Working at The Motley Fool, a day doesn't go by without reading about the best way to save or invest for retirement. Plus, I absorb all I can about Finishing Rich and being that Rich Dad. Most with the same broad message about embracing compounding and living beneath your means, and just waiting.
So, I was particularly thrown when I picked up Die With Zero, which sucker punches those platitudes and empowers spending to improve life experiences.
5 "yeps" and 3 "nopes" from Die with Zero
NOPE: "There is an optimal time for giving, and it is never when you’re dead."
NOPE: "I went all out, creating the best party my money could buy."
NOPE: "Leaving money behind amounts to a waste of life energy"
YEP: "The ideal age to inherit money is ... the age range 26 to 35."
YEP: "It’s important to have each experience at the right age."
YEP: "Worsening health constrains your enjoyment of wealth."
YEP: "Being aware that your time is limited can motivate you"
YEP: "Life is the acquisition of memories. In the end, that’s all there is."
I have thoughts to follow up on each of these that I'll thread to follow this post.
What do you think of these callouts if you have read Die With Zero? And what did you think overall? Did it change you in any way? I think it really is having an impact on me.
Please note this is NOT financial advice and is not representative of the thoughts of my employer. It's my own book summary.