#133: Financial Independence Through the Strenuous Life With Mr. Money Mustache

The Art of Manliness

Society & Culture, Education, Philosophy

4.7 • 14.5K Ratings

🗓️ 28 August 2015

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

What would you say to a person who told you that you could retire at age 30, never have to work again, and still live a comfortable life, all on a normal salary and without winning the lottery? You’d probably call them crazy. Of course that’s not how money works. Well, my guest today did retire at age 30, and he did so without making hundreds of thousands of dollars a year. And through his blog, he’s helped other people reach “financial independence” a lot sooner than they thought possible by living a life of “financial badassery.” His name is Pete and he’s the owner of the website Mr. Money Mustache. In today’s podcast, Pete and I discuss how living Teddy Roosevelt’s “Strenuous Life” can help you become financially independent.

Transcript

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0:00.0	I'm going to play a little bit more.
0:15.0	Brett McKay here and welcome to another edition of the Art of Manliness Podcast.
0:18.2	Now imagine you're in your 20s.
0:19.8	A lot of you are actually in your 20s.
0:22.6	And someone comes up to you and says, look, with your current job, right?
0:25.6	You don't have to be making millions of dollars a year.
0:27.9	It's an average middle class job.
0:31.2	You could retire at age 30 if you really wanted to.
0:33.8	Of course, you'd probably say, well, that's crazy talk.
0:36.2	Of course, you can't.
0:37.2	That's not how it works.
0:38.2	You have to work 30, 40 years to save enough so you can stop working.
0:42.3	Or the way you shortcut that is you start a business and sell it for millions of dollars
0:46.8	or a rich uncle dies you win the lottery.
0:48.8	We're not counting on that.
0:50.4	So I'm going to put my 30, 40 hours, 30, 40 years in.
0:54.7	My guest today has done it.
0:57.2	He actually retired at age 30 working as a software engineer.
1:02.0	And he wasn't making millions of dollars a year.
1:05.6	And the way he did it was just through extreme frugality.
1:10.6	His name is Pete.
1:12.0	He runs a blog called Mr. Money Mustache.
	...

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