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Laura Vanderkam, author of new book on personal finances, explains why entrepreneurs have a better mindset about money than most people, but warns that business owners still make mistakes. Money, traditional wisdom tells us , can't buy happiness

People can feel trapped by their careers--whether it's because they're earning too little, are waiting for a big payout, or have grown accustomed to a certain lifestyle. Laura Vanderkam's new book, All the Money in the World: What the Happiest People Know About Getting and Spending, offers a new approach to finances for a modern, more flexible reality. Increasingly, the stories people tell me about their work and life choices break the conventional mold: A twentysomething entrepreneur starts a business while holding down another job and living on friend’s couch.