Your Money or Your Life: Transforming Your Relationship With Money and Achieving Financial Independence

A guide to financial freedom outlines a nine-step program for looking at money in a whole new way, showing readers how to get out of debt, develop savings, reorder their material priorities, and achieve financial intelligence.

Based on their West Coast self-help seminars, Dominguez and Robin here map a route to financial security through a relaxed, prudent and environmentally-friendly way of life. Systemically analyzing one's overspending, as in the case histories cited, and calculating the "life-energy" cost (time, expenses, stress) of a competitive career, the authors maintain, can lead to reduced occupational expectations and to surprisingly large economies effected by pre-pricing food, clothing, transportation, loan rates, heath care and so on. Resulting surpluses, invested in Treasury bonds, will yield compound income eventually covering the reduced expenses. This "crossover point" brings financial independence, according to the authors, and freedom to choose one's work for greater personal satisfaction and the "commonweal." Some readers may be put off by the finicky detail and intense tone of the course, but few will fail to find here new insight and encouragement.
Copyright 1992 Reed Business Information, Inc.

Think environmentally, live frugally, and don't be surprised if your income shoots off the top of the chart that Dominguez, a former Wall Street financial analyst, and Robin ask you to put up on your wall. With this promise, they promote the possibility and goal of having "enough" money in your life. The wall chart of income, expenses, and investments is one of several very detailed records they mandate to support your attitude change. Others are a record of lifetime income and computation of your real working income, translated into "hours of life energy." It would be hard to carry out their nine-step program without frequent recourse to the book for continued inspiration and implementing detail. A marginal purchase for most libraries.
-Justine Roberts, Mill Valley, Cal.
Copyright 1992 Reed Business Information, Inc.