On a recent episode of the Back to Better Book Club podcast, podcast producer Abbey and I dove into a book that truly challenges conventional wisdom on wealth and financial planning: Die with Zero by Bill Perkins. The book redefines what it means to live a fulfilling life, encouraging readers to maximize life experiences rather than simply amass wealth. As someone who believes in living intentionally, this discussion was a game-changer.

Rethinking Wealth: A Tool for Experiences

One of the core takeaways from Die with Zero is that wealth should be seen as a tool, not the ultimate goal. It’s easy to fall into the trap of working tirelessly to save for the future, but what good is wealth if you miss out on creating meaningful moments along the way? Perkins argues that the true value of money lies in its ability to fund experiences that bring joy and build lasting memories.

As Abbey and I discussed, it’s not just about spending but spending wisely on experiences that will enrich your life and the lives of those you love.

Timing is Everything

A powerful concept in the book is the importance of timing, especially when it comes to giving. Perkins challenges the traditional idea of leaving inheritances after death, suggesting instead that we give while we’re alive. Giving financial gifts when loved ones can truly benefit from them—not decades later—can be far more impactful.

For instance, instead of waiting until you’re retired or at the end of your life to support a child’s dream, why not contribute now? These moments of generosity create immediate joy and shared experiences that will be cherished forever.

Invest in Memory Dividends

One of my favorite ideas from the book is the concept of “memory dividends.” When you invest in a meaningful experience—whether it’s a trip with family, a shared adventure with friends, or even a simple celebration—it pays off again and again as you recall those moments.

Abbey and I reflected on how these dividends can grow over time, enriching your life long after the initial experience has passed. This reinforces the importance of making those investments now, while the opportunity is there.

Living Like You’re Retired – Today

Why wait until you’re 65 to live like you’re retired? Perkins encourages readers to stop postponing joy and start living a fulfilling life now. Abbey and I shared personal stories about the mindset shift that comes with embracing this philosophy. It’s about intentionality—spending time with loved ones, pursuing passions, and making the most of every moment.

Seizing the Limited Window

Life is finite, and experiences have a limited window of opportunity. Whether it’s traveling while you’re physically able or creating traditions with your children while they’re young, the time to act is now. Waiting too long risks missing out entirely.

A Thoughtful Approach to Living Fully

Adopting the “Die with Zero” mentality doesn’t mean being reckless with your resources—it’s about thoughtful spending that prioritizes experiences over possessions. By living with intention, you can create a rich tapestry of memories that outlast any bank balance.

If you’ve been putting off that dream trip, waiting for “someday,” or holding back from giving generously, this is your reminder: someday starts today. Let’s make the most of the lives we’ve been given—right here, right now.