The Law of Diminishing Returns - Is That Right?

This week, Lisa and Misty review the New York Times Bestseller Your Money or Your Life: 9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence: Fully Revised and Updated for 2018 by Vicki Robin and Joe Dominguez with a forward by Mr. Money Mustache.

Joe Dominguez was a successful financial analyst on Wall Street before retiring at the age of 31, never again to accept money for any of his work.

Vicki Robin is a prolific social innovator, writer and speaker. Called by the New York Times as the “prophet of consumption down-sizers,” Vicki has lectured widely and appeared on hundreds of radio and television shows, including “The Oprah Winfrey Show,” “Good Morning America” and National Public Radio’s “Weekend Edition” and “Morning Edition”; she has also been featured in hundreds of magazines.

Misty covers each of the nine steps in Joe and Vicki's plan in this Your Money or Your Life book review, including:

1. Making Peace with the Past
2. Being in the Present -- Tracking Your Life Energy
3. Monthly Tabulation
4. Three Questions That Will Transform Your Life
5. Making Life Energy Visible
6. Valuing Your Life Energy -- Minimizing Spending
7. Valuing Your Life Energy -- Maximizing Income
8. Capital and the Crossover Point
9. Investing for FI

If you'd like to learn more and buy the book, you can head to the official website here. Or check it out on bookshop.org.

Check out the documentary we mention, The Queen of Versailles, here. 

Let us know what you thought of the book at gohelpyourselfpodcast@gmail.com!