When it comes to managing your money one of the most important skills to master is personal finance. However, without guidance, it can be really difficult for anyone to figure it out. These books should help.

If you really want to become a master of finance, you will need a lot of studying and legitimate college courses to go through, however, if you just want to learn how to manage your money properly, it might be enough to visit a nearby library, and try to find a guide for yourself in the form of an advice book for personal finance. Of course, not all books are created equal, so we have come up with a short list of books that you should definitely consider.

The Automatic Millionaire (David Bach)

Have you ever heard of the, now famous, "Latte Factor"? Well, it originates from this book. What the author wanted to make very clear to his readers is the fact that a lot of money goes to waste each month, and realizing how you can better manage small transactions that you do not really need to make can make a huge difference in the long run.

The premise of the book is very simple, automatize your savings system and give it time. A couple of decades later, you will literally be a millionaire. Of course, there is a lot more to it, and this is why we recommend reading this book thoroughly.

Debt-Free by 30: Practical Advice for the Young, Broke, and Upwardly Mobile (Jason Anthony and Karl Cluck)

Debt-Free by 30 is a great book that will help you rearrange your debt and figure out ways to use any extra money to get rid of them as soon as possible. It comes with nifty guidelines that can be easy to remember and follow as long as you stay focused, tips and tricks to take financial inventory, lessons on how banking works and working the credit card companies to your benefit. And the best part? It is actually a really fun to read.

Anthony and Cluck decided to take a much more down-to-earth approach when they were creating this book and have successfully tackled all of the issues that come with releasing a financial book. Most importantly, they managed not to make it boring. It is definitely a must-read for anyone who is actively trying to improve their financial situation and especially climb out of debt.

The Total Money Makeover: A Proven Plan for Financial Fitness (Dave Ramsey)

This book presents you with a complete guide to personal finance. It will help you learn about saving funds, how to start your investments, get out of the mortgage, save money for rainy days, get out of debt and make money throughout your life. The book is set up in a way that will debunk a lot of popular myths concerning money and the candid style Ramsey decided to go with will really make you feel the connection to the book as you are reading it.

The Psychology of Investing (John Nofsinger)

As a professor of finance, Nofsinger has decided to delve deeply into the behavior of investors and come back with answers to a lot of really big questions. Be warned, it is not for those who know literally nothing about finance, those might find it a bit boring. However, if you have read any of the books above, grabbing a hold of this one might prove really beneficial for your investment choices. This book covers how investors behave and what the actual reasons for that behavior are.

If an investor has made a mistake and hurt their wealth, this book will teach you how to understand why it happened, and if it happened to you, it will teach you how to avoid that happening again. The book teaches you about avoiding overconfidence, fear of regret and your own pride. This book points out something that most of us already know. People are irrational beings and for that reason alone, a lot of really talented people who could have been really successful will meet their downfall. Read this book before deciding to make any big investments on a whim.

In the end, these books might not help you at all - it all depends on you, your attitude towards personal finance and how willing you are to apply them to yourself when it comes to the tips that can be found in these books. However, all of these books will give you a really good starting position if you decide to take control of your finances and they will not take a lot of your time or money to read.