top of page
  • Writer's pictureNovel Nest

Saving Money Is Outdated, Read These Books To Learn What The Rich Are Doing

Unsplash: Travis Essinger

No bullshit.

Let's be frank, we all innately know it.

The Great Lie we've been told about ''Saving Money''

Short anecdote before the Booklist

Imagine this…

At 8 am, driving to work in your Grey Nissan Altima, constantly being careful not to accelerate too much just to save on a few dollars of fuel…

Thinking to yourself, ''Okay, car loan payment this month is $830 and if I add my rent of $1900 and my utility bills of $430, that leaves me withhh…''

Is this really it?

Is this what ''saving money'' all your life has led up to?

'Cause uptown funk gon' give it to you

Saturday night, and we in the spot

Don't believe me, just watch, come on!

A Bruno Mars song blasts loudly from speakers.

Slightly annoyed you turned to check

A sleek open-top yellow Ferrari 7 pulls up right by you, behind the wheel is a young man in his late 20s. He turns to you, gives you a cheeky smile and off he goes.

I know the first thing that comes to your mind definitely isn't…

He must've diligently saved up his money for years to afford his lifestyle now!

The rich knows something we don't and if we are serious about wanting to become rich, we have to humble ourselves and learn from those willing to share the ''truth'

With that, I present you 3 books that will teach you everything you need to know about financial freedom.

This post features Amazon affiliate links, which means I may earn a small commission if you make a purchase through these links.

Rich Dad Poor Dad is, without hesitation, one of my favorite books on the topic. It delves into detail on "What the Rich Teach Their Kids about Money That the Poor and Middle Class Do Not."

In the book, Robert completely reverses everything I thought was conventional wisdom about money.

Yes, you heard me right, EVERYTHING.

Robert makes seemingly absurd claims that he then perfectly explains.The amusing aspect is that these notions are 'common sense' for the wealthy. With game-changing advice and actionable steps, before long, I was on my way to financial freedom.

Here are some of my favorite quotes from the book:

"People who avoid failure also avoid success."

"The love of money is the root of all evil, the lack of money is the root of all evil."

"I find so many people struggling, often working harder, simply because they cling to old ideas. They want things to be the way they were; they resist change. I know people who are losing their jobs or their houses, and they blame technology or the

economy or their boss. Sadly they fail to realize that they might be the problem. Old ideas are their biggest liability. It is a liability simply because they fail to realize that while that idea or way of doing something was an asset yesterday, yesterday is gone."

The best way to describe "I Will Teach You to Be Rich" is as a paradigm-shifting book.

Designed as a six-week program, the book directs you to execute actionable measures after the completion of each week.

It provides in-depth secret "hacks" the rich use on the daily, like how to "outsmart"

banks, regulate your credit cards, invest wisely, spend consciously, and much more.

As I read through the book, I felt a chill down my spine.


I could have easily remained unaware of these "money hacks" until I found myself on my deathbed.

I just wished someone had told me about this extraordinary book sooner.

Here are some of my favorite quotes from the book:

"Conscious spending isn't about cutting your spending on everything. That approach wouldn't last two days. It is, quite simply, about choosing the things you love enough to spend extravagantly on - and then cutting costs mercilessly on the things you don't love."

"The single most important factor to getting rich is getting started, not being the smartest person in the room."

"In the end, managing your finances well is a lot like developing a strong personal productivity system: You keep track of everything without making it your full-time job; you set goals; you break them down into small bite-size tasks; you save yourself time by automating manual work; and you spend your time and brainpower focusing on the big picture. That's what I try to do with my time and money."

If you're even remotely interested in financial freedom and have done some reading, I'm certain you've come across this book title.

What sets this book apart from other "finance books" is that it's rooted in in-depth research and discussions with some of today's most renowned investors, like John Bogle, Warren Buffett, Paul Tudor Jones, Ray Dalio, Carl Icahn, and numerous other prominent figures.

With hundreds of hours of interviews and research

Distilled into 7 simple steps

This is one of those books I can't stop recommending to my close friends because of how much it has helped me in my financial journey.

Here are some of my favorite quotes from the book:

"Life isn't about waiting for the storm to pass; it's about learning to dance in the rain. It's about removing the fear in this area of your life so you can focus on what matters most."

"The secret to wealth is simple: Find a way to do more for others than anyone else does. Become more valuable. Do more. Give more. Be more. Serve more."

"Remember: we all get what we tolerate. So stop tolerating excuses within yourself, limiting beliefs of the past, or half-assed or fearful states. Use your body as a tool to snap yourself into a place of sheer will, determination, and commitment. Face your challenges head on with the core belief that problems are just speed bumps on the road to your dreams. And from that place, when you take massive action - with an effective and proven strategy - you will rewrite your history."


Have you read these books? What are your thoughts on them?

If you enjoyed these book recommendations, check out more similar list on my on my blog -


bottom of page