Give Books That Make a Difference

John Ruskin, a British art critic and author, said this about books: "All books are divisible into two classes: the books of the hour, and the books of all time."

I think there is a third class of books: books that inform for a lifetime. I have come to realize that prosperity happens on purpose -- read the right financial book, and it can change your life.

So as you are out shopping for the holidays, think about choosing a gift that has a long-term value. In fact, this year my favorite financial gifts are books.

In many ways, this list is an answer to some of the many e-mails and letters I get from folks asking me what financial books they should buy for themselves or as gifts.

For example, Peg Calder, who is retired and living in Vermont, wrote: "Although I have been a money worrier most of my life, I find that I am worrying about it even more now. I am financially secure and think this is an emotional rather than fiscal issue with me. Have you found any books dealing with this?"

If there is a money worrier in your life, get him or her Olivia Mellan's "Money Harmony: Resolving Money Conflicts in Your Life and Relationships." This is a book for both individuals and couples searching for financial peace.

"Money harmony comes from within," Mellan writes. "It cannot be bought by simply acquiring more money."

For retirees worried about that next stage in their life, I also suggest "The New Retirement: The Ultimate Guide to the Rest of Your Life" by Jan Cullinane and Cathy Fitzgerald. The authors understand that retirement can be stressful for a lot of people. In fact, they point out that of the 42 life events that are the most stressful (the death of a spouse being No. 1), retirement comes in 10th.

People with retirement financial worries will benefit from "The Retirement Catch-Up Guide: 54 Real-Life Lessons to Boost Your Future Resources Now!" by Ellen Hoffman. Hoffman profiles people who have been able to retire despite low-paying jobs, poor saving habits or credit card debt. Another good retirement guide is "How to Retire Happy: The 12 Most Important Decisions You Must Make Before You Retire" by former Washington Post columnist Stan Hinden.

I often get letters from people asking for tips on books about buying a home. One reader wrote: "My son and his fiancee are 23 years old and are hoping to buy their own first house. Can you recommend a concise book that would give them a quick primer on what not to do and what to definitely do?"

If someone in your life is in the market to buy a house, I suggest "House Poor: Pumped-Up Prices, Rising Rates, and Mortgages on Steroids" by June Fletcher.

For the parents, get "Raising Money Smart Kids: What They Need to Know About Money -- and How to Tell Them" by Janet Bodnar. If they have young children between ages 8 and 12, buy Neale S. Godfrey's "Ultimate Kids' Money Book." If you want to teach young children about charitable giving, get "The Giving Book" by Ellen Sabin. This 64-page, spiral-bound book includes journal pages and fun activities intended to teach children ages 6 to 11 the importance of philanthropy.