How the Wealthiest Families Teach Their Kids About Money! Do This to Unlock Abundance!

In How Will You Measure Your Life? business consultant and Harvard professor Clay Christensen shows how economic theories that help businesses succeed can also help individuals make better life decisions. He presents theories and business case studies that show you pitfalls to avoid (such as marginal thinking and outsourcing your parenting), and also how to build a career that makes you happy, how to deepen your relationships with your spouse and children, and how to live with integrity. Together, they offer a philosophy for living a fulfilling life.

We love tales of geniuses and underdogs who rise to success through extraordinary talent and hard work—but this isn’t the whole story. In Outliers, Malcolm Gladwell argues that these stories of supposedly self-made men and women mislead us into thinking that success is an individual achievement. But in reality, every successful person had circumstances that contributed to their success.

In this guide, we’ll explain why uncontrollable factors like when you’re born, how you’re raised, and the culture you grow up in impact your success just as much as personal attributes. We’ve also included commentary that adds context to the case studies, provides nuance to the principles, and offers alternative explanations for Gladwell’s conclusions.

Do you dream of owning your own business but aren’t sure how to get funding to start it? In The Minimalist Entrepreneur, Sahil Lavingia says you don’t need any. In this book, the successful business owner gives detailed advice for starting your own profitable “minimalist” business without using venture capital or spending a penny on advertising.

In this guide, we’ll explain Lavingia’s business model, from identifying a business you’ll love to run by finding inspiration in your own communities, to setting up, testing, marketing, and launching your business. We’ll also discuss how to run your business sustainably, with the ultimate goal of achieving “time affluence” for yourself, and making a positive contribution to the world.

Throughout, we’ll compare and supplement Lavinagia’s advice on starting a business with that from other books like The Lean Startup, The $100 Startup, and Blue Ocean Strategy.

In 1-2-3 Magic, clinical psychologist Thomas W. Phelan introduces a simple countdown approach to discipline that lets you spend less time managing your child’s behavior and more time enjoying your relationship. The book distills discipline into two tasks: stopping unwanted behavior and initiating productive behavior. Phelan explains that when you’re able to spend less time on discipline, you’ll have more time to focus on your more enjoyable parental duty: cultivating a warm and loving relationship with your child.

Phelan’s approach will resonate with parents looking for a discipline model that builds children’s self-efficacy, self-esteem, and independence. His tools help you redirect behavior, skip lectures, reduce conflicts, and establish positive routines. We’ll supplement Phelan’s advice with additional tips for parents on how to change their own behaviors, insights into how some of Phelan’s recommendations can apply to adults, and historical background on child discipline.

Most of us assume financial success depends on education and intelligence. But in The Psychology of Money, finance expert Morgan Housel presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Housel posits that when you understand how emotions and beliefs influence your financial decisions, you’ll make better financial decisions.

In this guide, we compare Housel’s advice with that of other finance experts and supplement his ideas with concrete recommendations. You’ll learn why people fail to achieve financial success and what’s behind your desire for money. You’ll also learn what to include in a financial strategy, how to create one you can follow for decades, how to follow it through those decades—and how to pay attention to the information you need to do so.

Your Money or Your Life guides you through 9 steps to reach financial independence—not having to work for money. Unlike other personal finance books, this book is about more than budgeting. Rather, it’s about changing your entire relationship with money and, consequently, living a more meaningful life. You’ll learn to think of money as “life energy”—the time and energy you dedicate to paid work—and use this new mindset to align your spending habits with your values, purpose, and dreams.

You don’t have to choose between saving money and enjoying your life. Transforming how you think about money is the key to having both the life you want and the money to achieve and maintain it. In the 9-step program, you’ll learn to pay down your debt, generate passive income, simplify your life, and retire early.

Most of us assume financial success depends on education and intelligence. But in The Psychology of Money, finance expert Morgan Housel presents an alternate hypothesis: The key to financial success lies in understanding human behavior. Housel posits that when you understand how emotions and beliefs influence your financial decisions, you’ll make better financial decisions.

In this guide, we compare Housel’s advice with that of other finance experts and supplement his ideas with concrete recommendations. You’ll learn why people fail to achieve financial success and what’s behind your desire for money. You’ll also learn what to include in a financial strategy, how to create one you can follow for decades, how to follow it through those decades—and how to pay attention to the information you need to do so.

Jack Canfield struck gold as a co-author of the best-selling Chicken Soup for the Soul book series, but it took years for him to achieve success. In The Success Principles, he details 67 principles to help anyone achieve their goals and dreams, based on his study and interviews with hundreds of successful people. The basic formula for success is to identify what you want, know that you deserve to have it, and use the book’s principles to get you there.

The book's Principles include taking responsibility for your life, setting goals and visualizing success, facing your fears, forgiving others so you can move forward, asking for and graciously receiving feedback, and appreciating your successes.

Do you feel insecure about your finances and powerless to improve them? If so, you’re not alone.

Many experts suggest advice for overcoming this feeling. While they offer different approaches to financial management, they tend to agree on the first step toward taking control of your finances: Cultivate an empowering money mindset.

In this Master Guide, we’ll:

• Explain what a money mindset is and how it impacts the way you manage your finances—either empowering you to move toward financial success or disempowering you and worsening your financial situation.
• Provide practical advice for identifying and overcoming beliefs that may be holding you back from financial success.
• Explore insights and suggestions from a range of experts, including self-made millionaire T. Harv Eker, success coach Jen Sincero, finance expert Robert Kiyosaki, habit specialist James Clear, and self-help guru Tony Robbins.

How you handle your finances determines whether you succeed in life. In the Total Money Makeover, radio talk show host and author Dave Ramsey lays out simple steps for freeing yourself from debt and setting yourself up for success: following a monthly budget, buying only what you can afford, eliminating consumer debt, saving for emergencies, investing for retirement and your kids’ college education, and paying off your mortgage. Intended for everyone—from high earners to people thousands of dollars in debt—Ramsey’s common-sense principles put you in control of your money and your life.

In The Millionaire Next Door, authors Thomas J. Stanley and William D. Danko skewer the myths about how (and where) most millionaires live, and what it takes to become one. Their extensive research published in 1996 identified the sometimes surprising characteristics and habits shared by many millionaires. For instance, millionaires are often bargain shoppers (they buy used cars and off-the-rack clothing), pay only a small percentage of their wealth in income taxes, and shun the lavish lifestyles we often associate with being rich.

The book explains how to determine what your net worth should be, according to your age and income, and how you can build wealth over time and become a millionaire—if you have the discipline.