Money and love An intelligent roadmap for life's biggest decisions

Myra H. Strober

Book - 2023

"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/profe...ssional 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"--

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Subjects
Published
New York, NY : HarperOne, an imprint of HarperCollinsPublishers [2023]
Language
English
Main Author
Myra H. Strober (author)
Other Authors
Abby Davisson (author)
Edition
First edition
Physical Description
xviii, 297 pages : illustrations, charts ; 24 cm
Bibliography
Includes bibliographical references (pages 261-284) and index.
ISBN
9780063117518
  • Introduction
  • 1. Introducing the 5Cs Framework
  • 2. Finding Your Person: Dating and Mating
  • 3. Pop the Question (or Skip It Altogether?): Getting Married
  • 4. Baby Talk: Having Children
  • 5. Let's Make a Deal: Dividing Housework and Home Management
  • 6. There's No Place Like Home: Deciding Where to Live and When to Move
  • 7. Making It Work: Combining Career and Family
  • 8. Choppy Waters: Facing Relationship Challenges (and Ending a Marriage Gracefully)
  • 9. The Senior Years: Caring for Elders
  • 10. Be the Change: Changing the Work/Family System (How You Can Play a Part)
  • Conclusion
  • Acknowledgments
  • Further Reading
  • Notes
  • Index
Review by Booklist Review

Strober, a labor economist, became the first-ever woman faculty member at Stanford Graduate School of Business and led thousands of students through her popular course on family and money. One couple, coauthor Abby Davisson and her boyfriend, Ross, were at a crossroads and applied the course material to their relationship, leading to a close bond with Strober. The teacher-student pair teamed up to combine decades of teaching and application. They present a road map for life's biggest decisions, including deciding whom to marry, whether or not to have children, where to live, and more life choices through the golden years. The advice is built upon personal accounts, student surveys, in-depth interviews, and research from academic and popular literature. It also covers the 5 Cs of the decision-making framework, letting users choose which section applies to them at the time. Readers will find intriguing stories and end-of-chapter exercises to get them thinking. This book has a broad appeal and will be of interest to those looking for self-help in the areas of personal choices around love and money.

From Booklist, Copyright (c) American Library Association. Used with permission.
Review by Publisher's Weekly Review

Strober, a retired Stanford Graduate School of Education professor, and her former student Davisson present a no-fuss framework for considering the "fraught decisions around money and love." The authors write that personal relationships and careers need not be in opposition, and suggest instead that the two are "intimately" linked. Their plan for decision-making consists of "5Cs": clarify; communicate; consider a range of choices; check in with friends, family, and other resources; and explore likely consequences. This process, the authors write, can help readers find a partner ("Try to anticipate the consequences of your relationship decision by pressure-testing it"), decide whether or not to have children ("Why do you want a child? Why don't you?"), divide household chores ("Checking in with friends and colleagues about housework and family responsibilities is useful. How do they make decisions about who does which tasks?"), and reenter the workforce after having a child ("Whom can you contact about your desire to return to work?"). 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. (Jan.)

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