8 Best personal finance and business books to read during this Coronavirus pandemic to avoid bankruptcy. (With PDF)

8 Best personal finance and business books to read during this Coronavirus pandemic to avoid bankruptcy.  (With PDF)

8 Best personal finance and business books to read during this Coronavirus pandemic to avoid bankruptcy.  (With PDF)

Hello friends, while writing this article more than 100,000 people have died and more than 17,000,00 people have been infected with the COVID-19 or Coronavirus. In 2020 we all are going to face lots of problems and even our economy will fall. It means, many people will lose their jobs, many people will suffer from hunger and many will go through financial crises.

But we have to be optimistic, we as the human race had gone through many serious and more dangerous problems in the past and we won over them. So I believe we will win over Coronavirus soon. But when the market will reopen, we will face lots of problems as I mention them above. But now let's consider yourself more fortunate than others who don't have the access to the things that you can learn during this quarantine and make your quarantine period more productive. So in this article, we have given you some books that you can read during this quarantine to avoid bankruptcy after economic failure. The books we have mentioned here are the 8 Best personal finance and business books to read during this Coronavirus pandemic to avoid bankruptcy.

We believe that we can see great opportunity, even during crises, but we have to be ready for that opportunity.

In this article, we have given a summary and reasons to read of all those books mentioned below. So I hope you'll read the full article and then download the books.

1. The Richest Man In Babylon

The richest man in Babylon

The reason I pick this book is simple, it's short and easy to understand. A bookworm will read this book within a day because it has only 152 pages and you will learn lots of things after reading this book.

The richest man in Babylon is written by George S. Clason in 1926.

Reading about the finance and business-related books are same as you're studying in the university and learn about wealth. Because nobody teaches us about finance, not even our school taught us so we have to learn by self.

In this book, you will learn about  

1. How to multiply the money.                               

2. Why is it so important to pay yourself?

3. Why a man of action is favoured by the god.          

4. When to act.

5. Why wealth is not a matter of income.

6. The power of passive income.

7. How to see the great opportunity during the crises.

8. And why to take advice only from the experts.

And you will learn about many more things.  

2. Think and grow rich.

Think and grow rich 

The reason I mentioned this book is that in this article you will get the books that teach you about how money work. But this Think and grow rich book will teach you how you can prepare yourself to accumulate the money. This book is the collection of people from Henry Ford to the Edison, who achieved success in the 19th century and how they got so rich.

What you can learn from the book:-  

1. Why desire is the first step to the riches.                               

2. Why visualization and belief is the second step to the riches.

3. How auto-suggestion works.

4. How specialized knowledge helps you to get rich.

5. Why sex transmutation is so important.

6. How your subconscious mind works to accumulate money.

7. How to plan and the power of persistence. 

And lots of other things I didn't mention here, but this book is really helpful and you should read it.

You can read this article to learn 6 steps to get rich. Those steps are from think and grow rich book.

Total number of pages of Think and grow rich is 332. Think and grow rich was written by Napoleon Hill in 1937.

3. The Intelligent Investor.

The Intelligent Investor

The Intelligent Investor is written by Benjamin Graham in 1949. Maybe you are thinking why I mentioned this book it seems like it's an old book on investing. Is this book still relevant in this modern era? The answer is "YES". This book is still considered the Bible of the investment industry. Warren Buffet says that this book is his personal favourite on the investment category. Benjamin Graham was the mentor of the Warren Buffet. In the early 20s, Warren Buffet reads this book and he got influenced by the Benjamin Graham. Then Warren Buffet took the admission in the same college where Benjamin Graham used to teach. So, if this book can help Warren Buffet to make more than $80 Billion, then why it will not help you to make at least a million. So, I suggest this book to those who are interested in Share Market and who already have a piece of knowledge about how Share market works.

What you will learn from this book:-

1. What is the difference between Speculator and Investor?

2. How to buy low and sell high.

3. How the rate of return depends upon the intelligent effort taken by the investor.

4. What is an IPO?

5. What is bargaining issue and how to bargain?

6. Why you shouldn't time the market.

7. What is an aggressive and defensive investment?

8. And what is an enterprising investment?

4. Rich dad poor dad.

Rich dad poor dad

Rich dad poor dad is the classic book in the personal finance category. Rich dad poor dad is written by Robert Kiyosaki in 1997. In this book, you will learn what is the main difference between the rich person and the poor person. In this book, you will learn what rich dad teaches his son about finance and money and what poor dad teaches his son about finance and money.

This book is really interesting because this book is written in the parable style. Robert Kiyosaki says that the rich person in this book is his best friend's father and the poor person is his real father. Rich dad is interested in buying assets and giving jobs to the others and while poor dad is interested in doing a government job to attain financial freedom but poor dad never attained financial freedom. Poor dad works really hard to create wealth for someone else.

What you will learn from this book:-

1. How assets can make you rich.

2. Why it is so important to make money while sleeping and how we can make money while sleeping.

3. What is the compounding effect?

4. How to use debt as a lever.

5. Difference between good debt and bad debt.

6. Focus on learning is more important than earning.

7. Why rich people never work for money and poor people work for money.

8. And how to manage risk.

5. The total money makeover.

The total money makeover

                          

Dave Ramsay says that about three-fourths of the Forbes 400 companies believe that staying debt free is the best way to becoming wealthy. The total money makeover is written by Dave Ramsey. This book is more focused on the people who are in the debt trap. And how they still can become rich. So you are one of those people who are stuck in the debt trap, then this book will save you and if you are not, then still you must read this book to know more about the debt and mortgage.

What you can learn from this book:-

1. What is the total money makeover plan?

2. 7 steps to become wealthy.

3. Why you are financially not secure and how to secure yourself financially.

4. Why it is so important to have an emergency fund.

5. How to reach financial freedom.

6. Why accepting problems will save you.

And a lot more things that you will learn from this book.

6. Poor Charlie's Almanack

Poor Charlie's Almanack is written by Charles t. Munger. Charles t. Munger is the right hand of warren buffet. And this book will teach you some inside rules and studies that you can follow to get rich. This book is written in a very simple manner and it is easy to understand.

Charlie Munger has given you the important lesson that he learned in his life and some of the lessons that he learned are from the warren buffet. Even I learned so many things from this book, especially I like this lesson that is avoiding the areas which are not in your circle of competence. You will learn about the stock market and more importantly, you will learn about why it is not just about getting rich, but also about the creating an individual who is capable of creating enough wealth and power.

What you will learn from this book:-

1. What is lollapalooza effect?

2. Start with don't.

3. Learn from other peoples mistakes.

4. Why reading is really important.

5. What is the Charlie Munger investing checklist?

6. Why it is so important to know where you are going to die.

7. Stress test: reflections on financial crises.

Stress Test

I'm currently reading this so it will not be fair to share you something that I don't know yet. But I mentioned this book because this book is written by the Americas former Treasury Secretary. And he is the one who is responsible to save America from the great recession, which was going to turn into a great depression. So we all know that we will go through a recession after this coronavirus pandemic. This book will give you the inner view of the government and will give you an idea to save yourself from pandemic after effects.

This book, published in 2014.

And now the last book, which is one of my favorite books because I never have seen any entrepreneur's life so adventures and exciting. I hope you will also love this book.

8. Losing my virginity. 

Losing My Virginity

Losing my virginity is the autobiography of the British entrepreneur Richard Branson. Richard Branson is the same guy who owns minimum 20+ company from Virgin Atlantic to the Hyperloop. But his story is more exciting than his bank balance. When Richard Branson was just 17 years old he created "STUDENT" magazine, which was really famous and this magazine business made him thousands of pounds. After a successful magazine business, he invested in the music business and guess what he made millions just by selling music and music CDs.

But as with any other story, went through the many other problems, but he tackles them efficiently and became the billionaire. From rags to riches, jail to the planes, from music to the mobile he tried everything in his life. I don't think that now you need more reasons to read this book. So read this book guys you'll love it.

Sorry friends due to the copyright issue I removed all pdf's of the books from the website, but feel free to mail me at wewillberich1@gmail.com I'll send you all books free. Or you can comment your email Id.

I hope you liked my article 8 Best personal finance and business books to read during this Coronavirus pandemic to avoid bankruptcy and it will help you. It was just a sincere effort to help you all during this pandemic to avoid bankruptcy and learn something new. So if you liked this article then please let me know, you can comment and you can share my article with your friends.

Thank you.