In the 1970s, a woman named Vicki Robin teamed up with a man named Joe Dominguez.
They came from different backgrounds: she was an Ivy League graduate with a comfortable upbringing; he was raised in Spanish Harlem on “welfare cheese”.
But they shared one common thread: a commitment to financial independence, not just as a money management strategy, but as a philosophy on life.
Vicki and Joe became partners in both work and life. They united over a definition of “FI” that expanded beyond paying your bills through your savings and investments. They saw FI as a lifestyle that exists in three dimensions:
1: Financial Intelligence — Your ability to think about money in an objective, unbiased and non-emotional manner.
2: Financial Integrity — Your ability to earn and spend in a manner consistent with your values, and to stay aware of the impact of your earning/spending choices on yourself, your family and your planet.
3: Financial Independence — Your ability to break the shackles of paycheck dependence, and also your ability to declare independence from limiting beliefs, fears, and the perception that money will solve your problems.
In 1992, Vicki and Joe co-authored a book called “Your Money or Your Life”, outlining the FI philosophy. Their book became a mega-bestseller, selling more […]