The most successful people in the world all have one thing in common: they never stop reading. Having previously shared what I consider the best books about finance, many of you expressed interest in reading and discussing them together, as well as having regular recommendations on finance books to read. And so last year, the Family Finance Mom Book Club was born. Read on to learn how you can find our current club pick and join the discussion!
Family Finance Mom Book Club
Nonfiction can be a turn off for some readers. It can also be hard to read about topics that are new to you, if you have to look up new vocabulary or don’t have a resource to support you when you encounter elements you don’t understand. But for those interested in deepening their understanding of personal finance, books can be a tremendous resource.
How #FFMBookClub Works
Since there is no shortage of finance books to read, each quarter, I come up with a shortlist of nonfiction picks related to finance. They vary from social commentary on economic inequality, personal stories of financial improvement, market history, to even self improvement books you can apply to all elements of your life, including your family finances.
I put the list up to a vote in my Instagram stories, and my followers choose the book we will read. We read one new book each quarter. A new book is announced the first week of each quarter in January, April, July, and October for discussion during the last month of the quarter in March, June, September and December.
To join the discussion, all you have to do is follow me @FamilyFinanceMom and #FFMBookClub on Instagram. You’ll find all our previous book picks and discussion posts there. And as you read with us, you are welcome to post your own as well!
Our Current Pick Is…
For Q2 2021, we are currently reading TWO books – as a bit of a study of competing economic theories: Big Debt Crises by Ray Dalio, a study of the economic cycles over the last 1,500 years, and The Deficit Myth by Stephanie Kelton, which is about Modern Monetary Theory, and argues the world is different now. Discussions will begin on my Instagram feed in June 2021. Follow #FFMBookClub to join the discussion!
Finance Books to Read – Club Picks to Date
If you are new to Family Finance Mom Book Club, and are looking for more finance books to read than just the current quarter’s pick, here are all our Book Club picks to date:
Rich Dad, Poor Dad
by Robert Kiyosaki
by Malcolm Gladwell
by James Clear
by Chris Hogan
FFM Book Review:
How to Become a Millionaire
The Big Short
by Michael Lewis
FFM Book Review:
How Do Mortgages Work
The Color of Law
by Richard Rothstein
by Lionel Shriver
FFM Related Post:
Should I Invest in Bitcoin?
The Psychology of Money
by Morgan Housel
Big Debt Crises
by Ray Dalio
The Deficit Myth
by Stephanie Kelton
You can click through to get any of the above books right on Amazon… or, since we prefer to save money rather than spend it around here, get it from the library. Since you have several months to read each book, there’s plenty of time to get on your library waitlist.
If you already have a library card, be sure to see if your library uses Libby to checkout ebooks. You can get ebooks without ever even leaving your house, at absolutely no cost to you!
Have a Finance Book We Should Read?
New finance books get released ALL the time. If you find one you’d like us to consider for our next #FFMBookClub pick, please submit it via the Google Form below.
The best education you can get is the one you create for yourself. Never stop learning. And if you never stop reading, you never will! For more great financial discussion, be sure to check out my closed Facebook group, Family Finance Moms.
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