How to Get Richer Without Getting a Raise


Live the life you want without working all the time. That's the message of Tim Ferriss -- entrepreneur, angel investor, public speaker and author of several bestselling books, including "The 4-Hour Workweek." And it's helped him achieve massive success. Tim Ferriss is a finalist in GOBankingRates' 2015 "Best Money Expert" competition held in collaboration with Ally Bank. As part of the competition, we asked top finance experts to share their best money tips for 2016. The advice Ferriss offered gets to the heart of his message about living the life you want: The lifestyle value of each dollar you have is determined by your control of two other currencies: time and mobility. According to Ferriss, time and mobility are the currency of what he calls the New Rich. The New Rich are people he says use these currencies to take control of their lives to escape 40-hour workweeks without sacrificing their lifestyles. Here's how you can live a life of luxury without working yourself to death.