The Frugallery

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Book review: Your Money or Your Life Joe Dominguez & Vicki Robin

Your Money or Your Life by Joe Dominguez & Vicki Robin is a “must read” for everyone who deals with money (that’s everyone)!

The book walks you through the steps of finding out where you are financially.  It forces you to calculate your spending down to the penny & find savings opportunities.  The book walks you through determining your values and goals to find ways to put your money to work towards the future.  I first read this when my (then) fiance and I combined our household money.  It was an eye-opener for both of us and helped open the lines of communication for us to talk about this important subject.

It is different from the typical budgeting book in that it focuses less on specific tips of how to save money, and more about examining needs versus wants.  It speaks to the value of your time and whether your spending is aligned with your values.

You can visit your local library to check out a copy or buy a used copy very reasonably through Amazon by clicking on the link below.

Your Money or Your Life: Transforming Your Relationship with Money and Achieving Financial Independence

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2 thoughts on “Book review: Your Money or Your Life Joe Dominguez & Vicki Robin

  1. We loved this book too. The whole idea about trading money for time (instead of always time for money) really struck us, as this concept is too often overlooked in personal finance books. But it is key to being able to live your dream and fulfill your purpose – can’t do that as a financial slave or workaholic. Time is what we need more of.

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