1446: My 750 Dollar Bread Making Machine by Mr. Money Mustache on Smart Spending Decisions

Optimal Finance Daily - Financial Independence and Money Advice

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Investing, Education, Business, Self-improvement

4.4 • 1.3K Ratings

🗓️ 23 February 2021

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Mr. Money Mustache tells us about his 750 dollar bread making machine. Episode 1446: My 750 Dollar Bread Making Machine by Mr. Money Mustache on Smart Spending Decisions 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: https://www.mrmoneymustache.com/2011/09/08/my-750-bread-making-machine-2/ Please Rate & Review the Show! Visit Me Online at OLDPodcast.com and in The O.L.D. Facebook Group Join the Ol' Family to get your Free Gifts and join our online community: OLDPodcast.com/group Interested in advertising on the show? https://www.advertisecast.com/OptimalFinanceDaily Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This is Optimal Finance Daily, episode 1446, my $750 breadmaking machine by Mr. Money Mustache
0:08.6	of MrMoneyMustache.com, and I'm your host and personal finance enthusiast, Diana Mariam.
0:15.0	This is the show where I narrate posts from thought leaders in personal finance every single day of
0:20.0	the year and 10 minutes or less. And if you're looking for some financially minded friends,
0:25.3	check out the Facebook group I run called For the Five Curious. This is a joint group between
0:30.8	Optimal Finance Daily and the Economy Conference, which is an event I produce. In this group,
0:35.9	we aim to inspire you on your path to financial independence. I'm also posting questions that come
0:41.4	in from the show's listeners in the Facebook group. So it's a great opportunity to participate
0:46.4	in the discussion and hear from other money nerds. Just search for Optimal Finance Daily and
0:52.0	you'll quickly find the Facebook group called For the Five Curious. But for now, let's hear
0:58.1	today's post and start optimizing your life. My $750 breadmaking machine by Mr. Money Mustache
1:09.7	of MrMoneyMustache.com. Some consumer products become the butt of many jokes because they're
1:16.8	often bought in a fit of good intentions, but then discarded almost immediately.
1:21.6	Tried mills and exercise bikes are in this category as are juice extractors and bread machines.
1:27.2	So you can understand the hesitation I felt three years ago when the temptation to own a
1:32.3	bread machine of my own started growing within me. The justification in my mind was that we're
1:37.6	eating a lot of bread at the time and hey, who doesn't like fresh bread? So I let the idea sit
1:43.0	and rise for a while. And meanwhile, the Mrs. and I went over to dinner at the home of some
1:48.3	friends one night. These friends are a sophisticated and frugal couple from Holland who had just moved
1:54.1	to the US. They served us an exotic spicy vegetarian meal that was insanely delicious,
2:01.2	with a slice of steaming seed encrusted, fresh baked bread on the side.
2:06.4	My wife and I said, we need to start eating more like you two. The table immediately broke into
	...

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