Your money or your life - Joe Dominguez and Vicki Robin
Summary
- This is an older book, but has lots of excellent principles on how to think about money, savings, and how to run our finances.
How I discovered it
- I followed the simple dollar blog for years, and the writer at the time (Trent Hamm) always swore by it. Now I finally got around to reading it I understand why.
How the book changed me
- We will see how it changes me in the long run, but really this book has a big impact on how I view money and finances. I may revisit this review to add concrete changes, but I have a lot of notes in my todo list on what to do financially speaking, some mentioned below.
Details
- Our identity should not come from our job
- More is not always better
- Clutter is everywhere
- Economic fears are often unrealistic
- Measure your life in energy not in money
- Financial independence is having enough
- Having a purpose in life is superior to will power
- Questions to ask in financial review
- Have a high joy-to-stuff ratio
- Become an expert materialist to judge product quality and save money
- What is the purpose of employment
- Being paid destroyed the art of apes
- Make yourself inflation proof