One of the first steps many newlyweds take is to combine their finances. The process itself can be difficult to manage, both now and into the future. Plus, if you aren’t on the same page about money, difficulties are almost guaranteed to arise. Luckily, there is a wealth of helpful information out there. By diving into the right personal finance books, you can give yourself a stronger foundation. Some will help you navigate challenging conversations, while others give you practical money advice. Together, they become a powerhouse for greater success in your relationship and financial life. If you aren’t sure where to begin, here are three personal finance books for newlyweds.
1. The Heart of Money: A Couple’s Guide to Creating True Financial Intimacy – Deborah L. Price
Arguing over money can be incredibly damaging to any relationship. In The Heart of Money: A Couple’s Guide to Creating True Financial Intimacy, written by financial advisor Deborah L. Price, you can learn about unhealthy patterns and behaviors that impact your financial life and your relationship.
Each of the strategies is meant to serve as tools couples can use to achieve financial intimacy. They make it easier to talk about money, outline common goals, and get on the same page. Additionally, the tips cover how to communicate effectively and respectfully, ensuring everyone handles the conversation while maintaining the right mindset.
Along the way, you’ll also get to explore stories from couples who struggled with financial issues and came out the other side. It is an inspirational and informative approach, coupling moving tales from real couples and actionable guidance you can start using together right away.
2. Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner – David Bach
If you’re looking for practical tips that can help you manage your finances better as a couple, Smart Couples Finish Rich: 9 Steps to Creating a Rich Future for You and Your Partner is the book for you. David Bach, a wealth manager, offers up actionable guidance designed to help you get a grip on your financial situation now and prepare for the future.
Along the way, you’ll learn how to set both short- and long-term goals. Additionally, you’ll explore strategies for tackling credit card debt, investing wisely, retirement planning, and much more.
The book was updated and revised in 2018, ensuring that the guidance is applicable to the current landscape. When it comes to simple tools that can help you secure your ideal financial future, this book is really hard to beat.
3. Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By – Cary Siegel
While Why Didn’t They Teach Me This in School?: 99 Personal Money Management Principles to Live By wasn’t written for couples specifically, it’s an asset for younger adults who don’t feel well prepared to navigate the financial world. It takes a deep dive into a variety of topics, providing insights about money management basics in a way that is simple to understand.
The book has eight core lessons, outlining a total of 99 principles along the way that serves as the foundation for a stronger financial position as an adult. It’s simple, digestible, and incredibly straightforward, imparting multitudes of wisdom that focuses on more than just the numbers.
Along the way, you may discover that some of the recommendations are a bit unorthodox. However, those are the ones that really make you think, encouraging you to take a look at how you view and manage money in your life. Even if you don’t follow every principle, you’ll be glad you took the time to get to know each one.
Ultimately, all three of the personal finance books above are worth reading. At a minimum, they’ll get you and your partner thinking about money in a new way, making it easier to start important conversations that can help you get on the same page. In the best-case scenario, they’ll set you up for greater success, giving you vital tools you can use today, tomorrow, and well into the future.
Can you think of any other must-read personal finance books for newlyweds need to check out? Share your thoughts in the comments below.
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