, the better. By investing early, you'll be able to take advantage of compound interest and grow your wealth over time.

-Don't put all your eggs in one basket: It's important to diversify your investments so you're not putting all your eggs in one basket. This will help minimize risk and maximize returns.

3. Smart Women Finish Rich by David Bach

In this book, author David Bach provides readers with a step-by-step guide to creating financial security. This book is perfect for mothers who want to take control of their finances and create a bright future for themselves and their families.

Some of the best takeaways of the book:

-Create multiple streams of income: Diversifying your income is a smart way to protect yourself financially. If you have multiple streams of income, you'll be less likely to feel the financial pinch if one of them dries up.

-Pay yourself first: It's important to make sure you're putting aside money for yourself before you pay your bills. This way, you'll be able to build up your savings and reach your financial goals.

4. Your Money or Your Life by Vicki Robin

In this book, authors Vicki Robin and Joe Dominguez provide readers with a new way to think about money. This book is perfect for mothers who want to learn how to align their finances with their life goals.

Some of the best takeaways of the book:

– Track your expenses: Knowing where your money is going is an important first step in taking control of your finances. By tracking your expenses, you'll be able to see where you can cut back and save money.

– Make a plan: It's important to have a plan for your finances so you know where you're going and how to get there. Without a plan, it's easy to get sidetracked and make financial decisions that don't align with your goals.

– Live below your means: One of the best ways to save money is to live below your means. This doesn't mean you have to live a life of deprivation, but it does mean being mindful of your spending and making sure you're not overspending.

5. The Automatic Millionaire by David Bach

In this book, author David Bach provides readers with a simple way to become a millionaire. This book is perfect for mothers who want to learn how to save money and reach their financial goals.

Some of the best takeaways of the book:

– Automate your finances: One of the best ways to save money is to automate your finances. This way, you won't have to think about it and you'll be more likely to stick to your budget.

– Invest in yourself: Another key to becoming a millionaire is to invest in yourself. This means taking the time to learn about money and investing so you can make the most of your money.

6. Pay It Down! by Jean Chatzky

In this book, author Jean Chatzky provides readers with a plan to get out of debt. This book is perfect for mothers who want to learn how to pay off their debts and improve their financial situation.

Some of the best takeaways of the book:

– Make a plan: The first step to getting out of debt is to make a plan. This means identifying your debts and creating a plan for how you're going to pay them off.

– Focus on your goals: It's important to keep your eye on the prize and focus on your financial goals. This will help you stay motivated and on track as you work to get out of debt.

– Be patient: Getting out of debt takes time, so it's important to be patient. Don't get discouraged if you have a setback, just keep working towards your goal and you'll eventually reach it.

7. The Total Money Makeover by Dave Ramsey

In this book, author Dave Ramsey provides readers with a plan to get their finances in order. This book is perfect for mothers who want to learn how to save money, get out of debt, and build wealth.

Some of the best takeaways of the book:

– Make a budget: One of the most important steps to taking control of your finances is to make a budget. This will help you see where your money is going and where you can cut back.

– Get out of debt: Another key step to financial success is to get out of debt. This book provides a plan for how to do that so you can start building wealth.

8. You're So Money by Farnoosh Torabi

In this book, author Farnoosh Torabi provides readers with a new way to think about money. This book is perfect for mothers who want to learn how to save money and make smart financial decisions.

Some of the best takeaways of the book:

– Think like a millionaire: One of the best ways to save money is to think like a millionaire. This means being mindful of your spending and making sure you're only spending money on things that are truly important to you.

– Live below your means: One of the best ways to save money is to live below your means. This doesn't mean you have to live a life of deprivation, but it does mean being mindful of your spending and making sure you're not overspending.

Managing your family’s finances can feel like a daunting task, but it doesn’t have to be. These eight books on finance for moms will help you get started and make the most of your money. Check out our other articles for more tips and advice on how to achieve financial freedom for you and your loved ones.

Share this post!

Similar Posts