Free [Your Money or Your Life] Author Vicki Robin

Things differently This book has made me Love, Again: The Wisdom of Unexpected Romance look at advertising and joy differently I see that my buying things just bc I can I am using my husbandsife energy into the euation and ruining the planet at the same time He will soon be forty and the way he works he has just over 300000 hours eft to ive It just helps put our ives into a different prospective We aren t big spenders but we each have our ittle habitsThe book isn t about budgeting It is about getting satisfaction out of ife A uestion the authors keep posing is If you knew you were going to die next year how would you spend that time I m keeping this book to read and reread just to keep reminding myself to follow the steps and I don t need extra Clutter To Worry About to worry about t want to keep up with the Kardashian s I want financial freedom and to save money not be a penny pincher and deny myself things I need Such an eye opener and ots of facts Not a get rich uick scheming or invest in this or that kind of book I would recommend it to people that see money is not happiness It is just a means to pay the bills or be in a big amount of debt Western culture is too materialist and Entranced (The Donovan Legacy, looked down upon if one doesn t have t What a bunch ofife energy wasted reading this YMYL was recommended to me by a friend who gave up her stable teaching position to run a used bookstore after reading this book This was my first foray into the self help genre The prose is aughably hokey at the most inopportune times but the message is worth slogging through the mantras and the affirmations Plus the nine step program actually works if you re willing to commit to it I started out skeptical with a step I thought I could stick to keeping track of my spending and became curious about the rest of my financial health from there By the time a year and a half ater I faced the ast maudlin step calculating how much time you have eft in your ife I found it so thoroughly shocking in my case ess than half a million hours based on average ife expectancy that I realized staying in a job that made me miserable wasn t worth it so I uit I guess in that sense this book delivers on its hokey promise to change your ife I read this book in my early 20s when I had zero money and zero idea what to do with any if I had it and it blew my mind 15 years ater I am retreading it and find it just as compelling Guides you gently gingerly into reevaluating you preconceived notions about money how much is enough and whether you really want to work in a conventional job track for 30 years hint if you don t there are other options The basic idea is that every day you go to work you are choosing to trade your precious imited Buried life energy for money So if you are spending it unconsciously on crap you aren t fully enjoying or a bigger housecar than you really need then you are effectively trading away hours of yourife If you ove your job and you ove accumulating stuff then great But if you dream of doing other things with your ife than staring at your monitor at work or even if you ove your job but would do it differently if money weren t an issue this book is for you Cornily written but the sincerity of the writers and value of the message supersede that 10 times over The unexamined ife is not worth iving for a human being SocratesThis book is very challenging In the sense that it is actively challenging the reader to basically change her entire ife It s not the typical finance book that gives tips and tricks and you can pick among them for those that are easy to work into your ife you know the drill cancel cable done what kind of wastrel pays for cable move somewhere cheaper et s not get too crazy I ove this neighborhood This book tells you to track what you re spending not to find easy things to cut out but to ask yourself about every purchase was this worth what I paid for it in terms of the ife energy it takes me to earn that amount of money Is this purchase aligned with my values What is the effect of this purchase upon the environmentEarth And even as I tell myself Of course This is how you re supposed to ive your A Certain Justice (Adam Dalgliesh, life I m intimidated by the effort reuired and full disclosure afraid of what I mightearn about myself were I to do itI m not sure I m ready to implement this system in my The Shadow Reader life but I have a very strong suspicion that this is a book Il return to in five years decide to finally implement and then five years after that hate my current self for not implementing it the first time I read itlife energy is the underpinning idea of the book and you figure it out by calculating your real wage factoring in the amount of time you actually spend to have your job commute unrecorded hours time it takes you to wind down after work etc and the amount of money you have to spend to have the job as well commute costs wardrobe professional fees therapy etc. Nds and a great publicity campaign will bring this already strong selling book to a whole new audien. I m kind of sueamish about the 5 stars I m giving this because I don t think this is a well written book The tone is nearly unbearable at times think this because I don t think this is a well written book The tone is nearly unbearable at times think the most stereotypical motivational speaker you ve ever heard However the ideas in this book are impressive and I find myself thinking about them rather against my will even 3 years after having read the book Part of my struggle with this book is that I actually ove my work so trying to hurry up and earn my money so that I can retire just isn t that appealing However there s a cycle of spending that I can get hooked into where I m blowing hundreds of dollars in 3 5 dollar increments Reading this book helped me interrupt that cycle Not that I don t still go there mind you Not that I don t still go there mind you just have some alternatives now for getting out of it Reader beware the contents of this book might just shake the foundations of your ifeit did for me Easily the most ucid insightful and valuable book I ve read on money Probably because when it comes down to it the book is not really about money It s about what we re trading our The Power Of A Choice life energy for The book had such a spiritual component to it that I was tempted to add it to my Buddhism bookshelfOne thing I gained from the book was an incentive to organize our finances from a total net worth perspective not just budgeting from paycheck to paycheck Also charting income vs expenses I ve found that mintcom is a very effective site for accomplishing the goals the bookays outThe book makes a strong case for not identifying your definition of yourself with your job For me personally this was probably the greatest single insight the book provided It made me realize how much I ve done just that As the author says who you are is far greater than what you do for money and your true work is far greater than your paid employment I thought this was a pretty powerful uoteIndeed in terms of sheer hours we may be wedded to our jobs than our mates The vows for better for worse richer or poorer in sickness and health and often until death do us part may be better applied to our jobs than our wives and husbandI suppose my only gripe with the book is the utopia of financial independence it paints where a person is able to ive off the interest from their investments Although they make it sound ike such a future can be right around the corner as someone with a pretty substantial amount of student debt I ran some numbers and barring an unforeseen windfall that possibility is a oooong way off for us But even aside from the focus on the financial euivalent of enlightenment there is so much wisdom in this book both practical and philosophical that I would recommend it to anyone This is the first PersonalMBA reading ist book I have read The information that I found most intersting and insightful was You have made a The Case for Paleolibertarianism and Realignment on the Right lot of money in yourife Oh My God, What a Complete Aisling look around your home go through your stuff what do you have to show for it The act of earning money is using yourife energy therefore money Monsieur Pain life energy Do youike what you are doing Could you be doing something you ove and be happier if your finances were in order and you appreciated iving in a state of enough When you buy something buy high uality and take care of it to prolong its ife Fix your stuff do it yourself earn how to take care of your things so that you don t have to keep rebuying everytime something breaks Pay off your debts Live on ess than you make Save money Keep building your savings so that one day your capital earned on your savings can take the place of your work income than decide if you want to keep working or not Investing in index funds and treasury bonds Index funds focus on tracking the market and not on beating it Index funds are not managed by expensive managers and tend to have ow fees By saving on fees as compared to mutual funds your money can grow faster and you can have money in the end I could and will read and re read this book not for its Dare to Lead: Brave Work. Tough Conversations. Whole Hearts. literary value but for its simple explanations of concrete ways to observe your own connection with the material world Whether or not you fully practice its program it is the sanest and most convincing account of the importance of financial savvy for those of us who proclaimed Money and fancy material things don t matter to me so why should I try to manage my finances Its message from ten years ago rings truer today than it did now and I think my own generation will even appreciate its message I m not a big self help book reader Yet just the act of seriously studying this book and hence becoming intentional with my finances has relieved me of debt anxiety about money made me in touch with what is really valuable and joyful to me and inspired me toook toward a career as a financial counselor I would recommend this book to all my friends for it surely has essons for everyone This book s most popular review is surpr. In times ike these it's important than ever to know the difference between making a iving and maki. ,

Isingly negative 35 stars I agree with the 5 star Goodreads evangelists That Said I Have said I have few ualms with the book It s dated and freuently redundant Like most personal finance books it s full of suspicious stories The Epilogue summarizes in 9 pages what has been beaten to death in the previous 327At one point the author talks about being financially secure whether the Dow is under 1000 or above 4000 When the book was copyrighted in 1992 1000 was a crash and 4000 was ambitious As of 1162015 the Dow stands at 1751157 up about 450% since 1992 so the book s stock market wariness is exaggerated Also its advice to buy ong stock market wariness is exaggerated Also its advice to buy ong US treasury bonds is terrible The present interest rates on those bonds is pathetic 269% on a 30 year bond Read in 2015 Chapter 9 which describes 6% US year bond Read in 2015 Chapter 9 which describes 6% US bonds reads ike a uaint historical documentThe other chapters though they occasionally make redundant arguments are valuable In essence the book advocates extreme thrift in an effort to get off the consumerist treadmill The goal is to Il morto di Maigret live modestly and be time rich rather than toive arge and be time poor It makes the compelling case that to always want something better is a recipe for perpetual unhappiness To uote Lao Tzu He who knows he has enough is richThe book is sort of ike an early 90s version of Mr Money Mustache who actually posted an excellent review of the book Your Money or Your Life proposes a nine step programStep 1 Tally up all the money you ever made ook around you and see what you have to show for itThis is sort of dispiriting step because you don t have anything to show for paying the rent2 Recalculate your salary to show how much ife energy is devoted to your job Track every cent you spendThis is a useful step showing how commuting time and money buying work clothes and eating out add to the cost of working for a Globalization: A Multi-Dimensional System, Third Edition living It s also helpful in showing where all the money goes3 Tabulate your findings Show spending in terms ofife energy spentAn illuminating step4 Did you Billionaires Contract Engagement (Kings of the Boardroom like what you boughtThe book uses the phrase gazingus pin as a term for something you enjoy buying but don t needMy gazingus pins are Legos and DVDs Who knows how many unopened cheap DVDs I ve bought Your Money or Your Life would argue DVDs you don t open aren t worth yourife energy You only have a finite amount of time on the planet5 Make a Sexual Secrets largeine graph with your findings so you can t deny your income and your expenses6 Value your ife energy minimize spendingAs Elizabeth Warren observed in The Two Income Trap this is easier said than done7 Value your ife energy maximize incomeI suspect this step is easier said than done as well8 This step covers Capital and the crossover point when does your money start earning than your job9 What to do with your money outdated advice about how great US treasury bonds areTo a certain extent I enjoy savings than spending so Your Money or Your Life is preaching to the converted for me I think cost tracking is essential when it comes to saving money and that Target and the mall are about the worst places on earth to pass timeHowever kids throw a thought provoking monkey wrench into Your Money or Your Life s strategies When you talk about extreme thrift surely you can put art classes play basketball Little League mini soccer ice skating and skiing on the chopping block However you only ive once In that ife how do you balance fun with saving How much should you sacrifice for your children One of the few child related anecdotes in Your Money or Your Life involves a man whose parents paid for his college but decides his kids are on their own With dilemmas ike that you get into the thorny uestion of values What do you want your kids to expect out of ife At the same time as a parent it s your Purely Sexual life tooWith that in mind I ve heard MMM s and Your Money or Your Life s strategies derided as Liveike you re poor now so you can The West Transformed: A History of Western Civilization, Vol 1, to 1715 liveike your poor aterThere s the rub Your Money or Life notes that you only ive once you don t want to spend your ife working a job you hate to buy stuff you don t need But you could also say you only ive once you don t want to ive ike a pauper and die with 1 million in the bank How you strike that balance depends on your goals and values My book had 300 pages I took a month to read this bc I wanted to absorb the book and think about the essons It keeps stating NO BLAME NO SHAME which I really appreciate I used to be a I want this I l buy it kind of person I grew up with immigrant parents working so hard to get all 4 of their children ahead by hard work on their part Money seemed to be important than bonding Not a boohoo story just the truth I appreciate my parents hard work and The Anathema Cell love them but I also grew up with their habits and views on money I have had to reprogram my brain and do different for my kids without depriving us of anything Justooking at. Ng a ife Your Money or Your Life is even relevant today than it was when the book first hit the sta. .

Free read Your Money or Your Life

Your Money or Your Life