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Meet Mr. Money Mustache, the man who retired at 30
171–180 of 252 posts
Re: Meet Mr. Money Mustache, the man who retired at 30
#172Earlier quoted context omitted.
$500/month? But a simple train ticket that takes you 600km away will set you back $100. Here in Europe at least. And I probably spend $500/month just on food and caffeine. Hell, the basic government fees (insurance, pension etc.) to keep my sole proprietorship running costs me 300 euro/month. I really don't see how you could live on the road on $500/month, you're making stuff up.
When you travel on budget, you usually don't take trains, but hitchhike. And you can always get a bed with couchsurfing.org
Hitchhiking is pretty dangerous. Better to use a car-sharing board. I once took a long-distance Greyhound bus to Florida at Christmas, which was filled with homeless wanderers who had splurged for the bus ticket because they said hitchhiking was too dangerous. It isn't an option at all for women and most of the men had stories about being robbed, aggressively solicited for sex, or even having been shot at while walking roadside.
Re: Meet Mr. Money Mustache, the man who retired at 30
#173I don't like how judgmental he is about lifestyle choices alternative to the ones he's made. I, personally, enjoy going out to eat, I enjoy the "$100 happy hours," I'm in Turks and Caicos right now on a stretch of the most beautiful beach I've ever seen and I enjoy that, too. Oh, and I don't particularly dislike working. I'm a well paid highly skilled engineer building cool things for a fantastic .com that takes care…
You criticise him for being judgmental ... by being judgmental about him. Practice reading without taking things personally, it'll stand you in good stead.
Re: Meet Mr. Money Mustache, the man who retired at 30
#174Interesting article, and it would do well for most people to consider increasing wealth through investments. From the article: Our bread-and-butter living expenses are paid for by a single rental house we own, which generates about $25,000 per year after expenses. One nit, perhaps, on that - is the rental house completely managed by someone else? If not, I assume there is at least some minimal amount of work associat…
Lets be fair, I'm 28 y/o, and fairly rich, I love to work, and I live to work, and maybe it's the only thing I may do ever in my life. I could sell all of my bussiness, I could lease the buildings, and retire. But doing nothing is the hardest work I've ever do. I took a sabatic year after I graduated from college, traveled around the world, fucked some really beautiful girls, and after livining a dream-life, my life…
Pix or GTFO. You're a fantasist wannabe moron, go away.
Re: Meet Mr. Money Mustache, the man who retired at 30
#175Earlier quoted context omitted.
Back then it was even more! ;-) Part of this affordable "life on the road" concept might also be the fact that gas prices in the US are about 2.5x as cheap as they are in Europe. (this is always a fun conversion: https://www.google.com/search?q=1.70+euro+per+liter+in+dolla... not sure if that's the most recent gas price here, but it should be about right. This gives $8.36/gallon, and a quick google for gas prices in…
And combined with the exorbitant rent those guys pay. I've talked to a New Yorker visiting Ljubljana, he was extremely excited about getting a flat for 1700eur/month because that was about half his NYC rent. It was probably one of the ten most expensive flats you can get in Ljubljana. And we have exorbitant rent prices compared to the rest of my home country. So yeah, I can easily see how an american would think livi…
Hah, my luxurious studio apartment in Greece (new, fully furnished/decorated, good area, next to the sea) is 400 euros/month.
Re: Meet Mr. Money Mustache, the man who retired at 30
#176Interesting how so many of the top comments thus far fall into a few categories: "He did this at a time when the market was going up"... therefore it's impossible and I don't need to try doing this and it's OK to just keep doing what I'm doing. "He could only do this by living in poverty "... which would totally suck, so I'm better off not doing this and just continuing the way I am. "He can only pull this off becaus…
As a counterexample, here is a list of things you should do before you turn 30: http://www.policymic.com/articles/7704/29-amazing-things-you... While many of the examples are silly, I agree very much with all the advice to travel a lot . That takes money. Actually most of the things on that list go way beyond "live cheaply", and I agree with that. Anyway, as my economics professor said in college. There are those peo…
> there are those who live
And he is one of those that optimises for enjoying his life - I think you have _completely_ twisted what he says. They travelled enjoyably without wasting dosh: http://www.mrmoneymustache.com/2013/01/15/a-tale-of-two-vaca...
E.g. travel: "As twentysomethings, my wife and I saw a bit of the world including Australia, New Zealand, Italy, Hawaii, Mexico, and of course Canada and a great amount of the US. Now that we’re parents to a six-year-old, we keep things a bit more tame by staying mostly within North America. But that doesn’t mean sitting at home at all times. Even at this age, our son has been to four countries and about 20 US states. We spend about 3 months traveling each year and plan to do more as he gets older."
Re: Meet Mr. Money Mustache, the man who retired at 30
#177Earlier quoted context omitted.
Back then it was even more! ;-) Part of this affordable "life on the road" concept might also be the fact that gas prices in the US are about 2.5x as cheap as they are in Europe. (this is always a fun conversion: https://www.google.com/search?q=1.70+euro+per+liter+in+dolla... not sure if that's the most recent gas price here, but it should be about right. This gives $8.36/gallon, and a quick google for gas prices in…
And combined with the exorbitant rent those guys pay. I've talked to a New Yorker visiting Ljubljana, he was extremely excited about getting a flat for 1700eur/month because that was about half his NYC rent. It was probably one of the ten most expensive flats you can get in Ljubljana. And we have exorbitant rent prices compared to the rest of my home country. So yeah, I can easily see how an american would think livi…
New York City is the single most expensive place to live on the continent. It hardly affects how "an American" would think anything.
Re: Meet Mr. Money Mustache, the man who retired at 30
#178I don't like how judgmental he is about lifestyle choices alternative to the ones he's made. I, personally, enjoy going out to eat, I enjoy the "$100 happy hours," I'm in Turks and Caicos right now on a stretch of the most beautiful beach I've ever seen and I enjoy that, too. Oh, and I don't particularly dislike working. I'm a well paid highly skilled engineer building cool things for a fantastic .com that takes care…
It's part of his online persona, and it's the reason so many people are listening to him. That tone of disbelief is effective at making people look at their spending from a perspective many have never considered. That it irritates people who disagree probably doesn't bother or affect him much.
Re: Meet Mr. Money Mustache, the man who retired at 30
#179Earlier quoted context omitted.
When you travel on budget, you usually don't take trains, but hitchhike. And you can always get a bed with couchsurfing.org
Hitchhiking is pretty dangerous. Better to use a car-sharing board. I once took a long-distance Greyhound bus to Florida at Christmas, which was filled with homeless wanderers who had splurged for the bus ticket because they said hitchhiking was too dangerous. It isn't an option at all for women and most of the men had stories about being robbed, aggressively solicited for sex, or even having been shot at while walki…
Not my experience at all, having hitchhiked quite a bit in Europe and the US. Same with my friends, some of them female.
This is pure speculation, but maybe these "homeless wanderers" we're too easily spotted as potential victims? If you are young, fit, smart and confident the risk of hitchhiking is totally, OK in my opinion.
What I also like about hitchhiking these days, is that there a few hitchhikers but many car drivers who hitchhiked when they were young. People like to give back :-)
The main reason I prefer car-boards, trains or planes these days, is that its faster and much easier to predict when you will arrive. I have more money and less time. But if it was hitching or not travelling at all, I would choose the former.
Re: Meet Mr. Money Mustache, the man who retired at 30
#180Interesting how so many of the top comments thus far fall into a few categories: "He did this at a time when the market was going up"... therefore it's impossible and I don't need to try doing this and it's OK to just keep doing what I'm doing. "He could only do this by living in poverty "... which would totally suck, so I'm better off not doing this and just continuing the way I am. "He can only pull this off becaus…
As a counterexample, here is a list of things you should do before you turn 30: http://www.policymic.com/articles/7704/29-amazing-things-you... While many of the examples are silly, I agree very much with all the advice to travel a lot . That takes money. Actually most of the things on that list go way beyond "live cheaply", and I agree with that. Anyway, as my economics professor said in college. There are those peo…
You could get a job in a foreign country. Depends on your situation but for many programmers this is not a difficult option these days. Then you could make money while traveling instead of spending money.