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Should I marry this person? When is the “right time” to have another child? Should my aging parents move in with us? All these life-altering questions at the juncture of money and love can be overwhelming.
We are often told that love and money decisions need separate approaches; we should leave romantic decisions to our hearts and make financial choices with our heads.
However, labor economist and Stanford Professor Emerita Myra Strober and social innovation leader Abby Davisson know that money and love are interdependent; relationship decisions involve money and career as well as love, and career decisions affect family.
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. The original, step-by-step 5Cs framework (Clarify, Communicate, Choices, Check-in, and Consequences) offers a simple approach to making the complex choices that determine the course of our lives.
Each chapter explores a highly charged money and love topic, arranged roughly in the order people tend to encounter them (see the full Table of Contents here). From "Finding Your Person: Dating and Mating" to "The Senior Years: Caring for Elders" and everything in between, the book covers the biggest decisions of our lives - the choices no one tells us how to make.