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Die With Zero: Getting All You Can from Your Money and Your Life by Bill Perkins Kindle Highlights
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| Your Kindle Notes For: | |
| Die With Zero: Getting All You Can from Your Money and Your Life | |
| Bill Perkins | |
| Last accessed on Sunday January 15, 2023 | |
| 23 Highlight(s) | 0 Note(s) | |
| Page: 3 | |
| What’s the best way to allocate our life energy before we die? | |
| Page: 4 | |
| Although we all have at least the potential to make more money in the future, we can never go back and recapture time that is now gone. So it makes no sense to let opportunities pass us by for fear of squandering our money. Squandering our lives should be a much greater worry. | |
| Page: 5 | |
| What I am an advocate for is deciding what makes you happy and then converting your money into the experiences you choose. | |
| Page: 9 | |
| consumption smoothing. | |
| Page: 11 | |
| The book contended that your money represents life energy. Life energy is all the hours that you’re alive to do things—and whenever you work, you spend some of that finite life energy. | |
| Page: 13 | |
| Many psychological studies have shown that spending money on experiences makes us happier than spending money on things. | |
| Page: 13 | |
| how do you maximize the value of your experiences in order to make the most out of your one life? | |
| Page: 18 | |
| Start actively thinking about the life experiences you’d like to have, and the number of times you’d like to have them. The experiences can be large or small, free or costly, charitable or hedonistic. But think about what you really want out of this life in terms of meaningful and memorable experiences. | |
| Page: 22 | |
| The main idea here is that your life is the sum of your experiences. This just means that everything you do in life—all the daily, weekly, monthly, annual, and once-in-a-lifetime experiences you have—adds up to who you are. | |
| Page: 22 | |
| “The business of life is the acquisition of memories. In the end that’s all there is.” | |
| Page: 23 | |
| That was when I realized that you retire on your memories. | |
| Page: 70 | |
| We are solving for your total life enjoyment. | |
| Page: 70 | |
| Make “maximize total life enjoyment” your mantra, | |
| Page: 72 | |
| They gave up years of their life while healthy and vibrant to buy a few extra weeks of life when they are sick and immobile. | |
| Page: 74 | |
| using an app called Final Countdown that counts down the days (and years, months, weeks, | |
| Page: 85 | |
| buy long-term care insurance, which costs far less than self-insuring by saving massive amounts of money for a crisis that may never come. | |
| Page: 118 | |
| Too many people are making the mistake of investing in their future well past the point when those investments will ever pay off in ways that increase their overall lifetime fulfillment. | |
| Page: 130 | |
| Would I rather have one trip now, or two such trips x years from now? | |
| Page: 141 | |
| more enjoyment out of whatever they did on a daily basis, the mere act of deliberately thinking about their time as limited definitely helped. | |
| Page: 141 | |
| Being aware that your time is limited can clearly motivate you to make the most of the time you do have. | |
| Page: 174 | |
| every dollar you don’t spend at the right time will have far less value to you later, and in some cases it will bring you no enjoyment at all. | |
| Page: 188 | |
| Your biggest fear ought to be wasting your life and time, not Am I going to have x number of dollars when I’m 80? |
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