9 Steps to Transforming Your Relationship with Money and Achieving Financial Independence
9780143115762
Vicki Robin, Joe Dominguez, and Mr. Money Mustache
Notes
Clutter is anything that is excess—for you. It’s whatever you have that doesn’t serve you, yet takes up space in your world. To let go of clutter, then, is not deprivation.
Financial Independence is an experience of freedom at a psychological level. You are free from the slavery to unconsciously held assumptions about money, and free of the guilt, resentment, envy, frustration and despair you may have felt about money issues.
…evaluate your spending by asking three questions about the total spent in each of your subcategories:
- Did I receive fulfillment, satisfaction and value in proportion to life energy spent?
- Is this expenditure of life energy in alignment with my values and life purpose?
- How might this expenditure change if I didn’t have to work for a living?
Our values are those principles and qualities that matter to us. Living our values gives us peace of mind. Not doing so disturbs our conscience.
It’s your life energy that’s for sale. Be sure to sell it to the highest bidder, consistent with your integrity and your personal health and well-being.
At the Crossover Point, where monthly investment income crosses above monthly expenses, you will be financially independent in the traditional sense of that term.
No one can serve two masters. Either he will hate the one and love the other, or he will be devoted to the one and despise the other. You cannot serve both God and Money.