Is Reading the New Currency of Financial Freedom?


“If you watched Warren Buffett with a time clock, I would say that half of all the time he spends is just sitting on his ass and reading.”

Charlie Munger, V.P. of Berkshire Hathaway

Reading has long been a part of my DNA. That can largely be attributed to habits passed down by my parents; my father was a voracious reader, and my mother was a middle school reading specialist for twenty-five years. Whether physical copy or Kindle, it’s not surprising that my most prized possession is a good stack of books in which to immerse myself.

Like you, I am on an ongoing quest for financial freedom. It’s here that books are an essential ‘food group’ in my  self-improvement and lifelong learning pursuits. Each day, I commit a minimum of two hours to autodidactic mode, poring over a great read.

This month’s theme here at Anthem Vault is Read Some Books. As we make the leap into March, consider making a pledge to #BeResponsible for your self-learning by grabbing a book and reading it today.

Given Anthem Vault’s focus on sound money as an essential element of financial freedom, I thought I’d personally recommend five books to help jump-start your reading pursuits. 

Basic Economics: A Common Sense Guide to the Economy by Thomas Sowell

This book offers a comprehensive look at how the global economy really works, as well as timely prescriptions for advancing our world order. Be prepared for lots of reading with this telephone book-size tome.

The Real Crash: How to Save Yourself and Your Country by Peter Schiff

Lots of shocking predictions in this book, albeit some a bit far-fetched. But I found it quite informative, particularly its perspectives on the future of  gold markets.

Total Money Makeover: A Proven Plan for Financial Fitness by Dave Ramsey

Seeking real-world suggestions for managing your financial affairs? Then this book is a must-read. And the money app EveryDollar  that accompanies it is a gem.

Tax-Free Wealth: How to Build Massive Wealth by Permanently Lowering Your Taxes by Tom Wheelwright

The theme of this book is predicated on the bold notion that the U.S. tax code is our ally and not our enemy. Read it and you’ll discover little-discussed ways to mitigate your tax liability.

Money-Master the Game: 7 Simple Steps to Financial Freedom by Tony Robbins

Honestly, this book fell short of my expectations. But my views aside, it has a very popular following. Since everything that Tony touches literally turns to gold, it’s definitely worth the read.

Are there other books not listed here that have resonated with you? Be sure to let us know in the ‘comment’ section. In the meantime, stay thirsty for financial freedom. 

Michael Scott is a Denver-based journalist specializing in free market themes fueling the new digital economy. More on Michael can found on his blog  BitDisrupt