The World's Best Book Summaries
What does it mean to truly be happy? Is your definition of happiness being skewed by external sources? Former monk and life coach Jay Shetty argues that people’s idea about what makes them happy are skewed by society and social media. Rather than seeking validation from others, Shetty says that you should seek happiness through defining and following your values in life. Continue reading for more Think Like a Monk book advice from Shetty.
What is subprime lending? How do subprime loans generate profit? Subprime lending is the practice of lending money to risky borrowers. The people who borrow on subprime rates tend to earn low incomes or have impaired credit history. As such, they are willing to pay higher interest rates on the borrowed money. Keep reading to learn about the rise of subprime lending and how it generates profit.
What is the key to being good at investing? What do successful investors do differently? According to financial educator Robert Kiyosaki, the secret to investing is being good at investing. Risk comes from a lack of information. The risk in investing is investing without enough financial literacy or good information. Keep reading for Robert Kiyosaki’s advice for beginner investors.
Do you want to start investing and building your wealth? Can you invest while still in debt? According to Robert Kiyosaki, debt is the biggest obstacle to wealth. Very simply, you need money to be able to invest, and if you are in debt, all the money goes to its repayment. Keep reading to learn about Kiyosaki’s strategy for getting out of debt.
Are you looking for the best Who Will Cry When You Die? quotes by Robin Sharma? What lessons does he teach about gaining control over your life and living without regrets? The aim of this book is simple, Sharma wants to help readers live a fuller life so they do not regret their decisions at the end of their lives. Sharma wants you to stop focusing on the things that don’t make you happy and to regain control of your life that may be on autopilot. Here are some of the best quotes from the book with explanations.
Is there a link between depression and decision-making? Are people happier when they have less control over their lives? According to Barry Schwartz, the author of The Paradox of Choice, the more decisions you have to make and the more options you have to weigh, the more anxious and depressed you become. That’s not to say that he thinks your life should be controlled—but he does believe that people are happier when they have a more limited selection of options. Continue reading to learn why Schwartz thinks expanded choice is contributing to the rise in depression rates.
What is interleaving? How can it help you avoid the potential pitfalls of overlearning? Repetition is an important part of learning. However, it’s possible that too much recall and practice of new information and skills can be counterproductive. The solution is interleaving, which is the use of contrasting techniques in order to master one technique. Read more to learn how interleaving is the antidote to overlearning.
Is Chip and Dan Heath’s The Power of Moments worth reading? What is the key message to take away from the book? In their book The Power of Moments, Chip and Dan Heath break down the elements of defining moments and teach you how to use them to make everyday experiences meaningful and memorable. They propose a four-element framework of a defining moment: 1) elevation, 2) insight, 3) pride, and 4) connection, and offer some strategies for using each element for making everyday moments special and meaningful. Below is a brief overview of the key takeaways.
What’s so great about the codependency 12 step program? What are the four principles behind the program? In Codependent No More, Melody Beattie explores codependency and how it affects people’s lives. A self-help classic and the book that inspired codependency 12 Step Programs around the country, Codependent No More provides explanations, advice, and compassion for people struggling with codependency. Here’s how 12 Step Programs work—and the principles behind the 12 steps to overcoming codependency.
What is ethical marketing? Is there a meaningful difference between fibs and frauds? In All Marketers Are Liars, Seth Godin argues that good marketing is good storytelling. He explains that it’s ethical to stretch the subjective truth when you tell a story, but that you cross a line when you stretch the objective truth with claims that can be proven false. Read more to learn the finer points of ethical marketing.