Die With Zero: Getting All You Can from Your Money and Your Life

Written by Bill Perkins

Narrated by Bill Perkins

A WALL STREET JOURNAL BESTSELLER

A Common-Sense Guide to Living Rich….Instead of Dying Rich

Imagine if by the time you died, you did everything you were told to. You worked hard, saved your money, and looked forward to financial freedom when you retired.
 
The only thing you wasted along the way was…your life.
 
Die with Zero presents a startling new and provocative philosophy as well as practical guide on how to get the most out of your money—and out of your life. It’s intended for those who place lifelong memorable experiences far ahead of simply making and accumulating money for one’s so-called Golden Years.
 
In short, Bill Perkins wants to rescue you from over-saving and under-living. Regardless of your age, Die with Zero will teach you Perkins’ plan for optimizing your life, stage by stage, so you’re fully engaged and enjoying what you’ve worked and saved for.
 
You’ll discover how to maximize your lifetime memorable moments with “experience bucketing,” how to convert your earnings into priceless memories by following your “net worth curve,” and find out how to navigate whether to invest in, or delay, a meaningful adventure based on your “spend curve” and “personal interest rate.”
 
Using his own life experiences as well as the inspiring stories and cautionary tales of others—and drawing on eye-opening insights about time, money, and happiness from psychological science and behavioral finance —Perkins makes a timely, convincing, and contrarian case for living large.

• Language: English
• Publisher: HarperAudio
• Release date: Jul 28, 2020
• ISBN: 9780358310365

Bill Perkins

Called the “Last Cowboy” of hedge funds by the Wall Street Journal, Bill Perkins is considered one of the most successful energy traders in history. He’s reported to have generated more than $1 billion for his previous firm during a five-year period.   After studying electrical engineering at the University of Iowa, Perkins trained on Wall Street and later moved to Houston, Texas, where he made a fortune as an energy trader.   At the age of 51, Perkins’s professional life includes work as a hedge fund manager with more than $120 million in assets, Hollywood film producer, high-stakes tournament poker player, and the resident “Indiana Jones” for several charities.   Perkins manages this via smartphone on his yacht in the U.S. Virgin Islands, while traveling the world with close friends and family.

Reviews for Die With Zero

[Mela Nie · Rating: 5 out of 5 stars]

Some Notes:
• Convert to Life Hours:
o Worth of each purchase vs. Hourly salary
o Calorie Count of Food vs Exercise Equivalent
• The Memory Dividend
o Investment: the payoff does not need to be financial
o Experiences yield dividend because we have memory
o Compound as you retell them over and over
• Dying with zero = your money (does not include the money for kids)
o Give to your children whatever you have allocated for them, before you die.
o Trust funds
• 50-30-20
o 50: Needs
o 30: Wants
o 20: Building your savings or paying down your debt
o Should change based on income and age; not optimal allocation based on your life energy
o The utility or usefulness of money declines with age. (does not start with birth – same with end of life)
o Think in terms of: Would I rather

[timothy.deatherage · Rating: 5 out of 5 stars]

A fantastic explanation of why we should not squander the best years of our lives and how fear is usually what’s holding us back from working less and enjoying more.

[Rick · Rating: 5 out of 5 stars]

It’s so fun to read a book that changes your whole paradigm. I can’t wait to go back & do many of the suggested calculations & decide how I want to change my life.

[James · Rating: 4 out of 5 stars]

Good audiobook, the time, money, health trade off is explained in detail and supports you to make the right life decisions.

[David Ward-Webster · Rating: 5 out of 5 stars]

Just read or listen to this book. It's an easy road to a better way of thinking.

[David · Rating: 4 out of 5 stars]

Changed a lot of my thinking, since I read/listened to this I have already bought our daughter a franchise from the company shed worked the longest since graduating

[Daryl Genesis Cruz · Rating: 5 out of 5 stars]

This book is eye opening. Everyone needs to read it.

[Junaid Khan · Rating: 4 out of 5 stars]

"Die With Zero" offers life-changing financial insights and actionable strategies. check this https://airblueflight.pk/

[Frederick Donnet · Rating: 5 out of 5 stars]

Great concept! Thanks for making us aware of it! And antertaining.

[Tash D · Rating: 5 out of 5 stars]

A fantastic new perspective on life and how to make the most of it while we still have it.
I loved this book very much and will recommend to everyone I know.

[Dabwitso Mweemba · Rating: 5 out of 5 stars]

This is just wanted i wanted to read, great insights which will surely go a long way

[scott kaiser · Rating: 5 out of 5 stars]

Definitely challenged my way of thinking which I appreciated!! I enjoyed the authors view on things and it has helped evolve my perspective!! If you’re a big saver, I recommend you read this!! It’ll make you think a little differently.

[glenda morris · Rating: 5 out of 5 stars]

I enjoyed this book and learned a lot it’s still not too late to make a move. I agree with all the suggestions and will apply to my life

[Jeroel Maranan · Rating: 5 out of 5 stars]

One of the best books about living your best life.

[christine arinaitwe · Rating: 5 out of 5 stars]

What a well written book. I connected and rhymed with the examples of the author.

[dingxu · Rating: 2 out of 5 stars]

This book is a mid life crisis project for the author who has some money, but wanted to tell you how to live your life. Not recommended.

[Hey Ma S · Rating: 5 out of 5 stars]

The book is very inspiring and makes you take a hard look at your own life and what you are doing.... highly recommend it to anyone who thinks either way.... read it with an open mind and have someone to discuss the book with for best experience...

[MilvydėJuškaitė · Rating: 2 out of 5 stars]

I don’t know who the book is for… it’s all common sense , unless all you ave done with your life is work. That’s what it’s about, not much scientific backing, just his experience and advice. The idea “die with zero” is good, but the whole book is painful to listen to.

[Anne Reaver · Rating: 5 out of 5 stars]

Good for folks who can't spend what they saved! Stop saving your money for your kids. You worked hard enjoy your money with the kids. Make memories stop giving stuff that ends up in the trash or goodwill.

[brewbooks · Rating: 5 out of 5 stars]

This book helped me think deeply about the balance of time, health and money. The answer will be different for everyone but all should reflect on their desired balance. A suggestion would be to read Chapter 6: Balance Your Life. Bill Perkins provides a series of rules for each chapter; my favorite rule" "Don't live your life on autopilot."

[writemoves · Rating: 3 out of 5 stars]

To be honest, I did not follow the author’s advice. I tried to save all the money I could when I was younger so I forgoed taking any trips. I could have been bolder and more adventurous when I was younger.

Perkins points out lost opportunities for travel and other life experiences because when we were younger, we focused on our jobs and saving money.

Ideally, I’d like Chris and I to die with $0 in the bank. But I have no idea how long either of us on this earth. I do agree that we should spend some money on travel while the both of us are still healthy and can walk. As the author points out, when we move from go-go to slow go, we won’t have the inclination or incentive to spend money.

The author does present some financial advice but I think his biggest contribution is making us think about the big picture----balancing our health, wealth and time to enjoy a good life.