MAY 16, 2025

7 money lessons from Your money or Your Life

Images: Shutterstock

Source: nytimes.com

Source: nytimes.com

Your Money or Your Life is a personal finance book that helps you rethink money, consumption and life purpose through mindful financial choices.

The book teaches how to align spending with values, track money consciously and achieve financial independence, not by earning more, but by needing less.

“Money is something we choose to trade our life energy for. When you buy something, you are paying with the hours of life you spent earning that money.”

Money = Life Energy

“Enough for me is when I can get a good night’s sleep and not feel guilty about how I spend my time and money. The pinnacle of fulfillment is knowing you have enough.”

How much is enough?

“Tracking every penny that comes into or goes out of your life is the foundation of transforming your relationship with money.”

Track every penny

“There is a point where having more stuff begins to eat away at our sense of well-being. After enough, it’s downhill all the way.”

The fulfillment curve

“Your real hourly wage is the money you’re paid minus the costs in time and money of getting to and from work, decompressing, and more.”

Calculate real hourly wage

“Financial independence is the experience of having enough - and then some. You will know you are financially independent when you can live comfortably without a paycheck.”

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