Are You A Rich Parent?

In 'The Psychology of Money,' Morgan Housel delves into the psychological and emotional aspects of financial decisions. The book consists of 19 short stories that illustrate how personal history, worldview, emotions, and biases influence financial outcomes. Housel emphasizes the importance of behavior over knowledge in managing money, highlighting the power of compounding, the dangers of greed, and the pursuit of happiness beyond mere wealth accumulation. He advocates for a frugal lifestyle, long-term perspective, and a balanced approach to investing, stressing that financial success is more about mindset and discipline than about technical financial knowledge.

In 'Discipline is Destiny', Ryan Holiday explores the Stoic virtue of self-discipline, drawing on historical figures and contemporary examples to illustrate its transformative power. The book emphasizes that discipline is the foundation upon which other virtues such as courage, justice, and wisdom depend. Holiday argues that self-control is essential for personal triumph and fulfillment, and he provides engaging stories and practical advice on how to cultivate discipline in a world filled with distractions and temptations. The book also cautions against the perils of extravagance and hedonism, stressing the importance of balance and self-mastery in achieving success and happiness.