If you’ve wondered how to retire early, you’ve probably heard of today’s guest. The FIRE movement has its own celebrities, and none of them is more prominent than Mr. Money Mustache, the OG of the early retirement movement. Money Mustache is here today to answer all of these questions and more. Money Mustache didn’t retire because he was making so much money from his blog. He had actually been retired for six years before he started writing. The blog was born when he looked around at his friends who had good jobs but were still living paycheck to paycheck. They bought into what has long been sold as the American Dream go to college, get a job, buy a house, fill that house with as much stuff as it can hold (and when it can’t hold anymore, rent a storage unit), have some kids, and get stuck in an unfulfilling job, dreaming of freedom that will always be out of reach. But what if you could be retired by thirty? Retire, maybe at 65 if you’re lucky, and live out your days, just kind of existing, hoping your money will outlast you. Why is not spending so hard? It’s largely cultural. We believe it’s reasonable to borrow money for a car, to consider shopping a hobby, to order takeout every single day for lunch at work. We think it’s normal because that’s all we see. ![]() There aren’t any frugal people represented in the media unless you count those coupon shows but those people aren’t the norm any more than a Kardashian is a norm.īut just because everyone is doing it, doesn’t mean it’s the right thing to do or that you have to do it too. MMM started the blog out of frustration he wanted to show them, and now us, that they could do what he did. There are certainly some sacrifices involved if you want to achieve early retirement, but actually doing it isn’t particularly complicated. ![]() ![]() The American education system doesn’t do much to address personal finance. And if your parents didn’t teach you good financial habits, you’ll have to do some learning on your own. Give personal finance a regular place in your day to day life.
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