The World's Best Book Summaries
What is a value network? What is the significance of value networks for innovation? Value networks are the sum of producers and markets for the components of a product. They represent the value of each piece. Read more about value networks and understand what a value network means for innovation.
What are examples of poverty in The Glass Castle? How does the Walls family deal with poverty? Poverty in The Glass Castle is a constant issue. The Walls family deals with poverty throughout the story, and the Walls children are frequently left to fend for themselves when it comes to food and shelter. Read more about poverty in The Glass Castle and Jeannette Walls.
What is loan risk? How does loan risk affect the outlook for taking out student loans and mortgages? Loan risk is any potential pitfall of issuing a loan. Borrowers get poorer terms when the lender sees risks. Read on to understanding loan risk and the impact on borrowers for student loans and mortgages.
What is mortgage discrimination? Who is affected by discrimination in mortgage lending? Mortgage discrimination is a problem for people of color and less educated communities. Certain mortgages are also less advantageous regardless of the discrimination in mortgage lending. Read on to learn about mortgage discrimination and how to identify lending issues.
What are financial nudges? How can financial nudging help people improve their lives? Financial nudges are used for savings, investing, and borrowing decisions. These encourage greater savings, improved returns, and less bad debt. Read more about financial nudges and how they can help you.
What are behavioral biases in investing? How does Nudge suggest addressing them? Biases in investing are the psychological obstacles that prevent you from making rational decisions. Adjustments, like nudges, can encourage better choices. Keep reading to see how biases in investing might be hurting you.
What is an automatic savings program? Why is enrolling in automatic savings a good choice? Automatic savings is a strategy that makes saving money a passive activity. By not forcing yourself to remember and act in order to save, you encourage greater savings over a period of time. Read more about automatic savings and the libertarian paternalism principles applied.
What are the Rich Dad, Poor Dad characters? What do the characters teach author Robert Kiyosaki about money? The Rich Dad, Poor Dad characters each help Robert Kiyosaki learn valuable lessons. While there aren’t many characters in Robert Kiyosaki’s narrative, each of the the Rich Dad, Poor Dad characters show how you can learn to manage money so that you can be secure and financially independent.
Who is the Rich Dad behind Robert Kiyosaki’s bestselling book Rich Dad, Poor Dad? Since Robert Kiyosaki’s book came out, fans and skeptics alike have tried to learn the answer to the question “who is the rich dad?” Robert Kiyosaki has never directly answered the question “who is the rich dad,” but we do have some clues that point to Richard Kimi as a likely candidate.
Is a house an asset or a liability? Can choosing not to own a house help you achieve your financial goals faster? In Rich Dad, Poor Dad Robert Kiyosaki asked the question “is a house an asset or a liability?” Kiyosaki argues that owning a house as a primary residence is a liability. While popular opinion believes that owning a house is an asset, Kiyosaki discusses the different between assets and liabilities below and dives into why he thinks a house is a liability.