5 personal finance lessons from international bestseller ‘Die with Zero’ by Bill Perkins

In Die with Zero, Bill Perkins encourages people to spend purposefully on experiences that create lasting memories. He recommends planning activities for the right stages of life, giving money when loved ones can use it.

Most of us learn to save as much money as possible. Bill Perkins offers a different view in ‘Die with Zero’. The American hedge fund manager says money should help us enjoy meaningful experiences. A large bank balance at death can mean missed chances to live fully.

Treat money as a tool

A bigger bank balance should not become your only goal. Perkins says money should support a full and happy life. Think about the experiences you want, then spend time with that purpose.

He also questions working for too many years. Extra earnings may buy things you do not need. You cannot get those years of your life back.

Build memories early

Good experiences keep giving you happiness through memories. Bill Perkins calls these benefits “memory dividends”. A family holiday or concert can leave stories you share for years. Such memories can also bring you closer to loved ones.

An experience enjoyed earlier gives you more years to remember it. Perkins encourages readers to build memories while they can enjoy them. Think about a trip that still makes you smile today.

Match experiences to your age

Some activities are easier at certain stages of life. Trekking, for example, is easier at thirty than at eighty. Health and energy can decline as you grow older.