PDF READ Your Money or Your Life

Vicki Robin ò 3 review

Your Money or Your Life

read Your Money or Your Life Your Money or Your Life review ò eBook or Kindle ePUB Vicki Robin ò 3 review In times like these it's important than ever to know the difference between making a living and maki. 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 laughably 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 later I faced the last maudlin step calculating how much time you have left in your life I found it so thoroughly shocking in my case less than half a million hours based on average life 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 life

read Your Money or Your Life

read Your Money or Your Life Your Money or Your Life review ò eBook or Kindle ePUB Vicki Robin ò 3 review Nds and a great publicity campaign will bring this already strong selling book to a whole new audien. This is the first PersonalMBA reading list book I have read The information that I found most intersting and insightful was You have made a lot of money in your life look around your home go through your stuff what do you have to show for it The act of earning money is using your life energy therefore money life energy Do you like what you are doing Could you be doing something you love and be happier if your finances were in order and you appreciated living in a state of enough When you buy something buy high uality and take care of it to prolong its life Fix your stuff do it yourself learn 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 less 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 low fees By saving on fees as compared to mutual funds your money can grow faster and you can have money in the end

free read É eBook or Kindle ePUB ò Vicki Robin

read Your Money or Your Life Your Money or Your Life review ò eBook or Kindle ePUB Vicki Robin ò 3 review Ng a life Your Money or Your Life is even relevant today than it was when the book first hit the sta. This book s most popular review is surprisingly negative 35 stars I agree with the 5 star Goodreads evangelists That said I have a 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 long term 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 treasury bonds reads like 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 live modestly and be time rich rather than to live large 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 like 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 look 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 life 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 living It s also helpful in showing where all the money goes3 Tabulate your findings Show spending in terms of life energy spentAn illuminating step4 Did you 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 your life energy You only have a finite amount of time on the planet5 Make a large line graph with your findings so you can t deny your income and your expenses6 Value your life energy minimize spendingAs Elizabeth Warren observed in The Two Income Trap this is easier said than done7 Value your life 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 live once In that life 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 like that you get into the thorny uestion of values What do you want your kids to expect out of life At the same time as a parent it s your life tooWith that in mind I ve heard MMM s and Your Money or Your Life s strategies derided as Live like you re poor now so you can live like your poor laterThere s the rub Your Money or Life notes that you only live once you don t want to spend your life working a job you hate to buy stuff you don t need But you could also say you only live once you don t want to live like a pauper and die with 1 million in the bank How you strike that balance depends on your goals and values


10 thoughts on “PDF READ Your Money or Your Life

  1. says: PDF READ Your Money or Your Life Vicki Robin ò 3 review read Your Money or Your Life

    free read É eBook or Kindle ePUB ò Vicki Robin PDF READ Your Money or Your Life Vicki Robin ò 3 review I could and will read and re read this book not for its 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

  2. says: free read É eBook or Kindle ePUB ò Vicki Robin Vicki Robin ò 3 review read Your Money or Your Life

    PDF READ Your Money or Your Life Vicki Robin ò 3 review read Your Money or Your Life 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 of the most stereotypical motivational speaker you've ever heard However the idea

  3. says: PDF READ Your Money or Your Life

    read Your Money or Your Life PDF READ Your Money or Your Life Vicki Robin ò 3 review 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 laughably hokey at the most ino

  4. says: PDF READ Your Money or Your Life

    PDF READ Your Money or Your Life This book's most popular review is surprisingly negative 35 stars I agree with the 5 star Goodreads evangelists That said I have a few ualms with the book It's dated and freuently redundant Like most personal finance books it's full of suspicio

  5. says: PDF READ Your Money or Your Life Vicki Robin ò 3 review

    PDF READ Your Money or Your Life Reader beware the contents of this book might just shake the foundations of your lifeit did for me Easily the most lucid insightful and valuable book I've read on money Probably because when it comes down to it the book is not really about mone

  6. says: read Your Money or Your Life PDF READ Your Money or Your Life

    PDF READ Your Money or Your Life Vicki Robin ò 3 review free read É eBook or Kindle ePUB ò Vicki Robin 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 later 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 b

  7. says: PDF READ Your Money or Your Life

    free read É eBook or Kindle ePUB ò Vicki Robin PDF READ Your Money or Your Life Vicki Robin ò 3 review My book had 300 pages I took a month to read this bc I wanted to absorb the book and think about the lessons It keeps stating NO BLAME NO SHAME which I really appreciate I used to be a I want this I'll buy it kind

  8. says: read Your Money or Your Life PDF READ Your Money or Your Life free read É eBook or Kindle ePUB ò Vicki Robin

    read Your Money or Your Life free read É eBook or Kindle ePUB ò Vicki Robin Vicki Robin ò 3 review This is the first PersonalMBA reading list book I have read The information that I found most intersting and insightful was You have made a lot of money in your life look around your home go through your stuff what do you have to show for it? The act of earning money is using your life energy therefore money life energy Do you li

  9. says: PDF READ Your Money or Your Life

    PDF READ Your Money or Your Life The unexamined life is not worth living for a human being SocratesThis book is very challenging In the sense that it is actively challenging the reader to basically change her entire life It's not the typical finance book that gives tips and

  10. says: read Your Money or Your Life PDF READ Your Money or Your Life

    read Your Money or Your Life PDF READ Your Money or Your Life What a bunch of life energy wasted reading this

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