If you're out of gift ideas for the book lover on your list, don't worry. There’s still enough time to shop.
Instead of giving any book that might get re-gifted or shelved without getting read, think about giving a book that can have a lasting effect on your financial well-being. Here are some books that serve as gifts that keep on giving.
1. Help a bride out
If you’re looking to get something for a bride-to-be, wedding planning can be daunting. Getting a book to assist with this process can be the perfect solution. There are so many decisions to make, details to attend to and costs to examine. It can make a person’s head spin.
Luckily, Natasha Burton attempts to combat this in her new book, 101 Quizzes for Brides and Grooms. She keeps couples on the same page literally by allowing their vision and tastes to unfold through the Q and A format of her book. It’s a proactive approach to planning that allows you to grow together as a couple.
She helps couples get on the same page regarding the details of their wedding day. Her book engages couples in the wedding planning process together through a series of quizzes. It was put together to make this sometimes overwhelming event more fun and discuss details like cost in advance. Use it as a road map for better decision making. Burton explains, “It allows couples to make choices and identify priorities more easily.” It can also serve as a keepsake to capture special memories for years to come.
2. Provide an anti-resolutions plan
Since only 8% of people successfully complete their New Year’s resolutions, you start to wonder if you should even bother. Trying to be over the top could be to blame. Taking small steps can be a better approach to stick with things in the long run. If it’s an action you want to repeat daily, read up on habit formation to increase your success rate.
Pivot your focus from resolutions to forming habits. It might be the better path to take when you want to repeat a certain behaviors on a regular basis. Emilie Burke of BurkeDoes.com loves to set goals on her site, but never realized the ongoing impact of establishing good habits until she read the book, The Power of Habit by Charles Duhigg. After kicking the bad habit of biting her nails, Emilie now finds other ways to leverage what she learned in her everyday life.
3. Share great reads that create a richer life
Habit formation can aide in establishing behaviors to become wealthier. Tom Corley, author of Rich and Habits and the newly released book Change Your Habits, Change Your Life, explains “Once a habit is formed, it's hard to break. If you forge good habits, those good habits will become harder and harder to break over time.”
When it comes to habits and money, he adds that when you learn the importance of saving early in your life, this habit pays dividends down the road in the form of financial independence. Due to modern medicine, people are living longer. If the habit of saving is established early on, it can pay dividends well into the future. Consider automating retirement savings. This way, you won’t need any willpower or reminder to put the money away yourself.
While how-tos are helpful to know what to do to fix your money situation, there’s often an emotional component to repairing the problem that’s often overlooked. The book, Dear Debt: A Story About Breaking Up With Debt tackles this issue head on and specifically helps people handle the emotional side of debt.
Author, Melanie Lockert describes it as “part personal story, part dear debt letter and part actionable advice.” She adds that people often feel guilt, shame, depression and other emotions when struggling with serious financial issues. As you read the book, you can follow her journey from making $10 per hour and living off of food stamps, to running her own business and crushing her debt.
No matter what book you choose, when you first read an informative one, you can take notes on key points. Then decide what you want to implement right away. This is what Dorethia Kelly, author of the personal finance book #MoneyChat, recommends to formulate action steps for a better financial future.
While this is a great start, if you want to make lasting change when it comes to your money, try a free online money challenge that will help you get out of debt, manage money better and create a financial life plan. If you’re not sure where to start and don’t want to go it alone, check out TheMoneyChat.com for details.
The Bottom Line
It can be tricky to find a great gift when you’re down to the wire. If you’re looking to give a book that will continue giving indefinitely, think about getting one of the ones mentioned above.