Money

7 books about money that make great gifts for every type of college grad

Graduating students wait for the start of New York University's commencement ceremony at Yankee Stadium, May 16, 2018 in the Bronx borough of New York City.
Drew Angerer | Getty Images

After college, newly minted graduates are figuring out how to interview for their first jobs, manage their first paychecks and keep their heads above water in the 'real world.'

Give the grad in your life an edge with the gift of wisdom.

CNBC Make It rounded up seven books that will help every type of graduate budget their money, grow their wealth and tackle career challenges head-on. Here's what to buy:

For the grad who's always busy

"Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence " by Vicki Robin and Joe Dominguez

This book hammers home the idea that you exchange your time for money. It encourages you to start thinking about how many hours of your life it took to save up the money to buy something and ask yourself questions like, 'How much of my life did I trade for this?' And 'is it worth it?'

It's been endorsed again and again by self-made millionaires, including Chris Reining, 38, who crossed the $1 million threshold at age 35. He calls it "the book that changed my life."

Chart asset: your money or your life

For the grad who hopes to retire early

"The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich " by David Bach

Self-made millionaire and financial advisor David Bach corrects some important misconceptions about money in his easy-to-read bestseller.

As you'll learn in "The Automatic Millionaire," you don't need a budget, you don't need to make a lot of money and you don't even need willpower to accumulate a fortune.

Chart asset: automatic millionaire

For the grad figuring out how to handle their own finances

"You Need a Budget: The Proven System for Breaking the Paycheck-to-Paycheck Cycle, Getting Out of Debt, and Living the Life You Want " by Jesse Mecham

In this book, Mecham throws typical budgeting rules out the window and replaces them with four easy-to-follow guidelines for taking control of your money. The system emphasizes giving every dollar a job and focusing on how to spend the money you have right now rather than the money you'll earn in the future.

"You Need a Budget" simplifies the process of budgeting and can be paired with Mecham's online tools of the same name for anyone who wants to immediately put what they've learned into action.

Chart asset: YNAB book

For the overachiever

"The Girl's Guide: Getting the hang of your whole complicated, unpredictable, impossibly amazing life " by Melissa Kirsh

This guide to everything breaks down the basics of post-grad life, from writing a cover letter to wedding etiquette. Grads may have a lot to figure out upon entering the workforce and the rental market but Kirsh can help them get a handle on anything life may throw their way.

The chapter on money explains key financial topics, including investing, taxes and credit cards, in accessible language that anyone can understand.

Chart asset: Girls Guide cover

For the planner

"I Will Teach You To Be Rich " by Ramit Sethi

Sethi explores the idea that there aren't any secrets to getting rich — it just takes small steps, a bit of discipline and a willingness to simply get started on managing your money.

The straightforward book guides readers through Sethi's four pillars of personal finance — banking, saving, budgeting and investing — while delivering advice that is unpretentious and actionable.

I Will Teach You To Be Rich

For the entrepreneur

"Business Adventures: Twelve Classic Tales from the World of Wall Street " by John Brooks

Rich people tend to believe that starting a business is the fastest way to make money. This read, endorsed by self-made billionaires Bill Gates and Warren Buffett, will teach you how to do just that.

Don't let the 1969 publication date throw you off. While a lot has changed in the business world since the 1960's, the fundamentals of building a strong business have not, Gates notes in a review, adding, "Brooks' deeper insights about business are just as relevant today as they were back then."

For the future CEO

"I Shouldn't Be Telling You This: How to Ask for the Money, Snag the Promotion, and Create the Career You Deserve " by Kate White

White's no-nonsense advice is relevant to professionals at any level in their career. She breaks down how to handle tough workplace situations, from developing a positive reputation to asking for a promotion to managing coworkers.

The book also delves into the concept of work-life balance and explores the importance of not only managing your career, but your personal life as well.

Chart asset: I Shouldn't Be Telling You This cover
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Graduating students wait for the start of New York University's commencement ceremony at Yankee Stadium, May 16, 2018 in the Bronx borough of New York City.
Drew Angerer | Getty Images
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