Money and Love - by Myra Strober & Abby Davisson

About the Book

"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, Communicate, Choices, Check-in, and Consequences. 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"--]cProvided by publisher.

Book Synopsis

A practical roadmap for navigating life's most consequential and daunting decisions, and an intelligent approach to creating stronger relationships, better communication, and a more secure financial future.

How can my significant other and I get on the same page about spending and saving? Should I consider inflation when asking for a raise? When is the "right time" to have a child? Am I ready for retirement? I feel unprepared for the future--where do I even start? 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. But when faced with daunting questions, rarely do we have the keys to combine both head and heart in a balanced and fulfilling way.

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 a 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 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 changing remote versus in-person work dynamics, financial strain, and the reconfiguring of families and social/professional networks - Strober and Davisson's framework offers simple and effective steps to empower readers to make the best strategic decisions, with guidance to come back to again and again, at every stage of life.

Review Quotes

"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

"A useful, logical guide for couples on the verge of big life decisions... a readable approach with nuggets of wisdom throughout."
-- BookPage

"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

"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

"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

"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

"A brilliant framework for guiding tough conversations."
-- - Annie Duke, bestselling author of Thinking in Bets and Quit.