He told CNBC in February, that the premise of the book is that we exchange our time for money. “When you start thinking about how many hours of your life it took to save up the money to buy something, you really start thinking twice about your purchases,” says Grant, who goes by his first name exclusively.
As he shared on his blog, “You can only make so much money at any career, investing is truly the key to wealth.”Grant has refined his list of 360 books to just seven books he believes will not only make you richer, but also enrich your relationship with money, period.
Grant: “This book will help you re-examine your job, your priorities, and how you think about money. It will also help you establish the precise habits that are essential to building wealth.”
Grant: “I was blown away to learn that most millionaires are the people that you don’t expect – they are more likely to live in modest houses and drive old cars. The reason that they are millionaires is because they saved, invested, and live below their means. This book analyzes habits of millionaires so you can learn how to build them too.”
Grant: “[This book] teaches you about everything you need to know about investing and making smart money decisions – saving, investing, insurance, taxes, how to save money shopping, and tons of other topics. The advice is practical and all of author Andrew Tobias’ ideas are valuable. “He’s also super funny which make the book easy to read – not like stupid funny, I literally laughed out loud more than few times.”
Grant: “If you read one book on investing read The Bogleheads’ Guide to investing. This is especially true of millennials – since we are young enough to truly harvest the gains and power of compound interest. “…This book explains the power of index funds and makes a compelling case for an investing strategy that is both practical and will make you money over time.”
Grant: “This book is a monster (649 pages), but if you want to invest in individual stocks then you need to read The Intelligent Investor. It is widely regarded as the best book on stock investing ever written and is the book that most influenced Warren Buffet and generations of successful value based stock investors.”
Grant: “This is by far the best book I have ever read on real estate investing. If you are planning to buy a house, condo, or investment property in the near future then you need to read this book. It is specifically written for new real estate investors and will help you learn the foundations for building and growing a profitable real estate portfolio.”(P.S.: This is one of our favourite reads too!)
Grant: “Tim Ferriss, the author of the 4 Hour Workweek, has singlehandedly launched the live anywhere digital nomad lifestyle.” “…Tim Ferris is a generational pioneer… “…Learn how to build an online business from one of the field’s masters.”