30+ Life-Changing Books I Recommend – Updated 19 October 2023
Boom!
If you're reading this, then you've literally found a treasure map that will lead you to a wealthier and more fulfilling life.
Before I dive in, a spotlight on our debut book, Financial Joy, published by Quercus + Hachette UK.
Financial Joy is a 10-week plan that will help you turn your life around from small beginnings and design a life of Financial Freedom filled with the small experiences that bring you joy 😍.
We've written it from our lived experience of achieving Financial Independence aged 34 including Mortgage Free in 7 years as a married couple with two children.
Order our book today on Amazon and other retailers around the world.
I have been approached many times on this blog to write about books that have been life-transforming for me.
I've accepted the request partly because it is a great opportunity for me to remind you of a few things:
1. The difference between where you're right now and where you want to be is exactly the same as the difference between what you know and what you don't know.
So by investing your time and money in buying and reading the right books, which I think is the best life hack ever, you're literally setting yourself up for great wealth.
But note, it will not happen overnight. It will require a deliberate plan and action in your life from today and a need for you to remain shrewd and frugal in handling money.
2. Although this is mostly a personal finance blog on the surface, the clue to what I am really trying to get across to you can be found on my blog tagline – “Create Financial Joy”
I chose this tagline because Joy is really what ultimately matters in our personal lives.
Think about it. What's your dream life? You probably want that dream life because you want freedom. And you want freedom because you ultimately want joy.
Joy is not just a one-time destination but a place we should aim to be at all the time.
I also end every blog post with a call to action, asking you as my reader to “be thankful in all things and seek joy!“.
This is very deliberate because what I am really trying to get across to you is that there is more to life than money. Although money is necessary and is a powerful tool.
I once heard Tony Robbins say something to James Altucher that deeply resonated with me:
“Billionaires are a dime a dozen. There is a new billionaire in the United States every 6 days. There is a new billionaire in China every 5 days.
Do you want to know what's much more unique than a billionaire? A person who lives in a beautiful state every single day, even when it rains on their parade, even when they don't get what they want, even when injustice comes.
That individual has a different life. That individual is rich!”
In my own words, that individual is in a place of Joy. Very closely tied to Joy are Gratitude and Love.
Truth is, if you have no money and you're truly grateful, you're as rich as can be.
3. Chances are you're probably seeking money in your life because you seek Freedom. Although this is a great goal to have, you can have freedom without money at all.
In fact, there are many people with a lot of money without any freedom at all.
Although I promote the necessary goal of Financial Independence on my blog, the bigger goal is to help people achieve Personal Freedoms and to encourage living a life of collective self-interest that is beyond just their own.
The below books have helped me to express and pursue my personal freedoms in life, with a focus on remaining in a place of Joy and Gratitude at all times.
4. As you learn these truths and acquire knowledge and understanding, teach others too.
What you're about to learn in these books will not only transform your life, but that of the generations to come.
However, this will ONLY happen if you aren't selfish and instead apply your acquired knowledge and wisdom to others.
This is especially important if you have children because a lot of the things you will learn have a massive dependency on starting early.
Aim also not just to teach these things to just your family members. Teach them to friends or to people in your communities.
Take other people along with you on your journey to wealth. Only when you give do you actually receive.
Finally,
Success leaves clues. Therefore, if you invest, dive in and model what has helped these writers become successful, so can you.
I have chosen a diverse range of books that have helped me feed my mind and spirit and strengthened my body.
How did I get to read all these books? Time and money! I initially invested about £300 and bought as many as I could. Each month, I then invest in more books and courses, etc.
Learning is a way of living a good life, and reading the right books will open up portals in your world that you could never have imagined.
The books below have been life-transformational for me in ways I cannot express in words, and I hope they will be for you too:
Books On Life & Purpose
Designing Your Life: How to Build a Well-Lived Joyful Life (Dave Evans & Bill Burnett)
This book was instrumental in leading me to start my blog. You can read all about it here. It taught me a great deal about how to approach my life problems from a design mindset. It is a simple easy-to-read book with various tasks to do which require some deep reflection. Questions such as What is work for? What is important in life? etc. It also introduces the reader to a refreshing way of reframing problems and encourages a bias to action among many other things.
Mission: How the best businesses breakthrough (Michael Hayman & Nick Giles)
This is actually a business book but written from the refreshing perspective of mission led businesses that are focusing on purpose as a route to profit. I have always loved this dual approach to business and this book delves into many business winners such as Airbnb, Ellas Kitchen, Wholefoods, etc and why they are successful. It really models the business of the future and will resonate with Millenials and Gen Zs who are more passion and purpose orientated. It will generally also appeal to anyone interested in a new way of doing business.
Essentialism: The Disciplined Pursuit of Less (Greg Mckeown)
Greg's essentialism is a powerful book that teaches the way of the essentialist (a movement that is here to stay). The essentialist keeps life simple and understands there is a real trade-off that exists with every decision or goal we pursue. The essentialist focuses on making the highest possible contribution to the things that really matter and executes using the genius of routine.
I admire Ken Costa as a leader. He had a career in Banking/Finance that most people would envy. Yet he is very far from what you'd expect given this exposure. He delivers a powerful book on finding and fulfilling your Godly calling in life, no matter where you are on your journey right now. Your “Why” is the most important aspect of any project or venture you're considering and it's what will keep the drive going even when things aren't going the way you want. This is a thoroughly well-written and insightful book, that anyone can learn from whether you have a faith or not.
Books On Money Mindset
Think and Grow Rich (Napoleon Hill)
This is possibly one of the best books I have read in this category. I read this book so religiously, it was nuts! It really had a tremendous impact on me because although it was written in 1937, I could still totally relate to everything in it. There is a secret in this book, which is so powerful but also so simple. Without wanting to spoil it for you, I'd let you discover it. In fact, this book had such an impact that within 6 weeks of reading it, I bought a property in a creative way that involved very little cash from me. It continues to help me each time I open it up.
Three feet from Gold (Sharon L. Lechter and Greg S. Reid)
This book carries on from Think and Grow Rich, but this time 100 years later. It was the second book that inspired my blog and you can read about that story here. The writer taught me how to bring together my passions and talent, coupled with the right Associations, Action, and Faith for great good. Highly recommended.
You are a Badass at Making Money (Jen Sincero)
Jen Sincero is totally quirky and I love her style for that reason. This book is so raw and kickass that if you don't get blown away by her insights, I'd be pretty surprised. There are many false beliefs that hold many back when it comes to making money. I had my fair share and one major thing I took away from this book is the need to give myself the permission to make money in a way that isn't just tied to a job etc. Every chapter in this book is well written in a carefree style but with some deep points being made at the same time.
The Richest Man In Babylon (George Clason)
One thing I took away from this book is the need to be deliberate about building wealth. This classic book contains alot of timeless advice on what money is, why you should not spend all your money, be frugal, “make thy money grow” etc. The life lessons in this book are communicated using the powerful tool of storytelling, and I believe everyone (students, workers, entrepreneurs etc) should definitely read this book!
The Millionaire Next Door (Stanley and Danko)
This reveals 7 recurring traits among those who have accumulated wealth. These traits are a great revelation as they really go against the trend of consumerism and the idea of people living as though they're rich (new flash cars etc) when in reality they're far from it. Such traits include i) living below your means ii) Financial Independence is more important than social status etc. Basically, this book is there to tell you that you can be wealthy! But you must make good financial decisions and make them early.
Books On Money Management
Financial Joy (Ken and Mary Okoroafor): This 10-week plan will help you turn your life around from small beginnings and design a life of financial freedom filled with the small experiences that bring you joy.
Authors Ken and Mary Okoroafor started out as resource-poor, working-class immigrants and have built a life of financial independence and joyful moments through hard work, smart saving and savvy investing. They know what it feels like to start from ground zero, and as a chartered accountant and former CFO, Ken shares his financial expertise to help you unlock the secret to building wealth.
You'll learn how to take control of your finances, develop good money habits, become debt-free, invest in assets and multiply your income so you can create the freedom to travel, spend time with your loved ones and plan for a stress-free (early) retirement – all whilst prioritising your wellbeing and having fun!
It also includes a dozen real-life interviews with singles, couples and those with children, from different backgrounds, age groups and stages of their money journey, including a few well-known public figures.
Whether you're a complete beginner to investing, currently living in your overdraft and stressed living paycheck to paycheck, or worried about preparing for retirement; or maybe you're just fed up with your career and want to know how to stop running the rat race. Wherever you are on your journey, this book will revolutionise your relationship with money and your lifestyle.
Financial joy is for everybody and it is accessible to you now, not later. Start today to grow your money and create a life you love.
Books On Investing
The Intelligent Investor (Benjamin Graham)
This is the father of all investing books and is one that has been recommended by Warren Buffet in his letters to his shareholders. He credits this book for the framework that he has used in his investing approach. Note though that this is a meaty book to read. Consider it as a reference book that you'll buy and dip into now and again because there is an overwhelming amount of information in it.
The Little Book of Common Sense Investing (John Bogle)
John Bogle is the father of index investing and the creator of Vanguard. This man is pretty much a financial god and his works have caused the biggest threat there is to active investing. Warren Buffet recommended this book in his 2014 shareholder letter.
Books On Business
The Automatic Customer (John Warrillow)
This book teaches you how to create a subscription business in any industry or add a subscription element to an existing business! Online or offline. A key message from this book is that subscribers are better than customers. And that is because your business will be worth more because of the lifetime value of your subscribers. You get introduced to various models for subscription businesses and why they work uniquely. The other key lesson from this book is the concept of lifetime value vs the cost of acquiring a customer, and how these can be used to drive marketing and Return on Investment (ROI).
Getting to a Yes (Roger Fisher & William Ury)
This is the simplest and most effective negotiating book I have ever read. If you're thinking of negotiating a pay rise or a business deal etc, this is the book to read. It teaches you how to focus on the interests that drive our bargaining interests in a negotiation. So rather than just think of yourself alone (positional bargaining), it is better to consider mutual interest and think of options for mutual gain.
Expert Secrets (Russell Brunson)
There are a handful of people I know who have really exemplified giving as a way of living and also as an approach to business. Russell is one of them. He is a master marketer and I utterly respect him. He has written two books one of which you'll see below. This is a great book for entrepreneurs and marketers in the online space. It deals specifically with the art of marketing and is the second of two books he has written.
Dotcom Secrets (Russell Brunson)
Prior to the above book called “Expert Secrets”, Russell wrote this phenomenal book which really deals with the science of marketing i.e. the mechanics of marketing as it works today. A simplistic book that is written so well that as a business person, you'd take away action points to implement in your business immediately after reading this.
The One Thing (Gary Keller)
The message in this book is simple. If you look at all the people you think are successful in a particular field, you will find that there is one thing they primarily focus on. The culture of today is one of doing as many things as possible and appearing to be doing it all really well. Ask yourself these questions – What do you want? What is your one thing? John Lee Dumas does a great job of reminding us to Follow One Course Until Success (FOCUS).
Books On Leadership
The language of leaders (Kevin Murray)
A cracking book on leadership that is written by a Brit. Kevin has the great opportunity of interviewing some influential leaders (CEOs and the like of major companies) and pretty much teased out of them how they saw leadership today. Key messages include trust, authenticity, communicating to inspire, being self-aware etc in an ever-changing, fast and dynamic world. This book gives you a framework to use at any level in an organisation to keep communicating and inspiring people.
Winners: And How They Succeed (Alastair Campbell)
This is a brilliantly written book about winning. I have written about this in the Secret Sauce to Winning and extended his ideas to include Purpose, Objectives Strategy and Tactics. No matter what you think of him as a politician, I'd suggest you put that aside and learn from what is a thoroughly researched and insightful book. Most people confuse objectives with strategy and even for tactics. Alastair uses real-life examples from winners in various spheres to really unpack a framework for winning.
Books On Biblical Economics
I have met Jeff a few times and he is an excellent speaker, businessman, and leader with a deeply fascinating story. This book brought together for me the idea of being a steward of money and how money plays a role in all as aspects of our lives. Jeff also writes about Financial Freedom and really comes at it from a biblical perspective. Again, you'll learn a tonne from this man whether you have a faith or not.
Books On Relationships and Family
Raising Boys (Steve Biddulph)
My business colleague, David Glick, recommended this book and it has been life-changing for us in our journey of raising two boys. I grew up partly in Nigeria, and the upbringing there is very different and unique to the culture there. Steve is Australian and writes with such authority and insight that we are literally applying everything he writes to our lives. The goal of this book is to help children become happy and well-balanced men. I really loved the balance of scientific evidence and practical wisdom Steve puts out in this book. If you have girls, also check out Raising Girls.
5 Love Languages (Gary Chapman)
I am a family man and I believe massively in the power of genuine relationships and marriage. Marriages can be successful if both people understand each other and how they can be appreciated and loved. I came across this book in 2010 when I was getting ready to get married, and I read it together with my wife. As expected, we both spoke different love languages, which was quite exciting to know because we became aware of how best to relate to and show each other love. This book is simple, practical and effective, and something I'd recommend to anyone in a meaningful relationship.
Books On Financial Independence
Financial Joy: Banish Debt, Grow Your Money and Unlock Financial Freedom In 10 Weeks.
After years of writing on The Humble Penny, we're honoured to write our debut book to offer a step-by-step plan to help others achieve Financial Independence whilst prioritising fun and wellbeing on the journey.
This is the most complete book on achieving Financial Freedom, written by people who have actually achieved it having overcome the many challenges of starting from ground zero with no money as immigrants.
We've also written it from our perspective as a couple with children, which is something you don't see in other books in this space. Finally, we've written it to appeal to single people, couples and couples with children in the UK and beyond the UK.
Rich Dad Poor Dad (Robert Kiyosaki)
Some of you may know this but I owe a big part of my life to Robert Kiyosaki. This isn't necessarily because of this must-read book which introduces you to the rat race most people run. It is more that I met my wife at one of his conferences whilst seeking Financial Freedom in 2009. This book will leave you speechless after reading it. It is thoroughly simple but very powerful and unapologetic. You get introduced to the ESBI quadrant, which will transform the way you look at where you're now and where you want to be.
Books On Productivity & Work
God At Work (Ken Costa)
This book met me at a pretty dark stage of my life career-wise. I hated my job at the time and even more so, I not quite like my boss. Life felt miserable until a friend told me about this book. It literally felt like a bright light had been shone into my life. My perspective changed and I began to win power back into my hands and life. This book taught me about the need to live every day with purpose because each day really is a gift. It isn't credited to us by default.
7 Habits of Highly Effective People (Stephen Covey)
This book has become a classic and deservedly so. It gives you 7 integrated principles for doing life well personally and professionally, and the earlier you read this book the better. Examples of these principles include starting with the end in mind, being proactive, thinking win-win etc.
How To Be a Productivity Ninja (Graham Allcott)
In the age of information overload, traditional time management techniques simply don’t cut it when it comes to overflowing inboxes, ever-expanding to-do lists and endless, pointless meetings. Thankfully there is a better way: The Way of the Productivity Ninja.
Books On Creativity
The Mind Map Book (Tony Buzan)
I have written about 5 Ways To Change Your Life Through Mind Mapping, which I'd recommend you soak up for how powerful this tool can be for your life. This book will make a big difference not just to your creativity but also to your memory retention, concentration, productivity etc. Mind maps can practically be used for all aspects of your life including writing lists, note taking and making etc.
The War of Art (Steven Pressfield)
You'll not believe how much fear I had about starting this blog (which was something completely outside of my comfort zone). I worried a lot about being judged and how I would be perceived etc. Pressfield refers to this as “resistance” in this book. The more resistance you experience with something you want to do, the surer you can be that it is the best thing for your personal growth and development. The more scared you're the more you need to do it to honour yourself. Having reflected on 5 Lessons from My Crazy Odd Jobs, I realise that where I have been myself the most and become successful as a result, have come from things that I was very afraid to do but did them anyway.
This book by Austin Kleon is a NY Times Best Seller. It takes you on a journey about 10 things nobody told you about being creative. As I'm someone who never believed I was creative, this book was a big eye-opener! One of my favourite chapters in the book is the one about not waiting until you know who you are to get started. It also massively promotes the importance of side projects and hobbies, and doing good works and sharing them with people.
This follow up book from Austin Kleon was another HUGE hit and this time takes you on the journey of 10 ways to share your creativity and get discovered.
I gained a lot of confidence from reading this book and the title is a command to get out there and be you! One huge idea I took from this book is the concept of turning your flow into stock. It's on page 61 of the book. Check it out!
I hope you enjoy checking out and reading some of these books. There are many more I could have added and many more I still need to read and will add as time passes.
Do me a favour please, if you read any of these books and find them useful, please share your experience below by commenting so that other people can learn too.
Related:
- BEST RESOURCES for Personal Finance, Side Hustles & Productivity – Recommended by Me
- TUTORIAL: How To Start An Impactful Blog
What Books have been Life-changing for you? Please share below.
Do please share this post if you found it useful, and remember, in all things be thankful and Seek Joy.
Abu Bundu-Kamara says
Very thoughtful selection. Thank you so much for sharing this.
Ken says
Hi Abu, glad you’re finding these useful. What are you reading at the moment?
Tony says
Hi Ken,
Rich Dad Poor Dad book changed my life too.
As you said that you bought a property via creative finance, I recommend Property Magic by Simon Zutshi which I found useful in my property investing.
Your blog is very interesting and engaging.
Keep it up.
The Humble Penny says
Hi Tony
Thank you!
Great recommendation. I’ve heard good things about Property Magic. Glad to hear Rich Dad Poor Dad was also life changing for you.
Michael from Foxy Monkey says
Great list Ken, I really want to read Getting to Yes and the Automatic customer. I know that if I get the same recommendation from at least 3 people, it tells me something about the book!
You may want to read “Smarter Investing” by Tim Hale. Explains the concepts of investing very well and from a UK perspective.
The Humble Penny says
Hi Michael,
Thanks for stopping by. Araminta told me about your site and I said I must check it out! You beat me to it.
Getting To A Yes and Automatic Customer are brilliant books. Highly recommended.
I’ll grab Tim’s book. I’ve had it on my list but now you’ve tipped me over to order one.
Michael from Foxy Monkey says
Yes, Araminta told me about your blog too! Looks great. Let’s stay in touch and maybe discuss in detail at the next FI meetup 😉
Rachel Flowers says
Hi Ken,
‘Rich Dad, Poor Dad’ should be required for anyone pursuing Financial Independence. I’d also recommend ‘Secrets of the Millionaire Mind’ and ‘As a Man Thinketh’.
Great website, too. Lots of informative and inspiring content. I think everyone should go after FI.
Rachel.
Ken Okoroafor says
Hi Rachel
I couldn’t agree more! Thank you for the recommendations. I’ll check them out :). Cheers for stopping by!
David Thewlis says
It will come as no surprise that many of these books are on my bookshelf already!, 😁
John Bogle’s book on index funds USA must for everyone, particularly his insight on the effect of costs.
I picked up an interesting read recently in a second hand bookshop, “The Extra One Per Cent” by Rob Yeung
“Discover what makes up the ‘extra one per cent’ that distinguishes exceptional people from everyone else and how you can make these subtle yet crucial differences work for you too. In this book, leading psychologist and coach Dr Rob Yeung draws upon a wealth of scientific research and shares revelations from his work with entrepreneurs, business leaders, world-class sports people and celebrities. Discover what these successful people do differently and find out how you too can reach outstanding levels of success by tapping into the psychology of high achievers by discovering the eight capabilities they possess that can make all the difference.”
Charles says
Great list here.
I would aslo recommend Benjamin Graham and Robert Kiyosaki to anyone.
For productivity, if you haven’t checked it out yet, I think Atomic Habits is a great read!
Thanks for all the great content. I recently discovered your site through a friend and am scouring all the pages top to bottom in short order.
The Humble Penny says
Hey Charles, much appreciated! I’m still to get to Atomic Habits. I have it somewhere but still much else to read first. Thanks for stopping by!
Christine says
“Unfair Advantage ” by Robert Kiyosaki.. has had a big impact on how I look at finances.
The Humble Penny says
One for me to check out 🙂
Hakeem Akorede Shittu says
Great recommendation list.
So happy to know of you through meaningful money podcast episode. It’s great to see people that looks and sounds like you doing what you are doing, really big kudos to you and your wife.
I grew up in Ibadan and came to the UK in 2006 so a lot of what you say resonates, it’s great to talk or listen to people that understands without having to explain the subtle things.
My big brother gave me Rich Dad, Poor Dad and the Richest Man in Babylon after I finished high school and these books have been instrumental in my development.
Will definitely pick up some books from the list you have recommended and start reading them one by one.
Great work, subscribed to your YouTube channel and I will be introducing it to as many as I can 😁
The Humble Penny says
Hey Hakeem
Wonderful!! Thanks so much for listening and for checking out the blog and channel. Really appreciate it bro! 🙂