BiggerPockets Money Podcast

98: Change Your Money Mindset, Change Your Life with Vicki Robin

2019-11-11

You know Vicki Robin as the author of Your Money or Your Life, but on today’s show, we dive MUCH deeper into her story and her background. Growing up without a lot of money, she learned how to use her resources to appear as though she had more. With limited funds, her mother taught her that she could use them all at once on one thing, or she could stretch them further by shopping at a discount store.Vicki carried these lessons through her adult life, moving into homesteading and while, technically living under the poverty line, she never f...

You know Vicki Robin as the author of Your Money or Your Life, but on today’s show, we dive MUCH deeper into her story and her background. Growing up without a lot of money, she learned how to use her resources to appear as though she had more. With limited funds, her mother taught her that she could use them all at once on one thing, or she could stretch them further by shopping at a discount store.

Vicki carried these lessons through her adult life, moving into homesteading and while, technically living under the poverty line, she never felt the pinch of not having all the trappings of the modern world.

In fact, it wasn’t until she met Joe Dominguez, learned the foundation of what would later become Your Money or Your Life, and started teaching others about how to handle their finances that she realized that the gap between what she had and what others had was quite vast.

She knew she had to appear prosperous, so people wouldn’t reject her message simply by her appearance.

Her message has reached more than one million people, and has changed the lives and financial futures of countless more.

Vicki herself has been able to focus on her passion - environmental issues - and has the freedom to pursue her passions due to her fully funded retirement at such an early age.

In This Episode We Cover:

Vicki's journey with money
On having a poverty mentality
On how to appear prosperous to other people
Survival thing for social animals
How the behaviours of her peers differed from hers
On working with Joe Dominguez
What her journey looks when she wrote the book, "Your Money or Your Life"
Her concern re climate change
Resource sharing
How the financial independence movement evolved
Capitalist game
The levels of financial independence
Freedom to have new interests and following them
Her advice on life circumstances
Vicki's living situation right now and how she used real estate
And SO much more!

Links:

Financial Independence - Reddit
Mr. Money Mustache
Mad Fientist
BiggerPockets Money Podcast 58: Optimizing Every Channel to Achieve Financial Freedom with Grant Sabatier
Millennial Money
Dollar Revolution
BiggerPockets Money Podcast 55: How to Quit Your Job and Travel the World with Millennial Revolution

Profiles: