YOUR MONEY OR YOUR LIFE SUMMARY (BY VICKI ROBIN)

Share
The Swedish Investor
Published at : 15 Nov 2021
127880 views
3343
48

Support the channel by getting Your Money or Your Life by Vicki Robin here: https://amzn.to/2RU2HW2

As an Amazon Associate I earn from qualified purchases.

Animated summary of Vicki Robin’s Your Money or Your Life. This is THE go-to book for taking back your life through changing your relationship with money.

The ultimate playlist of books on how to save money fast: http://bit.ly/2Onqiwa

Top 5 Takeaways of Your Money or Your Life:
0:00 Intro
1:09 1. Decide Your Own "Enough"
2:56 2. Compare Your Lifetime Income to Your Net Worth
4:35 3. Calculate Your True Hourly Wage
7:33 4. Money isn’t $, € or SEK. It’s Life Energy.
9:21 5. Create a Wall Chart of Income and Expenses

TL;DW:
- Advice number 1 is that you must escape the endless race of “more” and decide when you’ve had enough. Enough differs from person to person, but we all have such a point.
- Takeaway number 2 is to make peace with the past by recognizing your spending habits from your earlier life. To do this, compare your net worth with the total amount of money that you’ve ever earned.
- In takeaway number 3 we talked about how you can decide your true hourly salary, and that paid work should be focused around maximizing this number.
- Number 4 is probably the most important takeaway in the book, and that is that money is life energy. Every expense that you have is depleting this energy.
- Finally, takeaway number 5 is that you should create a wall chart to start tracking your income and expenses monthly. Done right, this will increase your gap between income and expenses, which will allow you to generate more investment income. Investment income is what will make it possible for you to answer, “I’ll take both, thank you” when someone asks you “your money or your life?”.

My goal with this channel is to help you make more money and improve your personal finances. How to become a millionaire? There are many ways to get there – investing in the stock market, becoming a stock trader, doing real estate investing, or why not becoming an entrepreneur? But whether you are interested in how to invest in stocks or investing strategies for creating passive income with rental properties – I hope to be able to provide you with a solution (or at least an idea) here. Warren Buffett - the greatest investor of our time - says that you should fill your mind with competing ideas and then see what makes sense to you. This channel is about filling your mind with those ideas. And in the process – upgrading your money-making toolbox.

Your Money or Your Lifevicki robinjoe Dominguez

The True Cost Of The Most Advanced Aircraft Carrier | True Cost

The True Cost Of The Most Advanced Aircraft Carrier | True Cost

nL Highlights - The G.L.O.A.T. (The Greatest Loser of All Time) [WWE Smackdown vs. Raw 2006]

nL Highlights - The G.L.O.A.T. (The Greatest Loser of All Time) [WWE Smackdown vs. Raw 2006]

Before You Build a Gaming PC in Late 2021

Before You Build a Gaming PC in Late 2021

Διαβάζω τρομακτικές-παραφυσικές εμπειρίες σας (Part 18)

Διαβάζω τρομακτικές-παραφυσικές εμπειρίες σας (Part 18)

Basics of creating assembly

Basics of creating assembly

THE ABSOLUTE BEST TRADING STRATEGY (WORKS ON ALL MARKETS)

THE ABSOLUTE BEST TRADING STRATEGY (WORKS ON ALL MARKETS)

Bigg Boss 15 Nomination Task: Karan Kundra को Nishant का धोखा, ये 8 हुए Nominate | Shudh Manoranjan

Bigg Boss 15 Nomination Task: Karan Kundra को Nishant का धोखा, ये 8 हुए Nominate | Shudh Manoranjan

Learn How to Transform ANY Cheap Table into something Beautiful

Learn How to Transform ANY Cheap Table into something Beautiful

Barzz - Reasonable Doubt

Barzz - Reasonable Doubt

Trump's attempt to withhold documents related to Jan. 6 attack blocked

Trump's attempt to withhold documents related to Jan. 6 attack blocked

Abba - Just like that (Unreleased) (1982/2021)

Abba - Just like that (Unreleased) (1982/2021)

The Bruners Anytime

The Bruners Anytime

" 𝗧𝗛𝗘 𝗙𝗔𝗟𝗦𝗘 𝗗𝗔𝗥𝗞 𝗠𝗔𝗧𝗥𝗜𝗫 𝗜𝗦 𝗚𝗢𝗡𝗘 " - 𝗧𝗿𝘆 𝘁𝗼 𝗮𝗯𝘀𝗼𝗿𝗯 𝘁𝗵𝗶𝘀 𝗯𝗲𝗮𝘂𝘁𝗶𝗳𝘂𝗹 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 𝗶𝗻𝘁𝗼 𝘆𝗼𝘂𝗿 𝗲𝗻𝗲𝗿𝗴𝘆 𝗯𝗼𝗱𝘆

" 𝗧𝗛𝗘 𝗙𝗔𝗟𝗦𝗘 𝗗𝗔𝗥𝗞 𝗠𝗔𝗧𝗥𝗜𝗫 𝗜𝗦 𝗚𝗢𝗡𝗘 " - 𝗧𝗿𝘆 𝘁𝗼 𝗮𝗯𝘀𝗼𝗿𝗯 𝘁𝗵𝗶𝘀 𝗯𝗲𝗮𝘂𝘁𝗶𝗳𝘂𝗹 𝗺𝗲𝘀𝘀𝗮𝗴𝗲 𝗶𝗻𝘁𝗼 𝘆𝗼𝘂𝗿 𝗲𝗻𝗲𝗿𝗴𝘆 𝗯𝗼𝗱𝘆

Cheap Supercar Slaying Kit Cars You Can Build!

Cheap Supercar Slaying Kit Cars You Can Build!

Κριτήρια Αγοράς Tablet - Οι Καλύτερες Συσκευές για το 2020

Κριτήρια Αγοράς Tablet - Οι Καλύτερες Συσκευές για το 2020

Hammock - Still Secrets Remaining

Hammock - Still Secrets Remaining

Solana (SOL) UPDATE, YOU HAVE TO STICK TO A PLAN AND PREPARE FOR THE WORSE

Solana (SOL) UPDATE, YOU HAVE TO STICK TO A PLAN AND PREPARE FOR THE WORSE

EAP: Skills for Success. A one-stop solution for English academic purposes.

EAP: Skills for Success. A one-stop solution for English academic purposes.

Ladies Men 1

Ladies Men 1

Why President Dave Kauppi Is Continually Revamping His Business Model

Why President Dave Kauppi Is Continually Revamping His Business Model

FINAL TABLE! EPT Online - Main Event ♠️ LIVE Cards-Up with Nick Walsh & GJReggie ♠️ PokerStars

FINAL TABLE! EPT Online - Main Event ♠️ LIVE Cards-Up with Nick Walsh & GJReggie ♠️ PokerStars

Axiom Space allows Australians to get to space 'without needing American citizenship'

Axiom Space allows Australians to get to space 'without needing American citizenship'

Believe (Official Music Video) | Mat and Savanna Shaw feat. Rexburg Children's Choir

Believe (Official Music Video) | Mat and Savanna Shaw feat. Rexburg Children's Choir

Meta Monday for Standard and Historic on Magic Arena - September 27th, 2021

Meta Monday for Standard and Historic on Magic Arena - September 27th, 2021

Trip to Makkah to perform Umrah / Umrah Vlog / Beautiful views of Kabah

Trip to Makkah to perform Umrah / Umrah Vlog / Beautiful views of Kabah

How to plot bilirubin

How to plot bilirubin

Home Owner

Home Owner

Rema - Bounce (Official Music Video)

Rema - Bounce (Official Music Video)

Baby Blue -The Teens - Urgente Rock and Roll

Baby Blue -The Teens - Urgente Rock and Roll

Monster School : Mr Meat Story - minecraft animation

Monster School : Mr Meat Story - minecraft animation

PUT-IN ft.CHWYTAK & DJ WIKTOR - BOLI CIE CZAPA? / Prod.Koc!an

PUT-IN ft.CHWYTAK & DJ WIKTOR - BOLI CIE CZAPA? / Prod.Koc!an

Illegal Aliens May Get $450K EACH In REPARATIONS!

Illegal Aliens May Get $450K EACH In REPARATIONS!

This is probably the funniest video on my channel

This is probably the funniest video on my channel

Physical chemistry is defined as anything that has a static mass and volume

Physical chemistry is defined as anything that has a static mass and volume

The Method S01E01 (Метод S01E01)

The Method S01E01 (Метод S01E01)

Billionaires Are Crashing The Housing Market! You Need To Hear This…

Billionaires Are Crashing The Housing Market! You Need To Hear This…

Location, Location, Location - Cheshire S36E02 | October 6, 2021

Location, Location, Location - Cheshire S36E02 | October 6, 2021

Marginal Cost Explained I A Level and IB Economics

Marginal Cost Explained I A Level and IB Economics

DJ Arch Jnr Closing Down Mafikeng Kids Festival With Amapiano

DJ Arch Jnr Closing Down Mafikeng Kids Festival With Amapiano

Jamie Makes a Tasty Huevos Rancheros with a Spicy Kick | Jamie's Comfort Food

Jamie Makes a Tasty Huevos Rancheros with a Spicy Kick | Jamie's Comfort Food

Ancient Philosophy Intro 20-1: The Science We Are Seeking by Katja Maria Vogt, Columbia University

Ancient Philosophy Intro 20-1: The Science We Are Seeking by Katja Maria Vogt, Columbia University

You can visualize a variety of data with the Add Page and Link function.

You can visualize a variety of data with the Add Page and Link function.

We are the 99%

We are the 99%

Describing 2D Shapes

Describing 2D Shapes

I SWITCHED REPORT CARDS WITH THE NERD!! **BROOKHAVEN ROLEPLAY** | JKREW GAMING

I SWITCHED REPORT CARDS WITH THE NERD!! **BROOKHAVEN ROLEPLAY** | JKREW GAMING

This is the Way We Sweep the Floor

This is the Way We Sweep the Floor

Lauv - Never Not (Lyric Video)

Lauv - Never Not (Lyric Video)

Gerald - Up Now (Prod. PAM) Official MV

Gerald - Up Now (Prod. PAM) Official MV

Fractal Design Define C Review - A Top Quality Mid-Tower Case?

Fractal Design Define C Review - A Top Quality Mid-Tower Case?