ChooseFI Logo

070 | Your Money Or Your Life | Vicki Robin

Top Articles

New users get 1 year FREE of M1 Plus and earn $30 if they fund their accounts with $1000 or more in the same month!

  • $0 commission-free trading
  • Investing made easy with automatic rebalancing
  • Low 2% rate for emergencies or to consolidate loans

Start a new,

HIGH PAYING CAREER 

No tech experience
or degree required

Take the Salesforce Challenge

Share This Post
Share on facebook
Share on linkedin
Share on twitter
Share on email
Share on pinterest
Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.

Author and FI pioneer Vicki Robin discusses the cultural development of over-consumption, how much is enough, and what else, besides good investments, contributes to successful financial independence?

What you’ll hear in this exclusive with Vicki Robin:

  • Vicki’s story began when she invested in long-term bonds at a young age, achieving modest financial independence very quickly
  • Vicki and her partner, Joe Dominguez, hosted seminars about financial independence beginning in the 1980’s, donating the proceeds.
  • What is the difference between making a living, and making a “dime”?
  • How did the culture of over-consumption develop during the past century?
  • Once the average person spends 20 years preparing for adulthood, and another third of your life sleeping, how much time do we really have for living?
  • What is the idea of the Real Hourly Wage, and how could it impact the way we spend money?
  • Why might we need to be “deprogrammed” from consumption?
  • What is the Fulfillment Curve and what is the difference between a “cheap thrill” and real satisfaction?
  • How does consumerism develop throughout life, and does it stem from dissatisfaction?
  • How much is enough?
  • Once people have “enough”, happiness actually comes from giving, not getting.
  • How is Real Hourly Wage calculated?
  • What needs and identities are neglected when we overspend our hours and consciousness on our jobs?
  • How do people confuse work, jobs, and income?
  • Finding passive income helps to separate jobs from income.
  • What does Vicki enjoy about finding community with the world of FI?
  • Community is currency – money isn’t the only element of becoming independent.
  • How do meaningful relationships developing into situations of Mutual Aid, and how does that impact a person’s living costs?
  • As a leader in the FI community for about 30 years, what does Vicki think it will take to create lasting, cultural changes?
  • In order to change the way the world consumes, personal change is necessary, but not sufficient.
  • How does universal health care impact FI in the US?
  • Will FI become mainstream?
  • Talking about our relationship with money in a first step toward creating lasting change
  • Sharing: Half the cost and twice the fun.

Listen to Brad and Jonathan’s thoughts about this episode here.

Links to things mentioned in the show:

Book on Amazon: Your Money or Your Life

Book on Amazon: Dying for a Paycheck

Website: Millennial Money

Subscribe To The FI Weekly

Action, accountability, inspiration, and community. Join the movement. Get started on your Path to FI

Choose FI has partnered with CardRatings for our coverage of credit card products. Choose FI and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Disclosures.
More To Explore