August 11, 2025 • 20 mins
Anna highlights transformative financial books to empower women overcoming barriers like the gender pay gap and limited financial education. She recommends beginner-friendly titles like Get Good with Money for budgeting and The Simple Path to Wealth for investing. Intermediate and advanced books, such as The Intelligent Investor, guide wealth-building and entrepreneurship. Real-world examples show women applying book lessons to save, invest, and achieve goals. This episode encourages building a financial library to boost confidence and skills.
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Episode Transcript
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Speaker 1 (00:00):
Welcome back to the wealth Wise Woman podcast. I'm your host, Anna,
and as always a quick reminder, this podcast is for
educational and informational purposes only. It is not financial advice.
Always do your own research and consult with a licensed
professional before making any financial decisions. Today, we're diving into
(00:21):
a topic that's all about empowering you with knowledge. Must
read books to level up your money game. For women
navigating the gender pay gap, caregiving responsibilities, or the complexities
of building wealth, financial education is a game changer. Books
offer deep insights, practical strategies, and inspiration to take control
(00:44):
of your finances, whether you're a beginner or ready to
scale your investments. This episode will introduce you to transformative
books that make money management accessible, relatable, and empowering. Let's
build your financial library and level up your money game.
In this comprehensive eight part episode, we'll cover why financial
(01:08):
literacy through books is critical for women, how to choose
the right money books for your goals. Top must read
books for beginners to build a strong foundation, books for
intermediate learners to grow wealth, advance books for scaling investments
and mastering money. A gendered perspective on financial education, real
(01:28):
world examples of women transformed by these books. Practical steps
to integrate book lessons into your financial life. Let's get
started and discover the books that will change how you
think about money. Part one. Why financial literacy through books
is critical for women. Financial literacy is the foundation of
(01:50):
wealth building, and for women it's especially vital due to
unique challenges. Gender pay gap. Women earn on average eighty
two cents for every dollar a man earns, leading to
a lifetime earnings gap of four hundred thousand dollars one
million dollars. Financial knowledge helps you maximize every dollar. Longer
(02:11):
life spans. Women live five seven years longer than men,
requiring larger retirement savings to cover health care and living costs.
Books teach you how to plan for this. Caregiving roles.
Women often pause careers for caregiving, reducing income and savings.
Financial education equips you to save and invest during these periods.
(02:34):
Societal barriers Women are less likely to be taught investing
or budgeting early due to gendered expectations. Books bridge this
gap with accessible, self paced learning empowerment. Understanding money gives
you confidence to negotiate salaries, invest wisely, and achieve independence,
(02:54):
whether single or in a relationship. Example, a woman reading
a book on budgeting might save dollar two hundred slash
month by cutting unnecessary expenses, redirecting that money to a
retirement account, potentially growing to fifty thousand dollars in twenty
years at seven percent. Books provide the tools to overcome
(03:15):
systemic barriers and build a secure financial future. Financial literacy
through books is affordable. Many are under twenty dollars or
free at libraries, self directed and tailored to your pace,
making it ideal for busy women ready to take charge
of their money. Part two, How to choose the right
money books for your goals. With countless financial books out there,
(03:40):
picking the right ones can feel overwhelming. Here's how to
choose books that align with your needs. Assess your level.
Beginners need simple, actionable advice on budgeting and saving. Intermediate
learners want investing or debt strategies. Advanced readers seek complex
topics like tax optimization or real estate. Match your goals.
(04:01):
Want an emergency fund, Choose budgeting focused books. Aiming for retirement.
Look for investing guides dreaming of financial independence. Pick books
on passive income. Consider your learning style. Prefer stories and inspiration.
Choose narrative driven books. Want data and steps. Opt for
practical guides with exercises. Check authorship. Look for authors with credentials,
(04:26):
for example, financial advisors or relatable perspectives, especially women who
address gender challenges. Read reviews, use Goodreads, Amazon or x
posts to find books with high ratings and practical insights.
Avoid hype driven or overly technical titles. Example, a beginner
might start with a simple budgeting book, while someone with
(04:48):
ten thousand dollars saved might choose an investing guide to
grow their wealth. By matching books to your stage and goals,
you'll maximize their impact. Pro tip borrow books from library
or use e readers like Kindle for affordable access. Join
book clubs on x or local groups to discuss and
stay motivated. Part three Top must read books for beginners.
(05:13):
These books are perfect for women new to financial literacy,
offering clear, actionable advice to build a strong foundation. One
Get Good with Money by Tiffany Alishay Why It's Great.
Known as the budget Nista, Alich offers a ten step
plan covering budgeting, saving debt, credit, and investing, written with
(05:36):
women in mind. Key lessons create a noodle budget, bear
bones expenses, build an emergency fund, and improve your credit score.
Best for beginners who want a relatable, step by step
guide to financial basics. Impact readers learn to save one
dollar zero zero zero plus for emergencies and cut one
(05:58):
hundred dollars dollar two hundred slash month in wasteful spending
cost TIL the dollar fifteen paperback or free at libraries.
Two The Financial Diet by Chelsea Fagan, Why It's Great.
Fagan combines practical advice with relatable stories addressing budgeting, career,
(06:20):
and lifestyle for millennial women. Key lessons track spending, negotiate salaries,
and avoid lifestyle inflation. Includes worksheets for budgeting. Best for
young women or those seeking a conversational, less technical approach.
Impact helps readers save fifty dollars dollar one hundred slash
(06:43):
month by identifying spending leaks and boosting income cost TIL
to a dollar thirteen paperback or kindle unlimited. Three. I
Will Teach You to Be Rich by Ramet Seti Why
It's Great. Set These no nonsense guide covers budgeting, banking,
and basic investing, with a focus on automation and guilt
(07:04):
free spending. Key lessons set up auto transfers for savings,
negotiate bank fees, and start investing in low cost funds.
Best for beginners who want practical scripts and a fun,
bold tone. Impact readers automate one hundred dollars dollar five
hundred slash month in savings and investments, building wealth effortlessly
(07:29):
cost til to a dollar fourteen paperback or library access. Example, Maria,
a twenty five year old teacher, reads Get Good with
Money and creates a one thousand dollars emergency fund in
six months by cutting dollar fifty slash month and subscriptions
and saving dollar one hundred slash month from her paycheck.
(07:51):
Part four books for intermediate learners to grow wealth. These
books are ideal for women with basic fe financial knowledge
ready to tackle debt, investing, and wealth building. One The
Simple Path to Wealth by Jail Collins Why It's Great
(08:13):
Originally a blog for his daughter, Collins explains investing in
simple terms, focusing on index funds and financial independence. Key
lessons invest in low cost ETFs for example, vitsas, avoid debt,
and aim for financial independence through the compound interest. Best
four Women ready to start investing or pay off debt
(08:36):
while saving Impact readers invest one hundred dollars dollar five
hundred slash month in index funds, potentially growing ten thousand
dollars to twenty six thousand dollars in fifteen years at
seven percent cost. Tiled Dollar seventeen paperback or ebook. Two.
(08:57):
Your Money or Your Life by Vicki Robin and Jo
Domingez Why It's Great. This classic redefines your relationship with money,
offering a nine step program to achieve financial independence. Key
lessons track every penny, align spending with values, and calculate
your real hourly wage to make intentional choices. Best for
(09:20):
women seeking debt, freedom or a mindful approach to money.
Impact Readers pay off five thousand dollars twenty thousand dollars
in debt by realigning spending and saving ten twenty percent
of income cost til the dollar sixteen paperback or library three.
Broke Millennial takes on Investing by Aaron Lowry, Why It's Great.
(09:45):
Lowry demystifies investing for millennials, addressing stocks, ETFs, and retirement
accounts with a focus on women's challenges. Key lessons start
small with robo advisors, understand risk tolerance, and prioritize retirement
saving Best four Women with some savings, ready to invest,
but intimidated by the market. Impact readers start with fifty
(10:08):
dollars dollars two hundred slash month in ETFs. Building a
five dollars zero zero zero plus portfolio in five years
cost til to dollar fourteen paperback or kindle. Example. Emma,
a thirty two year old nurse, reads The Simple Path
to Wealth and invests dollar two hundred slash month in VITSS.
(10:29):
In ten years, her twenty four thousand dollars investment grows
to forty thousand dollars at seven percent, boosting her retirement fund.
Part five Advanced books for scaling investments and mastering money.
These books are for women ready to dive deeper into investing, entrepreneurship,
or financial strategy. One The Intelligent Investor by Benjamin Graham.
(10:58):
Why It's Great, A timeless guide to value investing, endorsed
by Warren Buffett. Teaching discipline, stock market strategies. Key lessons
focus on long term value, avoid emotional trading, and use
margin of safety when investing. Best four Women with investment
experience wanting to refine stock or ETF strategies. Impact readers
(11:22):
build diversified portfolios potentially growing ten thousand dollars to fifty
dollars zero zero zero plus over twenty years. Cost til
the Dollar eighteen, paperback or library. Two The Millionaire next
Door by Thomas J. Stanley and William D. Danko. Why
It's Great. Based on research, this book reveals how ordinary
(11:45):
people build wealth through frugality, saving and smart investments. Key
lessons Live below your means, invest consistently, and avoid status
driven spending. Best four women aiming for financial independence or
high net worth impact readers save twenty thirty percent of
income investing dollar five hundred plus slash month to reach
(12:08):
dollar one m plus over decades. Cost til the Dollar fifteen,
paperback or ebook. Three Rich Dad, Poor Dad by Robert
Kyosaki and Sharon Lector. Why It's Great. This classic contrasts
two financial mindsets, teaching entrepreneurship, real estate and passive income.
(12:32):
Key lessons build assets, for example, rental properties, businesses, minimize liabilities,
and think like an investor. Best for women interested in
real estate, side hustles or financial independence. Impact readers start
side hustles or invest in income generating assets. Adding one
(12:53):
dollar zero zero zero plus slash year to income. Cost
til the Dollar fourteen paperback or a library. Example, Sophie,
a forty year old entrepreneur, reads Rich Dad, Poor Dad,
and starts a dollar five hundred slash month side hustle
selling digital products. She invests profits in a rental property,
(13:15):
generating ten dollars zero zero zero year in passive income.
Part six a gendered perspective on financial education. Women face
unique barriers that make financial literacy through books especially powerful.
Societal expectations. Women are often taught to prioritize family or
(13:38):
security over wealth building, leaving them less exposed to investing
or entrepreneurship. Books like Broke Millennial address this directly. Pay
in wealth gaps, lower earnings and career breaks mean women
must be strategic with saving and investing. Books like Your
Money or Your Life help align spending with long term goals.
(14:00):
Confidence gap. Women are less likely to feel confident in
financial decisions due to lack of early education. Beginner friendly
books like Get Good with Money build confidence through relatable advice.
Representation matters. Books by women authors, for example a leechh
At Lowry, resonate with gender challenges like caregiving or salary negotiation,
(14:21):
making them more impactful. Example, a woman reading The Financial
Diet learns to negotiate a five thousand dollars salary increase,
closing part of the pay gap and adding one hundred
thousand dollars to her lifetime earnings if invested wisely. Books
empower women to overcome systemic barriers, build wealth, and take
(14:43):
control of their financial futures with confidence. Part seven. Real
world examples of women transformed by these books. Here are
three hypothetical women whose financial lives were changed by these books. Lilah,
twenty seven, office assistant. Llila read Get Good with Money
(15:03):
and created a one thousand, five hundred dollars emergency fund
in eight months. By budgeting and cutting dollar seventy five
slash month in subscriptions, she started a dollar fifty slash
month ETF investment, building confidence to negotiate a raise. Amara
thirty five, part time teacher. Inspired by the Simple Path
to Wealth, Amara paid off ten thousand dollars in credit
(15:26):
card debt and invested dollar one hundred slash month in vtsas.
In five years, her six thousand dollars investment grew to
eight thousand dollars, supporting her goal of part time retirement. Clara,
forty five, small business owner, after reading Rich dad, Poor Dad.
Clara started a rental property side hustle. With twenty thousand
(15:47):
dollars save from her business, it generates twelve dollars zero
zero zero year in passive income, securing her financial independence.
These stories show how books can spark actionable changes, from
building emergency funds to creating wealth for women at any stage.
Part eight Practical steps to integrate book lessons into your
(16:10):
financial life. Ready to level up your money game with
these books, Here's a detailed action plan. Pick one book.
Start with a beginner book, Get Good with Money or
The Financial Diet if new to finance, or an intermediate
l slash Advanced one, The Simple Path to Wealth, or
The Intelligent Investor if experienced. Borrow from a library or
(16:35):
buy for ten dollars twenty dollars. Set a reading schedule.
Read ten twenty pages daily or one chapter slash week
using fifteen to thirty minutes of commute or evening time.
Highlight keypoints or take notes. Apply one lesson immediately after
each chapter. Implement one action. For example, create a budget,
(16:56):
open a high yield savings account, or invest fifty dollars
in an et UF. Track progress. Use a spreadsheet or
app like wineap to monitor savings, debt payoff, or investments
inspired by the book. Example, save dollar one hundred slash
month after reading I Will teach You to be Rich.
(17:16):
Join a community. Discuss books in women focused financial groups
on x for example Women's Personal finance or local book clubs.
For accountability and inspiration. Revisit and combine. Reread key chapters yearly,
and combine lessons for example, budgeting from Get Good with
Money with investing from the Simple Path to Wealth. Expand
(17:38):
your library after finishing one book, move to the next
level for example, from beginner to intermediate. Aim to read
two three money books per year. Celebrate wins. Reward small
milestones for example five hundred dollars saved or one thousand
dollars invested with a low cost treat like a five
(17:58):
dollars coffee to stay motivated. Example plan, A thirty year
old woman earning fifty thousand dollars reads the Financial Diet,
cuts dollar one hundred slash month in spending, and saves
one dollar two hundred year in a high yield account.
She then reads Broke Millennial, takes on investing, and invests
(18:19):
dollar fifty slash month in an ETF growing her wealth
to five thousand dollars in five years. Pro tips Listen
to audiobooks via Audible or Libby if reading time is limited.
Follow authors on X for example at the Budgetnista at
Chelsea Fuggen. For extra tips and motivation, use book exercises
(18:41):
for example, budgeting worksheets to apply lessons. Hands on. Financial
literacy through books is a powerful tool for women to
overcome the gender pay gap, build wealth and achieve independence
from beginner guides like Get Good with Money to advance
strategies in The Intelligent Investor. These must read books offer
practical stuf, inspiration and confidence to level up your money game.
(19:03):
Whether you're budgeting for the first time, paying off debt,
or scaling investments, there's a book to guide you. By reading,
applying lessons, and staying consistent, you can transform your financial future.
Start with one book, take one action, and watch your
wealth grow. Here's your action planned to start today. Pick
(19:24):
one beginner book, Get Good with Money or The Financial Diet,
or borrow it from a library this week. Read ten
pages day and apply one lesson. For example, create a
budget or open a savings account. Join a women's financial
group on X to discuss the book and stay motivated.
Track your first one hundred dollars saved or invested in
(19:45):
a spreadsheet or app like y ANDAB. Tune in to
next week's episode for tips on negotiating your salary to
boost your income. The best stay to start learning about
money was yesterday. The second best day is today. Don't
let intimidation or time constraints hold you back. Pick up
a book and level up your financial future. Thanks for
(20:08):
joining me on the wealth Wise Woman podcast. If this
episode inspired you to build your financial library, share it
with a friend who needs a money mindset boost. Until
next time, keep building your wealth wisely.
Welcome back to the wealth Wise Woman podcast. I'm your host, Anna,
and as always a quick reminder, this podcast is for
educational and informational purposes only. It is not financial advice.
Always do your own research and consult with a licensed
professional before making any financial decisions. Today, we're diving into
(00:21):
a topic that's all about empowering you with knowledge. Must
read books to level up your money game. For women
navigating the gender pay gap, caregiving responsibilities, or the complexities
of building wealth, financial education is a game changer. Books
offer deep insights, practical strategies, and inspiration to take control
(00:44):
of your finances, whether you're a beginner or ready to
scale your investments. This episode will introduce you to transformative
books that make money management accessible, relatable, and empowering. Let's
build your financial library and level up your money game.
In this comprehensive eight part episode, we'll cover why financial
(01:08):
literacy through books is critical for women, how to choose
the right money books for your goals. Top must read
books for beginners to build a strong foundation, books for
intermediate learners to grow wealth, advance books for scaling investments
and mastering money. A gendered perspective on financial education, real
(01:28):
world examples of women transformed by these books. Practical steps
to integrate book lessons into your financial life. Let's get
started and discover the books that will change how you
think about money. Part one. Why financial literacy through books
is critical for women. Financial literacy is the foundation of
(01:50):
wealth building, and for women it's especially vital due to
unique challenges. Gender pay gap. Women earn on average eighty
two cents for every dollar a man earns, leading to
a lifetime earnings gap of four hundred thousand dollars one
million dollars. Financial knowledge helps you maximize every dollar. Longer
(02:11):
life spans. Women live five seven years longer than men,
requiring larger retirement savings to cover health care and living costs.
Books teach you how to plan for this. Caregiving roles.
Women often pause careers for caregiving, reducing income and savings.
Financial education equips you to save and invest during these periods.
(02:34):
Societal barriers Women are less likely to be taught investing
or budgeting early due to gendered expectations. Books bridge this
gap with accessible, self paced learning empowerment. Understanding money gives
you confidence to negotiate salaries, invest wisely, and achieve independence,
(02:54):
whether single or in a relationship. Example, a woman reading
a book on budgeting might save dollar two hundred slash
month by cutting unnecessary expenses, redirecting that money to a
retirement account, potentially growing to fifty thousand dollars in twenty
years at seven percent. Books provide the tools to overcome
(03:15):
systemic barriers and build a secure financial future. Financial literacy
through books is affordable. Many are under twenty dollars or
free at libraries, self directed and tailored to your pace,
making it ideal for busy women ready to take charge
of their money. Part two, How to choose the right
money books for your goals. With countless financial books out there,
(03:40):
picking the right ones can feel overwhelming. Here's how to
choose books that align with your needs. Assess your level.
Beginners need simple, actionable advice on budgeting and saving. Intermediate
learners want investing or debt strategies. Advanced readers seek complex
topics like tax optimization or real estate. Match your goals.
(04:01):
Want an emergency fund, Choose budgeting focused books. Aiming for retirement.
Look for investing guides dreaming of financial independence. Pick books
on passive income. Consider your learning style. Prefer stories and inspiration.
Choose narrative driven books. Want data and steps. Opt for
practical guides with exercises. Check authorship. Look for authors with credentials,
(04:26):
for example, financial advisors or relatable perspectives, especially women who
address gender challenges. Read reviews, use Goodreads, Amazon or x
posts to find books with high ratings and practical insights.
Avoid hype driven or overly technical titles. Example, a beginner
might start with a simple budgeting book, while someone with
(04:48):
ten thousand dollars saved might choose an investing guide to
grow their wealth. By matching books to your stage and goals,
you'll maximize their impact. Pro tip borrow books from library
or use e readers like Kindle for affordable access. Join
book clubs on x or local groups to discuss and
stay motivated. Part three Top must read books for beginners.
(05:13):
These books are perfect for women new to financial literacy,
offering clear, actionable advice to build a strong foundation. One
Get Good with Money by Tiffany Alishay Why It's Great.
Known as the budget Nista, Alich offers a ten step
plan covering budgeting, saving debt, credit, and investing, written with
(05:36):
women in mind. Key lessons create a noodle budget, bear
bones expenses, build an emergency fund, and improve your credit score.
Best for beginners who want a relatable, step by step
guide to financial basics. Impact readers learn to save one
dollar zero zero zero plus for emergencies and cut one
(05:58):
hundred dollars dollar two hundred slash month in wasteful spending
cost TIL the dollar fifteen paperback or free at libraries.
Two The Financial Diet by Chelsea Fagan, Why It's Great.
Fagan combines practical advice with relatable stories addressing budgeting, career,
(06:20):
and lifestyle for millennial women. Key lessons track spending, negotiate salaries,
and avoid lifestyle inflation. Includes worksheets for budgeting. Best for
young women or those seeking a conversational, less technical approach.
Impact helps readers save fifty dollars dollar one hundred slash
(06:43):
month by identifying spending leaks and boosting income cost TIL
to a dollar thirteen paperback or kindle unlimited. Three. I
Will Teach You to Be Rich by Ramet Seti Why
It's Great. Set These no nonsense guide covers budgeting, banking,
and basic investing, with a focus on automation and guilt
(07:04):
free spending. Key lessons set up auto transfers for savings,
negotiate bank fees, and start investing in low cost funds.
Best for beginners who want practical scripts and a fun,
bold tone. Impact readers automate one hundred dollars dollar five
hundred slash month in savings and investments, building wealth effortlessly
(07:29):
cost til to a dollar fourteen paperback or library access. Example, Maria,
a twenty five year old teacher, reads Get Good with
Money and creates a one thousand dollars emergency fund in
six months by cutting dollar fifty slash month and subscriptions
and saving dollar one hundred slash month from her paycheck.
(07:51):
Part four books for intermediate learners to grow wealth. These
books are ideal for women with basic fe financial knowledge
ready to tackle debt, investing, and wealth building. One The
Simple Path to Wealth by Jail Collins Why It's Great
(08:13):
Originally a blog for his daughter, Collins explains investing in
simple terms, focusing on index funds and financial independence. Key
lessons invest in low cost ETFs for example, vitsas, avoid debt,
and aim for financial independence through the compound interest. Best
four Women ready to start investing or pay off debt
(08:36):
while saving Impact readers invest one hundred dollars dollar five
hundred slash month in index funds, potentially growing ten thousand
dollars to twenty six thousand dollars in fifteen years at
seven percent cost. Tiled Dollar seventeen paperback or ebook. Two.
(08:57):
Your Money or Your Life by Vicki Robin and Jo
Domingez Why It's Great. This classic redefines your relationship with money,
offering a nine step program to achieve financial independence. Key
lessons track every penny, align spending with values, and calculate
your real hourly wage to make intentional choices. Best for
(09:20):
women seeking debt, freedom or a mindful approach to money.
Impact Readers pay off five thousand dollars twenty thousand dollars
in debt by realigning spending and saving ten twenty percent
of income cost til the dollar sixteen paperback or library three.
Broke Millennial takes on Investing by Aaron Lowry, Why It's Great.
(09:45):
Lowry demystifies investing for millennials, addressing stocks, ETFs, and retirement
accounts with a focus on women's challenges. Key lessons start
small with robo advisors, understand risk tolerance, and prioritize retirement
saving Best four Women with some savings, ready to invest,
but intimidated by the market. Impact readers start with fifty
(10:08):
dollars dollars two hundred slash month in ETFs. Building a
five dollars zero zero zero plus portfolio in five years
cost til to dollar fourteen paperback or kindle. Example. Emma,
a thirty two year old nurse, reads The Simple Path
to Wealth and invests dollar two hundred slash month in VITSS.
(10:29):
In ten years, her twenty four thousand dollars investment grows
to forty thousand dollars at seven percent, boosting her retirement fund.
Part five Advanced books for scaling investments and mastering money.
These books are for women ready to dive deeper into investing, entrepreneurship,
or financial strategy. One The Intelligent Investor by Benjamin Graham.
(10:58):
Why It's Great, A timeless guide to value investing, endorsed
by Warren Buffett. Teaching discipline, stock market strategies. Key lessons
focus on long term value, avoid emotional trading, and use
margin of safety when investing. Best four Women with investment
experience wanting to refine stock or ETF strategies. Impact readers
(11:22):
build diversified portfolios potentially growing ten thousand dollars to fifty
dollars zero zero zero plus over twenty years. Cost til
the Dollar eighteen, paperback or library. Two The Millionaire next
Door by Thomas J. Stanley and William D. Danko. Why
It's Great. Based on research, this book reveals how ordinary
(11:45):
people build wealth through frugality, saving and smart investments. Key
lessons Live below your means, invest consistently, and avoid status
driven spending. Best four women aiming for financial independence or
high net worth impact readers save twenty thirty percent of
income investing dollar five hundred plus slash month to reach
(12:08):
dollar one m plus over decades. Cost til the Dollar fifteen,
paperback or ebook. Three Rich Dad, Poor Dad by Robert
Kyosaki and Sharon Lector. Why It's Great. This classic contrasts
two financial mindsets, teaching entrepreneurship, real estate and passive income.
(12:32):
Key lessons build assets, for example, rental properties, businesses, minimize liabilities,
and think like an investor. Best for women interested in
real estate, side hustles or financial independence. Impact readers start
side hustles or invest in income generating assets. Adding one
(12:53):
dollar zero zero zero plus slash year to income. Cost
til the Dollar fourteen paperback or a library. Example, Sophie,
a forty year old entrepreneur, reads Rich Dad, Poor Dad,
and starts a dollar five hundred slash month side hustle
selling digital products. She invests profits in a rental property,
(13:15):
generating ten dollars zero zero zero year in passive income.
Part six a gendered perspective on financial education. Women face
unique barriers that make financial literacy through books especially powerful.
Societal expectations. Women are often taught to prioritize family or
(13:38):
security over wealth building, leaving them less exposed to investing
or entrepreneurship. Books like Broke Millennial address this directly. Pay
in wealth gaps, lower earnings and career breaks mean women
must be strategic with saving and investing. Books like Your
Money or Your Life help align spending with long term goals.
(14:00):
Confidence gap. Women are less likely to feel confident in
financial decisions due to lack of early education. Beginner friendly
books like Get Good with Money build confidence through relatable advice.
Representation matters. Books by women authors, for example a leechh
At Lowry, resonate with gender challenges like caregiving or salary negotiation,
(14:21):
making them more impactful. Example, a woman reading The Financial
Diet learns to negotiate a five thousand dollars salary increase,
closing part of the pay gap and adding one hundred
thousand dollars to her lifetime earnings if invested wisely. Books
empower women to overcome systemic barriers, build wealth, and take
(14:43):
control of their financial futures with confidence. Part seven. Real
world examples of women transformed by these books. Here are
three hypothetical women whose financial lives were changed by these books. Lilah,
twenty seven, office assistant. Llila read Get Good with Money
(15:03):
and created a one thousand, five hundred dollars emergency fund
in eight months. By budgeting and cutting dollar seventy five
slash month in subscriptions, she started a dollar fifty slash
month ETF investment, building confidence to negotiate a raise. Amara
thirty five, part time teacher. Inspired by the Simple Path
to Wealth, Amara paid off ten thousand dollars in credit
(15:26):
card debt and invested dollar one hundred slash month in vtsas.
In five years, her six thousand dollars investment grew to
eight thousand dollars, supporting her goal of part time retirement. Clara,
forty five, small business owner, after reading Rich dad, Poor Dad.
Clara started a rental property side hustle. With twenty thousand
(15:47):
dollars save from her business, it generates twelve dollars zero
zero zero year in passive income, securing her financial independence.
These stories show how books can spark actionable changes, from
building emergency funds to creating wealth for women at any stage.
Part eight Practical steps to integrate book lessons into your
(16:10):
financial life. Ready to level up your money game with
these books, Here's a detailed action plan. Pick one book.
Start with a beginner book, Get Good with Money or
The Financial Diet if new to finance, or an intermediate
l slash Advanced one, The Simple Path to Wealth, or
The Intelligent Investor if experienced. Borrow from a library or
(16:35):
buy for ten dollars twenty dollars. Set a reading schedule.
Read ten twenty pages daily or one chapter slash week
using fifteen to thirty minutes of commute or evening time.
Highlight keypoints or take notes. Apply one lesson immediately after
each chapter. Implement one action. For example, create a budget,
(16:56):
open a high yield savings account, or invest fifty dollars
in an et UF. Track progress. Use a spreadsheet or
app like wineap to monitor savings, debt payoff, or investments
inspired by the book. Example, save dollar one hundred slash
month after reading I Will teach You to be Rich.
(17:16):
Join a community. Discuss books in women focused financial groups
on x for example Women's Personal finance or local book clubs.
For accountability and inspiration. Revisit and combine. Reread key chapters yearly,
and combine lessons for example, budgeting from Get Good with
Money with investing from the Simple Path to Wealth. Expand
(17:38):
your library after finishing one book, move to the next
level for example, from beginner to intermediate. Aim to read
two three money books per year. Celebrate wins. Reward small
milestones for example five hundred dollars saved or one thousand
dollars invested with a low cost treat like a five
(17:58):
dollars coffee to stay motivated. Example plan, A thirty year
old woman earning fifty thousand dollars reads the Financial Diet,
cuts dollar one hundred slash month in spending, and saves
one dollar two hundred year in a high yield account.
She then reads Broke Millennial, takes on investing, and invests
(18:19):
dollar fifty slash month in an ETF growing her wealth
to five thousand dollars in five years. Pro tips Listen
to audiobooks via Audible or Libby if reading time is limited.
Follow authors on X for example at the Budgetnista at
Chelsea Fuggen. For extra tips and motivation, use book exercises
(18:41):
for example, budgeting worksheets to apply lessons. Hands on. Financial
literacy through books is a powerful tool for women to
overcome the gender pay gap, build wealth and achieve independence
from beginner guides like Get Good with Money to advance
strategies in The Intelligent Investor. These must read books offer
practical stuf, inspiration and confidence to level up your money game.
(19:03):
Whether you're budgeting for the first time, paying off debt,
or scaling investments, there's a book to guide you. By reading,
applying lessons, and staying consistent, you can transform your financial future.
Start with one book, take one action, and watch your
wealth grow. Here's your action planned to start today. Pick
(19:24):
one beginner book, Get Good with Money or The Financial Diet,
or borrow it from a library this week. Read ten
pages day and apply one lesson. For example, create a
budget or open a savings account. Join a women's financial
group on X to discuss the book and stay motivated.
Track your first one hundred dollars saved or invested in
(19:45):
a spreadsheet or app like y ANDAB. Tune in to
next week's episode for tips on negotiating your salary to
boost your income. The best stay to start learning about
money was yesterday. The second best day is today. Don't
let intimidation or time constraints hold you back. Pick up
a book and level up your financial future. Thanks for
(20:08):
joining me on the wealth Wise Woman podcast. If this
episode inspired you to build your financial library, share it
with a friend who needs a money mindset boost. Until
next time, keep building your wealth wisely.
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