Money mindset books can be unknown to a lot of people. I have compiled 7 of my favourite books on money mindset to make it easier for you to gain the knowledge of expert authors in the field. These books have a wealth of learnings and insights, which will unlock the magic secret of money mindset and grow wealth.

Let us explore a brief outline of each 7 books and key insights to unlock the secret to money belief and transform your money belief.

1. The Science of Getting Rich by Wallace D. Wattles.
2. Think and Grow Rich by Napoleon Hill.
3. The Richest Man in Babylon by George Clason.
4. Redefine Wealth for Yourself by Patrice Washington.
5. The Compound Effect by Darren Hardy.
6. You² by Price Pritchett.
7. As a Man Thinketh by James Allen.

Money mindset books

 1. “The Science of Getting Rich” by Wallace D. Wattles

“The Science of Getting Rich” was written by Wallace D. Wattles and published in 1910. The book is a self-help classic encouraging many people to think differently about money.

The book is about the belief that by following specific ideas and practices, anyone can produce riches and abundance in their lives. Wattles contends that there is a “science” in becoming wealthy. 

He believed anyone may achieve their financial success by applying this science.

Wattles also presents the idea of “thought force.” It is the power of our thoughts and beliefs to shape our reality. Wattles claims that we can build a new reality for ourselves by changing our thoughts and beliefs about money.

The book provides recommendations and strategies to help readers apply these principles. Examples of these are setting clear financial goals, creating a mindset of abundance, and taking action to achieve those goals. 

The difference between this book is that Wattles exploded the thought that true wealth is not just about materialistic possessions. It is rather about living a fulfilling and meaningful life that is aligned with your values and purpose.

This book is thought-provoking and inspiring. It offers a unique perspective on creating financial success by shifting your mind. The insight in this book offers a wealth of knowledge regardless of where you are on your money journey.

4 Takeaways from the book “The Science of Getting Rich”

The power of our thoughts and beliefs to shape our reality. One of the key insights is the idea that your thoughts and beliefs have the power to influence your reality. By shifting your thoughts and beliefs about money, we can create a new reality for yourself.

The value of developing a mindset of abundance. Wattles believes the key to achieving financial success is developing a mindset of abundance. This means believing there is more than enough money for everyone. He also believes that you are deserving of abundance in your own life.

The importance of living a fulfilling and meaningful life. The book encourages readers to consider what true wealth and abundance mean to them, aligning with their values and passions. According to Wattles, this is the key to achieving financial success and abundance.

How Riches Come to You. Wattles explains that wealth comes to those who are in harmony with the laws of the universe. He argues that we can attract wealth by aligning our thoughts and actions with these laws.

2. Think and Grow Rich” by Napoleon Hill.

“Think and Grow Rich” is a personal development and self-help book written by Napoleon Hill and published in 1937. The book teaches the reader how to think positively and overcome obstacles in order to achieve success and wealth.

It also teaches the reader how to tap into their inner potential and achieve success through positive thinking and determination. It is a must-read for anyone looking to improve their mindset and achieve their goals.

The book is based on interviews with successful people and outlines 13 principles for achieving success which I have summarise into 4 takeaways,

4 Takeaways from the book “Think and Grow Rich”

Desire: Having a strong desire is crucial for success. It fuels your motivation and perseverance, especially during challenging times.

Faith: Believing in your ability to achieve your goals is important. Having faith helps you stay focused, motivated, and confident, even when facing difficulties.

Specialized Knowledge: Focus on developing and utilizing your unique skills and knowledge. Specialized knowledge is the key to achieving your goals effectively.

Persistence: Don’t give up easily. Successful people continue to pursue their goals despite challenges, failures, or setbacks. Persistence and determination are vital qualities for achieving long-term success.

3. The Richest Man in Babylon

“The Richest Man in Babylon” by George Clason is a classic book that includes essential financial lessons. The lessons are illustrated through a series of stories set in ancient Babylon. 

The book covers saving, investing, budgeting, and debt management topics. It also covers the topic of risk management and the importance of living within your means and investing wisely to create a cycle of wealth. 

The book has timeless principles. It is a popular book choice for those interested in personal finance and building wealth. It is an engaging and easy-to-read book and a must-read for anyone interested in improving their financial well-being.

All of its practical advice can be applied today, regardless of income level or financial goals.

4 Takeaways from the book “The Rich Man In Babylon”

Save at least 10% of your income: The book focuses on the importance of saving a part of your income each month. Clason advises saving at least 10% of their income. He suggests to put your money to work by investing it wisely and taking advantage of compound interest. This will help to increase your wealth. Check out this compound calculator tool to understand how compound interest is calculated.

Live within your means: The book emphasizes the importance of living within one’s means and avoiding debt. Clason advises you to control your spending by avoiding buying things they don’t need. By doing this, you can save more money and avoid going into debt. He also suggests not to put all your money in one place or investment.

The book discussed the importance of investing intelligently. Clason advises seeking expert advice and educating yourself on different investment options to create a cycle of wealth.

Protect your wealth: The book emphasizes the importance of risk management and protecting one’s wealth. Clason advises readers to avoid get-rich-quick schemes and to diversify their investments. When considering investments, the book suggests not putting all your eggs in the same basket, which means diversifying your investments to share the risk.

4. Redefine Wealth for Yourself

The book “Redefine Wealth for Yourself” by Patrice Washington is a great book to help you redefine your relationship with money and wealth. The way the book describes it is to consider your definition of wealth and move away beyond just material possessions and money.

Patrice Washington defined wealth as “an abundance of well-being in every area of your life.” The book emphasizes the importance of understanding your values, purpose, and beliefs when it comes to money. 

The author encourages you to assess their past experiences with money and identify any limiting beliefs or negative emotions you are attached to it.

The book also includes personal stories and examples from Patrice Washington’s own experiences with money. This makes it more relatable and easy to understand. In addition, she offers exercises and journal prompts to help readers reflect on their own experiences and beliefs about money.

The book is especially helpful for those who may feel stuck or overwhelmed with their current financial situation.

4 Takeaways from the book “Redefine Wealth for Yourself”

Focus on your health. Patrice Washington believes in prioritizing your health as a goal. Because she believes your health is a critical component of overall well-being and true wealth.  Washington, explain poor health can affect all other areas of our lives. For example, poor health can lead to financial stress due to medical bills or lost wages and emotional stress due to the impact on our mental and emotional well-being. It means by prioritizing our health, we can improve our quality of life in all areas and create a strong foundation for achieving true wealth

Prioritize the relationships. Patrice Washington believes relationships with loved ones should be at the top of the list for anyone pursuing wealth.  It helps create a sense of purpose and direction in life. She suggests that building relationships allow you to develop your purpose in life and work towards your goals while staying true to your values and beliefs.

Set up your life to support all your goals. According to Patrice Washington, it helps create a sense of balance and alignment between your actions and your goal.  By intentionally designing your life to support your goals, you are more likely to achieve them and feel fulfilled in the process. This means prioritizing your time and energy towards the actions and activities to achieve your goal. It also means having people in your life that align to help you achieve your goals.

She believes faith can help you find meaning and purpose in your failures. It would also provide the force and resilience needed to overcome them.  By relying on your faith, you can find the bravery to take calculated risks and follow your goals despite the possibility of failure.

5. The Compound Effect

The book “The Compound Effect” by Darren Hardy is motivational and a guide to achieve success in all areas of life. 

Hardy believes that building on small changes and shifts in your life will result in more sustainable results in the long-term. 

Additionally, it will lead you to achieve more happiness and financial stability. 

It is also perfect for those who feel stuck in achieving their goals. The book recognizes that many people struggle with making significant changes in their lives. 

Hardy offers a clear and actionable roadmap to success. He also provides many examples of small habits and routines. Implementing them will lead to significant improvements in your lives. 

He also focuses on the importance of tracking your progress and adjusting to stay on track towards your goals. 

4 Takeaways from the book “The Compound Effect”

Consistency.  Hardy believes the key to massive success in life is small incremental actions. That means making small changes to your daily life.  The book provides different statistics from many sources to show that the small habits and routines we practice consistently can significantly impact our lives over time.

Eliminating bad habits.  Conducting a stock-take on your habit and behavior is a great start to identify what is your mindset towards achieving your goals. These could include things like procrastination, limiting beliefs, or unhealthy behavior.

Who do you surround yourself with? Hardy mentioned that the people you spend the most time with influence your mindset, beliefs, and, ultimately, your success.  If you want to be successful, you need to surround yourself with successful people. People will encourage you to be better, and subconsciously, you will cultivate the same positive mindset.

Take responsibility. Take control of your destiny if you want to succeed, as no one will make you successful.  Being accountable for your actions and decisions will give you the power to build the life you want.  Ultimately, the choice you make is a by-product of your standard.

6. You²

The book “You²” by Price Pritchett is a self-help book aimed to inspire you to achieve extraordinary levels of success in your life. 

You² means to give double of yourself and more than what you would normal apply to achieve your objective.

The book talks about the concept of a “quantum leap,”. The quantum leap is taking big steps and action to achieve your goal. 

Pritchett believes that everyone has the potential to achieve big things in life. He mentioned for this to happen, you need to challenge your limiting beliefs, think big, and take bold, decisive action towards your goals.

“Quantum leap” involves trusting your intuition, embracing uncertainty, and being willing to take risks to achieve your dreams.

In the book, Pritchett uses personal stories to showcase his ideas. He provides a tangible sense of what is possible. The book is written in a simple way to ensure anyone can read and understand it regardless of their background or experience in life.

3 Takeaways from the book “You²”

Quantum leap.  It is by taking a big and bold decision to transform your lives massively.

The importance of knowing where you are going and having a clear vision of your goals. Pritchett argues that having a captivating vision can help you overcome fear and uncertainty. It will provide you with the motivation and direction to act towards our goals.

The importance of Failure as a learning opportunity. Pritchett encourages you to view Failure as a necessary part of the journey towards success. He also argues to embrace Failure as an opportunity to learn and grow.

7. As a Man Thinketh

“As a Man Thinketh” by James Allen is a self-help book that focuses on the power of positive thinking and was first published in 1903.

The book’s main theme is that your thoughts dictate your mindset. As a result, it will determine your actions and the course of your life. The book argues that changing your thoughts can change your life.

The book “As a Man Thinketh” is for anyone looking for self-improvement and personal growth. It will help to inspire and motivate you to take control of your thoughts and, ultimately, your lives.

3 Takeaways from the book “You²”

Our thoughts shape our character and ultimately determine our actions.  Quote: “As he thinks, so he is; as he continues to think, so he remains.”

By changing our thoughts, we can change our circumstances. Quote: “A man’s mind may be likened to a garden, which may be intelligently cultivated or allowed to run wild.”

Having a clear purpose in life is essential for success.  Quote: “Cherish your visions. Cherish your ideals. Cherish the music that stirs in your heart, the beauty that forms in your mind, the loveliness that drapes your purest thoughts, for out of them will grow all delightful conditions, all heavenly environment, of these, if you but remain true to them, your world will, at last, be built.”

Inner peace and serenity are crucial for happiness and success.  Quote: “Calmness of mind is one of the beautiful jewels of wisdom. It is the result of long and patient effort in self-control. Its presence indicates ripened experience and a more than ordinary knowledge of the laws and operations of thought.”