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Top 3 Financial Literacy Books for Students

2025-07-20 · Short · Ali · recording, 1:03 · watch on YouTube

Topic: Money and investing · mode: Review and recommendation · tags: Aimed at students, Lesson from a book

Asked how students can gain genuine financial literacy, Ali recommends three books: The Millionaire Fastlane, The Simple Path to Wealth and Rich Dad Poor Dad, which he read at school despite its dodgy parts.

What is said

The parts of the video and what is said in each (★ — how much it matters to the video).

00:00:00 — Three financial literacy books for students

  • ★★★ For students who want genuine financial literacy, Ali's first recommendation is to read The Millionaire Fastlane by MJ DeMarco. — 00:00:00 · The Millionaire Fastlane
  • ★★ Ali also recommends The Simple Path to Wealth, by JL Collins as he recalls it: the book he read as a student when he first got into investing, which helped him understand what investing actually is. (hedged) — 00:00:00
  • ★★ Ali also calls Rich Dad Poor Dad quite good: he read it at school and it gave him a fairly good financial education; people complain about it and it has dodgy parts, which readers can ignore. — 00:00:00
  • ★★ Students are probably reading books for their subject, Ali says, but have probably never thought of reading a book about financial literacy, though many books teach it. (hedged) — 00:00:29

00:00:47 — Plug for the six-week bootcamp to make a first $1,000 online

Threads in this video

  • refine · How should you start investing? — Ali also recommends The Simple Path to Wealth, by JL Collins as he recalls it: the book he read as a student when he first got into investing, which helped him understand what investing actually is. (00:00:00)

Mentioned

Central: Rich Dad Poor Dad · The Millionaire Fastlane · The Simple Path to Wealth

Also: 1K Challenge · JL Collins · MJ DeMarco

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