Your Money or Your Life

To me, this book is a classic in the realm of personal finance for a reason. It is the clearest explanation of how money is not actually about money; if you’re actually living by your values and seeking a life that makes you feel truly fulfilled, the point of working is to earn enough money to live on and take care of your future with, while being able to spend the majority of your time doing what you actually enjoy.

I love that this book is centered around finding a purpose without tying that purpose to how you earn a… show more.

Your Money or Your Life is like a cheat code for living. The authors cut through all the “shoulds” we place on money to ask this simple question: What do you really want from life? 

Once you have pinpointed the specific things that make you feel satisfied, alive, connected, contented, and energetic, you can easily let everything else go–and then your money decisions easily fall into place. You simply need to ask yourself if a financial decision supports the things you want most.

The lessons of this book are simple to understand, but not easy to implement. But getting into… show more.

Probably first for most other proponents of the FIRE (Financial Independence Retire Early) movement is this classic, subtitled Transforming Your Relationship with Money and Achieving Financial Independence.

Joe Dominguez was a successful financial analyst on Wall Street before retiring at the age of 31, and passed away in January 1997. The part that really resonated with me when I first read it was its representation of money as essentially life energy. While the average consumer may not fret about wasting a bit of money on some frivolous item, when you consider that you’re also wasting precious – and finite! –… show more.

This classic kicked off the Financial Independence Retire Early (FIRE) movement.

A revolution that has changed how many people view money, work, and life. In the latest version of Your Money or Your Life, Vicki Robin provides a step-by-step guide to re-think how we view and use our money and limited time on this earth. It was the first book I read that focused on why and how we should align our spending with our values. 

Following the steps in this book will fundamentally change your relationship with money, setting you on a path to no longer needing to work… show more.

Your Money or Your Life is a personal finance classic that offers a step-by-step guide to achieving financial independence and living a fulfilling life.

The book encourages readers to reconsider their relationship with money and make intentional choices about spending and saving. The authors emphasize the true value of money in terms of the time and energy required to earn it and provide practical strategies for reducing expenses, increasing income, and investing wisely.

What makes this book unique is its focus on the connection between money and overall well-being. The authors encourage readers to think about how their financial decisions… show more.

This perennial favorite transformed our view of money when we were first getting started. It asks you to consider how much “life energy” you’re putting into each purchase you make. Now, the concept of life energy may sound new-agey at first, but trust me, in the end, you may be thinking differently about both earning and spending. You’ll be asking yourself, How much, exactly, is enough? And can I live happily (not miserably) on less? Depending on your answers to these questions, you may even be able to shorten your own journey to early retirement.