Read & Discuss – How to Think About Money by Jonathan Clements

During this meetup, we will discuss How to Think About Money by Jonathan Clements.

"There are those who think the goal of investing is to beat the market and amass as much wealth as possible, that street smarts and hard work ensure investment success, and that the road to happiness is paved with more of everything. And then there are those who get it.

Want a more prosperous, less stressful financial life? Jonathan Clements, longtime personal finance columnist for The Wall Street Journal, is here to help. His goal: to provide readers with a coherent way to think about their finances, so they worry less about money, make smarter financial choices and squeeze more happiness out of the dollars that they have.

How to Think About Money is built around five key ideas:

• Money can buy happiness, but we need to spend with great care.
• Most of us will enjoy an extraordinarily long life--and that has profound financial implications.
• We are hardwired for financial failure, so sensible money management takes great mental strength.
• We need to bring order to our financial life--by focusing on our paycheck, or lack thereof.
• If we want to add to our wealth, we should strive to minimize the subtractions."

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Some more general notes about the book club:

• We rotate through different types of books, with some covering historical or current events and others more along the lines of practical advice about how to do something.
• No specific ideas are necessarily endorsed – we try to read a variety of topics to expose ourselves to new ideas and ways of thinking.
• We try to grab the room to the back-right of Fortnight Brewing Company's main inside seating area (coming in the door on the front of the building, facing Maynard Road), but will get a table nearby if the room isn't available.
• No worries about coming in mid-discussion ― we usually manage to get off-topic anyways ― and feel free to come even if you didn't manage to finish the book. Also, no shame if you listen to it on Audible!