Life Matters : Creating a Dynamic Balance of Work, Family, Time & Money

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Summary: Investment stragegies that go beyond money
Review: This book is one of many that build off Stephen Covey's "The Seven Habits of Highly Effective People," and is a more in-depth discussion of prioritizing (Living in Quadrant II for those who speak Covey). This book is divided into four sections that reflect the four biggest concerns Americans face--the workplace, the family, time, and money. The basic message of the book is that one must think in terms of "investing," whether it be money, time, or effort. It is important to examine what one invests in so that maximum returns can be paid on that investment. As an example, investing money in a car yeilds a much lower return (a negative return) than investing in a mutual fund. Investing time in televison watching yields a much lower return than helping your child with his homework. Investing in effort in a long-term project that is still months away yields a much higher return than filling out some pretty-unnecessary paperwork. Other commentators are correct when they say that the examples of theory-in-action can be fairly unrealistic (even though they really happened!), but they illustrate the authors' points well. I would first recommend the Seven Habits of Highly Effective People. If you find that helpful (and I imagine you will), this book is an excellent follow-up to it.