All the Money in the World

All the Money in the World

What the Happiest People Know About Getting and Spending

Book - 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 World is a practical and inspiring guide that shows how money can buy happiness-if we spend it wisely.

Publisher: New York : Portfolio/Penguin, 2012
ISBN: 9781591844570
Characteristics: vi, 248 p. ; 24 cm


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Oct 25, 2017

I liked this book because rather than "save money" she focuses on "earn more."
This makes me think of how I can make money with what I already have (sell things, use my language skills, etc.).
There was a section of the book that said something along the lines of "it's okay to spend money to make yourself happy now." This made me happy because we hear and read a lot of "Invest now! Save now! For the future!" But then, does this mean we can't buy things to make us happy in the present time? I appreciate the author having this view.
I understand that her approach of "earn more" may not be for everyone. But it's one perspective to think about, and I appreciated that.

Dec 29, 2012

Very weak. While the author indicates she wants people to feel happy about their money choices, her half baked ideas and opinions left me sad. Sad that I wasted my time reading her uninformed drivel.

Dec 14, 2012

While she presents interesting ideas, the author is not a personal financial expert and it shows. The first advice she doles out is earn more instead of trying to cut down your grocery bill for example. Umm, yeah. No one's thought of that before.


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Dec 29, 2012

HandyFellow thinks this title is suitable for 18 years and over


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