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All the Money in the World: What the Happiest People Know About Getting and Spending

von Laura Vanderkam

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892303,605 (3.5)3
How happy would you be if you had all the money in the world? The universal lament about money is that there is never enough. We spend endless hours obsessing over out budgets and investments, trying to figure out ways to stretch every dollar. We try to follow the advice of money gurus and financial planners, then kick ourselves whenever we spend too much or save too little, For all of the stress and effort we put into every choice, why are most of us unhappy about our finances? According to Laura Vanderkam, the key is to change your perspective. Instead of looking at money as a scarce resource, consider it a tool that you can use creatively to build a better life for yourself and the people you care about. For instance, the average couple spend $5,000 on engagement and wedding rings, making these pricey purchases largely because everyone else does. But what if you decided to spend $300 on rings and apply the rest to future date nights, weekend getaways, and thinking-of-you bouquets over the next ten years? In the long run, what would bring more joy to your marriage? Likewise, will owning a home with a pristine lawn and a two-car garage-the American Dream-really make you more satisfied? Or are you saving up for this investment just because financial planners tell you it's worth it? Vanderkam shows how each of us can figure out better ways to use what we have to build the lives we want. Drawing on the latest happiness research as well as the stories of dozens of real people, Vanderkam offers a contrarian approach that forces us to examine our own beliefs, goals, and values. Among her advice- Laugh at the Joneses- It's human nature to compare yourself to those around you, but you can create a lifestyle that brings you personal satisfaction without copying your neighbors. Give yourself the best weekend ever- Studies show that experiences oftern bring more pleasure than material goods. With a little planning and creativity, you can give yourself a memorable getaway with leaving town or going broke. Embrace the selfish joy of giving; Giving back not only helps you build karma, it also helps you build a community-which is much more fulfilling than a tax deduction. All the Money in the Worldis a practical and inspiring guide that shows how money can buy happiness-if we spend it wisely.… (mehr)
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An interesting look at the relationship between money and happiness.
1) experiences often bring more pleasure than material goods
2) don't try to keep up with the neighbors, find your own path
3) embrace the selfish joy of giving

Short, quick read. ( )
  Bookjoy144 | Mar 2, 2022 |
All the Money in the World is a thoughtful series of essays on earning and using money to maximize your happiness. It’s full of interesting thought experiments, facts, and questions that will make you think about money in ways you never have before. The writing is great, reminding me of Malcolm Gladwell’s many books or Mirroring People, and definitely meeting my criteria that it be clear and concise. Although the chapters could be read as stand-alone essays, the interesting topic kept me reading one after another. My favorite parts were the fascinating personal anecdotes, but it was also important to me that the author cited research studies to back up her advice. Finally, there are actionable suggestions throughout which are collected into a useful worksheet at the end of the book. This was exactly what I look for in a self-help book – interesting, research-based, well-written, and useful.

This review first published on Doing Dewey. ( )
  DoingDewey | Dec 12, 2012 |
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How happy would you be if you had all the money in the world? The universal lament about money is that there is never enough. We spend endless hours obsessing over out budgets and investments, trying to figure out ways to stretch every dollar. We try to follow the advice of money gurus and financial planners, then kick ourselves whenever we spend too much or save too little, For all of the stress and effort we put into every choice, why are most of us unhappy about our finances? According to Laura Vanderkam, the key is to change your perspective. Instead of looking at money as a scarce resource, consider it a tool that you can use creatively to build a better life for yourself and the people you care about. For instance, the average couple spend $5,000 on engagement and wedding rings, making these pricey purchases largely because everyone else does. But what if you decided to spend $300 on rings and apply the rest to future date nights, weekend getaways, and thinking-of-you bouquets over the next ten years? In the long run, what would bring more joy to your marriage? Likewise, will owning a home with a pristine lawn and a two-car garage-the American Dream-really make you more satisfied? Or are you saving up for this investment just because financial planners tell you it's worth it? Vanderkam shows how each of us can figure out better ways to use what we have to build the lives we want. Drawing on the latest happiness research as well as the stories of dozens of real people, Vanderkam offers a contrarian approach that forces us to examine our own beliefs, goals, and values. Among her advice- Laugh at the Joneses- It's human nature to compare yourself to those around you, but you can create a lifestyle that brings you personal satisfaction without copying your neighbors. Give yourself the best weekend ever- Studies show that experiences oftern bring more pleasure than material goods. With a little planning and creativity, you can give yourself a memorable getaway with leaving town or going broke. Embrace the selfish joy of giving; Giving back not only helps you build karma, it also helps you build a community-which is much more fulfilling than a tax deduction. All the Money in the Worldis a practical and inspiring guide that shows how money can buy happiness-if we spend it wisely.

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