Atomic Habits
Library · Habits and career
- Author: James Clear
- FinSimLab rating: 5/5
- Reading: Easy
- Finance level: Beginner
- Published: 2018
A method to build good habits and break bad ones through small, steady changes.
What it covers
Clear explains why results depend more on systems than on goals and sets out four laws for building a habit: make it obvious, attractive, easy and satisfying. It is not about money, but the method fits the hardest part of personal finance: saving and investing every month for years.
What you will learn
- Why systems matter more than goals.
- How to design your environment so the good habit is the easiest one.
- How to make monthly saving or investing automatic.
Who it is for
People who know what they should do with their money but cannot keep it up over time.
Concepts
Habits, Automation, Saving
What you will not learn
Anything money-specific: you apply the method to saving or investing yourself.
Already read a book on this?
- It shares automating so you do not rely on willpower with I Will Teach You to Be Rich. If you have read I Will Teach You to Be Rich, this one mainly adds the general method to make any habit stick. I Will Teach You to Be Rich
We suggest you continue with
- The Little Book of Common Sense Investing (in the "Start from scratch" path)
- Misbehaving (in the "I want better money habits" path)
Related Academy guides
- The 50/30/20 rule: how to budget your money
- What is Dollar Cost Averaging (DCA) and why it works
- How much should you invest each month?
Put it into practice
More habits and career books
Descriptions written by FinSimLab for educational purposes. They do not summarise the books and are not investment advice.