Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018 Kindle Edition

I found this book worthwhile, but not what I would call 'the perfect solution". I am over 70 and have spent my life living frugally, continually saving and investing for the future and retirement. I have been quite successful at growing net worth, while living comfortably. I truly believe a key component is learning who you are and understanding how you are best suited to reach your goals. I personally think this book is too caught up in looking at every penny. I think each penny is important, but have focused on being sure there is constant savings. I don't expect my approach to work for everyone, but I want to emphasize that there can be many paths to reach the same goals. I suggest reading a wide variety of approaches that focus on saving and investing for the long haul. I have made small changes along the way when trying new things. In the end I have found that success came with simplicity. Look for the big picture in the book and any other. Growing wealth is like growing a big tree, strong trees grow big over a long time.

The first 8 chapters of the book are great, chapter 9 should just be deleted. The original book recommended putting 100% in Treasuries. Since that is clearly a terrible idea now, the book grudgingly recommends index funds.The thing that drives me nuts is the book says that it took 25 years for the stock market to recover from the Great Depression. This is a lie, when you account for dividends and deflation it took 4.5 years to recover if you put a lump sum in at the absolute peak.If you’re going to try and scare people at least be honest. Also if you’re going to pretend that 100% treasuries was a great idea in the 80s at least mention that a 60/40 stock bond blend would have blown it out of the water.

The content is good, but it is written as if someone just dictated a seminar that lasted a week. It is full of "take Mary for example, she did blah blah blah and blah blah happened" followed by 3 more examples. Yea, I get it. I got it before the example and now I am just annoyed skimming past the examples thinking about the trees that were killed for no reason. Overall, there is some good content in the book, but it could have been cut down 25% easily. After reading the first half of the book I learned to just skip over the examples and skim some of the paragraphs to keep my sanity to make it through to the end

What happened to the simple comprehensive assistance to money management? So disappointing.I get it there is always so much else to say. However the original book was so good for those looking for good , profound,advice, Now. An individual looking for help is not always in the best place to wade through pages thick with non stop sentences.The original was slim and so helpful. This is not a book an 18 to 20 year old..even older would read.I can only say to VickiRobin "The road to hell is paved with good intention"

Too much of a focus on life energy and spirituality. Reads more like “The Secret” than a book about finances.

...according to this book. This author forces you to micro analyze your finances in an extreme and dismal way. She incorrectly assumes that the reader hates their job. I work a 9 to 5 but I actually like what I do. Yes, I buy clothes, cosmetics, I go out to lunch on occasion and I enjoy artistic thingsthe weekends not because I am "blowingoff steam" or because I'm bored or stressed at work but because I enjoy life. The author was extremely condescending when referring to your boring, lackluster and unfulfilling job. This book left me feeling frustrated and overwhelmed especially because of the totally impractical exercises. Calculate every penny I've ever made or spent in my life? No thanks. According to the methods, I would actually be paying to go to work. I was looking for a practical book on money but this just left me feeling like my life sucked. I gave it away as soon as I could. I learned the hard way... Buying this book was a bad investment.

Basic principles of this book are decent, however, the principles are not gold and it could be summed up well in 50 pages or less...not the redundant, ranting 300 page book it is.First 80 pages of the book are worthless and torture mostly focusing on the consumerism/doomed/horrible smog-infested society we live in, last two chapters most useful and can be read in a bookstore.I did not like many examples given; it seemed to focus on divorce excessively with ~ 80% of case report examples of "FI-ers" being divorced which I found rather odd and unnecessary to mention.Take home points of this book: Spend less than you earn, save, document every penny you spend, become a minimalist and only purchase things you need, the less you need the more fulfilled you will be, the less you will work, etc.Things to consider:1) The "FIer" lifestyle is not for everyone- I equate an "FIer" to the tiny home movement in principle.2) Book recommends that bonds should be the mainstay and the only thing in your portfolio. I strongly would discourage this. "Safe" bonds which I pretty much consider anything that that is not a junk bond or preferred stock bond, are not hitting the high yields that Joe Dominguez saw in his day and on many years aren't comparing to rises in inflation. While you can never predict the stock market, when looking at time tables- it always goes up. Traditionally, stock markets rise while bond yields go down some and visa versa. The best way for security and safety is proper allocation to each of these modalities: bonds (treasury bonds are great as mentioned in the book because you aren't charged state taxes, however, what the book fails to remind you of is that federal taxes are still fair game) and diversified stock portfolio most safely done by investing in mutual index funds with low fees (e.g. Vanguard). The older you are, for safety, the more bonds you should have in case the stock market plummets during your retirement years. For conservatives a 60% mutual funds and 40% bonds is recommended. For a retirement person, 20% stocks and 80% bonds should be considered. When you have all your eggs in one basket, you lose that safety net.3) Other things I disagree with in this book- everyone should have health insurance, you should not forgo this to "save" money; sure buy the less comprehensive plan if you are healthy and pay less and have a higher deductible but you are gambling when you forgo it all together.4) They also suggest in this book "rolling-over" your 401k and 403b accounts to bonds; however, these are pre-taxed dollars and you will likely get slammed- most retirement plans now give options to the "risk" or rather stock/bond ratio you desire. I would more likely suggest rolling money to Roth IRAs (post-tax and therefore tax free with capital gains) or just leave your nest egg to compound growth where they are at.Now I am ranting. Cheers.

If you know the basics about personal finance, then this book is not for you. I can't say I learnt anything from this book. It never goes into detail about anything. The chapter I was most looking forward to in this book, was the one about investing in incoming producing assets. However this was very disappointing as all it stated was "invest in assets that create income". Stated she made lots of money investing in bonds when the interests rates were good, but advises against them now, however no alternatives were given. If you're new the financial independence world then this book maybe of use to you, otherwise I'd avoid it.

I found this to be a very engaging read. The crux of it is that we should all be equating our income to units of time (of our life - hence the title). By doing this, you work out the price of something in hours/weeks or whatever, rather than £££s.So an item valued £100, is worth a lot more to someone who earns £50 a week than it is for someone who earns £1000 A week.This, in theory, should help us make better decision regarding how we spend our hard earned cash.Changing your mindset in this way could help stop you spending mindlessly on things that aren't really essential or even really wanted. Good advice!The book is probably longer than it needs to be. I'll probably read it a second time to recap some of the useful tips/advice.I recommend that everyone starts to think in this way when it comes to their finances!

This is an overly basic book which for the most part just states the obvious. Most of the content is financial common sense 90% of which I was already implementing. I learned almost nothing from this.

Many of the graphics, which were essential to following the advice in this book, were too small and unclear to read on a Paperwhite Kindle.

- a very good resource for those who have not yet studied, read about or been thought about the principles of financial independence.- prompts you to think deeply about your core values and understand what is truly important to you.- points you in the direction of taking action according to those values - only spending on what brings you genuine joy and what you actually need to live- there are many other, better books regarding specific investment strategies. However this is an excellent grounding in understand yourself and then applying that understanding to your financial life decisions