"Your Money or Your Life" is a personal finance book written by Vicki Robin and Joe Dominguez. The book was first published in 1992 and has been revised and updated over the years. It is known for its holistic approach to money management, encouraging readers to consider the connection between their values, life energy, and financial choices.

Key concepts and principles from "Your Money or Your Life" include:

Life Energy: The authors introduce the concept of "life energy" as the true cost of goods and services. Instead of just looking at the monetary cost, they encourage readers to consider how many hours of their life energy (time spent working) a particular purchase represents.
Financial Independence: The book emphasizes the goal of achieving financial independence, where individuals have enough passive income to cover their expenses. The authors advocate for breaking free from the cycle of consumerism and working for a paycheck by building assets that generate income.
Tracking Expenses: The importance of tracking and categorizing every expense is highlighted. By meticulously recording and analyzing spending habits, readers can gain a clearer understanding of where their money is going.
Savings and Investments: "Your Money or Your Life" encourages readers to prioritize saving and investing. The goal is to gradually build a portfolio that can generate passive income, contributing to financial independence.
Simplifying Lifestyle: The book promotes the idea of simplifying one's lifestyle and reducing unnecessary expenses. This includes questioning the need for certain possessions and focusing on what truly brings joy and fulfillment.
Mindful Spending: The concept of "conscious spending" is introduced, urging readers to align their spending with their values. The book encourages individuals to consider the impact of their purchases on their overall well-being and satisfaction.
Work and Fulfillment: The authors explore the relationship between work and fulfillment, challenging the traditional notion of working solely for a paycheck. They advocate for finding purpose and satisfaction in both work and leisure activities.

"Your Money or Your Life" has been praised for its transformative approach to personal finance, helping readers reevaluate their relationship with money and make intentional choices that align with their values. The book offers a step-by-step program to guide individuals toward financial independence and a more meaningful life.