Personal finance is one of the most essential skills you can learn When we talk about understanding how to manage money. However, without any guidance it is difficult for us to understand the value of handling our money and using it to make even more. The Internet is an excellent source of information about personal financial management. You can find ten articles with information you need to know.
To begin, you need some easy-to-read books that will explain you the basics of financing, the best way to save money, and how to pay off your loans.

Here’s a list of books that will help you in getting out of the sneak and rat race of debt and achieve the treasure that you truly deserve.

1: RICH DAD POOR DAD by Robert Kiyosaki
Kiyosaki shared what he learned from his father and his friend’s father, whose father is “Rich Dad” in the title. These lessons include how you don’t need to make a lot of money to get rich, define assets and liabilities, and explain to parents why the school doesn’t teach your children about personal finance.


2: THE AUTOMATIC MILLIONAIRE by David Bach
The book begins with the story of a couple earning $55,000 a year and how they realized their financial dreams. Think about it: Owning two houses, letting their children go to college, and retire with a $1 million pension at the age of 55. secret? Establish a financial system that not only pays yourself first, but also pays automatically.

3: THE SIMPLE PATH TO WEALTH by JL Collins
Collins originally wrote it as a series of letters advising his daughter. He shared his investment philosophy and why he was wary of traditional strategies.

4: WOMEN & MONEY by Suze Orman
If you are a woman then you should read this informative book, which’ll guide you on how you must take care of your finances, also financial tips

5: THINK AND GROW RICH by Napoleon Hill
Hill took his time to explain the formula in a way every layman can understand. It is not entirely designed to make someone financially successful, but to succeed in all aspects of life.

Financial constraints is one thing that can get you frustrated, everyone wants to be able to track their finances but not all are disciplined enough to be With all the information we see and hear about money every day, few people really have control over their money. We tend to let money control our lives, rather than enrich our lives.

Although money cannot bring you happiness, it can bring you a sense of security. If you do not have experience in money management, you may always feel that your life is only one step away from a financial cliff.

1: Create A Budget
An author, John C. Maxwell explains budgeting perfectly, “A budget is telling your money where to go instead of wondering where it went.”

A budget is just a plan for your money so that you can better understand where you are going each month.

A popular and effective way to budget is with the 50/30/20 rule. How it works is 50% of your income goes towards the necessities (bills, food, housing, etc.), 20% of your income goes towards savings and the remaining 30% you can use for whatever you please.

2: Spend Less Than You Earn

It is easy to know that your expenses should be less than your income, but it is much more difficult to actually do it.

To do this, you need to track expenditures. You can do this by writing a record of your purchase or using a free personal finance application.

3: Create an Emergency Fund
These are Fund that can be used if you’ve lost your job, you have a medical emergency, your car breaks down, you have emergency home expenses (like a leaky roof), or you need to travel to a funeral. 

4: Save

Set aside a minimum of 5% of your salary for savings before you start paying your bills. Better yet, have money automatically deducted from your account into a separate one.

5: Create Multiple Source of income

Learn a New Skill, Ask For a Raise, Try Affiliate Marketing.

Having multiple sources of income can help you reach your financial goals much faster. The benefit of working a side hustle is that you have more disposable income to play with.