Staff Picks 2.0

How to develop a growth mindset, with practical tools to reach your financial goals from the self-development expert and bestselling author of Eat that Frog! Discover the 32 laws that have helped self-made millionaires with successful goal setting, time management, money saving, and financial investments. Legendary author and motivational speaker Brian Tracy returns with a series of 32 immutable laws, each one key to developing a mindset necessary for success while also delivering practical, proven methods and techniques to double and even triple your income. Spread across a structured two-part framework, this book supplies readers the laws that helped Tracy and other self-made millionaires achieve their success. Inside, you'll learn: 32 foundational laws necessary for a growth mindset; Step-by-step processes for putting the laws into practice; How to move past self-limiting beliefs; A time-tested system for setting and attaining goals; Strategies for saving money and investing in your future - and more. Achieving financial freedom can seem daunting, but by using the lessons and exercises contained in this book, you too can harness the laws of money and success to reach your full potential.

This book provides a tailored overview of what AI specifically means for financial services, a highly regulated yet also disrupted industry. It investigates the current state of AI applications in financial services today along with the state of funding and partnerships between tech and banking industries. It also examines the key pillars of responsible AI and the importance of keeping humans in the loop. The book takes a deep dive into the use cases in the financial services industry, the challenges and opportunities, and the fragmented regulatory landscape. How can we effectively assess risks, and balance innovation and customer centricity with trust in AI in financial services? Can smaller organizations reap the benefits of the technology? How can institutions deploy AI responsibly and securely, and promote a fairer and more equitable future for more people?

How to make to make wise financial decisions without the need for expensive professional advice, through good times and bad.

This book is no ordinary personal finance book. It presents, in a highly accessible way, how to effectively understand and manage personal finances, avoiding debt and building for the future, and using straightforward tools and techniques developed in conjunction with business economics. Fun to read, the book teaches core corporate finance principles in a way that helps people become more financially literate in their personal lives.

The first and only comprehensive resource designed to empower everyday people with insider knowledge on moving money for a more equitable economy. The money myths end here. We don't need to choose between creating meaningful wealth for ourselves and our families today, or supporting social movements creating a better tomorrow. We don't all need to become certified financial "experts" to be economically empowered and make a real difference in our communities. And we're far from powerless when it comes to changing the financial system, just because we don't happen to belong to the 1%. Quite the opposite. Financial activism is how everyday people radically reimagine money as a tool for widespread well-being, instead of a weapon of absurdly increasing inequality. It's the antidote to traditional finance that evokes confusion, trauma, and (in the best-case scenario) straight-up boredom. It's how we (the underestimated) collectively resist systems that cause harm to people and the planet for the sake of profit, reclaim wealth that's been stolen, and redesign our relationships with capital and one another, in ways big and small. Going beyond tried financial literacy, The Financial Activist Playbook offers eight accessible, actionable, "choose-your-own-adventure" strategies for readers to experiment with. Drawing on timely insider knowledge from the worlds of impact investing, social justice, and more, Rashid illuminates a treasure trove of stories, demonstrating how people power can flow big bucks out of extractive industries, and into the economy of care and abundance we deserve. Playbook readers will be equipped to start visualizing and influencing the unique networks of wealth all around each of us, with strategies like: Shifting collective budgets and bank dollars; Flexing our role as everyday philanthropists; Leveraging the magic of community investment; And so much more. Laced with refreshing humor, empowering exercises, and a steadfast commitment to truth-telling, Rashid takes readers on an energizing ride of financial possibility and practicality that will reverberate for generations to come.

Financial independence and financial well-being are primary goals for many emerging adults and are often viewed as markers of adulthood. However, many emerging adults throughout the world are struggling financially due to a complex economy and a lack of financial literacy. For example, in the United States more than half of emerging adults live with their parents out of financial necessity and student loan debt has reached unprecedented levels. These financial struggles can be detrimental to emerging adults' physical and mental health and are associated with delayed marriage and parenthood. Flourishing and Floundering Financially in Emerging Adulthood describes the financial floundering that can occur in emerging adulthood and illuminates research-based pathways to financial flourishing. The book features 20 chapters written by experts on various facets of emerging adults' financial literacy, financial considerations specific to emerging adulthood (e.g., college and student loans), the ways in which sociodemographic characteristics are linked to emerging adults' financial literacy, and ways to improve emerging adults' financial literacy. Based on reviewed research, each chapter includes practical tips and suggestions for practitioners and emerging adults to improve financial well-being at this critical life stage.

Household Finance: An Introduction to Individual Financial Behavior speaks to both how people should and how people actually do make financial decisions, and how these financial decisions contribute to and detract from their well-being. Households must plan over long but finite horizons, have important nontraded assets, notably human capital; hold illiquid assets, particularly housing; face constraints on the ability to borrow; and are subject to complex taxation. Some households manage these goals and challenges independently, while still others delegate portfolio management. Household financial problems have many special features that differ from firms, investors, or the functioning of markets. Author Richard Deaves covers the broad range of choices and goals in household finance both in the normative sense (i.e., what is best) based on conventional financial theory and in the positive sense (i.e., what is actually done) based on observing actual behavior. While modern finance builds models of behavior and markets based on strong assumptions such as the rationality of decision-makers, behavioral finance is based on the view that sometimes people behave in a less-than-fully-rational fashion when making financial decisions. Deaves addresses important issues and puzzles in the field such as financial illiteracy, whether education and advice can improve outcomes, intertemporal consumption optimization, consumption smoothing, optimal dynamic risk-taking, the stock market participation puzzle, the credit card debt puzzle, anomalous insurance decisions, mortgage choices, skewness preference, investments driven by availability and attention, local and home bias, the disposition effect, optimal pension design and improving outcomes through nudging in a thoroughly international approach.

This book was designed to reduce mistakes. Your mistakes with money. Tiny errors, epic fails and everything in between. You can do thousands of things right, but make just a few of the errors we discuss, and you destroy much of your portfolio. If you could learn how to avoid the unforced errors investors make all the time, you would make your life so much richer and less stressful. The counterintuitive truth is avoiding errors is much more important than scoring wins. How Not To Invest shows you a few simple tools and models that will help you avoid the most common mistakes people make with their money. Learn these, and you are ahead of 98% of your peers. Make fewer errors, end up with more money. Barry Ritholtz lays out the most common errors investors make. He reveals his favorite mistakes, including the lessons we can learn from some of the wealthiest and most error-prone investors. We all make mistakes. The goal with this book is to help you make fewer of them, and to have the mistakes you do make be less expensive.

The classic work on investing, filled with sound and safe principles that are as reliable as ever, now revised with an introduction and appendix by financial legend Warren Buffett (one of the author's most famous students) and newly updated commentaries on each chapter from distinguished Wall Street Journal writer Jason Zweig. "By far the best book about investing ever written" -Warren Buffett. Since its original publication in 1949, Benjamin Graham's revered classic, The Intelligent Investor, has taught and inspired millions of people worldwide and remains the most respected guide to investing. Graham's timeless philosophy of "value investing" helps protect investors against common mistakes and teaches them to develop sensible strategies that will serve them throughout their lifetime. Market developments over the past seven decades have borne out the wisdom of Graham's basic policies, and in today's volatile market, The Intelligent Investor remains essential. It is the most important book you will ever read on making the right decisions to protect your investments and make them grow. Featuring updated commentaries which accompany every chapter of Graham's book--leaving his original text untouched--from noted financial journalist Jason Zweig, this newly revised edition offers readers an even clearer understanding of Graham's wisdom and how it should be applied by investors today.

Ellyce Fulmore's aha moment for her own financial health came when she realized that the reason she and so many others have struggled to pay off debt, find an apartment, or build savings has little to do with being "bad at money." Instead, it has everything to do with not fully appreciating how their own identity and reality affects their financial decisions. Now in Keep Finance Personal, Ellyce shares outside the box advice that will help readers find the financial security and confidence they crave. With chapters focusing on the importance of safe spaces when dealing with your finances, personal values, couple dynamics (for any couple), vices and coping mechanisms, this is not your typical financial advice book. Ellyce asks readers to engage with how their upbringing, gender identity, and mental health impact their decisions, and guides them through self-exploration exercises that will lead them to a financial plan tailored to work for them.

Discover the ins and outs of personal finance--in a language you can actually understand--with these clear, straightforward definitions and explanations of all things finance from income and assets to credit, loans, and debt, to stocks, bonds, money markets, and more. The personal finance book you wished you had in school! Managing your money is not an easy job, and it's made even more complicated by the specific terminology used in personal finance. Reading through a loan agreement, credit card terms and conditions, or a stock market report can leave even the most financially responsible people wondering what exactly does this mean? Now, Personal Finance in Plain English has the answers. You'll find straightforward explanations of 350 personal finance terms ranging from banking and taxes to credit cards, student loans, and mortgages, to stock, cryptocurrency, retirement planning, and more. This quick, easy-to-use glossary teaches you what the term means, how the concept works, and how it is used. Read through the chapters for a solid primer in personal finance or refer to specific definitions as needed when reviewing your financial documents. Take control of your financial goals and master the complex language of finance with Personal Finance in Plain English.

Financial literacy and financial education are not new topics, even though interest in the topics among policymakers, financial authorities, and academia continues to grow. The Routledge Handbook of Financial Literacy provides a comprehensive reference work that addresses both research perspectives and practical applications to financial education. This is the first volume to summarize the milestones of research in financial literacy from multiple perspectives to offer a big picture overview. The book is organized in six parts. The first three parts provide a conceptual framework, which discusses what financial literacy is, how it should be measured, and explains why it represents a relevant topic and effective tool to enhance the decision-making among consumers as well as consumer protection strategies. Part IV addresses the connection between financial education and financial literacy, with chapters about financial education in school settings as well as for adults. This part includes an analysis of the role of Fintech and the use of gamification in financial education. Part V is a collection of contributions that analyze financial literacy and financial education around the world, with a focus on different geographical areas, including the U.S., South America, Western Europe, Eastern Europe, Asia, and Africa. This part also considers how financial literacy should be addressed in the case of Islamic Finance. The concluding part of the book examines how financial literacy is related to other possible approaches to consumer finance and consumer protection, addressing the relationships between financial literacy and behavioral economics, financial well-being, and financial inclusion.

The Social Justice Investor is a step-by-step guide to personal finance for those interested in building wealth while also aligning their finance decisions with their values, intentions, and commitments to social justice. Whether you have $100 or $100 million in the bank, you have the power to change the world for the better.

Research consistently shows that the clearest viable option to financial stability is a college degree. But if and when Americans decide to pursue diplomas, student loan payments quickly follow, and even after securing full-time employment, many borrowers struggle to make ends meet for years. In Sunk Cost, journalist Jillian Berman explores how the nation's student loan program went from a well-intentioned initiative aimed at helping low- and middle-income students afford college to one that traps borrowers in long-term debt. Berman interviewed dozens of borrowers and policymakers and dug into the archives to unearth the true causes of the student loan problem. A couple of generations ago, policy makers generously subsidized Americans' college educations because they knew it would be advantageous for the entire country: a more educated population meant better quality of life for all. But today, higher education is viewed as an individual goal, so students and their families are expected to be on the hook for it themselves. Berman explains how this enormous shift happened, which industries benefit from it, and what it means for college-going Americans today.

In Unleash Your Financial Superpowers, investment manager and wealth coach Gregory Luken draws on his four decades of working with the first-generation wealthy to reveal the secrets behind their enduring financial triumphs and their strategies for overcoming the "Seven Deadly Financial Villains" that rose up against them. You'll also: Discover the keys to unlocking your three key Financial Superpowers: the Power of Purpose, the Power of Plan, and the Power of Execution. Understand the emotional and mental obstacles that often hinder financial progress. Learn how to identify your own financial origin story and see the impact it has had on your decisions. Articulate your financial why, the driving force behind all your efforts. Create a concrete plan for reaching your goals, no matter how big and scary they may seem. Through real-life examples and actionable steps, Luken guides you on a journey to achieve financial mastery, create a life of purpose, and ultimately attain the ultimate asset: Enough.