3 Books About Creating Wealth
Updated: Dec 7, 2021
Popular reads for working on abundance
I have been working on my wealth mindset for the past couple of months. As someone who avidly pursues self-development, I am used to examining my programming and using questions and differing perspectives to break down my old ideas.
This time, I identified specific patterns in my financial life and wondered what thoughts, beliefs, attitudes, and habits might be contributing to these patterns. I also want to live more abundantly, and I know that to do that, we need to: 1) remove ideas that it’s not possible (aka “make space for it”); and 2) know with a certain conviction that we are the masters of our destiny.
So far, I have read three books about creating wealth, and they all offer ideas that will reflect your own beliefs — they did for me! The trick is to then look at what ideas “trigger” you, and examine them, journal about them, and then decide what new beliefs (if any) you choose moving forward in your life.
I should mention that none of these books are written by financial gurus offering tactical strategies. You are not going to get any long-term stock tips. All three books fit into the theme of “get your money mind right, and the wealth will follow.”
Three Books for Creating Wealth
1. You Are a Badass at Making Money: Master the Mindset of Wealth by Jen Sincero I read this book in about three days. I was interested and wanted to see what Sincero had to say next — which I think is a good sign. Although we are very different people, I appreciated that her personality shone through, and her book felt authentic.
Sincero is upfront about her lack of wealth for the first 40 years of her life right off the bat. She makes the connection between changing her mindset and her financial success. She read book number two on this list and said that it totally changed her life. She also took big risks and spent money on expensive coaches, especially when trying to do new things. She says,
“You have to do stuff you’ve never done before, to make yourself visible, to acknowledge your own awesomeness, to risk looking stupid.”
One major reason I feel comfortable writing an article about creating wealth is Sincero’s reassuring comments that desiring wealth doesn’t make you greedy. She acknowledges that the Earth is not here for us to take advantage of but that She is abundant! And we are here to care for Her, enjoy Her riches, and appreciate Her.
I LOVE this perspective. I think it embodies a mindset that a lot of us doing Earth-related work could benefit from. The Earth is abundant. Rather than focusing on “lack of resources,” which creates more lack, perhaps we can start awakening others to how they are treating the Earth. The Earth is not something to be used, but Her abundant resources are to be graciously received and appreciated with awe.
If this line of thinking appeals to you, I think you will enjoy the next book also.
2. The Science of Getting Rich by Wallace Wattles Sincero mentioned that the first sentence in this book triggered her. Wattles says, “Whatever may be said in praise of poverty, the fact remains that it is not possible to live a really complete or successful life unless one is rich.”
Sincero was like, “WHAT?” She says, “The very first sentence of this book made me slam it shut and leave it untouched for years…It offended me to my hippie core, until I understood what it was really saying and that, erm, you kind of can’t — not if you want to fully express yourself, anyway.”
What Wattles gets at is that you probably have big dreams. Some of them are material, but the urge, the desire, comes from an authentic place within. It is true that his perspective does not mesh well with teachings that recommend practices for eliminating desire, and I want to talk about that for a moment.
I remember standing in a kitchen one time talking with a devout Hindu Swami and telling him about a sincere desire I had. I was wondering about this very thing of giving the desire to God, or why it was there in the first place, and if I needed to get somehow try to eliminate it. He offered the perspective that the desire I had was from God, that it was a sincere desire from the heart and not something to try and “get rid of.”
I thought about this interaction when I read Wattles’ book because that is the gist of what he’s saying. For lack of a better term, there is such a thing as “righteous desire.” And often, to be the most expansive, developed person you can be, that is, to meet your full potential, you need money. To transition to this way of thinking, we must give up all beliefs that money is evil, and realize that it is actually neutral— it is what we make it.
If this whole line of thinking makes you uncomfortable, you have work to do — just like Sincero. She said it was years before she actually read Wattles book, but then it changed her life.
This demonstrates that what holds us back is often not our lack of opportunities, our “bad luck,” or whatever else we blame for not living the abundant life we dream of — it is our mindset that needs work first.
My favorite thing about this book is Wattles’ discussion of the competitive mind versus the creative mind. He says that competition is destruction and based in lack consciousness and that the creative mind realizes that there is enough for all. He says,
“You must get rid of the thought of competition…You are to become a creator, not a competitor.”
This is a deep knowing I have had for a long time, so it resonated with me!
3. Think and Grow Rich by Napoleon Hill Okay, I am going to be totally honest, I have only read half of this book. I was in Barnes and Noble with my son and his friend one day, and I wasn’t looking for anything for myself, but this book just jumped out at me, and I bought it.
Since then, I have been reading a little bit at a time. It inspired me to explore my money ideas more deeply — I am not sure I would have done this work if I hadn’t bought the book, so in a sense, it has already “done its work” on me. (I purchased this one before the other two, and read those both straight through.)
I think this is one of the more well-known books of this type — at least, I seem to be the only one who had never heard of it! It also comes with a bit of controversy. Many claim that its author, Napoleon Hill, didn’t know many of the people he references in the book, including Andrew Carnegie. However, I think that this is irrelevant given that it was written in 1937, and at the time, there weren’t electronic records of a person’s every move like we have now.
Anyway, what is interesting is that Hill talks about using the power of the mind and emotion (aka e-motion, or energy in motion) to manifest our reality. In the middle of the book, he talks about practical actions and the commitment to effective plans. I have a theory that the reason I haven’t gotten past this part yet is that I LOVE the mindset and emotional work, and the practical action part is a little more difficult for me. (Hello! The practical action has to happen too.)
I skipped ahead a little to the end of the book, and I think that will be slow going for me also, but I saw a list that interested me — Hill’s six basic fears:
The fear of POVERTY
The fear of CRITICISM
The fear of ILL HEALTH
The fear of LOSS OF LOVE OF SOMEONE
The fear of OLD AGE
The fear of DEATH
Like many in the New Thought movement, Hill confirms that thoughts are things (which Wattles also says clearly). He says that these fears are nothing more than our state of mind and that we have the power to change that state of mind. He also cautions,
“Man’s thought impulses begin immediately to translate themselves into their physical equivalent, whether those thoughts are voluntary or involuntary.”
By voluntary or involuntary, I assume that he means whether or not you consciously choose them or let the mind run amuck (ala the western “monkey mind”). He says that nature has allowed man absolute control over one thing, and that is thought. Given that he believes that we create our reality, the thoughts we choose make us the masters of our own destiny. For me, this one is a little more challenging read, but I think I will finish it in time!
For those who may be really into self-development and spirituality, you may be interested in checking out the book Creating Money: Attracting Abundance by Sanaya Roman. This book is also on Sincero’s resources list!
I have seen some negative articles lately related to one’s ability to change their financial situation because of big business manipulation. Interestingly, Wattles covers this in his book, saying that this focus is another form of lack consciousness.
He recognizes that many “at the top” of industry are in the competitive mindset, which means they are operating from lack and hoarding money, thinking that there’s not enough to go around. His perspective is that they have been necessary but that their time will end. Most important, we need to focus on our own minds.
“You must never think for a moment that the supply is limited.”
He has an excellent discussion of this concept in Chapter 5, so rather than repeating everything here, perhaps you would like to check it out!
To drive this article home, I want to point out that Sincero completely changed her life and financial reality by using the described techniques. There was no “big business” in her way of creating the life she dreamed of. So rather than looking at outside forces, maybe we should all start looking within and start believing that the desires in our hearts are there for a reason. And then muster our courage and get to work!
If you decide to purchase one of these books, let me know what you think!
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Thanks for reading!