Bill Perkins Die With Zero - Book Summary & Insights
Listen to the full audiobook summary - https://instaread.co/insights/self-he...
Many people work hard to build a fortune that they never get to spend and die with too much money left behind. In Die With Zero (2020), entrepreneur Bill Perkins offers a new approach. Perkins argues that you should live your life to the fullest, making money and spending most or even all of it before you die. You should invest in life’s real currency: peak experiences that stay with you until your deathbed. Perkins offers both a philosophy and a guide to implement it.
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’s 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 “time-bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and how to navigate decisions about whether to invest in, or delay, a meaningful adventure with your “fulfillment 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.
Timestamps-
00:26 Money and Experience
01:01 Experiential Income
01:36 Spending Your Earned Money
02:06 Life Expectancy and Money
02:34 Your Kids' Inheritance
03:03 Balance Your Life
03:29 Creating Time Buckets
03:58 Net Worth Peak
04:31 Taking Risks
Bill Perkins Die With Zero - Book Summary & Insights
#booksummary #personalfinance #books #instaread #education