This post may contain affiliate links. See disclosure page for details.
*Full Disclosure* I was compensated to help Jordan organize and promote this book. However, this review will be as unbiased as I can consciously make it and am not being compensated for this review (unless you purchase the book through my Amazon affiliate link. Jordan is not compensating me to write this review).
The book breaks down the common and uncommon themes on the path to financial independence. It lays out the internal framework to enjoy the purpose(s) of reaching financial independence for everyone. The book is a must-read for everyone from college students to those already at traditional retirement age. Jordan understands the shift in the Financial Independence Retire Early movement toward lifestyle design and this book will be a recommended read for those to find their Why of FI.
The Power of Storytelling
There are several stories throughout the book. Often showing contrary points of view. The beginning story starts with the main theme of the book. Are you more worried about not having enough time or not having enough money? This theme is prevalent throughout the book.
Several other stores allude to other themes in the book.
- One More Year Syndrome
- Purpose, Identity, & Connection
- The Art of Subtraction
- Internal Vs. External Motivation
- Unexpected Death
- You Only Live Once
- Retire To Something, Not From Something
- Risk vs. Reward
- Time & Compounding
The Money Part
Only a small section at the end talks about money and managing money. For a personal finance book that doesn’t make much sense. But does it? This isn’t a personal finance book. This is a book about life and how money ties into it.
Although death seems to be the main point, the core of the book is about life. About how to make the most of life, using your money. Knowing how to use your money to find your purpose, identity, and connection.
There are more than just money investments you need to make on your path to financial independence. You need to make investments in:
- Your Physical & Mental Health
- Other People
The Bottom Line
The book is a great read whether you are just starting your financial independence journey, or have been financially independent for years. The book helps you take a deeper look inside yourself and understand your Why of FI.
Favorite Quotes from the book:
So why do we wait for the diagnosis of a terminal illness to conduct such an important activity? What if we dared to do a life review now, well before the end is within sight?
That day, he compared money to oxygen. If you have enough, it doesn’t affect your life all that much. But if you don’t have enough, good luck thinking about anything else!”Jim Dahle, The White Coat Investor
Only when our basic economic needs are met do we have the luxury to say that “money doesn’t matter”.
Slow FI involves using the incremental financial freedom that individual gains along the journey to financial independence to live a happier and healthier life, do better work, and build strong relationships.Jessica of the Fioneers
What If I Die Before I Give Myself the Chance to Try?
Get your copy of Taking Stock today.