All the Money in the World: What the Happiest People Know About Getting and Spending
How happy would you be if you had all the money in the world? The universal lament about money is that there is never enough. We spend endless hours obsessing over our budgets and investments, trying to figure out ways to stretch every dollar. We try to follow the advice of money gurus and financial planners, then kick ourselves whenever we spend too much or save too little. For all of the stress and effort we put into every choice, why are most of us unhappy about our finances?
For instance, the average couple spends $5,000 on engagement and wedding rings, making these pricey purchases largely because everyone else does. But what if you decided to spend $300 on rings and apply the rest to future date nights, weekend getaways, and thinking-of-you bouquets over the next ten years? In he long run, what would bring more joy to your marriage? Likewise, will owning a home with a pristine lawn and a two-car garage—the American Dream—really make you more satisfied? Or are you saving up for this investment just because financial planners tell you it’s worth it?
Vanderkam shows how each of us can figure out better ways to use what we have to build the lives we want. Drawing on the latest happiness research as well as the stories of dozens of real people, Vanderkam offers a contrarian approach that forces us to examine our own beliefs, goals, and values.
Among her advice:
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Review: All the Money in the World: What the Happiest People Know About Getting and SpendingUser Review - Katie/Doing Dewey - Goodreads
All the Money in the World is a thoughtful series of essays on earning and using money to maximize your happiness. It's full of interesting thought experiments, facts, and questions that will make you ... Read full review
Review: All the Money in the World: What the Happiest People Know About Getting and SpendingUser Review - Cameronse - Goodreads
I really like vanderkam & her perspective. There were several ideas here which are not found in all personal finance books - think about the value of your time, cut big expenses (housing, cars) rather ... Read full review
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