Are you pleased with the role of money in your life? Do you wish you could be financially independent?
First published in 1992, “Your Money or Your Life: Transforming Your Relationship with Money and Achieving Financial Independence” by Vicky Robin and Joe Dominguez offers a new road map to reaching financial independence: By choosing to spend less and saving money, you can invest and have a regular income stream that’s not dependent on work. Frugality and that income stream have allowed many to work fewer hours, pursue other work or retire early.
Robin and Dominguez playfully ask, “What would you do if someone asked you, ‘Your money or your life?’ Their answer is, “I’ll take both, thank you!”
“Your Money or Your Life” suggests that financial independence does not mean being rich: “Financial Independence is the experience of having enough and then some.” It’s an intriguing concept, which sharply differs from the assumption that you must save millions of dollars to be financially independent.
“Your Money or Your Life” asks thought-provoking questions like, “What have we earned by working in our lives so far and what do we have to show for it?” If that grabs your attention, check out “Your Money or Your Life.”