Good Money: Six Steps to Building a Financial Life with Purpose

Summary

Traditional personal finance books generally promote the same goals for everyone: make as much money as possible, fund your kids' college educations, and save for retirement. These books mechanistically advise us to budget, take out a mortgage, open savings accounts, and so on—without much thought as to who we are as individuals. But is that all? Will that formula make you happy?

Good Money is about building a meaningful life, not just a bigger bank account. In this book, investor and author John Coleman offers a new mindset around personal finance, one that puts purpose at its core. He provides a six-part framework for building a relationship with money that leads to human flourishing: Change the way you think about money; Prioritize purpose in your work and career; Spend and consume wisely; Use your means to help others; Invest for maximum impact; and Save for freedom, not retirement.

Filled with detailed examples and firsthand interviews as well as guidance on applying these principles to the well-being of your children and family, Good Money walks you through each of these steps, providing helpful—and sometimes counterintuitive—advice on how to use your wealth to flourish, find greater significance, and ensure your actions have the impact you want, now and long into the future.