Updated Jan. 4, 2021: Looking for a good read while you’re sitting on a beach, or — let’s face it — your backyard? We’ve got you covered. We asked our favorite personal finance experts what they're reading this summer, creating the ultimate reading list for anyone who wants to educate themselves about the intersectionality of money and culture.
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Ashley Feinstein Gerstley
“The Color of Money — Personal finance and inequity are inextricably linked. We can't talk about getting women wealthy (which is the Fiscal Femme's mission) without understanding the racial wealth gap in America and the history behind it.”
“The next book I'm planning to read is Power Moves by Lauren McGoodwin. Then I need to get back to the book, Maybe You Should Talk to Someone. And if there is time, I might re-read the book, The Fourth Turning.”
“Hard Times by Studs Terkel — when COVID hit and unemployment began to skyrocket, it got me thinking about how my grandparents got by during the Great Depression. I knew about bread lines and labor strikes but Terkel’s interviews shed a lot more light on the political climate of the 1930s, and who did and didn’t suffer economic hardship. It also illuminates how quickly we forget lessons from the past because so much of the rhetoric is from them happening right now.”
Lindsay Goldwert, host of personal finance podcast “Spent” and author of “Bow Down: Lessons from Dominatrixes on How to Get Everything You Want.”
"Two contenders: A personal finance book I'm re-reading is Invested by Danielle Town, which is an incredibly accessible guide to understanding the stock market. And I also just read The Forever Transaction by Robbie Kellman Baxter, which talks about how businesses can adopt subscription models to create recurring revenue — always a great idea!”
“I recently re-read The Richest Man in Babylon. It’s a parable based book on the principles of financial success while thinking long term.”
“I don't often read personal finance books (I tend to read fiction to unwind), but I can recommend Mom and Dad, We Need To Talk, by Cameron Huddleston. It addresses how to go about approaching your parents to discuss their finances, and provides actionable tips for helping them create a plan for the future. It's a good summer read because, while it's a serious topic, it's written in a very accessible way.”
“How to Be an Antiracist — I am not reading personal finance books this summer, like many people, I am going to use this summer to catch up on readings on systemic racism and put effort and my time there.”