The Stealthy Rich Real Estate and Self-help Book Recommendations
We’ve outlined below our favorite and most influential books. Part of what has helped us along our journey and taught us how to be stealthy with our money is to acquire as much knowledge on the subject as possible. We read and listen regularly to all that is out there and try and process it and see it through a new lens that will help improve our lives.
The Slight Edge
Pages: 280
We at the Stealthy Rich love this book so much. We read it at least once a year. Even though we know precisely what’s in it, we learn new things every time we finish the book. Life is full of small decisions, and if we string a bunch of good ones together, we will be better off in the long run. It’s hard to see those changes after making small, subtle improvements, but over time, they add up to something great. The converse is also true if we fail to act and make minor course corrections along the way, over time we end up in a place we never wanted to be in the first place. Read this book now!
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones
Atomic Habits: An Easy & Proven Way to Build Good Habits & Break Bad Ones by James Clear
Pages: 320
We love this new book! It teaches what’s at the heart of build habits and how to make them stick. It explores how humans behave and why we are prone to fall into patterns, good or bad. We love the idea of making 1% changes and the compounding effect they can have over a period of time to make our lives amazing. Check this book out as it will be a guaranteed rocket boost to your productivity and help you get rid of some of those nagging bad habits you know you have. Also, you might be able to solidify some new ones!
The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich
Pages: 288
This is a what started it all for one of us at The Stealthy Rich, The Automatic Millionaire. This book was so fascinating to me because it was the first time I started to grasp compound interest in action. I had so many fears about how to invest and how often and how to do it. This book made it easy. It taught me how to “automatically” take money from my paycheck and place it in different accounts to pay my bills as well as invest in the future. It was easy and automatic. Frictionless. Through reading this book, I sparked the desire to get into real estate, the ultimate automatic wealth generator. Enjoy this fun easy read!
![[By Ramit Sethi] I Will Teach You to Be Rich, 2nd Edition: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works. [2019]-[Paperback] Best selling book for|Personal Finance|](https://i0.wp.com/images-na.ssl-images-amazon.com/images/I/51kVJI9l42L.jpg?resize=165%2C248&ssl=1)
I Will Teach You to Be Rich, 2nd Edition: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works
I Will Teach You to Be Rich, 2nd Edition: No Guilt. No Excuses. No B.S. Just a 6-Week Program That Works by Ramit Sethi
Pages: 352
We love Ramit Sethi because he tells it like it is. If you want to buy expensive coffee every day, then buy expensive coffee, but only if it truly brings you joy. He lays out an easy to follow the plan to get your life in order and to make some wealth. He also outlines common pitfalls and what not to do. My favorite line of his is, “Spend extravagantly on the things you love, and cut costs mercilessly on the things you don’t.” The Stealthy Rich full-heartedly agree! You’ll enjoy this one for sure.
Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts
Thinking in Bets: Making Smarter Decisions When You Don’t Have All the Facts by Annie Duke
Pages: 288
Wow, this book helped us discover how to make better decisions when you are missing information, and that is almost always the case. Think about life more like poker and less like chess. In chess, you are your partner have the same rules and knowledge. All your pieces can be seen, you can’t lie, and it’s equal, to begin with. In Poker, your cards are unknown to the rest of the players, and you have to wager on each hand. You can bluff, you can be truthful, but in the end, you use probability to determine if your hand is better and make a choice with limited information. Annie Duke compares this situation to life and its amazing! Check it out.
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not!
Rich Dad Poor Dad: What the Rich Teach Their Kids About Money That the Poor and Middle Class Do Not! by Robert Kiyosaki
Pages: 336
This is the one that started it all. You can argue if its more of an allegory and if the two dads ever existed, but the concepts are sound. Use other people’s money to buy things and get rich from the cash flow. Working for the “man” is tough and hard to get ahead. Kiyosaki taught us that. However, we don’t agree with the MLM stuff in this book, but the general principles are fantastic and helped me see business debt in a new light and helped me get comfortable with buying a boatload of houses with leverage.
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy
The Millionaire Next Door: The Surprising Secrets of America’s Wealthy by Thomas Stanley and William Danko
Pages: 272
Another classic which set a pattern for which we could follow, showing us that millionaires were probably all around us. This news was shocking to us as young people. Could we be millionaires one day? Of course, just took some focused energy and some smarts to get there. You didn’t need to create the next Facebook or win the lottery. This book was our fuel to help us get to where we are today. Constant improvement leads to greatness.
