Do you have dreams for your life that seem impossible? Do you want to escape the 9-5, travel the world, and spend crazy amounts of money on your family and friends? Earning passive income and learning from passive income books can make it happen.
Passive income is a mysterious and interesting way to make money, and while some may misunderstand it and assume that it is only for those with a lot of cash or knowledge, they’d be wrong.
It’s a resource that all of us can tap into, and with some information and time, you can begin to change your life and pursue your dreams. To begin, you’ll need some know-how, which is where these resources come in.
For instance, they will teach you beginner concepts as well as more advanced subjects in some of the reading. So you are sure to walk away better after reading a few of these books!
We rounded up the best passive income books to read but before we get to our epic list, let's discuss how reading passive income books can help your financial situation!
Why reading passive income books can make a huge difference
The biggest roadblock for most of us becoming wealthy is not money but knowledge. Therefore, reading books can open up a world of opportunities for you that you might have otherwise missed.
A few hours of your week spent reading the best books about passive income can change your life. Suddenly, you will recognize opportunities you didn’t even know were there.
You may find that you’re on the right track to building the level of wealth you want or being prompted to change some things to achieve your financial goals. Either way, you’ll gain new insights and ideas that will help you grow.
Another pro is that reading is a relatively inexpensive hobby. You can save money by looking for passive income books for free at your local library. You can also ask your friends if you can borrow books or find them online instead. Plus, learning from books doesn’t even have to take very long.
So, try making it part of your routine, like listening to an audiobook on your commute to and from work each day. You’ll gain knowledge about passive income without taking up precious hours of your day.
Passive income books are not always complicated, either. Furthermore, these 17 best books on passive income can easily help you understand the basics and move into more complicated processes at your own pace. Learning from books can become a lifelong habit that will change your future forever.
17 Of the best books on passive income
The best way to learn about boosting your income is by checking out these incredible passive income books. They are highly recommended/well-reviewed, popular, and will give you a better understanding of how to make money passively.
Some focus on specific business ideas or aspects of passive income, and others take a more general approach. Start by picking out a few that speak to you and align with your financial goals.
1. Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required
Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required is THE book for the millennial generation; authors Kristy Chen and Bryce Leung explain how they retired in their 30’s, using investments.
They run the Millennial Revolution website and consistently offer well-researched and wise financial advice. With their pragmatic and often funny writing style, it explains the basics of retiring early using real numbers and advice that goes the distance.
So, it’s a great read if you are in your 20’s or 30’s and want to use passive income to help you retire much earlier than your 60's. They’ll show you the numbers and explain how it isn’t as tough as people think to become financially independent. This is one of the best books on passive income!
2. The 4-Hour Workweek: Escape 9-5, Live Anywhere and Join the New Rich
In the 4-Hour Work Week book, Tim Ferriss created a system that works and then decided to share it with others. He explains how to structure your life to fit what you want to do. The book touches on working less and working from anywhere, and creating passive or near-effortless income.
Furthermore, it’s a great look at the freedoms you can have when you change things and begin looking at new ideas for your finances. This is one of the best books on passive income because it contains great advice about outsourcing and automating your life so you can do what you love.
3. The $100 Startup: Reinvent the Way You Make a Living, Do What You Love, and Create a New Future
InThe $100 Startup, Chris Guillebeau outlines businesses that have done well without a lot of money in the beginning. It’s an excellent read for entrepreneurs and those interested in making money in creative ways. In addition, the book follows an accessible format for driving sales and getting ahead while enjoying your career. Practical and inspirational, this is a book you won’t want to miss.
4. The Lifestyle Investor: The 10 Commandments of Cash Flow Investing for Passive Income and Financial Freedom
One of the most recommended passive income books is by Justin Donald. The Lifestyle Investor discusses passive income as a way to create a life that you enjoy. The author focuses on investing to achieve your desired net worth and helps readers stop giving their time for a paycheck.
The book features ideas about cash flow and how to quit working and start building real wealth. People who want an alternative lifestyle or are tired of overworking themselves for a paycheck will enjoy this.
5. Passive Income, Aggressive Retirement: The Secret to Freedom, Flexibility, and Financial Independence
Passive Income, Aggressive Retirement specifically looks at financial independence and how that is achievable for all of us. Rachel Richards points readers in the direction of early retirement and passive income, proving it is possible by her own early retirement.
It’s one of the ideal passive income books for millennials or people who don’t dream of working tons of hours for many years to retire successfully. Richards explains her point of view in a fun way, and you don’t want to miss all the knowledge packed into this book. So, if retiring early is your big financial goal, then you should give this book a read!
6. The Unemployed Millionaire: Escape the Rat Race, Fire Your Boss, and Live Life on YOUR Terms!
The Unemployed Millionaire book takes an unconventional approach to become rich. Matt Morris wants to help readers see things differently and do what it takes to create a lifestyle that isn’t burdened by a 40 hour a week job that they dislike. He wants people to pursue a path of entrepreneurship and find financial freedom.
So he refers to his own life experience as he explains what you should do to become wealthy. This book is great for those interested in entrepreneurship and online business.
The Buy Buttons book focuses on sales in order to succeed. Nick Loper gives practical advice for making money in a way that doesn’t force you to simply quit your job and pursue your dreams without a plan. This book will also help you find the right customers so you can make even more money.
This is one of the best passive income books for those who don’t have much extra time and are interested in making money. Especially if you want to be an entrepreneur but in a practical way.
8. Fire Your Boss: How to quit your job, stop selling your time and start making passive income while you sleep…and possibly move to a tropical island
Jonathan Green’s book, Fire Your Boss, is an exciting look at the modern work system and how to begin using a different approach. You will be encouraged to build a business and earn passive income. Advice is offered in an organized and how-to system that will help you think not just about your dreams but how to actually achieve them.
It’s a helpful and worthwhile read for anyone considering passive income opportunities. Also, great for those who like having a plan and are interested in non- 9-5 work ideas.
9. Passive Income Freedom: 23 Passive Income Blueprints: Go Step-by-Step from Complete Beginner to $5,000-10,000/mo in the next 6 Months!
Passive Income Freedom is a how-to book that will change your life with passive income. Author Gundi Gabrielle offers 23 plans for passive money-making. It's a good starting point if you like the idea of making money passively but have no clue how to go about it. This book covers ideas about entrepreneurship, online business, and money-making in an achievable way.
While it can seem like a dream that can’t happen, passive income is totally possible, and this book will give you the keys to getting started. Plus, it will help you stay organized instead of confused about the journey to wealth.
10. Passive Investing Made Simple: How to Create Wealth and Passive Income Through Apartment Syndications
In Passive Investing Made Simple, Anthony Vicino and Dan Kreuger focus their book on passive income through apartment syndications. It’s a specific sort of book for people interested in real estate and building wealth through that.
The authors advise people who want to make more passive income but may be unfamiliar with the real estate biz. Check out this book if you think you want to get into passive real estate investing.
11. Why Doctors Don't Get Rich: How YOU Can Create Freedom with Passive Income Investing
Confused by the title "Why Doctors Don't Get Rich"? Author Tom Burns MD shares his advice in this comprehensive guide towards wealth. He explains the process of investing, passive income, taxes, and more. This book offers a new perspective and a how-to approach that can help people who want to better understand money.
12. The Power of Passive Income: Make Your Money Work for You
Author Nightingale-Conant and the staff at Entrepreneur Media give their best advice for wealth building and securing your future in The Power of Passive Income.
There are a lot of passive income books, but the unique thing about this one is that it will help you develop a plan for your life that will create the amount of wealth you want. Using passive income as a resource, you will see what works for you as an individual.
13. Make Money While You Sleep: Use the Knowledge You Already Have to Create Passive Income Freedom
If you want to earn money fast then Make Money While You Sleep is the step-by-step guide to get you there! Michelle Kulp teaches you how to "go from idea to income" in just 30 days. She teaches you how to turn your knowledge into a profitable digital asset that you can sell. You will learn how to create a profitable online course that keeps generating income.
This book also includes how to niche down your skillset and become a specialist so you can make more money. It also teaches you how to find clients, and it includes templates, checklists, and blueprints to lead you to success. So, if you have ever thought about selling your knowledge this is one of the best passive income books to help you do it.
14. The Ultimate Tutorial for Generating Passive Online Income: Best Ways to Create Online Business and to Start Earning Money Online and From Home
Learn how to make more money in less time with The Ultimate Tutorial for Generating Passive Income book. In this how-to guide, Anthony Johnson covers the best paying passive income streams that range from making YouTube videos to writing books and more. This book will teach you how to make passive income from home and lead you to financial freedom fast!
15. Financial Freedom with Real Estate Investing: The Blueprint To Quitting Your Job With Real Estate - Even Without Experience Or Cash
So, have you thought about getting into real estate investing but are not sure how to do it? Well, Financial Freedom with Real Estate Investing is a must-read because it is the perfect blueprint for anyone interested in apartment building real estate investments.
In this book, Michael Blank discusses how to raise money for your first deal, how to get your offers accepted, the #1 way to find the best deals, and more. Plus, you don't need years of experience to get started, thanks to this book!
16. How to Make $100,000 per Year in Passive Income and Travel the World: The Passive Income Guide to Wealth and Financial Freedom
Do you dream of living on a tropical island or traveling the world? If so, then How to Make $100,000 per Year in Passive Income will teach you just how to do it. Chase Andrews discusses 14 strategies for creating passive income that will bulk your bank account.
Some of the strategies included are how to create a blog, how to create a six-figure dividend portfolio, how to make a fortune selling ebooks, and much more. So, why not start working towards your dream life and give this fantastic book a read!
17. The Side Hustle Guide: Build a Successful Side Hustle and Increase Your Income
One of the best ways to create passive income is through a side hustle. If you want to learn how to build a thriving side hustle then you must grab a copy of The Side Hustle Guide by Clever Girl Finance founder, Bola Sokunbi! Bola guides you through exactly how to start a side hustle from scratch and make it prosper.
She also teaches you how to build your confidence, eliminate your fears, and strengthen your focus. Learn how to create a business plan, brand, and grow your new business so you can start working towards building wealth! You should also check out the Learn How Investing Works, Grow Your Money book to create passive income through investing!
How to make the most of your reading
Gaining some knowledge from these authors and books will help you to develop ideas and habits now that can create wealth and passive income in the future - both distant and very soon! So, consider these ideas to make the most of your reading.
First, read through this list and buy or borrow at least two books with different perspectives. (It will help if one is more general and the other focuses on a specific type of business or idea like real estate or online business, whatever is interesting to you.)
Second, when you begin reading these books, take notes! You may forget some of what you read, but if you take the time to write down any ideas or thoughts that you get as you go along, it’s more likely that you’ll remember and implement what you learned. Last, once you’ve read through your first two books, pick a few more and repeat the process.
After researching passive income through reading, you might find that you quickly feel like an expert!
Read these passive income books to learn how to build real wealth!
Passive income is one of the best and most reliable sources of wealth building. Many have used it to build their dream life and create a successful future. With that in mind, know that the sooner you begin, the better because you can grow that income over time.
Learn about businesses and passive income ideas and find out what you enjoy and what brings in the most money. Have fun reading through these passive income books, and know that with each page, you are gaining more knowledge and are helping your future self to create more wealth!
So are you ready to learn how to increase your income even more? Then sign up for our completely free course to learn everything you need to know about increasing your income streams! Also, be sure to subscribe to the Clever Girl Finance YouTube channel, and Clever Girls Know podcast for more great tips on boosting your income and more!