Monday, July 22, 2013

TOP 10 Personal Finance Books of All Time - #7

7. Your Money or Your Life



Contrary to popular belief, living more frugally increases (rather than decreases) your quality of life. Author Vicki Robin's cites many examples, such as the practice of working at a job that brings in less than the amount you pay out for childcare and "time saving" trips to McDonalds.

Best quote: "Conditions have changed, but we are still operating financially by the rules established during the Industrial Revolution--rules based on creating more material possessions. But our high standard of living has not led to a high quality of life--for us or for the planet."


Source from inc.com

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