The prospect of changing your life with a full 13 steps could sound a bit daunting. But don't hit the "back" button just yet. We've prepared this executive summary just for you Fools on the go.

Step 1 Change Your Life With One Calculation

Our nomination for the eighth wonder of the world goes to... the formula for compound interest! Quite simply, this basic... more »

Step 2 Trade Wisdom for Foolishness

Who would deign to call themselves a "Fool"? Certainly not anyone from the world of Wall Street. We, on the other hand,... more »

Step 3 Treat Every Dollar as an Investment

Imagine what it feels like to know that every single dollar decision you make is the right one. Imagine no more. With a... more »

Step 4 Open and Fund Your Accounts

IRAs, 401(k)s, CDs, MMAs, oh my! Here are step-by-step directions on what to put where and, roughly, how much and for... more »

Step 5 Avoid the Biggest Mistake Investors Make

Fools are investors, not speculators. We're buy-to-hold, business-focused investors with a long time horizon. Our... more »

Step 6 Discover Great Businesses

Stocks aren't pieces of paper, but stakes in a living, breathing business. Fools look for well-managed companies... more »

Step 7 Buy Your First Stock

You've paid off your credit cards, opened and funded your brokerage account, and done your research. It's business time!... more »

Step 8 Cover Your Assets

Don't forget the Fool's four rules for asset allocation: Don't invest money that you'll need in the next year, invest... more »

Step 9 Invest Like the Masters

There's more than one way to skin a cat. Growth guru Peter Lynch, value kingpin Warren Buffett, and global maven Sir... more »

Step 10 Don't Sell Too Soon

Selling a stock is just as big a decision as buying. There are five primary reasons to cut bait with a stock: You find... more »

Step 11 Retire in Style

Retiring in style rests on making the most of tax-advantaged savings vehicles like your 401(k) and IRA, investing in... more »

Step 12 Pay It Forward

Foolishness doesn't stop with you, friend. Pass on the good money-saving/money-making mojo to three friends who could... more »

Step 13 Make Friends and Influence Fools

The Motley Fool is a thriving community of Fools... more »