Michael Phillips developed MasterCard as vice president of the Bank of California. He is the author of Honest Business and The Seven Laws of Money.
Seven Laws of Moneyby Michael Phillips
The Seven Laws of Money tells how to live with money: how to get it, care for it, and forget about it. An underground classic among corporate executives, accountants, and entrepreneurs since the 1970s, it is rooted in the author's commitment to right livelihood, to learning how the world works, to a willingness to "fail young," and to networking. Phillips shows how to combine these principles with the seven laws to engender a healthy, fearless attitude toward money.
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I've got mixed feelings on this book. In a lot of ways it reinforced the views I already had on money, so I suppose on that end it qualifies as encouraging. One the other end, the cynic in me wants to dismiss it as a load of crap because of the new-age mysticism of the writing style. The book started out as a seven page pamphlet, later bulked out to 120 pages. In light of that, the $12 price tag struck me as a little steep, especially since most of it was composed of things I'd already intuited on some level.