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The Seven Laws of Money Paperback – December 17, 1996

4.0 4.0 out of 5 stars 63 ratings

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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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About the Author

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.

Product details

  • Publisher ‏ : ‎ Shambhala (December 17, 1996)
  • Language ‏ : ‎ English
  • Paperback ‏ : ‎ 128 pages
  • ISBN-10 ‏ : ‎ 1570622779
  • ISBN-13 ‏ : ‎ 978-1570622779
  • Item Weight ‏ : ‎ 5.5 ounces
  • Dimensions ‏ : ‎ 5 x 0.32 x 7.25 inches
  • Customer Reviews:
    4.0 4.0 out of 5 stars 63 ratings

About the author

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Michael Phillips
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Creator of the modern universal multi-bank creditcard (Mastercard), founder of the Briarpatch Network the first voluntary business network. Business consultant to over 1,500 businesses worldwide of all sizes. Expert witness in marketing, finance, management, business ethics, environment and executive compensation. Producer of public radio program Social Thought. Lives in San Francisco, Tokyo and Tel Aviv.

Website:www.well.com/user/mp

Customer reviews

4 out of 5 stars
4 out of 5
63 global ratings

Top reviews from the United States

Reviewed in the United States on June 1, 2013
Michael Phillips' book has been a great resource since the early 1970's. He was one of the founders of The Whole Earth Catalog and this book reflects that sensibility. It is wise, whimsical and fun to read. He has some help from Salli Rasberry and Jug 'n Candle with the writing and also he acknowledges Stewart Brand and Richard Raymond I. Also, Salli helped with the publishing.

These characters from the San Francisco Bay area participated in much of the change that happened in attitudes, lifestyle and publishing during the late '60's and 1970's. The book's voice is very much of that era and evokes that place and time.

I recommend this book unreservedly to all readers over the age of 14.
5 people found this helpful
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Reviewed in the United States on October 8, 2013
I need a fiscal voice other than Suze Orman. Perhaps it's his age, the diversity of his examples, his sense of humor. He is a smart American writing before ATMs and my generation's bizarreness with credit cards. I need a voice of reason and he isn't joking around, just laying something out that I am grateful to have in my library.
One person found this helpful
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Reviewed in the United States on October 25, 2011
The Seven Laws of Money was written in the 1970's.
Nonetheless, it is a one-of-a-kind read for those who want inspiration and confidence
to succeed.
The book is written in an easy-to-read format and a manner that can make you laugh.
The book could help inspire teenagers in recovery from drug dependency gain confidence.
2 people found this helpful
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Reviewed in the United States on January 21, 2013
This book is not well written. The author did not provide clear, concise, or convincing laws. As I reached the middle of the book, it seems the author was expressing his insecurities rather than knowledge about the laws of money.
2 people found this helpful
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Reviewed in the United States on January 24, 2012
According to a story at the end of the book, the Seven Laws of Money started out as a pamphlet and was expanded to book length under the urging of a publisher.

Fine. Did Phillips expand the book in a conventional way by, say, expanding the discussion of the Seven Laws? No. There's all kinds of weird little drawings, questionable poetry by someone named Jug 'n' Candle and rambling stories that go on and on. I'm not sure if some of it isn't displaying well on my Kindle as I've never seen a printed copy. I can only talk about what I see on the Kindle.

I could say this is a very unconventional book about money and that would be an understatement. You're not going to get "mystical" advice like this from Dave Ramsey or Suze Orman.

Still, I'm going to give it the Kindle edition three stars. Why? Because the advice is probably sound. Evaluating it from an intuitive basis, it's appealing and makes sense. However, logically, everything from the way it's structured, to how it's written to the advice itself, it's a complete mess. To paraphrase a line from the book, only 2 percent of what we can see and experience is logical. This book is to address the other 98 percent.
5 people found this helpful
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Reviewed in the United States on March 29, 2016
I read this book years ago and now, cannot find my copy. I wanted to share it with my daughter. I was thrilled to find it! This book laid the foundation of my philosophical relationship with money. It's a great read!
4 people found this helpful
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Reviewed in the United States on August 25, 2013
This book was packed will valuable information and was very easy to read. A few places he didnt go into depth about allowance 4 kids but still he was thorough about other important aspects of money.
Reviewed in the United States on May 10, 2011
The book is in the exact shape that it said it was on the website, which I am pleased with. Bill's Book Exchange did a great job delivering it to me in a timely manner. Overall, everything was great.

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Amazon Customer
5.0 out of 5 stars Love
Reviewed in Canada on December 15, 2023
Worth every penny.
Purplehaze
1.0 out of 5 stars Ramblings of an ex-banking hippie?
Reviewed in the United Kingdom on September 25, 2011
As a reasonably short book that can be read in a couple of hours, I reached the end of the book wondering what on earth the author was on about. Maybe I'm missing something. I'll read it again in 6 months or so and keep an open mind to see if anything else occurs to me, or helps me reach enlightenment. The Seven Laws of Money seems to be a good way for Michael Phillips and Shambala publishing to make a few quid. If you are looking for shrewd insights into the way money works, I would steer away from this book. In my opinion, this first read through made me think of the story of "the Emperor who has no clothes on".
田口 造
5.0 out of 5 stars 良書だ!
Reviewed in Japan on July 1, 2015
友人のマイケルの初期の著作。長年愛読してきた。
良い本だと皆にオススメできる!
One person found this helpful
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