You Only Live Once (book) explained

You Only Live Once: The Roadmap to Financial Wellness and a Purposeful Life
Author:Jason Vitug
Country:United States
Language:English
Genre:Self-help, personal finance, lifestyle, millennials
Publisher:John Wiley & Sons
Release Date:June 7, 2016
Media Type:Hardback
Pages:192
Isbn:978-1-119-26736-2
Congress:HG179.V5882016
Oclc:933273616

You Only Live Once: The Roadmap to Financial Wellness and a Purposeful Life is a 2016 book written by Jason Vitug. The book sets to redefine the YOLO mantra that has been used to define Generation Y or millennials, to set a mindset shift to cultivate a healthy and wealthy lifestyle for a lifetime. The book focuses on a three step process called ACT, an acronym for awareness, creating a plan, and taking control steps, outlined by the author. The books aim is to make readers define the life they want to live before setting financial goals.[1] You Only Live Once: The Roadmap to Financial Wellness and a Purposeful Life is written in a simple conversation tone based on Vitug's financial experiences and conversations with others

Summary

The book is based on Vitug's financial experiences and conversations with others about their money and life goals. It chronicles a road trip across the country in 2016 in which he traveled 10,218[2] miles promoting the idea of financial wellness. The focus of the book is to highlight financial wellness as a philosophy of achieving a balance between health and wealth. The main premise has been to make readers understand their values before setting financial goals and using a budgeting method that aligns to their values.

Among some of the book's topics are:

Vitug emphasis is on increasing awareness in money beliefs and changing financial behaviors that prevent people from achieving goals.

Reception

Praise and support

You Only Live Once: The Roadmap to Financial Wellness and a Purposeful Life has sold thousands of books and received overall positive reviews from critics. The book has been reviewed by The New York Times.[3] The Financial Post named the book as one of the Top 5 Best Books in Personal Finance and Economics in 2016,[4] and reviewed by PscyhCentral as "Overall, this is an easy read, particularly for a book about finances. Some of the ideas and concepts do seem a bit simplistic and idealistic, but there is plenty of straightforward, reasonable advice to make it a worthwhile book."[5]

Bibliography

External links

Notes and References

  1. Web site: Brown. Paul. Personal Finance Book for Millennials Advises Starting With Lifestyle Goals. The New York Times. 15 July 2016.
  2. Web site: Vitug. Jason. I spent the summer talking to 8,000 people about money, and here are the 11 best pieces of financial advice I can give you. Business Insider. Business Insider. 21 September 2015.
  3. News: Brown. Paul. Personal Finance Book for Millennials Advises Starting With Lifestyle Goals. 15 July 2016. The New York Times. July 15, 2016.
  4. Web site: Allentuck. Andrew. Here's a look back at some of the best personal finance and economics books of 2016. Financial Post. Financial Post. 16 December 2016.
  5. Web site: Riddle. Megan. Book Review: You Only Live Once. PscyhCentral. PsychCentral.com.