Mr. Money Mustache
description: a financial blog focused on achieving early retirement through frugal living and investing
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Playing With FIRE (Financial Independence Retire Early): How Far Would You Go for Financial Freedom?
by Scott Rieckens and Mr. Money Mustache · 1 Jan 2019
Responsible Publisher. Publisher certification awarded by Green Press Initiative. www.greenpressinitiative.org 10 9 8 7 6 5 4 3 2 1 contents Foreword by Mr. Money Mustache ix Introduction to FIRE 1 Chapter 1: Work, Eat, Sleep, Repeat 11 Chapter 2: The Million-Dollar Idea 23 Chapter 3: Ten Things That Make
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. And I think you will feel that same hope creep into your own outlook on life as you read it. PLAYING WITH FIRE — Pete Adeney a.k.a. Mr. Money Mustache xii introduction to fire 1 PLAYING WITH FIRE The quest for a happy and meaningful life is not new. Socrates 2 tells us that
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, Seth Godin, Amanda Palmer, Jamie Foxx, and Tony Robbins. I was curious about this episode’s odd title, “Mr. Money Mustache — Living Beautifully on $25–27K Per Year.” I pressed Play. Mr. Money Mustache, whose real name is Pete Adeney, is a Canadian-born engineer of average means who retired at thirty; lives near Boulder, Colorado, with his
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.” I did a quick mental calculation: Taylor and I were burning through this guy’s annual spending in about three months! Whoa. Tim termed the Mr. Money Mustache community and philosophy “a worldwide cult phenomenon” — the blog has 300 million page views since its inception in 2011 — and he addressed Pete by telling
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running late because of “childcare issues.” I turned up the volume and kept listening. Pete said that he chronicled his family’s lifestyle on his Mr. Money Mustache blog, and he’d amassed a following of converts who called themselves “Mustachians.” Since Pete was my first introduction to FIRE, I assumed that he
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, when I would walk with Jovie to help her fall asleep. Once Jovie and Taylor were snoozing, I would spend hours researching and reading about Mr. Money Mustache and all the other amazing people who were talking about FIRE. In fact, as I googled articles about early retirement and financial independence, I realized
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the Caribbean, visiting the Great Wall of China. This was a far cry from the nine-to-five grind, living for the weekend. Pete from Mr. Money Mustache was just one “guide” for the FIRE movement. Dozens of bloggers were chronicling their journeys to financial independence. Some remained anonymous to protect their corporate
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. At the time, I was amazed that so many people knew about this idea, and I’d never even heard of it. Popular FIRE Blogs Mr. Money Mustache: mrmoneymustache.com Mad Fientist: madfientist.com Frugalwoods: frugalwoods.com Physician on Fire: physicianonfire.com Early Retirement Extreme: earlyretirementextreme.com The Simple Path to Wealth: jlcollinsnh
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subject line, I wrote “Check out this article,” and in the body of the email, I pasted a link to a blog post written by Mr. Money Mustache that described the math behind FIRE. This was one of my favorites from the hundreds of posts I had read. I was pretty sure this
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friend. Clearly, my wife had not caught the FIRE bug. I had more work to do. ■ ■ ■ ■ session with FIRE. A week after I first heard Mr. Money Mustache’s interview, I bounced the idea off of a close friend, Joe. He was a former coworker and somebody I looked up to. He seemed
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then live off the dividends and travel the world and spend every day frolicking in a field, which I learned about through this guy named Mr. Money Mustache — yes, that’s a real name — and oh my god, dude, you have to read this guy’s blog; it will blow your mind. “Oh
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’ve heard of that guy,” Joe said. I was speechless. He’d already heard of the secret to happiness?! Turned out Joe had been reading Mr. Money Mustache’s blog for years. “Why didn’t you tell me?” I demanded. “You knew about this all along, and you didn’t say anything?” “Well
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IDEA Over the next week, that’s what I did. I sent her Mad Fientist and ChooseFI podcasts, articles by the Frugalwoods, and posts from Mr. Money Mustache. She’d mention one occasionally, but mostly she was too busy to read or listen to them. The material wasn’t catching on with her
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of reading, and I think this could make sense for us,” I told her. I explained about the first podcast interview I’d heard with Mr. Money Mustache, the conversation I’d had with Joe, and all the research I’d done since. I confessed that I was totally obsessed with FIRE, much
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FIRE mindset, we knew we needed a plan to cut back on spending. To make this plan, we relied heavily on a post written by Mr. Money Mustache titled “The Shockingly Simple Math Behind Early Retirement,” which says that the only math that matters is comparing how much you’re earning versus how
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times a year. Brad from the ChooseFI podcast mentioned that his wife learned to cook meals that cost two dollars per person. And Pete from Mr. Money Mustache continually espoused his love for intentional trips to Costco. The advice seemed pretty clear: Stop eating out, start cooking at home, and buy in bulk
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power. It also opens the door to buying a car from a private party free from the hassle of trying to get financing. Data: As Mr. Money Mustache points out in his article “Top 10 Cars for Smart People,” most people use anecdotal information to decide about a car. They have one friend
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documentaries dealing with similar themes, like tiny housing or the retirement crisis, but nothing specific to the FIRE movement. This really surprised me. I knew Mr. Money Mustache had reached more than twenty-three million people. And there are nearly 400,000 people on the Financial Independence subreddit as of this writing. This
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the concept, and the majority of my career involved video production. I imagined flying around the country interviewing all these people I was reading about: Mr. Money Mustache, the Mad Fientist, the Frugalwoods, Vicki Robin, and so on. However, I knew this was probably unrealistic, and the documentary idea might have stayed in
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annual combined spending: $32,000 My Path to FIRE My boyfriend, Kyle, and I were introduced to FIRE when Kyle’s mom told us about Mr. Money Mustache and JL Collins. I was becoming interested in investing and she, having casually followed these blogs for years, thought they might be a good starting
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received motivation. Fortunately, more good fortune was in store for us. In September, while we were still in Seattle, I decided to email Pete Adeney, a.k.a. Mr. Money Mustache himself. He’d recently announced that he was opening a coworking space in his hometown of Longmont, Colorado. I wanted to feature Pete in
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we have anything to talk about? Was I just another fan-guy obsessed with meeting an idol? Naw, that wasn’t me...or was it? Mr. Money Mustache World Headquarters, as it is called, is WHAT THE HECK IS AN INDEX FUND? located in a nondescript building in the middle of downtown, with
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clueless about how to invest. All that changed in Ecuador when we met JL Collins. Many of the FIRE influencers have become known for specialties: Mr. Money Mustache for low-cost living, the Mad Fientist for tax optimization, and JL as the FIRE community’s go-to for investment and stock advice. On
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. D. Roth from Get Rich Slowly. First, everyone talked about how they had stumbled onto FIRE. Carl mentioned that, like me, he had found the Mr. Money Mustache blog, and it had instantly changed his life. Tanja found a book called How to Retire Early and used that as her blueprint. One thing
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for ten minutes straight while standing in the bucket of a tractor raised up fifteen feet in the air: OSHA may not have approved, but Mr. Money Mustache certainly would have. When we went back inside, Jovie was playing on her grandmother’s lap, and Taylor was working on the couch. I went
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the message that I needed to beware of obsessing over FIRE and frugality to the peril of FAMILY AND FRUGALITY my daily happiness. Pete from Mr. Money Mustache also makes this point in a blog post titled “Happiness Is the Only Logical Pursuit.” In it, Pete argues that we should focus not on
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we were parking in front of a big lodge. We had arrived at camp. Officially, a Mustachian is anyone who follows the writings of Pete Adeney, a.k.a. Mr. Money Mustache. In the FIRE community, the “Mustachian” label has come to represent a certain way of thinking. Following the guidelines laid out in Pete
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long-lost friends. “Did we bring wine?” Taylor whispered. I silently nodded. Though Taylor had agreed to come, she wasn’t exactly sold on the Mr. Money Mustache ethos or even the man himself. In fact, when she first met Pete in Ecuador, she had slugged him in the chest and told him
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change my path so that I could end up here. Today, I wonder: If we had never left Coronado, if I had never heard of Mr. Money Mustache, if I’d been unable to convince Taylor to join me in this adventure — where would I be THE FIRE IS SPREADING right now? Probably
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similar paths who share similar values is vital to sticking with FIRE (especially when the going gets tough). Check out the forums on ChooseFI and Mr. Money Mustache. For IRL (“in real life”) meetings, there are FIRE groups in almost every region of the world. THE SEVEN STEPS TO FIRE Step 6: Increase
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. You’ve helped us anticipate the obstacles ahead while taking care of our story. I’m so lucky to be on this journey with you. Pete Adeney, thank you for face-punching me when I needed it the most and for never holding back. Brandon Ganch, knowing how much you value ACKNOWLEDGMENTS
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, Eat, Sleep, Repeat Page 19, I was curious about this episode’s odd title, “Mr. Money Mustache”: Tim Ferriss, “Mr. Money Mustache — Living Beautifully on $25–27K Per Year,” The Tim Ferriss Show, February 13, 2017, https://tim.blog /2017/02/13/mr-money-mustache. Page 22, The “4 percent rule,” also referred to as the “safe withdrawal rate
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, January 22, 2017, http://www.businessinsider.com/teachers -early-retirement-traveling-the-world-2017-1. Page 28, a blog post written by Mr. Money Mustache: “The Shockingly Simple Math behind Early Retirement,” Mr. Money Mustache, January 13, 2012, https://www.mrmoneymustache.com/2012/01/13 /the-shockingly-simple-math-behind-early-retirement. Chapter 3: Ten Things
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, https://www.choosefi.com/021 -pillars-of-fi. Page 50, To make this plan, we relied heavily on a post written by Mr. Money Mustache: “The Shockingly Simple Math Behind Early Retirement,” Mr. Money Mustache, January 13, 2012, https://www.mrmoney mustache.com/2012/01/13/the-shockingly-simple-math-behind -early-retirement. Page 55, The
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,” ChooseFI, June 2, 2017, https://www.choosefi.com/025r-friday -roundup-paul-case-study-part-4. Page 55, And Pete from Mr. Money Mustache continually espoused: “Is a Costco Membership Worth the Price?,” Mr. Money Mustache, ENDNOTES Chapter 4: I Spend How Much on Coffee?! 197 September 30, 2011, https://www.mrmoneymustache.com/2011 /09/30
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August 29, 2018, https://www .behavioraleconomics.com/resources/mini-encyclopedia-of-be /sunk-cost-fallacy. Page 68, As Mr. Money Mustache points out in his article “Top 10 Cars”: “Top 10 Cars for Smart People,” Mr. Money Mustache, March 19, 2012, https://www.mrmoneymustache.com/2012/03/19/top -10-cars-for-smart-people. PLAYING WITH
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to FIRE,” Reddit (r/financial independence), accessed August 29, 2018, https://www.reddit.com/r/financial independence/comments/80a2p7/documentaries_relevant_to_fire. Page 78, Mr. Money Mustache had reached more than twenty-three million people: Tim Ferriss, “Mr. Mustache — Living Beautifully on $25–27K Per Year,” The Tim Ferriss Show, accessed August
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with Philosophy?,” Evergreen Small Business, July 23, 2017, https://evergreensmallbusiness.com/financially-independent -retired-early-flaws. Page 149, Pete from Mr. Money Mustache also makes this point: “Happiness Is the Only Logical Pursuit, Mr. Money Mustache, June 8, 2016, https://www.mrmoneymustache.com/2016/06/08/happiness -is-the-only-logical-pursuit. Chapter 11: Dream House
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as followers of, 169; Playing with FIRE documentary and, 106–8; Taylor’s view of, 171; Tim Ferriss Show interview with, 19–21. See also Mr. Money Mustache (podcast) Afford Anything (blog), 109, 182 alcohol, 12–13, 144, 150, 183 Alexa rankings, 26 Amazon.com, 18, 20 American dream, 12 Aristotle, 2 Barrett
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, 148–49, 150; human quest for, 2; money required for, 5; optimization of, 169; “ten things” exercise, 34–38 “Happiness Is the Only Logical Pursuit” (Mr. Money Mustache episode), 149 Hawaii, 83, 157, 163, 168, 169 HBO, 50 Ibarra (Ecuador). See Above the Clouds FIRE retreat (Ibarra, Ecuador) income level: FIRE and, 6
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and, 5; as means to end, 9, 150, 185; power of, 8–9 money managers, 113–15 Money: Master the Game (Robbins), 112 mortgages, 182 Mr. Money Mustache (podcast), 55, 101; author’s research on, 24, 78; on FIRE and happiness, 149; FIRE community and, 25, 125; followers of, 20, 169 (see also
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living as specialty of, 110; popularity of, 26, 78; spousal discussions about, 31. See also Adeney, Pete “Mr. Money Mustache — Living Beautifully on $25–27K Per Year” (Tim Ferris Show episode), 19–20, 37, 142 Mr. Money Mustache World Headquarters (Longmont, CO), 106–7 Mustachians: annual meeting of, 168, 171, 172–76; author’s experience, 170
Reset: How to Restart Your Life and Get F.U. Money: The Unconventional Early Retirement Plan for Midlife Careerists Who Want to Be Happy
by David Sawyer · 17 Aug 2018 · 572pp · 94,002 words
any wonder we’ve had no time to adapt? We’re hard-wired to satisfy our appetites, to pursue pleasure, to reproduce and survive. As Pete Adeney – aka Mr. Money Mustache, we’ll come to him later – says: “Ancestors of ours who were insatiable, and always wanted more mates, more children, more food, more social
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later, when he left Moz to strike out on his own, he said the tone of voice of his new venture would be somewhere between Mr. Money Mustache and Wait But Why, two blogs I’d never heard of at the time. That bread-crumb trail helped me discover the predominantly US financial
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above all others. You hang on their every word, try to find out how they did things, follow their recommendations. Mine are: Ryan Holiday. Pete Adeney (aka Mr. Money Mustache). Tim Urban (of Wait But Why). My wife thinks I’m mad She playfully pokes fun at these friends and mentors, most of whom I
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literature), when it comes to laws, fund choice and tax-advantaged accounts, it’s UK-focussed. US readers can consult such luminaries as Mad Fientist, Mr. Money Mustache and JL Collins for tips on Roth IRAs, 403(b)s and 401(k)s. Most of all, it’s a set of principles, rules
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do.) Financial independence is an unconventional, underground cult, without the messianic ruler. Powered by the internet, the FIRE community has mushroomed as bloggers such as Pete Adeney and JL Collins have taken on the mantle of early pioneers such as Joe Dominguez and Jacob Lund Fisker, leading hundreds of thousands of (largely
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independence has gone from a term recognised by one in a thousand Americans in 2011 to one in 50 in 2017. That estimate is from Mr. Money Mustache himself, who, such is his popularity, received 8.8m page views on his website in April 2017 alone[242]. The UK Across the pond, everyone
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. Over the past two years living in Glasgow, I’ve asked hundreds of people if they’ve ever heard of the financial independence movement or Mr. Money Mustache. Not a single one has answered yes. I hope RESET will change that. Yes, much you will have heard before, no it’s not about
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it running out. This 3.5% figure is based on a UK resident investing internationally. If you’re a US investor, most FIRE experts, including Mr. Money Mustache and JL Collins, recommend a 4% withdrawal rate, which, in the equation in STEP B, would lead to a vastly reduced stash target of £750
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Aggarwals. If you’re a professional in your mid-twenties, there’s nothing to stop you bagging your stash by your early thirties: just ask Mr. Money Mustache. But for those of us who are married-with-two-children, it’s going to take a good deal longer.) Conservative assumptions The financial assumptions
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little helps. Small actions taken daily produce big results in the long run. Don’t let money slither through your fingers like egg whites. As Mr. Money Mustache writes: “A millionaire is made ten bucks at a time[296].” Beware status cocaine[297]. Don’t try to keep up with the Joneses: they
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, down to the last screw. Paradoxically, this leaves my mind clear to focus on what matters. You’ll have the last laugh. I imagine even Pete Adeney, before his ascent to FI superstardom, used to receive the occasional funny look when he turned up at his local food store on a bike
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, you’re almost on to a sure thing. I would 100% plan for an SWR of 4%. There’s no way I’m arguing with Pete Adeney, JL Collins and Michael Kitces. However, if you live somewhere else, you need to consult the Oracle of Pfau, by googling “Does The 4% Rule
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that has gathered momentum in the past five years. What did Samuelson make of it all? Way before index investing took off, seven years before Mr. Money Mustache put finger to keyboard, and four years before his death in 2009, he had this to say: “I rank this Bogle invention along with the
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-bedroom bloggers. Proponents of index funds count among them some of the finest minds on the planet: Warren Buffett; Paul Samuelson; Eugene Fama; Jack Bogle; Pete Adeney; JL Collins; Harold Pollack; ex-star fund manager at Magellan, Peter Lynch; and Douglas Dial, ex-portfolio manager of the US’s largest pension fund
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. If you’re in the US, you might have heard of Betterment, a firm that came to the attention of the financial independence community when Pete Adeney started using it to manage his money in preference to Vanguard[389]. Sadly, Betterment is not available in the UK and has no plans to
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that generate more than 50% of their profits from overseas in this fund, this provides all the global diversification you need[395]. Writing in 2011, Pete Adeney recommended a similar approach[396]. RESET View A simple low-cost approach aimed at US investors. The equivalent UK fund is the Vanguard FTSE UK
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-Linked Gilt Index Fund: 6.16%. RESET View Monevator is the UK FI index investing guru, who I first discovered through a recommendation on the Mr. Money Mustache forum[400]. I’ve since devoured as many Monevator blog posts as I have Mustache ones. This is a good portfolio with the research and
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excellent. Translate the non-applicable US-specific advice through reading UK blogs. Read these six blogs: Monevator (amazing, all the UK translation you’ll need), Mr. Money Mustache, Mad Fientist, Budgets are Sexy[426], Millennial Revolution[427] and Physician on FIRE[428]. You’re only as good as your partner. Marry the right
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to decide on. But the clincher is finding someone online that can show me the way. When I committed to financial independence that person was Mr. Money Mustache. I sincerely hope that for you that person can be me. 10. Don’t be perfect In Bird by Bird, Anne Lamott writes: “Perfectionism is
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worth minus your house equity and final salary pension (if you’re lucky enough to have one) transfer value. Stash is a term popularised by Mr. Money Mustache. Stock: a type of security that signifies ownership in a corporation and represents a claim on part of the corporation’s assets and earnings. Tilt
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”: “Northern soul – Wikipedia.” toreset.me/295. [296] “A millionaire is made ten bucks at a time”: “A Millionaire is Made Ten Bucks at a Time – Mr. Money Mustache.” 1 Aug. 2011, toreset.me/296. [297] Beware status cocaine: “Happy Ambition: Success, Status Cocaine, and Happiness.” toreset.me/297. [298] JL Collins, 50%: “The
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bike speech – YouTube.” 27 Oct. 2013, toreset.me/305. [306] most efficient form of transport: “What Do You Mean “You Don’t Have a Bike”?! – Mr. Money Mustache.” 7 May. 2012, toreset.me/306. [307] Skodas: “Skoda UK.” toreset.me/307. [308] Decathlon: “Decathlon.” toreset.me/308. 30. Section 3: Investing (Options, Interest
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, or total world stock index fund, but favours the one-fund VTSAX approach pre-retirement. [396] Writing in 2011, Pete Adeney recommended a similar approach: “How to make Money in the Stock Market – Mr. Money Mustache.” 18 May. 2011, toreset.me/396. [397] Goldberg five funds: “The Only 5 Index Funds You Need to Own
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/398. [399] In April 2018: “The Slow and Steady passive portfolio update: Q1 2018 | Monevator.” 3 Apr. 2018, toreset.me/399. [400] Mr. Money Mustache forum: “Advice for a UK mustachian – Mr. Money Mustache Forum.” 13 Jun. 2012, toreset.me/400. [401] Bogleheads…with 60 chapters worldwide: “Investing Lessons From Vanguard’s Bogleheads – Kiplinger.” toreset.me
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by any means restricted to FIRE, but they’ve both had plenty of FIRE-related guests on their shows, eg, Jack Bogle on Freakonomics and Mr. Money Mustache on The Tim Ferriss Show). [425] Read the best FIRE books: “Best Books – Rockstar Finance Directory.” toreset.me/425. [426] Budgets are Sexy: “Budgets Are
Digital Minimalism: Choosing a Focused Life in a Noisy World
by Cal Newport · 5 Feb 2019 · 279pp · 71,542 words
habits of the informal leader of the FI 2.0 movement: a former engineer named Pete Adeney, who became financially independent in his early thirties and now blogs about his life under the purposefully self-deprecating moniker Mr. Money Mustache. When Pete became financially independent, he didn’t fill his life with the types of
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bought a run-down retail building on the main street of his hometown of Longmont, Colorado. He’s currently transforming it into what he calls Mr. Money Mustache World Headquarters. What, exactly, he plans to do with the space once finished isn’t yet quite clear—but the end goal isn’t really
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better term we can call the Bennett Principle, provides a plausible foundation for the active leisure lives we’ve encountered so far in this section. Pete Adeney, Liz Thames, and Theodore Roosevelt all provide specific arguments for their embrace of strenuous leisure, but these arguments all build on the same general principle
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action that can help you operationalize Aristotle’s blueprint for happiness. PRACTICE: FIX OR BUILD SOMETHING EVERY WEEK Earlier in this chapter, I introduced Pete Adeney (a.k.a. Mr. Money Mustache), the former engineer who achieved financial independence at a young age. If you sift through the archive of Pete’s blog, you might
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’s experiments with metal welding. As Pete explains, his welding odyssey began in 2005. At the time, he was building a custom home. (As loyal Mr. Money Mustache fans know, Pete spent a few years running a somewhat ill-fated home construction company after quitting his job as an engineer.) The house was
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achieve some degree of handiness, therefore, you can more easily tap into this type of satisfying activity. This practice won’t ask you to become Pete Adeney—who, as we previously explored, has near endless time for such pursuits—but it will push you to make straightforward repair, learning, or building projects
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”: Harris, Solitude, 219. “I never understood the joy”: “Seek Not to Be Entertained,” Mr. Money Mustache (blog), September 20, 2017, https://www.mrmoneymustache.com/2017/09/20/seek-not-to-be-entertained. Mr. Money Mustache World Headquarters: “Introducing The MMM World Headquarters Building,” Mr. Money Mustache (blog), August 2, 2017, http://www.mrmoneymustache.com/2017/08/02/introducing-the
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-mmm-world-headquarters-building. “If you leave me alone”: “Seek Not,” Mr. Money Mustache. “even if it’s ten below outside”: Liz Thames
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, phone interview by the author, December 20, 2017. “For me, inactivity leads”: “Seek Not,” Mr. Money Mustache. “I wish to preach”: Theodore Roosevelt, “The Strenuous Life” (speech before the Hamilton Club, April 10, 1899), http://www.bartleby.com/58/1.html. “acquainted
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Kickstarter campaign, https://www.kickstarter.com/projects/mousebooks/mouse-books. “Damn! . . . If this guy is billing out”: “Unlock Your Inner Mr. T—by Mastering Metal,” Mr. Money Mustache (blog), April 16, 2012, http://www.mrmoneymustache.com/2012/04/16/unlock-your-inner-mr-t-by-mastering-metal. “It was simply taken for granted
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bus boycott, 94–95 Montgomery Improvement Association, 94 mood, xi–xii Morse, Samuel, 249–51, 254 Mouse Book Club, 190–92 movie theaters, 112–13 Mr. Money Mustache (Pete Adeney), 171–73, 176, 194–96 music: iPod and, 4, 5, 100–101, 217 record player and, 72 Walkman and Discman and, 100 NAACP, 94 negativity
Quit Like a Millionaire: No Gimmicks, Luck, or Trust Fund Required
by Kristy Shen and Bryce Leung · 8 Jul 2019 · 389pp · 81,596 words
could potentially bankrupt him. And because of how unlikely this is, the premium for such a policy is affordable (e.g., the one that blogger Mr. Money Mustache used is $237 USD per month with a $10,000 deductible for a family of three). An HSA is a type of investment account that
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some people with bona fide expertise. The first part of this chapter, which deals with the true cost of having kids, is a collaboration with Pete Adeney from the blog MrMoneyMustache.com, Jeremy Jacobson from the blog GoCurryCracker.com and Justin McCurry from RootofGood.com. All three are fellow finance bloggers whom
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the same time giving them a high quality of life? I reached out to early retirees doing exactly that. The Jacobsons, the McCurrys, and Pete Adeney (aka Mr. Money Mustache) are friends we met through the FIRE community who retired in their thirties with kids. Jeremy travels the world with his son and wife. Justin
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go to get started? This was just a brief introduction to early retirement with kids and the world-schooling approach. Each of our experts, namely Pete Adeney, Justin McCurry, Jeremy Jacobson, Jennifer Sutherland-Miller, and Lainie Liberti, could fill tomes with the breadth and depth of their knowledge on the specific topic
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don’t have to be as expensive as people make them out to be. Also, many expenses, like day care, drop away once you retire. Pete Adeney retired in Colorado with his son. Justin McCurry retired in North Carolina with three kids. Jeremy Jacobson retired and now lives nomadically with his son
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get e-mails from readers on the verge of retiring, all they can talk about is a phenomenon called the “Wall of Fear,” coined by Pete Adeney, aka Mr. Money Mustache. Instead of feeling excited, they worry about all the things that could go wrong. I don’t blame them. I also faced the Wall
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are near retirement and hoping to find your community, you can find genuine friends at any of these conferences and meet-ups: Chautauqua: FIChautauqua.com Mr. Money Mustache Meetups: MrMoneyMustache.com/meetups ChooseFi Facebook group: Facebook.com/ChooseFi CampFI meet-ups: Choosefi.com/CampFI LOSS OF IDENTITY The line snaked around the conference
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Optimizer, I hope this book helped you understand why you’re the way you are, and why that’s totally awesome. NOTABLE OPTIMIZERS Me Mr. Money Mustache, aka Pete Adeney JL Collins DIFFERENT STROKES FOR DIFFERENT FOLKS Since we’ve retired and started traveling the world, we’ve become friends with self-made millionaires of
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to cut it, and that my stupid childhood story was, in fact, worth telling, thank you for inspiring us to make this story better. Pete “Mr. Money Mustache” Adeney, Brandon Bronkhorst, Bill Banholzer, Colby Charles, Rob and Robin Charlton, Alan Donegan, Katie Donegan, Melissa Fournier, Jeremy Jacobson, Lainie Liberti, Justin McCurry, Jennifer Miller
Tribe of Mentors: Short Life Advice From the Best in the World
by Timothy Ferriss · 14 Jun 2017 · 579pp · 183,063 words
Muna AbuSulayman Sam Harris Maurice Ashley How to Say No: Danny Meyer John Arnold Quotes I’m Pondering (Tim Ferriss: Jan. 6–Jan. 27, 2017) Mr. Money Mustache David Lynch Nick Szabo Jon Call Quotes I’m Pondering (Tim Ferriss: Feb. 3–Feb. 24, 2017) Dara Torres Dan Gable Caroline Paul Darren Aronofsky
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to a great life is simply having a bunch of great days. So you can think about it one day at a time.” Mr. Money Mustache TW/FB: @mrmoneymustache mrmoneymustache.com MR. MONEY MUSTACHE (Pete Adeney in real life) grew up in Canada in a family of mostly eccentric musicians. He graduated with a degree in computer engineering
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three of them have explored a freeform life of interesting projects, side businesses, and adventures. In 2011, Pete started writing about his philosophy on the Mr. Money Mustache blog, which has grown to reach about 23 million people (and 300 million page views) since its founding. It has become a worldwide cult phenomenon
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, this delivers. Drunkenness didn’t help matters.] Charles Poliquin on Strength Training, Shredding Body Fat, and Increasing Testosterone and Sex Drive (#91)—tim.blog/charles Mr. Money Mustache—Living Beautifully on $25–27K Per Year (#221)—tim.blog/mustache Lessons from Warren Buffett, Bobby Fischer, and Other Outliers (#219)—tim.blog/buffett Exploring
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Josh Waitzkin—tim.blog/josh Larry King—tim.blog/larry Maria Sharapova—tim.blog/sharapova Mark Bell—tim.blog/markbell Michael Gervais—tim.blog/gervais Mr. Money Mustache—tim.blog/mustache Naval Ravikant—tim.blog/naval Neil Strauss—tim.blog/strauss Nick Szabo—tim.blog/crypto Peter Attia—tim.blog/attia Ray Dalio
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| H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z A AbuSulayman, Muna, 362 Adeny, Pete (Mr. Money Mustache), 376 Ali, Muneeb, 468 Anderson, Chris, 407 Aoki, Steve, 519 Arnold, John, 373 Aronofsky, Darren, 398 Ashley, Maurice, 368 Attia, Peter, 514 B Babauta, Leo
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; Ed Coan, 319; Ray Dalio, 322; Brian Koppelman, 330; Sarah Elizabeth Lewis, 338; Gabor Maté, 343; Linda Rottenberg, 351; Larry King, 361; Muna AbuSulayman, 363; Mr. Money Mustache, 377; David Lynch, 381; Nick Szabo, 384; Jon Call, 387; Dara Torres, 391; Dan Gable, 393; Caroline Paul, 397; Bram Cohen, 405; Aisha Tyler, 433
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; Liv Boeree, 303; Anníe Mist Þórisdóttir, 307; Ed Coan, 319; Ray Dalio, 322; Stewart Brand, 333; Gabor Maté, 343; Sam Harris, 366; Maurice Ashley, 370; Mr. Money Mustache, 377; David Lynch, 381; Jon Call, 387; Caroline Paul, 397; Evan Williams, 402; Bram Cohen, 406; Chris Anderson, 408; Neil Gaiman, 411; Katrín Tanja Davíðsdóttir
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, 323; Jacqueline Novogratz, 326; Stewart Brand, 334; Gabor Maté, 343; Steve Case, 346; Linda Rottenberg, 351; Tommy Vietor, 355; Sam Harris, 367; John Arnold, 374; Mr. Money Mustache, 377; David Lynch, 381; Nick Szabo, 383; Dara Torres, 391; Dan Gable, 394; Darren Aronofsky, 399; Evan Williams, 402; Bram Cohen, 406; Chris Anderson, 409
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, 237, 270, 402, 569 Miura-Ko, Ann, 199–202 Modcloth, 200 Moore’s Law, 294–95 Moskovitz, Dustin, 82–84 Mother Dirt, 72 Motive, 64 Mr. Money Mustache (Pete Adeney), 376–78 Munger, Charlie, 513 Murakami, Haruki, 567 Musk, Elon, 41, 42, 62, 63 Mycoskie, Blake, 484 Mylola.com, 77 N Nadella, Satya, 59 Nasaline
The Simple Path to Wealth: Your Road Map to Financial Independence and a Rich, Free Life
by J L Collins · 17 Jun 2016 · 194pp · 59,336 words
perfect reader for this project. She’s smart, knows good writing and enough on the subject to make sure I stayed on track. Foreword Pete Adeney, a.k.a Mr. Money Mustache (www.mrmoneymustache.com), graciously agreed to write the foreword. Pete is a major force in the world of financial independence and has been
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follow, so it only makes sense that a book about it should have those same fine traits. This one does. Peter Adeney a.k.a. Mr. Money Mustache Colorado, June 2016 Table of Contents Dedication Disclaimer Acknowledgements Foreword Beginnings I. Introduction II. A parable: The Monk and the Minister III. My story: It
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quite enjoyable to follow, so it only makes sense that a book about it should have those same fine traits. This one does.” Peter Adeney Mr. Money Mustache www.mrmoneymustache.com “The Simple Path to Wealth is the investing book I always wished I’d read. Collins breaks down otherwise-daunting concepts and
The Simple Path to Wealth (Revised & Expanded 2025 Edition): Your Road Map to Financial Independence and a Rich, Free Life
by JL Collins · 191pp · 66,998 words
of the message, the outcome is powerful: the most effective investing strategy one can implement, whether beginner or expert!” —Joe Olson, Adventuring Along; chief moderator, Mr. Money Mustache “Investing doesn’t have to be difficult. In fact, it’s much better when it’s not, and the people who try to make it
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follow, so it only makes sense that a book about it should have those same fine traits. This one does. Peter Adeney a.k.a. Mr. Money Mustache Colorado, June 2016 A Parable: The Monk and the Minister Two close boyhood friends grow up and go their separate ways. One becomes a humble
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, a million dollars is a very arbitrary goal. Perhaps the better question is, Can everybody achieve financial independence? On blogs like Early Retirement Extreme and Mr. Money Mustache, you’ll find countless stories of people with modest incomes who by way of frugal living and dedicated savings get there in a remarkably short
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of Finance: https://faculty.haas.berkeley.edu/odean/papers%20current%20versions/individual_investor_performance_final.pdf. Blogs Early Retirement Extreme Go Curry Cracker Mad Fientist Mr. Money Mustache JLCollinsNH, where you’ll find an archive of my Stock Series, other posts, and more case studies Calculators Calculator A, Don’t Quit Your Day
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Schoedinger, and Brynne Conroy. These three kept me on track, in particular pressing to make sure the concepts were clear for nonfinancial types. Pete Adeney, a.k.a. Mr. Money Mustache, graciously agreed to write the foreword. Pete is a major force in the world of financial independence and has been a longtime supporter of
Work Optional: Retire Early the Non-Penny-Pinching Way
by Tanja Hester · 12 Feb 2019 · 231pp · 76,283 words
financial independence badass, for teaching me to think about money differently, and for continuing to be the conscience of the FIRE community. Thanks to bloggers Pete Adeney (Mr. Money Mustache), Brandon (Mad Fientist), and Karsten Jeske (Early Retirement Now) for breaking down the foundational concepts on early retirement that inform so much of the FIRE
Retire Before Mom and Dad
by Rob Berger · 10 Aug 2019 · 239pp · 60,065 words
. I learned about this rule in late 2013. I had just started my podcast and I invited a guy who goes by the name of Mr. Money Mustache to be a guest on the show. His story is as simple as it is compelling. He retired at age 30. Let that sink in
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later, his wife graduated and landed a job where she was making $44,000 a year. Then, over time they received raises. For 10 years, Mr. Money Mustache and his wife saved and invested. While the amounts varied, at one point he saved roughly 60% of his income.7 One thing he shared
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, 26, 28, 31-32, 38-39, 45-46, 50-52, 63, 71, 105, 153, 167, 195 Morningstar 151, 159, 184-187, 190, 195-196, 200 Mr. Money Mustache 32 Mutual Fund 19-20, 38, 80, 139-140, 143, 145-147, 149, 151-155, 157-159, 161-162, 164, 183-185, 187, 190-191
This Could Be Our Future: A Manifesto for a More Generous World
by Yancey Strickler · 29 Oct 2019 · 254pp · 61,387 words
value in life. FIRE is Maslow’s hierarchy of needs executed with precision. As a popular FIRE writer named Peter Adeney writes on his blog, Mr. Money Mustache: “By focusing on happiness itself, you can lead a much better life than those who focus on convenience, luxury, and following the lead of the
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from being closed on Sunday comes from a calculation done by a Quora user, Maxwell Arnold, based on the company’s annual sales. “purse upgrades”: Mr. Money Mustache’s passionate pitch for FIRE comes from a February 22, 2013, blog post titled “Getting Rich: From Zero to Hero in One Blog Post.” “upscale
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–39 morals, xii, 25, 32, 174, 194 mortality rates, 150–51, 184 movies, xvi, 5, 9, 12–13, 37, 41–44, 46, 134, 136–40 Mr. Money Mustache blog, 166–67 music industry, 4–5, 9, 12, 37–38, 40–41, 55, 162, 175, 263. See also Adele Musk, Elon, 173 Nader, Ralph
Exercise Every Day: 32 Tactics for Building the Exercise Habit (Even If You Hate Working Out)
by S.J. Scott · 19 Mar 2015 · 128pp · 28,129 words
Money Moments: Simple Steps to Financial Well-Being
by Jason Butler · 22 Nov 2017 · 139pp · 33,246 words
The Complete Guide to Property Investment: How to Survive & Thrive in the New World of Buy-To-Let
by Rob Dix · 18 Jan 2016 · 228pp · 68,315 words