Your Money or Your Life

Your Money or Your Life: Now That You’ve Got It, What Are You Going To Do With It?

This is the twenty-sixth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? A lot of people find this final chapter of Your Money or Your Life to be somewhat controversial because of the rather unorthodox investment advice contained within. However, regardless of your financial stance, …

Your Money or Your Life: The Freedom to Choose What You Do and Do What You Choose

This is the twenty-fifth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? When I read this section of Your Money or Your Life, I began to think of two of my high school teachers – incidentally, the two best teachers I ever had. They both …

Your Money or Your Life: The Power of Working for a Finite Period of Time

This is the twenty-fourth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? So, what exactly does that crossover point represent? It’s basically the point of total freedom – the point where you no longer have any association between the requirement to make money and how …

Your Money or Your Life: The Crossover Point

This is the twenty-third part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? This concept fascinated me so much that I had to write a post specifically about it when I first read Your Money or Your Life. In a nutshell, the “crossover point” is the …

Your Money or Your Life: Valuing Your Life Energy – Maximizing Income

This is the twenty-second part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Here, the book takes what I at first thought was a very odd jump based on what came before. Instead of implying that a lower-paying, lower-responsibility job is better (because you can reserve …

Your Money or Your Life: The Stunning Implications of Redefining Work

This is the twenty-first part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? This section is filled up with a series of nine implications for disconnecting work from wages. I thought it would be worthwhile to move slowly and examine each of the nine. 1. Redefining …

Your Money or Your Life: For Love or Money

This is the twentieth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? This chapter of Your Money or Your Life starts off by attempting to define what exactly work is, which isn’t an easy thing to do. I thought their various quoted definitions were quite …

Your Money or Your Life: Additional Thoughts On Cutting Spending

This is the nineteenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Prosperity and the Planet Much of this section focuses on the idea that frugality is good for the environment, too. Most frugal ideas boil down to buying less and reducing your costs, and …

Your Money or Your Life: 101 Sure Ways To Save Money (Part Two)

This is the eighteenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Today, let’s look at the rest of those 101 sure ways to save money, this time focusing on the groupings of tips starting at #50. Shopping I find that the one thing that …

Your Money or Your Life: 101 Sure Ways To Save Money (Part One)

This is the seventeenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Instead of focusing on each of the individual 101 ways to save money (and boring people to sleep), I thought I’d comment in general on the groupings of these (each seven or eight …

Your Money or Your Life: Ten Sure Ways To Save Money

This is the sixteenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Let’s move through these ten items one at a time. 1. Don’t go shopping If you’re not going to a retail outlet in pursuit of a specific item, don’t go. If you do, …

Your Money or Your Life: The American Dream – On A Shoestring

This is the fifteenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? This chapter is about frugality – there’s really no way around it. In their words: Frugality is enjoying the virtue of getting good value for every minute of your life energy and from …

Your Money or Your Life: Getting Your Finances Out In The Open

This is the fourteenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Most of the remainder of the fifth chapter spells out the usefulness of keeping an up-to-date chart of your financial situation. The ending of the chapter really drove it home, as it stated …

Your Money or Your Life: Seeing Progress

This is the thirteenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? The fifth chapter of this book focuses on creating a visual record of one’s income and expenses in the form of a line chart, so that one can keep clear tabs on the …

Your Money or Your Life: Assessing the Three Questions

This is the twelfth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Yesterday, we took a look at three questions one should use in evaluating one’s spending for the month. What you’ll find, if you genuinely answer those questions, is that it identifies the portions …

Your Money Or Your Life: Three Questions That Will Transform Your Life

This is the eleventh part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? This section encourages you to ask three vital questions about each category that you spend money on, but I find it’s much better to actually ask myself these questions about every purchase. Why? …

Your Money Or Your Life: How Much Is Enough? The Nature Of Fulfillment

This is the tenth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? This chapter of Your Money or Your Life starts off with six questions that I thought were well worth reflecting on. So, here are my reflections on these questions. What did you want …

Your Money Or Your Life: Totaling It All Up

This is the ninth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? If the “real hourly wage” calculation earlier in the book wasn’t tangible enough for you, this portion of the book makes it incredibly tangible. In that earlier example, I used a straw man …

Your Money Or Your Life: Where Is It All Going?

This is the eighth part of The Simple Dollar Book Club reading of Your Money or Your Life. Want to know more? Right off the bat in this chapter, Your Money or Your Life makes a bold statement that I strongly agree with: traditional budgeting doesn’t work in the real world. Identifying specific categories and …