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Optimal Finance Daily - Financial Independence and Money Advice

093: My Deprived Life: Raising a Family on Under $27,000 Per Year - Part 1 by Mr. Money Mustache

Optimal Finance Daily - Financial Independence and Money Advice

Optimal Living Daily LLC

Business, Education, Investing, Self-improvement

4.51.3K Ratings

🗓️ 6 July 2016

⏱️ 11 minutes

🧾️ Download transcript

Summary

Mr. Money Mustache shares exactly how he manages to raise his family on under $27,000 per year. This is Part 1 of 3. Episode 93: My Deprived Life: Raising a Family on Under $27,000 Per Year - Part 1 by Mr. Money Mustache (Early Retirement). Mr. Money Mustache is a thirty-something retiree who now writes about how we can all live a frugal, yet awesome, life of leisure. He and his wife studied engineering and computer science in Canada, then worked in standard tech-industry cubicle jobs in various locations throughout the late ’90s and early 2000s. Then they retired from real work way back in 2005 in order to start a family. This was achieved not through luck or amazing skill, but simply by living a lifestyle about 50% less expensive than most of their peers and investing the surplus in very boring conservative Vanguard index funds and a rental house or two. The original post is located here: http://www.mrmoneymustache.com/2012/06/01/raising-a-family-on-under-2000-per-year Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and Join the Ol' Family to get your Free Gifts! Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

This episode is brought to you by Pepsi Max. Christmas is great, but there's loads of ways to make it better.

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Like sneaking some chili into the gravy for some extra oint, or building a playlist that will even get your

0:14.8

none up on the table or just cracking open an ice cold Pepsi Max.

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Christmas.

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It doesn't care where you come from, what you look like, your credit score,

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or your outrageous food delivery habits.

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0:49.0

To learn more, don't invest unless you're prepared to lose all the money you invest.

0:52.0

This is a high-risk investment and you should not expect to be protected if something goes wrong.

0:57.0

This is Optimal Finance Daily episode 93. My Deprived Life, raising a family on under $27,000 per year, part one, by Mr. Money

1:07.1

mustache of Mr. Money Mustache.com.

1:10.8

Get ready to maximize your potential with optimal finance daily, the

1:15.0

podcast that brings you the best content in personal finance five days a week.

1:19.8

Your optimal life awaits. Now here's your host, Dan Warren.

1:28.5

Hi everyone, welcome to optimal finance daily.

1:31.9

I'm Dan, the guy who's having a little trouble believing

1:34.4

at his 20th college reunion is next year. I got a couple of things in the

1:39.7

mail the other day and man that is tough to believe time certainly flies and as we heard

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