To master finance and become financially free, you must first need to educate yourself, and there’s no better way of doing so than by reading tons of books on finance.
In this article, you will find the best books on finance for beginners.
We’ve put together a list of the best books on finance written by Nigerians.
This does not mean you should take it with levity, rather use the nigerian perspective and experience in these books as a tool to get you closer to your financial freedom this year.
Best Books on Finance for Beginners
- “The Smart Money Woman” by Arese Ugwu
- “Clever Girl Finance” by Bola Sokunbi
- “Small Business, Big Money” by Akin Alabi
- “School of Money” by Olumide Emmanuel
- “Dangote’s Ten Commandments on Money” by Peter Anosike
- “Heart and Hustle” by Patricia Bright
- “10 Ms of Money” by Matthew Ashimolowo
- “Money Won’t Make You Rich” by Sunday Adelaja
1. The Smart Money Woman: An African girl’s journey to financial freedom
The smart money woman is a fictional story set in Lagos, Nigeria with lots of important in personal finance lessons to teach.
It tells the story of an African girl named Zuri who on the outside looks like she’s financially successful but goes through a series of mishaps that help her realize she is in fact broke and needs to make better financial decisions.
We follow Zuri on a journey that starts out with her being broke and navigates her way to building wealth and reaching for financial success.
The book tackles, debt, spending, investing, the consumerist culture of the African middle class.
The fear and misconceptions surrounding money and the lack of it, love, friendships, cultural and societal pressures and the role they play in success.
2. Clever Girl Finance: Ditch debt, save money and build real wealth
In her Clever Girl Finance series, Bola Sokunbi encouraged women to talk about money and financial wellness. She also showed them how to navigate their own murky financial waters and come out afloat on the other side.
The book will teach you to:
- Monitor your expenses, build a budget, and stick with it
- Make the most of a modest salary and still have money to spare
- Keep your credit in check and clean up credit card chaos
- Start and succeed at your side hustle
- Build a nest egg and invest in your future
- Transform your money mindset and be accountable for your financial well-being
- Feel the power of real-world stories from other “clever girls”
Bola Sokunbi is a Certified Financial Education Instructor (CFEI), finance expert, 4x bestselling author, speaker, and founder of Clever Girl Finance, one of the largest personal finance media/education platforms for women in the U.S.
Bola is also the recipient of the 2021 Financial Education Instructor of the Year (FEIY) Award from the National Council of Financial Educators. She authored other books such as Choosing To Prosper: Triumphing Over Adversity, Breaking Out of Comfort Zones, Achieving Your Life and Money Dreams!
Bola and Clever Girl Finance have been featured by several media outlets including Time.com, Money Magazine, CNBC, Forbes, Fast Company, Essence, Black Enterprise, Cheddar TV, ABC News, Good Morning America, BBC, Fox Business, and The Chicago Tribune as well as on several finance websites and podcasts.
3. Small Business Big Money: How to Start, Grow, And Turn Your Small Business Into A Cash Generating Machine
In this book, you will discover valuable lessons like:
- How to decide on the business you should do
- Why it can be an awful idea to sell what people NEED to buy
- 7 commandment you must follow before you spend any money on advertising.
- How to get other people to promote your business for FREE
- How to price your product or services for maximum profitability
- 10 factors you should consider before you leave your job to start a business
- The full story of how I started Nairabet.com
Akin Alabi is popularly called Otunba. He is a Nigerian internet entrepreneur, politician, philanthropist and Author. He is the founder of Nairabet, Nigeria’s first and largest sports betting website.
He is the national vice president of the Information Marketers of Nigeria Association. He is also the President of the National Bookmakers Association. In March 2019, he was elected as a member of House of Representatives, Egbeda/Ona Ara Federal Constituency under the APC party.
He has ventured into many businesses and has authored series of business books. He owns a football club and a record label.
4. School of Money: How to make, manage and multiply your money
Dr Olumide Emmanuel is a deep-thinking author. His writings are largely analytic, research-based, procedural, offering broad perspectives. His books leave no stone unturned when it comes to painstaking research, captivating presentations and detailed deliveries. Thus, his books have on this credibility, earned him the reading interests of total non-adherents of his faith and especially key operators in the local and global business and career spaces.
