Mr Money Mustache never said that he was aiming his advice at people who earn $23,000 a year. He has been pretty up front about the fact that his advice was towards people making a good salary. Now, he might be trying to convince them that they can live on a "spend" of $23,000 a year AND SAVE THE REST. But obviously that is a very different thing than earning $23,000 and spending all of it! To the very low earners, his usual suggestion is "earn more". |
This is pretty amazing. The first few pages complain about MMM being a 1%er. However, if you actually read the blog, that didn't happen until several years after "retirement." Everyone wants to dismiss this as impossible, but it still comes down to spending less (way less than you make). I think he sold out at the end and his most recent posts are garbage, but ultimately, the blog is about living your best life and trying to be happy with what you have. Getting wrapped up in the numbers is silly. The point is that we have so much in America. Go to a "3rd" world country and see people in real poverty and you might learn to appreciate how little you need to live. |
You know it's not a "passive" income stream right? It's a real job that requires daily, probably full time, work. Passive means you don't have to do anything to earn the money. You just let your principal grow and do all the work for you. |
If you think the lifestyle described on that blog is "living your best life," we really have no common basis for a conversation. Is it possible? Sure. Is it the "best" of anything? No. Not for me, at least. |
Guy is in the entertainiment business and he laughs all the way to the bAnk along w rich dad poor dad, groping tony Robbins, suze Roman and the rest.
If you get pearls of wisdom great but otherwise you will be disappointed if you put any of them on a pedestal. |
Other great bs man is Tim four hour work week Ferris. If you can be an effective entertainer you can live like him, too. |
He got divorced recently.
If my spouse was that frugal, I would find him hard to live with. No driving to the grocery store? Deal breaker. No meals out? Deal breaker I admire his committment. And he showed me how to cut some of the fat out of my budget and enjoy free things more even when i don't have to. But his whole deal seems like it would be toxic to a serious relationship. |
OK, I don't follow this guy but....he didn't drive to the grocery store? What? |
Bikes. He’s into bikes. He’s cheap AF. |
Mrs Money Mustache left him?!?! |
No. He left her |
He filed and left but it sounds like she’s the one who emotionally left the marriage first. |
What, really? How do you do a grocery run for a family on a bike? That is not an efficient use of your time, and time = money. |
I wonder how much she walked away with?! Or rode away with on her bike |
He doesn't work, so his time isn't that valuable. I liked his cost comparisons between grocery store prices and Costco prices. |