This week, we’ve been looking at the subject of investment, and we thought it might be time for you to invest in some good books for the summer. Here are a few suggestions from some of our guests:
Nela Richardson, analyst for Bloomberg Government, picks:
- “Detroit: An American Autopsy,” by Charlie LeDuff: “At one time, Detroit was the best about America. It had a large manufacturing base, high levels of home ownership, and a blue-collar work ethic. But Detroit, like so many American cities, is now in tatters since the financial crisis. LeDuff provides a gripping tale of crime, political scandal and economic hardship.”
Ramit Sethi, author of “I Will Teach You to be Rich,” suggests:
- “Mindless Eating: Why We Eat More Than We Think” by Brian Wansink: “For many of us, food, just like money, is one of our top worries. We know we should spend less, just like we know we should eat less. ‘Mindless Eating’ shows us how our own psychology works against us to make us eat more and spend more than we even realize. Wansink shows us some fascinating solutions.”
Kelli Grant, reporter for CNBC, recommends:
- The Plateau Effect, by Bob Sullivan and Hugh Thompson: “Everyone does hit a plateau, everything from trying to lose some weight to trying to get a promotion. It might not come across as a straight money book, a lot of people are trying to get a raise, they are trying to build their career, maybe even build a business. It’s got some interesting strategies that can really benefit consumers.”
Want more? Here are some picks from the past and our Facebook followers:
- Kristin Wong, writer for Get Rich Slowly, recommends: “Secrets of Six-Figure Women” by Barbara Stanny.
- Chris Farrell, economics editor for Marketplace, suggests: Katherine Boo’s “Behind the Beautiful Forevers: Life, Death, and Hope in a Mumbai Undercity,” “Master of the Mountain,” by Henry Wiencek, Kirsten Grind’s “Lost Bank” and Keith Richards’ autobiography, “Life.”
- Richard Eisenberg, editor of the Money and Work channels at PBS’ NextAvenue.org, picks: “How to Retire Happy,” by Stan Hinden, Elizabeth Dunn and Michael Norton’s “Happy Money: The Science of Smarter Spending” and “Save Wisely, Spend Happily,” by Sharon L. Lechter.
- Michelle Singletary, personal finance columnist for the Washington Post, suggests reading “The Millionaire Next Door” by Thomas Stanley and William Danko. Singletary also recommends “The Richest Man in Babylon” by George S. Clason and “Your Money or Your Life” by Vicki Robin and Joe Dominguez
- Ilyce Glink, personal finance expert and author of the Intentional Investor recommends “The Essays of Warren Buffett: Lessons for Corporate America, Third Edition.” Glink also suggests reading The 10 Commandments of Money: Survive and Thrive in the New Economy and Deal with Your Debt: Free Yourself from What You Owe by Liz Weston.
- Paula Wethington, personal finance columnist for the Monroe News, recommends “Financial Recovery” by Karen McCall.
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