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Money and Finances
Reply to "Mr. Money Mustache may be frugal, but he's high income."
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[quote=Anonymous][quote=Anonymous] I used to get really interested in people who who FIRE until I ralize that almost all of them had some very cushy job (mostly software engineers) and then they could afford to save 70% of their income because they were making something like 150,000 or more a year. and you'll notice that while they're very open about how much they save their incredibly close lipped about how much they make from their jobs because that takes away the illusion that any person can save at some crazy rate and be able to save the money to retire early. [/quote] How many people do you know who earned $150,000 and retired by age 35 and just lived, frugally, off their investments? The key thing FIRE people do is NOT move to a larger house, buy a nicer car, send their kids to private school. They just save and save and save and then leave the $150,000 job for someone else to enjoy![/quote]
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