Tuesday, July 15, 2008

I Finished Reading "Your Money or Your Life"

I finally finished reading "Your Money or Your Life". I got this book for Christmas, but I got severely sidetracked reading George R.R. Martin's A Song of Ice and Fire series...which has nothing to do with finances. Anyhow, I liked "Your Money or Your Life". The way the author discussed using your life energy & finding out what your life energy is really worth- looking at what you're being paid, and expenses that go with having that job. It was all really interesting- and eye-opening. Even though the book was written over 15 years ago, I like the idea of the wall chart and getting to the point where you can live off of your investments and live without working. His views on early retirement and having time to volunteer were interesting, a little preachy, but still great ideas. Some of the anecdotes used seemed far-fetched, but they apparently are true stories. It is motivational to know what these people did with their financial life, and how achieving the concepts in the book are possible...if you do the work and take the necessary steps. I'm still at the digging out of debt step, but I won't forget these ideas for the future. It is worth a read, especially if you already have your debt under control.

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