top of page

40 Financial Books That Every Black Person Should Read.

Updated: 5 days ago


By Davina Shorter (Inspired by Brittany Elyse)
By Davina Shorter (Inspired by Brittany Elyse)

1. History of the Black Dollar by Angel Rich
This book chronicles pivotal economic moments in Black American history, from slavery to Black Wall Street and beyond, highlighting the contributions of Black entrepreneurs and the systemic challenges they faced

2. PowerNomics: The National Plan to Empower Black America by Dr. Claud Anderson
A strategic blueprint aiming to make Black America economically self-sufficient and competitive, addressing areas like education, economics, and politics

3. Rich Dad Poor Dad by Robert T. Kiyosaki
Through contrasting lessons from his "rich dad" and "poor dad," Kiyosaki emphasizes financial literacy, investing, and building wealth through assets

4. The Latte Factor by David Bach
A parable illustrating how small daily expenses can hinder financial growth, and how mindful spending can lead to financial freedom

5. Clean Up Your Credit by RJ Mansfield
A step-by-step guide to repairing and restoring credit, drawing from the author's personal experience of rebuilding his credit score

6. How to Succeed in Business Without Being White by Earl G. Graves
Insights and strategies for African-Americans to navigate and succeed in the business world, emphasizing the importance of perseverance and networking

7. The Power of Broke by Daymond John
Entrepreneur Daymond John discusses how starting with limited resources can be an advantage, fostering creativity and determination

8. Who Gets What by Kenneth R. Feinberg
An exploration of the complexities involved in compensating victims after tragedies, delving into the moral and practical considerations

9. Wealth in Families by Charles W. Collier
Discusses the intersection of family wealth and values, offering guidance on philanthropy and legacy planning

10. The Complete Idiot's Guide to Wills and Estates by Stephen Maple
A comprehensive guide to estate planning, covering topics from drafting wills to understanding trusts and taxes

11. The Energy of Money by Maria Nemeth
Combines financial advice with spiritual insights, aiming to transform one's relationship with money through mindfulness and clarity

12. The Wealth Decision by Dominique Broadway
Offers a roadmap for achieving financial freedom and building generational wealth, based on the author's personal journey to becoming a self-made millionaire

13. The Richest Man in Babylon by George S. Clason
Through ancient parables, this classic imparts timeless financial wisdom on saving, investing, and wealth accumulation

14. The Color of Money: Black Banks and the Racial Wealth Gap by Mehrsa Baradaran
Analyzes the historical and systemic factors contributing to the racial wealth gap, focusing on the role of Black-owned banks

15. The Whiteness of Wealth by Dorothy A. Brown
Examines how U.S. tax policies have perpetuated racial wealth disparities, advocating for reforms to achieve economic equity

16. You Deserve to Be Rich: Master the Inner Game of Wealth and Claim Your Future by Rashad Bilal and Troy Millings
This book offers a blueprint for building generational wealth, focusing on shifting mindsets and providing actionable strategies for financial empowerment

17. What Would the Rockefellers Do?: How the Wealthy Get and Stay That Way...And How You Can Too by Garrett Gunderson and Michael Isom
Explores the financial strategies of the Rockefeller family, emphasizing the use of trusts and life insurance to build and preserve wealth across generations

18. The Psychology of Money: Timeless Lessons on Wealth, Greed, and Happiness by Morgan Housel
A collection of essays that delve into the behavioral aspects of personal finance, illustrating how emotions and biases influence financial decisions

19. The Millionaire Next Door: The Surprising Secrets of America's Wealthy by Thomas J. Stanley and William D. Danko
Based on extensive research, this book identifies common traits among millionaires, such as frugality and disciplined investing, challenging common perceptions of wealth

20. Under Educated: 7 Life Lessons Schools Forgot to Teach Us by Derrick J. Love
Addresses essential life skills often omitted from formal education, including personal finance, entrepreneurship, and relationship management

21. The Journey: An African American Woman's Road Map to Independence by Troy A. Young
Provides guidance for women of color on achieving financial independence, covering topics like wealth accumulation and aligning finances with personal goals

22. Why Should White Guys Have All the Fun?: How Reginald Lewis Created a Billion-Dollar Business Empire by Reginald F. Lewis and Blair S. Walker
Chronicles the life of Reginald Lewis, highlighting his journey to becoming the first African American to build a billion-dollar company

23. Danny Dollar Millionaire Extraordinaire: The Lemonade Escapade by Ty Allan Jackson
A children's book that introduces financial literacy concepts through the story of a young boy aspiring to become a millionaire

24. MONEY Master the Game: 7 Simple Steps to Financial Freedom by Tony Robbins
Offers a comprehensive guide to financial planning, featuring insights from renowned investors and practical steps toward achieving financial freedom

25. Sister CEO: The Black Woman's Guide to Starting Your Own Business by Cheryl D. Broussard
Empowers Black women with strategies and advice for launching and managing successful businesses

26. Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
Explores how small behavioral changes can lead to significant personal and financial growth over time

27. Break the Chains: With Credit Tips and Secrets from Your Credit Guru by Malik Davis
Provides insights into improving credit scores and achieving financial freedom, based on the author's personal experiences

28. Grind It Out by M. Goode
A self-help book encouraging readers to adopt disciplined saving habits to achieve their financial goals

29. As a Man Thinketh by James Allen
A classic work emphasizing the power of thought in shaping one's character and circumstances, including financial well-being

30. Words That Sell: More than 6000 Entries to Help You Promote Your Products, Services, and Ideas by Richard Bayan
A reference guide for crafting persuasive marketing copy, useful for entrepreneurs and business owners

31. Rage of a Privileged Class by Ellis Cose
Examines the frustrations of middle-class African Americans facing systemic barriers, including economic challenges

32. The Unbreakable Mind by Dr. Jamil Sayegh
Focuses on developing mental resilience and a success-oriented mindset, applicable to financial endeavors

33. Think and Grow Rich by Napoleon Hill
A seminal work on personal development and wealth-building, outlining principles for achieving financial success

34. Think and Grow Rich: A Black Choice by Dennis Kimbro and Napoleon Hill
Adapts Hill's principles to the experiences of African Americans, providing culturally relevant guidance on wealth creation

35. The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life by JL Collins
Offers straightforward advice on investing and financial planning to achieve independence

36. The 12 Week Year: Get More Done in 12 Weeks than Others Do in 12 Months by Brian P. Moran and Michael Lennington
Introduces a productivity system that can accelerate goal achievement, including financial objectives

37. Beyond Positive Thinking: A No-Nonsense Formula for Getting the Results You Want by Dr. Robert Anthony
Combines motivational insights with practical strategies to overcome obstacles and achieve


  1. We Should All Be Millionaires: A Woman’s Guide to Earning More, Building Wealth, and Gaining Economic Power by Rachel Rodger
This book challenges societal norms that have historically limited women's financial growth.

39. Girls That Invest: Your Guide to Financial Independence through Shares and Stocks by Simran Kar
This book breaks down complex financial concepts into relatable advice, encouraging women to take control of their financial futures through informed investing

  1. Fearless Finances: A Timeless Guide to Building Wealth by Cassandra Cummings
This book addresses common fears and barriers, and provides actionable strategies for investing, building a financial foundation, and creating generational wealth.
 
 
 

Comments


© 2022 BLACK WOMEN IN WALL STREET

  • TikTok
  • Facebook
  • Instagram
bottom of page