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Reply to "Mr. Money Mustache- DC version"
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[quote=Anonymous][quote=Anonymous]I have one kid, no car, live in a condo, cook a lot etc. I like his frugality tips. As an economist, however, I don't really think you need to follow his whole program. His retirement savings goal seems very low in a world where he and/or his wife could make it to age 90. Also, here in DC, many people like their work, and some people have really vital jobs. In the case of doctors, medical researchers, etc., it makes little sense to invest in lengthy educations and not use them for long. Society would also be a worse place if such people lived the MMM life.[/quote] MMM is an extremist. I don't think most of his readers will actually follow in his footsteps. But he does inspire people to think outside the box of keeping up with the Jones' while working for 40 years, which is a good thing IMHO.[/quote]
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