How can millions of readers come to grips with their financial circumstances at a time when no one seems to have enough? Arun Abey and Andrew Ford believe that the answer lies beyond the balance sheet in the heart, mind, and spirit of the individual investor. Having advised investors around the globe, the authors dig deep into the latest economic and behavioral research as they bridge the worlds of financial security and personal well-being. They guide readers through a holistic approach to financial planning, one based on the fact that the money is only one element in the overall chemistry of a happy life. Readers will learn how to plan and invest to match their own goals, not those of their brokers or neighbors. Brilliantly combining economics and psychological thought, How Much is Enough? promises to revolutionize the investment world.
[...]... the best out of life, if you want to make more money and have more fun, you’ll need to plan for both nancial and personal success To make this planning worthwhile, you’ll need to answer the question How much is enough? How much is enough money? How much is enough time with your family? How much is enough time to pursue your passions? How much is enough to balance all areas of your life to achieve... problem; just get a loan How depressing No wonder we’re not happier How did we get here? How Much Is Enough? alerts us to the fact that consumer marketing is increasingly focused on ensuring that we are dissatis ed with what we have and who we are It then proceeds to introduce the concept of hedonistic opportunity cost, that is, a measure of happiness foregone This is a powerful tool that reframes our focus... Reading for Part 2 PART 3 Wealth and Well-being Chapter 12 Good and Bad Advisers Chapter 13 How Much Is Enough? References Index About the Authors ACKNOWLEDGMENTS SINCE THE PUBLICATION OF THE FIRST EDITION of How Much Is Enough? we have spent countless hours discussing, further researching, and making presentations to a range of audiences on the themes of money and wellbeing raised in the book We have... Developing a greater understanding of how you think, why you think that way, and what you can do about it are central to leading a better life How Much Is Enough? helps you get started It provides a framework for understanding the relationship between money and happiness that s right for you, and for bringing more of both into your life Even if you do nothing to maximize your wealth and well-being, the chances... thinker and the founder of ipac, one of the world’s largest nancial planning companies, investments play a big role in the story of How Much Is Enough? However, unlike all too many investment guides, this book is well founded in both solid investment theory and realworld practicality Recognizing that the critical “di erence between success and failure is not how investment markets behave … but how investors... back and consider this sad reality The authors have a passion, and that passion is to ensure that when we look back ten and twenty years from now, we will be happier This book provides the ideas, suggestions, tips, and strategies for assisting us in moving both practically and emotionally onto the right path to win the Happiness Prize In her books, my partner, Deena Katz, tells the story of her mom (and. .. of this can be done without risking large amounts of capital and without the kind of backbreaking e ort required in the past to become wealthy The result is that we can enjoy the best of all possible worlds: better health and longevity, more choices, and enough money to make the most of it ARE WE MAXIMIZING OUR POTENTIAL? Our potential to achieve wealth and wellbeing is practically unlimited, so how. .. of the unhappy rich and nd both wealth and personal well-being? That s where How Much Is Enough? will help you CAUTIONARY FABLES The Greedy Monkey Sir Isaac Newton, one of the fathers of modern science, is somewhat less well known as a share investor Newton was not given to idleness, so when he came into a substantial inheritance, he put his wealth to work At that time, in the early 1700s, the South... credit to this most important volume With the overriding theme that we need to focus on our life, not our money in order to win the Happiness Prize, How Much Is Enough? delivers on its promise to assist you, the reader, “to improve not just your bank balance but your life balance.” —Harold Evensky, CFP, President, Evensky & Katz Author of Wealth Management and coeditor of The Investment Think Tank and Retirement... reader engagement we have received and the personal stories that have been shared openly It seems we are not the only ones asking, and attempting to answer, the question How much is enough? While many of these letters and conversations have been private, one of the most memorable was from an executive who had that morning taken a break from his hectic schedule to walk his young daughter to school for . The Donohue Group, Inc.) Abey, Arun. How much is enough? : making financial decisions that create wealth and well-being / Arun Abey & Andrew Ford of our nances. How Much Is Enough? is more than any guidebook found on the shelves of the self-help section. Its outstanding quality is the depth at which