If one thing is the most commonly found in millionaires, it is reading books. Millionaires read a lot. A Gallup survey from LinkedIn shows that 95% of millionaires consider reading as the most vital part of their success. “Reading broadens your perspective,” says Simon Sinek, the author of the famous book Start With Why.
Given this inevitability of reading in deciding their success, The Insider interviewed 100 millionaires. The interview aimed at highlighting two things: Firstly, do those millionaires read books? Secondly, what books have helped them in building enormous wealth.
The answer to the first one was a straight “absolutely yes.” However, the second part was explanatory. Here are those 4 books that helped 100 millionaires build enormous wealth:
Rich Dad Poor Dad By Robert Kiyosaki
The most commonly quoted book among 100 millionaires was none other than Kiyosaki’s Rich Dad Poor Dad. Published in 1997, the book artistically advocates financial literacy. The book also advocates investing in real estate and becoming a self-driven entrepreneur.
Through an artistic touch, Kiyosaki urges his readers to be financially independent of an early age. Likewise, the book also presents the inevitability of becoming financially intelligent to develop enormous wealth while discouraging the trap of “Rat Race.”
Transforming Your Relationship With Money By Joseph Dominguez
Joseph’s Transforming Your Relationship With Money was another favorite of these 100 millionaires. Originally published in 1992, the book is available on the market in three editions. In its essence, the book aims at making the readers equip readers with the functionality of money.
The book suggests that only 10% of the global population knows how to control money. And those who do, build enormous wealth.
The Surprising Secrets of America’s Wealth: The Millionaire Next Door By Thomas Stanley
Thomas Stanley’s The Millionaire Next Door was another favorite book of these 100 millionaires. The Insider reports that 45% of those 100 millionaires termed Stanley’s masterpiece as an ambassador for their success.
This 1997 classic book analyzes different millionaires across the US to see how they are different from ordinary people. Likewise, Stanley terms the millionaires as “UAWS” and calls the commoners “PAWS.” The research-compiled book gives a visual walkthrough of what it takes to be a millionaire.
The Automatic Millionaire By David Bach
20% of the interviewed millionaires labeled David’s The Automatic Millionaire as a roadmap to their success. The New York Times bestseller provides a step-by-step guide to becoming a millionaire. Similarly, it aims at giving a set of instructions – even to the worst money managers – to build a hefty net worth.
Reading books is the most common factor in every millionaire. The above-mentioned report from The Insider shows that among 100 millionaires, 99 termed reading as a pivotal aspect of their success.
From Kiyosaki’s Rich, Dad Poor Dad to Stanley’s The Millionaire Next Door, these books have transformed the financial status of 100 millionaires. These 4 books can likewise transform your life too. Give them a read and witness your life-transforming like never before.