Joe Dominguez, a former Wall Street stock-market analyst who quit the rat race and co-wrote the best seller "Your Money or Your Life," a bible of the living-simply movement, has died at age 58.
Mr. Dominguez died last Saturday, Jan. 11, at his Seattle home of lymphoma, said Evy McDonald, director of research and education at the New Road Map Foundation, the group that receives royalties from Mr. Dominguez's work and strives to reduce consumer consumption.
Mr. Dominguez was born in New York City in 1938, attended Bronx High School of Science and City College of New York. In 1969, he had a sufficient nest egg to quit his paid employment.
"Your Money or Your Life," with co-author Vicki Robin, was published in 1992 and outlined a nine-step program for changing attitudes about earning and spending money. The book has sold more than half-a-million copies in English, has been translated into Dutch and soon will be available in German, Spanish and French.
"Buying yourself into debt is not an addiction. It is a socially condoned behavior pattern," Mr. Dominguez said in a December interview. "If we say we are all addicted to spending, it's a cop-out."
At the time of his death, Mr. Dominguez was living on about $6,000 a year.
Royalties from the book and from a subsequent seminar and cassette-workbook course go to the New Road Map Foundation.
Mr. Dominguez was not married and had no surviving relatives, McDonald said. He will be cremated, with at least part of his ashes scattered in the California desert.
A memorial service is planned Feb. 5 at 7 p.m. at University Unitarian Church, 6556 35th Ave. N.E., Seattle.