Your Money Or Your Life discussion thread starting in one week!

[catherine]

September 15 is the target date for beginning discussion of YMOYL by Vicki Robin and Joe Dominguez. It's a classic, and I'm looking forward to hearing everyone's thoughts and experiences with it!

Here are the nuts and bolts:

• We'll discuss one chapter a week
• Please read the first chapter, "The Money Trap: The Old Road Map for Money" BY September 15
• I'll moderate, but by all means, let's keep it a free-flowing discussion!
• You don't have to buy the newer edition. Many of us have our old copies, and that will be fine.
• As you read the first chapter, jot down notes, or highlight passages that you think might make good points for discussion.
• Drop-ins welcome!

Let me know if you have any questions!

[freshstart]

thanks for setting this up and moderating

[Tybee]

indeed, this is such a great idea! thank you

[catherine]

thanks for setting this up and moderating

You're welcome

BTW: Feel free to do Step 1, which is part of Chapter 1. Of course, no one will be expected to share personal financial information, but I might ask what, if anything, you learned from that exercise.

In anticipation of this group, I started Step 1, where you tally up ALL the money that's come into your life. and then you do a basic asset/liability balance sheet. it's really pretty interesting, considering I have four decades of work life to add up. I relied on the annual SS statement that comes in the mail, and then I thought back to large gifts, inheritances, etc.

I did NOT include my husband's earnings, even though it was a big part of our household income. Maybe I should.

[Tybee]

I think that is a great question for discussion in the first week!

[rosarugosa]

I would love to join in. Currently trying to locate my copy; I think I loaned it out.

[jp1]

I've actually never owned a copy, just borrowed it from the library a couple of times. Just reserved it. I should have it by saturday so I can get started!

[greenclaire]

Thank you for getting this started. Have downloaded the kindle version and will get reading this weekend

[Zoe Girl]

I hope I have time to join in, I am going back to basics on some financial things but having an expensive month

[ToomuchStuff]

You're welcome

BTW: Feel free to do Step 1, which is part of Chapter 1. Of course, no one will be expected to share personal financial information, but I might ask what, if anything, you learned from that exercise.

In anticipation of this group, I started Step 1, where you tally up ALL the money that's come into your life. and then you do a basic asset/liability balance sheet. it's really pretty interesting, considering I have four decades of work life to add up. I relied on the annual SS statement that comes in the mail, and then I thought back to large gifts, inheritances, etc.

I did NOT include my husband's earnings, even though it was a big part of our household income. Maybe I should.

You were the one that emphasized ALL the money that comes into your life.
I am hoping to restart this book, but I have spent four days under the weather, and am now getting back up and running. (so running behind)