mr money mustache shockingly simple math

#Mr money mustache shockingly simple math software#

The former software engineer started blogging about his early retirement at 30 and 'badass' life of leisure in 2011 at. One of the first to blog about early retirement was Peter Adeney, aka Mr Money Mustache. The uncertainty of COVID shone a light on the need to have the security of a healthy level of savings, a robust emergency fund, and the madness of drowning in debt - three essential beliefs of FIRE. I have interviewed hard-working people drowning in debt who have turned their lives around by linking up with some inspiring frugal bloggers. 'FI allows us to buy back years we may otherwise have spent in a cubicle,' says the Sydney mother of two who has just reached financial independence. 'Most of us in the FIRE community realise how precious each year in our lives really is,' explains Mrs Money Flamingo, who is in her thirties, a mother of two and one of the many enlightening bloggers who write about their path to financial independence. She has cut her consumption, has no debt and saved to pursue financial independence. There are families like Mrs Money Flamingo who don't want to spend the next 30 years working in a cubicle. 'I do love seeing more people in the FIRE space because it will help more people,' says Dave.

Then there are the retired such as Dave who runs the blog who retired at 28. You can probably find FIREs that fit your own circumstances too because there are a broad range of FIREs from young people starting out, those halfway to early retirement, singles, couples and families. FIRE calculators work out how much you need in retirement and how long until you can afford to retire. They want to share their findings because it is changing their lives for the better.įIREs lay out their finances transparently explaining how much they spend throughout the year and on what as well as how they invest their savings. FIREs go public about their journey, often because it holds them accountable and keeps them on the path to retire early.

One of the refreshing features about the FIREs' blogs is that there isn't a hidden agenda to sell products as there is with many people discussing personal finance. Why not link up with FIREs via their blogs, Instagram, websites and podcasts to join a community of savers? It could be life-changing for you and your finances. Saving isn't easy, particularly if you are surrounded by high-consuming spenders.

Mr money mustache shockingly simple math