You Only Live Once

Preface ix
Acknowledgments xv
About the Author xix
Introduction 1
Part I On the Road to Financial Wellness 5
Chapter 1 Are You Living YOLO? 7
The Millennial Experience 7
The YOLO Mindset 8
Chapter 2 Financial Education and Living Your Dream Lifestyle 11
What Is Financial Education? 13
The ACT Process 14
Part II Awareness 15
Chapter 3 Know Where You're Starting From 17
Your Money Mindset 18
What Is Your Relationship with Money? 19
How Is Your Spending Contributing to Your Life? 20
How Are You Using Your Time? 22
Cultivate a Wealthy Money Mindset 23
Chapter 4 Know Where You Want to Go 31
Clarify Your Values 32
Have a Vision for Your Life 35
Follow a Money Philosophy 38
Chapter 5 Getting What You Want 41
Change Your Financial Behaviors and Habits 41
The Habit of Spending 42
The Habit of Saving 43
Get in the Know 45
Part III Creating a Plan 63
Chapter 6 Building a Lifestyle Budget and Spending Plan 67
Dealing with Your Fear of Lifestyle Change 70
Living the YOLO Lifestyle 74
The YOLO Budget 77
Chapter 7 Using the Purposeful Money Strategy to Spend and Save 97
Dual Checking Accounts Method 98
The Purposeful Savings Method 101
Chapter 8 Improving Credit Use and Eliminating Debt Forever 111
Credit Card Debt 115
Using the Debt Avalanche Method 117
Using the Debt Snowball Method 118
Part IV Taking Control 121
Chapter 9 Creating a Purposeful Life 123
Finding Happiness 124
Increasing Your Awareness 126
Organizing Your Finances 128
Managing Your Time 130
Having Better Conversations 132
Improving Financial Relationships 134
Chapter 10 Spending Rules 137
Spending Mindfully 138
Spend Less Than You Earn 139
Pay Less for Every Purchase 139
Spend on Loves, Not Likes 140
Use Credit Purposefully 142
Chapter 11 Living Mindfully 145
Building Your Freedom Fund 146
Don't Quit Your Job 148
Traveling the World 151
Lending Money to Family and Friends 152
Making Money with Money: Investing 153
Protecting Your Legacy: Insurance 155
Finding an Expert 156
Conclusion 159
Index 161