www. mrmoneymustache

[scaredyclassic]

pretty much everything human is BS. love, money, business, medicine, law, entertainment, pretty much everything in the realm of human affairs. layers of bs.

maybe farming isnt? not sure

[Anonymous]

Medicine ought not to be.
Rest all are unnecessary human constructs.

[sdsurfer]

[quote=scaredyclassic][quote=Escoguy]I’ve read some of Mr. MM from time to time.

What I like:
Agree that you should be able to get by with as little as possible. Maximize savings, minimize expense.

What puzzles me greatly:

What does a man who lives on 30K /year do with the revenue from advertising?

In this sense, the Zen lifestyle makes no sense. Either you are confident you don’t need the money and could say donate it to charity or there’s this little voice in the back of his head that says, perhaps I can’t keep this up forever and I will need more later.

Don’t think we’ll ever get the answer but for me, I do want to increase my standard of living gradually over time. Even if I can live on a small amount, it doesn’t mean I’ll always WANT to do it.

Live well[/quote]

yep.[/quote]
I get the Zen aspect with regards to the surplus, but I’m not sure if the 25-30k/year is necessarily the point. Maybe he’ll stick to it, but I’m pretty sure he’s going to increase his standard of living gradually over time just like you are….at least a little.

My gut says he uses the 25-30k number to eliminate all the “complainypants” out there that will right him off because they make less than the number and they get to use that as their first excuse why his methodology will not work for them. He’s overcoming that objection at the beginning so what he’s saying applies to more people when they make that much….or more and are NOT retired yet like he is.

He also defines retirement differently in my opinion. He still works he just does not have to. He helps friends with carpentry and things he enjoys or he chooses not to do it, which is something I think we can all appreciate. I believe he talks about retiring when his son was born because he wanted to spend more time with him and his family than working to provide for them and suddenly realized that if he could live on less then he could do it now vs. waiting until a later age when the kids are not there to hang out with anymore which is the norm.

I think he’s more about defining what it is to live well than to pick if you are going to or not based on what you make each year.

Live well….sooner in life and enjoy it.

Make it a great day!

[Anonymous]

I can almost believe the budget part. At least it is not possible to disprove, so no point in questioning it. $25K a year will cover basic food and shelter.

It’s the time that becomes the challenge. What do you do all day? And how do you not spend any money doing it?

Hobbies become a constant temptation to do more, spend more.

It would take a lot of discipline and a commitment to routine.

I’m not sure that he doesn’t have to work. It can be work forcing oneself not to enjoy things that are within reach.

[FlyerInHi]

$2000 net every month is a lot of money. People do it all the time.
That’s middle class in many parts of Europe where housing is expensive. You should scan the classified in the economist or other foreign publications. Salaries is USA are pretty high relative to cost of living (arguably not with child care, insurance and college)

[Author]

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