Your Money or your Life

Your Money or your Life

9 Steps to Transforming your Relationship With Money and Achieving Financial Independence

Book - 2008
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Penguin Putnam
Brand new for 2018: A fully revised edition of one of the most influential books ever written on personal finance with more than a million copies sold
“The best book on money. Period.” –Grant Sabatier, founder of “Millennial Money,” on CNBC Make It

"This is a wonderful book. It can really change your life." -Oprah

For more than twenty-five years, Your Money or Your Life has been considered the go-to book for taking back your life by changing your relationship with money. Hundreds of thousands of people have followed this nine-step program, learning to live more deliberately and meaningfully with Vicki Robin’s guidance. This fully revised and updated edition with a foreword by "the Frugal Guru" (New Yorker) Mr. Money Mustache is the ultimate makeover of this bestselling classic, ensuring that its time-tested wisdom applies to people of all ages and covers modern topics like investing in index funds, managing revenue streams like side hustles and freelancing, tracking your finances online, and having difficult conversations about money.
Whether you’re just beginning your financial life or heading towards retirement, this book will show you how to: 
• Get out of debt and develop savings
• Save money through mindfulness and good habits, rather than strict budgeting
• Declutter your life and live well for less
• Invest your savings and begin creating wealth
• Save the planet while saving money
• …and so much more!

"The seminal guide to the new morality of personal money management." -Los Angeles Times

Baker & Taylor
Offers a nine-step program for living a more meaningful life by taking control of one's finances, showing readers how to get out of debt, save money, reorder priorities, live well for less, and convert problems into opportunities.

Publisher: Penguin Books : New York, c2008
Edition: Rev. ed
ISBN: 9780143115762
Characteristics: xxxvii, 328 p. : ill. ; 20 cm
Additional Contributors: Dominguez, Joseph R.
Tilford, Monique


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Apr 04, 2017

A bit 'touchy-feely-new-agey' for my tastes. Based on the premise of money management by understanding how you 'feel' about money, it smacks of the whole Suze Orman shtick, if that's your cup o' tea. Find out how you spent/spend your money, discover your 'true path', and be frugal.... there, I just saved you paging though nine pedantic chapters to glean the same information.

May 02, 2016

Conceptually excellent, but though it's been apparently updated, it's mired in the generation, times, and mentality of it's inception.

Mar 23, 2016

An important book. The concept here, trading your time for money, can change your whole perspective (life-changing) as far as wanting more and more.

Dec 26, 2015

One of the top 10 books on getting control of your personal finances.
YMOYL has you identify and record your money inflows and outcomes so you can see what goes on with your money so you can make choices to reach your goals.

Oct 22, 2014

The biggest impediment to managing your money is Develop a healthier relationship with your money and start living the life you really want—today.

Feb 19, 2013

If you're looking for an approach to personal finance that's genuinely personal and not the usual banal instruction that treats money management like homework (i.e. necessary, boring and to be completed as quickly as possible in order to move on to better things), then Your Money or Your Life is a refreshing place to start.

Earning and spending are forever interwoven with our actions, and I appreciate this book's healthy attitude toward thinking conscientiously about the function of money in our everyday lives. There's lots of filler here too, mostly in the form of real-life examples and moralizing, but this isn't necessarily a bad thing if you're seeking a narrative context.

The most useful advice for me is the section on assigning values to spending (relevant self-assessment is good practice no matter what your situation), but this presumes a good handle on the basics of budgeting, which is fundamentally the most important. The section on investing seems dated and carelessly limiting even though I understand the author's intention to want to simplify the process. The goal should be to pursue the smartest option, and that doesn't always mean the simplest.

Overall, a helpful book that I found less helpful with each successive re-read.

stacia113 Aug 23, 2011

My spouse and I read this book over 7 years ago, at a time of real financial difficulty. I have re-read it many times since, and above all, followed its guidance with real determination. It has been life-changing for us, giving us the tools and inspiration we needed to bring our actions in the material world ever further into alignment with our deepest values.

Apr 01, 2010

A bit too 80s new-agey in places for my taste, but it really does hammer home the point that you're trading your time for money, and at some point your time is more valuable than the extra cash. It also made me take a closer look at where my money is spent and whether my planned expenditures align with my values. In terms of implementation, I didn't follow their steps too closely, but I still got a lot out of reading this book.


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