Budgeting books can give you a different perspective on your finances and help you make plans for your money.
The five books below come recommended by certified financial planners. These professionals have taken loads of financial-planning coursework, passed a brutal exam, logged thousands of hours in experience and committed to acting as a fiduciary.
Who better to recommend a budgeting book?
(These CFPs responded by email, and a few answers have been edited for length and clarity.)
‘The One-Page Financial Plan’ by Carl Richards
“This book makes you think about what’s important to you and how you can align your money with your values. It’s also written in plain English, with little to no industry jargon. Because of that, I think it’s helpful for people of all ages.”
— Serina Shyu, an Atlanta-based CFP who serves on the board of directors for the Financial Planning Association of Georgia
‘Live Richer Challenge’ by Tiffany Aliche
“This is a great and quick read for those looking to build their financial foundation — including how to budget. The author, Tiffany ‘The Budgetnista’ Aliche, takes a back-to-the-basics approach to budgeting and savings, debt and credit, insurance and investing.
“Those just starting their financial journey will get the most out of this book because it’s an easy read that touches on the key elements of building a solid financial foundation.”
— Brent Weiss, a St. Petersburg, Florida-based CFP and co-founder of Facet Wealth
‘Land of the Fee’ by Devin Fergus
“If you’ve ever wondered why closing costs on a mortgage are so high, or why you get charged twice to pull money from an ATM that doesn’t belong to your bank, or why you get charged an origination …….