Five essential finance books to explore in 2025
In the ever-evolving world of finance, staying informed and educated is crucial. This year, a selection of highly recommended books caters to various aspects of personal finance, investing, and financial literacy.
Kalpana Fitzpatrick, the digital editor, suggests "The Psychology of Money" by Morgan Housel, a Sunday Times Bestseller. This insightful book offers eye-opening stories and life lessons about money management, making it an inspirational, thought-provoking, and great read.
Chris Carter, the wealth editor, recommends "Nexus" by Yuval Noah Harari. This thought-provoking book charts the evolution of information networks and predicts how AI will transform economies and society, offering a fascinating perspective on the future of finance.
For those seeking practical advice on personal finance and investing, "How to Think About Money" by Jonathan Clements is a must-read. Praised for its clarity, wisdom, and practical advice, this book serves as an excellent introduction to the world of finance.
Dan McEvoy, senior writer, recommends "The Price of Inequality" by Joseph Stiglitz. Although written at a specific political moment, the book remains relevant due to the increased influence of money in politics since its publication.
If you're interested in value investing, "The Intelligent Investor" by Benjamin Graham is a timeless classic. Modern editions include commentary on contemporary markets, making it highly relevant in 2025.
For those looking to deepen their understanding of financial statement analysis, "Financial Statement Analysis for Value Investing" by Stephen Penman and Peter Pope is a detailed 432-page book rooted in the Graham and Dodd tradition of value investing.
Matthew Partridge, the shares editor, recommends "Four Ways to Beat the Market" by Algy Hall. This book looks at four strategies based on quality, value, momentum, and income for stock-screening, providing detailed practical advice about what to look for in each strategy.
Andrew VanSickle, an editor, recommends "Devil Take the Hindmost" by Edward Chancellor. This comprehensive, lively, and eye-opening book offers a historical overview of stockmarket speculation, reminding us that human nature, and hence people's tendency to fall for the latest fad, never changes.
For those dealing with debt and financial stress, "Dealing With Debt and Financial Stress" edited by Justin Healey offers practical guidance on budgeting, debt management, and financial literacy.
Sean Stein Smith's "Common Sense Finance" provides a conversational approach to finance for individuals and entrepreneurs, making complex financial concepts accessible and understandable.
Lastly, Cameron Grey's "Mastering Personal Finance" offers essential knowledge and strategies for navigating today’s complex financial landscape, making it an invaluable resource for anyone seeking to deepen their financial knowledge.
These books collectively cover behavioural finance, value investing, personal financial management, and practical investing strategies, making them top picks for anyone looking to improve their financial literacy in 2025.
- Investing in books, such as "The Psychology of Money" by Morgan Housel, can offer eye-opening insights into money management and financial literacy, making them a great addition to personal-finance reading lists.
- For those interested in the future of finance and the impact of AI on economies, "Nexus" by Yuval Noah Harari provides a thought-provoking perspective that caters to the ever-evolving world of finance.
- To gain practical advice on personal finance and investing, readers might find "How to Think About Money" by Jonathan Clements essential, as it serves as an excellent introduction to the world of finance and is praised for its clarity, wisdom, and practical advice.
