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You Only Live Once
Book

You Only Live Once

The Roadmap to Financial Wellness and a Purposeful Life

Wiley, 2016 more...


Editorial Rating

8

Qualities

  • Applicable
  • Background
  • For Beginners

Recommendation

Members of the millennial generation – painting the group with a broad brush – embrace a way of life often called “YOLO,” for “You only live once.” Yet each millennial needs to find a way, as an individual, to build a personal life based on mindfulness and vision in order to live productively and with satisfaction. Learning how to manage your money can dramatically alter how and where you will lead your life. In this manual, Jason Vitug, founder of the Phroogal website, simply and effectively explains why understanding financial management is important and how it provides safeguards against blunders that might otherwise keep young professionals from having the lives they want. Vitug’s financial wisdom is both practicable and necessary because, unfortunately, most universities teach their students more about geometry than finance. While never giving financial advice, getAbstract recommends Vitug’s guidance to millennials and anyone else who wants to understand the basics of managing money and their lives.

Take-Aways

  • Millennials embrace a way of life called “YOLO” – “You only live once.” They prefer living life to the fullest and not worrying about money.
  • YOLO can explain why they would rather do things than own things and why they sometimes make unsound financial decisions.
  • Simple guidelines can help you achieve a solid financial footing. Start by buying what you love or need, not what you like or want.

About the Author

Jason Vitug’s Phroogal website encourages millennials to learn about finances and actively promotes the Smile Lifestyle community of thousands of millennials concerned about their financial well-being. He spent prior eight years working at a Silicon Valley credit union.


Comment on this summary or Start Discussion

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    K. L. 7 years ago
    Very helpful and worth the time to read.
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    T. B. 7 years ago
    it worths to read
  • Avatar
    M. C. 7 years ago
    good information