Reply to Read Mr. Money Mustache for the first time

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

He lives off the blog. Someone who wants to replicate lifestyle needs not only to be frugal but to also have a good side gig as a source of supplementary income.[/quote]

He documents his family's spending and it is less than $35,000 yearly.   Why do you say he is living off his blog?[/quote]

Because it gives him the security that someone who just made 35K a year wouldn't have.[/quote]

That is absolutely true.  But he isn't "living off" that money.  He isn't using the investment income to add to his spending money.  So someone who wants to replicate his < $35K lifestyle doesn't need to have the good side gig.  Just the investment to throw off < $35K a year.  Which, if you read the forum, many especially young people in the tech industry are able to do in just 10-15 years.   They have high salaries, and save 50% or more of it, and achieve "FIRE" before the age of 40.

I wish I had known about this when I was younger.  This is my favorite blog post:
https://www.mrmoneymustache.com/2012/01/13/the-shockingly-simple-math-behind-early-retirement/[/quote]

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