What Is the Difference Between Money and Wealth?

What Is the Difference Between Money and Wealth?

What is the difference between money and wealth? Which one should be your focus? Typically, we understand wealth to be the same as net worth, the sum of your assets. However, entrepreneur and self-made millionaire Naval Ravikant sees wealth a bit differently. The Almanack of Naval Ravikant shares his definition of wealth and how he distinguishes it from money. Then, it explains why Ravikant believes you should focus on generating wealth rather than money. Keep reading to learn about this way of looking at money and wealth.

Supernatural Beliefs & Pseudoscience (Carl Sagan)

Supernatural Beliefs & Pseudoscience (Carl Sagan)

What’s pseudoscience? Why do some people believe in astrology and angels? What harm can it cause? Carl Sagan claims that unscientific beliefs are becoming more and more common in the modern age. In The Demon-Haunted World, he discusses pseudosciences and supernatural beliefs. He explains how they spread and why they’re dangerous, arguing that this type of belief impairs our ability to make decisions of all kinds. Keep reading for Sagan’s take on pseudoscience and the supernatural.

How to Have a Happy Life Through Gain-Thinking

How to Have a Happy Life Through Gain-Thinking

What’s Gain-thinking? How can it improve the quality of your life? What harm can come from Gap-thinking? When you compare who you are now to who you want to be, you’re resigning yourself to a life of unhappiness. Your ideal self is constantly changing, making your goals impossible to reach. Instead, you must compare who you are now to who you used to be so that you can see how far you’ve come. This simple shift in thinking makes all the difference in living a happier life. Read more to learn how to have a happy life through Gain-thinking.

How to Change Your Behavior: 3 Steps to a New Life

How to Change Your Behavior: 3 Steps to a New Life

Are you stuck in a cycle of negative thoughts and behaviors? Are you ready to break out of that cycle? In his book Outwitting the Devil, Napoleon Hill explains that we get set in certain behavior patterns. You can break out of a negative pattern and establish a new, positive one. He recommends three steps: set a life goal, choose faith over fear, and never accept less than you deserve. The overarching principle of these steps is to be confident and committed in everything you do. Read more for Hill’s discussion of how to change your behavior.

Why Do You Need a Will? The Wealthy Barber Explains

Why Do You Need a Will? The Wealthy Barber Explains

Why do you need a will? What would happen to your assets if you don’t have one? An important part of sound personal finances is protecting yourself and your family. If you don’t have a will, all of your financial planning and success could be lost after you’re gone. David Chilton, in his book The Wealthy Barber, strongly advises that you have a will in order to leave a strong financial legacy and protect your family. Read more to learn why it’s important to have a will.

How to Understand Human Behavior Through Systems

How to Understand Human Behavior Through Systems

Would you like to know how to understand human behavior better? Do you want to change your own behavior? A lot of the ideas in The Great Mental Models Volume 3 are concerned with understanding behavior. In fact, when the authors talk about systems, they are most interested in how systems explain behavior. In particular, they discuss what feedback loops and algorithms tell us. Let’s look at how systems shape our behaviors and explore some factors to keep in mind if the goal is behavior change.

The Demon-Haunted World by Carl Sagan: Overview

The Demon-Haunted World by Carl Sagan: Overview

What does Carl Sagan mean when he says that the world is “demon-haunted”? What does he recommend as a solution to this problem? Renowned astronomer and science popularizer Carl Sagan believes the world is in a precarious position. Science has taught us a great deal about the world and brought about many beneficial changes to humanity, yet we still cling to unscientific beliefs and ideas at an alarming level. Sagan argues that, as we advance into the 21st century and beyond, our collective ignorance of scientific methods, values, and thinking may be catastrophic to us and the world we live

The Difference Between Internal and External Motivation

The Difference Between Internal and External Motivation

What’s the primary source of your motivation? Is your reference point yourself or others? The book The Gap and The Gain lays out the difference between Gap- and Gain- thinking, which are two ways to measure your progress and success in life. One feature that distinguishes these two mindsets is the source of your motivation. Gap-thinking is associated with external motivation (relying on standards set by others), while Gain-thinking involves internal motivation (relying on standards set by you). Continue reading to understand the difference between internal and external motivation and what impact they each have on your happiness.

How to Resist the Devil: The 6 Things You Must Do

How to Resist the Devil: The 6 Things You Must Do

Do you know how to escape the devil’s influence? What practical steps can you take each day to keep him from taking control of your life? In his 1937 bestseller Think and Grow Rich, Napoleon Hill interviewed hundreds of American businessmen to gather their wisdom on how to achieve professional success. In his follow-up, Outwitting the Devil, Hill examines how failure and bad habits keep people from reaching their fullest potential, this time through a single interview—with the devil himself. Outwitting the Devil describes how you can escape the devil’s influence and avoid being turned toward inaction and evil by dedicating