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Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018 Paperback – December 10, 2008
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“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 fortaking 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
- Print length368 pages
- LanguageEnglish
- PublisherPenguin Books
- Publication dateDecember 10, 2008
- Dimensions7.76 x 5.08 x 0.44 inches
- ISBN-109780143115762
- ISBN-13978-0143115762
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What's it about?
This book is about how to get out of debt, develop savings, save money through mindfulness, declutter your life, invest your savings, save the planet, and much more.
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Money is something you trade your life energy for. You sell your time for money. It doesn’t matter that Ned over there sells his time for a hundred dollars and you sell yours for twenty dollars an hour. Ned’s money is irrelevant to you. The only real asset you have is your time. The hours of your life.5,028 Kindle readers highlighted this
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Endless desire is one of the pitfalls of human nature, and one of the first things you need to cure if you want to get ahead more quickly.4,465 Kindle readers highlighted this
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Financial Independence has nothing to do with rich. It is the experience of having enough—and then some.4,001 Kindle readers highlighted this
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Waste lies not in the number of possessions but in the failure to enjoy them.3,225 Kindle readers highlighted this
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Editorial Reviews
Review
"This is a wonderful book. It can really change your life." -Oprah
"The seminal guide to the new morality of personal money management." -Los Angeles Times
"Vicki Robin wrote the book on retiring happy. Now a whole new generation is taking her advice. [She is] the millenial money whisperer." -Money Magazine
"Your Money or Your Life is a wise book...I am thankful to Joe Dominguez and Vicki Robin for getting so much of this started, as are countless thousands of other people who are now more free than they could have otherwise been." -Mr. Money Moustache
"Now as never before, it's time to stop trying to 'get ahead' in a race that both fixed and futile, and figure out how to organize your life so that it can be your life. Your one precious life, lived for yourself and for your community and for your planet. Your Money or Your Life shows you how to make the shift." -Bill McKibben
"If you want to invest in your financial future and (more importantly) your long-term happiness, I can’t think of a better investment than Your Money or Your Life.” —Brandon Ganch, "Mad Fientist"
“Vicki Robin’s Your Money or Your Life offers readers the gift of meaningful, applicable advice so that they can achieve true financial independence on their terms. It is deservedly one of the most acclaimed and referenced financial advice books of our time and will undoubtedly continue that legacy for generations.” — Farnoosh Torabi, bestselling financial author and host of the award-winning podcast So Money
"[Your Money or Your Life] changed my life...I started believing that my life controlled my money. I began to see my life without the weight of debt and the need to chase a paycheck because I actually understood the path to get there." -Trent Hamm, "The Simple Dollar"
About the Author
Vicki Robin is a renowned innovator, writer, and speaker. In addition to coauthoring the bestselling Your Money or Your Life, Robin has been at the forefront of the sustainable living movement. She has received awards from Co-Op America and Sustainable Northwest and was profiled in Utne Magazine’s book Visionaries: People and Ideas to Change Your Life. She is also the author of Blessing the Hands That Feed Us: What Eating Closer to Home Can Teach Us About Food, Community and Our Place on Earth. She lives on Whidbey Island in Washington.
Peter Adeney, better known as Mr. Money Mustache, is an influential financial blogger who retired financially independent shortly after turning thirty, and now writes about how to live a frugal life of leisure.
Product details
- ASIN : 0143115766
- Publisher : Penguin Books; Revised edition (December 10, 2008)
- Language : English
- Paperback : 368 pages
- ISBN-10 : 9780143115762
- ISBN-13 : 978-0143115762
- Item Weight : 9.2 ounces
- Dimensions : 7.76 x 5.08 x 0.44 inches
- Best Sellers Rank: #6,179 in Books (See Top 100 in Books)
- #34 in Budgeting & Money Management (Books)
- #210 in Success Self-Help
- Customer Reviews:
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About the author

Vicki Robin is a prolific social innovator, writer and speaker. She is coauthor with Joe Dominguez of the international best-seller, Your Money or Your Life: Transforming Your Relationship With Money and Achieving Financial Independence (Viking Penguin, 1992, 1998, 2008). It was an instant NY Times best seller in 1992 and steadily appeared on the Business Week Best Seller list from 1992-1997. It is available now in eleven languages.
Her new book, Blessing the Hands that Feed Us; what eating closer to home can teach us about food, community and our place on earth (Viking/Penguin 2014) tells how her experiment in 10-mile eating not only changed how she ate, but also renewed her hope and rooted her in her community. She calls this “relational eating.” She went on to investigate how we might restore the vitality of our regional food systems so everyone could have the benefit of relational eating – healthy food, healthy communities. She calls this building “complementary food systems,” not to replace but to work along side of the global industrial systems we now depend on for almost 100% of our food. Her book offers many practical tools for transformation, from changing our attitudes, to changing our habits to changing our food sources to getting active in social and political change.
Called by the New York Times as the “prophet of consumption downsizers,” Vicki has lectured widely and appeared on hundreds of radio and television shows, including "The Oprah Winfrey Show," "Good Morning America" and National Public Radio's "Weekend Edition" and "Morning Edition"; she has also been featured in well over 100 magazines including People Magazine, AARP, The Wall Street Journal, Woman's Day, Newsweek, Utne Magazine and the New York Times.
Vicki has helped launch many sustainability initiatives including: The New Road Map Foundation, The Simplicity Forum, The Turning Tide Coalition, Sustainable Seattle, The Center for a New American Dream, Transition Whidbey and more. In the 1990’s she served on the President's Council on Sustainable Development's Task Force on Population and Consumption.
In addition to her sustainable consumption work, Vicki has been a leader in the field of dialogue. She co-created the Conversation Cafés method and initiative, promoting it first in Seattle and then throughout the world. Conversation Cafés are hosted conversations among diverse people in public places on subjects that matter. Vicki has spoken at workshops, conferences and to the media (Readers Digest, National Public Radio, Utne Magazine, The New York Times, The Seattle Times and many local media) about the Conversation Café method and its possibilities for revitalizing our public life.
For fun, Vicki is a comedy improv actress, appearing frequently with her troupe, Comedy Island.
Born in Oklahoma in 1945, Vicki grew up on Long Island and graduated cum laude from Brown University in 1967. She received awards from Co-op America and Sustainable Northwest for her pioneering work on sustainable living. Vicki’s one of 61 visionaries featured in Utne Magazine’s book, Visionaries: People and Ideas to Change Your Life. A&E Entertainment’s show “Biography” honored Vicki as one of ten exceptional Seattle citizens. She currently lives on Whidbey Island in Puget Sound.
Customer reviews
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Learn more how customers reviews work on AmazonCustomers say
Customers find the book simple, well-written, and approachable. They also find the content profound, liberating, and transformational. However, some find the writing style wordy, repetitive, and long-winded. Opinions are mixed on the tone, with some finding it fun to read and others finding it boring and redundant.
AI-generated from the text of customer reviews
Customers find the book's content profound, timeless, and helpful for understanding freedom and independence. They also say it offers practical steps to achieve financial independence. Customers also say the book has a core of good basic advice and is liberating.
"...Although a very practical and no-nonsense book, I think its results in one's life can still be magical." Read more
"...to the basic principles within this book, you can reach financial freedom with peace of mind...." Read more
"...The book left me invigorated, and inspired to live more simply so that I can spend more of my life “ working for a living instead of working for a..." Read more
"This book has a core of good, basic advice to help readers be more intentional with money.It is terrible as an investment guide...." Read more
Customers find the book easy to read, engaging, and simple. They also say the first 8 chapters are well thought out and methodical. Readers mention that the book asks them to do the work, and that the worksheets are clear.
"...The tools are simple too, and anyone can use them...." Read more
"...No fuss, no worry, no concerns about inflation.It's the old principle of the hare or the turtle...." Read more
"...They even have specific steps, worksheets, etc. to get you through this process...." Read more
"...And this book provides a practical step by step guide to getting there...." Read more
Customers are mixed about the tone of the book. Some find it approachable, applicable, and fun to read, while others find it boring, horrible, and unnecessary. They also mention that the exercises are totally impractical.
"...I see I am not the only one who felt like it was looooong and redundant, reading it was like being forced to go to Sunday school when I was a kid!..." Read more
"Well done. A delight to read. A clear and thorough way to get a grip on your money and your life!" Read more
"...I found it extremely tedious and a huge disappointment. Instead of this book, I would recommend Financial Peace Revisited by Dave Ramsey...." Read more
"...Overall the book is average to mediocre with the occasional pearl if you look hard enough and ignore the fluff and sometimes outright bad information." Read more
Customers find the writing style wordy, repetitive, and hard to read. They also say the author is extremely long-winded and the book starts on a depressing note. Readers also say that some concepts are too radical to implement and the writing is negative.
"...have been a pamphlet, but it's jam-packed with anecdotes, repetition of earlier points, and general clutter that makes me wish for a Cliff's Notes..." Read more
"...It uses way too many examples and repeats the same idea over and over. To me, it kind of reads like a sermon or a motivational speech...." Read more
"...The book is dense, sometimes repetitive and I found the case study examples boring after awhile...." Read more
"...go about using your money, this is for you, even if the author is long-winded in places." Read more
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I have now finally finished Your Money or Your Life and had a huge aha-moment that this is the approach I want and need for sound money management moving forward. I know that the book's method works because although I haven't used all of its steps, I've been tracking my income and expenses every day for eight months (using a Japanese money journal, a "Kakeibo"). After having struggled with money my whole adult life, I'm now FINALLY living within my means and I'm set up to start creating wealth. It would never have happened without getting conscious about my actions with money through tracking how I use it.
I think I probably dismissed Your Money or Your Life when I first bought it years ago because I wanted a shortcut to abundance, so those were the "solutions" I bought into. The problem is that none of the other methods really worked. Your Money or Your Life may not come in a sexy package, but it WORKS. The tools are simple too, and anyone can use them. If you're tired of financial chaos and feeling like you never have enough, read this book and USE THE TOOLS! Although a very practical and no-nonsense book, I think its results in one's life can still be magical.
It's the old principle of the hare or the turtle. After 40 years I finally got it...the turtle wins out with the magic of compounding. If you just learn those two principles...compounding and Treasury Bonds and start as early as possible, you will be financially free with no risks. Yes. You can try the stock market. I did. Lost alot of money because I acted like a hare, jumping around from one trade to another. if you must use the market, I recommend you buy an Index Fund from Vanguard. Just put your money in every year over 30-40 years. That also works...but it's not risk free. You'll have lots of ups and downs with the possibility of losing everything when times get bad, real bad and you pull out.
To be honest, all of my teaching buddies made their fortunes in real estate by buying one house at a time. But...still not risk free and a lot of worry, work, and frustration. You want an easy way to financial freedom and a great life, read this book every year for the rest of your life. I rated it only four stars because it's too expensive for a kindle book and should be dropped down in price so it is more available to the public. This is a book that all of America needs to read!











































