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

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In a book on personal finance you want one thing: a concrete plan which engages your unique passions and desires. There are only a few such books out there. This is one of them. Dominguez and Robin start with the famous Laffer curve -- the idea that increasing a behavior leads to increased rewards only up to a definite point -- and apply it to money. Then they give you concrete ways to feel out where the point of diminishing rewards is with spending money. They walk you through dreaming about your passions so that when you forgo the latte you're not enjoying much anymore you remember the lakeside cabin or the trip of a lifetime you're working toward. It is a powerful plan for paying off debt, saving in ways that don't require you to master the stock market, and get out of your employment early enough that you can enjoy your life.