Five Cents Ten Cents

Financial freedom, one realistic step at a time.

Making a living and making a dying


When I was reading “Your Money or Your Life”, the authors Joe Dominguez and Vicki Robin connected with me when they talked about whether we are making a living or making a dying in our lives chasing after the rat race.

This was quite profound because I never really thought about life in that way. For some time I’ve always felt that money and going after material achievements couldn’t be the be-all and end-all of life. Why did I feel that way? Continue reading

Your Money or Your Life – Panzer’s Book Review Part 8

This entry is part 8 of 8 in the series Your Money or Your Life

Posted: 26 Jun 2008 07:38 AM CDT

Banknotes from all around the World donated by visitors to the British Museum, London Image via Wikipedia

You have come to the penultimate step in the 9 step program towards achieving financial integrity, intelligence and more importantly, financial independence. What does all these FI words mean? Continue reading

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Your Money or Your Life – Panzer’s Book Review Part 6

This entry is part 6 of 8 in the series Your Money or Your Life

Posted: 22 Jun 2008 09:19 PM CDT

Now more than ever, as I delve deeper into the bookYour Money or Your Life” written by Joe Dominguez and Vicki Robin I feel that it is really a worth-while book to read and to be part of your own personal collection of personal finance “classics” that should line your bookshelf. Dominguez and Robin exhorts all of us in step 7 as follows:

Step 7: Valuing Your Life Energy — Maximizing Income Continue reading

Your Money or Your Life – Panzer’s Book Review Part 5

This entry is part 5 of 8 in the series Your Money or Your Life

Posted: 15 Jun 2008 08:14 PM CDT

Welcome and congratulations on making it to part 5 of Panzer’s book review of “Your Money or Your Life”. Many less committed readers would have dropped out by now because the 9 step program is methodical, systematic and requires effort on your part to put into practice all the 9 steps in this program that helps you achieve financial intelligence, financial integrity and financial independence. Continue reading

Your Money or Your Life – Panzer’s Book Review Part 4

This entry is part 4 of 8 in the series Your Money or Your Life

Posted: 11 Jun 2008 10:00 PM CDT

What Else Is There Image by Charlyn W via Flickr

What has been covered so far

Let’s recap what we learnt from the book “Your Money or Your Life” from the first 3 parts that relate to the first three chapters:

Step 1: Making Peace with the Past

a) How much have you earned in your life – tracking lifetime income earned

b) What have you got to show for it – coming up with your personal net worth

Continue reading