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INSIGHTS & INTUITION: Which books on personal finance should be in the library of every Prairie Business reader?

The book I’d have to recommend would be “Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence” by Vicki Robin and Joe Dominguez.

Many people think that if you save money, you do not get to enjoy life as much. This book talks about how you can still enjoy your life and do the things you want, while saving money.

Brennen Bergdahl

Wealth Advisor

Premier Wealth Management Group

Grand Forks, N.D.

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Given to me by a colleague, “Think and Grow Rich” by Napoleon Hill significantly influenced my definition of financial success both personally and professionally. Based on Hill’s “Law of Success” philosophy, the book identifies money-making secrets from more than 500 affluent people he interviewed.

Included are 13 principles that can help propel you toward success by eliminating your doubt and fear and focusing on your faith and desires. I believe grit and determination start with your mindset, and this book addresses exactly that.

Kayla Kallander

Mortgage Loan Originator

TCF Home Loans

Fargo, N.D.

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“The Total Money Makeover” by Dave Ramsey is a good place to start for your personal finance library. It gives the basics for getting out of debt and building wealth in simple steps.

“The Millionaire Next Door” by Thomas J. Stanley and William D. Danko gives some surprising findings about people who have become millionaires as opposed to people who live like millionaires.  

“Rich Dad, Poor Dad” by Robert T. Kiyosaki not only discusses how to manage your own money, but also how to how you can help your kids learn to manage their own money as well.

Craig Rottman

Financial Advisor

Financial Strategies Group

Fargo, N.D.

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I’d recommend “A Woman’s Money:  How to Protect and Increase It in the Stock Market” by Catharine Brandt (New York: Parker Publishing Co., 1970).  

While written years ago, this book has withstood the test of time. Its principal themes are a regular topic of conversation with clients.  

A well-published Christian author, Catharine Brandt found herself widowed at a young age.  Faced with a steep learning curve, including decisions about how to protect and increase the capital her husband had left her, she decided to help other women by writing a guide that shows the “modern woman” how to face her financial picture realistically and make the most of it.

Rose M. W. Koch

Financial Adviser

Sanum Financial Services

Crookston, Minn.

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Personal finance impacts everyone. Money is often stressful to think about, especially when it seems that you never quite have enough.

I would absolutely recommend reading “All the Money in the World,” by Laura Vanderkam. She does an excellent job challenging you to rethink the relationship between money and happiness.  

Not only does the book provide creative ideas on how to get more and spend less, but also it empowers readers to better use what they have. It’s fascinating and thought-provoking!  

This is definitely a book to include in your personal library.

Sarah Meusburger

Human Resources Director

Banner Associates, Inc.

Brookings, S.D.

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