Mr. Money Mustache

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Harvey Harvey
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Mr. Money Mustache

ScottyJack (or maybe it was MC2) turned me on to MMM.

Interesting MMM graphic:



I like the idea of the three kinds of spending: useful, ridiculous and saving. Especially the idea that some ridiculous is required, but the ratio is the rub.
"You just need to go at that shit wide open, hang on, and own it." —Camp
campgottagopee campgottagopee
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Re: Mr. Money Mustache

Funny you started this thread, Harv.

I was in Lowe's early this AM doing some "useful" spending and while checking out I was asked to apply for a credit card. I politely declined, and expressed to the women running the register that imo credit cards were the root of all evil. She looked at me like I had 3 heads, apparently she's a fan of those damn things. Sure, in today's society we're forced into having credit cards but some peeps live on the damn things. In my line of work I deal with peoples credit all day long. The amount of credit card debt that some people carry is absolutely mind blowing ......then again our National Debt is wayyyyyy beyond that, so I guess it's just the American way

I'm with SJ. Somewhere he posted he'd like to go back in time. I would too. I like the thought of horse trading better than buying on credit.  
Highpeaksdrifter Highpeaksdrifter
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Re: Mr. Money Mustache

campgottagopee wrote
I'm with SJ. Somewhere he posted he'd like to go back in time. I would too. I like the thought of horse trading better than buying on credit.
I'd like to go forward in time. We know the past, at least what recorded history teaches us. I'd like to know the future I won't live to see.
There's truth that lives
And truth that dies
I don't know which
So never mind - Leonard Cohen
campgottagopee campgottagopee
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Re: Mr. Money Mustache

Highpeaksdrifter wrote
campgottagopee wrote
I'm with SJ. Somewhere he posted he'd like to go back in time. I would too. I like the thought of horse trading better than buying on credit.
I'd like to go forward in time. We know the past, at least what recorded history teaches us. I'd like to know the future I won't live to see.
Interesting thought. To me the future is scary. I like security, and don't like change.......maybe that's why I'd like to go back simply because I know what I'm getting into.
warp daddy warp daddy
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Re: Mr. Money Mustache

Do it boys ,  it WORKS !!!


was a hyper saver for my entire working life and was a debT free situation long before  planned early retirement at 51,

We put both kids thru graduate schol debt free and now , NOW retired for the past 20 yrs and enjoying the rewards . So yeah  i ,m nuts But , as an economist i understood the notion of " enough" and the trade off of making a life NOT just a living . Started my plan in my early twenties and  understood that compounding is a miracle so always taught my students and later my colleagues about maxing out pre tax savings and THEN save a bit more .

SO long story short , you fantasize about living the good life and retiring at a reasonable age with good health etc ... You MUST have discipline,  live well under your means, dont chase crass commercialism , and PAY YOURSELF and start living LIFE

The only thing i wish i HAD done was write the damn book  ðŸ˜œ

JasonWx JasonWx
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Re: Mr. Money Mustache

warp daddy wrote
Do it boys ,  it WORKS !!!


was a hyper saver for my entire working life and was a debT free situation long before  planned early retirement at 51,

We put both kids thru graduate schol debt free and now , NOW retired for the past 20 yrs and enjoying the rewards . So yeah  i ,m nuts But , as an economist i understood the notion of " enough" and the trade off of making a life NOT just a living . Started my plan in my early twenties and  understood that compounding is a miracle so always taught my students and later my colleagues about maxing out pre tax savings and THEN save a bit more .

SO long story short , you fantasize about living the good life and retiring at a reasonable age with good health etc ... You MUST have discipline,  live well under your means, dont chase crass commercialism , and PAY YOURSELF and start living LIFE

The only thing i wish i HAD done was write the damn book  ðŸ˜œ

He speaks the truth!!!
"Peace and Love"
campgottagopee campgottagopee
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Re: Mr. Money Mustache

He always does ^^^^^
warp daddy warp daddy
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Re: Mr. Money Mustache

Thank you Men !! I appreciate that , speaking plainly and with conviction is a big thing with me . i find most can handle it and THIS notion of self reliance and self financial discipline is really NOT all that difficult when you keep your LONG term objective in front of you . Ie getting a LIFE , early enough ro enjoy it .

i always teach this stuff to young people when the subject comes up and it comes up OFTEN.  

Camp , ur on target about the credit debacle . i learned from my dad who was a regional mgr dor what is now Equifax , he often spoke to me about the financial becale of over extension of debt , so from day one i used my credit card BUT always paid off thbalance and paid ZERO inteest . ...... My wife early on before we married was a banker before becoming an educator later on . She too saw the incredible debt loads and what often results from same .

Do it men !! Smartest move u can make .
bumps bumps
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Re: Mr. Money Mustache

Everything Warp Daddy says about financial discipline, always paying off credit cards, living within means, etc. is great advice, but...

warp daddy wrote
My wife early on before we married was a banker
LOL, marrying a banker is a pretty nice shortcut to retiring at 51.  
warp daddy warp daddy
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Re: Mr. Money Mustache

Funny but she was a statements CLERK , not an officer it was her first job out of High school and was 18 thru 21 yrs of age while she held the job Then was a STAY AT HOME mom till our youngest went to college in 1987 . but she UNDERSTOOD how to save .  
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