In the ongoing debate over early retirement, frugality, investing, and simple living, one point is often brought up by our detractors. It usually goes something like this: Well, maybe spending less and investing more works for you, but if everybody did... Continue Reading
As anyone who has read more than a few MMM articles has learned, the key to becoming rich is living an efficient lifestyle. When it comes to your choice of car, this means making sure you choose one that is optimized... Continue Reading
I'm not going to lie to you - being wealthy is a lot of fun. And I'm not just talking about novelty fun that you get from driving around in a fancy car. True wealth is more of a big picture thing... Continue Reading
A few weeks ago, I got a really interesting email from a guy in Norway that said something like, "Hey Mr. MM.. What you are preaching is Pure Stoicism, with a great twist and perception on today's world ... I love... Continue Reading
It has been a good while since we’ve done a reader case study here on MMM, but that hasn’t stopped them from arriving in my inbox. And since 2022 is becoming a year of interesting financial changes, it’s time to spark things up again, go back to our roots, and start covering some of the…
To most of the Internet, Mr. Money Mustache is known as the quirky early retirement financial guy, and this is a blog about Money. But really, I’m not a finance guy – someone who devotes most of his time to optimizing money. I’m more of a general Life Engineer – someone who tries to optimize…
So it looks like my 15-year-old is officially a high-school dropout. Halfway through ninth grade, emboldened perhaps by the taste of freedom that Covid-era remote learning had provided, he realized that the whole system was just too slow and inefficient for him, and was “Getting in the way of his work.” So as it looks…
Way back in the olden days, people used to be amazed at my life story. I was “The Man Who Retired at 30”, and it was so unusual that it would show up in news headlines all over the place. Thankfully, this is no longer such a surprising story. The idea of financial independence has…
Since the Dawn of Mustachianism in 2011, the same question has come up over and over again: And in these nine years since then, the movement towards socially responsible investing has only grown. Public pension funds have started to “divest” from oil company stocks, and various social issues like human rights, child labor, climate change…
Foreword from Mr. Money Mustache : Marla is a long-time friend who I met on one the very first of the Ecuador Chautauqua trips. Since then, she has served as the Chancellor of Fun in the MMM organization, which is an informal and haphazard group of entirely volunteer planners who sometimes create interesting events. Marla…
Join the Mad Fientist, Mr. Money Mustache, Paula Pant from Afford Anything, and Doug Nordman from The Military Guide for a live Q&A from Camp Mustache!
Join over 100,000 others on the Mad Fientist email list and get a PDF packed with all the best advice I've received on the Financial Independence Podcast!
Money Mustache is the alias of a forty-one-year-old Canadian expatriate named Peter Adeney, who made or, more to the point, saved enough money in his twenties, working as a software engineer, to retire at age thirty. We’re not talking millions.
He retired in late 2005, with six hundred thousand dollars in investments, and a paid-off house worth two hundred thousand. He figured he could rely, conservatively, on a return of four per cent per year. He had determined that the family could live on twenty-four thousand a year in expenses.
Mustaches are for bankers and gunslingers and Magnum, P.I.” Adeney had a modest handlebar when I visited. “It’s Movember,” he said. He recalled a math teacher from eleventh grade, named Mr. Vail: “You could see his mustache from behind, when he was at the blackboard.”.