{"id":324,"date":"2022-08-16T12:15:21","date_gmt":"2022-08-16T12:15:21","guid":{"rendered":"https:\/\/aliabdaalltd.wpengine.com\/?post_type=book_summary&p=324"},"modified":"2023-02-21T14:24:29","modified_gmt":"2023-02-21T14:24:29","slug":"die-with-zero","status":"publish","type":"book_summary","link":"https:\/\/aliabdaal.com\/book-notes\/die-with-zero\/","title":{"rendered":"Die With Zero – Summary With Notes and Highlights"},"content":{"rendered":"

\ud83d\ude80 The Book in 3 Sentences<\/h1>\n
    \n
  1. Aim to have roughly $0 left in your bank account when you die \u2013 otherwise you\u2019ve saved too much.<\/li>\n
  2. Money is a resource that helps you live your best life \u2013 not an end in itself.<\/li>\n
  3. Invest in experiences when you\u2019re young, to get compounding returns on your memories.<\/li>\n<\/ol>\n

    \ud83c\udfa8 Impressions<\/h1>\n

    Die With Zero<\/em>\u00a0is a practical guide for getting the most out of your money, and your short time on earth. It helped me realise that money is only as valuable as the life experiences you buy with it. Spend your life obsessing about your bank balance, and you\u2019ve missed the point.<\/p>\n

    \ud83e\udded How I Discovered It<\/h2>\n

    The book came out mid-2020. I\u00a0think<\/em>\u00a0I came across it in my friend\u00a0Khe Hy\u2019s<\/a>\u00a0newsletter\u00a0Rad Reads<\/a>.<\/p>\n

    \ud83d\udc64 Who Should Read It?<\/h2>\n

    Die With Zero<\/em>\u00a0is definitely for people who have a decent income, some financial security, and have already looked into saving up. Also for young people planning their long-term future.<\/p>\n

    It doesn\u2019t apply to:<\/p>\n

    \ud83e\udd11\u00a0Big Spenders<\/strong>\u00a0– people who are a bit YOLO and spend\u00a0all<\/strong>\u00a0their money on fun stuff. If you\u2019re in this category, Bill would say: it\u2019s great that you\u2019re enjoying life. But you need to save up, to avoid a stressful retirement.<\/p>\n

    \u274c\u00a0People with no disposable income<\/strong>\u00a0– This book is definitely not aimed at people who are only making enough money to live on. If you\u2019re in this category, then by definition you need to spend your money right now just to survive, with almost nothing left over. Like Bill says: \u2018…people in poverty are probably already doing all they can to get the most out of their money and their life.\u2019 In that case, the book I\u2019d recommend is\u00a0The Millionaire Fast Lane<\/a>\u00a0by MJ DeMarco.<\/p>\n

    \u2618\ufe0f How the Book Changed Me<\/h1>\n