The World's Best Book Summaries
Do you want to cut expenses? Would like to build up savings or simply live on less? In Your Money or Your Life, Vicki Robin and Joe Dominguez offer nine strategies on how to cut expenses. From avoiding shopping to doing things yourself, these approaches for cutting expenses can make a difference in your life. Read more to discover how to cut expenses.
Why does thought suppression always fail? What methods can you use to strengthen willpower without trying to force yourself not to think about something? When you try to suppress your thoughts and desires, they come back stronger. This is why so many diets fail and one of the reasons it’s so hard to get out of an anxiety or depression spiral. Luckily, there are some hacks you can use to stop thinking about the elephant in the room. Continue below to learn more about thought suppression and willpower techniques.
Have you dreamed of becoming financially independent? Are you already there and wondering, What now? More and more people are becoming financially independent, and they worked hard to achieve this freedom. But the work doesn’t stop there. Find out the myth and reality of becoming financially independent—and how to handle stress, work, and expenses in this new life. Read on to learn how to navigate life once you become financially independent.
What is social proof theory? How can you use social proof to your advantage? Social proof theory is the innate belief humans have that says: if others enjoy something then it must be good. This is why Amazon reviews are so helpful and why we’re more likely to save electricity if our neighbors are doing it too. Social proof can be dangerous but it can also be used for good. Here’s a background on social proof theory and how you can use it to make positive changes in yourself and others.
Have you thought about what money means to you? How does your definition of money impact your life? People think about money in four basic ways. One of these four stands apart as the most useful because of its consistency. What money means to you makes a difference in how you live your life. Read more to learn what money means.
In what ways are form and content co-dependent? How are television and other forms of content hastening the death of our culture? According to Neil Postman, the author of Amusing Ourselves to Death, we are allowing the form (television and other forms of media) to dictate the content of our public discourse. In essence, television is redefining public life, and by extension, our culture and society. Here are some examples of how form dictates content and what it means for our culture.
Do you need some direction to find your life purpose? Do you need help to clarify your values and discover your dreams? In Your Money or Your Life, Vicki Robin and Joe Dominguez explore purpose, values, and dreams in the context of money. When you find your life purpose, identify your values, and clarify your dreams, it’s easier to align your spending with what you want in life. Keep reading to learn how to find your life purpose, values, and dreams.
Do you practice responsible consumption? Do you know the difference it can make for the environment? We often consume things we want, but don’t need. When we over-consume, we deplete the planet’s finite resources. If we fail to practice responsible consumption, we are robbing future generations. Read more to learn how we can strive toward responsible consumption.
What is the what-the-hell effect? Why does your brain tend to take one bad decision and amplify it? The what-the-hell effect is when you make one bad decision—such as eating a slice of pizza while on a diet—and makes it even worse—eating three more pieces because you already ate one. Rather than doing damage control and stopping at one, your brain says “what the hell” and keeps making it worse. Here is the psychological background to the what-the-hell effect and some tips for avoiding it.
Why is The Millionaire Next Door‘s most popular car not a flashy, high-status vehicle? What car do millionaires drive the most? In The Millionaire Next Door, the most popular car is not a high-status vehicle because millionaires understand that flashy cars are overpriced, they prefer to buy quality, used cars. Millionaires prefer full-sized American-made vehicles like Ford, Cadillac, Lincoln, and Jeep. Read on to discover why The Millionaire Next Door‘s most popular car is a regular, affordable vehicle.