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A blog by an ER'd person - that I stumbled upon today
Old 10-13-2011, 12:09 AM   #1
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A blog by an ER'd person - that I stumbled upon today

This post talks about how he earned & saved the money to ER in his 30s.

A Brief History of the ‘Stash: How we Saved from Zero to Retirement in Nine Years | Mr. Money Mustache

His other posts are quite entertaining & informative too.
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Old 10-13-2011, 07:33 AM   #2
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His ER is based on the amazing earning power of his entire family - even the baby brings in big bucks!

"It earns me about $50k in the first year, and wife still works for part of this year until the baby comes, earning $60k."

Amethyst
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Old 10-13-2011, 10:52 AM   #3
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His ER is based on the amazing earning power of his entire family - even the baby brings in big bucks!

"It earns me about $50k in the first year, and wife still works for part of this year until the baby comes, earning $60k."

Amethyst
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Old 10-13-2011, 12:16 PM   #4
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I've been reading him for a while. My absolute favorite of all time? Are you a complainypants? Pure awesomeness.
How to Tell if You’re a Complainypants | Mr. Money Mustache
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Old 10-13-2011, 12:26 PM   #5
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I've been reading him for a while. My absolute favorite of all time? Are you a complainypants? Pure awesomeness.
How to Tell if You’re a Complainypants | Mr. Money Mustache
That's great. Mustachian or Complainypants? I'm sending that one to the kids.
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Old 10-13-2011, 01:40 PM   #6
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Great stuff! I'll be reading this blog...this is a great example of "how to" for those who want to become financially independent. Did he have some good luck? Yeah....got into technology at a good time. Did he have some bad luck? Yeah....housing isn't always a moneymaker. But the main message here is work hard (he got a good degree and then worked hard), get married and stay married (a common thread among FI's, although not absolutely necessary), and LBYM, investing the extra. Does it work this good every time? No, but even if this guy had done this during the worst investing years ever (would that be the last 10 years?) I still think he becomes FI...just would take longer. Bottom line, this guy "gets" it and got it done....doubt this type would have ever been at an occupy wall street rally...he would have been too busy working hard.
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Old 10-13-2011, 02:07 PM   #7
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I didn't see how he handles health insurance.
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Old 10-13-2011, 02:11 PM   #8
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Complainypants!
I honestly have no idea how he handles health insurance--I read blogs like his not for "how-to" tips, but for purposes of confirmation bias and inspiration. And I do love his moxie!
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Old 10-13-2011, 02:15 PM   #9
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I like the pants. "...pants" is the new "...kins" or "....poo." Tina Fey's autobiography is Bossypants.
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Old 10-13-2011, 04:08 PM   #10
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doubt this type would have ever been at an occupy wall street rally...he would have been too busy working hard.
Since we don't all agree on the rather emotional and political topic of the occupy movement, perhaps it would be best to leave it out of posts that are not in the political forum.

Just sayin'

-helen
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Old 10-13-2011, 06:49 PM   #11
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-I read blogs like his not for "how-to" tips, but for purposes of confirmation bias and inspiration. And I do love his moxie!
Hi, I am Sarah, and I am helpless over seeking confirmation bias...

Ha
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Old 10-13-2011, 06:51 PM   #12
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I didn't see how he handles health insurance.
If you are healthy and have a high deductible plan, and can whistle while walking through the graveyard, health costs are very cheap. Of course anything can happen, but for a lot of people including me, fortunately, healthcare costs are minimal.
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Old 10-13-2011, 09:42 PM   #13
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I didn't see how he handles health insurance.
If he bought individual insurance when he ER'd (or while in good health) and kept it up, it is affordable in CO. Our premiums dropped by 50% on moving here from NJ.
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Old 10-13-2011, 10:19 PM   #14
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I've read MMM since May, when Jacob at ERE had a guest post by him. I immediately went back and read all the articles (had only been around a month at that time). By far my favorite financial blogger.

He actually has a whole post about health care costs, IIRC.
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Old 10-14-2011, 08:43 AM   #15
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Great blog and very thought provoking. The guy must have a tough time walking what with the giant chip on his shoulder and those huge huevos bouncing against his thighs.

If you are a carpenter instead of a programmer, are you really retired?
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Old 10-14-2011, 09:08 AM   #16
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I thought the same thing Brewer. He is "retired" from the corp rat race and works for himself. I would still take that any day tho!

I liked the post about the 50% and 2% rule for rental properties. There is no way that would work up in my neck of the woods but it is a good sanity check/rule of thumb.
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Old 10-14-2011, 02:04 PM   #17
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Originally Posted by arebelspy
I've read MMM since May, when Jacob at ERE had a guest post by him. I immediately went back and read all the articles (had only been around a month at that time). By far my favorite financial blogger.

He actually has a whole post about health care costs, IIRC.
I read a post of his on health insurance that may be the same one. He mentioned how inexpensive it was to get high deductible plans. The fact that he said he went on ehealthinsurance for quotes without citing his own cost makes me wonder if he has any coverage at all. He mentioned something about eating well and taking care of himself as his best insurance policy and most of these type of people do not get sick. He also mentioned that healthy 60 years buying their plans don't pay that much more than younger ER people buying it. I'm sure the assumption was if your healthy you will stay healthy until you get a lot older.
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Old 10-14-2011, 02:21 PM   #18
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I'm sure the assumption was if your healthy you will stay healthy until you get a lot older.
That is why nobody dies young.
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Old 10-14-2011, 02:31 PM   #19
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That is why nobody dies young.
Agreed. While I hope he is correct, as maybe I will benefit from it too, I don't trust it enough to not have insurance!
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Old 10-14-2011, 03:00 PM   #20
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He may be one of the 3 people in America to have made investment gains in the dot bomb crash.
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