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Financial independence (FIRE)

Your Money or Your Life

Vicki Robin & Joe Dominguez

The grandfather of the FIRE movement - change your whole relationship with money and time, not just your bank balance.

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Chapters

9
  1. Chapter 01Making Peace With the PastAdd up every rupee you have ever earned and everything you own - face the true number with no shame and no blame.Read this chapter →
  2. Chapter 02Being in the Present - Tracking Your Life EnergyYour pay is not your wage - subtract what the job really costs to find what one hour of your life actually earns.Read this chapter →
  3. Chapter 03Where Is It All Going? (The Monthly Tabulation)Sort every rupee you spend into your own categories each month, then turn each total into hours of life energy.Read this chapter →
  4. Chapter 04Three Questions That Will Transform Your LifeFor each spend ask: did I get fulfilment worth the life energy, does it match my values, and would it change if I didn't work for money?Read this chapter →
  5. Chapter 05Making Life Energy VisibleDraw one big chart of monthly income and expenses so your progress is impossible to ignore.Read this chapter →
  6. Chapter 06Valuing Your Life Energy - Minimizing SpendingFrugality is fully enjoying what you already have; cut spending that adds no real fulfilment, without feeling deprived.Read this chapter →
  7. Chapter 07Valuing Your Life Energy - Maximizing IncomeRespect your life energy by earning the most you honestly can - without tying your identity to the job.Read this chapter →
  8. Chapter 08Capital and the Crossover PointWhen your monthly investment income rises to meet your monthly expenses, you never have to work for money again.Read this chapter →
  9. Chapter 09Managing Your FinancesOnce you reach enough, put capital into safe, boring, income-producing investments you understand - and beware anyone selling complexity.Read this chapter →

This is my own plain-English understanding of the book’s ideas, in my own words with my own ₹ examples, laid out against the book’s real chapters so you can relate the two. It is not the book and reproduces none of its text - if it helps, please buy the book. Not affiliated with the author or publisher. The author is not SEBI-registered; nothing here is investment advice.