Financial literacy is one of the most powerful tools for Black women to achieve financial independence, close the wealth gap, and build generational wealth. Whether you’re just starting your personal finance journey, looking to invest, or aiming for financial security, these books offer valuable insights specifically tailored to Black women and their unique financial challenges.
This list of 10 must-read books on personal finance will empower, educate, and equip you with the knowledge to take control of your money, master your finances, and build the life you deserve.
Why Every Black Woman Should Read Finance Books
Black women face unique financial challenges, including income disparities, student loan debt, limited access to wealth-building opportunities, and systemic financial barriers. These books help navigate those challenges by offering:
✔ Practical money management tips tailored to Black women
✔ Strategies for saving, investing, and debt repayment
✔ Steps to build generational wealth and financial security
✔ Mindset shifts to overcome financial setbacks and money trauma
By reading these books, you’ll gain the confidence and knowledge to make smarter financial decisions and take control of your financial future.
10 Best Finance Books for Black Women
1. “The Black Girl’s Guide to Financial Freedom” – Paris Woods
Why You Need to Read It:
This book is a step-by-step guide to breaking free from debt, saving aggressively, and achieving financial independence while avoiding financial traps. Paris Woods, an expert in education and wealth-building, offers real-life financial strategies tailored for Black women.
Key Takeaways:
✔ Learn how to budget and build wealth without relying on credit
✔ Discover the mindset shifts needed for financial success
✔ Perfect for women who want simple, actionable financial advice
📖 Get your copy of The Black Girl’s Guide to Financial Freedom on Amazon
2. “Clever Girl Finance: Ditch Debt, Save Money & Build Real Wealth” – Bola Sokunbi
Why You Need to Read It:
Bola Sokunbi is the founder of Clever Girl Finance, one of the largest personal finance platforms for women. This book breaks down financial concepts in an easy-to-understand way and empowers women to take control of their money.
Key Takeaways:
✔ Learn how to save, budget, and pay off debt quickly
✔ Gain confidence in making financial decisions
✔ Discover real-life money success stories from Black women
📖 Get it here
3. “Get Good with Money” – Tiffany Aliche (The Budgetnista)
Why You Need to Read It:
This New York Times Bestseller introduces the “10-Step Financial Wholeness Plan,” covering everything from budgeting and saving to investing and credit-building.
Key Takeaways:
✔ Learn how to create a solid financial foundation
✔ Actionable exercises for budgeting, saving, and investing
✔ Gain a long-term wealth-building strategy
“No matter where you stand in your money journey, Get Good with Money has a lesson or two for you!”—Erin Lowry,bestselling author of the Broke Millennial series
📖 Get it here: Get Good with Money on Amazon
4. “The Money Manual: A Practical Money Guide” – Tonya Rapley
Why You Need to Read It:
Tonya Rapley, founder of My Fab Finance, provides a straightforward financial guide specifically for women looking to improve their money habits, pay off debt, and start investing.
Key Takeaways:
✔ Learn how to take control of your finances and eliminate debt
✔ Get actionable steps to save and invest smartly
✔ Build a personalized financial plan that works for you
💡 If you want a finance book that’s practical, easy to follow, and actually works, The Money Manual is a must-read
5. “We Should All Be Millionaires” – Rachel Rodgers
Why You Need to Read It:
Rachel Rodgers challenges the traditional money mindset and encourages Black women to think like millionaires and take bold financial steps toward wealth.
Key Takeaways:
✔ Learn how to increase your income and scale your wealth
✔ Understand why financial success is a feminist and racial justice issue
✔ Discover how to shift from scarcity to an abundance mindset
📖 We Should All Be Millionaires by Rachel Rodgers is a must-read for Black women looking to shift their financial mindset and build wealth. Get it on Amazon
6. “Finance for the People: Getting a Grip on Your Finances” – Paco de Leon
Why You Need to Read It:
This book takes a refreshing, relatable approach to personal finance and teaches Black women how to be intentional with money.
Key Takeaways:
✔ Learn how to rewrite your money story
✔ Understand how to manage finances without stress
✔ Build a personalized wealth plan
7. “The Wealth Cure: Putting Money in Its Place” – Hill Harper
Why You Need to Read It:
This book is more than just finance – it’s about healing your relationship with money while building long-term wealth and security.
Key Takeaways:
✔ Learn how to create wealth with purpose
✔ Discover practical tips on financial success and happiness
✔ Perfect for those looking to build wealth while living meaningfully
8. “You’re a Badass at Making Money” – Jen Sincero
Why You Need to Read It:
This motivational money book will push you to ditch limiting beliefs and start thinking big when it comes to wealth.
Key Takeaways:
✔ Understand how to attract financial abundance
✔ Learn money habits that set you up for success
✔ Develop confidence in making financial decisions
💡 Ready to become a badass at making money? Start reading You’re a Badass at Making Money today!
9. “The Millionaire Next Door” – Thomas J. Stanley & William D. Danko
Why You Need to Read It:
This book examines how ordinary people build extraordinary wealth and offers insightful lessons on financial habits that lead to success.
Key Takeaways:
✔ Learn the secrets of self-made millionaires
✔ Discover the spending and saving habits of the wealthy
✔ Challenge myths about wealth-building
📖 Buy the Millionaire Next Door on Amazon
10. “Rich Dad Poor Dad” – Robert Kiyosaki
Why You Need to Read It:
One of the most popular finance books ever written, it explains how wealthy people think differently about moneyand how to create passive income.
Key Takeaways:
✔ Learn how to make money work for you
✔ Understand the difference between assets and liabilities
✔ Shift from an employee mindset to an investor mindset
Most millionaires swear by this book! Rich Dad Poor Dad breaks down the simple but powerful money lessons that can change your financial future
If you’re ready to stop working for money and start making money work for you, Rich Dad Poor Dad is the game-changer you need.
Extra Finance Books to Add to Your Wealth-Building Library
11. “The Total Money Makeover” – Dave Ramsey
Why You Need to Read It:
Dave Ramsey’s no-nonsense approach to money helps people get out of debt, build wealth, and achieve financial freedom through his 7 Baby Steps. While his advice is faith-based, the principles of budgeting, emergency funds, and smart investing are valuable for anyone.
Key Takeaways:
✔ Follow Dave Ramsey’s 7 Baby Steps to financial independence
✔ Learn how to pay off debt aggressively (Debt Snowball Method)
✔ Build long-term financial security and avoid money traps
💡 Want to stop living paycheck to paycheck? The Total Money Makeover will teach you how to budget, save, and invest with confidence.
12. “Your Money or Your Life” – Vicki Robin & Joe Dominguez
Why You Need to Read It:
This book teaches financial independence through mindful spending and investing. It helps you change the way you view money, stop working just to pay bills, and start making money work for you.
Key Takeaways:
✔ Learn how to align money with your values
✔ Develop a sustainable plan to reach financial independence
✔ Reduce unnecessary spending and live a richer life
💡 Would you trade time for money or money for time? Your Money or Your Life reveals a game-changing approach to financial well-being and work-life balance
13. “The Psychology of Money” – Morgan Housel
Why You Need to Read It:
Money isn’t just about numbers—it’s about behavior, habits, and mindset. This book explains how emotions, experiences, and psychology shape financial decisions, making it a must-read for Black women looking to improve their relationship with money.
Key Takeaways:
✔ Understand how your financial habits affect your future wealth
✔ Learn how to make smarter money decisions with psychology-backed insights
✔ Develop a long-term investing mindset
📌 Why do some people make millions while others struggle—despite having the same income? The Psychology of Money breaks down the surprising truths about money and human behavior.
14. “The Simple Path to Wealth” – JL Collins
Why You Need to Read It:
If you’re ready to start investing and building wealth, this book offers a straightforward guide to achieving financial freedom with low-cost index funds and smart investing strategies.
Key Takeaways:
✔ Learn how to invest simply and efficiently
✔ Understand how to build wealth through index funds
✔ Get a roadmap to financial independence
💡 A must-read for anyone who wants to retire rich – The Simple Path to Wealth simplifies investing and financial independence like never before.
15. “I Will Teach You to Be Rich” – Ramit Sethi
Why You Need to Read It:
This bestseller is perfect for Black women looking to automate finances, increase income, and invest wisely without living on a super-strict budget. Ramit’s approach is practical, fun, and easy to implement.
Key Takeaways:
✔ Learn how to automate savings and grow wealth effortlessly
✔ Discover high-impact money strategies that don’t require extreme budgeting
✔ Master credit cards, investments, and big purchases without guilt
💡 Want to grow your wealth without giving up lattes? I Will Teach You to Be Rich reveals how to automate your finances, invest wisely, and live your best life – without extreme budgeting.
Bonus: Personal Finance Books Specifically for Women
If you’re looking for finance books that specifically target women, here are three additional recommendations:
✔ “Smart Women Finish Rich“ – David Bach
✔ “Women & Money“ – Suze Orman
✔ “Broke Millennial“ – Erin Lowry
Each of these books provides practical strategies for women looking to master personal finance, secure their future, and invest confidently.
Final Thoughts: Start Your Wealth Journey Today
These 10 must-read finance books will empower you to:
✔ Take control of your financial future
✔ Pay off debt and start saving
✔ Build generational wealth and financial security
📌 Save this post for later & start your personal finance journey today!
💬 Which of these books have you read? What’s your top finance tip? Share your thoughts in the comments!
📖 Need more financial tips? Check out these related posts:
✅ How to Build Wealth as a Black Woman
✅ Best Side Hustles for Women in 2025
✅ Smart Money Habits Every Black Woman Should Follow
