Die with Zero
A Common-Sense Guide to Living Rich....Instead of Dying Rich Imagine if by the time you died, you did everything you were told to. You worked hard, saved your money, and looked forward to financial freedom when you retired. The only thing you wasted along the way was... your life. Die with Zero presents a startling new and provocative philosophy as well as practical guide on how to get the most out of your money-- and out of your life. It's intended for those who place lifelong memorable experiences far ahead of simply making and accumulating money for one's so-called Golden Years. In short, Bill Perkins wants to rescue you from over-saving and under-living. Regardless of your age, Die with Zero will teach you Perkins' plan for optimizing your life, stage by stage, so you're fully engaged and enjoying what you've worked and saved for. You'll discover how to maximize your lifetime memorable moments with "experience bucketing," how to convert your earnings into priceless memories by following your "net worth curve," and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your "spend curve" and "personal interest rate." Using his own life experiences as well as the inspiring stories and cautionary tales of others--and drawing on eye-opening insights about time, money, and happiness from psychological science and behavioral finance --Perkins makes a timely, convincing, and contrarian case for living large.
Stats for nerds
6recommend
13mentions
12people
2022–2025years
46% recommend31% neutral23% critical
Mentions per year
What Hacker News says
- Who wants to stay a billionaire? You can't take it with you, and that's an unfathomable amount of money for a single person to have. At a flat 5 percent interest per year, that's $50 million a year, or just under a million per week, or $137k/day. per day! You could fund a third space for quite a while on that and still never run out of money after your ordinary life expenses were paid. Ballooning life costs can still add up as jets and yachts get expensive, but that's still an insane amount of money.
On 50 million a year, you could give out 49,000 homeless people to give $1,000 to every year, and still have a million dollars to spend, without touching your principle. Could you even find 134 homeless people every day to give $1,000 to?
The goal is to Die with Zero, as written by Bill Perkins, and while you may not want to literally do that, it's still a good book to read to get you thinking about how to spend your money.
- If you like that, you may like the book "Die With Zero: Getting All You Can from Your Money and Your Life". Even if you don't want to die with $0 there's a lot of sound advice around having good experiences now instead of waiting until you retire.
- "Die Broke" is similar. I read it ten years ago and it completely changed my attitude towards money. At least partially because of it I just gave my adult kids (28 and 30) as much money as I could as an early inheritance. It has way more value to them now than in 10, 20, or 30 years when I die. Plus I get to see them enjoy it, they get to thank me, they're not waiting for me to die, etc.
I am lucky to be able to do that, of course, but many would can give an early inheritance don't.
Which is to say, huge +1 to reading "Die With Zero" or "Die Broke"
- * Hook Point, Brendan Kane - How to get your message across in 3 seconds
* Three Simple Steps, Trevor Blake - Biography based inspiration for mental success
* The Price You Pay for College, Ron Lieber - Data driven look at the true cost of college for parents and teens
* Die With Zero, Bill Perkins - Counterpoint to FIRE movement, consider time value of money today vs. saving all for a future that might not exist
* Economics of Star Trek, Rick Webb - Exploration of how finances could work in the fictional world of the Federation
* The Creature from Jekyll Island, G Edward Griffin - How did the Federal Reserve come to exist?
- https://www.goodreads.com/book/show/52950915-die-with-zero Not related in any way to the author, but I find the book great and it answer all of the common issues
- Folks might be inspired by reading Die with Zero - I sure was.
