Joe Dominguez and Vicki Robin - Your Money or Your Life: Transforming Your Relationship With Money and Achieving Financial Independence

Pros: Helps reframe your thinking about money, debt management
Cons: Sometimes gets a bit too 60's-hippie or uber-thrifty; investment advice dated

The first time I read this book I was plugging along, reading the chapters and half-heartedly doing some of the application exercises in my head, when it hit me. The clouds parted, angels sang from the heavens, sunshine streamed down and doves landed on...

Pros: Sound sensible advice that you do not have to follow.
Cons: Might bee too much homework for some

Upon my first viewing of Your Money or Your Life I reshelved it saying "I’m not going to track every penny." Upon my second viewing I reshelved it saying "What’s the point of graphing your debt?" Upon my third viewing I just bought the darn thing because...

Pros: Common sense approach to achieving financial freedom
Cons: Outdated techniques, bad advice about investing in treasury bills, some exercises are difficult to perform

This is a book about achieving financial independence, It's about freeing yourself from the seemingly never-ending cycle of debt and loan payments. It emphasizes a sense of frugality, high-quality, and community. The book advises you on how to ...

Pros: Probably more than any other, this book has encouraged countless people actually to "retire early".
Cons: Occasional passages might seem "touchy feely" or preachy. (Just freely skip to the good stuff.)

"Been there, doing that!" I'm a bona fide example of a frugal "early retiree" (far from being a millionaire) following the general principles of the late, great Joe Dominguez, whose inspiring book I first encountered in the ...

Pros: A life-changing philosophy and plan for financial freedom.
Cons: The steps are time-consuming, but necessary.

If you are an avid book reader, during your lifetime you’ll encounter a few books that will literally change your life. Your Money or Your Life is one that has done so for me.

The late Joe Dominguez, who co-authored this book with Vicki...

Pros: Readable style, good advice, lots of examples.
Cons: Ultra-conservative investment approach.

"Your Money or Your Life," by Joe Dominguez and Vicki Robin, is a philosophical book about money that aims to change your perspective on spending and work and provide some alternatives--it's more of a self-improvement book than a book of tips...

Pros: Tells you exactly what to do to achieve financial freedom
Cons: Certain steps are difficult to do-some ideas are not mainstream

This book made a cameo appearance in the movie, 'American Beauty'. I won't tell you where in the movie, but it was in clear view in the foreground of one of the scenes. If you ever read this book, watch 'American Beauty' afterwards and you will see how...

Pros: A good roadmap to re-evaluating the role of money in your life
Cons: Poor investment advice

YMoYL is a revolutionary book. The key to the book, and the program, is taking account of what money means to you in terms of how much energy you expend to acquire it. The very start of the program requires a lot of thinking and math (taking account of...

Pros: Easy to read, very insightful, offers useful advice
Cons: not always easy to find in the store try online

I have read a lot of articles and books dealing with debt reduction, rebuilding your credit, and how to invest for the future. They all pretty much had the same bottomline: Save x% regulary and you will reach your financial goals. And some tips here...

Pros: A catalyst for working toward financial freedom; really fresh ideas about money and life
Cons: Gets bogged down at points; sometimes seems preachy

We read this book just two years ago and then totally changed our financial life. Both my husband and I swear by our new lifestyle, where our time is valued and we recognize the relationship between our time and money. We now spend money on things that...

Pros: good, solid advice
Cons: too much time required to follow the program

This is a wonderful, informative 10 step type program of solid advice for the financially out of control...THE SPENDAHOLIC!

The book is well-written, easy to follow, and keeps the attention of the reader. With its stories of of how other...

Pros: Achieve financial independence by watching your money closely
Cons: So much time and energy spent on tracking minute details

I picked up my copy of "Your Money or Your Life" at Crazy Wisdom, a bookstore and tea house in downtown Ann Arbor. It was in the "Work and Right Livelihood" section. On my bookshelves at home it shares space with Doris Janzen...

Pros: Learn a new financial system that works
Cons: Must read it 3 times to understand this philosophy.

Interesting author who retired at a very early age while a stock broker and then went out to give really good seminars. I also have his large tape set from the early years, when noone knew about Your Money or Your Life principles. I totally agree that...

Pros: May help you change the way you think about money.
Cons: Your credit card company doesn't want you to read this book.

This book literally changed my life by changing my way of thinking about money. This book can help you to realize the value of your life energy and then to calculate how much of that energy you are actually spending on the things that are important to...

Pros: A few good ideas
Cons: The authors are/were freaks about it.

According to the authors, money "life energy" which I think is junk. I think everything you takes time from doing something else. If you sit and watch the Monday Night Football game you could easily reading or exercising.

They say...