I can usually tell in the opening chapter whether I’m going to love a book. Sometimes I get an ominous foreshadowing of the discipline required to make it all the way through. Regardless, most books unpack good ideas which are worth your time as a reader (it took the author much more time to create it for you). And occasionally you stumble into really good books with ideas you’ve not heard before or ideas that make you reconsider opinions you’ve held for years.
Bill Perkins’ book called Die With Zero was one of those books for me. It immediately grabbed me with its premise to “rescue you from over-saving and under-living.” Perkins goes after the notion that is ingrained in us as kids to save for the future. While saving itself is valuable, most of us take it to absurd extremes as we get older. It doesn’t feel this way because everyone around us is trying to do the same thing. But as the book argues (very persuasively in my opinion), we actually lose out on much in our life as a result. So do our friends and family.
The point isn’t to consume more either. It’s to realize that money is a tool for the people and things that matter to us and we should spend it on them rather than mindlessly accruing more and more of it until we die and leave behind some massive bank account.(more…)