Book 13 of 52: Your Money or Your Life by Vicki Robin and Joe Dominguez


Give me a topic that I think can transform my life, include some easy to follow steps and some real-life success stories and I am anybody’s. I don’t care who you are, this book has all three and it ranks right up there as one of the most influential pieces of literature I have ever read. If you want to transform your life then you need to have your financial house in order and this book addresses just that

In my last blog post The Pick of The Week: Debt and Divorce I told you that debt had been dominating my thoughts and this book is the reason why. I have been in debt all of my life but when I created my 2012 goals one of them was to become debt free. During my quarterly goals review I wrote this:

Create a debt free 2012

In order to remain debt free I needed a financial plan. I needed clarity of income and expenditure so I knew how much I had to spend each month and in what areas. I created the plan at the beginning of the year and so far it has been a huge success. I have been debt free for the first three-months of the year, although I still have some work to do with respect to my spending habits.

On Target / Off Target = On Target!

Please read the sentence highlighted in red once more. Do you remember how I advocated the need to investigate and identify root cause when I wrote the blog post The Five Whys? Well this is a classic case of not practicing what I preach. Before I became debt free the root cause of my debt problem was me, or more distinctly my spending habits. No amount of financial planning matters if you do not change the root cause. In order to change my financial situation I had to change my behaviours and the way I approached money. When I recently found my current account to be £1,400 overdrawn I panicked. During my check-in with my girlfriend she told me about a great website called Man vs Debt. I went on there to have a look around and found a blog post called 24 Quick Actions You Can Do Today That Can Change Your Financial Life Forever. In Action 19, Man vs Debt creator Adam Baker, listed his top three financial books that have helped him achieve a debt free lifestyle and so I bought all three of them.

The book is a way of life for thousands of people worldwide. It is an institution on how to change your behaviour and let your money worries float away. I have decided to personally complete the nine steps that are contained within the book and share my progress with you. I will accomplish this by writing nine separate blog posts in the form of a series. These nine blog posts will be based on my own personal financial situation as I take the nine step program. I hope through my honesty and transparency that readers will be inspired to make the same changes I do.

Have you found your way through a mire of debt? If so what plan did you follow?


  1. Jackie O'Carroll says:

    Hi Lee
    Yet another very honest and insightful blog. there are not many people willing to share their issues about money, and especially debt. I have so much admiration for you – what an amazing journey you are on! MIne is less dramatic (maybe…) but so glad to be on it and discovering so much about having a different life.
    Keep on with the honesty – it’s the only way to go!
    Jackie x

    • Lee Davy says:

      Hi Jackie,

      Like I said in my review of the book: real life stories are what I like. There is a lot of advice out there about how to create a blog and amidst that advice is a warning to try not to write about yourself, but we know that people like a good old real life story. I am so glad that you understand what I am trying to achieve here. I am telling my story whilst giving people tips and inspiration to make changes themselves. These types of comments make me so happy and I thank you for that.



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