Your Money or Your Life

August 31, 1992
Based on their West Coast self-help seminars, Dominguez and Robin here map a route to financial security through a relaxed, prudent and environmentally-friendly way of life. Systemically analyzing one's overspending, as in the case histories cited, and calculating the ``life-energy'' cost (time, expenses, stress) of a competitive career, the authors maintain, can lead to reduced occupational expectations and to surprisingly large economies effected by pre-pricing food, clothing, transportation, loan rates, heath care and so on. Resulting surpluses, invested in Treasury bonds, will yield compound income eventually covering the reduced expenses. This ``crossover point'' brings financial independence, according to the authors, and freedom to choose one's work for greater personal satisfaction and the ``commonweal.'' Some readers may be put off by the finicky detail and intense tone of the course, but few will fail to find here new insight and encouragement.