Your Money or Your Life by Vicki Robin (and Mr. Money Mustache) Summary

Your Money or Your Life by Vicki Robin (and Mr. Money Mustache) makes an important point to relate your income to your time spent working. In other words, each hour spent working is an hour of your life gone. Those who want to achieve financial freedom/independence or retire early need to understand the concept of earning income in other ways than trading your time for money, also known as passive income. There's no need to listen to hours and hours of an audiobook when you can have the entire book summarized with this animated video.


DISCLAIMER: Nothing published on my channel should be considered personal investment advice. Although I do discuss various types of investments and strategies, I am not a licensed professional. Please invest responsibly.

[AdventuresandUs]

I agree, tracking your expenses is the biggest first step that no hardly does

[beingdonna]

One thing I know for sure is that too much of my life energy is absorbed by my job, and that is just in the hours that I am actually physically there. Counting the extra job related expenditure on top is just scary. I need to claw some of that life energy back. Great and thorough book review Chris.

[IPONerd]

Minimalistic lifestyle and a budget is the key :)

[GenExDividendInvestor]

That's a great title for a book... We need to get to teaching financial literacy in schools. Many of the concepts in the book would be so helpful to everyone.

[CentsibleLivingWithMoneyMom]

Chris, I do not understand why you do not have over 100 subbies. Your channel has so much value!!!

[NaamWynn]

Such an excellent book. One of the first books I read on personal finance!

[mikemoore]

Never heard about this book actually. Thanks for the summary. Really well done!

[soniaferrer-ponce]

I have been looking for the best summary of this book and I finally found it. Checking your other videos now and needless to say, I also subscribed to your channel. Not only are you knowledgeable but also a great presenter. Thank you for taking the time for doing this for others!

[Arvabelle]

I haven't read this one! Any other book recommendations?

[NashTheo]

I've actually never heard about this book, I'm definitely gonna get it

[PassiveIncomeTom]

Not sure how I missed this one Chris! 🤔

These are some basic tips we all need to use. 👍

[kirinnguyen]

Awesome book with awesome tips! Thanks chris!

[tenminutetravelbreak]

Got this book on my desk here at the office, sitting here looking at it now.

[NickPeitsch]

Never heard of this book but it sounds great!

Might just have to buy it :)

[NoDebtButLove]

Nice! I will have to check this book out.

[Squintillions]

Missed this when you posted. What is this video, under the radar?
Thanks for the briefing, I’ve seen this book on Amazon and wondered about it. I like how you added your own thoughts. And also, I am glad you talked about staying in a job if it serves you positively. Really there is no need to quit or retire from a job that you enjoy and can still do well, just because you can do so financially. I think people miss considering some of the intangible benefits of working when making the decision.

[mindsinmotion]

The creator of the FIRE movement. Shout out to RicoSuave investing for suggesting this channel. Just subbed!

[SeanLei]

Great summary of the book! A great read for all

[QuesttoFIRE]

Great review- this one is definitely on my list to read!🔥🔥🔥

[sha_la]

Great video! Ouch, my latte is a once a day habit. I have a just for fun account and it mostly goes to coffee. if I go out with a friend I normally have a coupon (buy one get one complementary).