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0 pointsnickjj1y ago0 comments

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.

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brucedawson1y ago

"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"

nickjjOP1y ago

Thanks, I haven't heard of "Die Broke".

> "Die Broke" is similar. I read it ten years ago and it completely changed my attitude towards money.

One point "Die With Zero" makes within the first chapter or so is valuing experiences early on because experiences gain value over time, sort of like memory dividends. That is something I never thought about in that context but it goes a lot further than that too. An experience you have may shape you as a person. If you hoard your savings like a dragon until you're 60+ then you're missing out on decades of potential situations that can have a huge impact on your life.

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