Money Makeover: Discovering Financial Health with Vicki Robin in "Your Money or Your Life"

🚀 The Book in 3 Sentences

1. This book is about money, our attitude towards it, and the role it plays in our lives.
2. Each chapter contains various real-life examples from the "Wallet or Life" community.
3. The book includes numerous tables and charts for filling out, which can help you establish the right balance between expenses and income.

🎨 Impressions

An interesting and unique book, I liked that it combines elements of artistry and practical advice. Authors - Vicki Robin and Joe Dominguez deconstruct the cult of money as such, and the main idea is that money is not something sacred, but it should be handled carefully and wisely.

How I Discovered It

I came across this book in 2021 during a challenging financial period. At that time, I was accumulating credit card debt and naively hoping that some sort of financial miracle would wipe away my minimum monthly payments. I held a steady job that provided some stability, but I was plagued by consumerism, overspending, and unhealthy financial habits. Reading this book marked a significant turning point for me in grasping the principles of financial well-being and taking a crucial step toward comprehending the role of money in my life.

Who Should Read It?

I would recommend it to everyone aged 18 to 25, especially when you start earning your own money and need to understand how to manage it.

☘️ What this book gave me

• A timely reminder that you cant earn all the money in the world, and even if you could, not all problems would be solved.
• Understanding that in our capitalist era, money can provide many conveniences and serve as a stepping stone to your dreams.
• Methods for tracking your finances.
• The realization is that people can escape from very difficult situations and massive debts by simply changing their habits.

✍️ My Top 3 Quotes

Riding a bicycle saves money in three ways: on gas, on gym membership fees, and ultimately, on doctor's bills.

You can never get enough of what you don't really want.

Money is what we exchange our life energy for.

If you are into managing your finances and like the review of this book, I can recommend this video, where Vicki Robin discusses how to save, spend, and think rationally about money:

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Wishing you all a nice middle of the week!