Alexa von Tobel
Alexa von Tobel is the chief digital officer at Northwestern Mutual as well as founder and CEO of LearnVest. Her book, Financially Forward, updates the personal finance genre for the digital age. Millennials’ wallets are almost fully digital and cash-free, and that’s the future von Tobel believes we need to plan for. In this guide to financing your digital future, she teaches you how to optimize new trends that are impacting your finances, navigate mobile pay and benefit from cash-free living, keep your accounts ultra-secure, and what to do about the future of digital currency like Bitcoin.
Quit Like a Millionaire
The acronym FIRE stands for Financial Independence, Retire Early, and Kristy Shen is a leader in that movement. Now, she’s passing on the torch with a reproducible formula for retiring at any age. Shen will show you how to grow your wealth so you can retire early and live life however you want. She’s not just talking either: she retired with a million dollars at age 31, and she did it without a financial cushion to begin with. She didn’t just get lucky with stock, tech, or hot real estate—her tried-and-true plan for quitting early was the ultimate key.
Broke Millennial Takes On Investing
The author of Broke Millennial presents a second book in her series, this time offering investing basics for our cash-challenged generation. This one is for anyone who feels they don’t know enough or have enough money to get into the market. Lowry addresses whether or not millennials should invest while paying down student loans, how to invest in a socially responsible way, and how to get investment advice without being rich. This hands-on guide will help new investors confidently begin with an investment strategy.
The Art of Money
If you want to figure out how to adult with money but you’re allergic to personal investment books, Bari Tessler’s The Art of Money is the answer. Tessler is a self-described “mamapreneur,” whose warm, holistic approach to finances will calm even the most anxious soul. Through techniques that include storytelling, emotional awareness, somatic check-ins, and down-to-earth financial practices, Tessler shows you how your relationship with money can be an integral, vital part of your life. By the end of it, you might even like thinking about money.
Give People Money
Millennials are changing the old ways of managing money, whether it’s because they’re waiting longer to buy houses while paying off student loans or prioritizing travel over working a traditional 9 to 5. Bitcoin and other digital currencies could be the financial revolution of our time… or maybe it will be the hotly debated idea of Universal Basic Income. What happens when the government gives people $1,000 a month to spend as they wish? Journalist Annie Lowry was determined to find out, and she documents her global investigation here.
Grant Sabatier was dubbed “the Millennial Millionaire” by CNBC when he built up a net worth of over $1.25 million by age 29. Five years earlier, he had woken up to find just $2.26 in his bank account. On his way to financial independence, Sabatier learned that most of what we think we know about money, work, and retirement is either incorrect or obsolete. He teaches readers how to make the most of their time so they can achieve financial independence early and live the lives they really want.
The old guide to personal finance was long overdue for an update. Millennials won’t learn much from books that assume they can save money by kicking a coffee habit, buy a house at a young age, and retire on the 401k from their well-paid, lifelong jobs. Enter the millennial guide to finance, updated for these uncertain times. These authors show millennials how to use the latest digital tools to their advantage, address their concerns about paying off student debt, and understand their values. Go from broke millennial to financially savvy adult with personal finance books that finally understand where you’re coming from.
Featured Illustration: Nadia Snopek