Money and Love: An Intelligent Roadmap for Life's Biggest Decisions (Hardcover)
MONEY & LOVE: An Intelligent Roadmap for Life’s Biggest Decisions is a guide for navigating life’s most consequential and daunting decisions using research-based insights road-tested in a popular Stanford University course.
Should I move in with this person? Should I quit my job? When is the “right time” to have another child? All these life-altering questions at the juncture of money and love can be overwhelming. Often, we answer them either by staying overly rational or by only listening to our – at times fickle – hearts. Hardly ever, when faced with daunting questions, do we have the keys to combine both head and heart in a balanced and fulfilling way.
Labor economist and Stanford Professor Emerita Myra Strober and social innovation leader Abby Davisson know that in our daily lives money and love are interdependent. Whereas most decision-making guides focus only on one or the other, Money and Love shows us and our loved ones how to consider them jointly using the original, step-by-step 5Cs method:
- CLARIFY: Consider what you want vs. don’t through self-reflection.
- COMMUNICATE: Include input from those who will be impacted by your decisions in your decision-making process.
- CHOICES: Broaden your perspectives to open up your options.
- CHECK IN: Ask around for advice, guidance, and resources.
- CONSEQUENCES: Consider the effects of your decisions and how that may impact all aspects of your life.
At a time when we are experiencing the most significant shift in work-life balance in decades – marked by remote work, the Great Reshuffle, and a mass reconfiguring of family dynamics and social/professional networks – Strober and Davisson’s framework offers simple and effective steps to empower readers to make the best strategic decisions without having to sacrifice their careers or personal lives.
Myra Strober is a labor economist and Professor Emerita at Stanford University. She was the founding director of the Stanford Center for Research on Women (now the Clayman Institute for Gender Research) and the first chair of the National Council for Research on Women.
Abby Davisson is a social innovation leader and career development expert. Most recently, she spent nine years at global retailer Gap Inc., where she served as President of Gap Foundation and co-founded the company's employee resource group for parents and caregivers.
“The authors’ emphasis on planning ahead and their helpful exercises go a long way toward highlighting their simple but powerful point that love and one’s finances are interdependent, and key life conversations should account for both. Readers struggling with big decisions will find this a handy resource.” — Publishers Weekly
“Our personal and professional lives have never been more intertwined than they are today and Strober and Davisson clearly prove that fully embracing both in an integrated way is the best way to lead a fulfilling life.”
— John Donahoe, CEO of Nike
“Money and Love offers an approachable guide to help you find a fair partner, set up your relationship for success, and most importantly provide the tools needed to make it last. Strober & Davisson use a well-balanced mix of storytelling, real-world experiences, and science to approach a very heavy and often overwhelming subject.”
— Eve Rodsky, New York Times best-selling author of Fair Play and National Bestseller, Find Your Unicorn Space
"This book should be required reading for anyone seeking to optimize decisions about money and love. Strober and Davisson’s approach is life-changing.” — Nir Eyal, bestselling author of Indistractable: How to Control Your Attention and Choose Your Life
“ A truly extraordinary and actionable resource for having thoughtful, informed, and brave conversations about what matters most.” — Melissa Giraud and Andrew Grant-Thomas, parents and cofounders of EmbraceRace
“Having been CEO of three brands while raising four children, I believe it’s possible to have both money and love – but only if you’re intentional. In a real and relatable way, Strober and Davisson guide us through the big decisions we make, empowering us to build a full joyful and purposeful life.”
— Nancy Green, former CEO of Old Navy, Athleta, and Shabby Chic
“According to The Beatles ‘money can’t buy me love’ but Strober and Davisson show how to think about your choices so that careers and relationships can jointly flourish. Great reading on life’s most difficult and important decisions.”
— Andrew Scott, professor of economics at London Business School and author of The 100-Year Life
"A thoughtful, practical guide that will help readers make wiser and more fulfilling decisions." — Tara Mohr, author of Playing Big & Eric Ries, author of The Lean Startup, married partners and parents
"There is a huge difference between spending and investing. That's true with money. It's true with time. And it's true with love. And it's beautifully illustrated by Strober and Davisson in their book, Money and Love. With all the tradeoffs we face in life, let this book be your operating handbook for making your most important decisions." — Greg McKeown, podcaster and author of two New York Times bestsellers, Effortless and Essentialism
"Strober and Davisson have written a book that delivers on provocative ideas and information – and, far more importantly, a truly useful framework – for tackling life's most important decisions." — Seth Stephens-Davidowitz, author of Don’t Trust Your Gut and Everybody Lies
"Reframing big problems into manageable ones and adopting a doable decision making process are power tools for navigating the complexities of modern adult life. And nothing is more complex than money and love." — Dave Evans, co-author, Designing Your Life: How to Build a Well-Lived, Joyful Life